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 Street
Tel: N/A
Website: N/A
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 nine months ended 30 September 2018, New Fortress Energy LLC revenues increased 12% to $80.9M. Net loss increased from $19.4M to $43.3M. Revenues reflect Operating revenue increase of 15% to $69.5M, Other revenue remaining flat at $11.4M. Higher net loss reflects Selling, general and administrative increase of 93% to $40.8M (expense), Interest Expense increase of 32% to $6.4M (expense).
Employees: 147 as of Sep 30, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,412M as of Sep 30, 2018
Annual revenue (TTM): $106.18M as of Sep 30, 2018
EBITDA (TTM): -$44.05M as of Sep 30, 2018
Net annual income (TTM): -$55.62M as of Sep 30, 2018
Free cash flow (TTM): -$201.11M as of Sep 30, 2018
Net Debt Last Fiscal Year: $70.07M as of Sep 30, 2018
Shares outstanding: 314,117,648 as of Jan 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization