Core Viewpoint - New Fortress Energy's stock is experiencing significant declines following the withdrawal of Puerto Rico from negotiations for a crucial liquefied natural gas (LNG) deal, which was seen as a potential financial lifeline for the company [1][2][4]. Group 1: Stock Performance - New Fortress Energy's stock price fell by 10.4% as of 2:30 p.m. ET, while the S&P 500 and Nasdaq Composite indices were up by 0.4% [1]. - The stock has decreased by 75.5% throughout the year due to the uncertainty surrounding the LNG contract [4]. Group 2: LNG Deal Negotiations - Puerto Rico has pulled out of negotiations for a 15-year LNG contract valued at approximately $20 billion, which investors had anticipated would provide significant financial support to New Fortress [2][4]. - Concerns from Puerto Rico's negotiators included the potential for New Fortress to gain a monopoly on LNG, leading to the company's reluctance to accept amended contract terms [6]. Group 3: Future Prospects - Despite the current negative outlook on the LNG deal, there remains a possibility for both parties to reach an agreement, which would be crucial for New Fortress [5]. - Given the company's substantial debt load and the associated bankruptcy concerns, there may be incentives for New Fortress to make concessions to secure the deal and establish a new revenue stream [6].