Global energy stocks, including Liberty Energy Inc. (LBRT), dropped due to trade tensions and economic concerns

From Yahoo Finance: 2025-04-05 13:46:00

This week, global energy stocks, including Liberty Energy Inc. (NYSE:LBRT), faced losses due to escalating trade tensions and economic concerns. Oil prices plummeted over 8%, with US natural gas prices also dropping by around 7.5%. OPEC+ plans to increase output, further pressuring prices. Analysts have revised oil price forecasts downward.

Liberty Energy Inc. (LBRT) ranks 10th in energy stocks that lost the most this week, with a share price decline of 19.11%. The company, a North American oilfield services firm, posted an adjusted EPS of $0.1 in Q4 2024, in line with expectations. Revenue dropped 11.8% YoY, with CEO Ron Gusek warning of modest earnings impacts from tariffs on steel imports.

While energy stocks have potential, AI stocks may offer higher returns in a shorter timeframe. LBRT’s earnings could be further affected by passing on steel tariff costs to customers, potentially slowing drilling activity. For promising AI stocks with significant upside potential, consider exploring the report on the cheapest AI stock trading at less than 5 times its earnings.

Overall, LBRT’s position on the list of energy stock losers this week underscores the challenges faced by the industry. While energy companies have their merits, the potential for higher returns in AI stocks, especially in the current market conditions, may be worth exploring. For more insights on AI stocks and investment recommendations, check out our reports on the best AI stocks to buy now and the top stocks favored by billionaires.



Read more at Yahoo Finance: Why Liberty Energy Inc. (LBRT) Stock Crashed This Week