NFE earnings
New Fortress Energy Inc. (NFE) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- New Fortress Energy Schedules Informational CallNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") will host a conference call on Wednesday, March 18, 2026 at 8:30 AM Eastern Time. The conference call may be accessed by dialing 800-330-6710 (toll-free from within the U.S.) or +1 646-769-9200 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Informational Call" or conference code 3978309. About New Fortress Energy Inc. New Fortress Energy Inc. (NASDAQ:NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world's transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied n
- New Fortress Energy Completes Sale of Jamaica Assets & Operations to Excelerate Energy and Announces First Quarter 2025 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today announced the completion of the sale of its assets and operations in Jamaica to Excelerate Energy, Inc. (NYSE:EE) ("Excelerate") for $1.055 billion. The transaction was initially announced by NFE on March 27, 2025. Proceeds from the transaction will be used to reduce NFE's corporate debt and for general corporate purposes. Pursuant to the transaction, Excelerate Energy, Inc. has acquired full ownership of NFE's LNG import terminal in Montego Bay, offshore floating storage and regasification terminal in Old Harbour, and 150 MW Combined Heat and Power Plant in Clarendon, along with the associated infrastructure. "The closi
- New Fortress Energy Reschedules First Quarter 2025 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") is rescheduling the announcement of its financial results for the first quarter of 2025 to Wednesday, May 14th, 2025 at 4:00 P.M. Eastern Time to announce the closing of the Jamaica transaction, and announce an update to the use of proceeds. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. The Company will hold a conference call on Wednesday, May 14th, 2025 at 4:30 P.M. Eastern Time. The conference call may be accessed by dialing (888) 256-1007 (toll-free from within the U.S.) or +1 (323) 701-0225 (from outside of the U.S.) fifteen minutes
- New Fortress Energy Schedules First Quarter 2025 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the first quarter of 2025 after 4:00 P.M. Eastern Time on Monday, May 12th, 2025. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Monday, May 12th, 2025 at 4:30 P.M. Eastern Time. The conference call may be accessed by dialing (888) 256-1007 (toll-free from within the U.S.) or +1 (323) 701-0225 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE First-Quarter 2025 Earnings Call" or confe
- Excelerate Energy Advances Growth Strategy with Acquisition of Jamaica Downstream LNG and Power Infrastructure Business from New Fortress EnergyAddition of Complementary, Fully Integrated Downstream LNG and Power Platform Establishes Excelerate as the Key Provider of "Last-Mile" LNG Infrastructure in a Desirable Atlantic Basin Natural Gas Market Assets and Operations Generate Stable Cash Flows Supported by Attractive Long-Term Contracts with High-Quality Counterparties and Pipeline of Potential Growth Opportunities Acquisition Is Immediately Accretive to Earnings per Share and Enhances Operating Cash Flow Excelerate Energy, Inc. (NYSE:EE) ("Excelerate" or the "Company") today announced that it has entered into a definitive agreement with New Fortress Energy Inc. ("NFE") (NASDAQ:NFE) under which Excelerate will acquire NFE's busi
- New Fortress Energy Announces Fourth Quarter and Full Year 2024 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the fourth quarter and for the year ended December 31, 2024. Summary Highlights Adjusted EBITDA(1) of $313 million in the fourth quarter of 2024 and $950 million in the full year 2024 Net loss of $224 million in the fourth quarter of 2024 and $242 million in the full year 2024, driven primarily by costs incurred with refinancing our debt including a Q4 loss on extinguishment of debt of $260 million. Adjusted Net Income(3) of $29 million in the fourth quarter of 2024 and $101 million for the full year 2024 Adjusted EPS(2) of $0.13 on a fully diluted basis in the fourth quarte
- New Fortress Energy Schedules Fourth Quarter 2024 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the fourth quarter 2024 after 4:00 P.M. Eastern Time on Monday, March 3rd, 2025. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Monday, March 3rd, 2025 at 5:00 P.M. Eastern Time. The conference call may be accessed by dialing (888) 394-8218 (toll-free from within the U.S.) or +1 (323) 994-2093 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Fourth-Quarter 2024 Earnings Call" or con
