In this article, we are going to discuss the energy stocks that are gaining this week.
The American nuclear energy sector has been under the spotlight recently after President Trump signed an executive order to quadruple the country’s nuclear energy capacity by 2050. The White House wants to ensure America’s energy security in the wake of a record rise in the demand of electricity, primarily due to the AI boom and its accompanying data centers. The strategic move also aims to increase the domestic mining and enrichment of nuclear fuel and reduce reliance on imports from China and Russia, given the current geopolitical landscape.
The industry received a boost again this week after it was revealed that Mark Zuckerberg’s Meta Platforms has signed a 20-year agreement to buy nuclear power from Constellation Energy, in the Facebook owner’s first such deal with a nuclear power plant. The contract is Meta’s largest power deal to date and marks the latest move by big tech to meet the soaring electricity demand from AI, with Microsoft, Google, and Amazon also turning to nuclear power as an energy source.
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 29 and June 5, 2025. The following are the Energy Stocks that Gained the Most This Week. The stocks are ranked according to their share price jump during this period.
Why are we interested in 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Innovex International, Inc. (NYSE:INVX)
Share Price Gains Between May 29 – June 5: 9.01%
Established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, Innovex International, Inc. (NYSE:INVX) designs and manufactures offshore drilling and production equipment.
Innovex International, Inc. (NYSE:INVX) received a boost this week after announcing the completion of its acquisition of Citadel Casing Solutions, a provider of downhole technologies aimed at enhancing operational efficiencies in the oil and gas sector. The strategic move aligns with Innovex International’s core Big Impact, Small Ticket investment strategy and brings in a complementary suite of high-efficiency downhole tools.
The transaction is expected to be immediately accretive to Innovex International, Inc. (NYSE:INVX)’s EPS by 8%. Moreover, the company anticipates $2 million in cost synergies within the first three months, with additional synergies projected as Citadel becomes fully integrated into Innovex’s operations.
9. Centuri Holdings, Inc. (NYSE:CTRI)
Share Price Gains Between May 29 – June 5: 9.74%
Centuri Holdings, Inc. (NYSE:CTRI) is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.
Centuri Holdings, Inc. (NYSE:CTRI) continues to surge after the company announced $350 million in new customer awards in late May, reflecting strong demand for the company’s infrastructure solutions across North America. The awards span the United States and include work supporting electric and gas infrastructure modernization, water relocation, utility distribution, and renewables. This comes after Centuri Holdings had already announced nearly $490 million in multi-year customer awards earlier this year.
The share price of Centuri Holdings, Inc. (NYSE:CTRI) has gained almost 23% over the last month.
Hedge Fund Resource Center