In this article, we are going to discuss the energy stocks that are gaining this week.
The energy sector has lagged behind the overall market this year, driven primarily by the sharp decline in global crude oil prices. However, oil prices witnessed a slight rebound this week on the back of rising tensions in Yemen and potential supply disruptions in the Middle East. Moreover, the efforts for the Russia-Ukraine peace deal also received a blow after the Kremlin accused Kyiv of launching a drone attack on President Putin’s residence in northern Russia, pushing Moscow to review its position in the peace talks.
As a result, the S&P energy index surged by almost 1% between December 22 and December 29, against gains of 0.4% by the S&P 500 during the period.
The sector also received support from a rebound in natural gas prices this week, as forecasts of a colder winter in the US are expected to increase demand for the fuel for heating.
Our Methodology
To collect data for this article, we used several stock screeners to identify energy stocks that surged the most between December 22 and December 29, 2025. The following are the Energy Stocks that Gained the Most This Week. The stocks are ranked according to their share price surge during this period.
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8. Woodside Energy Group Ltd (NYSE:WDS)
Share Price Gains Between Dec. 22 and Dec. 29: 1.9%
Founded in Australia, Woodside Energy Group Ltd (NYSE:WDS) is a global energy company with a portfolio that includes quality oil and gas assets and interests in Australia, the Gulf of Mexico, Trinidad and Tobago, Senegal, Timor-Leste, Canada, and Barbados.
Woodside Energy Group Ltd (NYSE:WDS) announced on December 29 that it had signed an agreement to supply the Turkish state-owned petroleum company BOTAS with around 5.8 billion cubic meters of LNG for up to nine years. Deliveries are set to begin in 2030. Under the agreement, the LNG will be sourced primarily from Woodside’s under-construction Louisiana LNG complex, which is expected to deliver its first gas in 2029.
Mark Abbotsford, Executive Vice President and Chief Commercial Officer of Woodside Energy Group Ltd (NYSE:WDS), commented:
“This supply agreement with BOTAŞ represents a strategic milestone for Woodside given it is our first long-term LNG supply arrangement with the Turkish market. It is yet another demonstration of the strength and flexibility of Woodside’s diversified portfolio and ability to deliver on our global ambitions.”
Separately, on December 29, Woodside Energy Group Ltd (NYSE:WDS) announced that its Beaumont New Ammonia facility in Texas had produced its first ammonia following completion of systems testing, keeping the project on track for a commercial start early next year. The plant has a production capacity of 1.1 million metric tons per year and could potentially double the US ammonia exports when fully operational.
7. North American Construction Group Ltd. (NYSE:NOA)
Share Price Gains Between Dec. 22 and Dec. 29: 2.02%
North American Construction Group Ltd. (NYSE:NOA) provides a wide range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily within the Canadian oil sands.
North American Construction Group Ltd. (NYSE:NOA) received a boost on December 18 when the company announced that it had acquired Iron Mine Contracting (IMC), a Western Australian diversified mining services contractor. Valued at approximately C$115 million, the deal is aimed at bolstering NACG’s presence in the Australian mining services, increasing its incremental EPS by approximately 20% in 2026.
Joe Lambert, President and CEO of North American Construction Group Ltd. (NYSE:NOA), stated:
“IMC represents a natural and strategic extension of our business into the Western Australian market. The IMC team has built a high-quality business with strong margins sharing NACG’s core culture of operational and safety excellence. This acquisition provides a great foundation to fast track our Western Australia growth strategy which is considered a global powerhouse for base metals, precious metals and critical & rare earth minerals. Combined with the MacKellar Group, we are now an Australian Tier 1 contractor capable of executing complex scopes across the entirety of Australia. IMC is a well-run business in a great market presenting a clear opportunity for low-capital growth by leveraging our underutilized Canadian assets and our highly skilled in-house maintenance team experienced in major component and whole machine rebuilds.”
The share price of North American Construction Group Ltd. (NYSE:NOA) has fallen by almost 35% since the beginning of 2025.
