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 Greenfire Resources Ltd. (NYSE:GFR) stands against the other energy stocks.
After significantly trailing behind in 2024, the energy sector now finds itself outperforming the general market so far this year. Despite the sharp market decline on Thursday, April 3, the broader energy sector has gained over 1.3% since the beginning of 2025, against declines of more than 7% by the wider market.
The energy industry has braced itself for a tidal wave of change with Donald Trump back in the Oval Office since the President has expressed a strong commitment to reviving fossil fuels, reversing climate policies, and assuring America’s energy security. One sector that is already booming is that of natural gas. The benchmark US natural gas price at Henry Hub has surged by over 147% over the last year, thanks to slowing output in 2024, booming LNG exports, and fast-depleting inventories during the coldest winter in six years. Moreover, the ongoing AI boom and the accompanying data centers are also set to significantly increase the country’s energy demand, for which natural gas is a leading contender. The Energy Information Administration (EIA) expects the US gas demand to reach record highs this year and next, forecasting the country’s gas output to surge to 105.2 billion cubic feet per day (bcfd) in 2025, up from 103.2 bcfd last year and a record 103.6 bcfd in 2023.
An oil rig worker in overalls, examining a drill bit at the San Juan Basin.
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 March 26 and April 2, 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).
Greenfire Resources Ltd. (NYSE:GFR)
Share Price Gains Between Mar. 26 – Apr. 2: 11.94%
Greenfire Resources Ltd. (NYSE:GFR) is an oil sands producer actively developing its long-life and low-decline thermal oil assets in the Athabasca region of Alberta, Canada.
Greenfire Resources Ltd. (NYSE:GFR) recently reported its FY 2024 results, posting a full-year EPS of $1.76 against an EPS of -$2.49 in 2023. The company also witnessed a substantial rise in its adjusted funds flow, which increased by almost 135% YoY to $171.85 million last year. GFR’s production also surged by around 9.3% YoY in 2024, and its new management has increased its permitted capital expenditures in any 12-month period from $100 million to $150 million.
It was also reported last week that Waterous Energy Fund, which owns a majority stake in Greenfire Resources Ltd. (NYSE:GFR), has closed its third private equity round at the stated target of $1 billion.
Overall, GFR ranks 4th on our list of the energy stocks that gained the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GFR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
