🔴 New Fortress Energy is trading 5.8% down after a turbine problem took Fast LNG offline

New Fortress Energy is trading 5.8% down at $5.53 after a mechanical problem with a gas turbine took its Fast LNG unit offshore Altamira, Mexico, offline.

• The company is working with the turbine manufacturer and expects the unit to return to service during the fourth quarter.
• The outage was disclosed on October 5 and reported again on October 6.
• Broader markets are higher; no trading-volume data is available here.