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.
8. Energy Fuels Inc. (NYSEAMERICAN:UUUU)
Share Price Gains Between May 29 – June 5: 10.93%
Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes.
Investors reacted positively this week after Energy Fuels Inc. (NYSEAMERICAN:UUUU) disclosed that it had achieved record monthly uranium production at its Pinyon Plain mine in Arizona, with May’s output reaching nearly 260,000 pounds of U3O8. Moreover, the company filed an updated technical report on its Bullfrog project in Utah, significantly increasing previously reported in-ground uranium resources.
These developments are especially significant given a recent executive order by President Trump to reinvigorate the American nuclear sector and quadruple the country’s nuclear energy capacity. The order also calls for an increase in domestic mining and enrichment of uranium, and a reduction in reliance on imports from Russia and China.
7. Array Technologies, Inc. (NASDAQ:ARRY)
Share Price Gains Between May 29 – June 5: 11.78%
Array Technologies, Inc. (NASDAQ:ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites.
Array Technologies, Inc. (NASDAQ:ARRY) fell by over 20% last month after investors reacted negatively to President Trump’s sweeping tax and spending bill advancing through the House of Representatives, which may result in the termination of numerous subsidies that have supported the renewable energy sector. The bill is expected to have devastating consequences for the booming solar industry, which relies heavily on such credits. So ARRY’s recent rebound could be due to investors flocking in to purchase the stock at a lower, more attractive price.
Moreover, it must be mentioned that Array Technologies, Inc. (NASDAQ:ARRY) posted strong results in its Q1 2025 last month, beating forecasts in both revenue and earnings. Moreover, the company achieved the second-largest quarter of volume shipped since 2023 and maintained its guidance for full year 2025.
6. New Fortress Energy Inc. (NASDAQ:NFE)
Share Price Gains Between May 29 – June 5: 12.08%
New Fortress Energy Inc. (NASDAQ:NFE) owns and operates natural gas and LNG infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets.
New Fortress Energy Inc. (NASDAQ:NFE) crashed by over 60% last month after posting disappointing results for its Q1 2025, struggling with weak performance across all its segments. The company fell significantly below forecasts in both revenue and earnings, and even recently got disqualified from an auction held by the Puerto Rican government to secure temporary power generation. So the recent uptick in share price could be due to investors perceiving the stock as undervalued and picking it up at a lower, more attractive price.
5. NGL Energy Partners LP (NYSE:NGL)
Share Price Gains Between May 29 – June 5: 12.73%
NGL Energy Partners LP (NYSE:NGL) is a diversified midstream MLP that provides multiple services to producers and end-users, including transportation, storage, blending, and marketing of crude oil, NGLs, refined products/renewables, and water solutions.
NGL Energy Partners LP (NYSE:NGL) received a boost after posting strong results for its Q4 2025 last week, highlighting strong performance in its Water Solutions segment and successful asset sales that have led to significant debt reduction. The company reported an income from continuing operations of $65 million for FY 2025, compared to a loss from continuing operations of $157.7 million the previous year. NGL’s adjusted EBITDA for FY 2025 came in at $622.9 million, surpassing its previous guidance of $620 million.
NGL Energy Partners LP (NYSE:NGL) recently executed the sale of 18 natural gas liquids terminals and monetized several other non-core assets, helping the company optimize its asset portfolio and strengthen its balance sheet.
4. Sitio Royalties Corp. (NYSE:STR)
Share Price Gains Between May 29 – June 5: 13.29%
Sitio Royalties Corp. (NYSE:STR) focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
Sitio Royalties Corp. (NYSE:STR) received a boost this week after it was announced that the company is set to be acquired by Viper Energy, a subsidiary of Diamondback Energy. The all-equity deal is valued at around $4.1 billion, including Sitio’s net debt of approximately $1.1 billion as of March 31, 2025. The transaction is subject to customary regulatory approvals and is expected to close in the third quarter of this year.
Chris Conoscenti, CEO of Sitio Royalties Corp. (NYSE:STR), stated:
“We are excited to announce the combination of two leading minerals companies with a shared strategic vision of integrating the highest quality assets to create a truly differentiated investment opportunity for shareholders.
This transaction provides Sitio’s shareholders with exposure to an entity with significantly greater size, future development visibility, and all of the benefits of the economies of scale unique to the minerals business – higher margins, lower cost of capital, strong positioning for future M&A opportunities, and the ability to return more capital to shareholders.”
3. Amplify Energy Corp. (NYSE:AMPY)
Share Price Gains Between May 29 – June 5: 15.66%
Amplify Energy Corp. (NYSE:AMPY) is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties.
Amplify Energy Corp. (NYSE:AMPY) fell by over 16% last month after posting lower-than-expected results in its Q1 2025, falling below estimates in both earnings and revenue. The company posted a net loss of $5.9 million during the quarter, and its average daily production of 17.9 MBoe/d also declined by 3.2% QoQ. Additionally, Amplify reported a negative free cash flow of $7.2 million in Q1 2025, against generating $2.9 million in free cash flow in the previous quarter. So the recent uptick in prices could be due to investors perceiving the stock as undervalued and picking it up at a lower price. Moreover, the 3.8% surge in the WTI crude oil price over the last week also seems to have eased the pressure on AMPY.
2. Venture Global, Inc. (NYSE:VG)
Share Price Gains Between May 29 – June 5: 19.07%
Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. The company is currently the second-largest LNG exporter in the United States.
Venture Global, Inc. (NYSE:VG) continued to surge this week after it announced that it has kicked off site work at its CP2 LNG plant in Louisiana, marking a major milestone for the company. The 28 million metric tons per annum (mtpa) project is slated to bring new LNG supply to the global market beginning in 2027, potentially turning Venture Global into the largest LNG exporter in the United States and the second-largest in the world.
Mike Sabel, CEO of Venture Global, Inc. (NYSE:VG), stated:
“Venture Global applauds the Commission and FERC staff for their continued work to advance critical U.S. energy projects like CP2 LNG that support our allies abroad and thousands of jobs here at home. With all federal approvals now in hand we are excited to announce that we have launched on-site work for this Project, which is expected to deliver reliable low-cost LNG to the world starting in 2027. I am proud of our team and their relentless commitment to execution which has enabled our company’s historic achievements and rapid growth from a start-up to breaking ground on our third LNG export facility since 2019.”
1. Sunrun Inc. (NASDAQ:RUN)
Share Price Gains Between May 29 – June 5: 22.34%
Sunrun Inc. (NASDAQ:RUN) is America’s leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs.
Sunrun Inc. (NASDAQ:RUN) nosedived by over 46% in May after the House of Representatives narrowly passed President Trump’s ‘one big beautiful bill’, which ends the investment and electricity production credits for clean energy facilities. The bill is especially damaging for the rooftop solar industry as the credits for rooftop solar and battery storage would end this year, proving disastrous for companies like Sunrun Inc. (NASDAQ:RUN) that lease equipment to customers.
The attention now turns to the Senate, where the renewables industry is hoping that cooler heads will prevail and the House bill won’t fly. Even some Republican senators have made it clear that they want to change the deep cuts to the Inflation Reduction Act, restoring some degree of investor confidence in players like Sunrun Inc. (NASDAQ:RUN). The rebound could also be the result of investors perceiving the stock as undervalued and picking it up at a lower, more attractive price.
While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 10 Cheap Energy Stocks to Buy Now and 15 Best Large Cap Energy Stocks to Buy According to Hedge Funds
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
Hedge Fund Resource Center