Johnson Fistel, PLLP Begins Investigation on Behalf of
Johnson Fistel, PLLP has initiated investigations into potential breaches of fiduciary duty by officers and directors of New Fortress Energy Inc. (NFE), Nutex Health, Inc. (NUTX), Primo Brands Corporation (PRMB), and PubMatic, Inc. (PUBM). The investigations are on behalf of long-term shareholders who held shares continuously prior to specific dates, focusing on corporate governance reforms. Allegations include misleading statements regarding revenue outlooks, operational issues, and undisclosed material adverse facts.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Fortress Energy Inc. - NFE
Pomerantz LLP is investigating potential claims against New Fortress Energy Inc. (NFE) on behalf of investors. This investigation follows a significant drop in the company's stock price after it reported weak first-quarter 2025 financial results, including a net loss of $197.4 million, contrasting sharply with a net income in the prior year. The firm specializes in securities class actions and is urging affected investors to contact them.
New Fortress Energy enters forbearance agreements after missed loan payments
New Fortress Energy Inc. (NASDAQ:NFE) has entered into forbearance agreements with lenders after missing interest payments on two major credit facilities in December. The company failed to make a $30.6 million interest payment on its Term Loan B and a $1.6 million payment on its Term Loan A, leading to events of default. Both agreements prevent lenders from accelerating debt until January 9, 2026, and also restrict the company's financial activities like paying dividends or incurring new debt.
New Fortress Energy enters forbearance agreements after missed loan payments
New Fortress Energy (NASDAQ:NFE) has entered into forbearance agreements with lenders after missing interest payments on two major credit facilities in December. The company missed a $30.6 million interest payment on its Term Loan B and a $1.6 million payment on its Term Loan A, leading to events of default. These agreements, expiring January 9, 2026, prevent lenders from accelerating debt but impose restrictions on the company, including limitations on dividends and new debt.
New Fortress Energy Extends Forbearance Agreement
New Fortress Energy Inc. (NFE) announced an extension of its forbearance agreement with holders of its new senior secured notes due 2029, moving the deadline from December 15, 2025, to January 9, 2026. This extension allows NFE to continue progressing with its restructuring efforts alongside its stakeholders. The company, a global energy infrastructure provider, aims to complete its restructuring during this period.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Fortress Energy Inc. - NFE
Pomerantz LLP is investigating potential claims against New Fortress Energy Inc. (NASDAQ: NFE) on behalf of investors, following a significant drop in its stock price. This investigation comes after the company reported weak first-quarter 2025 financial results, including a substantial decrease in revenue and a net loss compared to the previous year. New Fortress Energy's stock price fell by 62.98% after the announcement.
New Fortress shares climb 10.7% premarket after co receives final approval for gas supply deal with Puerto Rican government
New Fortress Energy Inc. (NFE) shares rose 10.7% in premarket trading after the company secured final approval for a long-term gas supply agreement with the Puerto Rican government. This positive development follows a period where the company faced challenges, including announcing a forbearance agreement and reporting "substantial doubt" about its ability to continue as a going concern, primarily due to high interest costs and debt woes. The deal is a significant step for the energy infrastructure company, which operates natural gas and LNG infrastructure globally.
New Fortress (NFE) Soars 8.9% on Credit Rating Upgrade
New Fortress Energy Inc. (NASDAQ:NFE) saw its share price increase by 8.93% after S&P Global upgraded its credit rating to "CCC-" from "Selective Default (SD)." While this rating still suggests vulnerability, it marks a significant improvement from the previous classification. S&P Global also adjusted its issue-level ratings for the company's senior secured term loan B and 2026 and 2029 notes.
Stock Traders Buy High Volume of New Fortress Energy Call Options (NASDAQ:NFE)
New Fortress Energy (NASDAQ:NFE) experienced a significant surge in call option trading, with 66,582 contracts bought, marking a 361% increase from typical volumes. This activity comes amidst several analyst downgrades, including Zacks Research lowering the stock to a "strong sell" and Johnson Rice cutting its target price to $4.00. The company's stock has shown recent volatility, trading up 14.4% to $1.35, yet remains substantially below its 12-month high of $16.66.
New Fortress Energy Inc. (NFE) Stock Price | Live Quotes & Charts | NASDAQ
This page provides live quotes and charts for New Fortress Energy Inc. (NFE) stock, showing its current price and daily performance. It also includes sections for analyst ratings (currently unavailable), earnings information, and promotional content for trading alerts and tools. The article serves as a financial data portal with market insights.
