In this article, we are going to discuss the energy stocks that are gaining the most this week.
Despite the tough market conditions and crude oil prices plunging to a multi-year low, a number of major oil and gas players have reported better-than-expected results over the last week. Shareholder returns also remained strong, with several oil supermajors sticking to their commitments to return billions of dollars in dividends and share repurchases, despite declining profits amid a bleak outlook for oil.
The refining business is also proving more resilient than expected, with US Gulf Coast refiners processing Mars crude enjoying a doubling of margins YoY to some $16 per barrel. Despite a widely projected slowdown in demand, US refineries are currently operating at elevated levels, processing over 16 million bpd last week, 123,000 bpd higher than last year. However, it remains to be seen how long these levels can be maintained.
Another positive news came in the form of strong financial results and forward-looking capital spending guidance from tech giants and AI pioneers, reassuring investors on the sustainability of AI spending and the consequent rise in energy demand. Mark Zuckerberg’s technology firm even raised its capex guidance range from $60 billion to $65 billion to a new range of $64 billion to $72 billion, with CFO Susan Li stating in the company’s Q1 earnings call:
“…even with the capacity that we’re bringing online in 2025, we are having a hard time meeting the demand that teams have for compute resources across the company. So we are going to continually invest meaningfully here across our infrastructure footprint..”
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 May 1 and May 8, 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.
At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
10. Talos Energy Inc. (NYSE:TALO)
Share Price Gains Between May 1 – May 8: 12.34%
Talos Energy Inc. (NYSE:TALO) is a leading energy company focused on offshore oil and gas exploration and production in the United States Gulf Coast, the Gulf of America, and offshore Mexico.
The stock of Talos Energy Inc. (NYSE:TALO) received a boost after the company posted a surprise adjusted net profit for its Q1 2025 this week. The energy firm posted an adjusted EPS of $0.06, beating expectations by a significant $0.16. TALO’s revenue also grew by 19.33% YoY to just over $513 million, topping estimates by $14.77 million. Moreover, this was the fifth consecutive quarter of record production for the company, which achieved approximately 101 MBoe/d in the first quarter of 2025.
9. California Resources Corporation (NYSE:CRC)
Share Price Gains Between May 1 – May 8: 14.97%
California Resources Corporation (NYSE:CRC) operates as an independent energy and carbon management company in the United States.
California Resources Corporation (NYSE:CRC) posted strong results for its Q1 2025 this week, reporting an adjusted EPS of $1.07 and beating estimates by $0.3. The company’s net income increased significantly from $33 million in Q4 2025 to $115 million in the first quarter of this year. Moreover, its revenue of $912 million was double what it was last year and topped forecasts by over $50 million. CRC also returned $258 million to shareholders during the quarter and announced a quarterly dividend of $0.3875 per share for the second quarter. The launch of California’s first Carbon Capture and Storage project is also a significant strategic move for the company.
8. Clean Energy Fuels Corp. (NASDAQ:CLNE)
Share Price Gains Between May 1 – May 8: 15.54%
Clean Energy Fuels Corp. (NASDAQ:CLNE) pioneered renewable natural gas as a vehicle fuel in the US and continues to be North America’s largest provider of RNG for the transportation industry.
Clean Energy Fuels Corp. (NASDAQ:CLNE) beat forecasts in its Q1 2025 results revealed this week, reporting an adjusted EPS of $0.01 against estimates of an adjusted loss per share of $0.16. The company’s revenue of $103.8 million also managed to top expectations by $5.82 million.
Clean Energy Fuels Corp. (NASDAQ:CLNE) executed several new RNG supply agreements with customers, including transit agencies in Michigan, Texas, and Alabama. Moreover, the company resumed repurchases of its common stock during the quarter, with $26.1 million of capacity still remaining under its repurchase program as of the end of Q1.
7. PBF Energy Inc. (NYSE:PBF)
Share Price Gains Between May 1 – May 8: 16.03%
PBF Energy Inc. (NYSE:PBF) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States.
The share price of PBF Energy Inc. (NYSE:PBF) surged this week despite the company posting a net loss, as the fire at its Martinez refinery in California and other turnaround activities weighed on refining margins. However, the company’s adjusted EPS of -$3.09 still managed to top estimates by $0.2, while its revenue of $7 billion also beat expectations by $464.4 million. Despite the loss, PBF Energy maintained its quarterly dividend at $0.275 per share. Moreover, to help improve its profitability, the company has outlined $200 million of cost-saving initiatives for 2025.
