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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. New Fortress Energy's current 3-Year Share Buyback Ratio was -10.90%.
The historical rank and industry rank for New Fortress Energy's 3-Year Share Buyback Ratio or its related term are showing as below:
NFE'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -117.9 Med: -10.9 Max: -5.5
Current: -10.9
During the past 10 years, New Fortress Energy's highest 3-Year Share Buyback Ratio was -5.50%. The lowest was -117.90%. And the median was -10.90%.
NFE's 3-Year Share Buyback Ratio is ranked worse than 68.81% of 683
companies
in the Oil & Gas industry
Industry Median: -3.5
vs NFE: -10.90
New Fortress Energy (NAS:NFE) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
New Fortress Energy 3-Year Share Buyback Ratio Related Terms
NFE vs MMLP, DLNG, PXS: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas Midstream subindustry, New Fortress Energy's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Fortress Energy's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where New Fortress Energy's 3-Year Share Buyback Ratio falls into.
New Fortress Energy 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -10.90 mean?
New Fortress Energy (NFE) has a 3-Year Share Buyback Ratio of -10.90 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for New Fortress Energy and its competitors. According to the industry distribution chart, New Fortress Energy ranks #470 out of 683 companies in the Oil & Gas industry, placing it in the top 68.8%.
Is New Fortress Energy's 3-Year Share Buyback Ratio too high?
New Fortress Energy's current 3-Year Share Buyback Ratio is -10.90. Based on the distribution chart, New Fortress Energy ranks #470 out of 683 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, New Fortress Energy has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's 3-Year Share Buyback Ratio compare to MMLP and DLNG?
According to the Oil & Gas industry distribution chart, New Fortress Energy ranks #470 out of 683 companies for 3-Year Share Buyback Ratio. This places New Fortress Energy in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for New Fortress Energy and its competitors. New Fortress Energy's current 3-Year Share Buyback Ratio is -10.90. 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 (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $3.57, compared to a current price of $0.29 — trading 91.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is -10.90. New Fortress Energy's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For New Fortress Energy (NFE), the current 3-Year Share Buyback Ratio is -10.90 as of Jun. 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 (NFE) Overvalued in 2026?
Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued.
The current stock price of $0.29 is trading 91.8% below its estimated GF Value™ of $3.57.
GuruFocus considers New Fortress Energy to be Possible Value Trap.
Key valuation signals for NFE:
3-Year Share Buyback Ratio: -10.90
GF Value™: $3.57 vs. price of $0.29 (91.8% below fair value)
No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
49GF Score
Get the complete analysis for NFE
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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