- New Fortress Energy Announces Third Quarter 2024 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the third quarter of 2024. Summary Highlights Adjusted EBITDA(1) of $176 million in the third quarter of 2024 Net income of $11 million in the third quarter of 2024 Adjusted EPS(2) of $0.05 on a fully diluted basis in the third quarter of 2024 EPS of $0.03 on a fully diluted basis in the third quarter of 2024 Illustrative Adjusted EBITDA Goal(4) of $855 million in the full year 2024 "This has been a strong and steady third quarter for the company as we achieved Adjusted EBITDA of $176 million, matching our guidance of $175 million. This was largely the result of steady volume
- New Fortress Energy Schedules Third Quarter 2024 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the third quarter 2024 prior to 8:00 A.M. Eastern Time on Thursday, November 7th, 2024. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Thursday, November 7th, 2024 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 204-4368 (toll-free from within the U.S.) or +1-323-994-2093 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Third-Quarter 2024 Earnings Call
- New Fortress Energy Announces Second Quarter 2024 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the second quarter of 2024. Summary Highlights Adjusted EBITDA(1) of $120 million in the second quarter of 2024 Second quarter results do not include $107 million of contracted LNG sales during the quarter, which will be included in Adjusted EBITDA and earnings in the second half of 2024 Net loss of $87 million in the second quarter of 2024 Adjusted EPS(2) of $(0.41) on a fully diluted basis in the second quarter of 2024 EPS of $(0.44) on a fully diluted basis in the second quarter of 2024 Funds from Operations per share(3) of $(0.23) on a fully diluted basis in the se
- New Fortress Energy Schedules Second Quarter 2024 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the second quarter 2024 prior to 8:00 A.M. Eastern Time on Friday, August 9th, 2024. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Friday, August 9th, 2024 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 224-1005 (toll-free from within the U.S.) or +1-323-794-2575 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Second-Quarter 2024 Earnings Call" or
- New Fortress Energy Announces First Quarter 2024 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the first quarter of 2024. Summary Highlights Adjusted EBITDA(1) of $340 million in the first quarter of 2024 Net income of $57 million in the first quarter of 2024 Adjusted EPS(2) of $0.67 on a fully diluted basis in the first quarter of 2024 EPS of $0.26 on a fully diluted basis in the first quarter of 2024 Funds from Operations per share(3) of $0.92 on a fully diluted basis in the first quarter of 2024 Illustrative Adjusted EBITDA Goal(4) of ~$2 billion in the full year 2024 "This has been a tremendous quarter for the company with a number of significant mileston
- New Fortress Energy Schedules First Quarter 2024 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the first quarter 2024 prior to 8:00 A.M. Eastern Time on Wednesday, May 8th, 2024. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Wednesday, May 8th, 2024 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 256-1007 (toll-free from within the U.S.) or +1-323-701-0225 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE First Quarter 2024 Earnings Call" or co
- New Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and BrazilNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") announced today that management will host a conference call on Monday, March 25, 2024, at 11:00 am Eastern Time to discuss the Company's transformative transactions in Puerto Rico and Brazil. The conference call may be accessed by dialing (888) 224-1005 (toll-free from within the U.S.) or +1-323-701-0225 (from outside of the U.S.); please reference "NFE Company Update" or conference code 9397787. A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com under the Investors section within "Events & Presentations." Please allow time prior to the call to visit the s
- New Fortress Energy Announces Record Fourth Quarter and Full Year 2023 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the fourth quarter and for the year ended December 31, 2023. Summary Highlights Adjusted EBITDA(1) of $388 million in the fourth quarter of 2023 and $1.3 billion in the full year 2023 Net income of $215 million in the fourth quarter of 2023 and $549 million in the full year 2023 Adjusted EPS(2) of $1.01 on a fully diluted basis in the fourth quarter of 2023 and $2.75 in the full year 2023 EPS of $1.06 on a fully diluted basis in the fourth quarter of 2023 and $2.65 in the full year 2023 Funds from Operations per share(3) of $1.36 on a fully diluted basis in the fourth qua
- New Fortress Energy Schedules Fourth Quarter 2023 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the fourth quarter 2023 prior to 8:00 A.M. Eastern Time on Thursday, February 29th, 2024. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Thursday, February 29th, 2024 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 256-1007 (toll-free from within the U.S.) or +1-323-794-2575 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Fourth Quarter 2023 Earnings
