Puerto Rico ceases negotiations on $20bn LNG contract with New Fortress Energy
The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial deadline.
| Ticker |
NFE
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| CIK | 0001749723 |
| SIC | 4924 |
| Sector | Transportation, Communications, Electric, Gas, And Sanitary Services |
| Industry Category | Utilities |
| Industry Group | Natural Gas Distribution |
| Address | 111 W. 19TH STREET, 8TH FLOOR, NEW YORK, NY, 10011 |
| Website | newfortressenergy.com |
| Phone | (516) 268-7400 |
| CEO | Wesley R. Edens |
| Employees | 670 |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Puerto Rico ceases negotiations on $20bn LNG contract with New Fortress EnergyThe decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial deadline. Here’s Why New Fortress Energy (NFE) Detracted in Q2Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy generated a total return of 15.3% net of fees in the quarter compared to the strategy’s unmanaged benchmark, the S&P 500 Index’s 10.9% return. According to a […] Why This Small-Cap Energy Stock Plunged 78% in the First Half of 2025New Fortress Energy could have made it big in the high-potential LNG space. Investors in New Fortress Energy (NASDAQ: NFE) have been an unfortunate lot, with the stock tanking 78% in just the first six months of 2025, according to data provided by S&P Global Market Intelligence. New Fortress Energy is an energy infrastructure company specializing in liquified natural gas (LNG). Egypt's EGAS Leases Another FSRU from New Fortress EnergyState-owned EGAS contracted a second floating storage and regasification unit from New Fortress Energy for five years. New Fortress Energy signs five-year charter for Energos Winter FSRU with EGASThe Energos Winter is set to operate at EGAS' LNG import terminal in Damietta, Egypt. |