Why These Energy Stocks Are Gaining This Week

In this article, we are going to discuss the energy stocks that are gaining this week.

The energy sector witnessed significant volatility this week with the sharp surge in the global price of crude oil, with the West Texas Intermediate crude price gaining almost 18% over the last week at the time of writing this piece. The most significant jump came on the night of June 12, 2025, after Israel launched airstrikes against Iran, dramatically escalating tensions in the Middle East and raising serious concerns about disruptions in global oil supplies. The gains were the largest intraday moves for the contract since 2022 following Russia’s invasion of Ukraine, causing energy prices to spike.

If the situation spirals out of control, Iran could disrupt supplies of millions of barrels of oil a day if it targets infrastructure or shipping in the oil-rich region. The retaliatory move will also deal a significant blow to President Trump’s efforts to slash oil prices and keep inflation in check.

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 June 5 and June 12, 2025. The 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. Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Share Price Gains Between June 5 – June 12: 14%

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) received a boost after the company revealed in its recent investor presentation that it expects stronger adjusted free cash flow in the second half of 2025, with a flexible capital expenditure budget. Moreover, the company has a target to return at least 50% of this adjusted free cash flow to shareholders, supported by a strong capital structure with no senior note maturities until 2028.

It was also reported last week that analysts at RBC Capital have maintained their ‘Outperform’ rating on Patterson-UTI Energy, Inc. (NASDAQ:PTEN), while reiterating a price target of $9.5.

9. PBF Energy Inc. (NYSE:PBF)

Share Price Gains Between June 5 – June 12: 15.02%

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) shot up this week after analysts at Wells Fargo raised the firm’s price target from $18 to $21, while maintaining an ‘Equal Weight’ rating. Given seasonality and persistently narrow crude differentials, Wells Fargo continues to favor the large refiners over the smaller ones.

Moreover, it was reported last week that UBS analysts have maintained their ‘Buy’ rating on PBF Energy Inc. (NYSE:PBF), while reiterating a price target of $26.

8. Centrus Energy Corp. (NYSEAMERICAN:LEU)

Share Price Gains Between June 5 – June 12: 16.21%

Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear energy industry.

Centrus Energy Corp. (NYSEAMERICAN:LEU) continues to surge and closed at its 5-year high this week after its business partner, Oklo, secured an important new government contract to supply nuclear energy to the Eielson Air Force base in Alaska. Since Centrus has a memorandum of understanding (MoU) with Oklo to supply the latter with high-assay low-enriched uranium (HALEU), the Eielson project is sure to also include Centrus, providing it with years of steady and reliable business.

Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost recently after analysts at BofA initiated coverage of the stock with a ‘Buy’ rating and a price target of $160.

Thanks to America’s reinvigorated interest in nuclear energy, Centrus Energy Corp. (NYSEAMERICAN:LEU) has gained almost 114% since the beginning of the year.

7. Venture Global, Inc. (NYSE:VG)

Share Price Gains Between June 5 – June 12: 18.43%

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) continues to jump after the company recently reported that it has initiated full mobilization and started site work at its third LNG export facility, CP2 LNG. The 28 million metric tons per annum (mtpa) project is expected to generate 10,500 jobs and pay $4 billion in local property taxes during its operation.

The facility is expected to kick off commercial operations in 2027, potentially turning Venture Global, Inc. (NYSE:VG) into the largest LNG exporter in the United States and the second-largest in the world.

It was also reported this week that the analysts at UBS have downgraded their rating for Venture Global, Inc. (NYSE:VG) from ‘Buy’ to ‘Neutral’, with a price target of $18. The downgrade comes as a result of the stock’s limited upside potential, since VG has already surged by more than 100% over the last two months.

6. Kosmos Energy Ltd. (NYSE:KOS)

Share Price Gains Between June 5 – June 12: 18.75%

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.

Kosmos Energy Ltd. (NYSE:KOS) received a boost last week after it was revealed that the company has signed an initial agreement with its partners, including Tullow Oil and authorities in Ghana, to extend the licenses covering the West African country’s Jubilee and Tweneboa-Enyenra-Ntomme (TEN) fields.

The MoU outlines a comprehensive plan that includes the approval to drill up to 20 additional wells at Jubilee with an approximate $2 billion worth of local investment. The deal also includes commitments to increase gas supply to around 130 million standard cubic feet per day, a reduced price for associated gas at Jubilee, and a reimbursement mechanism covering gas sales.

