New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is trading at $6.08, about ₹584 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 6.17% today. Indian residents can buy New Fortress Energy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$5.74
Today's high
$6.42
52 week low
$5.73
52 week high
$133.00
NFE opened at $6.42, closed previously at $6.48, and has traded between $5.73 and $133.00 over the past 52 weeks.
About
New Fortress Energy Inc. (NFE) is an integrated company specializing in gas-to-power infrastructure, providing energy solutions and development services to customers worldwide. The company operates through two primary divisions: Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment manages the procurement and liquefaction of natural gas, along with its shipping, logistics, and the development or conversion of natural gas-fueled power generation facilities. Its Ships segment supplies floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers, which are leased to clients via long-term contracts or spot arrangements. NFE maintains a network of operational assets globally, including an LNG storage and regasification facility in Montego Bay, Jamaica; a marine LNG storage and regasification terminal in Old Harbour, Jamaica; a micro-fuel handling plant in San Juan, Puerto Rico; a marine LNG storage and regasification site in Sergipe, Brazil; an LNG receiving terminal in La Paz, Mexico; and a facility in Miami. Established in 1998, New Fortress Energy Inc. is headquartered in New York, New York.
Key statistics
Avg. volume
165.62K
Market cap
$34.73M
P/E Ratio
-0.02
Price-to-sales ratio
0.03
Enterprise value
$8.53B
Free cash flow yield
-388.77%
Debt-to-equity ratio
-16.46
Return on equity
-1009.38%
ROIC
-1.89%
Beta
1.32
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$1.50B
Earnings per share
-$331.50
Free cash flow
-$1.23B
Net profit margin
-152.84%
Gross margin
3.77%
EBITDA
-$750.41M
Revenue growth
-36.40%
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This is not an investment recommendation
How to buy New Fortress Energy from India
Indian residents can buy New Fortress Energy shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for New Fortress Energy and place an order
Find New Fortress Energy by name or by its ticker, NFE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. New Fortress Energy trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your New Fortress Energy position in USD and INR. New Fortress Energy pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in New Fortress Energy from India
Trading and taxes when buying New Fortress Energy from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneNew Fortress Energy does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy New Fortress Energy stock?
Yes. New Fortress Energy (NFE) has been listed on NASDAQ since 2019, in the Oil & Gas Midstream industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one New Fortress Energy share cost in rupees?
One New Fortress Energy share is $6.08 — about ₹584 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the New Fortress Energy price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying New Fortress Energy from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of New Fortress Energy?
Yes. One New Fortress Energy share is $6.08, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in New Fortress Energy.
How are gains on New Fortress Energy shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the New Fortress Energy price. Paasa issues a capital-gains statement for your return.
Does New Fortress Energy pay a dividend?
No. New Fortress Energy does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade New Fortress Energy from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on New Fortress Energy shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare New Fortress Energy shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your New Fortress Energy holding, its cost and its closing value.
How do I sell New Fortress Energy and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.