In this article, we will take a look at the 5 Best American Energy Stocks to Buy According to Wall Street Analysts. For deeper discussion and analysis, have a look at the 15 Best American Energy Stocks to Buy According to Wall Street Analysts.
5. Infinity Natural Resources, Inc. (NYSE:INR)
Upside Potential as of April 10: 45.83%
Infinity Natural Resources, Inc. (NYSE:INR) is a growth-oriented, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin.
On April 2, KeyBanc raised its price target on Infinity Natural Resources, Inc. (NYSE:INR) from $22 to $24, while maintaining an ‘Overweight’ rating on the shares. The revised target indicates an upside of over 43% from the current levels.
The move comes after the analyst firm updated its oil price deck following the end of the first quarter. With the ongoing supply disruptions in the Middle East, a lot has changed in the global crude oil market since Keybanc gave its last update in mid-January. The firm expects these disruptions to continue into the summer and sees the recent oil/equities selloff as an investment opportunity for investors.
Infinity Natural Resources, Inc. (NYSE:INR) reported a 46% YoY growth in its total net daily production to 211.8 MMcfe/d in FY 2025. The firm now expects to continue this momentum and deliver a total net daily production of 345-375 MMcfe/d for FY 2026, indicating a YoY growth of around 70% at the midpoint.
4. Sunrun Inc. (NASDAQ:RUN)
Upside Potential as of April 10: 69.43%
Sunrun Inc. (NASDAQ:RUN) is the leading home solar panel and battery storage company in the United States.
On April 7, Jefferies analyst Julien Dumoulin-Smith trimmed the firm’s price target on Sunrun Inc. (NASDAQ:RUN) from $22 to $15, while maintaining a ‘Hold’ rating on the shares. However, the lowered target still indicates an upside potential of almost 13% from the current share price.
The analyst highlighted investor concerns regarding Sunrun Inc. (NASDAQ:RUN)’s volumes and cash generation. While Jefferies remains constructive on the company’s disciplined approach amid the soaring market uncertainty, it does not project FY 2026 to be a growth year. However, the analyst firm expects Sunrun to continue generating cash beyond 2026, even in a slower-growth environment.
Sunrun Inc. (NASDAQ:RUN) is targeting to deliver high single- to low double-digits growth in its direct business in FY 2026. While the company expects the first quarter to be its low point, it is forecasting strong sequential growth through the year. Sunrun is projecting cash generation in the range of $250 million to $450 million for 2026, compared to $377 million generated last year.
3. Hallador Energy Company (NASDAQ:HNRG)
Upside Potential as of April 10: 77.63%
Hallador Energy Company (NASDAQ:HNRG) operates as an independent power producer and fuel company in the United States. It operates in two segments, Electric Operations and Coal Operations.
Hallador Energy Company (NASDAQ:HNRG) received a boost on March 26 when Jefferies upgraded the stock from ‘Hold’ to ‘Buy’, while also bumping its price target from $17.50 to $22.50. The raised target reflects an upside of 48% from the current levels.
The upgrade comes after Hallador Energy Company (NASDAQ:HNRG) locked in capacity hedges at approximately $470/MW-day for two years, meaningfully exceeding its latest print of $230/MW-day. Moreover, the company ‘curiously’ only hedged through the summer of 2028, specifically leaving open the fall of 2028 for any presumed capacity offtake by hyperscalers.
As a result, Jefferies analyst Julien Dumoulin-Smith upped his forecasts for the company’s 2028 EBITDA and free cash flow by 14% and 22%, respectively, significantly exceeding consensus. The analyst now values Hallador’s base business excluding data center and gas deals at $15.5/share, up 11% from his previous estimate.
2. Sable Offshore Corp. (NYSE:SOC)
Upside Potential as of April 10: 82.65%
Sable Offshore Corp. (NYSE:SOC) is an independent upstream company focused on developing the prolific Santa Ynez Unit in federal waters offshore California.
Sable Offshore Corp. (NYSE:SOC) announced that on March 29, it had finally initiated oil sales from its Santa Ynez pipeline system in California, marking a key milestone in the phased restart of production across the Santa Ynez Unit. The company revealed that Platform Harmony was already producing 22,000 gross barrels of oil per day at the Unit.
Moreover, Sable Offshore Corp. (NYSE:SOC) also unveiled plans to commence production restart at Platform Heritage on March 30, at an expected total rate of more than 30,000 gross bpd. Meanwhile, the company’s third asset, Platform Hondo, is also expected to come online by the end of Q2 2026, with projected output of more than 10,000 bpd. This will take the total output from the Santa Ynez Unit to over 60,000 barrels per day.
Notably, Sable Chairman and CEO, Jim Flores also revealed that the company was commencing oil sales through the Santa Ynez Pipeline System to Chevron.
1. NANO Nuclear Energy Inc. (NASDAQ:NNE)
Upside Potential as of April 10: 119.17%
Topping our list of the Best American Energy Stocks to Buy is Nano Nuclear Energy Inc. (NASDAQ:NNE), an advanced technology-driven nuclear energy company. Its business lines include cutting-edge portable and other microreactor technologies, nuclear fuel fabrication, nuclear fuel transportation, nuclear applications for space, and nuclear industry consulting services.
Nano Nuclear Energy Inc. (NASDAQ:NNE) announced on April 7 that it had submitted a proposal to Dioxitek for the potential joint development of a natural uranium hexafluoride production facility in Argentina. Dioxitek is the country’s state-run nuclear fuel cycle and uranium dioxide production company.
The move follows an MoU signed between the two companies in August last year, which established a non-binding framework to evaluate and assess the current capacities of uranium conversion to enrichment feedstock and its supporting infrastructure in Argentina. Nano Nuclear Energy Inc. (NASDAQ:NNE) announced that the proposal represents the outcome of this collaborative assessment.
According to the company’s press release, the proposal is now under review as per the requirement under Argentinian law, and may lead to negotiations and the execution of definitive agreements between the two partners following further work.
Nano Nuclear Energy Inc. (NASDAQ:NNE) was also recently included in our list of the 12 Most Promising Small-Cap Industrial Stocks Under $30.
While we acknowledge the potential of NNE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NNE and that has 100x upside potential, check out our report about the cheapest AI stock.
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