In this article, we are going to discuss the energy stocks that are losing this week.
The oilfield services sector was the biggest loser in the energy industry this week following reports of a slowdown in drilling activity and reduced exploration and production spending due to a decline in crude oil prices. As of the writing of this piece, the sector has declined by over 4% since the beginning of 2025, against gains of more than 7% posted by the wider market.
The increase in supply, coupled with the global economic uncertainty caused by President Trump’s trade war, has put downward pressure on crude oil prices so far this year, leading to a lowered appetite for drilling. Moreover, the increasing efficiency of oilfield service companies has resulted in less drilling being necessary. According to Bloomberg, US oil drilling has dropped 12% so far this year to the lowest since the autumn of 2021.
As a result, the market has reduced its profits estimates for oilfield contractors ahead of the Q2 2025 earnings season, while also expecting the sector to lower its guidance for the second half of the year.
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 July 11 and July 18, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price surge during this period.
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10. Halliburton Company (NYSE:HAL)
Share Price Decline Between July 11 – July 18: 8.06%
Founded in 1919, Halliburton Company (NYSE:HAL) is one of the largest providers of products and services to the energy industry in the world.
Halliburton Company (NYSE:HAL) received a setback this week after Stifel lowered the stock’s price target from $32 to $31, while reiterating a ‘Buy’ rating on its shares. The price cut comes as the oilfield services industry continues to struggle following a slowdown in drilling activity amid choppy crude prices, economic uncertainty, and the impact of President Trump’s tariff war.
As a result, analysts expect Halliburton Company (NYSE:HAL) to post a 30% drop in profits in its Q2 2025 – the company’s worst decline since 2021.
9. Borr Drilling Limited (NYSE:BORR)
Share Price Decline Between July 11 – July 18: 8.29%
Borr Drilling Limited (NYSE:BORR) is a premier offshore shallow-water drilling contractor dedicated to providing exceptional drilling services to the global oil and gas industry.
Borr Drilling Limited (NYSE:BORR) fell after the analysts at BTIG downgraded the stock from ‘Buy’ to ‘Neutral’ as part of a broader research note on Offshore Oil Services names. The firm views the current slowdown in offshore drilling activity as a pause in the cycle, but still sees upside potential if utilization improves, keeping expectations tempered yet open.
However, it must be mentioned that Borr Drilling Limited (NYSE:BORR) shot up significantly earlier this month after the company announced that it had secured four new contracts worth over $124 million, bringing its total of new commitments so far in 2025 to thirteen.
8. Liberty Energy Inc. (NYSE:LBRT)
Share Price Decline Between July 11 – July 18: 8.98%
Liberty Energy Inc. (NYSE:LBRT) is a leading North American oilfield services firm with operations in major shale formations across the US and Canada.
Liberty Energy Inc. (NYSE:LBRT) is under pressure following a broader downturn in the oilfield services industry amid concerns of a pullback in exploration and production spending. The United States has witnessed a sharp decline in drilling activity over the last few weeks due to the falling crude oil prices, economic uncertainty, and the impact of President Trump’s trade war.
Moreover, Liberty Energy Inc. (NYSE:LBRT) suffered a setback this week after Stifel lowered the stock’s price target from $22 to $20, citing the underperformance of the oilfield services stocks compared to the broader market.
7. Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Share Price Decline Between July 11 – July 18: 9.31%
Next on our list of Energy Stocks Losing the Most This Week is Patterson-UTI Energy, Inc. (NASDAQ:PTEN), a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) fell this week following a strong bearish sentiment surrounding the entire oil and gas services sector, as drilling activity slows down amid falling crude oil prices. As a result, analysts expect the sector to post a sharp decline in the upcoming Q2 2025 earnings season.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) also came under pressure after Stifel lowered the stock’s price target from $13 to $12, reflecting the analyst’s bearish stance of the overall oilfield services sector, which has significantly lagged behind the broader market so far this year.
With a hefty annual dividend yield of 5.39% as of the writing of this piece, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) was also recently included in our list of 12 Best Oil and Gas Dividend Stocks to Buy Now.
6. Helmerich & Payne, Inc. (NYSE:HP)
Share Price Decline Between July 11 – July 18: 9.61%
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) was also among the oilfield services stocks that fell heavily recently following reports of a sharp slowdown in drilling activity due to declining crude oil prices and the widespread economic uncertainty. This has led to analysts dropping their expectations regarding the sector’s earnings in Q2 2025, leading to an overall bearish sentiment by investors.
It must be mentioned that Helmerich & Payne, Inc. (NYSE:HP) was also dealt a blow last month after the company announced contract suspensions on nine additional rigs in Saudi Arabia, bringing its total suspension count to 26 in the kingdom.
