Why These Energy Stocks Are Gaining This Week

5. Profrac Holding Corp (NASDAQ:ACDC)

Share Price Gains Between May 22 – May 29: 21.07%

Next on our list of Energy Stocks that Gained the Most This Week is ProFrac Holding Corp. (NASDAQ:ACDC), a technology-focused energy services company operating in the United States.

ProFrac Holding Corp. (NASDAQ:ACDC) continues to gain after posting strong results for its Q1 2025 earlier this month. The company’s revenue surged by almost 32% from Q4 2024 to $600.3 million, beating estimates by over $102 million. ProFrac’s net loss also decreased significantly to $15 million from $102 million in the previous quarter, while its adjusted EPS of -$0.09 topped expectations by $0.23. Moreover, the company achieved new operating efficiency records both in terms of pump hours and average pump hours per fleet, a testament to its asset management program and execution in the field.

That said, ProFrac Holding Corp. (NASDAQ:ACDC) remains cautious about the future, outlining a decline in activity in Q2 2025 amid tariff impacts and a production increase from OPEC+.