INVESTOR ALERT: Law Firm Howard G. Smith Announces Investigation into New Fortress Energy Inc. (NFE) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of investors in New Fortress Energy Inc. (“New Fortress” or the “Company”) (NASDAQ: NFE) regarding potential violations of federal securities laws by the Company.

On August 9, 2024, New Fortress released its financial results for the second quarter of 2024, showing that adjusted EBITDA was well below the company’s previous expectations. The company further lowered its guidance for the remainder of 2024, attributing the disappointing results to delays in bringing the FLNG 1 project into service, which cost it $150 million per quarter in lost operating margin.