2023 Q4 Form 10-Q Financial Statement

#000174972323000057 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $758.4M $514.5M $731.9M
YoY Change 38.8% -29.71% 140.25%
Cost Of Revenue $256.1M $191.9M $390.7M
YoY Change 123.96% -50.88% 188.49%
Gross Profit $502.3M $322.5M $341.2M
YoY Change 16.26% -5.47% 101.64%
Gross Profit Margin 66.23% 62.7% 46.62%
Selling, General & Admin $123.0M $49.11M $113.1M
YoY Change -7.8% -56.57% 141.6%
% of Gross Profit 24.48% 15.22% 33.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $61.47M $36.71M $36.01M
YoY Change 68.86% 1.92% 50.5%
% of Gross Profit 12.24% 11.38% 10.55%
Operating Expenses $185.1M $49.11M $148.9M
YoY Change 9.18% -67.01% 218.07%
Operating Profit $317.1M $149.6M $192.4M
YoY Change 20.83% -22.23% 256.64%
Interest Expense -$75.46M $64.82M -$63.59M
YoY Change -6.28% -201.94% -210.41%
% of Operating Profit -23.79% 43.33% -33.06%
Other Income/Expense, Net $5.742M $2.271M -$10.21M
YoY Change -65.05% -122.23% -289.15%
Pretax Income $263.7M $87.04M $97.94M
YoY Change 41.45% -11.12% 5528.51%
Income Tax $46.04M $25.19M $9.971M
% Of Pretax Income 17.46% 28.94% 10.18%
Net Earnings $217.2M $61.22M $61.85M
YoY Change 238.71% -1.01% -730.72%
Net Earnings / Revenue 28.64% 11.9% 8.45%
Basic Earnings Per Share $0.30 $0.30
Diluted Earnings Per Share $1.06 $0.30 $294.8K
COMMON SHARES
Basic Shares Outstanding 205.0M shares 205.0M shares 209.6M shares
Diluted Shares Outstanding 205.0M shares 209.8M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $155.4M $171.3M $364.3M
YoY Change -76.99% -52.98% 62.36%
Cash & Equivalents $155.4M $171.3M $364.3M
Short-Term Investments
Other Short-Term Assets $78.15M $18.56M $133.9M
YoY Change 184.15% -86.14% 139.8%
Inventory $113.7M $103.3M $62.80M
Prepaid Expenses $31.49M $26.83M
Receivables $342.4M $360.8M $446.4M
Other Receivables $1.566M $1.542M $37.20M
Total Short-Term Assets $980.0M $866.2M $1.045B
YoY Change -29.35% -17.07% 69.65%
LONG-TERM ASSETS
Property, Plant & Equipment $8.418B $7.828B $4.359B
YoY Change 71.34% 79.6% 38.57%
Goodwill $776.8M $776.8M
YoY Change 0.0%
Intangibles $51.82M $67.44M
YoY Change -39.68%
Long-Term Investments $137.8M $139.1M $1.033B
YoY Change -64.88% -86.53% -15.92%
Other Assets $126.9M $110.7M $97.98M
YoY Change -7.42% 12.97% -19.12%
Total Long-Term Assets $9.521B $8.930B $6.396B
YoY Change 50.7% 39.61% 5.74%
TOTAL ASSETS
Total Short-Term Assets $980.0M $866.2M $1.045B
Total Long-Term Assets $9.521B $8.930B $6.396B
Total Assets $10.50B $9.796B $7.441B
YoY Change 36.29% 31.65% 11.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $549.5M $892.9M $104.0M
YoY Change 583.55% 758.23% -50.52%
Accrued Expenses $471.7M $435.7M $330.1M
YoY Change -59.42% 31.99% 107.21%
Deferred Revenue $65.29M $69.25M
YoY Change 412.14%
Short-Term Debt $182.3M $161.8M $0.00
YoY Change
Long-Term Debt Due $292.6M $298.3M $58.19M
YoY Change 351.44% 412.65% -76.7%
Total Short-Term Liabilities $1.706B $1.911B $571.0M
YoY Change 21.08% 234.72% -25.64%
LONG-TERM LIABILITIES
Long-Term Debt $6.511B $5.898B $4.409B
YoY Change 45.43% 33.75% 22.56%
Other Long-Term Liabilities $55.63M $63.79M $357.4M
YoY Change 13.5% -82.15% 843.49%
Total Long-Term Liabilities $6.566B $5.961B $4.767B
YoY Change 45.08% 25.06% 31.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.706B $1.911B $571.0M
Total Long-Term Liabilities $6.566B $5.961B $4.767B
Total Liabilities $8.723B $8.218B $5.594B
YoY Change 39.28% 46.91% 17.0%
SHAREHOLDERS EQUITY
Retained Earnings $528.0M $331.3M
YoY Change 750.49%
Common Stock $2.050M $2.050M
YoY Change -1.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.640B $1.436B $1.847B
YoY Change
Total Liabilities & Shareholders Equity $10.50B $9.796B $7.441B
YoY Change 36.29% 31.65% 11.64%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $217.2M $61.22M $61.85M
YoY Change 238.71% -1.01% -730.72%
Depreciation, Depletion And Amortization $61.47M $36.71M $36.01M
YoY Change 68.86% 1.92% 50.5%
Cash From Operating Activities $287.6M $33.30M -$79.83M
YoY Change 8.93% -141.71% 181.73%
INVESTING ACTIVITIES
Capital Expenditures $838.2M $726.0M -$345.5M
YoY Change 116.69% -310.16% 76.95%
Acquisitions
YoY Change
Other Investing Activities -$352.0K $27.40M $591.2M
YoY Change -100.07% -95.37% -11924.12%
Cash From Investing Activities -$838.6M -$698.5M $245.7M
YoY Change -840.57% -384.23% -222.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 604.9M 701.5M 23.06M
YoY Change 737.24% 2942.59% -93.0%
NET CHANGE
Cash From Operating Activities 287.6M 33.30M -79.83M
Cash From Investing Activities -838.6M -698.5M 245.7M
Cash From Financing Activities 604.9M 701.5M 23.06M
Net Change In Cash 53.87M 36.30M 189.0M
YoY Change -88.02% -80.79% 87.1%
FREE CASH FLOW
Cash From Operating Activities $287.6M $33.30M -$79.83M
Capital Expenditures $838.2M $726.0M -$345.5M
Free Cash Flow -$550.7M -$692.7M $265.6M
YoY Change 348.29% -360.78% 59.16%

Facts In Submission

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<div style="margin-top:12pt;padding-left:36pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. Organization</span></div><div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">New Fortress Energy Inc. (“NFE,” together with its subsidiaries, the “Company”), a Delaware corporation, is a global energy infrastructure company founded to help address energy poverty and accelerate the world’s transition to reliable, affordable and clean energy. The Company owns and operates natural gas and liquefied natural gas ("LNG") infrastructure, ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. The Company has liquefaction, regasification and power generation operations in the United States, Jamaica, Brazil and Mexico. The Company has marine operations with vessels operating under time charters and in the spot market globally.</span></div><div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company currently conducts its business through two operating segments, Terminals and Infrastructure and Ships. The business and reportable segment information reflect how the Chief Operating Decision Maker (“CODM”) regularly reviews and manages the business.</span></div>
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CY2023Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1080000 usd
CY2022Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
208000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2766000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
655000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5888000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
378000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
13448000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1137000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
89326000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
73389000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
13582000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3654000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
130646000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
135075000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
47672000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
39454000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
