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
DateValue
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