Why These Energy Stocks are Gaining This Week

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1. New Fortress Energy Inc. (NASDAQ:NFE)

Share Price Gains Between June 26 – July 3: 72.27%

Topping our list of Energy Stocks that Gained the Most This Week is New Fortress Energy Inc. (NASDAQ:NFE), a company that 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) skyrocketed this week following reports that the company has secured a long-term contract to supply LNG to five power plants in Puerto Rico. NFE’s strategic partnership with Crowley focuses on supplying fuel for the San Juan and Palo Seco plants for a period of 15 years, with potential expansion to the Aguirre plant and Cambalache station if proposed natural gas conversions are implemented. The long-term nature of the deal provides New Fortress with a stable revenue stream for the next decade and a half, reinforcing investor confidence.

Moreover, it was recently revealed that New Fortress Energy Inc. (NASDAQ:NFE) is working on an innovative debt strategy to enhance the company’s liquidity and mitigate any risks of delisting.

Despite this massive rally, New Fortress Energy Inc. (NASDAQ:NFE) has slumped by almost 75% since the beginning of 2025.

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

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