New Fortress Energy Teeters on Brink as Forbearance Deals Mask Mounting Default and Insolvency Risk
TipRanks (Wed, 15-Apr 2:00 AM ET)
New Fortress Energy Secures Brazil Bridge Loan Financing
TipRanks (Tue, 14-Apr 5:14 PM ET)
Did New Fortress Energy Inc. Insiders Breach their Fiduciary Duties to Shareholders?
PRNewswire (Thu, 9-Apr 5:32 PM ET)
Business Wire (Wed, 1-Apr 7:15 AM ET)
New Fortress Energy Brazil Enters into Terminal Lease Agreement for TGS
Business Wire (Tue, 31-Mar 9:00 AM ET)
New Fortress Energy Schedules Informational Call
Business Wire (Tue, 17-Mar 4:15 PM ET)
Business Wire (Tue, 17-Mar 12:50 PM ET)
New Fortress Energy Signs Restructuring Support Agreement
Business Wire (Tue, 17-Mar 12:50 PM ET)
Business Wire (Wed, 11-Mar 11:34 AM ET)
New Fortress Energy Inc is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include Terminals & Infrastructure, and Ships. It generates the majority of its revenue from the Terminals & Infrastructure segment.
New Fortress Energy - Class A trades on the NASDAQ stock market under the symbol NFE.
As of April 17, 2026, NFE stock price declined to $0.68 with 1,858,375 million shares trading.
NFE has a beta of 0.18, meaning it tends to be less sensitive to market movements. NFE has a correlation of 0.00 to the broad based SPY ETF.
NFE has a market cap of $194.23 million. This is considered a Micro Cap stock.
Last quarter New Fortress Energy - Class A reported $404 million in Revenue and -$2.81 earnings per share. This beat revenue expectation by $124 million and missed earnings estimates by -$1.87.
In the last 3 years, NFE traded as high as $40.04 and as low as $.56.
The top ETF exchange traded funds that NFE belongs to (by Net Assets): VTI, IWM, FNDA, VDE, IWN.
NFE has underperformed the market in the last year with a return of -87.7%, while the SPY ETF gained +36.5%. In the last 3 month period, NFE fell short of the market, returning -52.1%, while SPY returned +3.0%. However, in the most recent 2 weeks NFE has outperformed the stock market by returning +19.3%, while SPY returned +8.3%.
NFE support price is $.62 and resistance is $.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NFE shares will trade within this expected range on the day.
