Why These Energy Stocks are Losing This Week

6. Nabors Industries Ltd. (NYSE:NBR)

Share Price Decline Between Oct 3 – Oct 10: -13.53%

With operations in approximately 15 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry.

Nabors Industries Ltd. (NYSE:NBR) was among the energy stocks that plummeted heavily this week following a sharp escalation in the trade tensions between China and the United States. The escalation also led to a decline in crude oil prices, with the WTI oil price falling below the critical $60 per barrel mark for the first time since May.

On a more positive note, Nabors Industries Ltd. (NYSE:NBR) revealed this week that it had received full prepayment of a $250 million seller financing note from Superior Energy Services. This payment was related to its sale of Quail Tools LLC in August 2025 to Superior. The proceeds will be directed towards debt reduction, particularly the company’s outstanding notes maturing in 2028.