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NFE / New Fortress Energy, Apollo to form LNG marine infrastructure platform JV in a deal valued at $2 billion

New Fortress Energy, Apollo to form LNG marine infrastructure platform JV in a deal valued at $2 billion
New Fortress Energy LLC NFE, +0.10% announced Tuesday that it will sell 11 liquid natural gas (LNG) infrastructure vessels to a new joint venture formed with Apollo Global Management Inc. APO, +1.61% in a deal valued at $2 billion. Apollo will own about 80% of the JV and New Fortress Energy (NFE) will own 20%. Read More
Posted: Jul 5 2022, 06:12
Author Name: Market Watch
Views: 111528

NFE News  

New Fortress Energy (NFE) Misses Q1 Earnings and Revenue Estimates

By Zacks Investment Research
May 4, 2023

New Fortress Energy (NFE) Misses Q1 Earnings and Revenue Estimates

New Fortress Energy (NFE) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares more_horizontal

New Fortress Energy: Market Outlook, First FLNG Project, And Risks

By Seeking Alpha
May 3, 2023

New Fortress Energy: Market Outlook, First FLNG Project, And Risks

The completion of New Fortress Energy's first FLNG unit is expected to happen soon, increasing the company's LNG supply by 29 TBtus and 63 TBtus in 20 more_horizontal

Why New Fortress Energy Stock Is Plunging Today

By The Motley Fool
February 28, 2023

Why New Fortress Energy Stock Is Plunging Today

The liquefied natural gas company disappointed investors. more_horizontal

New Fortress Energy: Continued Portfolio Optimization Into 2023

By Seeking Alpha
February 15, 2023

New Fortress Energy: Continued Portfolio Optimization Into 2023

NFE is known for using a disruptive approach in its development of stalled gas assets such as Lakach in Mexico. The 5 Fast LNG units under development more_horizontal

New Fortress Energy: Do Not Ignore Its FLNG Units' Potentials

By Seeking Alpha
February 15, 2023

New Fortress Energy: Do Not Ignore Its FLNG Units' Potentials

New Fortress Energy's net loss per diluted share of $0.81 in 2Q 2022 turned into a 3Q 2022 net income per diluted share of $0.29. Due to the reopening more_horizontal

New Fortress Energy: A Promising Prognosis

By Seeking Alpha
November 30, 2022

New Fortress Energy: A Promising Prognosis

New Fortress Energy Inc.'s strong performance over the past year is summed up by its share price increase of over 73% and revenue growth of over 200% more_horizontal

There's a lot of concern for natural gas supply next winter, says New Fortress Energy CEO

By CNBC Television
November 8, 2022

There's a lot of concern for natural gas supply next winter, says New Fortress Energy CEO

Wes Edens, New Fortress Energy founder and CEO, joins 'Squawk on the Street' to discuss his outlook for natural gas prices next year. more_horizontal

New Fortress Energy Inc.'s (NFE) CEO Wes Edens on Q2 2022 Results - Earnings Call Transcript

By Seeking Alpha
August 11, 2022

New Fortress Energy Inc.'s (NFE) CEO Wes Edens on Q2 2022 Results - Earnings Call Transcript

New Fortress Energy Inc. (NASDAQ:NFE ) Q2 2022 Earnings Conference Call August 4, 2022 8:00 AM ET Company Participants Brett Magill – Managing Direc more_horizontal


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