In this article, we are going to discuss the energy stocks that are losing this week.
2024 was a tough year for the global energy industry, the result of a rapidly evolving regulatory and geopolitical landscape. The broader energy sector ended last year with an uptick of just 5.72%, significantly lagging behind gains of 25% by the wider market.
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The oil and gas industry, a significant segment of the overall energy sector and a major contributor to the global GDP, is going through a tough period as it battles declining prices, a shifting global political landscape, and decreasing demand due to the ongoing energy transition towards renewables. The US Energy Information Administration stated last month that it expects Brent crude oil prices to fall 8% to average $74 a barrel in 2025, then fall further to $66 a barrel in 2026, as supply outpaces demand.
The ongoing AI revolution and the accompanying data center boom, which has been widely expected to drive global energy demand, was also shaken up last month after the Chinese start-up DeepSeek revealed its energy and capital-efficient AI model. This cast serious doubt on a projected surge in US electricity demand, causing a wide number of energy stocks to record some of the biggest one-day drops in recent history.
With that said, here are the Energy Stocks that Stumbled the Most this Week.
A vast oil and gas rig silhouetted in the sunset, capturing the power of Swift Energy Company.
Methodology
To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between February 14 to February 24, 2025. Following are the Energy Stocks that are Losing the Most This Week.
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10. Kosmos Energy Ltd. (NYSE:KOS)
Share Price Decline Between Feb. 14 – Feb. 24: 8.28%
Kosmos Energy Ltd. (NYSE:KOS) is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy.
Investors reacted negatively to Kosmos Energy Ltd. (NYSE:KOS)’s Q4 2024 results as the company reported a net loss of $6.6 million against a net income of $21.7 million a year prior. Revenue also fell 22% to $397.7 million from $507.8 million in Q4 2023. Moreover, due to a sharp decline in profitability, the company’s capital expenditures are also expected to fall significantly from an average of over $800 million in 2024 to $400 million this year.
9. Prairie Operating Co. (NASDAQ:PROP)
Share Price Decline Between Feb. 14 – Feb. 24: 8.46%
Prairie Operating Co. (NASDAQ:PROP) is an independent energy company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States.
Shares of Prairie Operating Co. (NASDAQ:PROP) declined earlier this month after it announced a $602.75 million acquisition and a stock offering that would provide proceeds toward the deal. The acquisition of DJ Basin Assets from Bayswater Exploration would significantly increase the scope of the company’s operations and bolster its presence in the Denver-Julesburg Basin. PROP plans to use cash on hand, credit facility borrowings, and proceeds from the $200 million stock offering to fund the strategic deal.
8. U.S. Energy Corp. (NASDAQ:USEG)
Share Price Decline Between Feb. 14 – Feb. 24: 10.34%
U.S. Energy Corp. (NASDAQ:USEG) is an independent company that identifies and strategically invests in upstream oil and gas assets with a primary focus on oil.
Shares of U.S. Energy Corp. (NASDAQ:USEG) have surged by over 65% over the last year. However, the company has recently been struggling after its Q3 2024 revenue fell sharply by 43.29% YoY and missed market expectations. The company also reported a net loss of $2.2 million, or a loss of $0.08 per diluted share, during the quarter.
The stock price of U.S. Energy Corp. (NASDAQ:USEG) also witnessed a downturn after investors reacted negatively to the public offering of approximately 4.2 million common shares priced at $2.65 each, intended for funding industrial gas developments.
7. SM Energy Company (NYSE:SM)
Share Price Decline Between Feb. 14 – Feb. 24: 12.2%
SM Energy Company (NYSE:SM) is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States.
SM Energy Company (NYSE:SM) recently reported decent Q4 2024 results but its production was marginally lower than expected due to third-party crude takeaway issues in the Uinta Basin. The company’s Q4 revenue of $852.2 million was slightly above market expectations by around $2.8 million and its EPS came in at $1.91, just as analysts had anticipated.
The stock price of SM Energy Company (NYSE:SM) has declined by more than 20% over the last year, reaching a 52-week low of $33.08.
6. Uranium Energy Corp. (NYSE:UEC)
Share Price Decline Between Feb. 14 – Feb. 24: 12.36%
Uranium Energy Corp. (NYSE:UEC) is the fastest-growing North American uranium supplier, fueling the growing demand for carbon-free nuclear energy.