5. NGL Energy Partners LP (NYSE:NGL)

Share Price Gains Between June 5 – June 12: 19.56%

Next on our list of Stocks that Gained the Most This Week is NGL Energy Partners LP (NYSE:NGL), 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) continues to gain after posting strong results for its FY 2025 recently, reporting an income from continuing operations of $65 million against a loss from continuing operations of $157.7 million for FY 2024. The company’s adjusted EBITDA of $622.9 million was up 5% YoY and exceeded its previous guidance of $620 million. The primary reason behind the uptick was the strong performance by NGL’s Water Solutions segment, which posted a 6.6% increase in adjusted EBITDA over the prior year.

Additionally, NGL Energy Partners LP (NYSE:NGL) recently pocketed $270 million with the sale of 18 natural gas liquids terminals and other non-core assets, helping the company optimize its portfolio, reduce debt, and strengthen its balance sheet.

4. Borr Drilling Limited (NYSE:BORR)

Share Price Gains Between June 5 – June 12: 20.99%

Borr Drilling Limited (NYSE:BORR) is a premier offshore shallow-water drilling contractor dedicated to providing exceptional drilling services to the global oil and gas industry.

Borr Drilling Limited (NYSE:BORR) continues to shoot despite posting disappointing results for its Q1 2025 last month, primarily due to reduced drilling activity. The company reported a 17.6% decrease in revenue compared to Q4 2024, while its net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the previous quarter.

However, on the plus side, Borr Drilling Limited (NYSE:BORR) reported that it was awarded nine new contract commitments during Q1, representing approximately 1,550 days and $221 million of potential contract revenue. Additionally, the company’s operating rig count has now increased to 22, laying the foundation for stronger financial performance in the quarters ahead.

Another catalyst supporting Borr Drilling Limited (NYSE:BORR) could be the sharp uptick in the global crude oil price, which has surged by almost 18% over the last week at the time of writing this piece.

3. W&T Offshore, Inc. (NYSE:WTI)

Share Price Gains Between June 5 – June 12: 21.25%

W&T Offshore, Inc. (NYSE:WTI) is an independent oil and natural gas producer, active in the exploration, development, and acquisition of oil and natural gas in the Gulf of America.

W&T Offshore, Inc. (NYSE:WTI) remains a solid company due to its operational resilience and prudent asset management. Moreover, the company maintains a healthy balance sheet with a cash level of $106 million, enough to sustain its operations and dividend payments. The stock has also benefited from the sharp surge in the price of crude oil, which has increased by almost 18% over the last week at the time of writing this piece.

Moreover, it was announced this week that W&T Offshore, Inc. (NYSE:WTI) has appointed Mr. John D. Buchanan as Presiding Director for 2025. The industry veteran boasts over 30 years of experience as a seasoned oil and gas, commercial and banking attorney, in addition to his prior service as a military officer.

2. Oklo Inc. (NYSE:OKLO)

Share Price Gains Between June 5 – June 12: 36.73%

Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.

Oklo Inc. (NYSE:OKLO) jumped to an all-time high this week after the company was selected by the government to supply nuclear energy to Eielson Air Force Base in Alaska. The project would see Oklo design, build, and operate an energy-generating facility to supply power and steam heating to the base, under a long-term agreement.

Moreover, to help improve its liquidity, Oklo Inc. (NYSE:OKLO) announced this week that it is seeking to raise as much as $400 million in a secondary share offering, with the transaction expected to close on June 16, 2025. The nuclear energy startup has names like Goldman Sachs and BofA leading the offering, along with Citigroup and JPMorgan.

Thanks to Sam Altman’s support and the White House’s renewed interest in the nuclear energy sector, the share price of Oklo Inc. (NYSE:OKLO) has surged by a staggering 532% over the last year.

1. Brooge Energy Limited (NASDAQ:BROG)

Share Price Gains Between June 5 – June 12: 40.53%

Topping our list of Energy Stocks that are Gaining This Week is Brooge Energy Limited (NASDAQ:BROG), the parent company of Brooge Petroleum and Gas Investment Company FZE, which operates as a midstream oil storage and service provider out of the Emirate of Fujairah in the United Arab Emirates.

Brooge Energy Limited (NASDAQ:BROG) rebounded this week after crashing by over 52% the week before, following the announcement that the company will voluntarily delist from NASDAQ by mid-June, with no intentions to list its shares on any other securities exchange. Brooge expects the last day of the quotation of its shares on NASDAQ to be on or around June 19, 2025.

Brooge Energy Limited (NASDAQ:BROG) has taken this decision after considering several factors, including the absence of an active trading market for the company’s securities, the resources and expenses associated with maintaining SEC and Nasdaq reporting requirements, and the regulatory burdens that have led to significant operating expenses and management focus.

While we acknowledge the potential of BROG 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 BROG and that has 100x upside potential, check out our report about this cheapest AI stock.

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