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-over-year from $392.3 million in Q4 2022, and down 0.91% quarter-over-quarter from $139.1 million in Q3 2023.
Analysis
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.
- 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 was $137.8 million for Q4 2023 at New Fortress Energy, down 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.
- Across the five-year window, Long-Term Investments plunged 99.0% in 2020 and surged 143295.85% in 2021, its largest moves.
- Over 5 years, Long-Term Investments stood at $91.2 million in 2019, then sank by 94.66% to $4.9 million in 2020, then surged 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.
- The last three Long-Term Investments figures came in at $137.8 million (Q4 2023), $139.1 million (Q3 2023), and $138.6 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 735.00 Mn |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 278.00 Mn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 5.00 Mn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | 76.86 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | 19.60 Mn |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | 479.18 Mn |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 11.53 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 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 |
| 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 |