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% on a QoQ basis 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.
- On a quarterly basis, Long-Term Investments fell 64.88% year-over-year to $137.8 million in Q4 2023; TTM through Dec 2023 was $137.8 million, a 64.88% decrease from a year earlier, with the FY2023 full-year figure at $137.8 million, down 64.88% from the prior year.
- Long-Term Investments for Q4 2023 stood at $137.8 million, down from $139.1 million in the prior quarter.
- Over the last five years, Long-Term Investments for NFE reached as high as $1.3 billion in Q1 2022 and fell as low as $915000.0 in Q2 2020.
- Historically, Long-Term Investments has averaged $438.4 million across 5 years, with a median of $137.8 million in 2023.
- Across the five-year window, Long-Term Investments sank 99.0% in 2020 and jumped 143295.85% in 2021, its largest moves.
- Year by year, Long-Term Investments stood at $91.2 million in 2019, then sank by 94.66% to $4.9 million in 2020, then soared 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 7.71 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 16.01 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.18 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 8.14 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.65 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 315.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 2.99 Bn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 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 |