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.
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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.
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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.
8. Nine Energy Service, Inc. (NYSE:NINE)
Share Price Decline Between Feb. 24 and Mar. 3: 19.45%
Nine Energy Service, Inc. (NYSE:NINE) operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. The company is set to announce its Q4 and full-year 2024 results on Thursday, March 6, 2025. The company expects Q4 to be down compared with the previous quarter with revenue expected between $132 million and $142 million, primarily due to a moderate slowdown due to budget exhaustion, weather, and holidays, as well as a decrease in international tool sales.
Shares of Nine Energy Service, Inc. (NYSE:NINE) have plunged by over 51% over the last year as the company deals with industry-wide problems, including fluctuating energy prices and operational hurdles, which have severely impacted its market performance and investor confidence.
7. Valaris Limited (NYSE:VAL)
Share Price Decline Between Feb. 24 and Mar. 3: 19.66%
Valaris Limited (NYSE:VAL), together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, the US, Gulf of Mexico, Australia, Angola, and internationally.
Valaris Limited (NYSE:VAL) recently revealed its Q4 2024 results, with total earnings of $133.7 million. The figure beat market expectations but was far below the net income of $835.2 million in the same period of 2023.
Valaris Limited (NYSE:VAL) expects growth to slow down in Q1 of 2025, with total revenues in the range of $586 to $600 million compared to $584 million in Q4 2024. Revenues for the first quarter are expected to be flat to slightly higher as more operating days for Valaris DS-4 are largely offset by fewer operating days for DS-12. Moreover, the company announced that it has planned the retirement of semisubmersibles VALARIS DPS-3, DPS-5, and DPS-6, and the sale of jackup VALARIS 75 for $24 million in the first quarter of 2025.
6. Transocean Ltd. (NYSE:RIG)
Share Price Decline Between Feb. 24 and Mar. 3: 19.82%
Transocean Ltd. (NYSE:RIG) is a leading international provider of offshore contract drilling services for oil and gas wells.
Transocean Ltd. (NYSE:RIG) has a strong disconnect between its fundamentals and its share price, as the stock remains at the same levels as October 2022, despite a vastly improved business environment. The company also beat market expectations with a Q4 EPS of $0.05. However, its revenue of $952 million, though up almost 28.5% YoY, was below analysts’ estimates by $10.68 million.
Transocean Ltd. (NYSE:RIG) was included among the 10 Worst Performing Energy Stocks in 2024.
5. Borr Drilling Limited (NYSE:BORR)
Share Price Decline Between Feb. 24 and Mar. 3: 20%
Borr Drilling Limited (NYSE:BORR) is a premier offshore shallow-water drilling contractor dedicated to providing exceptional drilling services to the global oil and gas industry.
Borr Drilling Limited (NYSE:BORR) stated in its Q4 2024 earnings call that the softening demand and declining day rates in the second half of last year signaled potential headwinds for the global jack-up market heading into 2025. The company anticipates that the market will continue to face uncertainties this year. Moreover, Borr’s Q1 2025 will be negatively impacted by suspensions of three rigs in Mexico, in addition to idle time on Arabia One and the Vale.
4. Stabilis Solutions, Inc. (NASDAQ:SLNG)
Share Price Decline Between Feb. 24 and Mar. 3: 23.31%
Stabilis Solutions, Inc. (NASDAQ:SLNG) is a leading provider of turnkey clean energy production, storage, and delivery solutions of LNG.
Shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) fell sharply last week after the company announced its Q4 2024 results. Stabilis faced challenges as its revenue decreased by 4.16% YoY to $17.3 million, also missing market expectations by over $602,000. The stock is under pressure due to reduced oil and gas customer activity and flat overall revenue growth for the year.
Although the stock of Stabilis Solutions, Inc. (NASDAQ:SLNG) has plunged over the last week, the company’s share price has surged by more than 25% over the last year.
3. Civitas Resources, Inc. (NYSE:CIVI)
Share Price Decline Between Feb. 24 and Mar. 3: 28.6%
Civitas Resources, Inc. (NYSE:CIVI) is an oil and gas exploration and production company with assets in Colorado and Texas. The company had a tough Q4 2024 as it reported a Non-GAAP EPS of $1.78, missing estimates by $0.21. Its revenue came in at $1.29 billion, below market expectations by $10 million. Moreover, the company is aiming to lower average annual oil volumes by approximately 3 MBbl/d as compared to 2024, raising concerns among investors and analysts.
As a result of the lower-than-expected results and forecast, Civitas Resources, Inc. (NYSE:CIVI) was downgraded by KeyBanc Capital Markets from Overweight to Sector Weight.
2. Clean Energy Fuels Corp. (NASDAQ:CLNE)
Share Price Decline Between Feb. 14 – Feb. 24: 29.52%
Clean Energy Fuels Corp. (NASDAQ:CLNE) offers natural gas as alternative fuel for vehicle fleets and related fueling solutions in the United States and Canada. The company posted a revenue of $109.3 million in its Q4 2024, up 2.31% YoY and beating analysts’ estimates. However, the CLNE’s Clean Energy segment posted a net loss of $30.2 million, 61.5% more compared to the loss reported in the same period in 2023.
Moreover, Clean Energy Fuels Corp. (NASDAQ:CLNE)’s outlook for 2025 includes an adjusted EBITDA of $50 million to $55 million compared to its 2024 adjusted EBITDA of $77 million. The downgrade is due to the uncertainty under the Trump administration surrounding the alternative-fuel tax credit, which contributed nearly $24 million to the company’s results last year.
1. enCore Energy Corp. (NASDAQ:EU)
Share Price Decline Between Feb. 14 – Feb. 24: 47.06%
enCore Energy Corp. (NASDAQ:EU) engages in the acquisition, exploration, and development of uranium resource properties in the United States. The company is the only American uranium producer with multiple extraction facilities in operation.
Shares of enCore Energy Corp. (NASDAQ:EU) plunged after the company announced its Q4 2024 results, which were below market expectations. EU announced revenue of $19.24 million during the quarter, missing estimates by over $550,000. The company also reported a loss per share of $0.14, far below expectations of a loss per share of $0.03. enCore’s loss for the full-year 2024 increased by over 139% YoY to $61.3 million, raising concerns about its profitability.
Overall, enCore Energy Corp. (NASDAQ:EU) 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 EU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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