In this article, we are going to discuss the energy stocks that are losing this week.
After falling to a multi-year low of around $57, the West Texas Intermediate (WTI) crude oil price has surged by over 19% and is currently hovering just over the $68 mark. The uptick comes as a result of a potential trade deal between the United States and China, as a much-awaited trade deal between the two largest economies could support global economic growth and increase oil demand.
However, the threat of increased supply still looms, as OPEC+ recently announced yet another big increase of 411,000 barrels per day in oil production for July. On the other hand, the European Commission recently proposed more sanctions against Russia for its invasion of Ukraine, aimed at the country’s energy revenues, banks, and military industry. Russia was the second-largest producer of crude oil in the world last year, so another wave of sanctions could make it harder for the Putin administration to supply more of that oil to the world markets, helping support prices.
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 June 3 to June 10, 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. Sable Offshore Corp. (NYSE:SOC)
Share Price Decline Between June 3 – June 10: 4.66%
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.
Sable Offshore Corp. (NYSE:SOC) continues to sink after Santa Barbara County Superior Court Judge Donna Geck ordered the company to halt restart efforts on the operation’s onshore pipeline system while a related lawsuit is being resolved. The restraining order will remain in effect through at least mid-July and could even be extended. As a result, Sable has now pushed back their restart timeline from the beginning of July to August 1, 2025.
Sable Offshore Corp. (NYSE:SOC) posted significant gains in May after the company announced that it had restarted oil production at the previously dormant Santa Ynez Unit. However, the stock has now sunk by more than 30% over the last two weeks following the interventions by the court and the California Coastal Commission.
9. Cheniere Energy, Inc. (NYSE:LNG)
Share Price Decline Between June 3 – June 10: 5.8%
Headquartered in Texas, Cheniere Energy, Inc. (NYSE:LNG) is the largest producer of LNG in the United States and the second-largest LNG operator in the world.
Cheniere Energy, Inc. (NYSE:LNG) is going through a slowdown after the company reported that it had begun annual maintenance work on its Sabine Pass facility in Texas, the largest LNG plant in the country. As a result, gas flows to Sabine are likely to remain reduced until June 22.
It was also revealed this week that Cheniere Energy, Inc. (NYSE:LNG) has applied to the FERC for permission to expand its Sabine Pass plant. The project will include the addition of three natural gas liquefaction trains to the facility, which already boasts an annual capacity of 30 million metric tons per annum (mtpa).
8. Hallador Energy Company (NASDAQ:HNRG)
Share Price Decline Between June 3 – June 10: 6.02%
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 has also been strategically shifting its focus from coal production to power production amid a tough outlook for fossil fuels in the US.
Hallador Energy Company (NASDAQ:HNRG) continues to plunge after it was announced recently that the company’s proposed deal to supply a ‘global data center developer’ with coal-fired power has fallen through. The agreement, signed in January, would have helped Hallador sell most of its produced energy and capacity at prices higher than the forward curve for over a decade.
Additionally, Hallador Energy Company (NASDAQ:HNRG) recently approved the Second Amended and Restated 2008 Restricted Stock Unit Plan, increasing its number of shares available for issuance by 2,000,000 and extending the plan’s term until May 29, 2035.
7. Kinetik Holdings Inc. (NYSE:KNTK)
Share Price Decline Between June 3 – June 10: 6.09%
Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services.
Kinetik Holdings Inc. (NYSE:KNTK) fell under pressure last week after ISQ Global Fund II GP LLC sold over 4 million shares of the company for $188.2 million.
Moreover, Citi analyst Spiro Dounis recently added a ‘downside 30-day short-term view’ on the shares of Kinetik Holdings Inc. (NYSE:KNTK), while maintaining a Buy rating and a price target of $55. The analyst highlighted two events tied to Kinetik’s Durango acquisition that could represent a short-term overhang. These include the expiration of a lock-up period on June 24 and deferred compensation due on July 1, representing 7% of the total shares outstanding of KNTK. The analyst believes that the potential influx of these shares may lead to Kinetik’s stock being range-bound in the coming month.
6. Vistra Corp. (NYSE:VST)
Share Price Decline Between June 3 – June 10: 6.45%
A leading Fortune 500 integrated retail electricity and power generation company, Vistra Corp. (NYSE:VST) is the largest competitive power producer in the US with a capacity of approximately 41,000 MW.
Vistra Corp. (NYSE:VST) surged earlier this month after BofA significantly raised its price target from $167 to $193, while maintaining a Buy rating, as investor attention sharpens around the utility sector’s role in powering data infrastructure. The company even recently announced that it is expanding its portfolio with the acquisition of seven power plants spread across the country from Lotus Infrastructure Partners for $1.9 billion. So the recent downturn in share price could be due to profit-taking by investors. Moreover, there has also been news of insiders recently selling VST’s shares, which may have also put some pressure on the stock.
