---
schema_version: "secwatch.filing_event.v1"
accession: "0001749723-23-000005"
form_type: "8-K"
ticker: "NFE"
cik: "0001749723"
company_name: "New Fortress Energy Inc."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:26:39.396717+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# New Fortress Energy Q4 Adj EBITDA $239M; 2023 goal ~$2.0B, near-doubling

## Summary
- 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.

## SEC filing metadata
- accession: 0001749723-23-000005
- form_type: 8-K
- ticker: NFE
- cik: 0001749723
- company_name: New Fortress Energy Inc.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1749723/000174972323000005/0001749723-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1749723/000174972323000005/nfe-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001749723-23-000005
- JSON: https://secwatch.observer/filing/0001749723-23-000005.json
- Plain text: https://secwatch.observer/filing/0001749723-23-000005.txt

## Key facts
- Earnings Releases
  New Fortress Energy Inc. reported fourth quarter and year ended December 31, 2022 results: revenue $2,368.3, net income $184.8.
  - Period: fourth quarter and year ended December 31, 2022
  - Revenue: $2,368.3
  - Net income: $184.8
  - Result: reported results
  source text: an industrial hub in Texas Financial Highlights Three Months Ended Year Ended (in millions) September 30, 2022 December 31, 2022 December 31, 2022 Revenues $ 731.9 $ 546.4 $ 2,368.3 Net income $ 56.2 $ 65.8 $ 184.8 Adjusted net income $ 85.6 $ 182.7 $ 575.8 Terminals and Infrastructure Segment Operating Margin (15) $ 251.5 $ 196.0 $ 896.2 Ships Segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1749723/000174972323000005/0001749723-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
