New Fortress Energy Inc. (NFE) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NFE currently has 278M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 33.27% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 13, 2026 |
10-K filing | 278.5M shares outstanding |
280M | 0 |
| Sep 05, 2025 |
10-Q filing | 274.4M shares outstanding |
270M | 0 |
| Jun 30, 2025 |
10-Q filing | 273.6M shares outstanding |
270M | 0 |
| Mar 10, 2025 |
10-K filing | 273.8M shares outstanding |
270M | 0 |
| Feb 14, 2025 |
8-K filing: New Fortress Energy Inc. filed a prospectus supplement registering the resale of up to 14,455,006 shares of its Class A common stock by selling securityholders, which shares were originally issued on December 6, 2024, in satisfaction of commitment fee obligations. |
250M | 0 |
| Jan 10, 2025 |
8-K filing: New Fortress Energy Inc. received a conversion notice for 20,000 shares of Preferred Stock requiring the delivery of 2,208,612 shares of Class A common stock by January 21, 2025. Previously, 1,673,674 Shares were delivered on January 3, 2025 upon conversion of 15,000 shares of Preferred Stock. The remaining 61,746 shares of Preferred Stock are convertible into up to 6,895,873 Shares. |
250M | 0 |
| Dec 11, 2024 |
8-K filing: New Fortress Energy Inc. issued 15,700,998 shares of its Class A common stock to Supporting Holders in satisfaction of its commitment fee obligations under the Amended Exchange and Subscription Agreement on December 6, 2024. |
250M | 0 |
| Nov 27, 2024 |
8-K filing: New Fortress Energy Inc., through its subsidiary NFE Financing, issued $1.207 billion of 12.000% Senior Secured Notes due 2029 and will issue approximately 7 million shares of Class A Common Stock in exchange for existing notes on or about December 3, 2024. |
250M | 0 |
| Nov 12, 2024 |
10-Q filing | 251.4M shares outstanding |
250M | 0 |
| Oct 04, 2024 |
8-K filing: New Fortress Energy Inc. filed a prospectus supplement registering the resale of up to 10,804,718 shares of its Class A common stock by Ceiba Energy US LP, issuable upon conversion of the 4.8% Series B Convertible Preferred Stock. |
210M | 0 |
| Oct 02, 2024 |
8-K filing: New Fortress Energy Inc. completed a public offering of 46,349,942 shares of Class A common stock at $8.63 per share, with Wesley R. Edens purchasing 5,793,742 shares, and also completed an exchange of preferred stock with Ceiba Energy, designating 96,746 shares of Series B Convertible Preferred Stock. ($449.84M proceeds) |
210M | 0 |
| Oct 01, 2024 |
8-K filing: New Fortress Energy Inc. entered into a Transaction Support Agreement which includes a sale of common equity yielding gross cash proceeds to the Company of not less than $250.0 million and expects to issue shares of its 4.8% Series B Convertible Preferred Stock on or about October 1, 2024. |
210M | 0 |
| Oct 01, 2024 |
8-K filing: New Fortress Energy Inc. priced its underwritten public offering of 46,349,942 shares of its Class A common stock at a public offering price of $8.63 per share, with Wesley R. Edens agreeing to purchase 5,793,742 shares at the same price. ($450.0M proceeds) |
210M | 0 |
| Sep 27, 2024 |
8-K filing: New Fortress Energy Inc. entered into an Exchange Agreement with Ceiba Energy US LP to issue 96,746 shares of its 4.8% Series B Convertible Preferred Stock in exchange for all outstanding shares of the Company's Series A Preferred Stock. |
210M | 0 |
| Aug 09, 2024 |
10-Q filing | 205.1M shares outstanding |
210M | 0 |
| May 09, 2024 |
10-Q filing | 205.1M shares outstanding |
210M | 0 |
| Mar 27, 2024 |
8-K filing: New Fortress Energy Inc. filed a prospectus supplement registering the resale of up to an aggregate of 2,064,517 shares of the Company's Class A common stock, which may be used by Ceiba Energy US LP to resell the Shares covered thereby. |
210M | 0 |
| Mar 25, 2024 |
