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 American nuclear energy sector was among the biggest winners this week after the US government signed a deal to invest over $80 billion to build nuclear reactors across the United States. The ambitious plan is a part of the Trump administration’s efforts to significantly expand the country’s nuclear energy capacity amid a record demand for electricity.

According to the latest figures from the Energy Information Administration, U.S. power demand is expected to rise to 4,191 billion kilowatt-hours in 2025 and 4,305 billion kWh in the next year, up from a record 4,097 billion kWh in 2024. A significant part of this increase is attributed to the ongoing AI boom and the proliferation of power-hungry data centers.

The multi-billion-dollar agreement marks a major demand catalyst for nuclear fuel, with uranium futures currently hovering at $82.4 per pound, up 12% from October 21 and testing the 15-month high of $83.5 touched last month.

Why These Energy Stocks are Gaining This Week

Nuclear and uranium stocks leading market rally

Our Methodology

To collect data for this article, we referred to several stock screeners to identify energy stocks that had surged the most between October 24 and October 31, 2025. The following list presents the energy stocks that gained the most this week. These stocks are ranked according to their share price gains during this period.

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10. Denison Mines Corp. (NYSEAMERICAN:DNN)

Share Price Gains Between Oct 24 – Oct 31: 12.81%

Denison Mines Corp. (NYSEAMERICAN:DNN) is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.

Denison Mines Corp. (NYSEAMERICAN:DNN) was among the nuclear energy stocks that soared this week following reports that the US government will spend at least $80 billion to build nuclear reactors across the country. The strategic move by the Trump administration, aimed at significantly expanding America’s nuclear energy output, is expected to drive an uptick in the demand for nuclear fuel and become an important growth catalyst for suppliers like DNN.

The news also gave a significant boost to global uranium prices, with uranium futures rising by over 12% since October 21.

9. Cactus, Inc. (NYSE:WHD)

Share Price Gains Between Oct 24 – Oct 31: 13.52%

Cactus, Inc. (NYSE:WHD) manufactures and services pressure control equipment for onshore and offshore oil and gas drilling, completion, and production.

Cactus, Inc. (NYSE:WHD) surged after it announced better-than-expected results for its third quarter on October 29. The company reported an adjusted EPS of $0.67 against expectations of $0.58. Its revenue of $264 million was also above estimates by almost $10 million, despite being down 10% YoY.

Moreover, Cactus, Inc. (NYSE:WHD) announced a quarterly cash dividend of $0.14 per share. The company also reiterated that it expects to close the acquisition of a majority interest in the Surface Pressure Control business of Baker Hughes early next year.

Cactus, Inc. (NYSE:WHD) received another boost on October 29 when BofA analyst Saurabh Pant upgraded the stock from ‘Underperform’ to ‘Neutral’, while raising its price target from $39 to $40.

8. BKV Corporation (NYSE:BKV

Share Price Gains Between Oct 24 – Oct 31: 15.35%

BKV Corporation (NYSE:BKV) produces and sells natural gas in the Barnett Shale in the Fort Worth Basin of Texas and in the Marcellus Shale in the Appalachian Basin of Northeast Pennsylvania.

BKV Corporation (NYSE:BKV) jumped on October 29 after the company announced plans to expand its ownership in the BKV-BPP Power joint venture from 50% to 75%, allowing the company to consolidate the JV’s financial results and enhance its strategic control and growth potential in the power business. The transaction is expected to close in the first quarter of 2026.

Moreover, on October 30, Mizuho raised its price target on BKV Corporation (NYSE:BKV) from $30 to $33, while maintaining an ‘Outperform’ rating on its shares. The analyst highlighted the energy firm’s proposed acquisition of an additional 25% interest in the BKV-BPP Power joint venture to increase its free cash flow. According to Mizuho, the strategic move puts BKV in the driver’s seat on the rapidly expanding American power business.

7. Cameco Corporation (NYSE:CCJ)

Share Price Gains Between Oct 24 – Oct 31: 15.98%

Cameco Corporation (NYSE: CCJ) is one of the largest global providers of uranium fuel for powering the ongoing nuclear energy renaissance.

Cameco Corporation (NYSE:CCJ) hit an all-time high this week after it announced a ‘transformational’ strategic partnership with the US government for the construction of at least $80 billion worth of new nuclear reactors across the United States using technology from Westinghouse Electric Company LLC. The deal is a part of the Trump administration’s efforts to significantly expand the country’s nuclear energy capacity, given that the American power demand is expected to surge to record levels amid the ongoing AI boom.

The deal is also expected to increase the American demand for uranium, causing suppliers like Cameco Corporation (NYSE:CCJ) to jump. Moreover, the announcement led to a sharp uptick in the prices of the nuclear fuel, with uranium futures gaining over 12% since October 21.

Known for its strong commitment to shareholders, Cameco Corporation (NYSE:CCJ) has never missed a dividend payment since its IPO in 1991 and was recently included in our list of the 12 Best Nuclear Power Dividend Stocks to Buy Now.

6. GeoPark Limited (NYSE:GPRK)

Share Price Gains Between Oct 24 – Oct 31: 18.97%

GeoPark Limited (NYSE:GPRK) operates as an oil and natural gas exploration and production company in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries.

