Investors seeking energy exposure often choose between high-growth infrastructure plays and stable midstream giants. Choosing between New Fortress Energy LLC (NFE 2.63%) and ONEOK Inc (OKE 0.85%) requires balancing aggressive expansion against steady cash generation.
New Fortress focuses on liquefied natural gas logistics and power plants in emerging markets, while ONEOK manages a massive pipeline network across the United States. While both play vital roles in energy transport, their financial health and risk profiles diverged significantly heading into 2026.
The case for New Fortress EnergyNew Fortress Energy operates as a global energy infrastructure company specializing in liquefied natural gas (LNG) facilities and power plants. It manages logistics and power solutions in markets including Jamaica, Mexico, and Puerto Rico. Key customers include CFE and the Puerto Rico Electric Power Authority (PREPA), and such customer concentration adds a layer of risk to the business.
In FY 2025, revenue reached approximately $1.5 billion, representing a decrease of more than 36% compared to the prior year. The company reported a net loss of nearly $1.8 billion for the period. This performance reflects a challenging period of transition and asset restructuring for the energy provider. Free cash flow was negative $1.49 billion, representing the cash remaining after paying for operations and capital equipment.
The case for ONEOK IncONEOK operates an extensive midstream energy network consisting of approximately 60,000 miles of pipelines for natural gas and refined products. The company gathers and transports energy for a diverse group of producers and industrial customers, including several electric utility stocks. Its business model relies heavily on long-term, fee-based contracts that reduce direct exposure to fluctuating commodity prices.
In FY 2025, the company reported revenue of nearly $33.6 billion, representing a significant 55.4% increase over the previous fiscal year. Net income for the period was nearly $3.4 billion, up from $3 billion. This growth highlights the company's ability to scale its operations while maintaining steady profitability across its midstream segments. Free cash flow reached nearly $2.5 billion, representing the cash generated after accounting for all operating expenses and capital investments.
Risk profile comparisonNew Fortress Energy faces substantial risks related to its current restructuring support agreement and potential insolvency if it fails to complete its financial plans. Development projects like Fast LNG carry risks of cost overruns and technical failures, as seen in prior delays at the Altamira project. Furthermore, the company relies heavily on PREPA, which is in bankruptcy proceedings, creating significant credit risk for its primary revenue streams.
ONEOK faces volumetric risks because its pipeline throughput depends on continued drilling activity by producers, who may reduce production if commodity prices fall. The company also faces operational hazards, such as leaks or equipment failures, that can lead to environmental liabilities and regulatory fines. ONEOK competes for volumes with other large midstream entities, such as Enterprise Products Partners (EPD 2.80%) and Kinder Morgan (KMI +0.15%), a dynamic that may affect its long-term growth potential.
Valuation comparisonNew Fortress Energy appears much cheaper based on price-to-sales estimates, though this lower multiple likely reflects the significant financial restructuring risks the business currently faces.
MetricNew Fortress EnergyONEOKSector BenchmarkForward P/E213x15.8x20.6xP/S ratio0.1x1.6xSector benchmark uses the SPDR XLU sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
New Fortress Energy and ONEOK are both oil and gas businesses, but they are at very different stages in their life cycles.
New Fortress Energy is undergoing a restructuring in the U.K. that will reorganize the business, with creditors’ approval. The move should lop $5.1 billion off its debt load, bringing it to a reasonable $528 million. The move will also spin off its Brazilian operations to a separate company owned by creditors. Crucially for common stockholders, the deal will dilute existing New Fortress shares to about 35% of the new entity. The restructuring is expected to close by the third quarter of this year.
ONEOK, meanwhile, sits in an excellent position in its part of the world. As a midstream provider of oil and gas pipelines and other distribution services, it is generally more shielded from the volatility of oil and gas markets than other energy companies. But it still is benefiting from the Iran war and the increased prices and demand it has created.
Longer-term, AI data center growth and LNG export demand are expected to increase demand for U.S.-produced natural gas, benefiting ONEOK’s pipeline network and its efforts to improve and expand natural gas processing and distribution at crucial points.
