In this article, we are going to discuss the energy stocks that are losing this week.
The S&P energy index largely remained flat over the last week between December 17 and December 24, while the S&P 500 posted gains of over 3% during the period. The underperformance is largely driven by the recent decline in global crude oil prices, which plunged to near five-year lows last week due to the recent weak jobs data by the Bureau of Labor Statistics and oversupply concerns.
While oil prices have since experienced a slight rebound on the back of escalating geopolitical tensions and the Commerce Department’s recent stronger-than-expected GDP data, they remain weighed down, as supply is expected to outpace demand next year. Moreover, the continued efforts on a Russia-Ukraine peace deal are also putting pressure on global crude oil prices, as such an agreement could potentially allow Moscow to export its oil to an already oversupplied market without the risk of Western sanctions.
Our Methodology
To collect data for this article, we used several stock screeners to identify energy stocks that have fallen the most between December 17 and December 24, 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
9. Occidental Petroleum Corporation (NYSE:OXY)
Share Price Decline Between Dec. 17 – Dec. 24: 1.55%
Occidental Petroleum Corporation (NYSE:OXY) is an independent exploration and production company with assets primarily in the United States, the Middle East, and North Africa.
Occidental Petroleum Corporation (NYSE:OXY) has received some negative attention from analysts over the past couple of weeks. On December 12, UBS lowered its price target on OXY from $45 to $43, but maintained a ‘Neutral’ rating on the shares. Following three lackluster years, the analyst believes that the energy sector is positioned well for a stronger performance in 2026, driven by the improving oil and natural gas outlooks, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations. While the firm favors natural gas exploration and production stocks, it expects the positive momentum to spill broadly across oil E&Ps and OFS.
Earlier on December 11, BofA analyst Jean Ann Salisbury also trimmed the firm’s price target on Occidental Petroleum Corporation (NYSE:OXY) from $45 to $44, while maintaining a ‘Neutral’ rating on the shares.
8. Dominion Energy, Inc. (NYSE:D)
Share Price Decline Between Dec. 17 – Dec. 24: 1.83%
Dominion Energy, Inc. (NYSE:D) provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina.
Dominion Energy, Inc. (NYSE:D) was dealt a blow on December 22 when the Trump administration suspended leases for five large offshore wind projects that are under construction off the US East Coast, including Dominion’s Coastal Virginia Offshore Wind project. The government has made the decision, citing national security concerns, warning that large turbines could interfere with military and aviation radar systems and make it hard to identify and locate security threats.
Expected to be completed next year, the Coastal Virginia Offshore Wind project is the largest project of its kind in the US. The 2.6 GW project is expected to meet the dramatically growing energy needs in Virginia, catering to the largest cluster of data centers in the world. Dominion Energy, Inc. (NYSE:D) has now received an order to halt work on the facility for 90 days, further delaying a project that has already been more than ten years in the works.
In other news, on December 16, Morgan Stanley analyst David Arco lowered the firm’s price target on Dominion Energy, Inc. (NYSE:D) from $65 to $62, but maintained its ‘Equal Weight’ rating on the shares.
Hedge Fund Resource Center