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New Fortress Energy Inc. (NFE): A Bull Case Theory

We came across a bullish thesis on New Fortress Energy Inc. (NFE) on TheOldEconomy Substack. In this article, we will summarize the bulls’ thesis on NFE. New Fortress Energy Inc. (NFE)'s share was trading at $2.55 as of 2nd June. NFE’s trailing and forward P/E were 8.99 and 212.77 respectively according to Yahoo Finance.

[caption id="attachment_1234604" align="aligncenter" width="768"] An agricultural field full of solar panels, capturing the sun's energy for the company.[/caption]

New Fortress Energy (NFE) recently experienced a sharp decline in its share price and bond values...