8101000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
137439000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
29997000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
75637000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
12427000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
52744000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3041000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
52281000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
436000 usd
CY2023Q3 nfe Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
187505000 usd
CY2023Q3 nfe Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
943000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
545060000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
54945000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
135552000 usd
CY2023Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4075000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
409508000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
50870000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
114536000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
27760000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
294972000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
23110000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M12D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.088
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.085
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.082
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.051
CY2023Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
975000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1841000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
7678000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
17806000 usd
CY2023Q3 nfe Cash Restricted Under Terms Of Loan Agreements
CashRestrictedUnderTermsOfLoanAgreements
3825000 usd
CY2022Q4 nfe Cash Restricted Under Terms Of Loan Agreements
CashRestrictedUnderTermsOfLoanAgreements
124085000 usd
CY2023Q3 nfe Cash Collateral For Performance Under Customer Agreements
CashCollateralForPerformanceUnderCustomerAgreements
62337000 usd
CY2022Q4 nfe Cash Collateral For Performance Under Customer Agreements
CashCollateralForPerformanceUnderCustomerAgreements
41392000 usd
CY2023Q3 nfe Cash Collateral For Interest Rate Swaps
CashCollateralForInterestRateSwaps
0 usd
CY2022Q4 nfe Cash Collateral For Interest Rate Swaps
CashCollateralForInterestRateSwaps
2500000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
66162000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
167977000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
66162000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
165396000 usd
CY2023Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2581000 usd
CY2023Q3 nfe Cash Collateral For Letter Of Credit
CashCollateralForLetterOfCredit
21300000 usd
CY2023Q3 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
73936000 usd
CY2022Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
15398000 usd
CY2023Q3 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
9848000 usd
CY2022Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
8164000 usd
CY2023Q3 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
19547000 usd
CY2022Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
15508000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
103331000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
39070000 usd
us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
26831000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
56380000 usd
CY2023Q3 nfe Recoverable Taxes Current
RecoverableTaxesCurrent
68748000 usd
CY2022Q4 nfe Recoverable Taxes Current
RecoverableTaxesCurrent
37504000 usd
CY2023Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
0 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
104797000 usd
CY2023Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1542000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
698000 usd
CY2023Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
48879000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
18559000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
27504000 usd
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
164559000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
226883000 usd
CY2022Q4 nfe Prepaid Expenses Inventory Current
PrepaidExpensesInventoryCurrent
34882000 usd
CY2023Q3 nfe Prepaid Expenses Inventory Current
PrepaidExpensesInventoryCurrent
0 usd
CY2022Q3 nfe Share Purchase Agreement Payments To Acquire Gross
SharePurchaseAgreementPaymentsToAcquireGross
59000000 brl
CY2022Q3 nfe Share Purchase Agreement Payments To Acquire Gross
SharePurchaseAgreementPaymentsToAcquireGross
12000000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
14209000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
11614000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
392306000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5830000 usd
nfe Equity In Earnings Of Investees
EquityInEarningsOfInvestees
12738000 usd
nfe Sale Of Equity Method Investments
SaleOfEquityMethodInvestments
-260156000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
139058000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
139058000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
392306000 usd
CY2023Q3 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
1548000 usd
CY2022Q3 nfe Number Of Vessels Transferred
NumberOfVesselsTransferred
11 vessel
CY2022Q3 nfe Purchase Agreement Consideration Received
PurchaseAgreementConsiderationReceived
1850000000 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2418608000 usd
nfe Construction In Progress Additions
ConstructionInProgressAdditions
2889770000 usd
nfe Construction In Progress Impact Of Changes In Foreign Exchange Rates
ConstructionInProgressImpactOfChangesInForeignExchangeRates
-13811000 usd
nfe Construction In Progress Assets Placed In Service
ConstructionInProgressAssetsPlacedInService
532390000 usd
CY2023Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
4789799000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
331889000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
248082000 usd
CY2023Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2563871000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2116727000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
36705000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
26326000 usd
us-gaap Depreciation
Depreciation
92980000 usd
us-gaap Depreciation
Depreciation
78393000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
776760000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
776760000 usd
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
157464000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
87723000 usd
nfe Intangible Assets Foreign Currency Translation Gain Loss
IntangibleAssetsForeignCurrencyTranslationGainLoss
-2298000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67443000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
157464000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
69245000 usd