Why New Fortress Energy Shares Are Trading Higher By 41%; Here Are 20 Stocks Moving Premarket
New Fortress Energy Inc. (NFE) shares surged by 41% in pre-market trading after announcing a long-term gas supply agreement with the Puerto Rican government. This article also lists other stocks that experienced significant pre-market movements, both gains and losses, driven by various company-specific news and analyst actions. Notable gainers include SciSparc Ltd. (SPLC) and Educational Development Corporation (EDUC), while Co-Diagnostics, Inc. (CODX) and FGI Industries Ltd. (FGI) were among the top losers.
Nvidia, Pfizer, New Fortress Energy, Tesla, Alphabet: What Sparked Heavy After-Hours Trading In These 5 Stocks?
This article details the after-hours trading activity of Nvidia, Pfizer, New Fortress Energy, Tesla, and Alphabet. New Fortress Energy saw a significant surge due to a long-term LNG supply contract, while Nvidia's stock was affected by negative news from China. Pfizer, Tesla, and Alphabet also experienced notable trading volumes driven by various company-specific factors and market sentiment.
New Fortress Energy Announces Second Quarter 2025 Results
New Fortress Energy Inc. (NFE) reported a net loss of $557 million and adjusted EBITDA of $(4) million for the second quarter of 2025, including significant non-cash impairments. The company is actively pursuing strategic alternatives, such as asset sales and capital raising, to improve its liquidity and capital structure. NFE also highlighted ongoing negotiations for a long-term gas sale agreement in Puerto Rico, commissioning of its CELBA plant, and optimization of its shipping portfolio through new charters to enhance future operational results.
Pilots Sue New Fortress Energy Over San Juan Bay LNG Safety Concerns
Seven maritime pilots are suing a New Fortress Energy (NFE) subsidiary, NFEnergía, over "serious safety concerns" regarding changes to LNG vessel navigation maneuvers in San Juan Bay. The pilots allege that NFEnergía is forcing them to use "lesser capacity" tugboats to cut costs, despite previous agreements and simulations indicating the need for larger vessels. The lawsuit seeks a temporary restraining order to prevent the removal of the original tugboats and halt the Pilotage Commission's president from issuing orders without full commission participation, highlighting risks to life and property.
New Fortress Energy Faces Nasdaq Compliance Notice
New Fortress Energy Inc. (NFE) received a Nasdaq compliance notice on August 19, 2025, due to a delayed 10-Q filing for Q2 2025. The company has 60 days to submit a compliance plan and up to 180 days to file the report, with a risk of delisting if not resolved. TipRanks' AI Analyst Spark rates NFE as "Neutral" due to financial challenges and the compliance issue.
New Fortress Energy Discloses Notice from Nasdaq
New Fortress Energy Inc. (NFE) announced it received a notice from Nasdaq regarding non-compliance with listing rules, as the company has not yet filed its Form 10-Q for the period ended June 30, 2025. NFE is working to finalize the filing and expects to submit it well before the deadline for a compliance plan. The notice does not immediately impact the trading of NFE's securities, but failure to regain compliance could lead to delisting.
New Fortress Energy Elects Directors at Annual Meeting
New Fortress Energy (NFE) announced the election of three Class III directors to serve until the 2028 Annual Meeting at its 2025 Annual Meeting of Stockholders held on June 18, 2025. Stockholders also ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The company currently has a Hold rating from analysts, with a $15.00 price target, and TipRanks' AI Analyst, Spark, also rates NFE as Neutral due to high debt and negative profitability.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Fortress Energy Inc. - NFE
Pomerantz LLP is investigating potential securities fraud claims against New Fortress Energy Inc. (NASDAQ: NFE) after the company reported weak financial results for the first quarter of 2025. This included a significant drop in revenue and a net loss, leading to a 62.98% decline in its stock price on May 15, 2025. Investors are encouraged to contact Pomerantz LLP for more information regarding a potential class action lawsuit.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Fortress Energy Inc. - NFE
Pomerantz LLP is investigating potential securities fraud claims against New Fortress Energy Inc. (NASDAQ: NFE) following a significant drop in its stock price. This investigation comes after the company reported weak first-quarter 2025 financial results, including a substantial net loss and a decrease in revenue compared to the previous year. Investors who suffered losses are encouraged to contact Pomerantz LLP for more information regarding a potential class action.
