Earnings summaries and quarterly performance for New Fortress Energy.
Executive leadership at New Fortress Energy.
Board of directors at New Fortress Energy.
Research analysts who have asked questions during New Fortress Energy earnings calls.
Craig Shere
Tuohy Brothers
4 questions for NFE
Also covers: AMRC, CLNE, CQP +9 more
Christopher Robertson
Deutsche Bank AG
3 questions for NFE
Also covers: EE, GLNG, GNK +4 more
Wade Suki
Capital One Financial
3 questions for NFE
Also covers: AM, ARIS, EE +5 more
BN
Benjamin Nolan
Stifel
2 questions for NFE
Also covers: ASC, CDLR, CMRE +17 more
GL
Gregory Lewis
BTIG, LLC
2 questions for NFE
Also covers: BLBD, BTDR, CIFR +26 more
TH
Tarek Hamid
JPMorgan Chase & Co.
2 questions for NFE
Also covers: CRGY, TALO
FG
Frank Galanti
Stifel
1 question for NFE
Also covers: ATSG, INSW, NVGS +1 more
Martin Malloy
Johnson Rice
1 question for NFE
Also covers: BE, BLDP, EOSE +6 more
SE
Sherif Elmaghrabi
BTIG
1 question for NFE
Also covers: BE, DHT, FIP +12 more
Recent press releases and 8-K filings for NFE.
New Fortress Energy Inc. Enters Forbearance Agreements Following Debt Defaults
NFE
Debt Issuance
Legal Proceedings
Profit Warning
- New Fortress Energy Inc. defaulted on interest payments of approximately $30,644,000 for its Term Loan B and $1,600,000 for its Term Loan A, both due on December 10, 2025, with grace periods expiring on December 17, 2025.
- The company also informed lenders it does not plan to make certain principal payments due on December 31, 2025.
- On December 17, 2025, New Fortress Energy Inc. entered into Term Loan B and Term Loan A Forbearance Agreements with certain lenders, which are set to terminate on January 9, 2026, unless earlier.
- If a further forbearance or debt restructuring is not agreed upon by January 9, 2026, lenders could accelerate the outstanding principal and other amounts, potentially making substantially all of the company's other outstanding debt payable on demand.
- Amendments to the Letter of Credit Facility, Revolving Credit Facility, and Term Loan A Credit Facility on December 17, 2025, remove certain flexibility for the company regarding dividends, distributions, incurring new debt, asset sales, and investments, and could trigger further defaults if the forbearance agreements are not maintained.
Dec 19, 2025, 9:33 PM
New Fortress Energy Extends Forbearance Agreement
NFE
- New Fortress Energy Inc. (NFE) has extended its forbearance agreement with representatives of the holders of its new senior secured notes due 2029.
- The forbearance period, which was originally set to expire on December 15, 2025, has been extended to January 9, 2026.
- During this extended period, NFE expects to continue to advance the completion of its restructuring with company stakeholders.
Dec 17, 2025, 2:00 PM
New Fortress Energy Secures Seven-Year Gas Supply Agreement in Puerto Rico
NFE
New Projects/Investments
- New Fortress Energy (NFE) has secured final approval for a seven-year Gas Supply Agreement in Puerto Rico, committing to deliver approximately 75 TBtu of natural gas to enhance grid stability and enable cleaner power generation.
- The pricing for the volumes supplied under the agreement is set at a blend of 115% of Henry Hub plus $7.95/MMBtu, excluding natural gas supplied to the units at San Juan 5 & 6.
- Despite this operational milestone, NFE faces financial challenges characterized by high debt and negative profitability metrics, which have led to cautious market sentiment.
Dec 5, 2025, 2:13 AM
New Fortress Energy Faces Bankruptcy Risk After Q3 Loss
NFE
Profit Warning
Legal Proceedings
Guidance Update
- New Fortress Energy is in severe financial distress, with shares plunging over 20% and management expressing "substantial doubt" about its ability to continue operating, potentially leading to bankruptcy protection in the U.S. or a court-supervised restructuring in the U.K..
- The company reported a $293.4 million net loss in Q3, a significant decline from a profit in the prior year, and its quarterly interest expenses tripled to over $210 million.
- It holds $8 billion in liabilities against only $1.3 billion in assets and secured a forbearance agreement on November 21 to delay interest payments on its 2029 senior-secured notes until December 15.
- Its non-investment-grade credit rating has hindered securing long-term LNG supply deals, increasing reliance on higher-priced spot gas and worsening its liquidity crisis.
