New Fortress Energy Inc. (Nasdaq: NFE) disclosed its financial outcomes for the second quarter of 2025, highlighting an adjusted EBITDA of $(4) million and a net loss of $557 million.
The company reported EPS of $(2.02) on a fully diluted basis and a total cash balance of $821 million, with $551 million unrestricted as of June 30, 2025.
New Fortress Energy is actively pursuing various commercial opportunities to enhance operational performance and liquidity by the end of 2025.
Financial Performance
Adjusted EBITDA of $(4) million and net loss of $557 million in Q2 2025.
Commercial Opportunities
Negotiating long-term gas sale agreement with PREPA, actively engaged with FEMA and US Army Corps of Engineers, and commissioning 624 MW CELBA plant.
Shipping Portfolio Optimization
Executed multiple charters with strategic partners, positioning for growth and revenue opportunities.
Brazil Power Projects
Making progress on PortoCem power plant and anticipating positive developments in Brazil energy sector.
Strategic Evaluation
Engaging advisors for capital structure improvement, considering asset sales, debt refinancing, and strategic transactions for additional liquidity.
- New Fortress Energy faces significant challenges with a net loss of $557 million in Q2 2025, primarily attributed to non-cash impairments and gain on sale of Jamaican operations.
- Despite the financial setbacks, the company is actively pursuing long-term agreements and operational enhancements to drive revenue growth and improve liquidity.
New Fortress Energy Inc.'s Q2 2025 results reflect a complex financial landscape with opportunities and challenges ahead. The company's strategic initiatives and commercial endeavors signal a proactive approach to enhance operational efficiency and financial performance.