Why ProFrac Holding Corp. (ACDC) is Crashing This Week

Yahoo

11-04-2025

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 ProFrac Holding Corp. (NASDAQ:ACDC) stands against other energy stocks that are crashing this week.
The energy industry has been absolutely crushed in the ongoing bloodbath faced by the overall market, but one sector that has been hit particularly hard is that of the oilfield services sector. On one side, the imposition of the 25% tariff on steel and aluminum has already led to an estimated 4% increase in costs for drilling a well. On the other hand, global oil prices have plunged to a multi-year low, further decreasing margins for producers and forcing them to slow down drilling activities. A recently published survey by the Federal Reserve Bank of Dallas has revealed that the US oil industry needs prices between $61 and $70 per barrel to be profitable. However, the ongoing trade war has pushed WTI prices down to the $57 range.
Following President Trump's scathing tariff announcements last week, Morningstar has reduced its fair value estimates on the three biggest oilfield services companies, expecting them to report a revenue drop of between 2% and 3% this year. The report further states that each dollar lost in revenue translates into an operating profit loss of between $1.25 and $1.35. Hence, it comes as no surprise that a large majority of the Energy Stocks that Crashed This Week belong to the energy services industry.
Oil and gas workers operating high horsepower pumps on a hydraulic fracturing site.
To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 1 to April 8, 2025. 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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Share Price Decline Between Apr. 1 and Apr. 8: 46.33%
ProFrac Holding Corp. (NASDAQ:ACDC) is a technology-focused energy services company operating in the United States.
ProFrac Holding Corp. (NASDAQ:ACDC) did not live up to forecasts in Q4 2024, as its EPS of -$0.54 missed expectations by $0.2. The company's revenue of $454.7 million also fell below expectations by $24.56 million, besides being down 7% YoY. ProFrac Holding's Q4 loss also increased by over 292% compared to the previous quarter, in addition to a 33.7% decline in operating cash flow. The disappointing performance, coupled with the overall decline in the energy services sector, pushed the share price of ACDC to an all-time low this week.
Overall, ACDC ranks 2nd 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 ACDC 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.