Massive Gains for New Fortress Energy! But What Lies Ahead?
As New Fortress Energy Inc. (NASDAQ:NFE) shares surge 58% over three months, investors wonder if this trend can reverse a dismal year. The stock suffered a staggering 60% drop over…
New Fortress Energy is a company focused on providing natural gas solutions, primarily through the development and operation of infrastructure and logistics for natural gas delivery. The company is involved in the supply chain of natural gas, including sourcing, transporting, and processing gas to be used as an energy source. New Fortress Energy aims to facilitate the transition to cleaner energy by promoting the use of natural gas, which is considered a more environmentally friendly alternative to other fossil fuels. The company’s operations may include the construction of terminals, pipelines, and receiving stations to ensure efficient distribution of natural gas to various consumers, including power plants and industrial users.
As New Fortress Energy Inc. (NASDAQ:NFE) shares surge 58% over three months, investors wonder if this trend can reverse a dismal year. The stock suffered a staggering 60% drop over…