Why the Tools International Corporation (DTI) drilling actions crashed this week


We recently published a list of Energy stocks that are losing this week. In this article, let’s take a look where Tools International Corporation (NASDAQ: DTI) occurs against other energy actions that they lose this week.

The world energy industry has faced a significant mishap this week after there were serious concerns about a global trade war and economic slowdown. After China again tackled President Trump’s rates with 34% of tasks on all US merchandise, world oil prices fell more than 8%, leading to their lowest position from the height of Covid-19 Pandemic in 2021. In addition, the price of United States Natural Gas in Henry Hub has also fallen around 7.5% in around 7.5% of the market. broad. Although the Trump administration has given exemptions to oil, gas and products refined in its exchange rates, the threat of inflation and slowing down economic growth has weighed energy prices. JP Morgan said that he now sees 60% of the world economic recession at the end of the year, up to 40%.

To pressure oil prices more, OPEC+ has decided to accelerate the increasing production plans, with the group that now aimed to supply 411,000 daily barrels (BPD) to the market in May, from 135,000 BPDs previously planned. As a result, Goldman Sachs analysts have suddenly reduced the December 2025 forecasts, reducing Brent and WTI goals by $ 5 to $ 66 and $ 62 per barrel, respectively.

Why do the Tools International Corporation (DTI) be lost this week?
Why do the Tools International Corporation (DTI) be lost this week?

A row of mass petroleum platforms in a desert landscape, against a single put.

To collect data from this article, we have referred to several bag projectors to find energy actions that have fallen more between March 27 to April 3, 2025. Then Energy stocks that have lost the most this week. Stocks are classified according to the decrease in the price of shares during this period.

At Insider Monkey, we are obsessed with the stocks that cover the funds. The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The strategy of our quarterly bulletin selects 14 stocks of small layers and large layers each quarter and has returned 373.4% since May 2014, surpassing its reference point at 218 percentage points (Check out more details here)).

Decrease in the price of shares between March 27 and 3: 30.66%

Since 1984, Drilling Tools International Corporation (NASDAQ: DTI) has been a leader of descent tools for land drilling markets and out of sea.

The price of the actions of the Tools International Corporation (NASDAQ: DTI) continues to immerse itself after the company reported mixed results for its 2024 quarter. DTI DTI EPS dollars fell below $ 0.04 estimates, but its $ 39.8 million income was online with the market expectations. The company’s net loss reached 1.3 million dollars during the quarter. Another main reasons for the recent decrease in shares is the fall of world oil prices and the threat of a short distance in short distance, which could cause a slowdown in oil exploration and perforation activities.



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