Why These Energy Stocks Are Gaining This Week

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1. Flotek Industries, Inc. (NYSE:FTK)

Share Price Gains Between May 1 – May 8: 54.52%

Topping our list of Energy Stocks Gaining the Most This Week is Flotek Industries, Inc. (NYSE:FTK), a leading chemistry and data technology company focused on servicing the energy industry.

Flotek Industries, Inc. (NYSE:FTK) announced a significant increase in revenue and profit in its Q1 2025 results reported this week, marking its strongest quarterly performance in the last five years. The company’s net income grew by a significant 244% YoY to $5.38 million, while its EPS of $0.17 also topped estimates of $0.06. Flotek’s revenue also grew by 37% YoY to $55.36 million and beat expectations by $10.86 million. The surge was driven by an 88% increase in external chemistry revenue and a 57% growth in revenue from data analytics. The company also highlighted its acquisition of 30 real-time gas monitoring and dual fuel optimization assets last month, along with a $160 million multi-year contract, as strategic moves to bolster its market position.

Flotek Industries, Inc. (NYSE:FTK) has gained more than 211% over the last 52 weeks.

Overall, FTK 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 FTK 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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