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ResolvedStocks

New Fortress Energy Faces Default Risk Amid $9 Billion Debt Crisis

First Detected: Mar 13, 2026, 5:01 AM
Last Update: 6 months ago
90 articles·8 stories

Event Summary

New Fortress Energy faces default risk amid a $9 billion debt crisis. The company has nearly $9 billion in total debt, with $6.5 billion due within one year. Additionally, it is already behind on $500 million in payments and has burned through $1.73 billion in free cash flow over the trailing 12 months.

Timeline

UAE's 2PointZero Acquires U.S. Firm Traverse Midstream in $2.25 Billion Deal
Mar 31, 2026, 3:49 PMImpact: 6
Consolidated Edison Unveils $24.3 Billion Investment Plan and Dividend Hike
Mar 30, 2026, 5:24 PMImpact: 6
Norfolk Southern Reports Strong Free Cash Flow Growth and Operational Efficiency Gains
Mar 30, 2026, 2:18 PMImpact: 6
NextEra Energy Secures Federal Deal to Boost Natural Gas Generation
Mar 24, 2026, 8:33 PMImpact: 6
Oil Stocks Projected for High Returns as WTI Crude Targets $100
Mar 23, 2026, 9:32 PMImpact: 6

Price Impact

Since event start
NFE-74.75%