Why New Fortress Energy Stock Is Soaring Today
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By Johnny Rice – Dec 17, 2025 at 2:27PM ESTKey PointsNew Fortress Energy extended its creditor forbearance period through January 9th.This follows the final approval of its renegotiated Puerto Rican contract.Despite these developments, the company faces significant debt challenges and investors could be wiped out. These 10 Stocks Could Mint the Next Wave of Millionaires ›NASDAQ: NFENew Fortress EnergyMarket Cap$333MToday's Changeangle-down(13.68%) $0.16Current Price$1.33Price as of December 17, 2025 at 3:14 PM ETNew Fortress Energy just bought itself a few more weeks.Shares of New Fortress Energy (NFE +13.68%) are soaring on Wednesday, up 11.1% as of 2:10 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite fell 1% and 1.5%, respectively. Just weeks after finally securing final approval for its liquefied natural gas (LNG) supply contract from Puerto Rican regulators, the company announced today that it had reached another agreement with creditors to extend a forbearance period set to expire this week. ExpandNASDAQ: NFENew Fortress EnergyToday's Change(13.68%) $0.16Current Price$1.33Key Data PointsMarket Cap$333MDay's Range$1.21 - $1.4052wk Range$0.98 - $16.66Volume14MAvg Vol19MGross Margin19.59% New Fortress Energy has some more breathing room The embattled LNG provider has bought itself much-needed time, reaching a deal to extend its grace period through January 9th. This buys the company time to stabilize its cash flows, now that it has closed a deal that will net the company more than $3 billion over the next seven years. Notably, this deal follows the rejection of a much larger, 15-year, $20 billion proposal from New Fortress earlier this year. Image source: Getty Images. Puerto Rico LNG deal offers a lifeline, but challenges remain New Fortress is not out of the woods yet -- far from it. The company was forced to sell significant revenue-producing assets just to keep the lights on, and even with this contract and the extended forbearance, it will be difficult to get ahead of its debt. While a turnaround is certainly possible, investors should recognize that there is a good chance of being wiped out at this point. Advertisement About the AuthorJohnny Rice is a contributing writer for The Motley Fool covering tech stocks. He previously contributed to various financial publications.TMFJohnnyRiceRead NextOct 7, 2025 •By Neha ChamariaWhy Did New Fortress Energy (NFE) Stock Nosedive Then Pop in September?Sep 12, 2025 •By Billy DubersteinWhy New Fortress Energy Plunged This WeekSep 8, 2025 •By Keith NoonanWhy New Fortress Energy Stock Is Plummeting TodayAug 12, 2025 •By Keith NoonanWhy New Fortress Energy Stock Is Plummeting Again TodayJul 25, 2025 •By Keith NoonanWhy New Fortress Energy Stock Is Plummeting TodayJul 16, 2025 •By Neha ChamariaWhy This Small-Cap Energy Stock Plunged 78% in the First Half of 2025