New Fortress Energy (NFE) Equity Income (2021 - 2023)
New Fortress Energy's (NFE) quarterly Equity Income came in at -$2.8 million in Q4 2023, up 97.65% year-on-year from -$1.4 million in Q4 2022, and down 665.64% sequentially from $489000.0 in Q3 2023.
New Fortress Energy (NFE) Equity Income (2021 - 2023) Analysis & Trends
New Fortress Energy's Equity Income history runs 3 years deep, the most recent figure standing at -$2.8 million for Q4 2023.
- In Q4 2023, Equity Income rose 97.65% year-over-year to -$2.8 million; the TTM figure through Sep 2024 stood at -$2.8 million (up 97.37% YoY), while the FY2023 annual figure was $10.0 million, up 102.11% from the prior year.
- Equity Income came in at -$2.8 million for Q4 2023 at New Fortress Energy, down from $489000.0 in the prior quarter.
- Over five years, Equity Income peaked at $50.2 million in Q1 2022 and troughed at -$372.9 million in Q2 2022.
- The 3-year median for Equity Income is -$2.8 million (2023), against an average of -$40.7 million.
- The widest annual swing landed in 2022, when Equity Income tumbled 1283.36%; it then surged 101.54% in 2023.
- A 3-year view of Equity Income shows it stood at -$8.5 million in 2021, then plunged by 1283.36% to -$117.8 million in 2022, then surged by 97.65% to -$2.8 million in 2023.
- Per Business Quant data, the three most recent Equity Income figures were -$2.8 million in Q4 2023, $489000.0 in Q3 2023, and $2.3 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 394.50 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 254.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 76.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 110.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 8.60 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 182.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 89.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2.77 Mn |
| Sep 30, 2023 | 489,000.00 |
| Jun 30, 2023 | 2.27 Mn |
| Mar 31, 2023 | 9.98 Mn |
| Dec 31, 2022 | -117.79 Mn |
| Sep 30, 2022 | -31.73 Mn |
| Jun 30, 2022 | -372.93 Mn |
| Mar 31, 2022 | 50.24 Mn |
| Dec 31, 2021 | -8.52 Mn |
| Sep 30, 2021 | -15.98 Mn |
| Jun 30, 2021 | 38.94 Mn |