Why These Energy Stocks Are Losing This Week

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1. New Era Helium, Inc. (NASDAQ:NEHC)

Share Price Decline Between Mar. 17 and Mar. 24: 16.97%

New Era Helium, Inc (NASDAQ:NEHC) is an energy company extracting helium from natural gas reserves in North America.

The stock of New Era Helium, Inc (NASDAQ:NEHC) had risen by over 47% between March 10 and March 17, 2025, so the recent decline last week seems to be due to investors taking their profits. NEHC had surged following the announcement that it was advancing its plans for a new data center with Sharon AI. The two companies are planning to acquire 200 acres in West Texas for the development of a 250MW AI/HPC data center that will be powered via natural gas from New Era.

Overall, New Era Helium, Inc (NASDAQ:NEHC) 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 NEHC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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