NFE Announces Dividend Update
New Fortress Energy (NFE) has announced a delay in the payment of its previously declared $0.10 per share Class A common stock dividend. The dividend, which had a record date of September 13, 2024, will be postponed until the company reaches an agreement with its noteholders to address near-term maturities and liquidity requirements. NFE expects to reach an agreement with noteholders in the near future, after which it will reevaluate the dividend payment, including its amount and potential payment timing. This decision reflects the company's focus on addressing financial obligations before distributing dividends to shareholders.
New Fortress Energy (NFE) ha annunciato un rinvio nel pagamento del suo già dichiarato dividendo di 0,10 $ per azione della Classe A. Il dividendo, che aveva una data di registrazione del 13 settembre 2024, sarà posticipato fino a quando l'azienda non raggiunga un accordo con i suoi obbligazionisti per affrontare le scadenze a breve termine e i requisiti di liquidità. NFE si aspetta di raggiungere un accordo con gli obbligazionisti nel prossimo futuro, dopodiché rivaluterà il pagamento del dividendo, inclusi l'importo e il potenziale tempismo del pagamento. Questa decisione riflette l'attenzione dell'azienda nel soddisfare le obbligazioni finanziarie prima di distribuire dividendi agli azionisti.
New Fortress Energy (NFE) ha anunciado un retraso en el pago de su ya declarado dividendo de $0.10 por acción de la Clase A. El dividendo, que tenía una fecha de registro del 13 de septiembre de 2024, se pospondrá hasta que la empresa alcance un acuerdo con sus tenedores de deuda para abordar los vencimientos a corto plazo y los requisitos de liquidez. NFE espera llegar a un acuerdo con los tenedores de deuda en un futuro cercano, luego de lo cual revaluará el pago del dividendo, incluyendo su monto y el posible momento del pago. Esta decisión refleja el enfoque de la empresa en cumplir con sus obligaciones financieras antes de distribuir dividendos a los accionistas.
New Fortress Energy (NFE)는 이전에 선언된 주당 0.10달러의 클래스 A 보통주 배당금 지급이 지연될 것이라고 발표했습니다. 이 배당금은 2024년 9월 13일을 기준으로 하며, 회사가 채권자와 합의에 도달할 때까지 연기됩니다. NFE는 단기 만기 및 유동성 요구 사항을 해결하기 위해 채권자와 가까운 시일 내에 합의에 도달할 것으로 예상하고 있으며, 그 후 배당금 지급을 재평가할 것입니다. 여기에는 배당금의 금액 및 잠재적 지급 시기도 포함됩니다. 이 결정은 주주에게 배당금을 분배하기 전에 재정적 의무를 해결하는 데 회사가 집중하고 있음을 반영합니다.
New Fortress Energy (NFE) a annoncé un retard dans le paiement de son dividende de 0,10 $ par action de classe A précédemment déclaré. Le dividende, qui avait une date d'enregistrement du 13 septembre 2024, sera reporté jusqu'à ce que la société parvienne à un accord avec ses créanciers pour traiter les échéances à court terme et les besoins en liquidités. NFE s'attend à parvenir à un accord avec les créanciers dans un proche avenir, après quoi elle réévaluera le paiement du dividende, y compris son montant et le moment potentiel du paiement. Cette décision reflète l'engagement de l'entreprise à respecter ses obligations financières avant de distribuer des dividendes aux actionnaires.
New Fortress Energy (NFE) hat eine Verzögerung bei der Zahlung seiner bereits erklärten Dividende von 0,10 $ pro Aktie der Klasse A bekannt gegeben. Die Dividende, die einen Bewertungsstichtag vom 13. September 2024 hatte, wird bis zur Einigung mit den Anleihegläubigern bezüglich Kurzfristiger Fälligkeiten und Liquiditätsanforderungen verschoben. NFE erwartet, in naher Zukunft eine Einigung mit den Anleihegläubigern zu erzielen, nach der die Dividendenzahlung neu bewertet wird, einschließlich der Höhe und des möglichen Zeitpunkts der Zahlung. Diese Entscheidung spiegelt den Fokus des Unternehmens wider, finanzielle Verpflichtungen zu erfüllen, bevor Dividenden an die Aktionäre ausgeschüttet werden.
- Company actively addressing financial obligations
- Expectation to reach agreement with noteholders soon
- Dividend payment delayed
- Near-term maturities and liquidity issues
- Potential for dividend amount reduction
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.
Cautionary Language Regarding Forward-Looking Statements
This press release contains certain statements and information that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this communication other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. You can identify these forward-looking statements by the use of forward-looking words such as “expects,” “may,” “will,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these terms or other comparable words. Forward looking statements include, but are not limited to, statements related to our payment of the Dividend and our ability to reach an agreement with certain of our lenders and noteholders to adequately address near-term maturities and liquidity requirements, whether in the near-term or at all.
These forward-looking statements are necessarily estimates based upon current information and involve a number of risks, uncertainties and other factors, many of which are outside of the Company’s control. Actual results or events may differ materially from the results anticipated in these forward-looking statements. Specific factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: our ability to implement our business strategy; the risk that proposed transactions, including any financing or refinancing transactions may not be completed in a timely manner or at all; and failure to maintain sufficient working capital and to generate revenues, which could adversely affect our ability to pay the Dividend. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of NFE’s forward-looking statements. Other known or unpredictable factors could also have material adverse effects on future results.
Any forward-looking statement speaks only as of the date on which it is made, and we undertake no duty to update or revise these forward-looking statements, even though our situation may change in the future. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in NFE’s annual and quarterly reports filed with the Securities and Exchange Commission, which could cause its actual results to differ materially from those contained in any forward-looking statement.
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Source: New Fortress Energy Inc.
FAQ
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