Why NCS Multistage Holdings, Inc. (NCSM) Stock is Gaining This Week

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 NCS Multistage Holdings, Inc. (NASDAQ:NCSM) stands against the other energy stocks.

After plunging to a 52-week low earlier this month, the energy sector has since slightly recovered, posting gains of around 2% over the last week. The primary reason behind this slight surge is the modest increase in global crude oil prices, due to a temporary suspension of President Trump’s tariffs on most countries and his softening rhetoric regarding the levies imposed on China. Investor sentiment was also buoyed by a reported 4.6 million barrel drop in US crude oil inventories last week, far exceeding expectations of an 800,000 barrel drop.

Another sector that has recently been in the spotlight is liquified natural gas, since an increasing number of countries are now looking to buy American LNG to narrow down their trade gap with the United States. A great example is how Indian state-run GAIL has issued a tender to acquire up to 26% stake in an LNG project in the United States, bundling the offer with a 15-year gas import deal, and aiding New Delhi’s efforts to narrow its trade surplus with Washington. Moreover, the threat of Trump’s tariffs is pushing Japan, South Korea, and Taiwan to consider investing in a massive natural gas project in Alaska. The project aims to produce 20 million metric tons of LNG annually, equal to about 23% of the total LNG that the US exported last year. In fact, Taiwan’s state oil and gas company CPC Corporation already signed an LoI last month to purchase six million metric tons of gas from Alaska LNG.

Why NCS Multistage Holdings, Inc. (NCSM) Stock is Gaining This Week

A drilling rig in action, operated by an oilfield services team.

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 16 and April 23, 2025. The 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 Apr. 16 – Apr. 23: 8.15%

Next on our list of Energy Stocks Gaining the Most This Week is NCS Multistage Holdings, Inc. (NASDAQ:NCSM), 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.

The stock of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) fell by over 33% earlier this month following the sharp decline in global crude prices and the overall bearish sentiment regarding the oilfield services industry. However, the stock has since partially recovered.

Despite the plunge in April, the share price of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) has surged by more than 78% over the last year. The company boasts a robust business model and has topped market expectations in both earnings and revenue in its last two quarters.

Overall, NCSM ranks 5th 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 NCSM 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.