2024 Q4 Form 10-Q Financial Statement

#000174972324000116 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $567.5M $514.5M
YoY Change 10.32% -29.71%
Cost Of Revenue $333.5M $191.9M
YoY Change 73.79% -50.88%
Gross Profit $234.0M $322.5M
YoY Change -27.45% -5.47%
Gross Profit Margin 41.23% 62.7%
Selling, General & Admin $114.5M $49.11M
YoY Change 133.06% -56.57%
% of Gross Profit 48.91% 15.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.36M $36.71M
YoY Change -3.65% 1.92%
% of Gross Profit 15.11% 11.38%
Operating Expenses $149.8M $49.11M
YoY Change 205.08% -67.01%
Operating Profit $84.18M $149.6M
YoY Change -43.73% -22.23%
Interest Expense -$71.11M $64.82M
YoY Change -209.7% -201.94%
% of Operating Profit -84.48% 43.33%
Other Income/Expense, Net $5.836M $2.271M
YoY Change 156.98% -122.23%
Pretax Income $14.27M $87.04M
YoY Change -83.61% -11.12%
Income Tax $2.953M $25.19M
% Of Pretax Income 20.7% 28.94%
Net Earnings $9.299M $61.22M
YoY Change -84.81% -1.01%
Net Earnings / Revenue 1.64% 11.9%
Basic Earnings Per Share $0.04 $0.30
Diluted Earnings Per Share $0.04 $0.30
COMMON SHARES
Basic Shares Outstanding 251.4M shares 205.1M shares 205.0M shares
Diluted Shares Outstanding 208.9M shares 205.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $171.3M
YoY Change -52.98%
Cash & Equivalents $90.84M $171.3M
Short-Term Investments
Other Short-Term Assets $82.34M $18.56M
YoY Change 343.65% -86.14%
Inventory $88.10M $103.3M
Prepaid Expenses $23.03M $26.83M
Receivables $435.9M $360.8M
Other Receivables $1.542M
Total Short-Term Assets $1.034B $866.2M
YoY Change 19.37% -17.07%
LONG-TERM ASSETS
Property, Plant & Equipment $7.828B
YoY Change 79.6%
Goodwill $776.8M $776.8M
YoY Change 0.0%
Intangibles $206.3M $67.44M
YoY Change 205.84%
Long-Term Investments $0.00 $139.1M
YoY Change -100.0% -86.53%
Other Assets $112.3M $110.7M
YoY Change 1.44% 12.97%
Total Long-Term Assets $10.94B $8.930B
YoY Change 22.46% 39.61%
TOTAL ASSETS
Total Short-Term Assets $1.034B $866.2M
Total Long-Term Assets $10.94B $8.930B
Total Assets $11.97B $9.796B
YoY Change 22.19% 31.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $819.5M $892.9M
YoY Change -8.22% 758.23%
Accrued Expenses $373.9M $435.7M
YoY Change -14.19% 31.99%
Deferred Revenue $121.4M $69.25M
YoY Change 75.24%
Short-Term Debt $195.3M $161.8M
YoY Change 20.7%
Long-Term Debt Due $1.146B $298.3M
YoY Change 284.13% 412.65%
Total Short-Term Liabilities $2.709B $1.911B
YoY Change 41.75% 234.72%
LONG-TERM LIABILITIES
Long-Term Debt $6.863B $5.898B
YoY Change 16.37% 33.75%
Other Long-Term Liabilities $50.25M $63.79M
YoY Change -21.22% -82.15%
Total Long-Term Liabilities $6.913B $5.961B
YoY Change 15.97% 25.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.709B $1.911B
Total Long-Term Liabilities $6.913B $5.961B
Total Liabilities $10.18B $8.218B
YoY Change 23.91% 46.91%
SHAREHOLDERS EQUITY
Retained Earnings $438.5M $331.3M
YoY Change 32.37%
Common Stock $2.050M $2.050M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.564B $1.436B
YoY Change
Total Liabilities & Shareholders Equity $11.97B $9.796B
YoY Change 22.19% 31.65%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $9.299M $61.22M
YoY Change -84.81% -1.01%
Depreciation, Depletion And Amortization $35.36M $36.71M
YoY Change -3.65% 1.92%
Cash From Operating Activities -$16.77M $33.30M
YoY Change -150.35% -141.71%
INVESTING ACTIVITIES
Capital Expenditures $434.9M $726.0M
YoY Change -40.1% -310.16%
Acquisitions
YoY Change
Other Investing Activities $9.054M $27.40M
YoY Change -66.96% -95.37%
Cash From Investing Activities -$425.8M -$698.5M
YoY Change -39.04% -384.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 365.2M 701.5M
YoY Change -47.94% 2942.59%
NET CHANGE
Cash From Operating Activities -16.77M 33.30M
Cash From Investing Activities -425.8M -698.5M
Cash From Financing Activities 365.2M 701.5M
Net Change In Cash -77.41M 36.30M
YoY Change -313.25% -80.79%
FREE CASH FLOW
Cash From Operating Activities -$16.77M $33.30M
Capital Expenditures $434.9M $726.0M
Free Cash Flow -$451.7M -$692.7M
YoY Change -34.8% -360.78%

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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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dei Document Period End Date
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2024-09-30
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us-gaap Asset Impairment Charges
AssetImpairmentCharges
5756000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
nfe Earnings On Third Party Charters
EarningsOnThirdPartyCharters
72539000 usd
CY2024Q3 nfe Other Revenues
OtherRevenues
61819000 usd
CY2023Q3 nfe Other Revenues
OtherRevenues
26307000 usd
nfe Other Revenues
OtherRevenues
180349000 usd
nfe Other Revenues
OtherRevenues
28112000 usd
CY2024Q3 nfe Revenue From Contract With Customer Trade Receivables
RevenueFromContractWithCustomerTradeReceivables
429130000 usd
CY2023Q4 nfe Revenue From Contract With Customer Trade Receivables
RevenueFromContractWithCustomerTradeReceivables
331108000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9859000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1158000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11595000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
56996000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
8714000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
17745000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
19901000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
74741000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
28615000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
121361000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
65287000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
11750000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
31698000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
133111000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
96985000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
82062000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12748000 usd
CY2024Q3 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
221000 usd
CY2023Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
