In this article, we are going to discuss the energy stocks that are gaining this week.
The energy sector has lagged behind the overall market this year, driven primarily by the sharp decline in global crude oil prices. However, oil prices witnessed a slight rebound this week on the back of rising tensions in Yemen and potential supply disruptions in the Middle East. Moreover, the efforts for the Russia-Ukraine peace deal also received a blow after the Kremlin accused Kyiv of launching a drone attack on President Putin’s residence in northern Russia, pushing Moscow to review its position in the peace talks.
As a result, the S&P energy index surged by almost 1% between December 22 and December 29, against gains of 0.4% by the S&P 500 during the period.
The sector also received support from a rebound in natural gas prices this week, as forecasts of a colder winter in the US are expected to increase demand for the fuel for heating.
Our Methodology
To collect data for this article, we used several stock screeners to identify energy stocks that surged the most between December 22 and December 29, 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.
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8. Woodside Energy Group Ltd (NYSE:WDS)
Share Price Gains Between Dec. 22 and Dec. 29: 1.9%
Founded in Australia, Woodside Energy Group Ltd (NYSE:WDS) is a global energy company with a portfolio that includes quality oil and gas assets and interests in Australia, the Gulf of Mexico, Trinidad and Tobago, Senegal, Timor-Leste, Canada, and Barbados.
Woodside Energy Group Ltd (NYSE:WDS) announced on December 29 that it had signed an agreement to supply the Turkish state-owned petroleum company BOTAS with around 5.8 billion cubic meters of LNG for up to nine years. Deliveries are set to begin in 2030. Under the agreement, the LNG will be sourced primarily from Woodside’s under-construction Louisiana LNG complex, which is expected to deliver its first gas in 2029.
Mark Abbotsford, Executive Vice President and Chief Commercial Officer of Woodside Energy Group Ltd (NYSE:WDS), commented:
“This supply agreement with BOTAŞ represents a strategic milestone for Woodside given it is our first long-term LNG supply arrangement with the Turkish market. It is yet another demonstration of the strength and flexibility of Woodside’s diversified portfolio and ability to deliver on our global ambitions.”
Separately, on December 29, Woodside Energy Group Ltd (NYSE:WDS) announced that its Beaumont New Ammonia facility in Texas had produced its first ammonia following completion of systems testing, keeping the project on track for a commercial start early next year. The plant has a production capacity of 1.1 million metric tons per year and could potentially double the US ammonia exports when fully operational.
7. North American Construction Group Ltd. (NYSE:NOA)
Share Price Gains Between Dec. 22 and Dec. 29: 2.02%
North American Construction Group Ltd. (NYSE:NOA) provides a wide range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily within the Canadian oil sands.
North American Construction Group Ltd. (NYSE:NOA) received a boost on December 18 when the company announced that it had acquired Iron Mine Contracting (IMC), a Western Australian diversified mining services contractor. Valued at approximately C$115 million, the deal is aimed at bolstering NACG’s presence in the Australian mining services, increasing its incremental EPS by approximately 20% in 2026.
Joe Lambert, President and CEO of North American Construction Group Ltd. (NYSE:NOA), stated:
“IMC represents a natural and strategic extension of our business into the Western Australian market. The IMC team has built a high-quality business with strong margins sharing NACG’s core culture of operational and safety excellence. This acquisition provides a great foundation to fast track our Western Australia growth strategy which is considered a global powerhouse for base metals, precious metals and critical & rare earth minerals. Combined with the MacKellar Group, we are now an Australian Tier 1 contractor capable of executing complex scopes across the entirety of Australia. IMC is a well-run business in a great market presenting a clear opportunity for low-capital growth by leveraging our underutilized Canadian assets and our highly skilled in-house maintenance team experienced in major component and whole machine rebuilds.”
The share price of North American Construction Group Ltd. (NYSE:NOA) has fallen by almost 35% since the beginning of 2025.
6. Nabors Industries Ltd. (NYSE:NBR)
Share Price Gains Between Dec. 22 and Dec. 29: 2.74%
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) received a major lift on December 18 when Piper Sandler double upgraded the stock from ‘Underweight’ to ‘Overweight’, while also more than doubling its price target from $32 to $65. The revised target indicates an upside potential of almost 22% from the current share price. Piper Sandler views Nabors as a major beneficiary of the resumption of work in Saudi Arabia, thanks to its SANAD land drilling JV.
It is worth noting that Nabors’ SANAD JV in Saudi Arabia received a notice last month requesting that two rigs, for which work had been temporarily suspended, resume operations. The rigs are expected to return to service in March and June of next year, respectively.
Earlier on December 17, Barclays analyst Eddie Kim also raised the firm’s price target on Nabors Industries Ltd. (NYSE:NBR) from $45 to $50, but maintained its ‘Underweight’ rating.
5. Diversified Energy Company (NYSE:DEC)
Share Price Gains Between Dec. 22 and Dec. 29: 2.93%
Diversified Energy Company (NYSE:DEC) responsibly produces, transports, and markets primarily natural gas and natural gas liquids from existing assets in the United States.
Diversified Energy Company (NYSE:DEC) revealed on December 29 that it had repurchased 54,459 shares of its common stock at a volume-weighted average price of $14.2973 per share under its buyback program announced in March 2025. The company plans to cancel the acquired shares, effectively reducing its outstanding share count to 79,073,148, with no treasury stock. The reduction is set to marginally enhance DEC’s earnings per share and help improve investor confidence.
