In This Article:
We recently compiled a list of the Energy Stocks that are Gaining This Week. In this article, we are going to take a look at where Sky Quarry Inc. (NASDAQ:SKYQ) stands against the other energy stocks.
After finding itself right in the crosshairs of President Trump’s global trade war, the energy industry itself has finally found some respite over the last week. At the time of writing this piece, the overall energy sector surged by more than 6% over the last five days, compared to gains of just around 0.9% by the wider market. After falling to a multi-year low, the Brent crude oil price has also increased by over 7.4% over the last five days and is now hovering just below the $68 mark.
One sector that has benefited greatly from the escalating trade tensions between US and China is that of uranium. After President Trump ordered a probe into potentially imposing tariffs on critical mineral imports, including uranium, investors are piling in to acquire stakes in domestic uranium companies. The sector has also been a hot topic recently due to a renewed global interest in nuclear energy, which has emerged as a leading candidate to power the ongoing AI boom and its accompanying data centers. A great example is how America’s all three leading cloud services companies signed deals last year to procure nuclear-powered energy.
A team of construction workers installing a roof with asphalt shingles.
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 9 and April 16, 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.
At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Sky Quarry Inc. (NASDAQ:SKYQ)
Share Price Gains Between Apr. 9 – Apr. 16: 30.27%
Sky Quarry Inc. (NASDAQ:SKYQ) is an integrated energy solutions company, created to address the environmental issues caused by the landfill disposal of waste asphalt roofing shingles.
The share price of Sky Quarry Inc. (NASDAQ:SKYQ) continues to surge after the company recently announced that it has signed a non-binding LOI with Southwest RAS to advance asphalt shingle recycling in the state of Illinois. SKYQ estimates that the region produces approximately 1.2 million tons of asphalt shingle waste annually, which, if fully recycled, could yield the equivalent of 1.5 million barrels of oil. The company is working on a national expansion strategy and recently revealed the successful completion of its 2024 capital expenditure program for its flagship hydrocarbon extraction site, PR Spring, and the recent refurbishment of its Foreland Refinery in anticipation of increased capacity in 2025.