In this article, we are going to discuss the energy stocks that are losing this week.
While the S&P Energy Index managed to outperform the S&P 500 Index over the last week, some sectors have lagged behind, with uranium being one of them. Prices of the nuclear fuel have fallen by over 7% since October 31, primarily due to an improved supply outlook that outweighed speculative bets on nuclear power. Kazatomprom, the largest uranium producer in the world, reported a 33% increase in exports in Q3, with total output also growing by 10%, thus easing supply concerns.
That said, the American nuclear energy sector received a significant boost this week when the United States successfully negotiated a nuclear technology-sharing deal with Saudi Arabia, potentially paving the way for American companies to build reactors in the kingdom.
After hitting a multi-year high last week, natural gas prices have seen some correction recently, with gas futures falling by over 5% as short-term mild weather eased immediate heating demand.
Photo by Frédéric Paulussen on Unsplash
Our Methodology
To collect data for this article, we have referred to several stock screeners to identify energy stocks that have fallen the most between November 11 and November 18, 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. Crescent Energy Company (NYSE:CRGY)
Share Price Decline Between Nov. 11 – Nov. 18: 7.33%
Crescent Energy Company (NYSE:CRGY) engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States, with activities focused in Texas and the Rocky Mountain region.
Crescent Energy Company (NYSE:CRGY) faced a target revision on November 18 when Piper Sandler analyst Mark Lear lowered the stock’s price target from $15 to $13, while keeping an ‘Overweight’ rating on its shares. The change forms part of the analyst firm updating its exploration and production models following the Q3 reports. While the sector posted encouraging results, the analyst believes that the oil macro environment ‘still doesn’t feel great’.
It is worth noting that Crescent Energy Company (NYSE:CRGY) gained over 20% earlier this month after posting results for its third quarter, with the company’s adjusted EPS of $0.35 topping expectations by $0.04. Revenue also grew by 16.3% YoY to $866 million. Moreover, a Bloomberg report indicated that the company has agreed to sell its drilling portfolio in the US Rocky Mountain region for over $400 million, allowing it to solidify its balance sheet and focus on its core acreage in the Eagle Ford and Uinta basins. So the recent dip in share price could also be due to investors booking their profits.
9. Cameco Corporation (NYSE:CCJ)
Share Price Decline Between Nov. 11 – Nov. 18: 9.97%
Cameco Corporation (NYSE:CCJ) is one of the largest global providers of uranium fuel to power the ongoing nuclear energy renaissance.
Cameco Corporation (NYSE:CCJ) took a hit earlier this month when it announced results for its Q3, with the company’s earnings and revenue both falling below forecasts. The uranium provider’s revenue also dipped by over 16% during the quarter, primarily due to delays at its flagship McArthur River and Key Lake facilities. As a result, the company also posted lower production guidance for this year, with a ceiling of 20 million pounds.
On November 13, RBC Capital trimmed its price target for Cameco Corporation (NYSE:CCJ) from C$160 to C$150, but kept an ‘Outperform’ rating on its shares. The update comes on the back of slightly higher uranium and fuel services costs.
Cameco Corporation (NYSE:CCJ) has also come under pressure due to a recent decline in the prices of the nuclear fuel, with uranium futures falling by over 7% since October 31.
8. Centrus Energy Corp. (NYSEAMERICAN:LEU)
Share Price Decline Between Nov. 11 – Nov. 18: 10.69%
Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear energy industry.
Centrus Energy Corp. (NYSEAMERICAN:LEU) continued to decline after posting lower-than-expected results for its third quarter on November 5. The company’s earnings of $0.19 per share missed estimates by $0.17, while its revenue of $74.9 million also fell short of expectations by $5.52 million. Moreover, LEU came under pressure when the company announced that it had entered into an at-the-market equity offering sales agreement to raise $1 billion, with the proceeds going towards general working capital and corporate purposes.
Following the Q3 report, JPMorgan analyst Bill Peterson lowered the firm’s price target on Centrus Energy Corp. (NYSEAMERICAN:LEU) from $275 to $245, but kept a ‘Neutral’ rating on its shares. Moreover, Evercore ISI also trimmed its price target for LEU from $452 to $390, while maintaining its ‘Outperform’ rating.