CY2022 nfe Intangible Assets Foreign Currency Translation Gain Loss
IntangibleAssetsForeignCurrencyTranslationGainLoss
-2322000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
85897000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6290000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9287000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19371000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27589000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
0 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
40685000 usd
CY2023Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
23834000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
9773000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
22176000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
28651000 usd
CY2023Q3 nfe Upfront Payments To Customers Non Current
UpfrontPaymentsToCustomersNonCurrent
8715000 usd
CY2022Q4 nfe Upfront Payments To Customers Non Current
UpfrontPaymentsToCustomersNonCurrent
9158000 usd
CY2023Q3 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
7678000 usd
CY2022Q4 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
17806000 usd
CY2023Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
48278000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
35606000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
110681000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
141679000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-374000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
7678000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-672000 usd
CY2022Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-1629000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
539000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-2720000 usd
CY2023Q3 nfe Number Of Natural Gas Sales Contracts
NumberOfNaturalGasSalesContracts
2 contract
CY2023Q3 us-gaap Profit Loss
ProfitLoss
62338000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
56231000 usd
us-gaap Profit Loss
ProfitLoss
334004000 usd
us-gaap Profit Loss
ProfitLoss
118981000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1117000 usd
CY2023Q3 us-gaap Construction Payable Current
ConstructionPayableCurrent
265061000 usd
CY2022Q4 us-gaap Construction Payable Current
ConstructionPayableCurrent
364157000 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
72970000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
51994000 usd
CY2023Q3 nfe Accrued Inventory Current
AccruedInventoryCurrent
29800000 usd
CY2022Q4 nfe Accrued Inventory Current
AccruedInventoryCurrent
45511000 usd
CY2023Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
28378000 usd
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
37739000 usd
CY2023Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
0 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
626310000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
39483000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
36701000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
435692000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1162412000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
20045000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
19458000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
69254000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
12748000 usd
CY2023Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
31180000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6261000 usd
CY2023Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
9112000 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
7499000 usd
CY2023Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
21407000 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 usd
CY2023Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
18746000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
6912000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
169744000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
52878000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5617000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3329000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-11371000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
61221000 usd
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
161835000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 usd
CY2023Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
6168075000 usd
CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
4541685000 usd
CY2023Q3 us-gaap Debt Current
DebtCurrent
270547000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
64820000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5897528000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4476865000 usd
CY2023Q3 nfe Debt Instrument Covenant Maximum Debt To Capitalization Ratio
DebtInstrumentCovenantMaximumDebtToCapitalizationRatio
0.7
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
161835000 usd
CY2023Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0974
CY2023Q3 nfe Financing Interest Expense Non Cash
FinancingInterestExpenseNonCash
37285000 usd
nfe Financing Interest Expense Non Cash
FinancingInterestExpenseNonCash
119648000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.288
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.151
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25194000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9971000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.172
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
17.371
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69476000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-126249000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
61848000 usd
us-gaap Net Income Loss
NetIncomeLoss
330675000 usd
us-gaap Net Income Loss
NetIncomeLoss
130352000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
205032928 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
209629936 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
206249474 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
209749139 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2023Q3 us-gaap Profit Loss
ProfitLoss
62338000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
56231000 usd
us-gaap Profit Loss
ProfitLoss
334004000 usd
us-gaap Profit Loss
ProfitLoss
118981000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1117000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5617000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3329000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-11371000 usd
CY2023Q3 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2022Q3 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
-1113000 usd
us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
61221000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
61848000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
329562000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
130352000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
205032928 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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Files In Submission

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