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 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.

Why These Energy Stocks are Gaining This Week

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.

8. GeoPark Limited (NYSE:GPRK)

Share Price Gains Between Jan. 22 – Jan. 29: 10.04%

GeoPark Limited (NYSE:GPRK) is a Latin American oil and gas explorer, operator, and consolidator with assets and growth platforms in Colombia, Argentina, and Brazil.

GeoPark Limited (NYSE:GPRK) announced on January 29 that it has signed a deal to acquire Frontera Energy’s oil and gas exploration and production assets in Colombia. The deal is valued at $375 million in cash and an additional $25 million payment contingent on the achievement of certain development milestones. According to Geopark, the transaction will materially enhance its scale, reserve base, and cash-flow generation, while also reinforcing its capacity to fund disciplined growth through the cycle.

GeoPark Limited (NYSE:GPRK) expects the acquisition to immediately add 147 million barrels of oil equivalent (mmboe) to its proven and probable (2P) reserves and 99 mmboe to its proven reserves. Moreover, it is expected to raise the company’s pro forma production to over 90,000 boepd and its EBITDA to approximately $950 million by 2028. This is effectively double from Geopark’s previously announced 2028 standalone outlook of 44,000–46,000 boepd and EBITDA of $490–520 million. Additionally, the combination is projected to deliver synergies reaching a recurring annual run-rate of $30-50 million by 2027.

Felipe Bayon, CEO of GeoPark Limited (NYSE:GPRK), commented:

“Today’s announcement marks an important milestone in GeoPark’s growth trajectory. After extensive discussions with Frontera Energy over the past year, we are pleased to have reached an agreement that adds Frontera’s Colombian assets to our portfolio, positioning GeoPark as the largest private operator in Colombia and creating a stronger and more resilient platform with greater scale, longer production plateaus and improved cash-flow durability, while continuing to fund our growth in Vaca Muerta. Beyond the financial and production metrics, this transaction enables a full-field development approach in assets such as Quifa and the broader Llanos portfolio, allowing us to extend plateau production, capture synergies and reinvest efficiently. This will support sustained production, reserves protection and increased investment activity that benefits the regions where we operate through jobs, royalties and taxes.”

7. Cenovus Energy Inc. (NYSE:CVE)

Share Price Gains Between Jan. 22 – Jan. 29: 10.63%

Cenovus Energy Inc. (NYSE:CVE) is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining, and marketing operations in Canada and the United States.

A Reuters report on January 21 revealed that Cenovus Energy Inc. (NYSE:CVE) is considering divesting its conventional oil and gas assets in the Deep Basin of Alberta, as the company looks to reduce debt following its C$8.5 billion acquisition of MEG Energy in November 2025. Cenovus has recently contacted potential buyers to gauge interest in the assets, which are expected to sell for approximately C$3 billion ($2.17 billion). However, the plans are not final yet, and the company may ultimately decide to retain the said assets.

The strategic move comes as Cenovus Energy Inc. (NYSE:CVE) sharpens its focus on its core oil sands business, especially after its takeover of MEG, which added the highly coveted Christina Lake project to its portfolio. Last month, the company also revealed plans to invest C$3.6 billion in its oil sands business this year, up from around C$2.8 billion allocated in the 2025 budget. Moreover, the divestment will allow Cenovus to strengthen its balance sheet after its net debt soared to around C$10.7 billion following the MEG acquisition. The company is aiming to bring its net debt down to C$4 billion over time.

Cenovus Energy Inc. (NYSE:CVE) was recently included in our list of the 10 Best Natural Gas Stocks to Buy Right Now.

6. Frontline plc (NYSE:FRO)

Share Price Gains Between Jan. 22 – Jan. 29: 11.85%

Frontline plc (NYSE: FRO) is a shipping company that owns and operates oil and product tankers worldwide.

Frontline plc (NYSE:FRO) received a lift on January 26 when the company announced that it had entered into 1-year time charter-out agreements for seven of its VLCCs. The charters will begin from late January to April 2026, at a rate of $76,900 per day per vessel. According to certain reports, the counterparty in the deal is believed to be South Korea’s Sinokor Maritime.

Lars H. Barstad, CEO of Frontline Management AS, stated:

We are in unprecedented times, and these are charter-out-levels not seen for decades. Frontline remains largely spot exposed after these contracts become effective, retaining upside in one of the most volatile markets in the world.

Kristoffer Barth Skeie, analyst at Arctic Securities, stated:

The rate is impressive and marks a new level in the time-charter market, coming in 7% above recent broker quotes. Consequently, Frontline has derisked a large part of its VLCC exposure at stellar levels, with time-charter coverage on the VLCC fleet climbing to 8% in first quarter of 2026, 24% in the second and third quarters, 23% in the fourth quarter and 15% in the first quarter of 2027, from only having one vessel on long-term charter prior to this.

Following the recent gains, Frontline plc (NYSE:FRO) has surged by more than 63% over the last year.

5. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Share Price Gains Between Jan. 22 – Jan. 29: 12.71%

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the largest oil and gas producers in the world. The Brazilian company is mainly dedicated to exploration and production, refining, energy generation, and marketing.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) surged to a 52-week high following a couple of positive developments this week. On January 29, the Brazilian state-run oil firm announced that its estimated proven oil, condensate, and natural gas reserves rose to 12.1 billion boe (84% oil) in 2025, up from 11.4 billion boe in the previous year. The surge occurred mainly due to the outstanding performance of the company’s assets, with emphasis on the Búzios, Tupi, Itapu, and Mero fields in the Santos Basin.

In other positive news, Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) revealed on January 28 that it has expanded and renewed its oil sales contracts with several Indian state-owned oil refiners, which will now remain in effect until March 2027. The contracts represent sales of up to 60 million barrels, with a total value that may exceed $3.1 billion.

4. Fluence Energy, Inc. (NASDAQ:FLNC

Share Price Gains Between Jan. 22 – Jan. 29: 15.77%

Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader in delivering intelligent energy storage and optimization software for renewables and storage.

On January 28, Roth Capital raised its price target on Fluence Energy, Inc. (NASDAQ:FLNC) from $17 to $26, while maintaining a ‘Neutral’ rating on the shares. The update precedes Fluence’s Q1 results, with the analyst expecting an update on progress on the company’s domestic manufacturing ramp, which contributed to delivery delays in Q4 2025. Roth also highlighted the company’s backlog, which was bolstered by strong order activity in Q4 and provides high revenue visibility in the ongoing year. While the demand remains favorable, Roth cautioned that Fluence has not yet announced a resolution to the FEOC-related constraints, which could impact its access to supplies from AESC.

Similarly, earlier on January 26, Morgan Stanley also nudged up its price target on Fluence Energy, Inc. (NASDAQ:FLNC) from $14 to $16, while keeping an ‘Equal Weight’ rating on the shares. The revision comes as the analyst firm expects data center leads and the pipeline to shoot beyond the 30 GWh level in the quarter.

3. Liberty Energy Inc. (NYSE:LBRT)

Share Price Gains Between Jan. 22 – Jan. 29: 17.81%

Liberty Energy Inc. (NYSE:LBRT) is a leading North American oilfield services firm with operations in major shale formations across the US and Canada.

Liberty Energy Inc. (NYSE:LBRT) shot up to an all-time high on January 29 when the company announced better-than-expected results for Q4 2025, beating estimates in both earnings and revenue. Liberty reported revenue of $4 billion for the full-year 2025, while its adjusted EBITDA stood at $634 million. The oilfield services firm returned $77 million to shareholders during the year through quarterly cash dividends and share repurchases. Earlier on January 20, Liberty Energy declared a cash dividend of $0.09 per share for all holders of record as of March 4, payable on March 18, 2026.

Investors reacted positively to Liberty Energy Inc. (NYSE:LBRT)’s upbeat outlook for the ballooning power demand, with the company announcing plans to deploy 3 GW of power by 2029. Previously, Liberty had revealed plans to build a total capacity of more than 1 GW by the end of 2027.

2. Gran Tierra Energy Inc. (NYSE:GTE)

Share Price Gains Between Jan. 22 – Jan. 29: 27.03%

Gran Tierra Energy Inc. (NYSE:GTE) is an independent international energy company focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador.

Gran Tierra Energy Inc. (NYSE:GTE) rallied to a 52-week high on January 29 when the company reported average production of 48,235 boepd for December 2025, the highest monthly production in the company’s history. Based on preliminary data, Gran Tierra estimates its total average production to be approximately 46,500 boepd for Q4 2025, and around 45,800 boepd for the full year.

Gran Tierra Energy Inc. (NYSE:GTE) achieved a daily production rate of 10,000 bopd in Ecuador during the fourth quarter and noted that all of its Ecuador exploration commitments had been finalized, highlighted by successful discoveries at Conejo in the Hollín and Basal Tena sands. The company also guided to $590–$610 million in revenue and $270–$290 million in adjusted EBITDA for the year ended December 31, 2025.

1. Battalion Oil Corporation (NYSE:BATL)

Share Price Gains Between Jan. 22 – Jan. 29: 309.02%

Topping our list of the Energy Stocks that Gained the Most This Week is Battalion Oil Corporation (NYSE:BATL), an independent energy company focused on the acquisition, production, exploration, and development of liquids-rich assets in the Delaware Basin.

Battalion Oil Corporation (NYSE:BATL) skyrocketed on January 26 after the company revealed that it had terminated its gas treatment agreement with Wink Amine Treater after the latter’s acid gas injection facility went offline in August 2025 and failed to resume operations. Instead, Battalion has now secured a new gas treating agreement with a large-cap midstream provider, effectively removing the bottleneck that had constrained its output for the past several months.

Thanks to a significant facility expansion completed in Q4 2025, the midstream provider can now process all of Battalion Oil Corporation (NYSE:BATL)’s gas volumes from its Monument Draw Field. The facility is now processing more than 30 MMcf/d of the company’s gas production, up significantly from an average of approximately 17.4 MMcf/d in December. This has directly translated to an increase of approximately 1,200 net barrels per day in Battalion’s average oil production month-to-date in January.

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