The Liquefied Natural Gas Ltd (ASX: LNG) share price has been absolutely crushed today, falling 16.4% and making it the worst-performing share on the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO).
LNG Ltd’s share price is now sitting at just 94 cents which is the company’s lowest share price since June 2014.
If you own shares of Liquefied Natural Gas, you might want to look away now…
Shares of LNG Ltd have now fallen more than 81% since they peaked at $5 in April this year. As oil and liquefied natural gas prices continue to deteriorate, LNG Ltd is becoming an increasingly risky investment prospect and one that ‘Foolish’ investors would be wise to avoid, for now.