Among the Energy Stocks that Lost the Most This Week

From Yahoo Finance: 2025-06-11 23:40:00

Kinetik Holdings Inc. (NYSE:KNTK) saw a 6.09% drop in share price last week, making it one of the Energy Stocks that Lost the Most This Week. The company is a key player in the Delaware Basin, offering various midstream services like gathering, compression, processing, and transportation. ISQ Global Fund II GP LLC sold over 4 million shares of KNTK for $188.2 million, causing further pressure on the stock. Citi analyst Spiro Dounis has a ‘downside 30-day short-term view’ on KNTK, citing potential short-term challenges related to the Durango acquisition. This includes the expiration of a lock-up period on June 24 and deferred compensation due on July 1, representing 7% of the total shares outstanding. The influx of these shares could lead to Kinetik’s stock being range-bound in the near future. Despite the investment potential in KNTK, there are AI stocks with higher upside potential and lower downside risk. For those interested in an undervalued AI stock poised to benefit from Trump-era tariffs and onshoring trends, check out a free report on the best short-term AI stock.



Read more at Yahoo Finance: Among the Energy Stocks that Lost the Most This Week