Why Golar LNG Limited (GLNG) Is Losing This Week

We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Golar LNG Limited (NASDAQ:GLNG) stands against other energy stocks that are declining this week.

The energy sector suffered a massive blow this week after the West Texas Intermediate (WTI) crude price plunged even further to just over $57, a level it last hit in 2021 during the COVID-19 pandemic. The sharp decline comes as a result of OPEC+ announcing a larger-than-expected output increase for June. This follows a similar production boost announced for May, meaning that the group is now bringing more than 800,000 bpd of additional supply to the market over the course of two months.

Instead of acting like a stabilizing force in global oil markets, Saudi Arabia has now adopted an aggressive strategy aimed at disciplining overproducing members like Kazakhstan and Iraq, and expanding its own market share. This could also be a part of the country’s efforts to build good relations with Donald Trump, who has repeatedly called on Riyadh to increase production and bring prices down.

Goldman Sachs has now cut its forecast for US crude prices this year by $3 to $56 per barrel. With oil currently hovering around the $58 mark, many US shale producers will struggle to break even, forcing them to potentially stop drilling and cut jobs. In fact, two big American shale producers revealed earlier this week that they are cutting capital expenditure in response to sliding oil prices, prompting industry warnings that US production had peaked and could begin to decline.

An aerial view of offshore rigs with oil storage tanks, reflecting the company's marine infrastructure.

Our Methodology

To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 30 to May 7, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

Golar LNG Limited (NASDAQ:GLNG)

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

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

The share price of Golar LNG Limited (NASDAQ:GLNG) surged by over 38% in April following an impressive month, so the recent decline could be due to profit-taking by investors. The firm is making significant progress in Argentina and revealed last week that it has reached FID for the 20-year re-deployment charter of the FLNG Hilli, in order to monetize gas from the Vaca Muerta shale formation. In addition, Golar has also signed definitive agreements with SESA for a 20-year charter for the MKII FLNG. The two FLNG agreements are expected to add around $13.7 billion in earnings backlog to GLNG over the next two decades.

Overall, GLNG ranks 7th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GLNG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.