- New Fortress Energy Announces Third Quarter 2023 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the third quarter of 2023. Summary Highlights Adjusted EBITDA(1) of $208 million in the third quarter of 2023 and $895 million in the first nine months of 2023 Net income of $62 million in the third quarter of 2023 and $334 million in the first nine months of 2023 Adjusted EPS(2) of $0.30 on a fully diluted basis in the third quarter of 2023 and $1.78(2) in the first nine months of 2023 Achieved several milestones since the second quarter of 2023 transitioned earnings from predominantly open cargos to nearly 100% contracted downstream assets(3); operated 150 MW in
- New Fortress Energy Schedules Third Quarter 2023 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the third quarter 2023 prior to 8:00 A.M. Eastern Time on Wednesday, November 8th, 2023. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Wednesday, November 8th, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 204-4368 (toll-free from within the U.S.) or +1-323-994-2093 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Third Quarter 2023 Earnings C
- New Fortress Energy Announces Second Quarter 2023 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the second quarter of 2023. Summary Highlights Adjusted EBITDA(1) of $246 million in the second quarter of 2023 and $686 million in the first half of 2023 Net income of $120 million in the second quarter of 2023 and $272 million in the first half of 2023 Adjusted EPS(2) of $0.58 on a fully diluted basis in the second quarter of 2023 and $1.48 in the first half of 2023 Achieved several milestones since the first quarter of 2023 Genera PR, an independently managed subsidiary of NFE, assumed management of PREPA's thermal power plants in Puerto Rico under a 10-year contract(3)
- New Fortress Energy Schedules Second Quarter 2023 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the second quarter 2023 prior to 8:00 A.M. Eastern Time on Tuesday, August 8th, 2023. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Tuesday, August 8th, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 204-4368 (toll-free from within the U.S.) or +1-323-994-2093 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Second Quarter 2023 Earnings Call" o
- New Fortress Energy Announces First Quarter 2023 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the first quarter of 2023. Summary Highlights Pleased to report record quarterly Adjusted EBITDA(1) of $440 million for Q1 2023 NFE's net income for Q1 2023 was $152 million Adjusted EPS for Q1 2023 was $0.90 per share on a fully diluted basis and $0.71 when including losses on disposal of certain assets On track to achieve our Illustrative Adjusted EBITDA Goal(2) of ~$2.0 billion for 2023 Today we are announcing a 2023 Illustrative Adjusted Net Income Goal(2) of ~$1.2 billion Our 2023 Illustrative Adjusted Net Income Goal(2), if achieved, would result in a 6x increase
- New Fortress Energy Schedules First Quarter 2023 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the first quarter 2023 prior to 8:00 A.M. Eastern Time on Thursday, May 4th, 2023. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Thursday, May 4th, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 224-1121 (toll-free from within the U.S.) or +1-323-794-2575 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE First Quarter 2023 Earnings Call" or conf
- New Fortress Energy Announces Fourth Quarter and Full Year 2022 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the fourth quarter and for the year ended December 31, 2022. Summary Highlights Pleased to report Q4 2022 Adjusted EBITDA(1) of $239 million and ~$1.1 billion for the year ended December 31, 2022 NFE's net income for three months and year ended December 31, 2022 was $66 million and $185 million, respectively Adjusted EPS(1) for Q4 2022 and full year 2022 was $0.87 per share and $2.74 per share, respectively, on a fully diluted basis and $0.30 per share and $0.93 per share for Q4 and full year 2022 when including a non-cash impairment charges Q4 non-cash impairment charges of $119
- New Fortress Energy Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the fourth quarter and full year 2022 prior to 8:00 A.M. Eastern Time on Tuesday, February 28th, 2023. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Tuesday, February 28th, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 204-4368 (toll-free from within the U.S.) or +1-323-994-2093 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Fourth Quarter an
