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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
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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
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