In this article, we are going to discuss the energy stocks that are gaining this week.
The US energy sector came to a halt as an Arctic blast with frigid temperatures swept across the country this week, leading to a significant fall in the country’s oil and gas production. According to Energy Aspects, U.S. oil producers lost up to 2 million barrels per day, or up to 15% of the country’s output, over the last weekend, with the prolific Permian Basin likely accounting for the majority of the decline.
Meanwhile, according to Rystad Energy, the country’s peak natural gas production losses are also estimated at around 20 bcfd due to the storm. As a result, the average gas output in the Lower 48 states declined to 106.9 bcfd as of January 27, down from a monthly record high of 109.7 bcfd last month.
The supply disruptions helped the recent rebound in crude oil prices, with WTI crude oil futures now hovering just under the $66 per barrel mark, driven also by a rising geopolitical risk premium. The heightened tensions between Washington and Tehran have sparked concerns of a potential blockade in the Strait of Hormuz, which handles around 20 million barrels per day of supply.
Moreover, according to a Reuters report, the market expects OPEC+ to maintain its pause on oil output increases for March when it meets on Sunday, providing further support to prices.
Our Methodology
To collect data for this article, we used stock screeners to identify energy stocks that experienced the largest increases between January 22 and January 29, 2026. The following are the Energy Stocks that Gained the Most This Week. The stocks are ranked in ascending order of share price gains during this period.
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10. Bloom Energy Corporation (NYSE:BE)
Share Price Gains Between Jan. 22 – Jan. 29: 7.47%
Bloom Energy Corporation (NYSE:BE) designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. Bloom’s Energy Server generates power onsite, converting fuels such as natural gas, biogas, and hydrogen into electricity without combustion.
On January 28, China Renaissance initiated coverage of Bloom Energy Corporation (NYSE:BE) with a ‘Buy’ rating and a price target of $207, indicating an upside of over 32% from current levels. On the same day, Barclays also initiated coverage of BE with an ‘Equal Weight’ rating and a price target of $153. The firm believes that Bloom is well-positioned to benefit from rising on-site power demand and strong hyperscaler momentum. However, the analyst noted that the stock’s valuation already prices in a ‘meaningful scale-up toward’.
Bloom Energy Corporation (NYSE:BE) also received a boost on January 27 when Baird raised its price target on the stock from $157 to $172, while maintaining an ‘Outperform’ rating on the shares. The revised target comes as the firm updated its model after it previewed Q4 results, where it expects the energy provider to achieve consensus but post conservative guidance.
9. Cameco Corporation (NYSE:CCJ)
Share Price Gains Between Jan. 22 – Jan. 29: 9.68%
Cameco Corporation (NYSE:CCJ) is one of the largest global providers of uranium fuel to power the ongoing nuclear energy renaissance.
Cameco Corporation (NYSE:CCJ) continued its rally and hit an all-time high on January 28 after a rapid surge in the price of the nuclear fuel. Uranium futures in the US are currently hovering at over $101 per pound, the highest since February 2024, on bets of high demand in the long term.
Uranium has been in the spotlight since last year after the Trump administration announced plans to significantly raise America’s nuclear energy capacity and cut regulations for the construction of new nuclear power plants. Moreover, the authorities announced funding for local suppliers and enrichers of uranium to ensure the country’s energy security and reduce reliance on imports from Russia.
Following the recent uptick, the share price of Cameco Corporation (NYSE:CCJ) has gained nearly 166% over the last year.
