We recently published an article titled Why These Energy Stocks are Gaining This Week. In this article, we are going to take a look at where Genesis Energy, L.P. (NYSE:GEL) stands against the other energy stocks.
The liquified natural gas (LNG) segment is a significant growth driver for the American energy industry. The United States is the largest LNG exporter in the world, with 88.3 million tons shipped in 2024, up 4.5% from the previous year. These numbers are expected to receive a boost as the country also has some major LNG export projects under construction, which should come online in the next few years. The US Energy Information Administration expects the country’s LNG export capacity to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcf/d) in 2023 to 24.4 Bcf/d in 2028, if the said projects come online as planned.
The American LNG industry also received a significant push after President Donald Trump issued an order for the country to resume processing export permit applications for new LNG projects, reversing a pause put in place by the previous Biden administration. Around 82% of the total American LNG exported in the first two months of 2025 was shipped to Europe, as cold weather and strong prices pushed up demand for the super-chilled gas across the Atlantic. The United States remains the major gas supplier to Europe since the Russian invasion of Ukraine, and this relationship is set to continue, unless it is disturbed by a rumored trade war between the two parties.
The broader energy sector has fallen by 1.77% since the beginning of the year, compared to a decline of 0.44% by the wider market.
Methodology
To collect data for this article, we have referred to several stock screeners to find energy stocks that have surged the most between February 24 to March 3, 2025. Following are the Energy Stocks that are Gaining the Most This Week.
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A towering deepwater pipeline pump emerging from a body of water at sunset, symbolizing the company’s dedication to offshore logistics.
Genesis Energy, L.P. (NYSE:GEL)
Share Price Gains Between Feb. 24 and Mar. 3: 9.26%
Genesis Energy, L.P. (NYSE:GEL) provides an integrated suite of midstream services in the crude oil and natural gas industries in the United States.
Shares of Genesis Energy, L.P. (NYSE:GEL) have surged by over 22% this year, despite the lower-than-expected results reported in Q4 2024. The company recently announced that it has divested its soda ash manufacturing and related operations to an indirect unit of WE Soda for $1.43 billion, helping it to focus on the midstream energy sector. Moreover, $1.01 billion of these proceeds will be used to reduce debt and buy back shares, with the company extending its common equity buyback plan till the end of 2026.
Moody’s Ratings has recently upgraded the outlook for Genesis Energy, L.P. (NYSE:GEL) from stable to positive, following the improvement in the company’s financial position.
Overall GEL ranks 1st on our list of the energy stocks that are gaining this week. While we acknowledge the potential for GEL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GEL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
