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 NACCO Industries, Inc. (NYSE:NC) stands against the other energy stocks.
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.
Aerial view of an opencast coal mine, its vastness conveying the magnitude of its operations.
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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NACCO Industries, Inc. (NYSE:NC)
Share Price Gains Between Apr. 3 – Apr. 10: 14%
NACCO Industries, Inc. (NYSE:NC), together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management.
The American coal business, the backbone of NACCO Industries, Inc. (NYSE:NC), is set to benefit tremendously from President Trump’s executive orders to boost the country’s coal production. Last week, the US Bureau of Land Management released a draft environmental analysis of new lease areas for North Dakota’s Freedom Mine, owned by NC. The Freedom Mine, which produces between 11.5 million and 13.5 million tons of lignite coal, is seeking to lease an additional 1,350 acres containing an estimated 24 million tons of mineable coal. The expansion aims to ensure the mine’s continued operation through 2045. Earlier this week, the President issued orders directing agencies to identify coal resources on federal land and prioritize coal leasing on those lands, marking a significant step forward for NACCO Industries, Inc. (NYSE:NC).
Overall, NC ranks 2nd 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 NC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.