New Fortress Energy (NFE) Rebounds Following Puerto Rico Deal

The share price of New Fortress Energy Inc. (NASDAQ:NFE) surged by 42.86% between September 9 and September 16, 2025, putting it among the Energy Stocks that Gained the Most This Week.

New Fortress Energy Inc. (NASDAQ:NFE) owns and operates natural gas and LNG infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets.

After plunging to an all-time low last week, New Fortress Energy Inc. (NASDAQ:NFE) jumped back after it was announced that the company had finally inked a $4 billion LNG contract with Puerto Rico. The 7-year agreement, with the option to extend for an additional three years, provides a much-needed boost to NFE, which has been struggling with mounting debt, delayed projects, and profitability challenges.

The agreement is now subject to approval by Puerto Rico’s Financial Oversight and Management Board.

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