- NFE Announces Update to Dividend Policy, Plan to Return Significant Capital to ShareholdersNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") announced today that its Board of Directors (the "Board") has approved an update to NFE's dividend policy following a comprehensive evaluation. This update is part of NFE's plan to return significant capital to its shareholders while continuing to fund substantial growth. The dividend policy is being updated with a goal to provide a clear go-forward framework to NFE's shareholders. Effective immediately, NFE is targeting an annual cash dividend equal to approximately 40% of its annual Adjusted EBITDA. In connection with adopting this dividend policy, the Board today declared a dividend of $3.00 per share, with a record date of
- New Fortress Energy Announces Third Quarter 2022 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the third quarter of 2022. Summary Highlights Pleased to report Q3 2022 Adjusted EBITDA(1) of $291 million and $1.17 billion over the trailing twelve months ended September 30, 2022. NFE's net income for Q3 2022 and trailing twelve months was $56 million and $271 million, respectively Adjusted EPS(1) for the period was $0.41 per share on a fully diluted basis, or EPS of $0.29 per share when including a non-cash impairment charge of $24 million resulting from an asset sale(2) announced in Q2 and completed in Q4 2022 We are on track to achieve our Illustrative Adjusted EBITDA Goal(3)
- New Fortress Energy Schedules Third Quarter 2022 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the third quarter 2022 prior to 8:00 A.M. Eastern Time on Tuesday, November 8th, 2022. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Tuesday, November 8th, 2022 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 394-8218 (toll-free from within the U.S.) or +1-323-794-2551 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Third Quarter 2022 Earnings Call"
- New Fortress Energy Announces Second Quarter 2022 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the second quarter of 2022. Summary Highlights Pleased to report Q2 2022 Adjusted EBITDA(1) of $283 million and $1.05 billion over the trailing twelve months ended June 30, 2022. NFE's net (loss) income for Q2 2022 and trailing twelve months was $(178) million and $197 million, respectively. Adjusted EPS for the period was $0.69 per share on a fully diluted basis, or EPS of $(0.81) per share when including a non-cash impairment charge of $315 million resulting from an asset sale(2) announced in Q2. On track to achieve Illustrative Adjusted EBITDA Goal(3) of $1.0+ billion for 2022 a
- New Fortress Energy Schedules Second-Quarter 2022 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the second quarter 2022 prior to 8:00 A.M. Eastern Time on Thursday, August 4th, 2022. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Thursday, August 4th, 2022 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 394-8218 (tollfree from within the U.S.) or 323-794-2588 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Second-Quarter 2022 Earnings Call." A
- NFE Announces Agreement with CFE to Expand Supply of Natural Gas to Baja, Build Offshore LNG Hub Near AltamiraNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE") today announced that it has entered into an agreement with Comisión Federal de Electricidad ("CFE") as part of a growing strategic alliance supported by His Excellency Andrés Manuel López Obrador, the President of Mexico, and by Manuel Bartlett, the CEO of CFE. The agreement involves (i) expanding and extending NFE's supply of natural gas to multiple CFE power generation facilities in Baja California Sur, (ii) selling NFE's 135 MW La Paz power plant to CFE, and (iii) creating a new LNG hub off the coast of Altamira, Tamaulipas, with CFE supplying the requisite feedgas to two NFE FLNG units using CFE's existing pipeline capacity. "We are please
- NFE Announces Agreement with Pemex to Complete Lakach Offshore Gas Field and Deploy FLNG SolutionNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE") today announced that it has signed an agreement with Petróleos Mexicanos ("Pemex") to form a long-term strategic partnership that benefits from the complementary capabilities of each company. The partnership is expressly supported by His Excellency Andrés Manuel López Obrador, the President of Mexico, and by Octavio Romero Oropeza, the CEO of Pemex. The agreement involves the joint development of the Lakach deepwater natural gas field for Pemex to supply natural gas to Mexico's onshore domestic market and for NFE to produce LNG for export to global markets. "We are honored to enter into this important strategic partnership that strengthens NFE
- New Fortress Energy Announces First Quarter 2022 ResultsNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the first quarter of 2022. Summary Highlights Reported Q1 2022 net cash flow from operations of $114 million, net income of approximately $241 million and EPS of $1.13 per share on a fully diluted basis Reported Q1 2022 Adjusted EBITDA of approximately $258 million (six-months trailing of $592 million) Reiterated on-track to achieve illustrative full-year 2022 and 2023 Adjusted EBITDA targets(1) of $1.0+ billion and $1.5+ billion, respectively NFE's Board of Directors approved a dividend of $0.10 per share, with a record date of June 14, 2022 and a payment date of June 28, 2022