Centrus Energy Corp. (NYSEAMERICAN:LEU) has also been under pressure due to a recent slump in uranium prices, as an improved supply outlook outweighs speculative bets on nuclear power.
Despite the recent decline, Centrus Energy Corp.’s (NYSEAMERICAN:LEU) share price has jumped by over 232% since the beginning of 2025.
7. Profrac Holding Corp (NASDAQ:ACDC)
Share Price Decline Between Nov. 11 – Nov. 18: 11.06%
ProFrac Holding Corp. (NASDAQ:ACDC) is a technology-focused energy services company operating in the United States.
ProFrac Holding Corp. (NASDAQ:ACDC) reported lower-than-expected results for its third quarter on November 10, with the company’s earnings and revenue both falling below estimates. Moreover, revenue dipped 30% YoY, with the Stimulation Services division getting hit the hardest. Net cash provided by operating activities fell heavily from $97 million in the second quarter to $5 million in Q3, while free cash flow also slumped to negative $29 million.
Despite improving its net loss from $107 million in Q2 to $92 million in Q3, ProFrac Holding Corp. (NASDAQ:ACDC)‘s adjusted EBITDA was almost cut in half to $41 million, indicating slimmer profits. To improve profitability, the company is targeting $85 to $115 million in annualized cash savings by the end of Q2 2026 through ‘reemphasizing dedicated, consistent programs, right-sizing its organization, and optimizing its asset base’.
6. Atlas Energy Solutions Inc. (NYSE:AESI)
Share Price Decline Between Nov. 11 – Nov. 18: 11.1%
Atlas Energy Solutions Inc. (NYSE:AESI) engages in the production, processing, and sale of mesh and sand used as proppants during the well-completion process in the Permian Basin of West Texas and New Mexico.
Atlas Energy Solutions Inc. (NYSE:AESI) continued to decline after posting unimpressive third-quarter results on November 3, with the company falling short of estimates on both earnings and revenue, plagued by lost sales, higher costs, and lingering issues at its Kermit facility. While its adjusted EBITDA of $40.2 million already fell 43% sequentially, this figure is expected to be even lower in the next quarter as elevated costs and sluggish volumes persist. Notably, Atlas has also announced to suspend its quarterly dividend to help ‘safeguard its balance sheet’s long-term strength while unlocking the flexibility to capitalize on transformative growth opportunities. ’
Atlas Energy Solutions Inc. (NYSE:AESI) further took a hit on November 14 when Barclays downgraded the stock from ‘Equal Weight’ to ‘Underweight’, while also reducing its price target from $11 to $7.
Then, on November 17, Piper Sandler lowered its price target on Atlas Energy Solutions Inc. (NYSE:AESI) from $12 to $10, while maintaining a ‘Neutral’ rating on the shares. The analyst highlighted the challenges Atlas still faces from its base OFS business and its dividend suspension.
5. Evolution Petroleum Corporation (NYSEAMERICAN:EPM)
Share Price Decline Between Nov. 11 – Nov. 18: 11.55%
Next on our list of Energy Stocks that Lost This Week is Evolution Petroleum Corporation (NYSEAMERICAN:EPM), which is an independent energy company that engages in the ownership of and investment in onshore oil and natural gas properties in the United States.
Evolution Petroleum Corporation (NYSEAMERICAN:EPM) fell after posting underwhelming Q1 2026 results on November 11, falling short of expectations on both earnings and revenue. Evolution’s net income also declined by 60% YoY, driven by lower realized pricing for crude oil and higher lease operating costs. That said, EPM declared a quarterly dividend of $0.12 per share, marking its 49th consecutive quarter of regular payouts.
Following its Q1 performance, Northland lowered its price target on Evolution Petroleum Corporation (NYSEAMERICAN:EPM) from $4.5 to $4, citing lower benchmark commodity prices. However, the analyst maintained a ‘Market Perform’ rating on the company’s shares.
4. Select Water Solutions, Inc. (NYSE:WTTR)
Share Price Decline Between Nov. 11 – Nov. 18: 11.97%
Select Water Solutions, Inc. (NYSE:WTTR) is a leader in water management and chemical technology for customers in the oil and gas industry and other industrial applications.
