Why Golar LNG Limited (GLNG) Is Losing This Week

Sultan Khalid

Thu, May 8, 2025, 1:39 AM 4 min read

We precocious published a database of Energy Stocks that are Losing This Week. In this article, we are going to instrumentality a look astatine wherever Golar LNG Limited (NASDAQ:GLNG) stands against different vigor stocks that are declining this week.

The vigor assemblage suffered a monolithic stroke this week aft the West Texas Intermediate (WTI) crude terms plunged adjacent further to conscionable implicit $57, a level it past deed successful 2021 during the COVID-19 pandemic. The crisp diminution comes arsenic a effect of OPEC+ announcing a larger-than-expected output summation for June. This follows a akin accumulation boost announced for May, meaning that the radical is present bringing much than 800,000 bpd of further proviso to the marketplace implicit the people of 2 months.

Instead of acting similar a stabilizing unit successful planetary lipid markets, Saudi Arabia has present adopted an assertive strategy aimed astatine disciplining overproducing members similar Kazakhstan and Iraq, and expanding its ain marketplace share. This could besides beryllium a portion of the country’s efforts to physique bully relations with Donald Trump, who has repeatedly called connected Riyadh to summation accumulation and bring prices down.

Goldman Sachs has present chopped its forecast for US crude prices this twelvemonth by $3 to $56 per barrel. With lipid presently hovering astir the $58 mark, galore US shale producers volition conflict to interruption even, forcing them to perchance halt drilling and chopped jobs. In fact, 2 large American shale producers revealed earlier this week that they are cutting superior expenditure successful effect to sliding lipid prices, prompting manufacture warnings that US accumulation had peaked and could statesman to decline.

An aerial presumption of offshore rigs with lipid retention tanks, reflecting the company's marine infrastructure.

To cod information for this article, we person referred to respective banal screeners to find vigor stocks that person fallen the astir betwixt April 30 to May 7, 2025. The pursuing are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their stock terms diminution during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds heap into. The crushed is simple: our probe has shown that we tin outperform the marketplace by imitating the apical banal picks of the champion hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks each 4th and has returned 275% since May 2014, beating its benchmark by 150 percent points (see much details here).

Share Price Decline Between Apr. 30 – May. 7: 8.28%

As 1 of the world’s largest autarkic owners and operators of marine-based LNG midstream infrastructure, Golar LNG Limited (NASDAQ:GLNG) designs, converts, owns, and operates marine infrastructure that turns earthy state into LNG.