2024 Q3 Form 10-Q Financial Statement

#000174972324000072 Filed on August 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $428.0M $561.3M
YoY Change -23.75% -4.02%
Cost Of Revenue $221.9M $225.8M
YoY Change -1.73% -17.12%
Gross Profit $206.1M $335.6M
YoY Change -38.57% 7.4%
Gross Profit Margin 48.16% 59.78%
Selling, General & Admin $70.58M $55.80M
YoY Change 26.48% 10.92%
% of Gross Profit 34.24% 16.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.63M $30.28M
YoY Change 11.07% 16.63%
% of Gross Profit 16.31% 9.02%
Operating Expenses $70.58M $55.80M
YoY Change 26.48% 10.92%
Operating Profit $44.33M $191.0M
YoY Change -76.79% 42.84%
Interest Expense -$80.40M $64.40M
YoY Change -224.85% 34.61%
% of Operating Profit -181.37% 33.72%
Other Income/Expense, Net -$47.35M $6.584M
YoY Change -819.23% -70.21%
Pretax Income -$83.43M $133.2M
YoY Change -162.65% 23.34%
Income Tax $3.435M $15.32M
% Of Pretax Income 11.51%
Net Earnings -$88.85M $119.2M
YoY Change -174.51% -170.24%
Net Earnings / Revenue -20.76% 21.24%
Basic Earnings Per Share -$0.44 $0.58
Diluted Earnings Per Share -$0.44 $0.58
COMMON SHARES
Basic Shares Outstanding 205.1M shares 205.1M shares 205.0M shares
Diluted Shares Outstanding 205.9M shares 205.7M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $133.0M $104.3M
YoY Change 27.43% -24.57%
Cash & Equivalents $133.0M $104.3M
Short-Term Investments
Other Short-Term Assets $63.14M $24.39M
YoY Change 158.94% -18.09%
Inventory $141.7M $128.4M
Prepaid Expenses $20.01M $18.62M
Receivables $406.8M $275.3M
Other Receivables $123.9M $1.174M
Total Short-Term Assets $1.124B $713.7M
YoY Change 57.54% -3.11%
LONG-TERM ASSETS
Property, Plant & Equipment $9.119B $7.259B
YoY Change 25.62% 83.06%
Goodwill $776.8M $776.8M
YoY Change 0.0% -0.22%
Intangibles $207.7M $74.54M
YoY Change 178.68% -38.44%
Long-Term Investments $0.00 $138.6M
YoY Change -100.0% -85.25%
Other Assets $137.1M $164.2M
YoY Change -16.52% 72.22%
Total Long-Term Assets $10.28B $8.422B
YoY Change 22.12% 29.27%
TOTAL ASSETS
Total Short-Term Assets $1.124B $713.7M
Total Long-Term Assets $10.28B $8.422B
Total Assets $11.41B $9.135B
YoY Change 24.88% 25.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $572.7M $602.8M
YoY Change -4.98% 440.9%
Accrued Expenses $384.5M $821.1M
YoY Change -53.18% 247.15%
Deferred Revenue $96.33M $62.40M
YoY Change 54.37% 104.5%
Short-Term Debt $149.7M $78.03M
YoY Change 91.82%
Long-Term Debt Due $236.1M $394.6M
YoY Change -40.16% 295.6%
Total Short-Term Liabilities $1.565B $2.068B
YoY Change -24.33% 246.96%
LONG-TERM LIABILITIES
Long-Term Debt $7.393B $5.064B
YoY Change 45.98% 24.99%
Other Long-Term Liabilities $46.49M $75.78M
YoY Change -38.65% 24.57%
Total Long-Term Liabilities $7.439B $5.140B
YoY Change 44.73% 24.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.565B $2.068B
Total Long-Term Liabilities $7.439B $5.140B
Total Liabilities $9.623B $7.584B
YoY Change 26.88% 46.45%
SHAREHOLDERS EQUITY
Retained Earnings $450.9M $290.6M
YoY Change 55.17% -554.75%
Common Stock $2.050M $2.050M
YoY Change 0.0% -1.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.560B $1.406B
YoY Change
Total Liabilities & Shareholders Equity $11.41B $9.135B
YoY Change 24.88% 25.98%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income -$88.85M $119.2M
YoY Change -174.51% -170.24%
Depreciation, Depletion And Amortization $33.63M $30.28M
YoY Change 11.07% 16.63%
Cash From Operating Activities $92.92M $303.7M
YoY Change -69.41% 437.1%
INVESTING ACTIVITIES
Capital Expenditures $662.9M $902.4M
YoY Change -26.53% -457.39%
Acquisitions
YoY Change
Other Investing Activities $1.000K -$1.450M
YoY Change -100.07%
Cash From Investing Activities -$662.9M -$903.8M
YoY Change -26.65% 257.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 578.1M 179.4M
YoY Change 222.29% -5.51%
NET CHANGE
Cash From Operating Activities 92.92M 303.7M
Cash From Investing Activities -662.9M -903.8M
Cash From Financing Activities 578.1M 179.4M
Net Change In Cash 8.045M -420.7M
YoY Change -101.91% 6776.84%
FREE CASH FLOW
Cash From Operating Activities $92.92M $303.7M
Capital Expenditures $662.9M $902.4M
Free Cash Flow -$570.0M -$598.6M
YoY Change -4.78% -293.71%

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us-gaap Profit Loss
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nfe Changes In Accounts Payable And Accrued Liabilities Associated With Construction In Progress Costs And Property Plant And Equipment
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Nature Of Operations
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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>
us-gaap Number Of Operating Segments
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ContractWithCustomerAssetNetCurrent
9019000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
8714000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
15751000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
19901000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
24770000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
28615000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
96331000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
65287000 usd
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12375000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
31698000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
108706000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
96985000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
81591000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12748000 usd
CY2024Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
248000 usd
CY2023Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
326000 usd
CY2024Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
24351000 usd
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
28536000 usd
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
43577000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
23270000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
2199000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
21071000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
25282000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
2864000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
22418000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
146803000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
689179000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
687236000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
683546000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
668315000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9399156000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
12274235000 usd
CY2024Q2 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
686683000 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
686683000 usd
CY2024Q2 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