In short, New Fortress Energy is a distress play for investors seeking to take a flier on a cheap, beaten-down company and its stock. ONEOK, meanwhile, is growing, with revenue in fiscal 2026 seen at about $38.6 billion and net income at $3.6 billion. ONEOK’s price-to-sales ratio and forward price-to-earnings ratios are still attractive on a standalone basis. Compared to restructuring New Fortress Energy, ONEOK is the stock to buy in 2026.
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 High Court of Justice of England and Wales before Mr. Justice Cawson, where the Plan Companies were granted an order sanctioning the UK RP, which are two inter-conditional restructuring plans proposed by each of the Plan Companies (the “Sanction Order”). The Sanction Order will shortly be filed with the Registrar of Companies and the UK RP will become effective in accordance with its terms.
Plan Creditors showed overwhelming support for the UK RP at the meetings of Plan Creditors convened earlier this week on June 15, with 99% of Plan Creditors voting in favor of the UK RP and unanimous consent obtained in nearly all classes of Plan Creditors.
Next steps
A hearing before the United States Bankruptcy Court of the Southern District of New York to confirm the recognition of the UK RP will be held on June 26, 2026.
The transactions contemplated by the UK RP are expected to be implemented by the third quarter of 2026, subject to the satisfaction of customary conditions and regulatory approvals.
Creditors should contact the Information Agent at [email protected] with any questions on accessing the Plan Documentation, the Sanction Order or the Recognition Order – including to request provision of hard or electronic copies.
NFE Global Holdings Limited
Suite 1, 7th Floor
50 Broadway
London, SW1H 0BL
United Kingdom
NFE Brazil Newco Limited
Suite 1, 7th Floor
50 Broadway
London, SW1H 0DB
United Kingdom
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company’s assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.
This press release includes “forward-looking statements,” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” “intend,” “aim” and similar expressions in this press release to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements, include, but are not limited to, statements related to the transaction described above, including the Company’s ability to complete the transaction on the terms contemplated by the RSA, on the timeline contemplated or at all, and the Company’s ability to realize the intended benefits of the transaction. The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company’s reports filed with the SEC, including in the section entitled “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and the section entitled “Risk Factors” in Part II, Item 1A of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this press release or to reflect the occurrence of unanticipated events or otherwise.
Model of LNG tanker is seen in this illustration created on May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 18 (Reuters) - New Fortress Energy (NFE.O), opens new tab 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 its mounting debt obligations as it grapples with a severe liquidity crunch.
The company, which focuses on LNG infrastructure and power projects, has struggled to secure long-term LNG supply for power plants in Latin America as it lacks investment-grade credit rating, forcing it to buy fuel at higher prices.
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In 2024, New Fortress began exploring options including bringing in strategic partners, selling assets after deferring shareholder dividends to preserve cash and working out a deal with bondholders to push back maturities.
In March, the company said it would separate its Brazilian operations into a standalone company as part of a broader restructuring deal with creditors aimed at cutting its debt.
On Thursday, New Fortress said the High Court of Justice of England and Wales approved the so‑called UK Restructuring Plan involving its subsidiaries, NFE Global Holdings Limited and NFE Brazil Newco Limited. The transactions are expected to be implemented by the third quarter of 2026.
The LNG company also said creditor backing for the restructuring plan was near-unanimous, with 99% creditors voting in favor at meetings held on Monday.
A U.S. bankruptcy court will hear the restructuring plan on June 26.
Reporting by Sumit Saha in Bengaluru; Editing by Diti Pujara
Our Standards: The Thomson Reuters Trust Principles., opens new tab
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) will host a conference call on Wednesday, March 18, 2026 at 8:30 AM Eastern Time. The conference call may be accessed by dialing 800-330-6710 (toll-free from within the U.S.) or +1 646-769-9200 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference “NFE Informational Call” or conference code 3978309. About New Fortress Energy Inc. New Fortress Energy Inc. (NA.
New Fortress Energy (NFE +1.97%) jumped as much as 33.9% on Monday before giving most of the gain away. Shares finished the day up just 5.5%.
