New Fortress Energy (MEX:NFE) Construction In Progress: MXN68,954 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
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What is New Fortress Energy Construction In Progress?

New Fortress Energy MEX:NFE 23 Construction In Progress is MXN68,954 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.

New Fortress Energy's quarterly construction in progress declined from Sep. 2025 (MXN77,463 Mil) to Dec. 2025 (MXN64,712 Mil) but then increased from Dec. 2025 (MXN64,712 Mil) to Mar. 2026 (MXN68,954 Mil).

New Fortress Energy's annual construction in progress declined from Dec. 2023 (MXN90,783 Mil) to Dec. 2024 (MXN73,558 Mil) and declined from Dec. 2024 (MXN73,558 Mil) to Dec. 2025 (MXN64,712 Mil).

New Fortress Energy Construction In Progress Historical Data

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The historical data trend for New Fortress Energy's Construction In Progress 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 Construction In Progress Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,414.22 47,153.18 90,783.27 73,557.72 64,711.96

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
Construction In Progress 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 79,809.75 76,677.98 77,462.97 64,711.96 68,954.38
MEX:NFE
23GF Score
New Fortress Energy Inc MEX:NFE
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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New Fortress Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MXN68,954 Mil mean?
New Fortress Energy (MEX:NFE) has a Construction In Progress of MXN68,954 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on New Fortress Energy and its competitors.
Is New Fortress Energy's Construction In Progress too high?
New Fortress Energy's current Construction In Progress is MXN68,954 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 Construction In Progress compare to TORO and DLNG?
New Fortress Energy's Construction In Progress of MXN68,954 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 Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on New Fortress Energy and its competitors. New Fortress Energy's current Construction In Progress is MXN68,954 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 Construction In Progress is MXN68,954 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 Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For New Fortress Energy (MEX:NFE), the current Construction In Progress is MXN68,954 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:

  • Construction In Progress: MXN68,954 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

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN12.50
Price
MXN148.62
GF Value