New Fortress Energy (NFE) Competitors

$27.48
+0.99 (+3.74%)
(As of 05/9/2024 ET)

NFE vs. NFG, UGP, NJR, OGS, SR, EE, BEPC, MGY, CPG, and VAL

Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include National Fuel Gas (NFG), Ultrapar Participações (UGP), New Jersey Resources (NJR), ONE Gas (OGS), Spire (SR), Excelerate Energy (EE), Brookfield Renewable (BEPC), Magnolia Oil & Gas (MGY), Crescent Point Energy (CPG), and Valaris (VAL).

New Fortress Energy vs.

National Fuel Gas (NYSE:NFG) and New Fortress Energy (NASDAQ:NFE) are both mid-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their risk, media sentiment, community ranking, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

National Fuel Gas presently has a consensus price target of $61.25, indicating a potential upside of 9.34%. New Fortress Energy has a consensus price target of $38.57, indicating a potential upside of 44.25%. Given National Fuel Gas' higher possible upside, analysts clearly believe New Fortress Energy is more favorable than National Fuel Gas.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Fuel Gas
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
New Fortress Energy
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

National Fuel Gas has a net margin of 23.84% compared to National Fuel Gas' net margin of 22.70%. National Fuel Gas' return on equity of 36.16% beat New Fortress Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
National Fuel Gas23.84% 15.06% 5.54%
New Fortress Energy 22.70%36.16%6.10%

National Fuel Gas pays an annual dividend of $1.98 per share and has a dividend yield of 3.5%. New Fortress Energy pays an annual dividend of $0.40 per share and has a dividend yield of 1.4%. National Fuel Gas pays out 39.3% of its earnings in the form of a dividend. New Fortress Energy pays out 15.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. National Fuel Gas has raised its dividend for 54 consecutive years. National Fuel Gas is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, New Fortress Energy had 12 more articles in the media than National Fuel Gas. MarketBeat recorded 19 mentions for New Fortress Energy and 7 mentions for National Fuel Gas. New Fortress Energy's average media sentiment score of 0.75 beat National Fuel Gas' score of 0.06 indicating that National Fuel Gas is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Fuel Gas
4 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
New Fortress Energy
7 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

New Fortress Energy has higher revenue and earnings than National Fuel Gas. New Fortress Energy is trading at a lower price-to-earnings ratio than National Fuel Gas, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Fuel Gas$2.17B2.37$476.87M$5.0411.12
New Fortress Energy$2.41B2.34$547.88M$2.6510.42

74.0% of National Fuel Gas shares are owned by institutional investors. Comparatively, 58.6% of New Fortress Energy shares are owned by institutional investors. 1.6% of National Fuel Gas shares are owned by company insiders. Comparatively, 37.1% of New Fortress Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

National Fuel Gas received 335 more outperform votes than New Fortress Energy when rated by MarketBeat users. Likewise, 65.78% of users gave National Fuel Gas an outperform vote while only 55.50% of users gave New Fortress Energy an outperform vote.

CompanyUnderperformOutperform
National Fuel GasOutperform Votes
446
65.78%
Underperform Votes
232
34.22%
New Fortress EnergyOutperform Votes
111
55.50%
Underperform Votes
89
44.50%

National Fuel Gas has a beta of 0.63, suggesting that its stock price is 37% less volatile than the S&P 500. Comparatively, New Fortress Energy has a beta of 1.56, suggesting that its stock price is 56% more volatile than the S&P 500.

Summary

National Fuel Gas beats New Fortress Energy on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NFE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NFE vs. The Competition

MetricNew Fortress EnergyNatural gas distribution IndustryEnergy SectorNASDAQ Exchange
Market Cap$5.66B$7.89B$8.14B$7.78B
Dividend Yield1.50%3.62%11.51%3.96%
P/E Ratio10.4237.8417.8418.93
Price / Sales2.341.9595.9081.46
Price / Cash7.187.7910.8728.61
Price / Book3.182.223.484.60
Net Income$547.88M$1.17B$994.26M$217.41M
7 Day Performance6.69%0.67%1.87%1.31%
1 Month Performance-8.52%0.71%-2.12%-2.37%
1 Year Performance-8.97%-3.16%7.96%9.65%

New Fortress Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NFG
National Fuel Gas
4.5725 of 5 stars
$55.75
+0.3%
$61.25
+9.9%
+4.1%$5.12B$2.17B11.062,240Analyst Forecast
UGP
Ultrapar Participações
0.966 of 5 stars
$5.27
+1.5%
$4.37
-17.1%
+60.3%$5.88B$25.25B11.719,729News Coverage
NJR
New Jersey Resources
2.5926 of 5 stars
$44.87
+0.3%
$45.00
+0.3%
-12.0%$4.41B$1.96B18.391,350Analyst Downgrade
News Coverage
OGS
ONE Gas
3.8817 of 5 stars
$64.84
-0.4%
$64.56
-0.4%
-20.3%$3.67B$2.37B15.663,900Earnings Report
Dividend Announcement
SR
Spire
3.7847 of 5 stars
$61.81
+1.0%
$61.72
-0.1%
-9.9%$3.57B$2.67B15.613,589
EE
Excelerate Energy
1.9462 of 5 stars
$18.11
+0.9%
$22.75
+25.7%
-15.9%$1.96B$1.16B17.58915Dividend Announcement
News Coverage
BEPC
Brookfield Renewable
4.3422 of 5 stars
$29.65
+0.1%
$34.00
+14.7%
-14.7%$5.33B$5.04B-92.661,890Upcoming Earnings
Dividend Announcement
MGY
Magnolia Oil & Gas
3.0953 of 5 stars
$25.81
+0.5%
$27.63
+7.0%
+29.9%$5.27B$1.23B12.59247Dividend Announcement
Analyst Revision
News Coverage
CPG
Crescent Point Energy
4.2809 of 5 stars
$8.85
+0.3%
$13.75
+55.4%
+25.5%$5.48B$2.59B12.64777Upcoming Earnings
Analyst Forecast
Analyst Revision
News Coverage
VAL
Valaris
3.1522 of 5 stars
$71.90
+1.6%
$100.00
+39.1%
+25.4%$5.21B$1.78B6.295,985Analyst Revision

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This page (NASDAQ:NFE) was last updated on 5/9/2024 by MarketBeat.com Staff

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