New Fortress Energy Discloses Notice from Nasdaq
New Fortress Energy Inc. (NFE) announced it received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) because the company has not yet filed its Form 10-Q for the period ended March 31, 2025. NFE is diligently working to file the Form 10-Q and expects to do so before the 60-day deadline for submitting a compliance plan. The notice does not immediately impact the company's stock listing on Nasdaq.
New Fortress Energy Discloses Notice from Nasdaq
New Fortress Energy Inc. (NFE) announced receipt of a notice from Nasdaq regarding non-compliance with listing rules, specifically for not timely filing its Form 10-Q for Q1 2025. The company is diligently working to file the Form 10-Q and expects it to be consistent with previously released financials. NFE anticipates filing before the 60-day deadline for submitting a compliance plan, and the notice has no immediate impact on its stock listing.
New Fortress completes Jamaica assets sale to Excelerate for $1.05bn
New Fortress Energy has finalized the sale of its Jamaican assets, including an LNG import terminal and a power plant, to Excelerate Energy for $1.05 billion. This transaction aims to streamline New Fortress Energy's operations and reduce corporate debt, while bolstering Excelerate Energy's regional presence and downstream expansion strategy. Excelerate financed the acquisition through a combination of equity and debt offerings, and the deal is expected to enhance its financial outlook with stable, long-term cash flows.
New Fortress Energy Charters FSRU for Dominican Republic LNG Terminal
New Fortress Energy (NFE) has secured a three-year charter agreement for the Energos Freeze FSRU with Energía 2000 in the Dominican Republic. This 125,000 m3 FSRU will be deployed to the LNG import terminal at Pepillo Salcedo (Manzanillo) and is expected to commence operations in September 2025. The FSRU will provide crucial LNG regasification services, supporting power generation and industrial energy demands in the Caribbean region.
New Fortress Energy Executes 3-Year Charter for the Energos Freeze
New Fortress Energy's subsidiary has secured a three-year charter agreement for the Energos Freeze, a Floating Storage and Regasification Unit (FSRU), with Energía 2000 S.A. in the Dominican Republic. This FSRU will be deployed to Energía 2000 S.A.’s LNG import terminal at Pepillo Salcedo and is scheduled to begin operations in September 2025, providing critical LNG regasification services for power generation and industrial energy demand. This move highlights New Fortress Energy's commitment to expanding energy access in the Caribbean.
New Fortress Energy CEO Wesley Edens acquires $907,000 in stock
New Fortress Energy CEO Wesley Edens has acquired 100,000 shares of the company's Class A common stock for approximately $907,000. This purchase, made on March 12, 2025, comes despite a significant stock decline and reflects Edens' continued investment, with analysts forecasting profitability for NFE in 2025. The company recently reported strong Q4 2024 earnings, secured a $1.27 billion credit agreement, and is advancing the sale of its Jamaican assets.
Investigation Alert: Nano Nuclear Energy, New Fortress Energy, Domino’s Pizza and GitLab Inc - Johnson Fistel, LLP Encourages Long-Term Investors to Reach Out for More Information
Johnson Fistel, LLP is investigating potential violations of federal and state laws by officers of Nano Nuclear Energy, New Fortress Energy, Domino’s Pizza, and GitLab Inc. The investigations stem from recent class action lawsuits alleging misleading statements and failures to disclose material facts to investors. Long-term shareholders of these companies are encouraged to contact Johnson Fistel, LLP for more information regarding these potential claims.
Class Action Filed Against New Fortress Energy Inc. (NFE) Seeking Recovery for Investors - Contact Levi & Korsinsky
Levi & Korsinsky, LLP has filed a class action securities lawsuit against New Fortress Energy Inc. (NFE) on behalf of investors who suffered losses due to alleged securities fraud between December 12, 2022, and August 8, 2024. The lawsuit claims that New Fortress created a false impression of reliable growth projections for its Fast LNG projects, which failed to meet public statements, causing delays and significant financial losses. Investors have until November 18, 2024, to request to be appointed as lead plaintiff.
Investors take US FLNG operator to court over ‘artificially inflated’ stock prices
New Fortress Energy (NFE) is facing a federal securities class action lawsuit from investors who claim the company's stock prices were "artificially inflated." The lawsuit alleges that NFE concealed material adverse facts regarding its Fast LNG projects in Mexico, leading to a significant drop in stock prices after delayed project timelines and lower-than-expected financial results were disclosed. Investors are seeking damages and have until November 18, 2024, to apply to the court as lead plaintiff.
