New Fortress Energy
Integrates fuel supply, marine assets, terminals, and power delivery for LNG-to-power infrastructure.
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Profile
Provides integrated LNG-to-power infrastructure spanning natural-gas supply and liquefaction, floating LNG, shipping, terminals, and power assets. The international platform is being separated into Brazil and non-Brazil businesses through sanctioned UK restructuring plans that remain subject to conditions and approvals.
Combines natural-gas supply and liquefaction with Fast LNG and floating LNG units, shipping through FSRUs and LNG carriers, terminals, and power assets. The integrated platform runs from fuel supply through power delivery. It links physical infrastructure and logistics.
Brazilian gas-to-power and marine infrastructure, added through the Hygo and Golar acquisitions, sits alongside the non-Brazil business in an international platform. Jamaica is no longer in the portfolio after its sale.
UK restructuring plans sanctioned by the English court separate Brazilian operations from the non-Brazil business. Implementation remains subject to customary conditions and regulatory approvals.
Company facts
Categories
Key statistics
Year to date −73.8% · Average volume (30d) 1.9M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating |
|---|---|---|---|---|
| Sep 8, 2025 | CapitalOne | Downgrade | Equal Weight | Underweight |
| Aug 13, 2025 | Johnson Rice | Downgrade | Buy | Hold |
| Jun 26, 2025 | BTIG | Downgrade | Buy | Neutral |
| Oct 3, 2024 | Morgan Stanley | Downgrade | Overweight | Equal Weight |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026Q2 FY26 | −$0.21 | −$1.30 | −519.0% | $511.6M | $312.5M | −38.9% | −3.83% |
| Aug 6, 2026Q2 FY26 | −$0.21 | −$1.30 | −519.0% | $511.6M | $312.5M | −38.9% | +2.72% |
| May 14, 2026Q1 FY26 | −$0.19 | −$1.40 | −636.8% | $508.6M | $227.0M | −55.4% | +0.62% |
| May 13, 2026Q1 FY26 | −$0.47 | −$1.40 | −197.9% | $357.4M | $395.7M | +10.7% | −7.16% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $472.3M | $301.7M | $327.4M | $395.7M | $227.0M | $312.5M | |
| Gross profit | $51.5M | −$27.9M | $14.2M | $86.7M | −$62.7M | $9.5M | |
| Operating income | −$342.0K | −$85.2M | −$71.9M | −$25.9M | −$110.2M | −$75.8M | |
| Net income | −$177.6M | −$554.6M | −$299.7M | −$858.7M | −$399.9M | −$371.4M | |
| Diluted EPS | −$0.73 | −$2.02 | −$1.07 | −$2.78 | −$1.40 | −$1.30 | |
| Gross margin | 10.9% | -9.2% | 4.3% | 21.9% | -27.6% | 3.0% | |
| Operating margin | -0.1% | -28.2% | -22.0% | -6.6% | -48.6% | -24.3% |
Fiscal years (4-quarter sums)FY21 $1.32B · FY22 $2.37B · FY23 $2.41B · FY24 $2.36B · FY25 $1.50B
Revenue by product · Q2 FY26
Revenue by geography · FY24
Balance sheet, Jun 30, 2026Cash & short-term investments $161.2M · Total debt $9.11B · Total assets $10.73B · Shareholders' equity −$553.7M
Dividends
Raised for 3 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Sep 13, 2024 | Sep 13 | Sep 27 | $0.10 | |
| Jun 14, 2024 | Jun 15 | Jun 27 | $0.10 | |
| Mar 14, 2024 | Mar 15 | Mar 27 | $0.10 | |
| Dec 12, 2023 | Dec 13 | Dec 27 | $0.10 | |
| Sep 12, 2023 | Sep 13 | Sep 27 | $0.10 | |
| Jun 14, 2023 | Jun 15 | Jun 28 | $0.10 | |
| Mar 16, 2023 | Mar 17 | Mar 28 | $0.10 | |
| Jan 3, 2023 | Jan 4 | Jan 13 | $3.00 | special dividend |
Ownership
Shares outstanding 285.63M · Float 190.59M · 66.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Wesley R. Edens | 53.63M | 18.80% | 13D | Apr 2, 2026 |
| Great Mountain Partners LLC | 25.56M | 8.95% | 13F | May 13, 2026 |
| Energy Transition Holdings LLC | 25.56M | 9.00% | 13G | Feb 17, 2026 |
| Todd J. Kantor | 13.46M | 5.35% | 13D/G | Oct 7, 2024 |
| Fortress Investment Group LLC | 13.40M | 4.69% | 13F | May 15, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Golar LNG
Direct rival in floating LNG liquefaction infrastructure
- Excelerate Energy
Direct rival in FSRUs, LNG terminals, and gas-to-power
- Cheniere Energy
Scale rival in LNG supply, liquefaction, chartering, and delivery
- NextDecade
Project-development rival in U.S. LNG liquefaction capacity
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| New Fortress Energy | $0.2975 | +2.34% | $83.6M | — | 0.6 | 0.1 | −18.8% |
| Golar LNG | $50.29 | −0.02% | $5.12B | 32.4 | — | 9.8 | +72.4% |
| Excelerate Energy | $38.56 | 0.00% | $4.46B | 26.6 | 21.3 | 3.0 | +61.0% |
| Cheniere Energy | $282.89 | +0.21% | $59.16B | 21.0 | 16.3 | 2.7 | +26.3% |
| NextDecade | $7.35 | −0.00% | $1.96B | — | — | — | — |
| Median | 26.6 | 18.8 | 3.0 | +61.0% |