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Jun 30, 2021
New Fortress Energy Q2 2021 Earnings Report
New Fortress Energy reported record quarterly revenue and advancements in key projects.
Key Takeaways
New Fortress Energy Inc. announced its second quarter 2021 results, reporting record quarterly revenue of $223.8 million and a net loss of $1.7 million. The company saw significant commercial progress in Brazil and secured LNG supply for its terminals through 2027. Development projects are advancing, and the company reaffirmed a dividend of $0.10 per share.
Signed eight new sales agreements in Brazil for 5.8mm Committed GPD.
Secured LNG supply for terminals across the Caribbean, Mexico, and Central America through 2027.
Began commercial operations at the Port of Pichilingue in Baja California Sur, Mexico.
Development projects in Barcarena, Suape, and Santa Catarina are advancing on schedule.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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