Why These Energy Stocks are Losing This Week

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1. KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Share Price Decline Between Apr. 1 and Apr. 8: 46.83%

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) provides more than 100 mission-critical oilfield services, tools, technologies, and equipment to some of the industry’s leading operators.

It should be rather unsurprising that topping our list of the Energy Stocks that Lost the Most This Week is yet another player from the energy services industry, given the strong bearish sentiment faced by the sector due to the ongoing global trade war. The company became particularly vulnerable after it reported disappointing results in its Q4 2024, posting an EPS of -$0.9 against expectations of -$0.67, while its revenue also fell below estimates, besides being down by 14.7% YoY. Investor confidence in KLXE has also been shaken due to some recent reports of insiders selling the company’s stock.

Overall, KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) ranks 1st on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than KLXE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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