New Fortress Energy expects lower LNG volumes in fourth quarter

Reuters11-07

HOUSTON, Nov 7 (Reuters) - Energy infrastructure company New Fortress Energy expects slightly lower liquefied natural gas $(LNG)$ volumes in fourth quarter 2024, Chairman Wesley Edens said.

NFE's floating LNG facility offshore Mexico completed its commissioning process and was operating at 105% of its nameplate capacity. The company has started looking at plans to debottleneck the facility which could add between 3% and 10% more capacity, Edens told an earnings call on Thursday.

NFE sold its fourth LNG cargo on Thursday, Edens said.

(Reporting by Curtis Williams in Houston. Editing by Jane Merriman)

((Curtis.Williams@thomsonreuters.com; +1 346 324 7560;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481902259?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-07 21:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481902259","market":"fut","top_or_hot":-1,"title":"New Fortress Energy expects lower LNG volumes in fourth quarter","media":"Reuters","content":"<html><body><p>HOUSTON, Nov 7 (Reuters) - Energy infrastructure company New Fortress Energy    expects slightly lower liquefied natural gas <a href=\"https://laohu8.com/S/LNG\">$(LNG)$</a> volumes in fourth quarter 2024, Chairman Wesley Edens said.</p><p>   NFE's floating LNG facility offshore Mexico completed its commissioning process and was operating at 105% of its nameplate capacity. The company has started looking at plans to debottleneck the facility which could add between 3% and 10% more capacity, Edens told an earnings call on Thursday.</p><p>   NFE sold its fourth LNG cargo on Thursday, Edens said.</p><p> (Reporting by Curtis Williams in Houston. Editing by Jane Merriman)</p><p>((Curtis.Williams@thomsonreuters.com; +1 346 324 7560;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Fortress Energy expects lower LNG volumes in fourth quarter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Fortress Energy expects lower LNG volumes in fourth quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HOUSTON, Nov 7 (Reuters) - Energy infrastructure company New Fortress Energy    expects slightly lower liquefied natural gas $(LNG)$ volumes in fourth quarter 2024, Chairman Wesley Edens said.   NFE's...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4138","symbol_name":"石油与天然气的炼制和营销","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481902259","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481902259","pubTimestamp":1730985091,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"HOUSTON, Nov 7  - Energy infrastructure company New Fortress Energy    expects slightly lower liquefied natural gas  volumes in fourth quarter 2024, Chairman Wesley Edens said.   NFE's floating LNG facility offshore Mexico completed its commissioning process and was operating at 105% of its nameplate capacity. The company has started looking at plans to debottleneck the facility which could add between 3% and 10% more capacity, Edens told an earnings call on Thursday.   NFE sold its fourth LNG cargo on Thursday, Edens said. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4138":"石油与天然气的炼制和营销","BK4144":"石油与天然气的储存和运输","NFE":"New Fortress Energy LLC","DGAZ":"三倍做空天然气ETN(VelocityShares)","UGAZ":"三倍做多天然气ETN(VelocityShares)","UNG":"美国天然气基金"},"translate_title":"New Fortress Energy预计第四季度液化天然气产量将下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NGmain":0.9,"QGmain":0.9,"NFE":0.9,"DGAZ":0.6,"UGAZ":0.6,"UNG":0.6},"content_text":"HOUSTON, Nov 7 (Reuters) - Energy infrastructure company New Fortress Energy    expects slightly lower liquefied natural gas $(LNG)$ volumes in fourth quarter 2024, Chairman Wesley Edens said.   NFE's floating LNG facility offshore Mexico completed its commissioning process and was operating at 105% of its nameplate capacity. The company has started looking at plans to debottleneck the facility which could add between 3% and 10% more capacity, Edens told an earnings call on Thursday.   NFE sold its fourth LNG cargo on Thursday, Edens said. (Reporting by Curtis Williams in Houston. Editing by Jane Merriman)((Curtis.Williams@thomsonreuters.com; +1 346 324 7560;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481902259"}