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NASDAQ: NFEGP
New Fortress Energy (NFEGP) stock, explained like you're 5
New Fortress Energy trades on the Nasdaq under the ticker NFEGP. It is a mid cap company in the oil/gas transmission industry, part of the utilities sector, with a market value of about 3.7 billion dollars.
- Ticker
- NFEGP
- Exchange
- Nasdaq
- Sector
- Utilities
- Industry
- Oil/Gas Transmission
- Size
- Mid cap, about 3.7 billion dollars
Is New Fortress Energy a small, medium or large cap company?
No. New Fortress Energy is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 3.7 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How New Fortress Energy makes money
- Delivering electricity, gas or water to homes and businesses.
- Rates approved by regulators.
- Growing clean energy projects.
What moves NFEGP stock
- Interest rates, since utilities carry a lot of debt.
- Decisions by regulators on prices.
- Weather and demand for power.
In the news lately
- New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP) (Yahoo Finance UK)
- New Fortress Energy Inc. Stock Grades | NFE (Barron's)
- Quick ratio of New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock NASDAQ:NFEGP (TradingView)
- NFEGP Price History for New Fortress Energy Sr A Stock (Barchart.com)
- New Fortress Energy Inc. Successfully Completes Restructuring and Recapitalization Transaction & Capital Raise Participation (Business Wire)
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Questions about New Fortress Energy stock
What does New Fortress Energy do?
New Fortress Energy trades on the Nasdaq under the ticker NFEGP. It is a mid cap company in the oil/gas transmission industry, part of the utilities sector, with a market value of about 3.7 billion dollars.
What is the ticker symbol for New Fortress Energy?
New Fortress Energy trades under the ticker NFEGP on the Nasdaq.
What is New Fortress Energy's market cap?
New Fortress Energy is a mid cap stock with a market cap of about 3.7 billion dollars.
How does New Fortress Energy make money?
Delivering electricity, gas or water to homes and businesses. Rates approved by regulators. Growing clean energy projects.
What moves NFEGP stock?
Interest rates, since utilities carry a lot of debt. Decisions by regulators on prices. Weather and demand for power.
How can I follow NFEGP stock every day?
Add NFEGP to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.