GeoPark Limited (NYSE:GPRK) shot up this week after it rejected a proposal by Parex Resources to acquire the company in an all-cash deal at $9 per share. The energy firm’s board determined that the proposal ‘significantly undervalues GeoPark’ and fails to recognize its growth prospects and diversified portfolio. According to Geopark, the proposed deal failed to take into account the company’s projected 46% increase in production and approximately 70% increase in adjusted EBITDA by the end of FY 2028, as outlined in the strategic plan presented at the company’s Investor Day on October 21.

Following the rejection, Parex revealed that it acquired an 11.8% stake in GeoPark Limited (NYSE:GPRK), enabling it to potentially call a special shareholder meeting.

5. Uranium Royalty Corp. (NASDAQ:UROY)

Share Price Gains Between Oct 24 – Oct 31: 20.6%

Next on our list of Energy Stocks that Gained the Most This Week is Uranium Royalty Corp. (NASDAQ:UROY), a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests.

Uranium Royalty Corp. (NASDAQ:UROY) was among the nuclear stocks that received a significant boost after the US government announced a partnership with the Canadian owners of Westinghouse Electric to invest at least $80 billion to build nuclear reactors across the United States. The move is a part of President Trump’s efforts to increase the country’s nuclear energy capacity in the face of a record increase in power demand.

Since all these proposed nuclear reactors are also expected to expand the demand for uranium, the prices of the nuclear fuel have shot up by over 12% since October 21, causing players like UROY to soar.

Following the recent uptick, Uranium Royalty Corp. (NASDAQ:UROY) has gained almost 106% since the beginning of 2025.

4. Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Share Price Gains Between Oct 24 – Oct 31: 21.03%

Vista Energy, S.A.B. de C.V. (NYSE:VIST) is a leading independent operator, with its main assets in Vaca Muerta, the largest shale oil and shale gas play under development outside North America.

Vista Energy, S.A.B. de C.V. (NYSE:VIST) rallied after the company announced strong results for its third quarter on October 23, beating estimates in both profits and revenue. Moreover, VIST reported a significant 74% YoY increase in total production, reaching 126,752 barrels of oil equivalent per day (boe/d), driven primarily by the company’s operational success in the Bajada del Palo Oeste and La Amarga Chica fields.

Vista Energy, S.A.B. de C.V. (NYSE:VIST) also received a boost after Javier Milei’s party scored huge wins in the midterm legislative elections in Argentina, with voters expressing confidence in the President’s ability to push forward with his overhaul of the economy, including free market reforms and deep austerity measures. The country’s financial markets reacted positively to the news.

3. YPF Sociedad Anónima (NYSE:YPF)

Share Price Gains Between Oct 24 – Oct 31: 35.18%

YPF Sociedad Anónima (NYSE: YPF) is an energy company that engages in oil and gas upstream and downstream activities in Argentina.

YPF Sociedad Anónima (NYSE:YPF) is among the Argentinian stocks that soared after President Javier Milei’s La Libertad Avanza party secured a decisive victory in the midterm elections, a key requisite to keep economic overhaul on track and a US financial backstop in place. The country’s financial market reacted very positively to the news.

Moreover, YPF Sociedad Anónima (NYSE:YPF) received a boost on October 27 when a Bloomberg report revealed that XRG, the investment arm of Abu Dhabi National Oil Company, which focuses on low-carbon solutions, is in talks to invest in an LNG project being developed by the Argentine company. The state-run YPF is developing the floating terminal as part of its ambitions to tap into the growing global LNG market, and the company is already collaborating with Eni and Shell on the project, but final investment decisions haven’t been made.

2. Transportadora de Gas del Sur S.A. (NYSE:TGS

Share Price Gains Between Oct 24 – Oct 31: 38.48%

Transportadora de Gas del Sur S.A. (NYSE:TGS) engages in the transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally.

Transportadora de Gas del Sur S.A. (NYSE:TGS) skyrocketed after President Javier Milei saw a decisive victory in Argentina’s midterm elections last week, boosting his ability to push forward with his economic reforms. The win is also expected to help in the continuation of the $40 billion financial lifeline from the United States, since President Trump had threatened to pull the support if his populist ally performed poorly. Naturally, the Argentinian financial markets reacted positively to the news, with gains of over 44% between October 24 and October 31.

Transportadora de Gas del Sur S.A. (NYSE:TGS)’s surge reflects investor sentiments that President Milei’s pro-market mandate, combined with US credit lines, could help establish Argentina as a key supplier in the global energy market.

1. ProPetro Holding Corp. (NYSE:PUMP)

Share Price Gains Between Oct 24 – Oct 31: 64.5%

Topping our list of Energy Stocks that Gained the Most This Week is ProPetro Holding Corp. (NYSE:PUMP)—an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services.

ProPetro Holding Corp. (NYSE:PUMP) jumped to a 2-year high on October 29 when the company announced better-than-expected results for Q3 2025, topping forecasts in both earnings and revenue. Though the company’s revenue of around $294 million was down 10% QoQ, it still managed to significantly decrease its net loss to $2 million from $7 million in the prior quarter.

ProPetro Holding Corp. (NYSE:PUMP) also received a boost on October 27 when the company announced that its PROPWR energy division had signed a long-term contract to supply 60 MW of power to a leading hyperscaler data center in the Midwest. According to the company, the deal ‘establishes a commercial relationship and strategic alignment with one of the industry’s largest data infrastructure players’.

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

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