New Fortress Energy (NFE) Falls Hard Amid Bond-Price Slump

The share price of New Fortress Energy Inc. (NASDAQ:NFE) fell by 28.06% between June 10 and June 17, 2025, putting it among the Energy Stocks that Lost the Most This Week.

New Fortress Energy (NFE) Falls Hard Amid Bond-Price Slump

A cutaway view of a modern energy infrastructure and its power generation facilities.

New Fortress Energy Inc. (NASDAQ:NFE) owns and operates natural gas and LNG infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets.

New Fortress Energy Inc. (NASDAQ:NFE) plunged to an all-time low this week after a Bloomberg report that various creditor groups have formed amid a mounting debt crisis at the LNG company. Currently, NFE is grappling with nearly $9 billion in debt, coupled with delays in pivotal projects that have hampered its cash flow.

New Fortress Energy Inc. (NASDAQ:NFE) was also late in filing its Q1 report with the SEC, citing in part a delay in the $1 billion sale of Jamaican operations that was completed last month. Moreover, in the wake of downgrades by S&P Global and Fitch, some of the company’s bonds have plunged to record lows below 50 cents on the dollar recently.

To make matters worse, New Fortress Energy Inc. (NASDAQ:NFE)’s financial difficulties may also delay its $1.1 billion LNG export project in northeastern Mexico, which is seen as crucial to the long-term future of the company.

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