In this article, we are going to discuss the energy stocks that are gaining this week.
The energy industry has found itself right in the crosshairs of President Trump’s tariff war, sliding more than 8% over the last five days, against a decline of just around 0.5% by the wider market. The global price of crude oil has plummeted by around 22% since the beginning of the year, with the WTI price currently hovering around the $60 mark. The primary reasons for this decline are the escalating US-China trade war, the high prospects of a global economic slowdown, and the recent decision by OPEC+ to increase supply in May. The Trump administration has indicated a strong preference for reducing crude prices to $50 or lower, but whether this is actually possible remains to be seen, considering that the US oil industry needs prices between $61 and $70 per barrel to be profitable, according to data from the Federal Reserve Bank of Dallas.
One sector that has garnered special attention from the White House is that of coal. Earlier this week, President Donald Trump signed executive orders that aim to boost coal production, while another order asked the US Attorney General to identify state climate laws that stand in the way of developing energy resources like coal and try to stop them from being enforced. Following the President’s orders, the US Energy Department made $200 billion in financing available for its loan programs office including for new coal technologies. However, the orders have raised serious environmental concerns since coal is among the dirtiest fuels available to generate energy. It also remains to be seen whether there is any actual demand for increased coal output, since hundreds of coal-burning plants have already been shut down over the last decade.
A coal miner surrounded by piles of bentonite and Leonardite in a mine.
Our Methodology
To collect data for this article, we have referred to several stock screeners to find energy stocks that have surged the most between April 3 and April 10, 2025. 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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10. Centrus Energy Corp. (NYSE:LEU)
Share Price Gains Between Apr. 3 – Apr. 10: 4.63%
Centrus Energy Corp. (NYSE:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry.
Centrus Energy Corp. (NYSE:LEU) is the only American company with proven enrichment technology, giving it a significant advantage in the current global trade war. Moreover, earlier this month, Craig-Hallum initiated coverage of LEU with a Buy rating and $129 price target. As the world goes through a nuclear renaissance, especially during the current AI boom, Centrus Energy’s domestic nuclear fuel solution is vital to national security. The company’s $60 million investment at its Oak Ridge facility will significantly help advance the country’s uranium enrichment capabilities.
9. EON Resources Inc. (NYSE:EONR)
Share Price Gains Between Apr. 3 – Apr. 10: 5.53%
EON Resources Inc. (NYSE:EONR) is an upstream energy company focused on oil and gas properties in the Permian basin.
EON Resources Inc. (NYSE:EONR) recently revealed that it had contractually hedged approximately 70% of its oil production, with the company receiving between $70.1 to $70.5 per barrel. The hedges are established and fixed in volume and price for the next nine months, putting EON at a great advantage given the current volatility and declining global oil prices.
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