In this article, we are going to discuss the energy stocks that are gaining this week.
Uranium stocks were among the biggest winners this week following an announcement that the U.S. Department of Energy has launched a new pilot program to accelerate the development of advanced nuclear reactors and strengthen domestic supply chains for nuclear fuel. The Fuel Line Pilot Program is seeking American companies to build and operate production facilities outside of national laboratories under the DOE authorization process.
The strategic initiative is aimed at reducing America’s reliance on imports of enriched uranium, especially given the current geopolitical landscape. It must be mentioned that nuclear energy has emerged as a leading candidate to power the ongoing AI boom and its data centers, given that it is relatively clean, reliable, and cost-effective.
Following the announcement, Energy Secretary Chris Wright stated:
“America has the resources and the expertise to lead the world in nuclear energy development, but we need secure domestic supply chains to fuel this rapidly growing energy source and achieve a true nuclear energy renaissance. The Trump Administration is accelerating innovation, not regulation, and leveraging partnerships with the private sector to safely fuel and test new reactor designs that will unleash more reliable and affordable energy for American consumers.”
The American energy sector also received a massive boost after President Trump recently announced an investment of more than $90 billion from private companies across tech, energy, and finance to turn Pennsylvania into a hub for artificial intelligence.
Nuclear and uranium stocks leading market rally
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 15 and July 22, 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. New Fortress Energy Inc. (NASDAQ:NFE)
Share Price Gains Between July 15 – July 22: 8.61%
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) surged last week following reports that the company has executed a 5-year agreement for the deployment of the Energos Winter, a 138,250 m3 FSRU, with the Egyptian Natural Gas Holding Company.
Chris Guinta, CFO of New Fortress Energy Inc. (NASDAQ:NFE), stated:
“We are pleased to reinforce our relationship with EGAS by way of our deployment of a second FSRU to Egypt. This deal enhances NFE’s goals of providing reliable and cost-effective energy across the globe”
This development builds on the long-term contract New Fortress Energy Inc. (NASDAQ:NFE) secured last month to supply LNG to five power plants in Puerto Rico, ensuring the company with a stable revenue stream for the next decade and a half and reinforcing investor confidence.
However, despite the recent uptick, New Fortress Energy Inc. (NASDAQ:NFE) has fallen by more than 70% since the beginning of 2025.
9. Denison Mines Corp. (NYSE:DNN)
Share Price Gains Between July 15 – July 22: 15.51%
Denison Mines Corp. (NYSE:DNN) is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.
Denison Mines Corp. (NYSE:DNN) shot up this week after the company announced that it had commenced uranium mining operations at the McClean North deposit using the patented SABRE mining method, together with Orano Canada as its joint venture partner. Denison owns a 22.5% interest in the JV, while Orano Canada owns 77.5%.
David Cates, President and CEO of Denison Mines Corp. (NYSE:DNN), stated:
“The successful commencement of SABRE mining at McClean North marks a significant milestone in the history of the MLJV, as the joint venture returns to active mining operations for the first time since 2008. Orano Canada is a world-class operator that has consistently demonstrated excellence in operation and innovation in Saskatchewan. We congratulate Orano on its leadership, long-term vision, and dedication to the development of the MLJV’s SABRE mining method and ultimately the commercialization of the technology through the deployment at McClean North.”