8-K filing: New Fortress Energy Inc. completed its previously disclosed transactions pursuant to the Share Exchange Agreement, issuing 96,746 shares of its Series A Convertible Preferred Stock to Ceiba Energy in exchange for all outstanding equity interests in Portocem. |
210M | 0 |
| Feb 29, 2024 |
10-K filing | 205.9M shares outstanding |
210M | 0 |
| Dec 28, 2023 |
8-K filing: New Fortress Energy Inc. entered into a definitive agreement with Ceiba Energy and Portocem, agreeing to issue approximately 95,000 shares of 5.0% Series A Convertible Preferred Stock and assume certain of Portocem's existing indebtedness in exchange for all outstanding equity interests in Portocem. |
210M | 0 |
| Nov 09, 2023 |
10-Q filing | 205.0M shares outstanding |
210M | 0 |
| Aug 08, 2023 |
10-Q filing | 205.0M shares outstanding |
210M | 0 |
| May 04, 2023 |
10-Q filing | 208.7M shares outstanding |
210M | 0 |
| Mar 01, 2023 |
10-K filing | 209.5M shares outstanding |
210M | 0 |
| Dec 16, 2022 |
8-K filing: New Fortress Energy Inc. entered into an Underwriting Agreement with Energy Transition Holdings LLC, as selling stockholder, and J.P. Morgan Securities LLC, as underwriter, in connection with the offer and sale by the Selling Stockholder of 6,900,000 shares of Class A Common Stock. |
210M | 0 |
| Nov 08, 2022 |
10-Q filing | 209.6M shares outstanding |
210M | 0 |
| Aug 05, 2022 |
10-Q filing | 209.7M shares outstanding |
210M | 0 |
| May 06, 2022 |
10-Q filing | 209.9M shares outstanding |
210M | 0 |
| Mar 01, 2022 |
10-K filing | 201.7M shares outstanding |
200M | 0 |
| Nov 03, 2021 |
10-Q filing | 207.5M shares outstanding |
210M | 0 |
| Aug 06, 2021 |
10-Q filing | 202.3M shares outstanding |
200M | 0 |
| Jul 09, 2021 |
8-K filing: New Fortress Energy Inc. filed a prospectus supplement to register the resale of up to 29,599,403 shares of Class A common stock by certain selling stockholders. |
210M | 0 |
| May 07, 2021 |
10-Q filing | 206.7M shares outstanding |
210M | 0 |
| Apr 21, 2021 |
8-K filing: NFE issued 18,627,451 shares of Common Stock to GLNG and 12,745,098 shares of Common Stock to Stonepeak as partial consideration for the Hygo Merger. |
180M | 0 |
| Mar 16, 2021 |
10-K filing | 176.0M shares outstanding |
180M | 0 |
| Jan 20, 2021 |
8-K filing: New Fortress Energy Inc. will issue 18,627,451 shares of common stock to GLNG and 12,745,098 shares of common stock to Stonepeak as partial consideration for the Hygo Merger. |
170M | 0 |
| Dec 18, 2020 |
8-K filing: New Fortress Energy Inc. closed a private offering of $250.0 million aggregate principal amount of additional 6.750% senior secured notes due 2025 and closed an underwritten public offering of 5,482,352 shares of its Class A common stock. |
170M | 0 |
| Oct 29, 2020 |
10-Q filing | 168.7M shares outstanding |
170M | 0 |
| Aug 07, 2020 |
POS AM filing: This is a post-effective amendment to a registration statement for the offer and sale of up to 144,933,041 shares of Class A common stock by certain stockholders. |
170M | 0 |
| Aug 04, 2020 |
10-Q filing | 168.7M shares outstanding |
170M | 0 |
| Jun 09, 2020 |
8-K filing: New Fortress Energy LLC will issue 144,342,572 Class A Shares in connection with the Exchange Transactions. |
24M | 150M |
| May 06, 2020 |
10-Q filing | 24.2M shares outstanding |
24M | 140M |
| May 06, 2020 |
S-3/A filing: New Fortress Energy LLC is offering Class A shares, preferred shares, depositary shares, debt securities and warrants, with selling securityholders also offering Class A shares, up to an aggregate public offering price of $250,000,000. |
24M | 150M |
| Mar 05, 2020 |
S-3 filing: New Fortress Energy LLC is offering Class A shares, preferred shares, depositary shares, debt securities, and warrants up to an aggregate public offering price of $250,000,000. The selling securityholders may also offer and sell up to 145,050,664 Class A shares from time to time. |
24M | 150M |
| Mar 04, 2020 |
10-K filing | 23.6M shares outstanding |
24M | 0 |