Wesley Robert Edens (born October 30, 1961) is an American billionaire businessman and private equity investor. He is the co-founder of Fortress Investment Group and founder of New Fortress Energy. Edens is co-owner of the Milwaukee Bucks franchise of the NBA based in Milwaukee, Wisconsin. While Edens was co-owner, the Bucks won the 2021 NBA championship. He is also the co-owner of association football holding company V Sports alongside Nassef Sawiris, whose assets include ownership of Premier League football club Aston Villa and a 29% stake in Portuguese Primeira Liga team Vitória S.C.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| NFE | New Fortress Energy Inc. | 2026-04-17 15:43:11 | 0.69 | 0.01 | 1.66 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NFE | 0001749723 | New Fortress Energy Inc. | US6443931000 | 254900EICTYTCHA5X705 | 831482060 | Nasdaq | 4924 | Natural Gas Distribution | 1231 | DE | 111 W. 19TH STREET | NEW YORK | NY | 10011 | UNITED STATES | US | (516) 268-7400 | 111 W. 19TH STREET, NEW YORK, NY, 10011 | 111 W. 19TH STREET, NEW YORK, NY, 10011 | New Fortress Energy LLC | — | — | — | 231 | http://newfortressenergy.com | 557,500,000 | 284,600,000 | 285,634,650 | Wesley Robert Edens (born October 30, 1961) is an American billionaire businessman and private equity investor. He is the co-founder of Fortress Investment Group and founder of New Fortress Energy. Edens is co-owner of the Milwaukee Bucks franchise of the NBA based in Milwaukee, Wisconsin. While Edens was co-owner, the Bucks won the 2021 NBA championship. He is also the co-owner of association football holding company V Sports alongside Nassef Sawiris, whose assets include ownership of Premier League football club Aston Villa and a 29% stake in Portuguese Primeira Liga team Vitória S.C. | 2026-04-16 19:06:48 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 557,500,000 | -1,717,100,000 | -75.4902 | 285,634,650 | 11,862,839 | 4.3331 |
| 2024 | 2,274,600,000 | -501,400,000 | -18.062 | 273,771,811 | 68,738,254 | 33.5254 |
| 2023 | 2,776,000,000 | -1,152,700,000 | -29.3405 | 205,033,557 | -3,736,531 | -1.7898 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Yunyoung Shin | Chief Accounting Officer | 2024 | 250,000 | 1,500,000 | 3,636,299 | — | 0 | 5,386,299 |
| Andrew Dete | President | 2024 | 250,000 | 3,500,000 | 42,503,501 | — | 0 | 46,253,501 |
| Wesley R. Edens | Chief Executive Officer | 2024 | 0 | 0 | 0 | — | 0 | 0 |
| Christopher S. Guinta | Chief Financial Officer | 2024 | 350,000 | 6,000,000 | 5,300,718 | — | 0 | 11,650,718 |
| Wesley R. Edens | Chief Executive Officer | 2023 | 0 | 0 | 0 | — | 0 | 0 |
| Fiscal Year | Employee Count |
|---|---|
| 2022 | 577 |
| 2021 | 671 |
| 2020 | 231 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 1,504,037,000 | 2,364,860,000 | 2,413,296,000 |
| Cost Of Revenue | 918,603,000 | 1,064,667,000 | 877,451,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 307,442,000 | 285,520,000 | 205,104,000 |
| Operating Expenses | 2,624,451,000 | 1,826,221,000 | 1,470,629,000 |
| Operating Income | -1,120,414,000 | 538,639,000 | 942,667,000 |
| Net Income | -1,831,953,000 | -242,387,000 | 547,882,000 |
| Earnings Per Share Basic | -6.63 | -1.24 | 2.66 |
| Earnings Per Share Diluted | -6.63 | -1.25 | 2.65 |
| Weighted Average Shares Outstanding Basic | 278,474,487 | 217,578,487 | 205,942,837 |
| Weighted Average Shares Outstanding Diluted | 278,474,487 | 218,622,419 | 206,481,977 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 226,453,000 | 492,881,000 | 155,414,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 451,962,000 | 335,813,000 | 342,371,000 |
| Inventories | 119,447,000 | 103,224,000 | 113,684,000 |
| Non Trade Receivables | 15,963,000 | — | — |
| Other Assets Current | 49,152,000 | 31,199,000 | 78,153,000 |
| Total Assets Current | 1,328,698,000 | 1,610,110,000 | 979,973,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | 140,804,000 | 272,899,000 | 126,903,000 |
| Total Assets Non Current | 9,226,925,000 | 11,257,386,000 | 9,521,272,000 |
| Total Assets | 10,555,623,000 | 12,867,496,000 | 10,501,245,000 |
| Accounts Payable | 731,619,000 | 473,736,000 | 549,489,000 |
| Deferred Revenue | 14,133,000 | 14,415,000 | 65,287,000 |
| Short Term Debt | 73,224,000 | 539,132,000 | 292,625,000 |
| Other Liabilities Current | 177,809,000 | 174,829,000 | 227,951,000 |
| Total Liabilities Current | 8,652,938,000 | 1,707,418,000 | 1,706,288,000 |
| Long Term Debt | 8,178,919,000 | 8,894,835,000 | 6,803,148,000 |
| Other Liabilities Non Current | 92,291,000 | 166,358,000 | 55,627,000 |
