New Fortress Energy LLC (NFE) Declares $0.10 Quarterly Dividend; 1.3% Yield

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Go back to New Fortress Energy LLC (NFE) Declares $0.10 Quarterly Dividend; 1.3% Yield

New Fortress Energy Announces Second Quarter 2021 Results and Reaffirms Dividend of $0.10 per Class A Common Share

August 4, 2021 11:57 PM EDT

NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (NFE or the Company) today reported its financial results for the second quarter ending June 30, 2021.

Second Quarter Highlights

Commercial update

Tremendous commercial headway in the Brazil market - Signed eight new sales agreements for 5.8mm Committed(1) gallons per day (GPD) contributing to illustrative Total Segment Operating Margin goal(2) of $1.1Bn Norsk Hydro Signed memorandum of understanding (MOU) and negotiating for up to 1.0mm GPD Run Rate(3) long-term gas supply agreement... More