{"id":6693,"date":"2019-01-17T10:59:24","date_gmt":"2019-01-17T15:59:24","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=6693"},"modified":"2019-01-17T11:04:05","modified_gmt":"2019-01-17T16:04:05","slug":"ipo-free-preview-new-fortress-llc-nfe","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-free-preview-new-fortress-llc-nfe\/","title":{"rendered":"IPO Free Preview: New Fortress LLC (NFE)"},"content":{"rendered":"<p>This is a free preview for the upcoming New Fortress Energy IPO.<\/p>\n<p><!--more--><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/NFE.jpg\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-6695\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/NFE-300x78.jpg\" alt=\"\" width=\"300\" height=\"78\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/NFE-300x78.jpg 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/NFE.jpg 436w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Company: <strong>New Fortress Energy LLC<\/strong><br \/>\nSymbol: NFE<br \/>\nDescription: They are an integrated gas-to-power company that seeks to use \u201cstranded\u201d natural gas to satisfy the world\u2019s large and growing power needs.<br \/>\nShares: 22.2 million<br \/>\nPrice Range: $17.00-$19.00<br \/>\nTrade Date: 1\/25 (or later if Government Shutdown continues)<br \/>\nUnderwriter(s): Morgan Stanley, Barclays, Citigroup, Credit Suisse<br \/>\nCo-Manager(s): Evercore ISI, Allen &amp; Co., JMP Securities, Stifel<br \/>\nTerms Added 1-14-19<\/p>\n<p><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1749723\/000114036119000862\/s002392x10_s1a.htm\"><strong>Link to Prospectus<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.retailroadshow.com\"><strong>Link to Retail Roadshow<\/strong><\/a><\/p>\n<p><strong>Business<\/strong>:\u00a0Their mission is to provide modern infrastructure solutions to create cleaner, reliable energy while generating a positive economic impact worldwide. Their business model is simple, yet, they believe, unique for the LNG industry. They aim to deliver targeted energy solutions to customers around the world, thereby reducing their energy costs and diversifying their energy resources, while also reducing pollution and generating compelling margins.<\/p>\n<p>They\u00a0aim to deliver targeted energy solutions by employing a four-part integrated LNG production and delivery model:\u00a0<i>Liquefaction<\/i>,\u00a0<i>Logistics<\/i>,\u00a0<i>Shipping<\/i>,\u00a0<i>Terminals<\/i><\/p>\n<p class=\"para\">They believe this business model will provide opportunities to generate average revenues in excess of approximately $10.00 per MMBtu, including both fuel sales and capacity charges (we often invest capital in infrastructure in connection with their entry into a new market, and customers agree to pay a \u201ccapacity charge\u201d as consideration for the right to use the underlying infrastructure). They expect individual contract pricing is likely to range between $8.00 and $13.00 per MMBtu, depending on the customer\u2019s size, purchased volume, credit profile, the complexity of the delivery and the infrastructure required to deliver it.<\/p>\n<p><strong>Financials:\u00a0<\/strong>Their total revenue was $21.4 million and $97.3 million, and their net loss was $32.9 million, and $31.7 million in 2016 and 2017 respectively. In the first three quarters of 2018, their total revenue increased 12.4% to $80.9million, and their net loss increased 124% to $43.4million, compared the same period in the previous year,<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-17-at-10.57.48-AM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-6696\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-17-at-10.57.48-AM-237x300.png\" alt=\"\" width=\"237\" height=\"300\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-17-at-10.57.48-AM-237x300.png 237w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-17-at-10.57.48-AM-600x758.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-17-at-10.57.48-AM.png 751w\" sizes=\"(max-width: 237px) 100vw, 237px\" \/><\/a><\/p>\n<p><strong>IPO Boutiuqe Color, Commentary &amp; Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here&#8217;s a<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=3655\"> 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique&#8217;s service.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is a free preview for the upcoming New Fortress Energy IPO.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[],"class_list":["post-6693","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/6693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=6693"}],"version-history":[{"count":5,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/6693\/revisions"}],"predecessor-version":[{"id":6700,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/6693\/revisions\/6700"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=6693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=6693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=6693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}