The embattled liquefied natural gas (LNG) company announced it has reached a deal with creditors that will see its mountain of debt slashed, keeping the company alive. But it comes at a steep cost. Today's wild swings came as investors reacted to the initial news, only to realize the deal's implications.
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How the NFE deal works The company will be split into two entities -- "NewNFE" and "BrazilCo." The latter will be held privately by New Fortress's creditors, while NewNFE remains publicly traded. BrazilCo is so named because it will own the entirety of New Fortress's Brazilian operations, leaving NewNFE with its operations in Jamaica, Puerto Rico, and Mexico.
That will have major implications for NewNFE's bottom line -- New Fortress Energy's Brazil operations were a significant part of its earnings mix.
Dilution is still a risk And while the deal did not wipe out common shareholders, they will be diluted to just 35% of the new company. Its creditors will own the rest, as well as $2.5 billion in preferred shares. That means shareholders in NewNFE will face even more serious dilution risk.
Image source: Getty Images.
And the new entity still has to successfully turn the ship around, or it may find itself in a similar position a few years from now. This is not a stock I would own.
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(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.)
U.S. stock futures pared gains to decline on Wednesday following Tuesday’s positive close. Futures of the major benchmark indices were lower.
Wholesale inflation accelerated more than expected in February, with the Producer Price Index (PPI) for final demand jumping 0.7%. This marked a significant pickup from January's 0.5% increase, driven by a broad-based 1.1% spike in goods prices—the largest rise since mid-2023.
On a year-over-year basis, the unadjusted index for final demand rose 3.4%. Meanwhile, Core PPI, which excludes volatile food, energy, and trade services, advanced 0.5% for the month and climbed 3.5% over the last 12 months, marking its tenth consecutive monthly increase.
Additionally, Wall Street is also awaiting the Federal Open Market Committee’s decision on interest rates later in the day, which will be followed by the Fed Chair Jerome Powell‘s press conference and the publication of the Summary of Economic Projections.
The CME Group's FedWatch tool‘s projections show markets pricing a 98.9% likelihood of the Federal Reserve leaving the current interest rates unchanged later today.
Meanwhile, the 10-year Treasury bond yielded 4.17%, and the two-year bond was at 3.66%.
IndexPerformance (+/-)Dow Jones-0.05%S&P 500-0.06%Nasdaq 100-0.01%Russell 2000-0.13%Stocks In FocusLululemon Athletica Lululemon Athletica Inc. (NASDAQ:LULU) fell 2.04% in premarket on Wednesday after it issued fiscal year guidance below estimates. Benzinga’s Edge Stock Rankings indicate that LULU maintains a weaker price trend over the short, medium, and long terms, with a poor quality score. CF Industries Benzinga’s Edge Stock Rankings indicate that CF maintains a strong price trend over the short and medium terms but a strong trend in the long term, with a moderate value score. Micron Technology Micron Technology Inc. (NASDAQ:MU) gained 2.99% as analysts expect it to report earnings of $8.77 per share on revenue of $19.26 billion, after the closing bell. Benzinga’s Edge Stock Rankings indicate that MU maintains a strong price trend over the short, medium, and long terms, with a solid quality score. KKR & Co KKR & Co Inc. (NYSE:KKR) rose 0.71% as it announced an investment of up to $310 million in PMI Electro and its e-bus unit Allfleet. Benzinga’s Edge Stock Rankings indicate that KKR maintains a weak price trend over the short, medium, and long terms, with a strong value ranking. New Fortress Energy New Fortress Energy Inc. (NASDAQ:NFE) jumped 6.96% after it signed a debt restructuring agreement with creditors. Benzinga’s Edge Stock Rankings indicate that NFE maintains a weak price trend over the short, medium, and long terms. Cues From Last SessionEnergy, consumer discretionary, and communication services led the S&P 500’s gains on Tuesday, though consumer staples and health care stocks trended lower.
Insights From AnalystsProfessor Jeremy Siegel currently maintains a “cautious tone” regarding the U.S. stock market in the short term, even as he remains fundamentally bullish on the long-term outlook.
