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| Date | Value |
|---|---|
| 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 |