earnings
confidence high
sentiment positive
materiality 0.85
New Fortress Energy Q4 Adj EBITDA $239M; 2023 goal ~$2.0B, near-doubling
New Fortress Energy Inc.
2022-FY EPS reported
$0.93
revenue$2,368,272,000
- Q4 2022 Adj EBITDA $239M, full year ~$1.1B; Adj EPS Q4 $0.87, full year $2.74.
- 2023 Illustrative Adj EBITDA Goal of ~$2.0B, implying near-doubling vs 2022.
- Genera PR subsidiary awarded 10-year contract to manage PREPA's 3,600 MW thermal system.
- Agreed to sell Hilli stake for return of 4.1M NFE shares, $100M cash, extinguishing $323M debt.
- Declared $0.10/sh dividend (record 3/17, pay 3/28); $3.00/sh paid in Jan 2023.