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Alternative stocks to New Fortress Energy (NasdaqGS:NFE)


These are the alternatives to New Fortress Energy that fall within the same industry, Oil & Gas Transportation, or region, USA.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See New Fortress Energy Performance

New Fortress Energy stock research in summary

newfortressenergy.com


New Fortress Energy shares are less expensive than other comparable stocks. They are good value and show above average growth, but are riskily financed. We recommend evaluating whether the future of the company New Fortress Energy is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country USA
Industry Oil & Gas Transportation
Index
Size class Large

Large companies - similar industry as New Fortress Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Global Partners (XXL, US)  Oil & Gas Transportation
1. Global Partners (XXL, US)   Oil & Gas Transportation 83 100 63 100
2. Plains All American Pipeline (XXL, US)  Oil & Gas Transportation
2. Plains All American Pipeline (XXL, US)   Oil & Gas Transportation 98 62 67 96
3. NGL Energy (XL, US)  Oil & Gas Transportation
3. NGL Energy (XL, US)   Oil & Gas Transportation 82 90 45 93
4. Energy Transfer Equity (XXL, US)  Oil & Gas Transportation
4. Energy Transfer Equity (XXL, US)   Oil & Gas Transportation 100 47 37 80
5. Plains GP Holdings (XXL, US)  Oil & Gas Transportation
5. Plains GP Holdings (XXL, US)   Oil & Gas Transportation 60 98 40 80
6. Crestwood Equity Partners (XL, US)  Oil & Gas Transportation
6. Crestwood Equity Partners (XL, US)   Oil & Gas Transportation 69 93 41 51
7. DCP Midstream (XL, US)  Oil & Gas Transportation
7. DCP Midstream (XL, US)   Oil & Gas Transportation 63 67 18 47
8. MPLX LP (XL, US)  Oil & Gas Transportation
8. MPLX LP (XL, US)   Oil & Gas Transportation 44 26 52 34
9. Enterprise Products (XXL, US)  Oil & Gas Transportation
9. Enterprise Products (XXL, US)   Oil & Gas Transportation 68 9 25 25
10. Kinder Morgan (XXL, US)  Oil & Gas Transportation
10. Kinder Morgan (XXL, US)   Oil & Gas Transportation 54 35 16 21

May 2, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as New Fortress Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Telephone and Data Systems (XL, US)  Wireless Telecommunication
1. Telephone and Data Systems (XL, US)   Wireless Telecommunication 88 91 90 100
2. Global Partners (XXL, US)  Oil & Gas Transportation
2. Global Partners (XXL, US)   Oil & Gas Transportation 83 100 63 100
3. Umpqua (XXL, US)  Regional Banks
3. Umpqua (XXL, US)   Regional Banks 97 32 93 100
4. Summit Financial (XXL, US)  Regional Banks
4. Summit Financial (XXL, US)   Regional Banks 80 97 79 100
5. Jones Lang LaSalle (XXL, US)  Real Estate Services
5. Jones Lang LaSalle (XXL, US)   Real Estate Services 66 97 97 100
6. Orrstown (XXL, US)  Regional Banks
6. Orrstown (XXL, US)   Regional Banks 70 100 75 100
7. Alphabet (XXL, US)  Interactive Media & Services
7. Alphabet (XXL, US)   Interactive Media & Services 81 69 93 100
8. Cognizant Technology (XXL, US)  IT Consulting & oth. Services
8. Cognizant Technology (XXL, US)   IT Consulting & oth. Services 96 45 95 100
9. Meta (XXL, US)  Interactive Media & Services
9. Meta (XXL, US)   Interactive Media & Services 63 93 98 100
10. First Republic Bank (XXL, US)  Regional Banks
10. First Republic Bank (XXL, US)   Regional Banks 100 89 92 100

May 2, 2024


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Mid sized companies - similar industry as New Fortress Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Alto Ingredients (L, US)  Oil & Gas Refining
1. Alto Ingredients (L, US)   Oil & Gas Refining 69 95 76 98
2. PDC Energy (L, US)  Oil & Gas Production
2. PDC Energy (L, US)   Oil & Gas Production 70 99 55 90
3. Alliance Resource (L, US)  Coal & Consumable Fuels
3. Alliance Resource (L, US)   Coal & Consumable Fuels 100 9 92 87
4. Enviva Partners (L, US)  Coal & Consumable Fuels
4. Enviva Partners (L, US)   Coal & Consumable Fuels 81 81 44 84
5. Murphy Oil (L, US)  Oil & Gas Production
5. Murphy Oil (L, US)   Oil & Gas Production 66 71 63 83
6. SM Energy (L, US)  Oil & Gas Production
6. SM Energy (L, US)   Oil & Gas Production 57 59 72 74
7. Arch (L, US)  Coal & Consumable Fuels
7. Arch (L, US)   Coal & Consumable Fuels 52 29 95 65
8. Berry Corporation (M, US)  Oil & Gas Production
8. Berry Corporation (M, US)   Oil & Gas Production 96 59 12 63
9. Ranger Oil (M, US)  Oil & Gas Production
9. Ranger Oil (M, US)   Oil & Gas Production 33 79 43 63
10. Permian Resources (L, US)  Oil & Gas Production
10. Permian Resources (L, US)   Oil & Gas Production 42 75 39 54

May 2, 2024


Mid sized companies - similar region as New Fortress Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Bassett Furniture Industries (M, US)  Home Furnishings
1. Bassett Furniture Industries (M, US)   Home Furnishings 82 97 100 100
2. Cheesecake Factory (L, US)  Restaurants
2. Cheesecake Factory (L, US)   Restaurants 90 77 70 100
3. Portland General Electric (L, US)  Electric Utilities
3. Portland General Electric (L, US)   Electric Utilities 86 81 77 100
4. Livent (M, US)  Specialty Chemicals
4. Livent (M, US)   Specialty Chemicals 44 94 84 100
5. Laureate Education (L, US)  Education Services
5. Laureate Education (L, US)   Education Services 88 87 78 100
6. Foster (M, US)  Industrial Machinery
6. Foster (M, US)   Industrial Machinery 45 97 96 100
7. Snowflake (L, US)  Internet Services & Infrastructure
7. Snowflake (L, US)   Internet Services & Infrastructure 12 53 95 100
8. NextEra Energy Partners (L, US)  Renewable Electricity
8. NextEra Energy Partners (L, US)   Renewable Electricity 92 87 81 100
9. National Instruments (L, US)  Electronic Equipment
9. National Instruments (L, US)   Electronic Equipment 76 88 81 100
10. Cue Health (M, US)  Health Care Equipment
10. Cue Health (M, US)   Health Care Equipment 87 81 89 100

May 2, 2024



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