He warns that the market could face a “10% correction from the recent highs” due to a “geopolitical shock” and rising oil prices. Siegel emphasizes that surging gasoline costs—the “most visible price in the economy”—immediately hit consumer psychology.
Despite these pressures, he argues this is a “market facing a near-term shock, not one losing its long-term foundation.”
Regarding the broader economy, Siegel describes the current environment as a “softer backdrop, not a broken one”. While fourth-quarter GDP was revised downward, he believes the headline “likely overstated the slowdown” and notes that the labor market has not yet “cracked.”
On monetary policy, he expects the Federal Reserve to remain “almost certainly on hold” at its March meeting, as the current inflation pressure is a supply-side shock rather than one driven by excess demand.
Ultimately, Siegel's conviction remains intact, stating, “I remain very bullish about AI and on the productivity gains that will come from it”.
Upcoming Economic DataHere's what investors will be keeping an eye on Wednesday.
Commodities, Crypto, And Global Equity MarketsCrude oil futures were trading lower in the early New York session by 1.82% to hover around $93.79 per barrel.
Gold Spot US Dollar fell 0.32% to hover around $4,989.52 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.08% higher at the 99.6580 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.44% lower at $74,016.98 per coin, as per the last 24 hours.
Asian markets closed higher on Wednesday, as Japan's Nikkei 225, China’s CSI 300, South Korea's Kospi, India’s Nifty 50, Australia's ASX 200, and Hong Kong's Hang Seng indices rose. European markets were also higher in early trade.
Market News and Data brought to you by Benzinga APIs
(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story.)
U.S. stock futures pared gains to decline on Wednesday following Tuesday’s positive close. Futures of the major benchmark indices were lower.
Wholesale inflation accelerated more than expected in February, with the Producer Price Index (PPI) for final demand jumping 0.7%. This marked a significant pickup from January's 0.5% increase, driven by a broad-based 1.1% spike in goods prices—the largest rise since mid-2023.
On a year-over-year basis, the unadjusted index for final demand rose 3.4%. Meanwhile, Core PPI, which excludes volatile food, energy, and trade services, advanced 0.5% for the month and climbed 3.5% over the last 12 months, marking its tenth consecutive monthly increase.
Additionally, Wall Street is also awaiting the Federal Open Market Committee’s decision on interest rates later in the day, which will be followed by the Fed Chair Jerome Powell‘s press conference and the publication of the Summary of Economic Projections.
The CME Group's FedWatch tool‘s projections show markets pricing a 98.9% likelihood of the Federal Reserve leaving the current interest rates unchanged later today.
Meanwhile, the 10-year Treasury bond yielded 4.17%, and the two-year bond was at 3.66%.
IndexPerformance (+/-)Dow Jones-0.05%S&P 500-0.06%Nasdaq 100-0.01%Russell 2000-0.13%Stocks In FocusLululemon Athletica Lululemon Athletica Inc. (NASDAQ:LULU) fell 2.04% in premarket on Wednesday after it issued fiscal year guidance below estimates. Benzinga’s Edge Stock Rankings indicate that LULU maintains a weaker price trend over the short, medium, and long terms, with a poor quality score. CF Industries Benzinga’s Edge Stock Rankings indicate that CF maintains a strong price trend over the short and medium terms but a strong trend in the long term, with a moderate value score. Micron Technology Micron Technology Inc. (NASDAQ:MU) gained 2.99% as analysts expect it to report earnings of $8.77 per share on revenue of $19.26 billion, after the closing bell. Benzinga’s Edge Stock Rankings indicate that MU maintains a strong price trend over the short, medium, and long terms, with a solid quality score. KKR & Co KKR & Co Inc. (NYSE:KKR) rose 0.71% as it announced an investment of up to $310 million in PMI Electro and its e-bus unit Allfleet. Benzinga’s Edge Stock Rankings indicate that KKR maintains a weak price trend over the short, medium, and long terms, with a strong value ranking. New Fortress Energy New Fortress Energy Inc. (NASDAQ:NFE) jumped 6.96% after it signed a debt restructuring agreement with creditors. Benzinga’s Edge Stock Rankings indicate that NFE maintains a weak price trend over the short, medium, and long terms. Cues From Last SessionEnergy, consumer discretionary, and communication services led the S&P 500’s gains on Tuesday, though consumer staples and health care stocks trended lower.
