In this article, we are going to discuss the energy stocks that are losing this week.
President Donald Trump’s 10% tariff on Canadian energy went back into effect today, and while the United States is a major energy producer itself, it is highly reliant on imports from its northern neighbor.
READ ALSO: 11 Best Performing Energy Stocks So Far in 2025
Canada supplies 60% of America’s oil imports, about 4 million barrels a day, making it the largest crude oil supplier to the US. Canada is also responsible for nearly all of the US natural gas imports and the two countries even share an integrated electricity grid, significantly bolstering grid resilience and economic efficiency. Hence, President Trump’s tariffs are expected to have serious consequences on the energy prices in the US in the coming days, raising concerns about energy stability and inflation in the country.
The said tariffs are expected to significantly impact the American oil refining sector, especially in the Midwest, which is highly dependent on imports of heavy Canadian crude. The CEO of a major US oil refiner recently stated that the major brunt of the tariffs will be borne by the producers and then to a lesser extent by the consumers, further reducing margins for an industry that already struggled last year.
The broader energy sector has surged by 0.73% over the last year, significantly lagging behind gains of over 14% by the wider market, as of the close of March 3, despite the recent selloff on Monday.
With that said, here are the Energy Stocks that Fell the Most this Week.
A power transmission tower with a desert sunset in the background, symbolizing power and energy.
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 24 to March 3, 2025. The stocks are ranked according to their YTD share prices. Following are the Energy Stocks that Lost the Most This Week.
At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Seadrill Limited (NYSE:SDRL)
Share Price Decline Between Feb. 24 and Mar. 3: 18.69%
Seadrill Limited (NYSE:SDRL) provides offshore contract drilling services to the oil and gas industry worldwide. The company recently revealed its Q4 2024 performance, posting revenue of $289 million, down by over 29% YoY, and missing analysts’ estimates by $7.81 million, primarily due to lower contract revenues. The company is also going through some legal troubles and the Norwegian court announced a verdict against Seadrill last month, slapping $48 million inclusive of penalties and interest relating to its redelivery of the Hercules rig. Moreover, Seadrill also received notices from Petrobras in January asserting penalties against its subsidiary in Brazil. Seadrill announced that its ongoing operational difficulties will adversely impact its Q1 and full-year 2025 EBITDA by approximately $55 million.
9. Tidewater Inc. (NYSE:TDW)
Share Price Decline Between Feb. 24 and Mar. 3: 18.83%
Tidewater Inc. (NYSE:TDW), together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide.
Shares of Tidewater Inc. (NYSE:TDW) have plunged by over 50% over the last year, primarily due to a downturn in the broader offshore energy sector. The company released its Q4 2024 results last week and its EPS came in at $0.71, missing market expectations by $0.22. Moreover, Tidewater’s outlook for 2025 looks bleak, as it expects the growth in offshore drilling activity to be more muted throughout this year as compared to what was anticipated earlier in 2024. It also expects fewer offshore rigs working in 2025 as compared to 2024, which will have an impact on demand for offshore vessels.