326000 usd
CY2024Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
22180000 usd
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
28536000 usd
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
43577000 usd
CY2024Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
23349000 usd
CY2024Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
2205000 usd
CY2024Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
21144000 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
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
76690000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
711529000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
709586000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
705896000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
690665000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9529656000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
12424022000 usd
CY2024Q3 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
CY2024Q3 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
89751000 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
69977000 usd
CY2024Q3 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
596932000 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
616706000 usd
CY2024Q3 nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
17407000 usd
nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
102569000 usd
CY2023Q3 nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
66557000 usd
nfe Revenue From Third Party Charters
RevenueFromThirdPartyCharters
208921000 usd
CY2024Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
50537000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
66557000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
143840000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
208921000 usd
CY2024Q3 us-gaap Variable Lease Income
VariableLeaseIncome
9131000 usd
CY2023Q3 us-gaap Variable Lease Income
VariableLeaseIncome
730000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
14899000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
730000 usd
CY2024Q3 us-gaap Lease Income
LeaseIncome
59668000 usd
CY2023Q3 us-gaap Lease Income
LeaseIncome
67287000 usd
us-gaap Lease Income
LeaseIncome
158739000 usd
us-gaap Lease Income
LeaseIncome
209651000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
621807000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
538055000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
19171000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
50330000 usd
CY2024Q3 nfe Lease Right Of Use Asset
LeaseRightOfUseAsset
640978000 usd
CY2023Q4 nfe Lease Right Of Use Asset
LeaseRightOfUseAsset
588385000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
116898000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
135867000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4051000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
28681000 usd
CY2024Q3 nfe Lease Liabilities Current
LeaseLiabilitiesCurrent
120949000 usd
CY2023Q4 nfe Lease Liabilities Current
LeaseLiabilitiesCurrent
164548000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
490010000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
390519000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4212000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15975000 usd
CY2024Q3 nfe Lease Liabilities Non Current
LeaseLiabilitiesNonCurrent
494222000 usd
CY2023Q4 nfe Lease Liabilities Non Current
LeaseLiabilitiesNonCurrent
406494000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
6754000 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
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
44501000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
33840000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
120749000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
73066000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
1435000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
2709000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
3036000 usd
CY2024Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1870000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
11502000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
8460000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
17421000 usd
CY2024Q3 nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
43790000 usd
CY2023Q3 nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
28409000 usd
nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
109798000 usd
nfe Lease Cost Related Cost Of Sales
LeaseCostRelatedCostOfSales
59300000 usd
CY2024Q3 nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
1104000 usd
CY2023Q3 nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
16274000 usd
nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
16250000 usd
nfe Lease Cost Related To Operations And Maintenance
LeaseCostRelatedToOperationsAndMaintenance
28322000 usd
CY2024Q3 nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
1477000 usd
CY2023Q3 nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
2094000 usd
nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
5870000 usd
nfe Lease Cost Related To Selling General And Administrative Expenses
LeaseCostRelatedToSellingGeneralAndAdministrativeExpenses
5901000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
9522000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
8111000 usd
us-gaap Lease Cost
LeaseCost
46659000 usd
us-gaap Lease Cost
LeaseCost
26816000 usd
CY2024Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
150000 usd
CY2023Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1080000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
872000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2766000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
471000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5888000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5795000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
13448000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
141021000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
