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

We came across a bullish thesis on New Fortress Energy Inc. (NFE) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on NFE. New Fortress Energy Inc. (NFE)'s share was trading at $9.87 as of March 7^th. NFE’s trailing and forward P/E were 8.99 and 212.77 respectively according to Yahoo Finance.

[caption id="attachment_1196408" align="aligncenter" width="768"] Close-up of a liquefied natural gas terminal expelling plumes of smoke.[/caption]

New Fortress Energy (NFE) reported $331 million in EBITDA for the quarter, driven by opportunistic...