New Fortress Energy Inc. (NFE) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 13, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 33.27% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
280M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

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

Outstanding Shares
Total Supply

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
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