Insights From AnalystsProfessor Jeremy Siegel currently maintains a “cautious tone” regarding the U.S. stock market in the short term, even as he remains fundamentally bullish on the long-term outlook.
He warns that the market could face a “10% correction from the recent highs” due to a “geopolitical shock” and rising oil prices. Siegel emphasizes that surging gasoline costs—the “most visible price in the economy”—immediately hit consumer psychology.
Despite these pressures, he argues this is a “market facing a near-term shock, not one losing its long-term foundation.”
Regarding the broader economy, Siegel describes the current environment as a “softer backdrop, not a broken one”. While fourth-quarter GDP was revised downward, he believes the headline “likely overstated the slowdown” and notes that the labor market has not yet “cracked.”
On monetary policy, he expects the Federal Reserve to remain “almost certainly on hold” at its March meeting, as the current inflation pressure is a supply-side shock rather than one driven by excess demand.
Ultimately, Siegel's conviction remains intact, stating, “I remain very bullish about AI and on the productivity gains that will come from it”.
Upcoming Economic DataHere's what investors will be keeping an eye on Wednesday.
Commodities, Crypto, And Global Equity MarketsCrude oil futures were trading lower in the early New York session by 1.82% to hover around $93.79 per barrel.
Gold Spot US Dollar fell 0.32% to hover around $4,989.52 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.08% higher at the 99.6580 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.44% lower at $74,016.98 per coin, as per the last 24 hours.
Asian markets closed higher on Wednesday, as Japan's Nikkei 225, China’s CSI 300, South Korea's Kospi, India’s Nifty 50, Australia's ASX 200, and Hong Kong's Hang Seng indices rose. European markets were also higher in early trade.
Market News and Data brought to you by Benzinga APIs
New Fortress Energy (NFE +1.97%) fell 20.3% on Wednesday. The S&P 500 and the Nasdaq Composite lost 1.4% and 1.5%, respectively.
The struggling liquefied natural gas (LNG) company struck an agreement with creditors yesterday that will allow the company to survive, but one that comes with serious strings attached. The news sent the stock flying up more than 30% before giving away most of the gain. Today, the stock was in freefall.
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NFE survives -- barely Under the agreement, New Fortress will split into two separate companies. "NewNFE" will continue trading publicly and retain operations in Jamaica, Puerto Rico, and Mexico. Meanwhile, a new private entity dubbed "BrazilCo" will take ownership of the company's entire Brazilian business -- and go straight into the hands of its creditors.
That's no small concession. Brazil was a major piece of New Fortress's earnings puzzle, so investors are now grappling with what NewNFE looks like without it. It seems the initial excitement over a deal faded as reality set in.
Shareholders will see major dilution
Image source: Getty Images.
Shareholders didn't get wiped out entirely, but under the new structure, existing common stockholders will be diluted down to just 35% of NewNFE. Creditors claim the remaining 65% stake, plus $2.5 billion in preferred shares on top of that. That means more dilution is likely.
And NewNFE still faces the task of actually executing a turnaround. A leaner balance sheet buys time, but it doesn't guarantee a recovery.
This is not a stock I would own.
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
LOS ANGELES, March 25, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises New Fortress Energy, Inc., (“New Fortress" or the "Company") (NASDAQ:NFE) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/new-fortress-energy-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
New Fortress’s stock price fell $4.27, or 63%, to close at $2.51 per share on May 15, 2025, thereby injuring investors. This substantial decline followed the May 14, 2025, release of the Company’s first quarter 2025 financial results, which featured revenue of $470.5 million and failed to meet consensus expectations. Simultaneously, a Reuters report attributed the Company’s “financial woes” to its failure to obtain liquefied natural gas for Latin American power-generation assets via long-term contracts. The article noted that because its credit was not investment-grade, New Fortress was forced to “acquire the gas at higher prices,” further straining its financial position alongside the disappointing quarterly revenue figures.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
www.portnoylaw.com
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") today announced that its Brazil platform has entered into a long-term lease and capacity agreement (“Lease Agreement”) for its Terminal de Gás Sul (“TGS”) LNG import terminal in Santa Catarina, Brazil. The Lease Agreement is expected to commence in August 2026. The agreement marks the commercialization of TGS and is expected to generate $50 million in annual EBITDA by 2027. TGS is a strategically located.
