In this article, we discuss the energy stocks that are losing this week.
The US Energy Information Administration (EIA) reported in its Short-Term Energy Outlook on February 10 that it expects petroleum and other liquids production to continue to exceed global demand, resulting in Brent crude oil prices falling from an average of $69/b (per barrel) in 2025 to $58/b in 2026 and $53/b in 2027. The agency highlighted that crude oil prices are being weighed down by high global inventory levels, despite significant uncertainty regarding oil exports from Venezuela and Russia.
The EIA also updated its forecasts for natural gas prices and now expects the Henry Hub spot price to average about $4.30/MMBtu this year, up from $3.46/MMBtu previously. Additionally, the agency expects the commodity to average almost $4.40/MMBtu in 2027, down from its previous forecast of $4.59/MMBtu.
Meanwhile, natural gas prices in the country have plunged recently and are currently hovering at around $3.1 per MMBtu, down 38% since January 22. Prices have been weighed down primarily by forecasts of warmer weather across the United States, which are likely to suppress the fuel’s demand for heating and power generation. Moreover, natural gas output in the Lower 48 states has increased to around 107.5 bcfd so far in February from 106.3 bcfd last month, putting further pressure on prices.
Our Methodology
To collect data for this article, we used stock screeners to identify energy stocks that have fallen the most between February 3 and February 10, 2026. 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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9. Centrus Energy Corp. (NYSE:LEU)
Share Price Decline Between Feb. 3 and Feb. 10: 5.35%
Centrus Energy Corp. (NYSE:LEU) is a trusted supplier of nuclear fuel and services to the nuclear energy industry.
Centrus Energy Corp. (NYSE:LEU) fell after posting disappointing results for Q4 2025 on February 10, with the nuclear fuel supplier falling below forecasts in both earnings and revenue. The company’s EPS of $0.79 for the quarter fell below expectations of $1.63, while its revenue of $146.2 million missed estimates by $0.88 million and was down by over 3.5% YoY.
That said, Centrus Energy Corp. (NYSE:LEU) posted a revenue of $448.7 million for the full year 2025, up 1.5% compared to the previous year. The company’s net income for FY 2025 also grew by over 6% YoY to $77.8 million. Moreover, Centrus ended the year with a backlog of $3.8 billion, up from $3.7 billion at the end of 2024.
Following the recent decline, the share price of Centrus Energy Corp. (NYSE:LEU) has plunged by over 21% since the beginning of 2026.
8. Expand Energy Corporation (NASDAQ:EXE)
Share Price Decline Between Feb. 3 and Feb. 10: 5.80%
Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the United States.
Expand Energy Corporation (NASDAQ:EXE) announced a significant change in leadership on February 9, with Nick Dell’Osso stepping down from his role as President, CEO, and director. Mr. Dell’Osso has been replaced by the company’s chairman, Michael Wichterich, as interim CEO, effective immediately. While no explanation was provided for Dell’Osso’s departure, the company has launched a search for a permanent CEO and also revealed plans to relocate its corporate headquarters to Houston from Oklahoma City. Expand Energy also reaffirmed its synergy, capital, and operating outlook for Q4 and FY 2025.
Expand Energy Corporation (NASDAQ:EXE) has also been under pressure from the recent decline in natural gas prices, driven by increased production and forecasts of warmer weather, which reduces the commodity’s demand for heating and energy production.
With 77 hedge fund investors at the end of Q3 2025 in the Insider Monkey database, Expand Energy Corporation (NASDAQ:EXE) was recently included in our list of the 10 Best American Oil and Gas Stocks to Buy.
7. NexGen Energy Ltd. (NYSE:NXE)
Share Price Decline Between Feb. 3 and Feb. 10: 6.62%
NexGen Energy Ltd. (NYSE:NXE) is a Canadian uranium explorer and developer, with a focus on the Athabasca Basin region of Saskatchewan.
