Why These Energy Stocks are Gaining This Week

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1. Oklo Inc. (NYSE:OKLO)

Share Price Gains Between Dec. 30 – Jan. 6: 33.48%

Topping our list of Energy Stocks that Gained This Week is Oklo Inc. (NYSE:OKLO). Backed by OpenAI’s Sam Altman, the company develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.

Oklo Inc. (NYSE:OKLO) was among the small modular reactor (SMR) stocks that popped on January 5 following reports that the US House of Representatives’ Energy subcommittee would officially begin the review of the current status of the nuclear sector in the United States. The subcommittee will hold hearings on how best to support the deployment of nuclear power plants, with the expectation that new implementing regulations may be issued to advance several executive orders President Trump issued last year to reduce red tape and increase the country’s nuclear energy capacity.

Full committee Chair Brett Guthrie (R-Ky.) and Energy Subcommittee Chair Bob Latta (R-Ohio) stated:

This hearing will offer a chance to discuss the current state of our nuclear industry, addressing the licensing and deployment of nuclear power while examining how the implementation of recent laws and policies can support the industry’s growth — growth that will be vital to meeting our energy and security needs.

Oklo Inc. (NYSE:OKLO) garnered significant investor attention last year, driven in particular by multiple contracts the company won from the Department of Energy. As a result, the stock posted impressive gains of 238% in 2025.

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

READ NEXT: 10 Best Natural Gas Stocks to Buy Right Now and 11 Best Performing Energy Stocks in 2025.

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