Why These Energy Stocks Are Losing This Week

4. ProFrac Holding Corp (NASDAQ:ACDC)

Share Price Decline Between Mar. 10 and Mar. 17: 4.74%

ProFrac Holding Corp. (NASDAQ:ACDC) is a technology-focused energy services company operating in the United States.

ProFrac Holding Corp. (NASDAQ:ACDC) had a tough Q4 2024, reporting a revenue of $454.7 million, down 7% YoY and missing expectations by $24.56 million. The company’s EPS of -$0.54 was also below estimates by $0.2. ACDC posted a net loss of $208 million in the fourth quarter, compared to a net loss of $53 million in Q3. Operating cash flow also declined by 33.7% from the previous quarter to $367 million.