
New Fortress Energy said on Thursday a UK court approved a restructuring plan for two of its subsidiaries, advancing the U.S. LNG company's efforts to reorganize debt obligations.
New Fortress Energy Inc. is an integrated gas-to-power infrastructure company, providing energy and development services to end users globally. The company is headquartered in New York, New York.
| Revenue (TTM) | $1.26B |
| Gross Profit (TTM) | $285.55M |
| EBITDA | $-53.73M |
| Operating Margin | -48.60% |
| Return on Equity | -221.50% |
| Return on Assets | -1.50% |
| Revenue/Share (TTM) | $4.47 |
| Book Value | $-0.63 |
| Price-to-Book | 1.09 |
| Price-to-Sales (TTM) | 0.08 |
| EV/Revenue | 6.82 |
| EV/EBITDA | 70.13 |
| Quarterly Earnings Growth (YoY) | -89.60% |
| Quarterly Revenue Growth (YoY) | -50.80% |
| Shares Outstanding | $285.63M |
| Float | $153.33M |
| % Insiders | 37.15% |
| % Institutions | 47.25% |
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New Fortress Energy said on Thursday a UK court approved a restructuring plan for two of its subsidiaries, advancing the U.S. LNG company's efforts to reorganize debt obligations.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) refers to its previous announcements in relation to the consensual UK Restructuring Plan (the "UK RP") between its subsidiaries, NFE Global Holdings Limited (“NFE Global”) and NFE Brazil Newco Limited (“NFE Brazil”, together with NFE Global, the “Plan Companies”), and certain of their creditors (the "Plan Creditors"). NFE is pleased to announce that the UK RP has been approved today at a hearing in the Hi.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that it has achieved the next step in the implementation of a consensual UK Restructuring Plan (“UK RP”). On May 14, 2026, the High Court made an order granting the Plan Companies permission to convene meetings of their creditors for the purpose of reviewing and approving the UK RP (the “Convening Order”). NFE previously announced on March 17, 2026, that it entered into a Restructur.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

The UP World LNG Shipping Index (UPI) declined 2.15% in Week 17–2026, consolidating after a strong Q1, not signaling a bear market. Geopolitical disruptions, especially the Strait of Hormuz closure, are elongating shipping routes and supporting spot LNG tanker rates. Asian LNG demand is rising, with arbitrage favoring Asia over Europe; a potential Chinese return to the spot market could further boost demand.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) previously announced on March 17, 2026, that it entered into a Restructuring Support Agreement (“RSA”) with its creditors as part of a consensual UK Restructuring Plan (“UK RP”). NFE is pleased to announce that it has received commitments of support for the transaction, to be implemented through a UK RP, from approximately 97% in value of its holders and lenders in aggregate. Practice Statement Letter NFE.

The UP World LNG Shipping Index (UPI) declined 1.78% as easing geopolitical tensions, lower spot rates, and the end of winter pressured LNG shipping equities. Despite the seasonal Q2 slowdown, ongoing supply disruptions and increased geographic diversification are expected to drive longer routes and tanker demand, supporting a positive long-term sector outlook. Key outperformers included Nakilat (+9%), Korea Line Corporation (+29.3%), and New Fortress Energy (+23.16%), while Chevron led declines (-5.24%) amid oil price and geopolitical volatility.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.