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.
8. PBF Energy Inc. (NYSE:PBF)
Share Price Gains Between May 7 – May 14: 24.65%
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.
PBF Energy Inc. (NYSE:PBF) continued to surge this week after it was upgraded by UBS from ‘Neutral’ to ‘Buy’. The brokerage firm also raised the stock’s price target from $20 to $26, citing a strong improvement in refining fundamentals and a strong rebound in refining cracks. It must be noted that PBF managed to beat both earnings and revenue estimates in its Q1 2025 results reported earlier this month, despite posting an overall net loss.
7. HighPeak Energy, Inc. (NASDAQ:HPK)
Share Price Gains Between May 7 – May 14: 25.86%
HighPeak Energy, Inc. (NASDAQ:HPK) is an independent oil and natural gas company engaged in the acquisition, development and production of oil, natural gas and NGL reserves.
The stock of HighPeak Energy, Inc. (NASDAQ:HPK) surged after the company reported its Q1 2025 results this week. HPK’s net income increased by a massive 464% YoY to $36.3 million, which was in-line with market expectations. The company’s revenue of $257.45 million, though down by over 10% from last year, also managed to beat estimates. HighPeak’s sales volumes during the quarter averaged 53.1 MBoe/d, a 6% YoY. The company also declared a quarterly dividend of $0.04 per share.
6. Vital Energy, Inc. (NYSE:VTLE)
Share Price Gains Between May 7 – May 14: 29.89%
Vital Energy, Inc. (NYSE:VTLE) is an independent energy company that engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas.
Investors reacted positively after Vital Energy, Inc. (NYSE:VTLE) posted its Q1 2025 results this week, despite the company reporting an overall net loss of $18.8 million. That said, VTLE’s adjusted EPS came in at $2.37 and managed to beat expectations by $0.25. The company’s production remained within guidance and it also managed to reduce its total and net debt by $145 million and $133.5 million respectively. More importantly, VTLE revealed that its hedge position for the remainder of the year has reduced its near-term price risks, with about 90% of its expected oil production swapped at around $71 per barrel WTI. This puts the company at a significant advantage during the current market volatility and plunging crude oil prices.
5. Natural Gas Services Group, Inc. (NYSE:NGS)
Share Price Gains Between May 7 – May 14: 30.37%
Natural Gas Services Group, Inc. (NYSE:NGS) is a leading provider of small, medium, and large horsepower compression equipment to the oil and natural gas industry.
Investors reacted positively after Natural Gas Services Group, Inc. (NYSE:NGS) reported a strong start to the year this week, posting a record rental revenue of $38.9 million for Q1 2025, up 15% YoY. Though the company’s net income decreased slightly compared to last year, its adjusted EBITDA of $19.3 million represented a 14% YoY increase. Moreover, its EPS of $0.38 still managed to beat estimates by $0.13. Based on its strong performance for the first quarter, NGS has increased the high-end of its adjusted EBITDA guidance for FY 2025 to $79 million. The company now anticipates adjusted EBITDA for the year to be in the range of $74 – $79 million.
4. Kosmos Energy Ltd. (NYSE:KOS)
Share Price Gains Between May 7 – May 14: 30.92%
Kosmos Energy Ltd. (NYSE:KOS) is a leading deepwater exploration and production company with assets in proven basins offshore Ghana, Equatorial Guinea, and the Gulf of America, as well as a world-class gas development offshore Mauritania and Senegal.
The share price of Kosmos Energy Ltd. (NYSE:KOS) surged despite the company posting lower-than-expected results for its Q1 2025 last week. The energy firm’s adjusted EPS of -$0.22 missed forecasts by $0.13, while its revenue of $290.43 million also fell below estimates by $28.73 million, besides being down by over 30% YoY.
However, marking a major milestone for the company, Kosmos Energy Ltd. (NYSE:KOS) revealed that it has commenced export from the GTA project offshore Mauritania and Senegal and is currently lifting its second cargo.
Despite the recent uptick, the stock of Kosmos Energy Ltd. (NYSE:KOS) has declined by over 46% so far this year.
3. Centrus Energy Corp. (NYSEAMERICAN:LEU)
Share Price Gains Between May 7 – May 14: 33.68%
Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry.
The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) continues to surge after the company posted stellar results for the second consecutive quarter in its Q1 2025 last week. Centrus Energy’s EPS of $1.6 topped estimates by a significant $1.65, while its revenue also surged by 67.3% YoY to $73.1 million, and beat expectations by almost $5 million. The company has also expressed confidence in its compelling investment case for the $3.4 billion in funding that Congress has provided to jumpstart domestic nuclear fuel production.
Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost after Evercore ISI initiated coverage of the stock this week, with an Outperform rating and a price target of $145. The firm highlighted LEU’s unique position in the nuclear fuel industry, as it spearheads the domestic production of High Assay Low-Enriched Uranium (HALEU), a critical component for powering next-generation nuclear reactors.
2. Flotek Industries, Inc. (NYSE:FTK)
Share Price Gains Between May 7 – May 14: 44.73%
Flotek Industries, Inc. (NYSE:FTK) is a leading chemistry and data technology company focused on servicing the energy industry.
Flotek Industries, Inc. (NYSE:FTK) continues to gain after posting significant growth in revenue and profit in its Q1 2025 results reported last week, marking its strongest quarterly performance in the last five years. The company’s net income surged by a massive 244% YoY to $5.38 million, while its revenue also increased by 37% YoY to $55.36 million – both beating market expectations. FTK 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 further strengthen its market position. Moreover, there have also been reports of insider activity at Flotek, with director Matthew Wilks investing over $1.65 million to purchase the company’s stock.
After the recent rally, the stock of Flotek Industries, Inc. (NYSE:FTK) has now surged by around 315% over the last 52 weeks.
1. Profrac Holding Corp (NASDAQ:ACDC)
Share Price Gains Between May 7 – May 14: 45.73%
ProFrac Holding Corp. (NASDAQ:ACDC) is a technology-focused energy services company operating in the United States.
The stock of ProFrac Holding Corp. (NASDAQ:ACDC) received a massive boost after posting its Q1 2025 results last week, with revenue increasing 32% and Adjusted EBITDA increasing 83% versus the fourth quarter of 2024. The company’s net loss also came in at $15 million, compared to a net loss of $102 million in Q4 2024. Moreover, ACDC’s EPS of -$0.09 managed to beat expectations by a significant $0.23, while its revenue of $600.3 million also topped estimates by $104.6 million.
However, despite the recent surge, the share price of ProFrac Holding Corp. (NASDAQ:ACDC) has fallen by over 25% so far this year.
Overall, ProFrac Holding Corp. (NASDAQ:ACDC) ranked first on our list of the energy stocks that are gaining this week. While we acknowledge the potential of ACDC to grow, 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 ACDC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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