That said, institutional investors remain bullish on Vistra Corp. (NYSE:VST). Sound Shore Management stated the following regarding VST in its Q1 2025 investor letter:
“Finally, a strong contributor that we have discussed in past letters, power producer Vistra Corp. (NYSE:VST) continued its upward trajectory from last year into the first quarter. A long-term holding, Vistra is a low-cost provider with increasingly important carbon-free nuclear facilities to power data centers. We had been trimming our position as the stock approached our price target and sold the last of our holding early in the quarter.”
5. Constellation Energy Corporation (NASDAQ:CEG)
Share Price Decline Between June 3 – June 10: 7.03%
Next on our list of Stocks that Lost the Most This Week is Constellation Energy Corporation (NASDAQ:CEG), the largest producer of carbon-free energy in the US, with a special emphasis on nuclear power.
Constellation Energy Corporation (NASDAQ:CEG) received significant investor attention last week after the company signed a 20-year power purchase agreement (PPA) with Meta, with the tech giant buying around 1.12 GW of nuclear energy from Constellation’s Clinton Clean Energy Center in Illinois. The landmark deal helped create a strong bullish outlook for CEG, as several analysts also raised their respective price targets for the stock.
In fact, the agreement provided a boost to the overall utility and nuclear energy sectors, as it can serve as a model for Big Tech to support existing nuclear power plants, while also planning to power their data centers with new energy sources. So the recent downturn in the share price of Constellation Energy Corporation (NASDAQ:CEG) could be due to investors booking their profits after an eventful week for the stock.
4. Kodiak Gas Services, Inc. (NYSE:KGS)
Share Price Decline Between June 3 – June 10: 7.86%
Kodiak Gas Services, Inc. (NYSE:KGS) is a leading provider of natural gas contract compression services in the United States, bringing efficiency and reliability to all the major basins.
Kodiak Gas Services, Inc. (NYSE:KGS) has been under pressure over the last week following a drop in the price of natural gas. US natural gas futures have fallen by 7% since June 6, 2025, due to reduced gas flows to LNG export plants amid the ongoing spring maintenance. Key facilities affected include Cameron LNG and Cheniere’s Sabine Pass and Corpus Christi, as well as multiple outages at Freeport LNG.
Despite the recent downturn, the share price of Kodiak Gas Services, Inc. (NYSE:KGS) has surged by more than 30% over the last year.
3. Edison International (NYSE:EIX)
Share Price Decline Between June 3 – June 10: 9.93%
Edison International (NYSE:EIX) is one of the largest electric utility holding companies in America, focused on providing clean and reliable energy and energy services through its independent companies.
Edison International (NYSE:EIX) recently crashed to a 5-year low after analysts at Wolfe Research downgraded the stock to Peer Perform from Outperform, citing the risk from ongoing litigation related the Eaton fire in California earlier this year, the lack of clarity around the new California Assembly bill 1054, and pending rate case issues. Moreover, there have also been reports that the company’s subsidiary, Southern California Edison, has underestimated the potential size of the wildfire incident by a factor of ten.
Impax Asset Management stated the following regarding Edison International (NYSE:EIX) in its Q1 2025 investor letter:
“Edison International (NYSE:EIX) (Utilities) is an electric utility that generates a substantial portion of its power via renewable sources and has a strong systematic ESG risk profile. The stock has struggled in the aftermath of the California wildfires, as one of the powerlines tied to the Eaton fire comes under Edison’s jurisdiction. While liabilities are capped and the long-term story is intact, volatility is likely to continue.”
2. PG&E Corporation (NYSE:PCG)
Share Price Decline Between June 3 – June 10: 10.58%
PG&E Corporation (NYSE:PCG) provides natural gas and electric service to approximately 16 million people throughout a 70,000-square-mile service area in northern and central California.
PG&E Corporation (NYSE:PCG) is currently trading at a 2-year low as the company continues to navigate through regulatory pressures and the aftermath of its role in past wildfire incidents. PCG suffered a setback recently after analysts at Wolfe Research reduced their price target for the stock from $22 to $19, while maintaining an Outperform rating.
It is worth mentioning that PG&E Corporation (NYSE:PCG) fell below its Q1 earnings estimates, as it was hurt by higher operating and interest expenses. However, the company remains confident in meeting its FY 2025 targets, reaffirming its 2025 non-GAAP core earnings guidance at $1.48 to $1.52 per share.
1. PrimeEnergy Resources Corporation (NASDAQ:PNRG)
Share Price Decline Between June 3 – June 10: 22.26%
Topping our list of Energy Stocks that are Losing This Week is PrimeEnergy Resources Corporation (NASDAQ:PNRG), which engages in the acquisition, development, and production of oil and natural gas properties in the United States.
PrimeEnergy Resources Corporation (NASDAQ:PNRG) crashed last week after Robert de Rothschild, a 10% owner of the company, sold a significant number of shares, amounting to approximately $1,155,612. However, despite such a big move from a major shareholder, the share price of PNRG has gained almost 40% over the last year.
It must be mentioned that PrimeEnergy Resources Corporation (NASDAQ:PNRG) reported impressive results for its Q1 2025 last month, posting a 16.4% YoY uptick in revenue. The energy firm also revealed notable increases in oil, natural gas, and NGL production, while repurchasing $9.17 million worth of shares during the quarter.
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