The first IPO to brave the volatile 2019 market and the US government shutdown is New Fortress Energy (NASDAQ: NFE $17.00 - $19.00). New Fortress is another energy company focused on liquified natural gas (LNG) like market leader Cheniere Energy (NYSE: LNG $63.33).
Natural gas has been growing rapidly as a fuel of choice for generating electricity and also for powering vehicles and industrial projects. It's cleaner and has become plentiful, especially in the US. However, as a gas, it is difficult to store and move outside of dedicated pipelines. By cooling natural . . .