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
DateValue
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