83160000 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
69977000 usd
CY2024Q2 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
603523000 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
616706000 usd
CY2024Q2 nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
42578000 usd
nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
85162000 usd
CY2023Q2 nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
65840000 usd
nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
142364000 usd
CY2024Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
49944000 usd
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
65840000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
93303000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
142364000 usd
CY2024Q2 us-gaap Variable Lease Income
VariableLeaseIncome
2472000 usd
CY2023Q2 us-gaap Variable Lease Income
VariableLeaseIncome
0 usd
us-gaap Variable Lease Income
VariableLeaseIncome
5768000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
0 usd
CY2024Q2 us-gaap Lease Income
LeaseIncome
52416000 usd
CY2023Q2 us-gaap Lease Income
LeaseIncome
65840000 usd
us-gaap Lease Income
LeaseIncome
99071000 usd
us-gaap Lease Income
LeaseIncome
142364000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
653819000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
538055000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
19605000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
50330000 usd
CY2024Q2 nfe Lease Right Of Use Asset
LeaseRightOfUseAsset
673424000 usd
CY2023Q4 nfe Lease Right Of Use Asset
LeaseRightOfUseAsset
588385000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
117114000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
135867000 usd
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3759000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
28681000 usd
CY2024Q2 nfe Lease Liabilities Current
LeaseLiabilitiesCurrent
120873000 usd
CY2023Q4 nfe Lease Liabilities Current
LeaseLiabilitiesCurrent
164548000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
515859000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
390519000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5366000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15975000 usd
CY2024Q2 nfe Lease Liabilities Non Current
LeaseLiabilitiesNonCurrent
521225000 usd
CY2023Q4 nfe Lease Liabilities Non Current
LeaseLiabilitiesNonCurrent
406494000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
5575000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
21470000 usd
CY2024Q1 us-gaap Finance Lease Impairment Loss
FinanceLeaseImpairmentLoss
24339000 usd
CY2024Q1 nfe Finance Lease Lease Liability Writeoff
FinanceLeaseLeaseLiabilityWriteoff
29443000 usd
CY2024Q2 nfe Number Of Operating Leases Terminated
NumberOfOperatingLeasesTerminated
3 turbine
CY2024Q2 us-gaap Finance Lease Impairment Loss
FinanceLeaseImpairmentLoss
23018000 usd
CY2024Q2 nfe Finance Lease Lease Liability Writeoff
FinanceLeaseLeaseLiabilityWriteoff
25762000 usd
CY2024Q2 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
4789000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
43154000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
22858000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
76248000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
39226000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1073000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1004000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
2709000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
1601000 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3564000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2370000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
6590000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
5919000 usd
CY2024Q2 nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
40006000 usd
CY2023Q2 nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
15137000 usd
nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
66008000 usd
nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
30891000 usd
CY2024Q2 nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
5573000 usd
CY2023Q2 nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
9207000 usd
nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
15146000 usd
nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
12048000 usd
CY2024Q2 nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
2212000 usd
CY2023Q2 nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
1888000 usd
nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
4393000 usd
nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
3807000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
22208000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
14449000 usd
us-gaap Lease Cost
LeaseCost
37137000 usd
us-gaap Lease Cost
LeaseCost
18705000 usd
CY2024Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
124000 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1218000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
722000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1686000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
353000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5771000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5324000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7560000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
100246000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
61506000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5332000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5589000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
206344000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
126863000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
47672000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
90964000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2853000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
150729000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4344000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
111613000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2592000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
111185000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
89000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
109378000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
89000 usd
CY2024Q2 nfe Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
327883000 usd
CY2024Q2 nfe Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
851000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
901752000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
10818000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
268779000 usd
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1693000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
632973000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
