New Fortress Energy Inc.

NASDAQ•NFE

CEO: Mr. Wesley Robert Edens

Sector: Utilities

Industry: Regulated Gas

Listing Date: 2019-01-31

New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

Contact Information

111 West 19th Street, 8th Floor, New York, NY, 10011, United States

516-268-7400

www.newfortressenergy.com

Market Cap

$199.94M

P/E (TTM)

-0.1

Dividend Yield

52W High

$7.37

52W Low

$0.56

52W Range

Rank54Top 78.1%

2.7

F-Score

Modified Piotroski Analysis

Based on 9-year fundamentals

Weak • 2.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2017-2025

Financial Dashboard

Q4 2025 Data

Revenue

$404.44M+0.00%

4-Quarter Trend

EPS

-$2.78+0.00%

4-Quarter Trend

FCF

$99.45M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Jamaica Sale Proceeds Received net proceeds of $678.5M from Jamaica Business sale; recognized $471.0M gain in nine months ended September 30.

Ships Segment Margin Strong Ships segment operating margin reached $20.2M in Q3 2025; Terminals segment margin was $44.4M for the quarter.

Major Goodwill Impairment Charge Recognized $582.2M goodwill impairment loss for nine months 2025; total asset impairment expense reached $127.9M.

Risk Factors

Substantial Going Concern Doubt Management concluded substantial doubt exists due to operating losses and inability to fully support obligations when due.

Expected Debt Covenant Breaches Company expects non-compliance with first lien debt ratio covenants for Q4 2025 under Revolving Facility agreements.

New 2029 Notes Interest Default Missed $163.8M interest payment on New 2029 Notes; forbearance agreement expires December 15, 2025.

Liquidity Used in Operations Net cash used in operating activities was $(575.2M) for nine months 2025, a $(721.4M) decrease from prior year.

Outlook

Evaluating Strategic Alternatives Initiated process to evaluate strategic alternatives including asset sales and debt amendments to provide additional liquidity.

IT Controls Remediation Underway Material weakness identified in IT controls supporting financial reporting; remediation efforts are ongoing and subject to review.

Barcarena Power Plant Commissioning Barcarena Power Plant commissioning underway in Q3 2025; expected to begin delivering $93.8M power revenue.

Peer Comparison

Revenue (TTM)

NFE

$1.50B

-36.4%

ARIS

$1.14B

+151.9%

UTL

$582.10M

+19.6%

Gross Margin (Latest Quarter)

ARIS

58.3%

-3.9pp

YORW

51.9%

-1.2pp

PCYO

50.5%

+4.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ARIS	$4.06B	23.3	13.7%	20.0%
UTL	$913.03M	16.3	9.4%	43.3%
NRGV	$783.58M	-6.8	-171.1%	57.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-4.9%

Flat Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 12, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data