In this article, we are going to discuss the energy stocks that are losing this week.
The U.S. Energy Information Administration reported in its latest Short-Term Energy Outlook that it expects global oil prices to fall in 2026, driven by production exceeding demand, which is expected to raise inventories. The agency projected the Brent crude oil price to average $56 per barrel in 2026 and $54 per barrel in 2027, down from $69 per barrel last year.
Moreover, the EIA has forecasted global production of liquid fuels to grow by 1.4 million barrels per day (bpd) in 2026 and 0.5 million bpd in 2027. While the increase in 2026 will be driven by crude oil production growth in OPEC+, the agency anticipates the rise in 2027 to come from non-OPEC+ producers, primarily in South America. However, it expects the sanctions on Venezuela to remain in place through 2027.
Meanwhile, the EIA has projected the Henry Hub natural gas price to average just under $3.50 per MMBtu this year, down from $3.52 per MMBtu in 2025. However, in 2027, natural gas prices are expected to rise to an average of $4.60 per MMBtu, driven by the ballooning LNG exports and the growing use of natural gas in power generation.
Our Methodology
To collect data for this article, we used stock screeners to identify energy stocks that declined the most between January 23 and January 30, 2026. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked by the magnitude of 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).
7. Atlas Energy Solutions Inc. (NYSE:AESI)
Share Price Decline Between Jan. 23 – Jan. 30: 2.10%
Atlas Energy Solutions Inc. (NYSE:AESI) engages in the production, processing, and sale of frac sand used as a proppant during the well completion process in the Permian Basin of West Texas and New Mexico. Its portfolio of offerings also includes oilfield logistics and distributed power systems.
On January 27, Stephens lowered its price target on Atlas Energy Solutions Inc. (NYSE:AESI) from $20 to $16, but maintained an ‘Overweight’ rating on the shares. The firm projects a mixed Q4 report from AESI as its EBITDA and cash flow per share estimates are 14% above and 8% below consensus, respectively. Stephens is also projecting mixed 2026 guidance from the company, as its EBITDA and CFPS estimates are in line with and 7% above Street expectations, respectively.
Following the recent downturn, the share price of Atlas Energy Solutions Inc. (NYSE:AESI) has declined by more than 49% over the past year.
6. Murphy Oil Corporation (NYSE:MUR)
Share Price Decline Between Jan. 23 – Jan. 30: 4.75%
Murphy Oil Corporation (NYSE:MUR) is a global independent oil and natural gas exploration and production company.
On February 28, Murphy Oil Corporation (NYSE:MUR) reported mixed results for Q4 2025, with the company’s adjusted EPS of $0.14 comfortably beating expectations by $0.17. However, Murphy’s revenue for the quarter came in at $624.56 million, down by almost 7% YoY and missing forecasts by $10.75 million.
That said, Murphy Oil Corporation (NYSE:MUR)’s output, both for the Q4 and full year 2025, exceeded guidance as the company ‘delivered some of the best-performing onshore wells in its history and maintained strong uptime at its key offshore facilities’. However, Murphy guided net production of 171,000 boed for FY 2026, down from last year’s 182,000 boed. This is primarily due to Tupper Montney’s natural gas volumes, which are driven in part by higher royalties and fewer wells online. On a more positive note, the company raised its quarterly dividend by 7.7% to $0.35 per share.
Following the results, on January 30, Barclays lowered its price target on Murphy Oil Corporation (NYSE:MUR) from $31 to $29 but maintained its ‘Underweight’ rating on the shares.
Hedge Fund Resource Center