We recently published a list of Energy shares that are losing this week. In this article, we will look at the place where Propetro Holding Corp stands. (NYSE: POMP) against other energy stocks that are disrupted this week.
The power industry has been completely crushed on the continuous bloodbath facing the total market, but one of the sector that was struck in particular is the oil field services sector. On the one hand, a 25 % tariff imposition on steel and aluminum has already increased 4 % in the costs of the well. On the other hand, global oil prices fell to the lowest multi -year level, which led to the decrease in margins of the producers and forcing them to slow the excavation activities. A recent survey published by the Federal Reserve in Dallas revealed that the American oil industry needs between $ 61 and $ 70 a barrel. However, the ongoing trade war pushed WTI to $ 57.
After President Trump’s tariff ads last week, Mooringstar reduced the fair value estimates of the three largest oilfield services companies, expecting to report the decrease in revenues between 2 % and 3 % this year. The report also states that every lost dollar in revenue is translated into operating profit loss between $ 1.25 and $ 1.35. Thus, it is not surprising that the major majority of Energy shares that were destroyed this week It belongs to the energy service industry.
DERRICK oil on the rising sunlight with a blue sky in the background.
To collect data for this article, we have mentioned many stock centers to find energy shares that have decreased more than April 1 to April 8, 2025. Energy shares that lost more than others this week. The shares are classified according to the low price of their share during this period.
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The share price decreased between April 1 and April 8: 35.94 %
Propeto Holding Corp (Nyse: Pump) is an oil sales services company that participates in providing hydraulic cracking and other supplementary services.
I reported Propetro Holding Corp. (NYSE: POMP) for mixed results for Q4 2024, as the $ 0.17 stock fell from $ 0.19. In addition, the total oilfield services sector, which already faces the opposite winds for a period of time, is especially displayed in the current World Trade War. The customs duties imposed on steel and aluminum increased the costs of this industry, while the decline in the global oil price has reduced the margins for its customers, thus tightening their budgets and reducing demand.
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