secwatch.observer — SEC 8-K summary
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Issuer:     New Fortress Energy Inc. (NFE)
CIK:        0001749723
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001749723-23-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NFE Q2 2023: Adj. EBITDA $246M, net income $120M; FY 2023 guidance revised to $1.6B
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- Adjusted EBITDA $246M in Q2 2023, down from $439.7M in Q1; net income $120M ($0.58 adj. EPS).
- 2023 illustrative Adjusted EBITDA guidance revised to $1.6B; 2024 guidance reiterated at $2.4B.
- Dividend maintained at $0.10/share; record date Sep 13, pay date Sep 27.
- Agreement to sell La Paz power plant to CFE for ~$180M; close expected Q1 2024.
- Closed $400M term loan from Morgan Stanley at SOFR+3.50% and $200M asset-level debt for Puerto Rico.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1749723/000174972323000038/0001749723-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1749723/000174972323000038/nfe-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001749723-23-000038

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