Class Action Filed Against New Fortress Energy Inc. (NFE) Seeking Recovery for Investors – Contact The Gross Law Firm
The Gross Law Firm has filed a class action lawsuit against New Fortress Energy Inc. (NFE) on behalf of investors who purchased shares between February 29, 2024, and August 8, 2024. The lawsuit alleges that NFE created a false impression of reliable revenue outlook and growth while minimizing risks associated with its Fast Liquefied Natural Gas (LNG) projects. Investors are encouraged to contact the firm by November 18, 2024, to potentially be appointed as lead plaintiff.
NFE INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that New Fortress Energy Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against New Fortress Energy Inc. (NASDAQ:NFE) on behalf of investors who purchased securities between February 29, 2024, and August 8, 2024. The lawsuit alleges that New Fortress made misleading statements regarding its projected revenue, growth, and the operational status of its Fast LNG (FLNG) projects, specifically the FLNG 1 project. Following the announcement of disappointing Q2 2024 financial results, the company's stock price fell over 23%.
New Fortress Energy Announces Completion of $400 Million Offering of Class A Common Stock
Vinson & Elkins LLP advised Morgan Stanley & Co. LLC in connection with an underwritten public offering of 46,349,942 shares of Class A common stock by New Fortress Energy Inc. The offering, priced at $8.63 per share, successfully closed on October 2, 2024, raising $400 million for New Fortress Energy.
New Fortress Energy Announces ~$3 Billion of Comprehensive Debt and Equity Transactions
New Fortress Energy Inc. announced approximately $3 billion in comprehensive debt and equity transactions, including a $400 million public offering of Class A common stock and the issuance of around $2.6 billion in new senior secured notes due 2029. These transactions are expected to extend the company's debt maturities and provide $725 million in new capital for capital initiatives and achieving positive free cash flow in 2025. Additionally, the company completed its first cargo and sail away from its initial Fast LNG asset offshore Altamira, Mexico, signaling a significant operational milestone.
New Fortress Energy Takes Delivery of Energos Celsius FSRU
Seatrium has delivered the floating storage and regasification unit (FSRU) Energos Celsius to New Fortress Energy (NFE), which will be deployed at NFE’s LNG terminal in Barcarena, Brazil. The FSRU has a nominal regasification capacity of 750 million standard cubic feet per day (mmscfd) and is a critical component of NFE's LNG terminal development, supporting projects like a gas contract for Norsk Hydro and a 630 MW gas-to-power project. This facility marks the first LNG import terminal in Brazil's state of Pará and the Northern region.
New Fortress Energy: An Ambitious Business Model Faces Some Growing Pains
Morningstar has initiated coverage on New Fortress Energy (NFE) with a fair value estimate of $30 per share and a no-moat rating, noting that shares are currently fairly valued but volatile. The company's integrated "LNG-to-power" model, which involves Fast LNG terminals and power generation facilities, aims for high returns on invested capital. However, Morningstar expresses concerns about the durability of its low-cost gas supply, the security of power prices in contracts, and protection during weak markets, leading to the no-moat assessment.
Fluor Awarded Contract for New Fortress Energy Fast Liquefied Natural Gas (LNG) Project
Fluor Corporation announced it was awarded a full notice-to-proceed (FNTP) contract by New Fortress Energy Inc. for the NFE Fast LNG 2 project. This project involves the engineering, procurement, and fabrication management of a 1.4 million tonnes per annum LNG gas treating and liquefaction plant to be placed on fixed offshore platforms. This marks the second offshore modular mid-scale LNG plant contract Fluor has received from NFE this year, with the first being the Fast LNG 1 project.
New Fortress Energy to Deploy 'Fast LNG' to Develop Mauritania's Offshore Gas Reserves
New Fortress Energy (NFE) has signed an MOU with Mauritania to develop an Energy Hub utilizing offshore gas reserves. NFE plans to deploy its "Fast LNG" liquefaction technology to produce LNG for local power markets and international exports, as well as blue ammonia. This initiative aims to accelerate the global transition to cleaner fuels and support Mauritania's industrial development and economic growth.
5 Coolest Offices in NYC 2019
Crain's New York Business announced its "Coolest Offices in New York" for 2019, highlighting 15 winners and finalists across five categories: new construction, retrofit, amenities, decor, and collaborative space. The article details unique features and designs of each selected office, ranging from Campari Group's experiential Midtown West headquarters to Booking.com's city-themed decor. These offices showcase modern trends, wellness initiatives, and innovative workspaces built for the future.
