New Fortress Energy (NFE) Gains from Investment Securities (2021 - 2023)

New Fortress Energy (NFE) posted quarterly Gains from Investment Securities of $5.8 million for Q1 2023, down 23.38% year-over-year from $7.6 million in Q1 2022, and down 5.62% quarter-over-quarter from $6.2 million in Q4 2022.

New Fortress Energy (NFE) Gains from Investment Securities (2021 - 2023) Analysis & Trends

New Fortress Energy (NFE) has reported Gains from Investment Securities for 3 consecutive years, with $5.8 million the latest figure, recorded in Q1 2023.

  • In Q1 2023, Gains from Investment Securities fell 23.38% year-over-year to $5.8 million; the TTM figure through Dec 2023 stood at $5.8 million (down 80.15% YoY), while the FY2023 annual figure was $5.8 million, down 80.15% from the prior year.
  • Gains from Investment Securities retreated to $5.8 million in Q1 2023 per NFE's latest filing, from $6.2 million in the prior quarter.
  • Across five years, Gains from Investment Securities topped out at $8.3 million in Q3 2022 and bottomed at $5.8 million in Q1 2023.
  • Historically, Gains from Investment Securities has averaged $7.1 million across 3 years, with a median of $7.2 million in 2021.
  • Annual changes were most pronounced in 2022 — Gains from Investment Securities climbed 21.29% — and 2023, when it slipped 23.38%.
  • New Fortress Energy's Gains from Investment Securities stood at $7.1 million in 2021, then dropped by 13.07% to $6.2 million in 2022, then declined by 5.62% to $5.8 million in 2023.
  • Business Quant data shows NFE's Gains from Investment Securities at $5.8 million in Q1 2023, $6.2 million in Q4 2022, and $8.3 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn
10 New Fortress Energy 87.25 Mn -412.89 Mn 102.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 5.83 Mn
Mar 31, 2023 5.83 Mn
Dec 31, 2022 6.18 Mn
Dec 31, 2022 6.18 Mn
Sep 30, 2022 8.34 Mn
Sep 30, 2022 8.34 Mn
Jun 30, 2022 7.25 Mn
Jun 30, 2022 7.25 Mn
Mar 31, 2022 7.61 Mn
Mar 31, 2022 7.61 Mn
Dec 31, 2021 7.11 Mn
Dec 31, 2021 7.11 Mn
Sep 30, 2021 6.87 Mn
Sep 30, 2021 6.87 Mn
Jun 30, 2021 7.39 Mn
Jun 30, 2021 7.39 Mn