5 Worst Performing Energy Stocks in 2023

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In this piece, we will take a look at the five worst performing energy stocks in 2023. If you want to take a look at recent trends in the energy sector, then check out 15 Worst Performing Energy Stocks in 2023.

5. CBL International Limited (NASDAQ:BANL)

Year To Date Share Price Losses: 62.67%

CBL International Limited (NASDAQ:BANL) is a Malaysian company that listed its shares on the NASDAQ in March. The stock appreciated by more than 100% in the days before the listing was closed. However, the shares tanked a day after the firm filed its annual report for 2022 operations with the SEC.

Insider Monkey’s first quarter of 2023 survey covering 943 hedge funds revealed that only one had invested in CBL International Limited (NASDAQ: BANL) of March 2023 end.

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