New Fortress Energy (NFE) Long-Term Investments (2018 - 2023)
New Fortress Energy (NFE) posted quarterly 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 reported Long-Term Investments for 6 consecutive years, with $137.8 million the latest figure, recorded in 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 declined to $137.8 million in Q4 2023 per NFE's latest filing, from $139.1 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $1.3 billion in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2020 — Long-Term Investments tumbled 99.0% — and 2021, when it soared 143295.85%.
- New Fortress Energy's Long-Term Investments 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 7.71 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 16.14 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.17 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.64 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 8.27 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 5.15 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 14.47 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 317.50 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 735.00 Mn |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 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 |