New Fortress Energy (MEX:NFE) Shares Outstanding (EOP): 286 Mil (As of Mar. 2026)


MEX:NFE New Fortress Energy Inc MEX:NFE
23 GF Score
Price MXN12.50
GF Value MXN148.62
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is New Fortress Energy Shares Outstanding (EOP)?

New Fortress Energy MEX:NFE 23 Shares Outstanding (EOP) is 286 Mil as of Mar. 2026. GuruFocus rates MEX:NFE with a GF Score™ of 23/100 and a GF Value™ of MXN148.62 (Possible Value Trap). The stock has 10 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. New Fortress Energy's shares outstanding for the quarter that ended in Mar. 2026 was 286 Mil.

New Fortress Energy's quarterly shares outstanding increased from Dec. 2025 (285 Mil) to Mar. 2026 (286 Mil). It means New Fortress Energy issued new shares from Dec. 2025 to Mar. 2026 .

New Fortress Energy's annual shares outstanding increased from Dec. 2024 (266 Mil) to Dec. 2025 (285 Mil). It means New Fortress Energy issued new shares from Dec. 2024 to Dec. 2025 .


New Fortress Energy  (MEX:NFE) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


New Fortress Energy Shares Outstanding (EOP) Related Terms


New Fortress Energy Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for New Fortress Energy's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Fortress Energy Shares Outstanding (EOP) Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.90 208.80 205.03 266.46 284.55

New Fortress Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 273.77 274.20 284.55 284.55 285.64

MEX:NFE vs TORO, DLNG, MMLP: Shares Outstanding (EOP) Comparison

For the Oil & Gas Midstream subindustry, New Fortress Energy's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Fortress Energy Shares Outstanding (EOP) vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Fortress Energy's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where New Fortress Energy's Shares Outstanding (EOP) falls into.


MEX:NFE
23GF Score
New Fortress Energy Inc MEX:NFE
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Fortress Energy Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 286 Mil mean?
New Fortress Energy (MEX:NFE) has a Shares Outstanding (EOP) of 286 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on New Fortress Energy and its competitors.
Is New Fortress Energy's Shares Outstanding (EOP) too high?
New Fortress Energy's current Shares Outstanding (EOP) is 286 Mil. Overall, New Fortress Energy has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's Shares Outstanding (EOP) compare to TORO and DLNG?
New Fortress Energy's Shares Outstanding (EOP) of 286 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Oil & Gas company?
A good Shares Outstanding (EOP) depends on the Oil & Gas industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on New Fortress Energy and its competitors. New Fortress Energy's current Shares Outstanding (EOP) is 286 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (MEX:NFE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN148.62, compared to a current price of MXN12.50 — trading 91.6% below its estimated fair value. The current Shares Outstanding (EOP) is 286 Mil. New Fortress Energy's overall GF Score™ is 23/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For New Fortress Energy (MEX:NFE), the current Shares Outstanding (EOP) is 286 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New Fortress Energy (MEX:NFE) Overvalued in 2026?

Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued. The current stock price of MXN12.50 is trading 91.6% below its estimated GF Value™ of MXN148.62. GuruFocus considers New Fortress Energy to be Possible Value Trap.

Key valuation signals for MEX:NFE:

  • Shares Outstanding (EOP): 286 Mil
  • GF Value™: MXN148.62 vs. price of MXN12.50 (91.6% below fair value)
  • GF Score™: 23/100 with 10 warning signs

No single metric tells the full story. See the MEX:NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Fortress Energy Business Description

Industry EnergyOil & Gas
Other Exchanges NFE:USANF0:Germany
Address 111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
23GF Score

Get the complete analysis for MEX:NFE

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN12.50
Price
MXN148.62
GF Value