New Fortress Energy shares rise 2.39% premarket after Excelerate Energy announced a 33% dividend increase.

New Fortress Energy Inc. rose 2.39% in premarket trading. The company's stock price increase may be attributed to the news that Excelerate Energy, Inc. announced a 33% increase in its quarterly cash dividend, which could indicate a positive sentiment towards the energy sector. Additionally, ERES announced strategic dispositions and an intention to cease its regular monthly distributions, which could also impact the broader market sentiment.