New Fortress Energy Announces First Quarter 2024 Results
New Fortress Energy Inc. - Class A (NFE)
Last new fortress energy inc. - class a earnings: 3/4 12:02 am
Check Earnings Report
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the first quarter of 2024.Summary HighlightsAdjusted EBITDA(1) of $340 million in the first quarter of 2024Net income of $57 million in the first quarter of 2024Adjusted EPS(2) of $0.67 on a fully diluted basis in the first quarter of 2024EPS of $0.26 on a fully diluted basis in the first quarter of 2024Funds from Operations per share(3) of $0.92 on a fully diluted basis in the first quarter of 2024Illustrative 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 milestones. We have completed the construction of our first FLNG unit and are currently commissioning the asset, with First LNG expected later this month and first full cargo expected in June. We commenced operations in Brazil at both of our LNG terminals and have 2.2 gigawatts of power under construction.
Show less
Read more
Impact Snapshot
Event Time:
NFE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFE alerts
High impacting New Fortress Energy Inc. - Class A news events
Weekly update
A roundup of the hottest topics
NFE
News
- New Fortress Energy Inc. (NASDAQ:NFE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- New Fortress Energy Inc. (NASDAQ: NFE) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $35.00 to $33.00. They now have a "hold" rating on the stock.MarketBeat
- New Fortress Energy Inc. (NASDAQ: NFE) had its price target lowered by analysts at Stifel Nicolaus from $45.00 to $43.00. They now have a "buy" rating on the stock.MarketBeat
- UPDATE 1-New Fortress delays start of Mexico's first LNG plant to May [Yahoo! Finance]Yahoo! Finance
- New Fortress Energy Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
NFE
Earnings
- 5/8/24 - Beat
NFE
Sec Filings
- 5/16/24 - Form 4
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- NFE's page on the SEC website