Yahoo Finance
Investors seeking energy exposure often choose between high-growth infrastructure plays and stable midstream giants.
Choosing betweenNew Fortress Energy LLC(NASDAQ:NFE) andONEOK Inc(NYSE:OKE) requires balancing aggressive expansion against steady cash generation.
New Fortress focuses on liquefied natural gas logistics and power plants in emerging markets, while ONEOK manages a massive pipeline network across the United States.
While both play vital roles in energy transport, their financial health and risk profiles diverged significantly heading into 2026.
New Fortress Energy operates as a global energy infrastructure company specializing in liquefied natural gas (LNG) facilities and power plants.
It manages logistics and power solutions in markets including Jamaica, Mexico, and Puerto Rico.
Key customers include CFE and the Puerto Rico Electric Power Authority (PREPA), and such customer concentration adds a layer of risk to the business.
In FY 2025, revenue reached approximately $1.5 billion, representing a decrease of more than 36% compared to the prior year.
The company reported a net loss of nearly $1.8 billion for the period.
This performance reflects a challenging period of transition and asset restructuring for the energy provider.
Free cash flow was negative $1.49 billion, representing the cash remaining after paying for operations and capital equipment.
ONEOK operates an extensive midstream energy network consisting of approximately 60,000 miles of pipelines for natural gas and refined products.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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