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 six months ended 30 June 2019, New Fortress Energy LLC revenues increased 33% to $69.7M. Net loss decreased 34% to $19.7M. Revenues reflect Operating revenue increase of 29% to $57.9M, Other revenue increase of 56% to $11.8M. Lower net loss reflects Other (income), net increase from $167K to $1.7M (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.18 to -$1.24.
Employees: 140 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,464M as of Jun 30, 2019
Annual revenue (TTM): $129.51M as of Jun 30, 2019
EBITDA (TTM): -$128.81M as of Jun 30, 2019
Net annual income (TTM): -$68.08M as of Jun 30, 2019
Free cash flow (TTM): -$494.63M as of Jun 30, 2019
Net Debt Last Fiscal Year: $290.22M as of Jun 30, 2019
Shares outstanding: 314,990,634 as of Aug 8, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization