New Fortress Energy (NFE) Shares Outstanding (Diluted) (2019 - 2026)
New Fortress Energy (NFE) recorded Shares Outstanding (Diluted) of 5.71 million in Q2 2026, up 4.1% from 5.49 million a year earlier and unchanged from the prior quarter.
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Analysis
New Fortress Energy (NFE) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, New Fortress Energy reported Shares Outstanding (Diluted) of 5.57 million, up 27.4% from FY2024.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of 21.2% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 4.37 million in FY2024 (+5.9%), 4.13 million in FY2023 (-1.6%), 4.2 million in FY2022 (+4.0%) and 4.03 million in FY2021 (+89.1%).
- Quarterly Shares Outstanding (Diluted) has ranged from 4.03 million in Q4 2021 to 5.71 million in Q1 2026 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for nine consecutive quarters, with growth averaging 18.0% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 89.1% in Q4 2021, against a decline of 2.3% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.71 million (Q1 2026), 5.57 million (Q4 2025) and 5.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.19 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.19 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.46 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 2.23 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 1.04 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 215.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.02 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 209.50 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 632.00 Mn |
| 10 | New Fortress Energy | 35.81 Mn | -468.24 Mn | 102.12 Mn | 5.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.71 Mn |
| Mar 31, 2026 | 5.71 Mn |
| Dec 31, 2025 | 5.57 Mn |
| Sep 30, 2025 | 5.62 Mn |
| Jun 30, 2025 | 5.49 Mn |
| Mar 31, 2025 | 5.47 Mn |
| Dec 31, 2024 | 4.37 Mn |
| Sep 30, 2024 | 4.18 Mn |
| Jun 30, 2024 | 4.12 Mn |
| Mar 31, 2024 | 4.12 Mn |
| Dec 31, 2023 | 4.13 Mn |
| Sep 30, 2023 | 4.10 Mn |
| Jun 30, 2023 | 4.11 Mn |
| Mar 31, 2023 | 4.19 Mn |
| Dec 31, 2022 | 4.20 Mn |
| Sep 30, 2022 | 4.20 Mn |
| Jun 30, 2022 | 4.19 Mn |
| Mar 31, 2022 | 4.20 Mn |
| Dec 31, 2021 | 4.03 Mn |
| Sep 30, 2021 | 4.15 Mn |
API Access
New Fortress Energy Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();