Puerto Rico has temporarily shut down 10 of the 14 power plants it used to meet peak demand at the height of summer after New Fortress Energy withheld its latest shipment of liquified natural gas (LNG ...

The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial ...

Earlier today, El Nuevo Día published a report stating that New Fortress is on track to secure a 15-year contract to provide liquefied natural gas (LNG) to multiple power plants in Puerto Rico.

New Fortress Energy is no longer discussing terms for a potential energy deal with Puerto Rico. The deal was said to be worth ...

New Fortress Energy (NASDAQ:NFE) -7.8% in Wednesday's trading after Bloomberg reported that Puerto Rico has ended attempts to ...

New Fortress Energy could have made it big in the high-potential LNG space. Investors in New Fortress Energy (NASDAQ: NFE) ...

Excelerate Energy (NYSE:EE) +15.1% post-market Tuesday after raising guidance for full-year adjusted EBITDA to reflect the ...

Performance of New Fortress Energy Shares Shares of New Fortress Energy were trading at $6.86 as of May 12. Over the last 52-week period, shares are down 73.16%.

New Fortress Energy recently surprised investors out there not only with better EPS than expected, but also building plants in Puerto Rico in 2023 and selling them recently for $373 million in cash.

Recent Results New Fortress Energy recorded quarterly revenue of $223.8 million, showing an increase of $78.1 million since the first quarter of 2021.