In this article, we are going to discuss the energy stocks that are losing this week.
The American solar and wind energy sectors suffered a major blow this week after the release of the U.S. Senate’s proposed plan to phase out their much-needed tax credits by 2028, as part of President Donald Trump’s sweeping tax and spending bill.
While the House version of the bill would have required projects to be under construction within 60 days to be eligible for the credits, the Senate version provides full credit as long as construction begins before the end of 2025 and also provides for partial credits for projects that begin construction next year.
The legislation will hit the rooftop solar industry particularly hard, as it aims to end the residential solar tax credit by the end of this year. The sector had already been struggling due to high interest rates and metering reforms in the top market of California, which have reduced compensation paid to homeowners for selling their excess solar-produced power back to the grid. So the latest blow caused several residential solar sector players to nosedive this week.
However, not all hope is lost as changes to the bill still remain a possibility, with many analysts being skeptical that policymakers will pass it in its current form before President Trump’s self-imposed deadline of July 4, 2025.
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 10 to June 17, 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.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Helmerich & Payne, Inc. (NYSE:HP)
Share Price Decline Between June 10 – June 17: 4.18%
Helmerich & Payne, Inc. (NYSE:HP), together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies.
Helmerich & Payne, Inc. (NYSE:HP) fell last week after disclosing that it has received notices of contract suspensions for an additional nine rigs in Saudi Arabia, bringing its total paused rigs in the country to 26. The rigs were part of a legacy KCA Deutag fleet that the oilfield services company acquired when it bought the competitor in a nearly $2 billion deal in January.
However, despite the setback, Helmerich & Payne, Inc. (NYSE:HP) remains optimistic. The company’s chief executive, John Lindsay, stated:
“Although the unexpected softening in the KCA Deutag acquisition’s Saudi operations has presented short-term financial challenges, H&P continues to maintain its strong financial foundation. Even with the slowdown in the Saudi market, we are beginning to capture synergies from this transaction and remain confident that our significant drilling presence in the world’s most productive oil and gas region enhances the company’s long-term position in the global market. Additionally, our North America solutions operations and other markets are performing in-line with the guidance shared during our May earnings call.”
9. The AES Corporation (NYSE:AES)
Share Price Decline Between June 10 – June 17: 6.73%
The AES Corporation (NYSE:AES), together with its subsidiaries, operates as a power generation and utility company in the United States and internationally.
The AES Corporation (NYSE:AES) suffered a setback this week after a Senate panel proposed phasing out solar and wind tax credits by 2028, as part of changes to President Donald Trump’s ‘One, Big, Beautiful Bill’. While this is expected to deal a significant blow to AES, the company should be able to make it through, as only 52% of its deployed power assets were dedicated to renewables, with the remainder divided between natural gas and coal.
Moreover, around 23% of the company’s total renewables portfolio is composed of hydropower, whose tax credits will remain in the Senate bill until beginning their phaseout in 2033 through 2036.