New Fortress Energy LLC (NFE) Misses Q2 EPS by 2c, Revenues Miss
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New Fortress Energy Announces Second Quarter 2020 Results
August 3, 2020 6:00 AM EDTNEW YORK--(BUSINESS WIRE)-- New Fortress Energy LLC (NASDAQ: NFE) (NFE or the Company) today reported its financial results for the second quarter ending June 30, 2020.
Business Highlights
Operating Margin* of $15.2 million, increasing $17.4 million since the first quarter Record volumes were achieved in the second quarter Average daily volumes sold in Q2 2020 were approximately 978,000 gallons per day which is a 223,000 increase from Q1 2020 Gallons per day volumes are expected to be between 1,700,000 and 2,000,000 on average for the remainder of... More