New Fortress Energy Inc. (NFE) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for New Fortress Energy Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.691 -- 00:00:05.993 Good day and welcome to the NFV first quarter 2025 earnings 00:00:05.993 -- 00:00:08.935 call. Today's conference is being recorded. 00:00:08.935 -- 00:00:14.018 At this time, I will be handing the call over to Matt Reinhardt, Managing Director 00:00:14.018 -- 00:00:17.040 for Introductory Remarks. 00:00:17.040 -- 00:00:20.842 Good afternoon, everyone. Thank you for joining today's conference call where we will 00:00:20.842 -- 00:00:24.544 be discussing our first quarter 2025 results. 00:00:24.544 -- 00:00:28.286 The call is being recorded and will be available by replay on the Investors section of 00:00:28.286 -- 00:00:31.850 our website under the subheading Events and Presentations. 00:00:31.850 -- 00:00:35.091 At the same location, you'll find a presentation that we will walk through on today's 00:00:35.091 -- 00:00:39.673 call. Please review this as it includes important information on forward-looking statements 00:00:39.673 -- 00:00:43.855 and non-GAAP measures. With that, let me hand the call over to our Chairman and CEO, 00:00:43.855 -- 00:00:45.095 Wes Edens. Wes? 00:00:45.095 -- 00:00:48.097 Great. Thanks, Matt. Welcome, everyone. 00:00:48.097 -- 00:00:53.879 So lots to go through here this afternoon, and I'll try and make my own statements brief. 00:00:53.879 -- 00:00:56.880 Start with the core earnings for the quarter. 00:00:56.880 -- 00:01:01.619 We're very much in line with expectation. If you look at the yellow boxes on the piece 00:01:01.619 -- 00:01:06.080 of paper, you can see that post the first quarter of 24, which is the last quarter that 00:01:06.080 -- 00:01:11.521 we had the FEMA plants online in Puerto Rico, we've had basically extremely consistent 00:01:11.521 -- 00:01:16.602 core earnings, 110, 177, but th...