| Total Liabilities Non Current | 1,593,054,000 | 9,070,420,000 | 7,017,088,000 |
| Total Liabilities | 10,245,992,000 | 10,777,838,000 | 8,723,376,000 |
| Common Stock | 2,845,000 | 2,664,000 | 2,050,000 |
| Retained Earnings | -1,650,592,000 | 196,363,000 | 527,986,000 |
| Accumulated Other Comprehensive Income | 54,088,000 | 3,089,000 | 71,528,000 |
| Total Shareholders Equity | 182,647,000 | 1,876,428,000 | 1,640,094,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 203,508,000 | 162,014,000 | 187,324,000 |
| Share Based Compensation Expense | 14,546,000 | 50,625,000 | 1,573,000 |
| Other Non Cash Income Expense | -93,000 | -153,338,000 | -21,438,000 |
| Change In Accounts Receivable | 216,387,000 | -64,726,000 | 41,019,000 |
| Change In Inventories | 38,360,000 | 2,751,000 | 39,790,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 62,021,000 | 65,445,000 | -41,828,000 |
| Change In Accounts Payable | 513,528,000 | 187,792,000 | 78,065,000 |
| Change In Other Liabilities | -32,011,000 | -37,171,000 | 141,335,000 |
| Cash From Operating Activities | -583,382,000 | 586,742,000 | 824,756,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 650,811,000 | 2,621,234,000 | 3,029,834,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | -4,709,000 | -22,887,000 | -9,227,000 |
| Cash From Investing Activities | 465,763,000 | -2,074,647,000 | -2,904,143,000 |
| Tax Withholding For Share Based Compensation | — | — | 9,519,000 |
| Payments Of Dividends | 3,472,000 | 65,310,000 | 723,962,000 |
| Issuance Of Common Stock | 0 | 386,583,000 | — |
| Repurchase Of Common Stock | — | — | — |
| Issuance Of Long Term Debt | 100,000,000 | 350,000,000 | 62,928,000 |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | -22,539,000 | -14,248,000 | -18,642,000 |
| Cash From Financing Activities | -543,640,000 | 2,224,568,000 | 1,528,950,000 |
| Change In Cash | -608,635,000 | 654,763,000 | -544,269,000 |
| Cash At End Of Period | 226,453,000 | 492,881,000 | 155,414,000 |
| Income Taxes Paid | 109,091,000 | 27,932,000 | 52,897,000 |
| Interest Paid | 352,242,000 | 105,784,000 | 100,304,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | -6.63 | -1.24 | 2.66 |
| Price To Earnings Ratio | -0.1719 | -12.1935 | 14.1842 |
| Earnings Growth Rate | 434.6774 | -146.6165 | 186.0215 |
| Price Earnings To Growth Ratio | -0.0004 | 0.0832 | 0.0763 |
| Book Value Per Share | 1.1119 | 9.6042 | 8.6328 |
| Price To Book Ratio | 1.0253 | 1.5743 | 4.3705 |
| Ebitda | -741,509,000 | 275,936,000 | 1,065,945,000 |
| Enterprise Value | 8,343,150,915.18 | 12,230,872,723.44 | 14,710,582,240.01 |
| Dividend Yield | 0.0109 | 0.0199 | 0.0932 |
| Dividend Payout Ratio | -0.0019 | -0.2694 | 1.3214 |
| Debt To Equity Ratio | 45.1808 | 5.0276 | 4.3264 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | -10.03 | -0.1292 | 0.3341 |
| One Year Beta | 2.1244 | 0.9242 | 1.3631 |
| Three Year Beta | 1.6643 | 1.2705 | 1.4437 |
| Five Year Beta | 1.5545 | 1.1067 | 1.1117 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Lowe Michael Thomas | Chief Accounting Officer | 2026-02-03 | 8,089 | A | 21,402 |
| Lowe Michael Thomas | Chief Accounting Officer | 2026-02-03 | 4,916 | D | 16,486 |
| Guinta Christopher S. | Chief Financial Officer | 2026-02-03 | 162,300 | A | 368,953 |
| Guinta Christopher S. | Chief Financial Officer | 2026-02-03 | 35,711 | D | 333,242 |
| Shin Yunyoung | Chief Accounting Officer | 2025-04-21 | 44,558 | D | 83,557 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Maria Elvira Salazar | 2024-06-10 | FL27 | Sale | 2024-05-01 | Spouse | $15,001 - $50,000 |
| Maria Elvira Salazar | 2023-11-08 | FL27 | Purchase | 2023-10-24 | Spouse | $15,001 - $50,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| WEBSTER BANK, N. A. | 2026-03-31 | 23,988 | 40,658 | 0.59 |
| EVOLVE PRIVATE WEALTH, LLC | 2026-03-31 | 11,491 | 19,477 | 0.59 |
| SG Americas Securities, LLC | 2026-03-31 | 39,000 | 65,728 | 0.5934 |
| FNY Investment Advisers, LLC | 2026-03-31 | 1,000 | 2,000 | 0.5 |
| Merit Financial Group, LLC | 2026-03-31 | 6,135 | 10,400 | 0.5899 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Global X Funds | 2026-01-31 | Global X Russell 2000 ETF | RSSL | 78,257 | 104,081.81 | 0.0075 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2026-01-31 | Invesco RAFI US 1500 Small-Mid ETF | PRFZ | 1,027,157 | 1,366,118.81 | 0.0511 |
| PRIMECAP Odyssey Funds | 2026-01-31 | PRIMECAP Odyssey Aggressive Growth Fund | POAGX | 800,000 | 1,064,000 | 0.0154 |
| ProFunds | 2026-01-31 | SMALL-CAP PROFUND SERVICE CLASS | SLPSX | 185 | 246.05 | 0.0033 |
| ProFunds | 2026-01-31 | SMALL-CAP PROFUND INVESTOR CLASS | SLPIX | 185 | 246.05 | 0.0033 |