- New Fortress Energy Schedules First-Quarter 2022 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the first quarter 2022 prior to 8:00 A.M. Eastern Time on Thursday, May 5th, 2022. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Thursday, May 5th, 2022 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE First-Quarter 2022 Earnings Call." A simultaneous we
- New Fortress Energy Files Permit Application to Deploy its Fast LNG Solution in the U.S. Gulf of Mexico2.8 MTPA of new LNG liquefaction capacity (equates to >25% of U.S.' targeted increase in LNG volumes to the EU in 2022) 1Q23 in-service target, subject to receipt of all permitting and regulatory approvals New Fortress Energy Inc. (NASDAQ:NFE) (together with its affiliates, "NFE") today announced that it has concurrently filed applications with the U.S. Maritime Administration, the U.S. Coast Guard and U.S. Department of Energy to request all necessary permits and regulatory approvals to site, construct and operate a new offshore LNG liquefaction terminal off the coast of Louisiana ("the Project") with a capacity of exporting approximately 145 billion cubic feet of natural gas per year
- New Fortress Energy Announces Fourth Quarter 2021 Results and Declares Dividend of $0.10 Per Class A Common ShareNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the fourth quarter and full year 2021. Fourth Quarter Highlights Financial results NFE is pleased to report our highest quarterly and annual net income and EPS in our history Net income of over $151 million and EPS of $0.72 per share on a fully diluted basis for Q4 2021 Net income of over $92 million and EPS of $0.47 per share on a fully diluted basis for the year ended December 31, 2021 NFE is adopting Adjusted EBITDA as our new financial performance measure Adjusted EBITDA(4) increased almost 100% over the previous quarter to approximately $334 million in Q4 2021 from $170
- New Fortress Energy Inc. Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the fourth quarter and full year 2021 prior to 8:00 A.M. Eastern Time on Tuesday, March 1st, 2022. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Tuesday, March 1st, 2022 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Fourth Quarter 2021 Earnings Call."
- New Fortress Energy Announces Third Quarter 2021 Results and Declares Dividend of $0.10 per Class A Common ShareNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the third quarter ending September 30, 2021. Third Quarter Highlights Record Total Segment Operating Margin(1) in Q3 of approximately $210 million, beating Illustrative Total Segment Operating Margin Goal(2) of $208 million Illustrative Total Segment Operating Margin Goal for the 2nd half of 2021 expected to be $585 million, a 50% increase from the Illustrative Total Segment Operating Margin Goal set in July FY 2022 Illustrative Total Segment Operating Margin Goal is on track for over $1.1 billion with significant earnings growth as Brazil, Ireland and Fast LNG come Online(3) Gro
- New Fortress Energy Inc. Schedules Third Quarter 2021 Earnings Release and Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the third quarter 2021 prior to 8:00 A.M. Eastern Time on Wednesday, November 3, 2021. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Wednesday, November 3, 2021 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Third Quarter 2021 Earnings Call." A simulta
- New Fortress Energy Inc. Schedules Investor Update Conference CallNew Fortress Energy Inc. (NASDAQ:NFE) announced today that management will host an investor update conference call on October 7, 2021 at 9:00am Eastern Time. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE Investor Update Call." A Form 8-K will be posted and a simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com. Please allow extra time prior to the call to visit the site and download the
- New Fortress Energy Announces Second Quarter 2021 Results and Reaffirms Dividend of $0.10 per Class A Common ShareNew Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the second quarter ending June 30, 2021. Second Quarter Highlights Commercial update Tremendous commercial headway in the Brazil market - Signed eight new sales agreements for 5.8mm Committed(1) gallons per day ("GPD") contributing to illustrative Total Segment Operating Margin goal(2) of $1.1Bn Norsk Hydro – Signed memorandum of understanding ("MOU") and negotiating for up to 1.0mm GPD Run Rate(3) long-term gas supply agreement for Alunorte refinery, co-located with our Barcarena Terminal Executed a Gas Sales Agreement with Industrial Customer in NE Brazil – up to 1.4mm GPD Run R