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| 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 |