New Fortress Energy Inc
General ticker "NFE" information:
- Sector: Energy
- Industry: Oil, Gas & Consumable Fuels
- Capitalization: $2.4B
New Fortress Energy Inc does not follow the US Stock Market performance with the rate: -38.8%.
Estimated limits based on current volatility of 4.1%: low 11.10$, high 12.05$
Factors to consider:
- Company pays dividends: last record date 2024-09-13, amount 0.10$ (Y3.34%)
- US accounted for 44.0% of revenue in the fiscal year ended 2023-12-31
- Current price 41.2% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [20.35$, 38.45$]
- 2024-12-30 to 2025-12-30 estimated range: [19.18$, 36.66$]
Financial Metrics affecting the NFE estimates:
- Positive: Non-GAAP EPS, $ of 2.84 > 2.29
- Negative: Investing cash flow per share, $ of -14.10 <= -3.48
- Negative: Interest expense per share, $ of 1.35 > 0.74
- Negative: 0 < Inventory ratio change, % of 0.84
- Positive: Industry operating cash flow per share per price (median), % of 20.76 > 10.07
- Positive: Operating profit margin, % of 38.59 > 19.51
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 4.97
Short-term NFE quotes
Long-term NFE plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,322.81MM | $2,368.27MM | $2,442.67MM |
| Operating Expenses | $1,083.93MM | $1,630.89MM | $1,500.01MM |
| Operating Income | $238.88MM | $737.38MM | $942.67MM |
| Non-Operating Income | $-148.15MM | $-203.81MM | $-288.25MM |
| Interest Expense | $154.32MM | $236.86MM | $277.84MM |
| Income(Loss) | $90.73MM | $533.57MM | $654.42MM |
| Taxes | $12.46MM | $-123.44MM | $115.51MM |
| Other Income(Loss) | $14.44MM | $-472.22MM | $9.97MM |
| Profit(Loss) | $92.71MM | $184.79MM | $548.88MM |
| Stockholders Equity | $1,791.58MM | $1,289.82MM | $1,640.09MM |
| Inventory | $37.18MM | $39.07MM | $113.68MM |
| Assets | $6,876.49MM | $7,705.08MM | $10,501.25MM |
| Operating Cash Flow | $84.77MM | $355.11MM | $824.76MM |
| Capital expenditure | $669.35MM | $1,174.01MM | $3,029.83MM |
| Investing Cash Flow | $-2,273.56MM | $-82.73MM | $-2,904.14MM |
| Financing Cash Flow | $1,816.94MM | $321.96MM | $1,528.95MM |
| Earnings Per Share* | $0.49 | $0.93 | $2.66 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.