Why These Energy Stocks Are Losing This Week

6. Greenfire Resources Ltd. (NYSE:GFR)

Share Price Decline Between May 6 – May. 13: 5.53%

Ranking at number 6 on our list of Energy Stocks that Lost the Most This Week is Greenfire Resources Ltd. (NYSE:GFR), an oil sands producer that is actively developing its long-life and low-decline thermal oil assets in the Athabasca region of Alberta, Canada.

The share price of Greenfire Resources Ltd. (NYSE:GFR) continues to plunge after it missed forecasts in its Q1 2025 results posted last week. The company’s EPS of $0.17 fell short of expectations by $0.06, while its revenue also fell by 8.6% YoY. Greenfire also highlighted a 10% drop from the previous quarter in bitumen production, which came in at 17,495 bbls/d.