Why These Energy Stocks Are Losing This Week

8. TETRA Technologies, Inc. (NYSE:TTI)

Share Price Decline Between Mar. 27 and Apr. 3: 19.47%

TETRA Technologies, Inc. (NYSE:TTI) is a diversified oil and gas services company focused on completion fluids, water management, and production testing.

TETRA Technologies, Inc. (NYSE:TTI) reported an adjusted EPS of $0.03 in Q4 2024, which was in line with analysts’ forecasts. However, the company’s revenue of $134.5 million fell below expectations by $4.46 million. TTI’s share price has plunged following the Trump administration’s decision to slash foreign aid contracts. The company makes a substantial chunk of its revenue from contracts with federal, state, and local government agencies, and just last October, it announced a lucrative $5 billion contract from USAID to help developing countries around the globe.