NFE | TexAgs

Shoalcatter22

Joined: Jan 12, 2024

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Is anyone following New Fortress Energy? Down 62% today? Any thoughts on this? I don't know if I'm done for, or keep buying? Only single stock I own. Please advise.

South Platte

Joined: Feb 16, 2010

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In reply to Shoalcatter22 • 8:50a, 5/16/25

Shoalcatter22 said:
Is anyone following New Fortress Energy? Down 62% today? Any thoughts on this? I don't know if I'm done for, or keep buying? Only single stock I own. Please advise.

I'd advise you to sell that POS.

Señor Chang

Joined: Jul 22, 2005

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10:19a, 5/16/25

AG

Expected earnings ($0.05) per share
Reported earnings ($0.73) per share

10Q is being submitted late (never a good sign)

~$9.5 billion in debt on B/S

insulator_king

Joined: Oct 22, 2004

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8:25a, 5/17/25

AG

Not looking good.

And when I read this kind of stuff on their press release;

"About New Fortress Energy Inc.

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world's transition to reliable, affordable, and clean energy. "