In this article, we are going to discuss the energy stocks that are losing this week.
The re-escalation of trade tensions between China and the United States has shaken up global markets this week. With Beijing announcing stricter controls on its crucial rare-earth mineral exports and Washington responding with threats of more aggressive tariffs, international crude oil prices have faced a serious threat. As a result, the WTI price has fallen to below $60 per barrel—a level it last hit in May.
There were already serious concerns about oversupply in the crude oil market, especially following the continuous production increases from OPEC+, the additional output gains in North and South America, and the reduction of geopolitical risk after the Gaza ceasefire agreement. Moreover, investors are worried that a prolonged US government shutdown could also slow down the American economy and hurt demand in the largest oil-consuming country in the world.
As a result, the S&P energy index has fallen by almost 4% between October 3 and October 10, compared to a loss of just under 2.5% for the broader market.
Our Methodology
To collect data for this article, we used several stock screeners to identify energy stocks that have declined the most between October 3 and October 10, 2025. The following are the Energy Stocks that Lost the Most This Week. These stocks are ranked according to their share price decline during this period.
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10. Murphy Oil Corporation (NYSE:MUR)
Share Price Decline Between Oct 3 – Oct 10: -12.09%
Murphy Oil Corporation (NYSE:MUR) drills for and produces oil and natural gas from several operated and non-operated fields across more than 100 blocks in the deepwater Gulf of America.
Murphy Oil Corporation (NYSE:MUR) was among the oil stocks that fell this week following a downturn in global crude oil prices, with the WTI oil price recently dropping to a multi-month low of below $60 per barrel. The sharp decline comes amid the escalating trade war between China and the United States, with Beijing imposing stringent controls on the export of its crucial rare earth minerals and Washington responding with threats of higher tariffs on Chinese imports.
However, on a positive note, Scotiabank raised its price target for Murphy Oil from $26 to $30 earlier this week, while maintaining a ‘Sector Perform’ rating on its shares.
Moreover, Murphy Oil Corporation (NYSE:MUR) recently declared a quarterly dividend of $0.325 per share, in line with the previous.
9. SM Energy Company (NYSE:SM)
Share Price Decline Between Oct 3 – Oct 10: -12.57%
SM Energy Company (NYSE:SM) is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States.
SM Energy Company (NYSE:SM) was among the oil and gas stocks that tumbled this week following a sharp drop in the global crude oil price, with the WTI crude falling below $60 – a level it last hit in May. The drop comes amid a reignition of trade tensions between China and the United States and the resultant prospects of an economic slowdown.
Moreover, Mizuho lowered its price target for SM Energy Company (NYSE:SM) from $39 to $38 this week as part of a Q3 earnings preview. However, the analyst maintained an ‘Outperform’ rating on the company’s shares.
According to recent reports from Bloomberg, SM Energy Company (NYSE:SM) is considering a merger with fellow Permian producer Civitas Resources as part of the consolidation wave in the American shale industry. The combined company would command an enterprise value of at least $14 billion, making it one of the year’s biggest oil and gas deals.