In this article, we are going to discuss the energy stocks that are losing this week.
The American shale sector suffered a setback last weekend after the world’s largest group of oil producers, OPEC+, announced yet another big increase of 411,000 barrels per day in oil production for the month of July. The move marks the latest push by the coalition to punish its rogue members and recoup lost market share.
Harry Tchilinguirian, analyst at Onyx Capital Group, stated:
“Today’s decision only goes to show that market share is on top of the agenda. If price will not get you the revenues you want, they are hoping that volume will.”
The WTI crude oil price has plunged by around 25% since last summer and is currently hovering just over the $63 mark. This creates a lot of uncertainty for the US shale producers to drill new wells profitably, as they require WTI prices starting at $61 per barrel and reaching $70 for the Permian Basin, outside the Delaware Basin part of it. The shale drilling sector is already faced with rising material costs and natural depletion, so the latest decision by OPEC+ only adds to their troubles.
Our Methodology
To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between May 27 to June 3, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period.
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10. National Grid plc (NYSE:NGG)
Share Price Decline Between May 27 – June 3: 4.51%
National Grid plc (NYSE:NGG) is one of the largest investor-owned energy companies in the US, serving more than 20 million people throughout New York and Massachusetts.
It was announced last week that National Grid plc (NYSE:NGG) has completed the sale of its National Grid Renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners. Moreover, the company announced its FY 2025 results recently, and investors reacted negatively to the fact that National Grid paid a dividend of 46.72p per share in 2024, down approximately 20% from the 58.52p the year before. For years, NGG offered a yield of more than 5.5%, which has now fallen to 4.31%.
9. Hallador Energy Company (NASDAQ:HNRG)
Share Price Decline Between May 27 – June 3: 5.47%
With its roots in oil and gas exploration, Hallador Energy Company (NASDAQ:HNRG) has evolved to concentrate on coal development and transportation delivery. The company is also pivoting towards power generation over coal production amid a tough outlook for fossil fuels in the US.
After closing at an all-time high of $19.4 last month, Hallador Energy Company (NASDAQ:HNRG) has been under pressure after the company disclosed that its agreement with a datacenter developer, which granted exclusivity in a potential power supply deal, has been terminated by the counterparty. Moreover, the company’s shareholders approved the Second Amended and Restated 2008 Restricted Stock Unit Plan last week, increasing the number of shares available for issuance by 2,000,000 and extending the plan’s term until May 29, 2035.
However, despite the recent setback, Hallador Energy Company (NASDAQ:HNRG) has delivered an impressive return of more than 87% over the last year.
8. PrimeEnergy Resources Corporation (NASDAQ:PNRG)
Share Price Decline Between May 27 – June 3: 6.18%
PrimeEnergy Resources Corporation (NASDAQ:PNRG) engages in the acquisition, development, and production of oil and natural gas properties in the United States.
The share price of PrimeEnergy Resources Corporation (NASDAQ:PNRG) surged last month after the company posted impressive results for its Q1 2025, reporting a 16.4% YoY increase in revenue. The energy firm also posted notable increases in oil, natural gas, and NGL production, while repurchasing $9.17 million worth of shares during the quarter. However, PNRG’s net income declined by 19.3% YoY while its diluted EPS decreased by 15.7% YoY. The stock has been under pressure since then, possibly due to profit-taking by investors.
7. National Energy Services Reunited Corp. (NASDAQ:NESR)
Share Price Decline Between May 27 – June 3: 6.28%
With a presence in over 16 countries, National Energy Services Reunited Corp. (NASDAQ:NESR) offers a comprehensive suite of production services, including hydraulic fracturing, cementing, coiled tubing, filtration, completions, stimulation, pumping, and nitrogen services.
National Energy Services Reunited Corp. (NASDAQ:NESR) fell last week after the company reported lower-than-expected results for its Q1 2025, primarily due to the ‘seasonal slowdowns associated with the holy month of Ramadan and continued macroeconomic uncertainty’. The energy firm posted an adjusted EPS of $0.14 against estimates of $0.2, while its revenue of $303.1 million also fell short of consensus by $5.21 million.
However, National Energy Services Reunited Corp. (NASDAQ:NESR) reported a net income of $10.4 million during the first quarter, up from $0.4 million in the same period last year. This uptick was mostly driven by increased rig assignments in Saudi Arabia and higher contributions from the ROYA™ advanced directional drilling platform.
6. Uranium Royalty Corp. (NASDAQ:UROY)
Share Price Decline Between May 27 – June 3: 6.41%
Next on our list of Energy Stocks that are Losing This Week is Uranium Royalty Corp. (NASDAQ:UROY), a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests.
