Why These Energy Stocks Are Losing This Week

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1. Nine Energy Service, Inc. (NYSE:NINE)

Share Price Decline Between Apr. 30 – May. 7: 26.1%

Topping our list of Energy Stocks that Lost the Most This Week is Nine Energy Service, Inc. (NYSE:NINE), which operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally.

Nine Energy Service, Inc. (NYSE:NINE) plunged to its 52-week low after the company missed earnings estimates in its Q1 2025, reporting an EPS of -$0.18 against expectations of -$0.15. However, the company’s revenue of $150.47 million managed to top estimates by $1.27 million. Moreover, NINE has revealed that it expects its Q2 revenue and earnings to be lower compared to Q1, as a result of the current uncertainty created by declining oil prices and activity declines.

Overall, Nine Energy Service, Inc. (NYSE:NINE) ranks first on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NINE but that trades at less than 5 times its earnings, check out our report about this 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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