NexGen Energy Ltd. (NYSE:NXE) slumped after Culper Research announced a short position in the company on February 6, alleging that the net present value of NexGen’s Rook I project is overstated by 43% to 62% and the nuclear fuel developer is ‘ultimately an insider enrichment scheme with substantial downside’. The short seller’s report also claimed that the company’s targeted peak annual uranium production of 29.7 million lbs is ‘impossible to achieve’.
While Culper Research acknowledged that NexGen Energy Ltd. (NYSE:NXE) uncovered ‘supposedly the greatest uranium asset on the planet’ with its Rook I project in Saskatchewan’s Athabasca basin, the short seller believes that NXE is ‘an insider enrichment vehicle masquerading as a uranium development company’.
NexGen Energy Ltd. (NYSE:NXE) has also been under pressure from the recent decline in uranium prices. Uranium futures in the US are currently hovering at $88 per pound, down from the near two-year high of $101.5 achieved at the end of January.
6. Comstock Resources, Inc. (NYSE:CRK)
Share Price Decline Between Feb. 3 and Feb. 10: 9.12%
Comstock Resources, Inc. (NYSE:CRK) is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas.
Comstock Resources, Inc. (NYSE:CRK) has declined primarily due to a plunge in natural gas prices over the last week, with U.S. natural gas futures currently hovering around $3.1 per MMBtu, down 38% since January 22. Prices have been weighed down by increased production and warmer weather forecasts across the United States, which are likely to suppress demand for the fuel in heating and power generation. Recent data from Baker Hughes revealed a significant increase in drilling activity in the Haynesville Shale, with production in the Lower 48 states increasing to around 107.5 bcfd so far in February from 106.3 bcfd last month.
Following the recent downturn, the share price of Comstock Resources, Inc. (NYSE:CRK) has fallen by over 13% since the beginning of 2026.
5. New Fortress Energy Inc. (NASDAQ:NFE)
Share Price Decline Between Feb. 3 and Feb. 10: 9.49%
Next on our list of the Energy Stocks that Lost This Week is New Fortress Energy Inc. (NASDAQ:NFE). The company owns and operates natural gas and LNG infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets.
New Fortress Energy Inc. (NASDAQ:NFE) continued its decline after a Bloomberg report on January 27 revealed that the LNG operator is working on a proposed restructuring support agreement that would see creditors getting preferred equity in a reorganized company. Under the proposed plan, bondholders would take over NFE’s assets in Brazil, while term loan lenders would receive recoveries through value tied to the FLNG 1 liquefied natural gas facility off the coast of Mexico. Meanwhile, the recovery value for the company’s term loan debt would also be tied to a terminal in Puerto Rico and other downstream assets. While the report stated that the LNG supplier’s common shares wouldn’t be canceled, the terms of the deal may change.
The latest development comes as New Fortress Energy Inc. (NASDAQ:NFE) continues to face financial challenges, despite having secured final approval for its long-anticipated LNG agreement with Puerto Rico around the end of last year. The mounting debt concerns even forced the company to enter into a forbearance agreement with certain lenders in December 2025, which led S&P to lower its issuer credit rating on NFE from ‘CCC-‘ to ‘SD’.
4. Oklo Inc. (NYSE:OKLO)
Share Price Decline Between Feb. 3 and Feb. 10: 10.94%
Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.
On February 4, Goldman Sachs lowered its price target on Oklo Inc. (NYSE:OKLO) from $106 to $91 while maintaining its ‘Neutral’ rating on the shares. However, the reduced target still indicates an upside of over 37% from the current levels. Goldman’s February Global Reactor Tracker highlighted recent developments across North America, Europe, and Asia, showing the surging global interest in nuclear power. However, as demand grows, the investment bank is also noting a strong start-of-year rally in uranium spot prices and providing mark-to-market pricing forecasts ahead of Q4 earnings.
In a nutshell, Goldman seems slightly less enthusiastic about Oklo because if the cost of nuclear fuel rises, nuclear power may become less affordable, weighing down the demand for the company’s small modular reactors.
3. IsoEnergy Ltd. (NYSEAMERICAN:ISOU)
Share Price Decline Between Feb. 3 and Feb. 10: 11.20%
IsoEnergy Ltd. (NYSEAMERICAN:ISOU) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions in Canada, the United States, and Australia.
