NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the first quarter of 2023. Summary Highlights Pleased to report record quarterly Adjusted EBITDA(1) of $440 million for Q1 2023 NFE's net income for Q1 2023 was $152 million Adjusted EPS for Q1 2023 was $0.90 per share on a fully diluted basis and $0.71 when including losses on disposal of certain assets On track to achieve our Illustrative Adjusted EBITDA Goal(2) of ~$2.0 billion for 2023 Today we are announcing a 2023 Illustrative Adjusted Net I...
NEW YORK--(BUSINESS WIRE)-- Golar LNG Partners LP, an indirect subsidiary of New Fortress Energy Inc. (NASDAQ: NFE), has declared a cash distribution of $0.546875 per unit of 8.75% Series A Cumulative Redeemable Preferred Units for the period from February 15, 2023 through May 14, 2023. This will be payable on May 15, 2023 to all Series A preferred unitholders of record as of May 8, 2023. About New Fortress Energy Inc. New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, afforda...
NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) plans to announce its financial results for the first quarter 2023 prior to 8:00 A.M. Eastern Time on Thursday, May 4th, 2023. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company’s website, In addition, management will host a conference call on Thursday, May 4th, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 224-1121 (toll-free from within the U.S.) or (from outside of the U.S.) fifteen minutes prior to the sche...
NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the fourth quarter and for the year ended December 31, 2022. Summary Highlights Pleased to report Q4 2022 Adjusted EBITDA(1) of $239 million and ~$1.1 billion for the year ended December 31, 2022 NFE's net income for three months and year ended December 31, 2022 was $66 million and $185 million, respectively Adjusted EPS(1) for Q4 2022 and full year 2022 was $0.87 per share and $2.74 per share, respectively, on a fully diluted basis and $0.30 per share and...
NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (“NFE” or the “Company”) (NASDAQ: NFE) announced that it has reached an agreement with Golar LNG Limited (“Golar”) (Nasdaq: GLNG) for the sale of NFE’s ownership stake in the Hilli in exchange for the return of 4.1 million NFE shares and $100 million in cash. Pursuant to the transaction, GLNG will acquire NFE’s entire interest in the 2.4 MTPA floating liquefaction facility Hilli. The acquisition by NFE of all NFE shares held by Golar reduces the number of NFE shares outstanding to approximately 204.7 million shares. As part of the agreement...
NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) plans to announce its financial results for the fourth quarter and full year 2022 prior to 8:00 A.M. Eastern Time on Tuesday, February 28th, 2023. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company’s website, In addition, management will host a conference call on Tuesday, February 28th, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (888) 204-4368 (toll-free from within the U.S.) or (from outside of the U.S.) fifteen m...
NEW YORK--(BUSINESS WIRE)-- New Fortress Energy (NASDAQ: NFE) announced today that Genera PR LLC (“Genera”), an independently managed subsidiary of NFE, has been selected by the Puerto Rico Public-Private Partnerships Authority (“P3A”) for a 10-year Operation and Maintenance Agreement (the “Agreement”) with the Puerto Rico Electric Power Authority (“PREPA”). Headquartered in San Juan, Puerto Rico, Genera is a power and energy service provider founded by NFE to support Puerto Rico’s transition to clean, affordable and reliable energy. Under the Agreement, Genera will operate, maintain, decommi...
NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today the pricing of the previously announced secondary public offering of 6,900,000 shares of its common stock by Energy Transition Holdings LLC (the “Selling Stockholder”), an entity managed by Great Mountain Partners LLC, at a price to the public of $46.00 per share. The 6,900,000 shares of common stock being sold in this offering represent approximately 3.3% of the Company’s outstanding common stock as of the close of business on December 13, 2022 and represent 21.3% of the shares held by the Selli...
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