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The share price of New Fortress Energy Inc. (NASDAQ:NFE) fell by 17.16% between July 22 and July 29, 2025, putting it among the Energy Stocks that Lost the Most This Week.
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) skyrocketed last month following reports that the company was on track to win a 15-year LNG contract with Puerto Rico worth roughly $20 billion. However, things haven’t gone to plan after a Bloomberg report revealed that Puerto Rico has ended attempts to negotiate with NFE after the company refused to accept the terms of an amended deal and missed a key deadline.
This marks a serious setback for New Fortress Energy Inc. (NASDAQ:NFE), since the multi-billion-dollar contract was viewed as a potential financial lifeline for the debt-laden company, resulting in a drop in investor confidence.
While we acknowledge the potential of NFE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Best Crude Oil Stocks to Buy According to Hedge Funds and The 5 Energy Stocks Billionaires are Quietly Piling Into.
Disclosure: None.
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