4.02
-10.47%
Close of 9 Nov 2026, in USD
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About New Fortress Energy
From its filings with the US Securities and Exchange Commission
New Fortress Energy is based in New York, New York and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker NFE. The SEC classifies its business as natural gas distribution. In the fiscal year to 31 December 2025, it reported revenue of $1.50bn and a net loss of $1.83bn. At that date it held total assets of $10.56bn and shareholders' equity of $182.6m.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 31 Jan 2019
- Employees
- 596
- Website
- newfortressenergy.com ↗
- Head office
- 111 W. 19TH STREET, NEW YORK, NY, 10011
- Incorporated in
- DE
- Classification
- Natural Gas Distribution
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Wesley EdensChairman of the Board, Chief Executive Officer, Founder, since 2018
- Mr. Christopher GuintaChief Financial Officer$11.7m
- Mr. Randal NardoneDirector$100,000
- Mr. Desmond CatterallIndependent Director$100,000
- Mr. David GrainIndependent Director$100,000
- Mr. C. William GriffinIndependent Director$100,000
- Mr. Timothy JayIndependent Director$100,000
- Mr. Charles SledgeIndependent Director
- Ms. Katherine WannerIndependent Director$100,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 24
- Environment
- 32
- Social
- 18
- Governance
- 22
- Direct emissions (scope 1)
- 947,243 t
- Energy emissions (scope 2)
- 23,363 t
- Value chain emissions (scope 3)
- 4,535,240 t
- Women in the workforce
- 15%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market presence: New Fortress Energy Inc has established itself as a leading player in the energy sector, with a strong market presence in the development, construction, and operation of reliable and cleaner energy infrastructure.
- Diversified project portfolio: The company has a diverse portfolio of natural gas infrastructure projects, including LNG terminals, power plants, transportation, and storage facilities, which provides it with revenue stability and growth opportunities.
- Strategic partnerships: New Fortress Energy Inc has formed strategic partnerships with key industry players, enabling access to resources, expertise, and new markets, further enhancing its competitive advantage in the market.
Weaknesses
- Dependency on natural gas prices: The company's performance is significantly influenced by fluctuations in natural gas prices, which can impact its profitability and financial stability in the short term.
- Regulatory challenges: New Fortress Energy Inc operates in an industry that is subject to various regulations and permits, which can pose challenges in terms of compliance, delays in project approvals, and increased costs.
- Limited geographical diversification: The company's operations are predominantly focused on specific regions, which exposes it to geopolitical risks, market volatility, and potential limitations in long-term growth prospects.
Opportunities
- Increasing global demand for cleaner energy: As the world shifts towards cleaner and sustainable energy sources, New Fortress Energy Inc is well-positioned to capitalize on the growing demand for natural gas, LNG, and renewable energy solutions.
- Infrastructure development initiatives: The government's focus on infrastructure development, particularly in emerging markets, presents opportunities for the company to expand its project portfolio and diversify its revenue streams.
- Innovation and technology advancements: The ongoing advancements in technology and innovation within the energy sector create opportunities for New Fortress Energy Inc to optimize its operations, improve efficiency, and develop new offerings for customers.
Threats
- Intense competition: The energy industry is highly competitive, with numerous established players and new entrants. Increased competition can exert pressure on New Fortress Energy Inc's market share, pricing, and profitability.
- Volatile economic conditions: Fluctuations in global economic conditions, including currency exchange rates and interest rates, can impact the company's financial performance, project financing, and investor sentiment.
- Environmental and sustainability concerns: As the demand for cleaner energy solutions rises, any negative impacts of New Fortress Energy Inc's operations on the environment or sustainability may lead to reputational damage and regulatory restrictions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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