Today: 20 November 2025
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debt crisis

New Fortress Energy Seeks U.K. Lifeline to Dodge Bankruptcy – Shares Crash as $9 B Debt Weighs

New Fortress Energy’s Wild Ride: 90% Crash, Debt Drama & a Surprise Rally – What’s Next for NFE Stock?

Current Stock Price & Recent Performance Illustration: New Fortress Energy’s logo displayed on a smartphone. NFE stock has whipsawed dramatically in 2025, collapsing to penny-stock levels before a recent rebound. As of November 4, 2025, New Fortress Energy’s stock is trading around the mid-$1 range, down over 90% from January. The shares closed at $1.18 on Nov 3 (near record lows) and then jumped to ~$1.57 in pre-market trading on Nov 4 marketbeat.com. This ~30% overnight spike came on the heels of an intense selloff – a microcosm of the stock’s extreme volatility lately. Over the past week, NFE swung
4 November 2025
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New Fortress Energy Seeks U.K. Lifeline to Dodge Bankruptcy – Shares Crash as $9 B Debt Weighs

New Fortress Energy Seeks U.K. Lifeline to Dodge Bankruptcy – Shares Crash as $9 B Debt Weighs

Deep Dive: $9 B Debt Crunch Drives Unconventional Plan New Fortress Energy – a company founded by billionaire Wes Edens – grew rapidly in recent years as an integrated gas-to-power provider, building liquefied natural gas terminals, floating LNG (FLNG) facilities, and power plants from the Americas to Asia. But that breakneck expansion came at a cost: nearly $9 billion in debt piled up on its balance sheet news.bloomberglaw.com. When several major projects hit delays and cost overruns, NFE’s revenues and cash flows fell short, making it increasingly difficult to meet its heavy debt obligations news.bloomberglaw.com. The company even suspended its dividend late
29 October 2025
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