Hallador Energy Company (NASDAQ:HNRG) saw a 21.43% drop in share price last week, making it one of the energy stocks that lost the most. The company produces steam coal for the electric power generation industry in Indiana and has shifted focus to becoming a vertically integrated Independent Power Producer (IPP).
Earlier this month, HNRG and other coal producers saw gains as natural gas prices hit a 3-year high. However, natural gas prices have since fallen over 26%, leading to profit-taking by investors and a bearish sentiment in the overall energy sector due to declining crude oil and natural gas prices.
Despite the potential of HNRG as an investment, some believe that certain AI stocks offer greater upside potential with less downside risk. Investors looking for undervalued AI stocks can explore opportunities that stand to benefit from Trump-era tariffs and the onshoring trend.
For more insights on energy stocks to buy, check out our reports on Retirement Stock Portfolio: 11 Energy Stocks to Buy and 11 Best Utility Stocks to Invest in According to Hedge Funds.
Read more at Yahoo Finance: Here is Why Hallador Energy (HNRG) Fell This Week
