STOCK TITAN

Golar LNG Partners LP Series A Preferred Cash Distribution

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

New Fortress Energy Inc. (NASDAQ: NFE) has announced a cash distribution of $0.546875 per unit for its 8.75% Series A Cumulative Redeemable Preferred Units. This distribution covers the period from November 15, 2022 to February 14, 2023 and will be payable on February 15, 2023 to unitholders on record as of February 7, 2023. New Fortress Energy, a global energy infrastructure company, focuses on enhancing energy security and promoting sustainable energy solutions worldwide.

Positive
  • Announced a cash distribution of $0.546875 per unit.
  • Demonstrates financial stability and commitment to preferred unitholders.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Golar LNG Partners LP, an indirect subsidiary of New Fortress Energy Inc. (NASDAQ: NFE), has declared a cash distribution of $0.546875 per unit of 8.75% Series A Cumulative Redeemable Preferred Units for the period from November 15, 2022 through February 14, 2023. This will be payable on February 15, 2023 to all Series A preferred unitholders of record as of February 7, 2023.

About New Fortress Energy Inc.

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the company’s assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.

Investors

Patrick Hughes

ir@newfortressenergy.com



Media

Jake Suski

+1 (516) 268-7403

press@newfortressenergy.com

Source: New Fortress Energy Inc.

FAQ

What is the latest cash distribution announced by NFE?

New Fortress Energy announced a cash distribution of $0.546875 per unit for its Series A preferred units.

When will the cash distribution by NFE be paid?

The cash distribution will be payable on February 15, 2023.

What is the period covered by the NFE cash distribution?

The distribution covers the period from November 15, 2022, to February 14, 2023.

Who is eligible for the NFE cash distribution?

All Series A preferred unitholders of record as of February 7, 2023, are eligible.

New Fortress Energy Inc.

NASDAQ:NFE

NFE Rankings

NFE Latest News

NFE Stock Data

2.45B
144.45M
42.55%
53.62%
12.84%
Utilities - Regulated Gas
Natural Gas Distribution
Link
United States of America
NEW YORK