Nov 21, 2025, 7:40 PM
ConocoPhillips announces third-quarter 2025 results; increases quarterly ordinary dividend by 8% and announces preliminary 2026 guidance
NFE
Earnings
Dividends
Guidance Update
- ConocoPhillips reported third-quarter 2025 earnings per share of $1.38 and adjusted earnings per share of $1.61.
- The company increased its quarterly ordinary dividend by 8% to $0.84 per share, payable December 1, 2025.
- Full-year 2025 production guidance was raised to 2.375 MMBOED, and operating cost guidance was further reduced to $10.6 billion.
- Preliminary 2026 guidance includes $12 billion in capital expenditures, $10.2 billion in adjusted operating costs, and 0 to 2% underlying production growth.
- The company updated Willow project capital guidance to $8.5 to $9.0 billion and reduced total LNG project capital guidance to $3.4 billion.
Nov 6, 2025, 12:00 PM
New Fortress Energy Achieves First Fire at CELBA 2 Power Plant
NFE
New Projects/Investments
- New Fortress Energy (NFE) has achieved first fire at its 624 MW CELBA 2 Power Plant in northern Brazil, marking a significant operational milestone towards commercial operations expected later this year.
- The CELBA 2 plant is part of NFE's broader 2.2 GW power development in Barcarena, which also includes the 1.6 GW PortoCem Power Plant.
- Construction of the PortoCem Power Plant is approximately 75% complete, it is fully financed, and operations are anticipated to begin by August 2026.
Oct 6, 2025, 11:30 AM
New Fortress Energy Inc. Receives Nasdaq Non-Compliance Notice
NFE
Delisting/Listing Issues
- New Fortress Energy Inc. (NFE) received a notice from Nasdaq on August 19, 2025, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the failure to timely file its Form 10-Q for the period ended June 30, 2025.
- The company has 60 calendar days from the notice date to submit a plan to regain compliance; if accepted, Nasdaq may grant an extension until February 16, 2026, to file the Form 10-Q.
- The notice has no immediate impact on the listing or trading of NFE's securities, but failure to timely regain compliance could result in delisting from Nasdaq.
Aug 22, 2025, 12:00 AM
Golar LNG Limited announces Q2 2025 results and strategic developments
NFE
Earnings
New Projects/Investments
Debt Issuance
- Golar LNG Limited reported Q2 2025 net income attributable to Golar of $16 million, Adjusted EBITDA of $49 million, and Total Golar Cash of $891 million as of June 30, 2025.
- The company added $13.7 billion in Adjusted EBITDA backlog, including a $5.7 billion 20-year charter for FLNG Hilli and an $8 billion 20-year charter for the MKII FLNG, both with Southern Energy S.A. (SESA).
- FLNG Gimi reached its Commercial Operations Date (COD) in June 2025, marking the commencement of its 20-year lease term with BP.
- Golar closed an offering of $575 million convertible senior notes due 2030 and repurchased 2.5 million common shares for $103 million. A Q2 2025 dividend of $0.25 per share was also declared.
Aug 14, 2025, 9:37 AM
New Fortress Energy secures 5-year charter for FSRU in Egypt
NFE
New Projects/Investments
- New Fortress Energy Inc. (NFE) has executed a 5-year agreement for the deployment of the Energos Winter, a 138,250 m3 floating storage and regasification unit (FSRU).
- The agreement is with the Egyptian Natural Gas Holding Company (EGAS), and the FSRU will operate at EGAS’ LNG import terminal in Damietta, Egypt.
- This marks NFE's second FSRU stationed in Egypt, with the Energos Winter joining the Energos Eskimo as early as August of this year.
- The FSRU will provide regasification services, contributing to the security of natural gas supply for Egypt.
Jul 15, 2025, 8:15 PM
New Fortress Energy's Puerto Rico Gas Deal Halted
NFE
New Projects/Investments
Legal Proceedings
- The Puerto Rico Financial Oversight and Management Board has halted New Fortress Energy's proposed $20 billion, 15-year natural gas supply contract due to concerns over potential monopoly control and the absence of a competitive bidding process.
- This decision caused New Fortress Energy’s stock to drop more than 7%.
- Despite the setback, brokerage firms maintain an overall 'Outperform' rating on New Fortress Energy.
- Analysts' one-year price targets for New Fortress Energy range from $2.00 to $8.50, with an average target price of $5.79, suggesting significant upside potential. GuruFocus estimates a GF Value of $25.80 for the company within the next year.
- The board has indicated that the deal could still be approved if it receives sufficient information and cooperation from the involved parties.
Jul 10, 2025, 5:44 PM
Quarterly earnings call transcripts for New Fortress Energy.
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