secwatch.observer — SEC 8-K summary
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Issuer:     New Fortress Energy Inc. (NFE)
CIK:        0001749723
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001749723-25-000125
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NFE reports Q2 net loss $557M; Adjusted EBITDA -$4M; initiates strategic alternatives review
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- Net loss of $557M ($2.02 diluted EPS) vs. $86.9M loss a year ago; revenue $301.7M, down 29% YoY.
- Non-cash impairments of assets and goodwill totaled $699M; gain on sale of Jamaican ops $473M.
- Adjusted EBITDA of -$3.7M vs. $120.2M in Q2 2024; Total Segment Operating Margin $25M.
- Engaged Houlihan Lokey and Skadden to evaluate strategic alternatives including asset sales, refinancing.
- Unrestricted cash $551M; FLNG 1 performed at nameplate; CELBA plant commissioning begun.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1749723/000174972325000125/0001749723-25-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1749723/000174972325000125/nfe-20250905.htm
  HTML page:      https://secwatch.observer/filing/0001749723-25-000125

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