How to buy New Fortress Energy LLC shares

New Fortress Energy Inc is an energy supplier that aims to provide customers with a clean and reliable energy supply. In April 2021, New Fortress Energy acquired Golar LNG Partners LP.

New Fortress Energy LLC (NFE) is a publicly traded utilities - regulated gas business based in the US which employs around 700 staff. New Fortress Energy LLC is listed on the NASDAQ and traded in US dollars. Its current price of $26.93 is 5.2% down on its price a month ago ($28.4).

How to buy shares in New Fortress Energy LLC

  1. Choose a platform. If you're a beginner, our share trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NFE in this case.
  5. Research shares. The platform should provide the latest information available.
  6. Buy your shares. Place a market order or limit order with your preferred number of shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Fees calculator for buying New Fortress Energy LLC shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

20
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These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in New Fortress Energy LLC

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including New Fortress Energy LLC), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

New Fortress Energy LLC is a major part of the NASDAQ, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Is it a good time to buy New Fortress Energy LLC stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of NFE stocks over time.

Share price volatility

Over the last 12 months, New Fortress Energy LLC's shares have ranged in value from as little as $24.7541 up to $39.8099. A popular way to gauge a stock's volatility is its "beta".

NFE.US volatility(beta: 1.51)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while New Fortress Energy LLC's is 1.506. This would suggest that New Fortress Energy LLC's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of $26.93

1 week (2024-05-02)1.01%
1 month (2024-04-11)-5.18%
3 months (2024-02-11)-17.29%
6 months (2023-11-09)-18.39%
1 year (2023-05-11)-8.37%
2 years (2022-05-11)-33.21%
3 years (2021-05-11)-27.61%
5 years (2019-05-09)126.87%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is New Fortress Energy LLC under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the New Fortress Energy LLC P/E ratio, PEG ratio and EBITDA

New Fortress Energy LLC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, New Fortress Energy LLC shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

New Fortress Energy LLC's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1813. A PEG ratio close to 1 can be interpreted as meaning shares offer reasonable value for the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into New Fortress Energy LLC's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

New Fortress Energy LLC's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.1 billion (£893 million).

The EBITDA is a measure of a New Fortress Energy LLC's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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