Uranium Royalty Corp. (NASDAQ:UROY) gained over 25% last month after President Trump signed an executive order aimed at reinvigorating the American nuclear energy sector and ‘re-establishing the United States as the global leader in nuclear energy’. The plan also includes increasing investments in domestic uranium mining and enrichment and reducing reliance on imports. The strategic move is expected to drive up the price of the nuclear fuel, which has fallen about 32% from the highs it hit in 2023.
Analysts have estimated the incentive prices for new uranium production at above $100/lb, providing significant future cash flow potential for companies like Uranium Royalty Corp. (NASDAQ:UROY).
5. Oklo Inc. (NYSE:OKLO)
Share Price Decline Between May 27 – June 3: 7.66%
Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.
Oklo Inc. (NYSE:OKLO) skyrocketed last month after President Trump signed an executive order to quadruple America’s nuclear energy capacity and ensure the country’s energy security amid a record rise in electricity demand. The order placed special attention on small modular reactors, or SMRs, presenting a significant opportunity for operators like Oklo. The company’s Aurora Powerhouse, capable of holding up to 75 MW, is well-suited to meet the needs of large-scale data operators without the necessity for design alterations.
So the recent drop in Oklo Inc. (NYSE:OKLO) could be due to investors taking their profits following the stock’s massive rally. Despite the decline last week, the share price of OKLO has surged by more than 95% over the last month.
4. Core Natural Resources, Inc. (NYSE:CNR)
Share Price Decline Between May 27 – June 3: 9.05%
Core Natural Resources, Inc. (NYSE:CNR) is a world-class producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals.
Investors reacted negatively after Core Natural Resources, Inc. (NYSE:CNR) announced that it would idle operations at its Itmann mine in West Virginia in August, citing ‘weaker than expected market conditions and economic forces affecting the industry and the mine’. The mine’s output could never achieve its expected levels due to ongoing supply chain and geological challenges, which led to this tough decision. As a result, CNR will also be laying off its 200 employees at the mine by the end of August.
3. Ur-Energy Inc. (NYSEAMERICAN:URG)
Share Price Decline Between May 27 – June 3: 13.03%
Ur‑Energy Inc. (NYSEAMERICAN:URG) is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.
Ur‑Energy Inc. (NYSEAMERICAN:URG) rallied last month after President Trump signed an executive order to revive the American nuclear energy sector and quadruple the country’s nuclear capacity by 2050. The plan also includes investing in the domestic mining and enrichment of uranium and reducing reliance on imports from China and Russia, which presents a great opportunity for players like Ur-Energy. So the recent downturn in share price could be due to investors taking their profits.
Investors also reacted negatively to Ur‑Energy Inc. (NYSEAMERICAN:URG) getting dropped from the Russell 3000 and Russell Microcap Indexes, as part of their respective 2025 annual reconstitutions.
2. Sable Offshore Corp. (NYSE:SOC)
Share Price Decline Between May 27 – June 3: 27%
Sable Offshore Corp. (NYSE:SOC) is a Houston-based independent upstream company focused on developing the prolific Santa Ynez Unit in federal waters offshore California.
After gaining over 76% in May, Sable Offshore Corp. (NYSE:SOC) suffered a major setback last week after the California Coastal Commission secured a preliminary injunction against the company’s pipeline repair and maintenance activities within the coastal zone of Santa Barbara County. The situation got worse for SOC this week when there was a second court action, barring Sable from restarting operations with the pipeline while a lawsuit related to the restart is being resolved. After a massive wave of positive investor sentiment, the company is now faced with potential project delays and additional costs, causing frustration among its shareholders.
1. Brooge Energy Limited (NASDAQ:BROG)
Share Price Decline Between May 27 – June 3: 52.35%
Topping our list of Energy Stocks that are Losing This Week is Brooge Energy Limited (NASDAQ:BROG), the parent company of Brooge Petroleum and Gas Investment Company FZE, which operates as a midstream oil storage and service provider out of the Emirate of Fujairah in the United Arab Emirates.
Brooge Energy Limited (NASDAQ:BROG) crashed this week after the company announced that it would voluntarily delist from NASDAQ by mid-June, with no intentions to list its shares on any other securities exchange. Brooge’s board of directors made the decision after considering several factors, including the absence of an active trading market for the company’s securities, the resources and expenses associated with maintaining SEC and Nasdaq reporting requirements, and the regulatory burdens that have led to significant operating expenses and management focus.
It must be mentioned that Brooge Energy Limited (NASDAQ:BROG) skyrocketed with gains of over 237% earlier in May after President Trump’s successful visit to the United Arab Emirates, with several energy deals signed between the two allies. Moreover, on May 28, 2025, Brooge announced a definitive agreement to sell its core subsidiaries to Gulf Navigation in a deal worth around $884 million. The transaction is expected to close by the end of the third quarter of 2025.
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