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Top 2 Energy Stocks That May Fall Off A Cliff In Q2
Benzingaยท2025-06-06 13:26

Core Insights - Two stocks in the energy sector are signaling potential warnings for momentum-focused investors as of June 6, 2025 [1] Group 1: ProFrac Holding Corp (ACDC) - ProFrac Holding reported a 32% increase in revenue and an 83% increase in Adjusted EBITDA compared to Q4 2024, indicating strong quarterly performance [7] - The company achieved new operating efficiency records in pump hours, reflecting effective asset management [7] - ProFrac's stock surged approximately 89% over the past month, reaching a 52-week high of $9.49, with an RSI value of 74.7 [7] Group 2: Cool Company Ltd (CLCO) - Cool Company posted better-than-expected first-quarter sales, with CEO Richard Tyrrell highlighting active operations including vessel deliveries and transitions [7] - The stock gained around 15% over the past five days, with a 52-week high of $12.45, despite facing challenges in the spot market due to high LNG prices [7] - Cool Company's RSI value stands at 71.7, indicating it is nearing overbought territory [7]