Replay available

New Fortress Energy Inc. (NFE) Q2 2024 Earnings Call

New Fortress Energy Inc. (NASDAQ: NFE) Q2 2024 earnings conference call, held 2024-08-09. Replay captured from the company's public earnings webcast.

Fri, August 9, 2024 at 8:00 AMendedReplay
New Fortress Energy Inc. (NFE) Q2 2024 Earnings Call

Hosted by

Featured presenters

Chance Pipitone

Head of Investor Relations

Wes Edens

Chairman & Chief Executive Officer

Ben Nolan

Analyst, Sievel

Greg Lewis

Analyst, CTIV

Craig Scheer

Analyst, TUI Brothers

Tariq Ahmed

Analyst, J.P. Morgan

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Replay transcript excerpt

WEBVTT 00:00:00.009 -- 00:00:05.533 Good day and welcome to the NFE second quarter 2024 earnings call. 00:00:05.533 -- 00:00:08.576 Today's conference is being recorded. 00:00:08.576 -- 00:00:12.979 At this time, I would like to turn the conference over to Chance Pipitone. 00:00:12.979 -- 00:00:15.480 Please go ahead. 00:00:15.641 -- 00:00:17.943 Thank you, Samara, and good morning, everyone. 00:00:17.943 -- 00:00:21.176 Thank you for joining today's conference call, where we will discuss our second quarter 00:00:21.176 -- 00:00:23.342 2024 results. 00:00:23.342 -- 00:00:27.284 The call is being recorded and will be available by replay on the Investors section of 00:00:27.284 -- 00:00:30.765 our website under the subheading Events and Presentations. 00:00:30.765 -- 00:00:34.047 At the same location, you'll find a presentation that we will walk through on today's 00:00:34.047 -- 00:00:39.429 call. Please review this as it includes important information, including disclosures 00:00:39.429 -- 00:00:43.631 and risk factors. With that, I'll now hand over the call to our Chairman and CEO, Wes 00:00:43.631 -- 00:00:47.193 Edens. Great. Thanks, Chance, and welcome, everybody. 00:00:47.193 -- 00:00:52.659 Please refer to the slide deck that we posted on our website as well as on this call. 00:00:52.659 -- 00:00:55.381 We'll be referring to that, but we have a lot to run through here. 00:00:55.381 -- 00:00:57.943 I look forward to catching 00:00:57.943 -- 00:01:00.405 up. So let's start with numbers on page three. 00:01:00.405 -- 00:01:03.627 Our earnings for the quarter were $120 million in EBITDA. 00:01:03.627 -- 00:01:08.591 That was well below our quarterly goal of $275 million, 00:01:08.591 -- 00:01:11.193 with a miss of $155 million. 00:01:11.193 -- 00:01:16.677 The miss...