secwatch.observer — SEC 8-K summary
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Issuer:     New Fortress Energy Inc. (NFE)
CIK:        0001749723
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001749723-22-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Fortress Energy Q3 revenue $731.9M, net income $56M, raises 2023 goal to $2.5B+
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- Q3 2022 Adjusted EBITDA $291M, net income $56M vs Q2 net loss $178M; revenue $731.9M up 25% sequentially.
- 2023 illustrative EBITDA goal raised to ~$2.5+ billion (from ~$1.5B); FY22 goal ~$1.1B on track.
- Fast LNG first unit mechanical completion March 2023, operations mid-2023; five units target ~7+ mtpa by end 2024.
- Declared $0.10/share dividend, record Dec 7, 2022, payable Dec 20, 2022.
- Signed binding agreements with CFE for Altamira FLNG hub; sold La Paz plant for ~$180M; extended BCS gas supply 10 yrs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1749723/000174972322000042/0001749723-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1749723/000174972322000042/nfe-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001749723-22-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer