New Fortress Energy Stock Gets A Billion Dollar Bounce

Benzinga_recent_news12-01

New Fortress Energy, Inc. (NASDAQ:NFE) shares skyrocketed Monday as investors digested news of the conditional approval of a large liquified natural gas supply contract. Here's what to know. Last ...

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(NASDAQ:NFE) shares skyrocketed Monday as investors digested news of the conditional approval of a large liquified natural gas supply contract. \nHere's what to know. \nLast ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49137206/new-fortress-energy-stock-gets-a-billion-dollar-bounce\">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":"NFE","symbol_name":"New Fortress Energy LLC","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/12/49137206/new-fortress-energy-stock-gets-a-billion-dollar-bounce","article_id":"2588779260","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/01/Puerto-Sandino--Nicaragua-September-5th-.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/25/12/49137206/new-fortress-energy-stock-gets-a-billion-dollar-bounce","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2588779260","pubTimestamp":1764601380,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"New Fortress Energy stock skyrocketed as investors digested news of the conditional approval of a large liquified natural gas supply contract.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NFE":"New Fortress Energy LLC","BK4144":"石油与天然气的储存和运输","BK4138":"石油与天然气的炼制和营销"},"translate_title":"New Fortress Energy股票反弹10亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NFE":1},"content_text":"New Fortress Energy, Inc. (NASDAQ:NFE) shares skyrocketed Monday as investors digested news of the conditional approval of a large liquified natural gas supply contract. \nHere's what to know. \nLast Friday, the Financial Oversight and Management Board for Puerto Rico announced the conditional approval of a seven-year liquefied natural gas supply deal with New Fortress, valued at approximately $3.2 billion.\nRead Next: Billions Down The Toilet As Private Equity Firms Take Bath On Hot New ‘Continuation Vehicle’ Strategy\nFinal approval is still dependent on the Puerto Rican government revising the current tolling term sheet and developing competitive open port access. \nNews of the deal sent New Fortress Energy stock soaring Monday as the contract represents a vital, long-term revenue stream for the company which has been struggling under significant debt and financial pressures. \nNew Fortress Energy has issued a going concern warning in multiple financial filings over the last year, indicating growing concerns about its liquidity.\nMost recently, the concern was reiterated in the company's Q3 2025 report filed in November 2025 (around Nov. 20), alongside the disclosure that it missed an interest payment and was operating under a forbearance agreement. \nNew Fortress Energy stock has lost more than 90% of its value in 2025 and has a 52-week high of $16.66 per share. \nNFE Price Action: According to data from Benzinga Pro, New Fortress Energy shares were up 12.7% at $1.38 at the time of publication Monday. \nRead Next:\nPhoto: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"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":"4.35.9","shortVersion":"4.35.9","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/2588779260","isCrawlerRequest":true}