New Fortress Energy Inc. has executed a one-for-fifty reverse stock split of its Class A common stock, the company announced on September 10, 2026.
Under the terms of the consolidation, shareholders will receive one share for every fifty shares previously held, proportionally increasing the per-share price while reducing the total number of outstanding shares. The company's new CUSIP number for the post-split Class A common stock is 644393308.
Trading in the Class A common stock, which carries the ticker symbol NFE, was halted prior to 8:00 p.m. Eastern Time on the day of the announcement on the Nasdaq Global Select Market. Trading on a split-adjusted basis is expected to resume on Sunday, contingent upon the completion of the company's ongoing restructuring transaction.
New Fortress Energy operates natural gas and liquefied natural gas infrastructure and owns a fleet of ships and logistics assets.