Nuclear energy stocks have lost momentum over the last few months and a major reason for that is the decline in the prices of uranium. After hitting a high in February 2024, prices fell significantly to the $60 range in December. Moreover, uranium stocks like UEC also fell after Chinese AI start-up DeepSeek revealed its highly efficient model developed at only a fraction of the cost of other more popular AI. This implies that Western companies have been investing in way more chips than they need to so no one is going to need huge amounts of nuclear power for all these chips.
5. Flotek Industries, Inc. (NYSE:FTK)
Share Price Decline Between Feb. 14 – Feb. 24: 13.19%
Flotek Industries, Inc. (NYSE:FTK) is a leading chemistry and data technology company focused on servicing the Energy industry.
Shares of Flotek Industries, Inc. (NYSE:FTK) have surged sharply by over 162% over the last year. In fact, FTK was even included in our list of the 15 Energy Infrastructure Stocks that are Skyrocketing last month. The company showed a strong performance in Q3 2024, topping estimates in both revenue and EPS. Moreover, Flotek CEO Dr. Ryan Ezell announced last month that the upcoming Q4 results are expected to be the strongest in terms of net income and adjusted EBITDA, so the current downturn in share price appears to be the market correcting itself in anticipation of the Q4 results, set to be announced on March 10, 2025. Another reason could be that analysts expect FTK’s revenue growth to slow down in Q4 2025, however, the company’s fundamentals remain strong.
4. Gran Tierra Energy Inc. (NYSE:GTE)
Share Price Decline Between Feb. 14 – Feb. 24: 13.29%
Gran Tierra Energy Inc. (NYSE:GTE), together with its subsidiaries, is an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador.
Gran Tierra Energy Inc. (NYSE:GTE) shared its Q4 2024 results recently, revealing that the company made a net loss of $34.21 million in the quarter, compared to the prior year’s profit of $7.71 million. GTE’s loss per share came in at $1.04, compared to a profit of $0.23 in the prior year period. Moreover, the company’s funds flow from operations also fell to $44.13 million, down from $84.66 million a year earlier.
3. Clean Energy Fuels Corp. (NASDAQ:CLNE)
Share Price Decline Between Feb. 14 – Feb. 24: 13.42%
Clean Energy Fuels Corp. (NASDAQ:CLNE) pioneered renewable natural gas as a vehicle fuel in the US and continues to be North America’s largest provider of RNG for the transportation industry.
Clean Energy Fuels Corp. (NASDAQ:CLNE) recently reported a revenue of $109.3 million in its Q4 2024, up 2.31% YoY and beating market expectations. However, the company’s Clean Energy segment posted a net loss of $30.2 million, compared to a net loss of $18.7 million for Q4 2023. Shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) recently tumbled to a 52-week low of $2.02, reflecting investor sentiment towards the future of renewable energy under the Trump administration.
2. Vital Energy, Inc. (NYSE:VTLE)
Share Price Decline Between Feb. 14 – Feb. 24: 16.36%
Vital Energy, Inc. (NYSE:VTLE) is an independent energy company exploring, acquiring, and developing sustainable energy-producing assets and technologies.
Vital Energy, Inc. (NYSE:VTLE) stocks tumbled after the company reported a net loss of $359.4 million in its Q4 2024, with a non-cash impairment loss significantly impacting earnings, despite achieving a record production level. The company posted a revenue of $534.37 million for Q4, up 20.2% YoY but falling short of consensus estimates. That said, VTLE ended the year with proved reserves of 455.3 million BOE, an increase of 12% versus the prior year. The company also maintains solid liquidity, with $880 million drawn on its $1.5 billion senior secured credit facility and cash and cash equivalents of $40 million as of the end of 2024.
1. Centrus Energy Corp. (NYSE:LEU)
Share Price Decline Between Feb. 14 – Feb. 24: 21.41%
Centrus Energy Corp. (NYSE:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry.
Shares of Centrus Energy Corp. (NYSE:LEU) surged by over 45% earlier this month after the company posted strong results for its Q4 2024. LEU reported a revenue of $151.6 million, up 46.33% and beating market expectations by over $44.9 million. The company’s EPS of $3.2 was also above analysts’ estimates by a significant $1.56. However, the stock has retracted ever since, reflecting the ongoing general trend among nuclear energy stocks. The stocks’ fortunes are closely tied to growth in artificial intelligence and now there are concerns that the AI industry might not require as much energy as previously anticipated.
Overall, Centrus Energy Corp. (NYSE:LEU) ranks first on our list of the 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 LEU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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