The Latest Breaking News from NFE

New Fortress Energy Inc. (NASDAQ:NFE) shares surged 20.54% in after-hours trading on Thursday, climbing to $1.76.

ConocoPhillips (NYSE:COP) shares are trading slightly lower on Thursday after the company reported third-quarter FY25 earnings surpassing the consensus estimate.

While a resurgent global energy demand amid constrained supplies could lead to short-term gains for U.S. energy producers, a decline in the use of fossil fuels can’t be ruled out in the medium to long run. Hence, the weak fundamentals of New Fortress Energy (NFE), HighPeak Energy (HPK), and Lightbridge…

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast…

Though better-than-expected earnings results, slightly reduced inflation, and a strong job market have raised investors’ confidence in the market, concerns over the Fed’s upcoming interest rate hikes and a potential recession could keep the market under pressure. Therefore, fundamentally weak stocks Plug Power (PLUG), Sunrun (RUN), and GreenPower Motor (GP)…

New Fortress Energy Inc (NASDAQ:NFE) has entered into an agreement with Comisión Federal de Electricidad (CFE) as part of a growing strategic alliance. The agreement includes expanding and extending NFE's natural gas supply to multiple CFE power generation facilities in Baja California Sur, selling NFE's 135 MW La Paz power plant to CFE,…

Energy infrastructure company New Fortress Energy’s (NFE) shares have been surging in price on the back of the Russia-Ukraine war and booming energy prices. The stock has gained more than 70% in price so far this year. But will the price strength remain at least in the near term? Let’s…