Why Atlas Energy Solutions Inc. (AESI) 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 Atlas Energy Solutions Inc. (NYSE:AESI) 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.

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.

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Atlas Energy Solutions Inc. (NYSE:AESI)

Share Price Decline Between Apr. 30 – May. 7: 11.68%

Atlas Energy Solutions Inc. (NYSE:AESI) is a leading provider of proppant and logistics services to the oil and gas industry within the Permian Basin of West Texas and New Mexico.

The market reacted negatively after Atlas Energy Solutions Inc. (NYSE:AESI) missed earnings expectations in its Q1 2025 results reported this week. The company’s adjusted EPS of $0.03 fell significantly below estimates of $0.18, while its net income declined by over 95% YoY to around $1.22 million. However, AESI’s revenue surged by over 54.46% YoY to $297.6 million and topped expectations by $6.4 million.

Overall, AESI ranks 6th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of AESI as an investment, 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 AESI 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.