6. Comstock Resources, Inc. (NYSE:CRK)
Share Price Gains Between May 1 – May 8: 19.61%
Comstock Resources, Inc. (NYSE:CRK) is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas.
Comstock Resources, Inc. (NYSE:CRK) recently posted strong results for its Q1 2025, reporting an adjusted EPS of $0.18 against expectations of $0.17. The company’s revenue also grew by almost 53% YoY to $512.85 million and beat estimates by $93.51 million. The strong financial results were primarily attributed to the higher natural gas prices during the quarter. CRK also highlighted its successful drilling program, particularly in the Western Haynesville, which has positioned it well for continued growth.
It was also revealed this week that Comstock Resources, Inc. (NYSE:CRK) has entered into a non-binding agreement with BKV Corporation to develop carbon capture, utilization, and sequestration (CCUS) projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area.
5. Par Pacific Holdings, Inc. (NYSE:PARR)
Share Price Gains Between May 1 – May 8: 22.25%
Next on our list of Stocks that Gained the Most This Week is Par Pacific Holdings, Inc. (NYSE:PARR), a growth-oriented company that owns and operates market-leading energy and infrastructure businesses in logistically complex markets.
The stock of Par Pacific Holdings, Inc. (NYSE:PARR) received a boost despite the company reporting a net loss for its Q1 2025 this week, reporting an adjusted EPS of -$0.94 against expectations of -$0.79. However, the company’s revenue of $1.75 billion managed to beat estimates by over $265 million.
Par Pacific Holdings, Inc. (NYSE:PARR) also highlighted significant progress on various strategic initiatives. The company restarted its Wyoming refinery ahead of schedule and is nearing completion of the Montana turnaround and Hawaii SAF project. Moreover, PARR reduced its shares outstanding by 5% during the first quarter, reflecting its strong balance sheet and commitment to shareholders.
4. Centrus Energy Corp. (NYSE:LEU)
Share Price Gains Between May 1 – May 8: 24.43%
Centrus Energy Corp. (NYSE:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry.
Centrus Energy Corp. (NYSE:LEU) is the only American company with proven enrichment technology, giving it a significant advantage in the current trade tensions. The stock has also received a boost due to nuclear energy regaining the spotlight during the ongoing AI boom.
Centrus Energy Corp. (NYSE:LEU) also posted strong results for its Q1 2025 this week, reporting an EPS of $1.6 and beating expectations by a significant $1.65. The company’s revenue also surged by 67.3% YoY to $73.1 million, topping estimates by almost $5 million. Moreover, Centrus has expressed confidence in its compelling investment case for the $3.4 billion in funding that Congress has provided to jumpstart domestic nuclear fuel production.
3. NPK International Inc. (NYSE:NPKI)
Share Price Gains Between May 1 – May 8: 33.44%
NPK International Inc. (NYSE:NPKI) is a temporary worksite access solutions company that manufactures, sells, and rents recyclable composite matting products, along with a full suite of services.
NPK International Inc. (NYSE:NPKI) reported its Q1 2025 results last week, showcasing a 32% YoY growth in revenues to $64.8 million and a 59% YoY rise in adjusted EBITDA from continuing operations. As a result, the company’s EPS of $0.12 topped expectations by $0.04, while its revenue also managed to beat estimates by almost $8.6 million. NPK also repurchased $11 million of its common stock during the quarter and announced an increase in its remaining share repurchase authorization to $100 million. Moreover, the company remains optimistic about its growth prospects and raised its 2025 revenue guidance to $252 million amid strong Q1 results.
2. OPAL Fuels Inc. (NASDAQ:OPAL)
Share Price Gains Between May 1 – May 8: 36.16%
OPAL Fuels Inc. (NASDAQ:OPAL) is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas (RNG).
OPAL Fuels Inc. (NASDAQ:OPAL) reported its Q1 2025 results this week, reporting a net income of $1.3 million compared to $0.7 million in the same period last year. However, the company’s EPS of -$0.01 fell short of expectations by $0.07. OPAL’s revenue for the quarter also grew by 31% YoY $85.4 million, and topped estimates by $3.16 million. The company also reported a 38% YoY increase in RNG production to 1.1 million MMBtu during the first quarter.
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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