** Shares of U.S.-based LNG company New Fortress Energy NFE.O fall 15.5% to $2.07 premarket
** Co late on Friday reported wider Q2 loss as lower contributions due to asset sales weighed on its performance
** NFE posts a net loss of $556.8 million, or $2.02 per share, compared to a loss of $86.9 million, or 44 cents per share, a year earlier
** Q2 revenue drops to $301.7 million from $428 million a year earlier
** Co has initiated a process to evaluate its strategic alternatives to improve its capital structure
** It will consider all options, including asset sales, capital raising, debt amendments and refinancing to provide additional liquidity and relief from acceleration under debt agreements
** As of last close, NFE shares down 83.8% YTD