Select Water Solutions, Inc. (NYSE:WTTR) posted mixed results for its third quarter on November 4, with its adjusted EPS of $0.04 edging below estimates by $0.01. However, the company’s revenue of $322.2 million managed to exceed expectations by more than $16 million, despite falling by over 13% YoY. WTTR’s Chemical Technologies segment performed exceptionally well, with revenue and gross profit witnessing YoY growth of 13% and 34% respectively, thanks to the new launches and increased market share.
Select Water Solutions, Inc. (NYSE:WTTR) also took a hit on November 13 when Northland downgraded the stock from ‘Outperform’ to ‘Market Perform’, while giving it a price target of $12. The firm is of the view that WTTR’s current valuation is ‘reasonable for shares today’. However, to turn more positive on the shares, the firm would like to see larger growth in adjusted EBITDA in FY 2026, more bolt-on projects, such as the company’s recently announced lithium extraction, or improved activity in the American onshore market.
3. Hallador Energy Company (NASDAQ:HNRG)
Share Price Decline Between Nov. 11 – Nov. 18: 14.2%
Hallador Energy Company (NASDAQ:HNRG) has evolved into a growing, vertically integrated Independent Power Producer (IPP) focused on meeting rising energy demands.
Hallador Energy Company (NASDAQ:HNRG) surged by over 21% after the company announced better-than-expected results for its third quarter on November 10. Hallador’s revenue grew by 40% YoY on the back of favorable summer weather, increased energy demand, and stronger natural gas prices. Net income also increased by 14 times compared to last year, driven by the favorable energy pricing environment, improved coal production efficiencies, and the $20 million prepaid forward power sales contract executed in Q3.
So the recent drop in share price could be attributed to profit-taking by investors following the significant rally, as well as to an overall market correction.
2. LandBridge Company LLC (NYSE:LB)
Share Price Decline Between Nov. 11 – Nov. 18: 27.52%
LandBridge Company LLC (NYSE:LB) actively manages its land and resources to support and encourage oil and natural gas development and other critical land uses.
LandBridge Company LLC (NYSE:LB) fell after announcing mixed results for Q3 on November 12, with the company’s earnings of $0.24 per share falling below estimates by $0.27. However, revenue grew by over 78% YoY to almost $51 million, topping forecasts. Adjusted EBITDA also jumped by 79% YoY, boosted by surface and royalty earnings following the latest land purchase.
Following the Q3 report, Janney Montgomery Scott downgraded LandBridge Company LLC (NYSE:LB) from ‘Buy’ to ‘Neutral’, while increasing its fair value estimate from $63 to $74.
LandBridge Company LLC (NYSE:LB) also took a hit on November 14 when the company launched an underwritten public offering of 2.5 million Class A shares at $71 per share. Moreover, the underwriters were granted a 30-day option to purchase up to an additional 375,000 class A shares.
1. Sable Offshore Corp. (NYSE:SOC)
Share Price Decline Between Nov. 11 – Nov. 18: 36.38%
Topping our list of Energy Stocks that Lost the Most This Week is Sable Offshore Corp. (NYSE:SOC), an independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California.
Sable Offshore Corp. (NYSE:SOC) dipped to an all-time low after posting results for its third quarter on November 13, with its loss per share of $1.46 falling below estimates by $0.60. The company reported a net loss of $110.4 million, primarily due to production restart-related operating expenses and non-cash interest expense. Moreover, Sable ended the quarter with a cash and cash equivalents balance of $41.6 million, while its short-term outstanding debt stood at $896.6 million, including paid-in-kind interest.
Sable Offshore Corp. (NYSE:SOC) has also attracted negative attention from analysts recently, with Roth Capital lowering the stock’s price target from $26 to $22 on November 10. However, the analyst still maintained a ‘Buy’ rating on the shares. Then, on November 11, Jefferies nearly halved its price target on SOC from $38 to $20, but still kept its ‘Buy’ rating.
Following the recent downturn, the share price of Sable Offshore Corp. (NYSE:SOC) has fallen by over 80% since the beginning of 2025.
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