Why These Energy Stocks are Gaining This Week

In this article, we are going to discuss energy stocks that are gaining this week.

The ongoing artificial intelligence boom is set to transform the global energy sector. According to a recent report by the International Energy Agency, electricity demand from data centers worldwide is set to more than double by 2030 to around 945 terawatt-hours (TWh), slightly more than the entire electricity consumption of Japan today. Moreover, while the American big-tech has kept its focus on renewable energy over the last decade to reduce its carbon footprint, the sector is now also opening up to fossil fuels as a viable option to power its data centers.

Natural gas has emerged as a forerunner to power the AI boom, since it is relatively clean, reliable, and abundant. However, gas prices aren’t what they used to be, having risen by over 190% since March 2024. Another viable option is nuclear energy, which has gained worldwide attention recently following the CERAWeek conference in March, when several tech giants signed a pledge to support the goal of at least tripling the world’s nuclear energy capacity by 2050.

There have also been fears recently that the power demand required by the ballooning AI industry may have been overestimated, which led to several energy stocks posting significant declines not so long ago. However, the recently reported better-than-expected results from the cloud and AI businesses of some major American tech companies have somewhat eased these concerns.

Why These Energy Stocks are Gaining This Week

Our Methodology

To collect data for this article, we have referred to several stock screeners to find energy stocks that have surged the most between April 23 and April 30, 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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10. Martin Midstream Partners L.P. (NASDAQ:MMLP)

Share Price Gains Between Apr. 23 – Apr. 30: 5.88%

Martin Midstream Partners L.P. (NASDAQ:MMLP) provides specialty services to major and independent oil and gas companies, including refineries, chemical companies, and similar businesses.

The share price of Martin Midstream Partners L.P. (NASDAQ:MMLP) received a boost last week after initially declining following the announcement of its Q1 2025 results. Though the company posted a net loss of $1 million during the quarter, its revenue rose by 6.5% YoY to $192.5 million and topped expectations. MMLP also maintained its quarterly cash distribution of $0.00 per share.

9. Prairie Operating Co. (NASDAQ:PROP)

Share Price Gains Between Apr. 23 – Apr. 30: 7.12%

Prairie Operating Co. (NASDAQ:PROP) is an independent energy company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States.

Prairie Operating Co. (NASDAQ:PROP) surged this week after Piper Sandler initiated coverage on the stock, with an Overweight rating and a price target of $11. According to the investment firm, PROP is in a unique position to deliver organic oil growth and double-digit CAGR into FY 2026, after aggressively consolidating in the oil window of the northern DJ Basin. Prairie Operating Co. (NASDAQ:PROP) has completed approximately $800 million in transactions from FY 2023 to 2025.

8. Golar LNG Limited (NASDAQ:GLNG)

Share Price Gains Between Apr. 23 – Apr. 30: 7.58%

As one of the world’s largest independent owners and operators of marine-based LNG midstream infrastructure, Golar LNG Limited (NASDAQ:GLNG) designs, converts, owns, and operates marine infrastructure that turns natural gas into LNG.

The stock of Golar LNG Limited (NASDAQ:GLNG) received a significant boost in April after the company revealed that its FLNG Gimi vessel has completed the offload of its first full LNG cargo to the British Sponsor, marking a major milestone for Mauritania and Senegal as they enter the international gas market. Moreover, Golar announced that commissioning remains on track for a Q2 2025 Commercial Operations Date. Once achieved, it will activate a 20-year lease and operate agreement, unlocking approximately $3 billion of adjusted EBITDA backlog attributable to GLNG.

7. Vistra Corp. (NYSE:VST)

Share Price Gains Between Apr. 23 – Apr. 30: 8.02%

Vistra Corp. (NYSE:VST) is the largest competitive power generator in the US with a capacity of approximately 41,000 megawatts.

The share price of Vistra Corp. (NYSE:VST) has surged over the last week following the announcement of better-than-expected results by some American tech giants, easing concerns about a potential slowdown in AI demand and the data-center business.

Moreover, Vistra Corp. (NYSE:VST) significantly expanded its footprint with the acquisition of Energy Harbor in March. The deal added 4 GW of nuclear generation capacity to the company’s portfolio, making it the owner of the second-largest competitive nuclear fleet in America.

Vistra Corp. (NYSE:VST) is included among the 10 Best Nuclear Energy Stocks to Buy According to Billionaires.

6. Noble Corporation plc (NYSE:NE)

Share Price Gains Between Apr. 23 – Apr. 30: 8.92%

Noble Corporation plc (NYSE:NE) operates as an offshore drilling contractor for the oil and gas industry worldwide.

