New Fortress Energy is a holding company. Through its subsidiaries, Co. is an integrated gas-to-power company. Co. is engaged in providing energy and logistical services to end users worldwide seeking to convert their operating assets from diesel or heavy fuel oil to liquefied natural gas (LNG). Co. sources LNG from a supply agreements with third party suppliers and from its own liquefaction facility in Miami, FL. Co. is developing the infrastructure necessary to supply LNG produced at its own facilities. Co.'s operations are conducted at its LNG storage and regasification terminal at the Port of Montego Bay, Jamaica and at its liquefaction, storage and production facility in Miami, FL. The NFE YTD return is shown above.
The YTD Return on the NFE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether NFE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NFE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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