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New Fortress Energy (NFE) has just pushed through a major balance sheet reset, erasing about $5.7b of debt and carving out its Brazilian assets into separate entities held largely by creditors. That reset lands at a time when New Fortress Energy’s share price has been under intense pressure, with the stock down 21.2% over the past 30 days and 76.99% year to date, and the 1-year total shareholder return declining 87.23% as investors reassess both risk and future potential despite the recent...
NEW YORK, September 11, 2026--New Fortress Energy Inc. (NASDAQ: NFE) (together with its direct and indirect subsidiaries, "NFE" or the "Company") is pleased to announce that it has successfully completed its restructuring and recapitalization transaction in relation to the consensual UK Restructuring Plan (the "UK RP") between its subsidiaries and certain of their creditors (the "Plan Creditors"). The UK RP was approved on June 18, 2026 and recognition of the UK RP was confirmed by the United St
NEW YORK, September 10, 2026--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") today announced an update on the previously announced reverse stock split of the Company’s Class A common stock, par value $0.01 per share, at a ratio of 1-for-50 (the "Reverse Stock Split"). The Company expects trading of its Class A common stock to be halted prior to 8:00 p.m. Eastern Time on September 10, 2026. The Company’s Class A common stock is expected to begin trading on a split-adjusted basis on the Na
Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index rising 1.2% an
NEW YORK, September 09, 2026--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") today announced that its Board of Directors has approved a reverse stock split of the Company's Class A common stock, par value $0.01 per share, at a ratio of 1-for-50 (the "Reverse Stock Split"). The Reverse Stock Split is intended to help the Company regain compliance with the minimum bid price requirement for continued listing of its Class A common stock on the Nasdaq Global Select Market.
AppLovin, Array Technologies, and New Fortress Energy stocks fell to annual lows amid company-specific catalysts and Wall Street pessimism.
Alunorte, the Norsk Hydro majority-owned alumina refinery, has reduced production of the key chemical compound used to manufacture aluminium metal by 50% due to the natural gas supply disruption, the Norwegian aluminium and renewable energy company said on Tuesday. "The financial impact of the gas supply disruptions remains uncertain.
Energy stocks were lower late Thursday afternoon, with the NYSE Energy Sector Index falling 1.6% and
NEW YORK, June 18, 2026--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") refers to its previous announcements in relation to the consensual UK Restructuring Plan (the "UK RP") between its subsidiaries, NFE Global Holdings Limited ("NFE Global") and NFE Brazil Newco Limited ("NFE Brazil", together with NFE Global, the "Plan Companies"), and certain of their creditors (the "Plan Creditors").
Most energy companies that file for bankruptcy do so after exhausting every other option, and they tend to do it in a way that leaves shareholders with nothing. New Fortress Energy has chosen a different structure, a different jurisdiction, and a different outcome for its investors than the one ...
The LNG operator is asking a UK court to let creditors vote on plans covering $6.5 billion of debt.
Energy stocks advanced late Thursday afternoon, with the NYSE Energy Sector Index and the State Stre
A number of stocks jumped in the afternoon session after stalled peace talks between the United States and Iran caused a spike in crude oil prices amid ongoing supply disruptions.
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