We recently compiled a list of the Why These Energy Stocks are Gaining This Week. In this article, we are going to take a look at where NCS Multistage Holdings, Inc. (NASDAQ:NCSM) stands against the other energy stocks.
After a lackluster performance in 2024, the broader energy sector finally seems to be doing better this year with gains of 5.85% since the beginning of 2025, against a decline of over 4% by the wider market during the period.
One sector that has garnered significant worldwide attention over the last year is that of nuclear energy, largely driven by the widespread recognition of its importance in the global ‘clean energy transition’. The ongoing AI boom and the accompanying data centers could also be a major growth driver for the industry, as these facilities consume an overwhelming amount of energy, which needs to come from a relatively cheap, clean, and reliable source such as nuclear.
The sector also received a significant boost last week at the CERAWeek conference in Houston, when several major global companies signed a pledge to support the goal of at least tripling the world’s nuclear energy capacity by 2050. The International Energy Agency recently revealed that there are over 70 gigawatts of new nuclear capacity under construction around the world, one of the highest levels in the last 30 years, and more than 40 countries have plans to expand nuclear’s role in their energy systems.
A row of massive oil rigs in a desert landscape, against a setting sun.
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 10 and March 17, 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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NCS Multistage Holdings, Inc. (NASDAQ:NCSM)
Share Price Gains Between Mar. 10 – Mar. 17: 26.88%
NCS Multistage Holdings, Inc. (NASDAQ:NCSM) is a leading provider of highly engineered products and support services that enable oil-and-gas operators to optimize oil and natural gas well completions and field development strategies.
NCS Multistage Holdings, Inc. (NASDAQ:NCSM) recently reported strong results for its Q4 2024, posting a revenue of $45 million, up almost 28% YoY and topping market expectations by $4.4 million. The company’s EPS of $1.32 was also above estimates by $0.49. NCSM’s globalization strategy also seems to be paying off as the company achieved record international revenues of $16.5 million for the full year 2024, reaching 10% of overall revenue, up from 5% in 2023.
Overall, NCSM ranks 4th on our list of energy stocks that are gaining this week.. While we acknowledge the potential for NCSM, 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 NCSM 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.
