New Fortress Energy (NFE) Long-Term Investments (2018 - 2023)
New Fortress Energy's (NFE) quarterly Long-Term Investments came in at $137.8 million in Q4 2023, down 64.88% year-on-year from $392.3 million in Q4 2022, and down 0.91% sequentially from $139.1 million in Q3 2023.
New Fortress Energy (NFE) Long-Term Investments (2018 - 2023) Analysis & Trends
New Fortress Energy's Long-Term Investments history runs 6 years deep, the most recent figure standing at $137.8 million for Q4 2023.
- In Q4 2023, Long-Term Investments fell 64.88% year-over-year to $137.8 million; the TTM figure through Dec 2023 stood at $137.8 million (down 64.88% YoY), while the FY2023 annual figure was $137.8 million, down 64.88% from the prior year.
- Long-Term Investments came in at $137.8 million for Q4 2023 at New Fortress Energy, down from $139.1 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $1.3 billion in Q1 2022 and troughed at $915000.0 in Q2 2020.
- The 5-year median for Long-Term Investments is $137.8 million (2023), against an average of $438.4 million.
- The widest annual swing landed in 2020, when Long-Term Investments plunged 99.0%; it then jumped 143295.85% in 2021.
- A 5-year view of Long-Term Investments shows it stood at $91.2 million in 2019, then sank by 94.66% to $4.9 million in 2020, then jumped by 24161.35% to $1.2 billion in 2021, then tumbled by 66.81% to $392.3 million in 2022, then plunged by 64.88% to $137.8 million in 2023.
- Per Business Quant data, the three most recent Long-Term Investments figures were $137.8 million in Q4 2023, $139.1 million in Q3 2023, and $138.6 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 969.11 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 7.65 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 2.18 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.65 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 315.00 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.98 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.36 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 464.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 206.00 Mn |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 137.79 Mn |
| Sep 30, 2023 | 139.06 Mn |
| Jun 30, 2023 | 138.57 Mn |
| Mar 31, 2023 | 136.30 Mn |
| Dec 31, 2022 | 392.31 Mn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 939.74 Mn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 1.23 Bn |
| Jun 30, 2021 | 1.31 Bn |
| Mar 31, 2021 | 7.50 Mn |
| Sep 30, 2020 | 4.87 Mn |
| Jun 30, 2020 | 915,000.00 |
| Mar 31, 2020 | 1.00 Mn |
| Dec 31, 2019 | 91.17 Mn |
| Sep 30, 2019 | 91.45 Mn |
| Jun 30, 2019 | 91.67 Mn |
| Mar 31, 2019 | 91.91 Mn |
| Dec 31, 2018 | 92.21 Mn |