9125000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
117114000 usd
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3759000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
515859000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5366000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M6D
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y1M6D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.103
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.101
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.052
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.082
CY2024Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-6205000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-7027000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
17121000 usd
CY2023Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
17121000 usd
CY2024Q2 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
8678000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
7678000 usd
CY2024Q2 nfe Cash Restricted Under Terms Of Loan Agreements
CashRestrictedUnderTermsOfLoanAgreements
118176000 usd
CY2023Q4 nfe Cash Restricted Under Terms Of Loan Agreements
CashRestrictedUnderTermsOfLoanAgreements
102079000 usd
CY2024Q2 nfe Cash Collateral For Performance Under Customer Agreements
CashCollateralForPerformanceUnderCustomerAgreements
46712000 usd
CY2023Q4 nfe Cash Collateral For Performance Under Customer Agreements
CashCollateralForPerformanceUnderCustomerAgreements
53321000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
164888000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
155400000 usd
CY2024Q2 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
98507000 usd
CY2023Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
75417000 usd
CY2024Q2 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
10696000 usd
CY2023Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
10121000 usd
CY2024Q2 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
32520000 usd
CY2023Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
28146000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
141723000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
113684000 usd
us-gaap Inventory Write Down
InventoryWriteDown
0 usd
us-gaap Inventory Write Down
InventoryWriteDown
6232000 usd
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
20006000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
31490000 usd
CY2024Q2 nfe Recoverable Taxes Current
RecoverableTaxesCurrent
123879000 usd
CY2023Q4 nfe Recoverable Taxes Current
RecoverableTaxesCurrent
80630000 usd
CY2024Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2019000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
1566000 usd
CY2024Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
68936000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
21265000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
63143000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
78153000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
277983000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
213104000 usd
CY2024Q2 nfe Lease Termination Asset Current
LeaseTerminationAssetCurrent
29537000 usd
CY2024Q2 nfe Lease Termination Liability Current
LeaseTerminationLiabilityCurrent
20319000 usd
CY2022Q3 nfe Number Of Vessels Transferred
NumberOfVesselsTransferred
11 vessel
CY2022Q3 nfe Purchase Agreement Consideration Received
PurchaseAgreementConsiderationReceived
1850000000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
137793000 usd
nfe Equity Method Investment Capital Contributions
EquityMethodInvestmentCapitalContributions
6794000 usd
nfe Equity In Earnings Of Investees
EquityInEarningsOfInvestees
-144587000 usd
CY2024Q2 us-gaap Equity Method Investments
EquityMethodInvestments
0 usd
CY2023Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
5277000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
5348294000 usd
nfe Construction In Progress Additions
ConstructionInProgressAdditions
1127077000 usd
nfe Construction In Progress Impact Of Changes In Foreign Exchange Rates
ConstructionInProgressImpactOfChangesInForeignExchangeRates
93768000 usd
nfe Construction In Progress Transferred To Property Plant And Equipment Net Or Finance Leases
ConstructionInProgressTransferredToPropertyPlantAndEquipmentNetOrFinanceLeases
80441000 usd
CY2024Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
6301162000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
390188000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
377833000 usd
CY2024Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2144838000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2481415000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
33626000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
30275000 usd
us-gaap Depreciation
Depreciation
78151000 usd
us-gaap Depreciation
Depreciation
56275000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
776760000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
776760000 usd
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
230708000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20736000 usd
nfe Intangible Assets Foreign Currency Translation Gain Loss
IntangibleAssetsForeignCurrencyTranslationGainLoss
-2241000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
207731000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
68663000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16513000 usd
CY2023 nfe Intangible Assets Foreign Currency Translation Gain Loss
IntangibleAssetsForeignCurrencyTranslationGainLoss
-335000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
51815000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3435000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6285000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4430000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13081000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
21071000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
22418000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
15751000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
19901000 usd
CY2024Q2 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
8678000 usd
CY2023Q4 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
7678000 usd
CY2024Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
91606000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
76906000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
137106000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
126903000 usd
CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
8678000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
7678000 usd
CY2024Q2 nfe Number Of Project Companies
NumberOfProjectCompanies
2 projectcompany
CY2024Q2 us-gaap Construction Payable Current
ConstructionPayableCurrent
192385000 usd
CY2023Q4 us-gaap Construction Payable Current
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