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 strong indications of support for the previously announced transaction, to be implemented through a UK RP, from its stakeholders, including holders and lenders representing over 95%.
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
New Fortress Energy Inc (NASDAQ:NFE)NextNRG Inc (NASDAQ:NXXT) Rubico Inc (NASDAQ:RUBI)Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.
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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.
Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of New Fortress Energy Inc. (NASDAQ: NFE) breached their fiduciary duties to shareholders.
If you currently own New Fortress stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
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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.
, /PRNewswire/ -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against:
New Fortress Energy, Inc. (NASDAQ:NFE)
Shareholders should email [email protected] or www.fmoorelaw.com On May 15, 2025, New Fortress's stock price fell $4.27, or 63%, to close at $2.51 per share, thereby injuring investors. This substantial decline followed the May 14, 2025, release of the Company's first quarter 2025 financial results, which featured revenue of $470.5 million and failed to meet consensus expectations. Simultaneously, a Reuters report attributed the Company's "financial woes" to its failure to obtain liquefied natural gas for Latin American power-generation assets via long-term contracts. The article noted that because its credit was not investment-grade, New Fortress was forced to "acquire the gas at higher prices," further straining its financial position alongside the disappointing quarterly revenue figures.
If you own New Fortress Energy, Inc. (NASDAQ:NFE), please contact Fletcher Moore by email at [email protected] or (212) 709-8245.
You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
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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 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.
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.
Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of New Fortress Energy Inc. (NASDAQ: NFE) breached their fiduciary duties to shareholders.
If you currently own New Fortress stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
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CompaniesMay 7 (Reuters) - New Fortress Energy (NFE.O), opens new tab said on Thursday it received a notice from the Nasdaq stock exchange that the liquefied natural gas developer no longer complies with the minimum bid price requirement for continued listing.
The company has been grappling with a severe liquidity crunch, as mounting debt and missed interest payments have overshadowed progress on its new projects and led it to repeatedly delay its quarterly filings.
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Shares of the company closed at 73 cents on Thursday. The stock has traded below the minimum $1 per share requirement since 19 March.
New Fortress said the notice has no immediate effect on its listing, adding that it has 180 days to regain compliance with the requirement.
The firm added it would evaluate all available options to regain compliance, including a reverse split of outstanding shares.
To regain compliance, the company's closing share price must be at least $1.00 per share for a minimum of 10 consecutive trading days prior to October 28, 2026.
If New Fortress fails to meet this requirement, it will be delisted from the stock exchange.
Earlier this year, New Fortress said it would separate its Brazilian operations into a standalone company as part of a broader restructuring deal with creditors aimed at cutting its debt.
Reporting by Vallari Srivastava in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
NEW YORK & RIO DE JANEIRO--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that its subsidiary NFE Brazil Financing Limited, a private limited company incorporated under the laws of England and Wales (“NFE Brazil”) has received commitments (the “Commitments”) for the proposed offering (the “Offering”) of $885 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) to be issued by NFE Brazil. The Notes will bear interest at a rate of 12.0.
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.
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 Restructuring Support Agreement (“RSA”) with its creditors as part of the UK RP. On April 20, 2026, NFE announced that its subsidiaries, NFE Global Holdings Limited and NFE Brazil Newco Limited, acting as Plan Companies, executed and published a practice statement letter in connection with the UK RP.
Plan Meetings and Next Steps
In accordance with the Convening Order, the Plan Companies have made the Explanatory Statement available to Plan Creditors on the website maintained by Kroll: https://deals.is.kroll.com/nfe. Further details, including information on how Plan Creditors submit a vote, are set out in the Explanatory Statement.
