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 three months ended 31 March 2019, New Fortress Energy LLC revenues increased 17% to $30M. Net loss increased 24% to $13.6M. Revenues reflect Operating revenue increase of 17% to $26.1M, Other revenue increase of 11% to $3.8M. Higher net loss reflects Selling, general and administrative increase from $11.9M to $49.7M (expense), Operations and maintenance increase from $1.8M to $4.5M (expense).
Employees: 140 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,219M as of Mar 31, 2019
Annual revenue (TTM): $116.54M as of Mar 31, 2019
EBITDA (TTM): -$103.33M as of Mar 31, 2019
Net annual income (TTM): -$80.72M as of Mar 31, 2019
Free cash flow (TTM): -$382.53M as of Mar 31, 2019
Net Debt Last Fiscal Year: $128.88M as of Mar 31, 2019
Shares outstanding: 314,954,920 as of May 9, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization