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New Fortress Energy shares rise 2.39% premarket after Excelerate Energy announced a 33% dividend increase.
ByAinvest
Friday, Aug 1, 2025 4:29 am ET1min read
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.
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