Why These Energy Stocks are Gaining This Week

7. Centuri Holdings, Inc. (NYSE:CTRI)

Share Price Gains Between Dec. 5 and Dec. 12: 3.91%

Centuri Holdings, Inc. (NYSE:CTRI) is a strategic infrastructure services company that partners with regulated utilities and energy providers to build and maintain the energy network that powers millions of homes and businesses across the US and Canada.

Centuri Holdings, Inc. (NYSE:CTRI) hit a 52-week high on December 11 when the company announced that it had secured new customer awards worth $500 million, taking its YTD bookings to around $4.3 billion. These contracts, 84% of which are for new work and the rest for renewals, utilize the company’s core electric and gas capabilities for utility and telecommunication clients in both Canada and the United States.

Christian Brown, President and CEO at Centuri Holdings, Inc. (NYSE:CTRI), stated:

“These awards underscore the growth in our end markets and the confidence our customers place in us to deliver complex projects safely, on schedule, and in coordination with multiple stakeholders. Our ongoing focus on strong project delivery and capital discipline, coupled with a diverse pipeline of future opportunities, position us well as we head into the new year with more than 90% of our 2026 plan under contract. We are committed to delivering high-quality solutions that advance critical power infrastructure while simultaneously executing for our shareholders.”

Separately, on December 4, Wells Fargo reiterated its ‘Buy’ rating on Centuri Holdings, Inc. (NYSE:CTRI) and set a $25 price target.