New Fortress Energy LLC (OQ:NFE)

Business Focus: Natural Gas Distribution

Sector:  Utilities Industry:  Natural Gas Utilities
See Regulatory Filings on SEC
Company Contact
Address: 111 W 19th St
NEW YORK NY 10011-4115
Tel: N/A
IR: See website
Key People
Business Overview
New Fortress Energy LLC is an integrated gas-to-power company. It is a global energy infrastructure company founded to convert existing power plants and build new gas-fired facilities, including cogeneration assets, to provide cleaner reliable energy solutions. The company funds, builds and operates natural gas infrastructure and logistics to deliver fast-track, turnkey energy solutions that enable economic growth, environmental stewardship and transform local industries and communities. It has established, integrated logistics chain that enables to deliver natural gas reliably to customers of all sizes.
Financial Overview
For the fiscal year ended 31 December 2018, New Fortress Energy LLC revenues increased 15% to $112.3M. Net loss increased from $31.7M to $78.1M. Revenues reflect Operating revenue increase of 18% to $96.9M, Other revenue increase of 2% to $15.4M. Higher net loss reflects Selling, general and administrative increase of 86% to $62.1M (expense), Loss on extinguishment of debt increase from $0K to $9.6M (expense).
Employees: 140 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,214M as of Dec 31, 2018
Annual revenue (TTM): $112.30M as of Dec 31, 2018
EBITDA (TTM): -$54.45M as of Dec 31, 2018
Net annual income (TTM): -$78.08M as of Dec 31, 2018
Free cash flow (TTM): -$274.38M as of Dec 31, 2018
Net Debt Last Fiscal Year: $193.89M as of Dec 31, 2018
Shares outstanding: 314,954,920 as of Mar 20, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization