Why These Energy Stocks Are Gaining This Week

4. Hallador Energy Company (NASDAQ:HNRG)

Share Price Gains Between Apr. 3 – Apr. 10: 11.41%

With its roots in oil and gas exploration, Hallador Energy Company (NASDAQ:HNRG) has evolved to concentrate on coal development and transportation delivery.

The stock of Hallador Energy Company (NASDAQ:HNRG) has surged by more than 45% over the last month after the company posted a revenue of $404.4 million for FY 2024, topping estimates by $3.32 million. The stock has also benefited greatly from the recently signed order by President Trump to boost coal production in the US. Moreover, there has been news of recent insider buying activity, with HNRG director Wesley Charles Ray IV acquiring $103,978 worth of company shares this week.