New Fortress Energy's Recent Contracts Could Enhance The Stock Price [Seeking Alpha]
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: Seeking Alpha
The company has a strong logistics structure and specializes in liquefied natural gas, with processing plants and distribution networks in various locations. New opportunities in Santa Catarina, Brazil, and new contracts may lead to significant net sales growth and further expansion of the company. New Fortress Energy Inc. ( NASDAQ: NFE ) recently received a significant amount of cash thanks to plants built in Puerto Rico in 2023 . Besides, management announced that there are new opportunities in Santa Catarina, Brazil, and recently signed new contracts, which may lead to 2028 adjusted EBITDA of about $1 billion. I also believe that successful refinancing of the current debt thanks to new notes could enhance the current valuation multiples. There are clear risks coming from the total amount of debt, changes in the environmental regulation, tariffs, and changes in the price of energy. With that, I think that NFE does trade a bit undervalued. New Fortress Energy New Fortress En
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
- NFE Announces First LNG in Days and First Cargo in July [Yahoo! Finance]Yahoo! Finance
- NFE Announces First LNG in Days and First Cargo in JulyBusiness Wire
- Mitsubishi Power Supplying Turbines for 1.6-GW Gas-Fired Plant in Brazil [Yahoo! Finance]Yahoo! Finance
- 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
NFE
Earnings
- 5/8/24 - Beat
NFE
Sec Filings
- 6/14/24 - Form 8-K
- 5/16/24 - Form 4
- 5/9/24 - Form 10-Q
- NFE's page on the SEC website