New Fortress Energy LLC (OQ:NFE)

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 Inc., formerly 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. 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 2020, New Fortress Energy LLC revenues increased from $69.7M to $169.1M. Net loss increased from $19.7M to $145.7M. Revenues reflect Operating revenue increase from $57.9M to $139.7M, Other revenue increase from $11.8M to $29.4M. Higher net loss reflects Depreciation and amortization increase from $3.8M to $12.9M (expense), Interest Expense increase of 81% to $17.2M (expense), Other expense (income).
Employees: 201 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $4,972M as of Jun 30, 2020
Annual revenue (TTM): $288.50M as of Jun 30, 2020
EBITDA (TTM): -$10.14M as of Jun 30, 2020
Net annual income (TTM): -$159.79M as of Jun 30, 2020
Free cash flow (TTM): -$462.64M as of Jun 30, 2020
Net Debt Last Fiscal Year: $782.92M as of Jun 30, 2020
Shares outstanding: 312,929,918 as of Jun 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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