5. Schlumberger Limited (NYSE:SLB)
Share Price Decline Between July 11 – July 18: 10.69%
Schlumberger Limited (NYSE:SLB) is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the global energy industry.
Schlumberger Limited (NYSE:SLB) fell heavily this week following the company’s posting of its results for Q2 2025. Although the firm’s revenue of $8.55 billion managed to beat market expectations, it was down by almost 6.5% compared to last year. SLB warned of a likely decline in global upstream spending this year, led by weakness in North and Latin America.
Similarly, Schlumberger Limited (NYSE:SLB)’s earnings of $0.74 per share also managed to narrowly top estimates but were still below the levels achieved last year. Moreover, the company has flagged a 20-40 basis points hit on its margins from President Trump’s tariffs in the second half of the year, leading to a downward pressure on the stock.
4. Venture Global, Inc. (NYSE:VG)
Share Price Decline Between July 11 – July 18: 11.07%
Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. The company is currently the second-largest LNG exporter in the United States.
Venture Global, Inc. (NYSE:VG) shot up significantly earlier this month following a series of positive developments for the company, including the signing of a multi-year sales and purchase agreement (SPA) with Petronas LNG. Moreover, the LNG producer revealed that it had finalized an agreement with Securing Energy for Europe GmbH (SEFE) to provide the latter with an additional 0.75 MTPA of LNG from CP2 LNG for 20 years. So the recent pullback in share price could be due to profit-taking by investors.
Venture Global, Inc. (NYSE:VG) also faced downward pressure recently after Deutsche Bank downgraded the stock from ‘Buy’ to ‘Neutral’, while increasing its price target at the same time from $13.5 to $17. The analyst cited the company’s lack of liquidity in the Title Transfer Facility curve as well as its high spending on the Calcasieu Pass 2 development as the primary reasons behind the move.
3. Core Laboratories Inc. (NYSE:CLB)
Share Price Decline Between July 11 – July 18: 11.35%
Core Laboratories Inc. (NYSE:CLB) is a leading global provider of proprietary and patented reservoir description and production enhancement services and products for the oil and gas industry.
Core Laboratories Inc. (NYSE:CLB) slumped this week after Stifel lowered the firm’s price target from $13 to $12, while maintaining a ‘Hold’ rating on its shares. The move reflects the analyst’s overall bearish outlook for the overall oilfield services sector, which has significantly underperformed the broader market since the beginning of 2025.
The oil and gas services industry is expected to post a decline in profits this earnings season due to an overall slowdown in drilling activity, caused by falling crude oil prices and global economic uncertainty due to President Trump’s tariff war. It is also expected that the guidance for the second half of this year will probably be lowered among oilfield contractors, further weighing down their stocks.
2. Northern Oil and Gas, Inc. (NYSE:NOG)
Share Price Decline Between July 11 – July 18: 11.39%
Northern Oil and Gas, Inc. (NYSE:NOG) is the largest publicly traded, non-operated, upstream energy asset owner in the United States that engages in the acquisition, exploration, development, and production of oil and natural gas properties.
Northern Oil and Gas, Inc. (NYSE:NOG) fell this week after Mizuho lowered the stock’s price target from $33 to $32, while maintaining a ‘Neutral’ rating on its shares. The analyst expects the NOG to lower its capex budget and volume guidance for 2025 on reduced activity.
However, it must be mentioned that at the same time, Piper Sandler raised its price target for Northern Oil and Gas, Inc. (NYSE:NOG) from $30 to $31. This was primarily due to the analyst’s long-term bullish outlook for the natural gas sector, especially following the announcement of a $90 billion investment in power and data center buildout during the recent PA Power and Innovation Summit.
1. ProPetro Holding Corp. (NYSE:PUMP)
Share Price Decline Between July 11 – July 18: 13.3%
Topping our list of Energy Stocks that Lost the Most This Week is ProPetro Holding Corp. (NYSE:PUMP), an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services.
ProPetro Holding Corp. (NYSE:PUMP) plunged this week following a downturn witnessed in the overall oilfield services sector, amid reports of a slowdown in drilling activity and a broader pullback in exploration and production spending. Analysts expect the sector to post a decline in earnings in the Q2 earnings season, as well as a drop in guidance for the second half of the year.
Moreover, investors may also have reacted to ProPetro Holding Corp. (NYSE:PUMP) recently announcing a change in leadership, with Mr. Caleb Weatherl appointed as the company’s new CFO on July 14, 2025.
Following the recent decline, the share price of ProPetro Holding Corp. (NYSE:PUMP) has plunged by over 42% since the beginning of 2025.
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