Diversified Energy Company (NYSE:DEC) also received a lift from the recent rebound in natural gas prices, as forecasts of a colder winter are expected to increase the commodity’s demand for heating.
Despite recent gains, the share price of Diversified Energy Company (NYSE:DEC) has declined by over 14% since the beginning of 2025.
4. Prairie Operating Co. (NASDAQ:PROP)
Share Price Gains Between Dec. 22 and Dec. 29: 4.09%
Prairie Operating Co. (NASDAQ:PROP) is an independent energy company engaged in the development and acquisition of proven, producing oil and natural gas resources in the United States.
Prairie Operating Co. (NASDAQ:PROP) shot up recently after an SEC filing revealed that Narrogal Nominees Pty Ltd ATF Gregory K O’Neill Family Trust invested just under $141,000 in the company by purchasing its stock in two separate transactions. The investor bought 33,825 shares of the company on December 19 and 50,000 shares again on December 24, both at $1.68 per share. Following the purchases, the O’Neill Family Trust now owns 15,220,622 shares of PROP’s common stock.
The investment reflected the confidence that a major shareholder has in the future of Prairie Operating Co. (NASDAQ:PROP), leading to increased buying from investors.
3. Ecopetrol S.A. (NYSE:EC)
Share Price Gains Between Dec. 22 and Dec. 29: 5.81%
With a workforce of over 18,000, Ecopetrol S.A. (NYSE:EC) is among the largest companies in Colombia and one of the leading integrated energy groups on the American continent.
Ecopetrol S.A. (NYSE:EC) reported on December 24 that Colombia’s National Hydrocarbons Agency has formalized the transfer of a 50% stake of Shell EP Offshore Venture in favor of the Colombian company. Moreover, Ecopetrol has been granted the operatorship in the E&P Contracts COL 5, Purple Angel, and Fuerte Sur, situated in the Caribbean Offshore. As a result, the energy giant now has full ownership of the rights, interests, and obligations of the aforementioned blocks.
Shell decided to withdraw from its offshore assets in the region in April 2025, as part of the company’s global portfolio strategy and management. Now that Ecopetrol S.A. (NYSE:EC) has assumed full control, it plans to continue the development of existing gas discoveries in these areas, including Kronos-1, Purple Angel, Gorgon-1, Gorgon-2 ST2, and Glaucus-1. The company will also assess whether to maintain its 100% ownership of these assets or bring in a new partner that could contribute technical and financial support.
2. Kolibri Global Energy Inc. (NASDAQ:KGEI)
Share Price Gains Between Dec. 22 and Dec. 29: 8.38%
Kolibri Global Energy Inc. (NASDAQ:KGEI) is an international energy company focused on finding and exploiting energy projects across oil, gas, and clean and sustainable energy.
Kolibri Global Energy Inc. (NASDAQ:KGEI) provided an operational update on its Tishomingo field in Oklahoma on December 22. The company reported that the field is currently producing over 6,000 barrels of oil equivalent per day (boepd), following the addition of the new Barnes and Velin wells.
According to the report, the two Barnes wells, in which Kolibri Global Energy Inc. (NASDAQ:KGEI) owns a 100% interest, are each producing approximately 465 boepd, with almost 85% of that production being oil. Moreover, the company believes that one of these wells is not yet fully contributing to production. Meanwhile, the two Velin wells, in which the company boasts a 97% interest, are witnessing lower-than-expected early production rates of approximately 200 boepd, with 72.5% of it being oil. The company is currently installing tubing in these wells to help with the fracture fluid flowback, which should improve flow rates. Lastly, Kolibri reported that its Lovina wells have been performing well and exhibit strong economics, despite the lower crude oil prices.
Wolf Regener, President and CEO of Kolibri Global Energy Inc. (NASDAQ:KGEI), stated:
“Overall, I’m very pleased with how well the field continues to perform, with current production over 6,000 BOEPD. It is great to see the high oil percentage of our recent wells, which is helping to improve the Company’s netbacks. The early production profile of the Lovina wells was different than many of our previous wells, and we are glad to see them achieving the lower decline rates predicted by our team, resulting in the strong forecasted IRRs. The early production data from the Barnes wells is very similar, including the high oil percentages, so we are hopeful that those wells will have similar results.”
1. Sable Offshore Corp. (NYSE:SOC)
Share Price Gains Between Dec. 22 and Dec. 29: 14.87%
Topping our list of Energy Stocks that Gained the Most This Week is Sable Offshore Corp. (NYSE:SOC), an independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California.
After hitting a roadblock with California state authorities, Sable Offshore Corp. (NYSE:SOC) has been seeking federal approval to restart its controversial oil and gas pipeline near Santa Barbara. The company received positive news earlier this month when the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) approved its request to shift the pipeline from state to federal oversight, potentially overriding local opposition to the project. Sable announced on December 23 that the pipeline regulator has now further cleared the company’s way by approving its restart plan for portions of the Las Flores Pipeline System.
That said, Sable Offshore Corp. (NYSE:SOC) continues to face resistance from California residents and environmental groups, as the pipeline it aims to restart caused a disaster a decade ago when it leaked 3,000 barrels of crude along the Santa Barbara coastline. The company also received a blow on December 26, when the Environmental Defense Center and the Center for Biological Diversity filed an emergency lawsuit seeking to block the federal government’s approval.
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