Why These Energy Stocks are Gaining This Week

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

Despite lagging behind so far this year, the overall energy sector managed to outperform the wider market this week with gains of 3.52%. The primary reason behind this uptick is the continued recovery in the global crude oil price over the last few weeks, with the WTI crude ending the week at $68.45 per barrel – up 6.3% since June 24, 2025.

According to reports, crude oil prices have edged up on forecasts for less US oil production, renewed Houthi attacks on shipping in the Red Sea, worries about US tariffs on copper, and technical short covering. However, despite the recent uptick, analysts expect crude oil to remain below $70 per barrel for the rest of the year, primarily due to global oversupply and the continued uncertainties regarding demand.

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 July 7 and July 11, 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.

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. Hess Corporation (NYSE:HES) 

Share Price Gains Between July 7 – July 11: 6.91%

Hess Corporation (NYSE:HES) is a leader in deepwater development and production, with top-quartile performance in offshore drilling and project delivery.

Hess Corporation (NYSE:HES) received a boost this week after the analysts at Scotiabank adjusted the stock’s price target from $146.58 to $155, while maintaining a ‘Sector Perform’ rating on its shares. The adjustment comes as Scotiabank is updating its price targets of the U.S. Integrated Oil, Refining, and Large Cap E&P stocks under its coverage.

Moreover, it was also reported this week that Chevron is preparing to close its $53 billion acquisition of Hess Corporation (NYSE:HES), even as the two still await the decision of the arbitration court on the dispute filed by Exxon and China’s CNOOC – Hess’ partners in Guyana.

9. Nabors Industries Ltd. (NYSE:NBR)

Share Price Gains Between July 7 – July 11: 7.43%

With operations in approximately 20 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry.

Nabors Industries Ltd. (NYSE:NBR) continues to surge after Susquehanna analyst Charles Minervino raised the company’s price target to $32 from $29, while maintaining a ‘Neutral’ rating on its shares.

It’s worth noting that Nabors Industries Ltd. (NYSE:NBR) posted strong results for its Q1 2025, beating estimates in both earnings and revenue. The firm also completed the acquisition of Parker Wellbore in March this year, expanding its market presence and service offerings across key global regions.

Despite the recent uptick, the share price of Nabors Industries Ltd. (NYSE:NBR) has fallen by over 43% since the beginning of the year.