89326000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6713000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
13582000 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
130646000 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
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
49537000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1585000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
150100000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4344000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
111200000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2592000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
110846000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
89000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
109230000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
89000 usd
CY2024Q3 nfe Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
327747000 usd
CY2024Q3 nfe Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
852000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
858660000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
9551000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
251752000 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1288000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
606908000 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
8263000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
116898000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4051000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
490010000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4212000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2024Q3 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
CY2024Q3 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
CY2024Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-460000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
9634000 usd
CY2024Q3 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
CY2024Q3 nfe Cash Restricted Under Terms Of Loan Agreements
CashRestrictedUnderTermsOfLoanAgreements
87851000 usd
CY2023Q4 nfe Cash Restricted Under Terms Of Loan Agreements
CashRestrictedUnderTermsOfLoanAgreements
102079000 usd
CY2024Q3 nfe Cash Collateral For Performance Under Customer Agreements
CashCollateralForPerformanceUnderCustomerAgreements
58030000 usd
CY2023Q4 nfe Cash Collateral For Performance Under Customer Agreements
CashCollateralForPerformanceUnderCustomerAgreements
53321000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
145881000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
155400000 usd
CY2024Q3 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
51161000 usd
CY2023Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
75417000 usd
CY2024Q3 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
9964000 usd
CY2023Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
10121000 usd
CY2024Q3 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
26970000 usd
CY2023Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
28146000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
88095000 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
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
23025000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
31490000 usd
CY2024Q3 nfe Recoverable Taxes Current
RecoverableTaxesCurrent
97843000 usd
CY2023Q4 nfe Recoverable Taxes Current
RecoverableTaxesCurrent
80630000 usd
CY2024Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2329000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
1566000 usd
CY2024Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
67721000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
21265000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
82337000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
78153000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
273255000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
213104000 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
CY2024Q3 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
1858735000 usd
nfe Construction In Progress Impact Of Changes In Foreign Exchange Rates
ConstructionInProgressImpactOfChangesInForeignExchangeRates
75250000 usd
nfe Construction In Progress Transferred To Property Plant And Equipment Net Or Finance Leases
ConstructionInProgressTransferredToPropertyPlantAndEquipmentNetOrFinanceLeases
80482000 usd
CY2024Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
7051297000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
422158000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
377833000 usd
CY2024Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2134987000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2481415000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
32017000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
36705000 usd
us-gaap Depreciation
Depreciation
110167000 usd
us-gaap Depreciation
Depreciation
92980000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
776760000 usd
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
244389000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23863000 usd
nfe Intangible Assets Foreign Currency Translation Gain Loss
IntangibleAssetsForeignCurrencyTranslationGainLoss
-14260000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
206266000 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
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2876000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6290000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7307000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19371000 usd
CY2024Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
21144000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
22418000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
17745000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
19901000 usd
CY2024Q3 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
8678000 usd
CY2023Q4 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
7678000 usd
CY2024Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
64705000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
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