IsoEnergy Ltd. (NYSEAMERICAN:ISOU) has been under pressure over the last week primarily due to a decline in the price of uranium. US uranium futures are currently hovering at $88 per pound, down significantly from the near two-year high of $101.5 achieved at the end of January, driven by a fresh increase in global supply. A February 3 report revealed that Uzbekistan boosted its annual production of the nuclear fuel to 7,000 metric tons last year, far above the initial estimates of 4,200 metric tons.
The report also revealed that the country aims to increase uranium production to 7,200 tons per year by 2030, with plans to develop four new mines this year. Moreover, it was disclosed that Uzbekistan’s uranium reserves have now increased to 139,000 tons.
Despite the recent downturn, the share price of IsoEnergy Ltd. (NYSEAMERICAN:ISOU) is up by over 4.5% since the beginning of 2026.
2. Fluence Energy, Inc. (NASDAQ:FLNC)
Share Price Decline Between Feb. 3 and Feb. 10: 41.08%
Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage.
Fluence Energy, Inc. (NASDAQ:FLNC) plunged after reporting mixed results for Q1 2026 on February 4, with the company’s loss of $0.34 per share falling below expectations by $0.13. The energy storage provider’s net loss for the quarter also widened by 10% YoY to $62.6 million, while its adjusted EBITDA came in at negative $52.1 million, compared to negative $49.7 million a year ago.
Fluence’s profitability metrics also fell sharply, with gross profit margin slumping to 4.9% from 11.4% in Q1 2025, and adjusted gross profit margin falling to 5.6% from 12.5%. According to the company, the gross margins were impacted by the ‘additional estimated costs on two projects’ and ‘the lower weighting of annual revenue while fixed overhead costs are distributed relatively evenly across the year’.
That said, Fluence Energy, Inc. (NASDAQ:FLNC)’s revenue for Q1 2026 grew by 154% YoY to $475.23 million, beating forecasts by almost $10 million. Moreover, the company reaffirmed its FY 2026 revenue guidance of $3.2 billion–$3.6 billion, consistent with expectations. It also maintained its adjusted EBITDA forecast of $40 million-$60 million. Moreover, Fluence reported signing over $750 million in new orders during the quarter, bringing its total backlog to a historic high of around $5.5 billion.
Following the mixed Q1 report, Mizuho reduced its price target on Fluence Energy, Inc. (NASDAQ:FLNC) from $15 to $13 on February 6, while keeping its ‘Underperform’ rating on the shares. On the same day, Susquehanna analyst Charles Minervino also reduced the firm’s price target on FLNC from $30 to $27, but maintained a ‘Positive’ rating on the shares.
1. Geospace Technologies Corporation (NASDAQ:GEOS)
Share Price Decline Between Nov. 19 – Nov. 26: 44.57%
Topping our list of Energy Stocks that Lost the Most This Week is Geospace Technologies Corporation (NASDAQ:GEOS). It is a technology-driven, market-leading provider of technology solutions that deliver situational awareness for energy exploration, security and surveillance, and industrial IoT applications.
Geospace Technologies Corporation (NASDAQ:GEOS) slumped after posting its Q1 2026 results on February 4, with a net loss of $9.8 million, or $0.76 per diluted share. This is down from a net income of $8.4 million or $0.65 per diluted share in the same period last year. Moreover, Geospace’s revenue also declined by a significant 31% YoY to $25.6 million.
The decline was primarily driven by reduced performance across Geospace’s major segments, particularly Energy Solutions, which experienced a 40% revenue decline due to lower utilization of the OBX rental fleet. Meanwhile, the company’s Smart Water and Intelligent Industrial segments also reported 21% and 8% declines in revenue, respectively, compared with last year. Geospace also didn’t provide any specific revenue or earnings guidance during its earnings call.
While we acknowledge the potential of GEOS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEOS and that has 100x upside potential, check out our report about this cheapest AI stock.
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