New Fortress Energy (NFE) Equity Income (2021 - 2023)
New Fortress Energy (NFE) reported Equity Income of -$2.8 million for Q4 2023, up 97.65% year-over-year from -$1.4 million in Q4 2022, and down 665.64% quarter-over-quarter from $489000.0 in Q3 2023.
New Fortress Energy (NFE) Equity Income (2021 - 2023) Analysis & Trends
New Fortress Energy (NFE) has 3 years of Equity Income data on file, last reported at -$2.8 million in Q4 2023.
- Equity Income for Q4 2023 came in at -$2.8 million, up 97.65% year-over-year; the trailing twelve-month figure through Sep 2024 was -$2.8 million (up 97.37% YoY), and the FY2023 annual result was $10.0 million, up 102.11% from the prior year.
- Equity Income declined to -$2.8 million in Q4 2023 per NFE's latest filing, 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.
- A 3-year average of -$40.7 million and a median of -$2.8 million in 2023 frame the typical range for Equity Income.
- The sharpest annual moves came in 2022 and 2023: Equity Income slumped 1283.36% in 2022, then jumped 101.54% in 2023.
- A 3-year view of Equity Income shows it stood at -$8.5 million in 2021, then tumbled by 1283.36% to -$117.8 million in 2022, then jumped by 97.65% to -$2.8 million in 2023.
- Business Quant data shows NFE's Equity Income at -$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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | 394.50 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 76.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 254.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 110.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 182.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 8.60 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 89.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 210.82 Mn |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 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 |