New Fortress Energy (NFE) Long-Term Investments (2018 - 2023)

New Fortress Energy (NFE) reported Long-Term Investments of $137.8 million for Q4 2023, down 64.88% year-over-year from $392.3 million in Q4 2022, and down 0.91% quarter-over-quarter from $139.1 million in Q3 2023.

New Fortress Energy (NFE) Long-Term Investments (2018 - 2023) Analysis & Trends

New Fortress Energy (NFE) has 6 years of Long-Term Investments data on file, last reported at $137.8 million in Q4 2023.

  • Long-Term Investments for Q4 2023 came in at $137.8 million, down 64.88% year-over-year; the trailing twelve-month figure through Dec 2023 was $137.8 million (down 64.88% YoY), and the FY2023 annual result was $137.8 million, down 64.88% from the prior year.
  • Long-Term Investments retreated to $137.8 million in Q4 2023 per NFE's latest filing, 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.
  • A 5-year average of $438.4 million and a median of $137.8 million in 2023 frame the typical range for Long-Term Investments.
  • The sharpest annual moves came in 2020 and 2021: Long-Term Investments tumbled 99.0% in 2020, then soared 143295.85% in 2021.
  • A 5-year view of Long-Term Investments shows it stood at $91.2 million in 2019, then plunged by 94.66% to $4.9 million in 2020, then soared by 24161.35% to $1.2 billion in 2021, then slumped by 66.81% to $392.3 million in 2022, then tumbled by 64.88% to $137.8 million in 2023.
  • Business Quant data shows NFE's Long-Term Investments at $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 88.33 Bn 89.03 Bn 6.70 Bn 969.11 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 2.18 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 7.65 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.65 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 4.98 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 315.00 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.36 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 8.14 Bn
10 New Fortress Energy 144.99 Mn 80.32 Mn 136.95 Mn -

Historic Data

Download Data
DateValue
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