In this article, we are going to discuss the energy stocks that are gaining this week.
After a difficult few weeks, the energy sector seems to be gaining momentum again, with gains of 5.61% over the last week, compared to 4.64% by the wider market. Some much needed relief from the sector has emerged in the form of the recent truce between the United States and China, which has caused global crude oil prices to bounce back a bit after hitting a multi-year low earlier this month. The West Texas Intermediate (WTI) crude price is currently hovering just below the $62 per barrel mark, after plunging to approximately $57 last week.
However, the upside potential for oil remains limited, since demand forecasts still remain weak for the time being and supply is abundant, especially after the decision by OPEC+ to raise production for the second successive month in June.
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. 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. Northern Oil and Gas, Inc. (NYSE:NOG)
Share Price Gains Between May 7 – May 14: 21.92%
Northern Oil and Gas, Inc. (NYSE:NOG) is the largest, publicly traded, non-operated, upstream energy asset owner in the United States that engages in the acquisition, exploration, development, and production of oil and natural gas properties.
Northern Oil and Gas, Inc. (NYSE:NOG) received a boost this week after Raymond James upgraded the stock’s price target from $35 to $36, while reaffirming its Strong Buy rating. NOG posted strong results for its Q1 2025 recently with record total quarterly production of 134,959 boe/d (58% oil), up 13% YoY. The company also managed to beat both profit and revenue estimates, while its free cash flow came in at $135.7 million, up 41% from the same quarter last year.
9. Hallador Energy Company (NASDAQ:HNRG)
Share Price Gains Between May 7 – May 14: 21.99%
With its roots in oil and gas exploration, Hallador Energy Company (NASDAQ:HNRG) has evolved to concentrate on coal development and transportation delivery.
The stock of Hallador Energy Company (NASDAQ:HNRG) gained after the company reported better-than-expected results for its Q1 2025 this week. Hallador’s EPS of $0.23 was well above expectations by $0.39, while its revenue also surged by 7.4% YoY to $117.8 million, beating expectations by over $19 million. Electric sales, which make up 73% of the company’s revenue mix, also grew significantly to $85.9 million, underscoring Hallador’s commitment to emphasizing electric sales as an IPP. Thanks to its impressive performance, the company’s liquidity also improved to $69 million at the end of Q1 2025, compared to $37.8 million at the end of the previous quarter. Meanwhile, its total bank debt decreased significantly from $44 million to $23 million during the period.
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