New Fortress Energy LLC Class A Stock News

Shares of New Fortress Energy (NFE -4.58%) were in free fall this week. The company's stock plummeted 62.7% as of 1:55 p.m.

New Fortress Energy Inc. reported abysmal quarterly results with both revenue and profitability falling well short of expectations. In addition, full-year guidance for core Adjusted EBITDA was underwhelming. The news triggered a massive selloff in the company's securities as market participants are seemingly preparing for the worst. Following recent credit facility amendments, New Fortress Ener...

Liquefied natural gas (LNG) stock New Fortress Energy (NFE -60.62%) imploded in morning trading Thursday after reporting staggering losses and a big asset sale.

New Fortress Energy, Inc. (NASDAQ:NFE ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Matt Reinhard - MD Wes Edens - Chairman & CEO Leandro Cunha - MD, NFE Brazil Jeremy Dawson - VP, Business Development Chris Guinta - CFO Conference Call Participants Gregory Lewis - BTIG Chris Robertson - Deutsche Bank Wade Suki - Capital One Craig Shere - Tuohy Brothers Tarek H...

NEW YORK--(BUSINESS WIRE)--New 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 ge...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that it has closed its acquisition of New Fortress Energy Inc.'s (Nasdaq: NFE) business in Jamaica (the “Acquisition”). Under the terms of the purchase agreement, Excelerate has acquired the assets and operations of the Montego Bay liquified natural gas (“LNG”) Terminal, the...

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) announced today that its subsidiary has executed a three-year charter agreement for the Energos Freeze, a 125,000 m³ Floating Storage and Regasification Unit (FSRU), with Energía 2000 S.A. in the Dominican Republic. The Energos Freeze will be deployed to Energía 2000 S.A.'s LNG import terminal located at ...

NEW YORK--(BUSINESS WIRE)--New 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 ...