We recently published a list of Why These Energy Stocks Are Losing This Week. In this article, we are going to take a look at where Golar LNG Limited (NASDAQ:GLNG) stands against other energy stocks that are losing this week.
2024 was a tough year for the fossil fuel industry, with high volatility coming from factors such as geopolitical tensions, natural disasters, supply chain disruptions, and a dampening demand due to a global economic slowdown. As a result, fossil fuel stocks reported a return of 5.72% last year, compared to gains of over 23% by the broader market.
Connor Chung, an energy finance analyst at the Institute for Energy Economics and Financial Analysis, stated:
“The traditional fossil fuel business model faces structural risks in a decarbonizing world, and the industry has yet to demonstrate a coherent response to this reality. Investors should take note that the industry has spent much of the last decade dragging down long-term investment portfolios.”
2025 isn’t looking very promising for the sector either, as it has become a victim of a trade war sparked by the tariffs imposed by the Trump administration. The president has doubled the planned tariffs on Canadian steel and aluminum imports to 50%, and this could have devastating effects on the American oilfield services industry, which heavily relies on these metals for their operations. The impact of the said levies will most likely be passed on to companies in the exploration and production segment, particularly smaller-scale producers who are more exposed to spot market pricing. To make matters worse, the tariffs come at a time when crude oil prices have plummeted to their lowest since Russia’s invasion of Ukraine disrupted global supply chains, further decreasing margins for a struggling industry.
Our Methodology
To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between March 3 and March 10, 2025. The stocks are ranked according to their share price decline during this period.
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An aerial view of offshore rigs with oil storage tanks, reflecting the company’s marine infrastructure.
Golar LNG Limited (NASDAQ:GLNG)
Share Price Decline Between Mar. 3 and Mar. 10: 14.84%
As one of the world’s largest independent owners and operators of marine-based LNG midstream infrastructure, Golar LNG Limited (NASDAQ:GLNG) designs, converts, owns, and operates marine infrastructure that turns natural gas into LNG.
Golar LNG Limited (NASDAQ:GLNG) witnessed a disappointing Q4 2024, with a revenue of $65.92 million, down 17.27% YoY and below market estimates by $7.62 million. The company’s adjusted EPS also missed market expectations by $0.37. That said, the company’s liquidity remains strong with approximately $700 million of cash on hand at the end of the quarter. As a result, the company approved a total Q4 2024 dividend of $0.25 per share to be paid later this month.
Overall, GLNG ranks 7th on our list of energy stocks that are losing this week. While we acknowledge the potential for energy stocks, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GLNG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