The deadline for submitting a voting instruction for voting at the Plan Meeting is 10:00 p.m. (London) / 5:00 p.m. (New York) on June 9, 2026. The Plan Meetings will be held on June 15, 2026. The Plan Meetings will be held as hybrid physical and virtual meetings, with the physical meetings being held at the offices of Skadden, Arps, Slate, Meagher & Flom (UK) LLP at 22 Bishopsgate, London EC2N 4BQ, United Kingdom.
The UK RP is subject to the sanction of the court. The Sanction Hearing is scheduled for June 18, 2026. If sanctioned by the court, the UK RP is expected to be implemented by the third quarter of 2026, subject to customary conditions and regulatory approvals.
Creditors should contact the Information Agent at [email protected] with any questions on accessing the Plan Documentation – including to request provision of hard or electronic copies.
NFE Global Holdings Limited
Suite 1, 7th Floor
50 Broadway
London, SW1H 0BL
United Kingdom
NFE Brazil Newco Limited
Suite 1, 7th Floor
50 Broadway
London, SW1H 0DB
United Kingdom
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company’s assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.
No Offer or Solicitation
The information set forth in this press release is not an offer to sell or exchange, or solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for, any securities, or the solicitation of a proxy, consent, or authorization in any jurisdiction or any vote or approval in any jurisdiction in connection with the transaction, the stockholder approvals or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. In particular, this communication is not an offer of securities for sale into the United States. No offer of securities shall be made in the United States absent registration under the Securities Act of 1933, as amended (the “Securities Act”), or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.
Additional Information and Where to Find It
This communication may be deemed to be solicitation material in respect of the transaction and the stockholder approvals. In connection with the transaction and the stockholder approvals, the Company has filed a preliminary proxy statement on Schedule 14A with the U.S. Securities and Exchange Commission (the “SEC”) and intends to file a definitive proxy statement on Schedule 14A with the SEC (as amended or supplemented from time to time, the “proxy statement”). BEFORE MAKING ANY VOTING DECISION, THE COMPANY’S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION AND THE STOCKHOLDER APPROVALS OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT (IF ANY) CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE STOCKHOLDER APPROVALS AND THE PARTIES TO THE TRANSACTION. Copies of the proxy statement and other relevant materials and any other documents filed by the Company with the SEC may be obtained free of charge at the SEC’s website, at www.sec.gov. In addition, stockholders and investors may obtain free copies of the proxy statement and other relevant materials by directing a request to: New Fortress Energy Inc., 111 W. 19th Street, 8th Floor, New York, New York 10011, Attention: Investor Relations.
Participants in Proxy Solicitation
The Company and certain of its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the Company’s stockholders in respect of the transaction and the stockholder approvals. Information about the directors and executive officers of the Company, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in the Company’s Annual Report on Form 10-K/A for the fiscal year ended December 31, 2025, filed with the SEC on April 30, 2026. To the extent holdings of NFE common stock by the directors and executive officers of NFE have changed from the amounts disclosed in such filing, such changes have been or will be reflected on Initial Statements of Beneficial Ownership of Securities on Form 3, Statements of Changes in Beneficial Ownership on Form 4 or Annual Statements of Changes in Beneficial Ownership of Securities on Form 5, in each case filed with the SEC. Other information regarding the persons who may be deemed participants in the proxy solicitations in connection with the transaction, and a description of any interests that they have in the transaction, by security holdings or otherwise will be contained in the proxy statement to be filed with the SEC regarding the transaction and the stockholder approvals when they become available. Stockholders, potential investors, and other interested persons should read the proxy statement carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.
This press release includes “forward-looking statements,” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” “intend,” “aim” and similar expressions in this press release to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements, include, but are not limited to, statements related to the transaction described above, including the Company’s ability to complete the transaction on the terms contemplated by the RSA, on the timeline contemplated or at all, and the Company’s ability to realize the intended benefits of the transaction. The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company’s reports filed with the SEC, including in the section entitled “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and the section entitled “Risk Factors” in Part II, Item 1A of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this press release or to reflect the occurrence of unanticipated events or otherwise.
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