New Fortress Energy Stock Price, News & Analysis

New Fortress Energy (NASDAQ: NFE) received final approval from the Financial Oversight and Management Board for Puerto Rico for a 7-year Gas Supply Agreement to deliver approximately 75 TBtu of natural gas to Puerto Rico.

The agreement secures long-term deliveries aimed at supporting the island’s energy transformation by providing lower-emission fuel to enhance grid stability and support cleaner power generation across Puerto Rico’s energy system. The contract builds on NFE’s existing presence on the island and reflects a multi-year commitment to improving energy resilience.

New Fortress Energy (NASDAQ: NFE) announced on November 18, 2025 that it signed a forbearance agreement with representatives of holders of its new senior secured notes due 2029. Interest payments due November 17, 2025 have been effectively extended to December 15, 2025. During the forbearance period, the company expects to continue working constructively with its stakeholders.

New Fortress Energy (NASDAQ: NFE) announced first fire at the 624 MW CELBA 2 power plant in northern Brazil, starting hot commissioning toward commercial operations. COD is expected later in 2025. CELBA 2 will feed power through NFE’s integrated gas and power infrastructure in Barcarena.

The company said its Barcarena terminal has 2.2 GW of power under development, including the 624 MW CELBA 2 and the 1.6 GW PortoCem plant. PortoCem is reported as fully financed, ~75% complete, and expected to begin operations by August 2026. NFE noted it is positioned to participate in Brazil’s power auctions in March 2026.

New Fortress Energy (NASDAQ: NFE) has secured a significant 7-year gas supply agreement with Puerto Rico's government authorities. The contract, pending approval from the Financial Oversight and Management Board, will supply up to 75 TBtu of natural gas annually with minimum take-or-pay volumes of 40-50 TBtu.

The pricing structure includes 115% of Henry Hub plus $7.95/MMBtu for most volumes, with a special rate for San Juan 5 & 6 units at 115% of Henry Hub plus $6.50/MMBtu. The LNG will be sourced from NFE's 1.4 MTPA Fast LNG facility in Altamira, Mexico, which is currently operating above nameplate capacity.

This agreement aims to help Puerto Rico transition from expensive liquid fuels to cleaner natural gas, potentially generating significant savings for ratepayers while providing NFE with stable long-term margins.

New Fortress Energy (NASDAQ: NFE) reported challenging Q2 2025 financial results, with a net loss of $557 million and Adjusted EBITDA of -$4 million. The quarter was marked by significant non-cash impairments totaling $699 million, partially offset by a $473 million gain from the sale of Jamaican operations.

The company faces liquidity challenges and has initiated a strategic review process, retaining Houlihan Lokey and Skadden Arps as advisors. NFE is exploring options including asset sales, capital raising, and debt restructuring. Despite current challenges, positive developments include the commissioning of the 624 MW CELBA plant, new shipping charters with EGAS and Energia 2000, and over 70% completion of the PortoCem power plant in Brazil.

New Fortress Energy (Nasdaq: NFE) has received a notice from Nasdaq's Listing Qualifications Department regarding non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Q2 2025 Form 10-Q.

The company has 60 calendar days to submit a compliance plan to Nasdaq. If accepted, NFE could receive up to 180 days (until February 16, 2026) to file the Form 10-Q. While the notice doesn't immediately affect NFE's Nasdaq listing, failure to regain compliance could result in delisting of the company's Class A common stock.

New Fortress Energy (NASDAQ: NFE) has secured a 5-year agreement with the Egyptian Natural Gas Holding Company (EGAS) for the deployment of the Energos Winter, a 138,250 m3 floating storage and regasification unit (FSRU). The vessel will operate at EGAS' LNG import terminal in Damietta, Egypt.

This marks NFE's second FSRU deployment in Egypt, joining the Energos Eskimo as early as August 2025. The agreement strengthens NFE's presence in Egypt and supports their mission of providing reliable and cost-effective energy globally while enhancing Egypt's natural gas supply security.

New Fortress Energy (NFE) has received a notice from Nasdaq's Listing Qualifications Department for non-compliance with Listing Rule 5250(c)(1) due to failing to file its Form 10-Q for Q1 2025. The company has 60 calendar days to submit a compliance plan to Nasdaq and expects to file the delayed 10-Q before the plan is due. NFE anticipates the Form 10-Q will align with previously released Q1 2025 financial statements from May 14, 2025.

If Nasdaq accepts the compliance plan, NFE could receive up to 180 calendar days (until November 11, 2025) to file the Form 10-Q. While the notice doesn't immediately affect NFE's Nasdaq listing or trading, failure to regain compliance could result in delisting of the company's Class A common stock.

New Fortress Energy (NFE) has completed the sale of its Jamaican assets and operations to Excelerate Energy for $1.055 billion. The transaction includes the LNG import terminal in Montego Bay, offshore floating storage and regasification terminal in Old Harbour, and 150 MW Combined Heat and Power Plant in Clarendon. The proceeds will be used to reduce corporate debt, with $270 million allocated to pay down their Revolving Credit Facility and $55 million for Term Loan A facility. For Q1 2025, NFE reported challenging financial results with an Adjusted EBITDA of $82 million and a net loss of $197 million, resulting in an EPS of $(0.73). The company's total cash balance stands at $827 million, with $448 million unrestricted. NFE's development projects in Brazil show progress, with the 624 MW CELBA plant ~95% complete and PortoCem power plant over 50% complete, both expected to contribute to earnings growth.