Noble Corporation plc (NYSE:NE) reported strong results for its Q1 2025 this week. The company posted a revenue of $874.5 million, up by a significant 37.26% YoY and topping expectations by over $15 million. NE also announced a substantial increase in its contract backlog, reaching $7.5 billion, alongside new contract awards totaling 15 rig years, representing $2.2 to $2.7 billion of revenue potential. The company reported a Q1 net income of $108 million and maintained its quarterly cash dividend at $0.5 per share.

5. Solaris Energy Infrastructure, Inc. (NYSE:SEI)

Share Price Gains Between Apr. 23 – Apr. 30: 9.31%

Next on our list of Energy Stocks that Gained the Most This Week is Solaris Energy Infrastructure, Inc. (NYSE:SEI), a company that designs and manufactures specialized equipment for oil and natural gas operators in the United States.

Solaris Energy Infrastructure, Inc. (NYSE:SEI) announced better-than-expected results for its Q1 2025 this week, reporting an adjusted EPS of $0.2 against estimates of $0.11. The company’s revenue also grew by a massive 86% YoY to $126.33 million and beat expectations by just over $10 million. SEI also reported a net income of $13 million for the quarter, well above the $7.3 million posted in Q1 2024. The company has also highlighted a significant shift in business focus from traditional oilfield services to energy infrastructure, while outlining plans to grow its power generation fleet to 1.7 GW by the first half of 2027.

4. TechnipFMC plc (NYSE:FTI)

Share Price Gains Between Apr. 23 – Apr. 30: 12.54%

TechnipFMC plc (NYSE:FTI) is a leading technology provider to the traditional and new energy industry, delivering fully integrated projects, products, and services.

The stock of TechnipFMC plc (NYSE:FTI) surged last week despite the company missing earnings expectations. However, FTI’s revenue of $2.23 million was up by 9.4% YoY, and its cash flow also came in at $380 million, a notable achievement in light of its typical seasonality. Moreover, the company reported a 10% QoQ increase in its backlog to $15.8 billion.

TechnipFMC plc (NYSE:FTI) also revealed in March that it had secured a large integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from Equinor for the third phase of what is said to be the third-largest oil field on the Norwegian Continental Shelf. The company placed the contract value at anywhere between $500 million and $1 billion.

3. Stabilis Solutions, Inc. (NASDAQ:SLNG)

Share Price Gains Between Apr. 23 – Apr. 30: 14.12%

Stabilis Solutions, Inc. (NASDAQ:SLNG) is a leading provider of turnkey clean energy production, storage, and delivery solutions of LNG.

The stock of Stabilis Solutions, Inc. (NASDAQ:SLNG) has surged by 20% over the last month following a reinvigorated global interest in the American LNG sector. A number of countries have made plans to purchase American LNG to narrow down their trade gap with the United States, painting a bullish outlook for the country’s LNG exports.

Stabilis Solutions, Inc. (NASDAQ:SLNG) also beat earnings expectations in its last quarter, reporting an EPS of $0.11 against expectations of $0.04.

2. TETRA Technologies, Inc. (NYSE:TTI)

Share Price Gains Between Apr. 23 – Apr. 30: 15.38%

TETRA Technologies, Inc. (NYSE:TTI) is a diversified oil and gas services company focused on completions fluids, water management, and production testing.

TETRA Technologies, Inc. (NYSE:TTI) posted its Q1 2025 results this week, reporting an adjusted EPS of $0.11 against expectations of $0.07. The company’s revenue also grew by 17% sequentially and 4% YoY. TTI  also reported its record Q1 adjusted EBITDA of $32.3 million, which increased 41% sequentially and compared to last year, led by strong performance from Completion Fluids and Products. Moreover, the company revealed that it successfully completed the first of the three scheduled TETRA CS Neptune wells during Q1, while making significant progress on the second well, which was subsequently completed in April.

1. Stem, Inc. (NYSE:STEM)

Share Price Gains Between Apr. 23 – Apr. 30: 31.93%

Topping our list of Energy Stocks that Surged the Most This Week is Stem, Inc. (NYSE:STEM), a global leader in AI-enabled software and services that empower its customers to plan, deploy, and operate clean energy assets.

Stem, Inc. (NYSE:STEM) reported better-than-expected results for its Q1 2025 this week, reporting an adjusted EPS of -$0.15 and beating estimates by $0.04. The company’s revenue of $32.51 million was also up by 27.65% YoY and topped expectations by $2.45 million. STEM’s net loss narrowed significantly to $25 million from $72.3 million in Q1 2024. Moreover, the company reported its first-ever quarter of positive operating cash flow in Q1, marking a major milestone.

Overall, STEM ranks first on our list of the energy stocks that gained 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 STEM 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.

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