New Fortress Energy Inc. (NFE): A Bull Case Theory

We came across a bullish thesis on New Fortress Energy Inc. (NFE) on Substack by A Capital Research. In this article, we will summarize the bulls’ thesis on NFE. New Fortress Energy Inc. (NFE)'s share was trading at $13.10 as of Dec 10^th. NFE’s trailing and forward P/E were 14.40 and 212.77 respectively according to Yahoo Finance.

[caption id="attachment_1227643" align="aligncenter" width="768"] A technician making adjustments to a natural gas pipeline entering a processing facility.[/caption]

New Fortress Energy (NFE), a ~$11 billion enterprise value gas-to-power company, is a...