New Fortress Energy slides to an all-time low after Q1 loss

Shares of U.S.-based LNG company New Fortress Energy NFE.O slide 51.8% to an all-time low of $3.27

Company late on Wednesday reported Q1 loss, hurt by weak performance in ships, terminal and infrastructure segments

NFE reports Q1 net loss of $197.4 million, compared with net income of $56.7 million a year ago

NFE also closed the sale of its Jamaica assets and operations to Excelerate Energy EE.N for $1.06 billion

"Overall results were significantly weaker than expected and much worse than even the lowest estimate on the street," says Capital One Securities

Brokerage adds, "We are increasingly concerned that there may be little residual value for equity holders given current leverage"

Including session's moves, stock down 77.3% YTD