New Fortress Energy (NFE) Long-Term Investments (2018 - 2023)
New Fortress Energy (NFE) reported Long-Term Investments of $137.79 million for Q4 2023, down 64.9% from $392.31 million a year earlier and down 0.9% from the prior quarter.
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Analysis
New Fortress Energy (NFE) Long-Term Investments (2018 - 2023) Analysis & Trends
Dating back to Q4 2018, New Fortress Energy's Long-Term Investments record includes 13 quarters.
- Long-Term Investments has a five-year compound annual growth rate of -12.5% (FY2018 to FY2023).
- By year, Long-Term Investments came in at $392.31 million in FY2022 (-66.8%), $1.18 billion in FY2021 and $84.81 million in FY2019 (-68.4%).
- Five-year quarterly Long-Term Investments spans a low of $84.81 million in Q4 2019 and a high of $1.33 billion in Q1 2022.
- Year over year, Long-Term Investments has now declined in each of the last seven quarters, with an average decline of 62.7% over the last seven quarters.
- Over the past five years, the year-over-year decline in Long-Term Investments ranged from 17.2% (Q3 2022) to 89.7% (Q1 2023).
- Per Business Quant data, the three quarters before Q4 2023 came in at $139.06 million (Q3 2023), $138.57 million (Q2 2023) and $136.3 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 16.14 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.17 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.64 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 7.71 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 8.27 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 317.50 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 5.15 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 14.47 Bn |
| 10 | New Fortress Energy | 35.81 Mn | -468.24 Mn | 102.12 Mn | - |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2019 | 84.81 Mn |
| Dec 31, 2018 | 268.27 Mn |
API Access
New Fortress Energy Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "NFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();