Reported about 1 month ago
The article discusses a bullish investment thesis around New Fortress Energy Inc. (NFE), highlighting its recent decline in share price following a poor Q1 2025 report, yet emphasizing potential turnaround opportunities. NFE plans to bolster liquidity by selling its Jamaican assets for around $1 billion and aims to restructure debt to reduce leverage, focusing on project-level financing. The bonds due in 2026 are viewed as a safer investment, whereas the 2029 bonds present a high-risk, high-reward opportunity. Despite operational challenges, especially in Puerto Rico, the company's precious assets and strategic moves position it for potential growth, making it a compelling option for speculative investors.
Source: YAHOO