Why Uranium Energy Corp. (UEC) is Gaining This Week?

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 Uranium Energy Corp. (NYSE:UEC) 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.

Why These Energy Stocks are Gaining This Week

A mining worker in a hard hat and coveralls hammering away at the uranium rich walls of the mine.

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.

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).

Uranium Energy Corp. (NYSE:UEC)

Share Price Gains Between Mar. 10 – Mar. 17: 15.72%

Uranium Energy Corp. (NYSE:UEC) is engaged in uranium mining and related activities. The company is the fastest-growing uranium supplier in North America, fueling the growing demand for carbon-free nuclear energy.

Investors seem to have reacted positively to the commitment to significantly increase the global nuclear energy capacity at the CERAWeek conference this month, causing the stock of Uranium Energy Corp. (NYSE:UEC) to surge. The company made significant progress in ramping up its production in Q2 2025, reporting a revenue of $49.8 million on sales of 600,000 pounds of U3O8. Moreover, UEC  maintains strong liquidity, with $214 million in liquid assets and no debt at the end of the quarter.

Uranium Energy Corp. (NYSE:UEC) was also included in our list of the 12 Best Nuclear Power Stocks to Buy Now.

Overall, UEC ranks 10th on our list of energy stocks that are gaining this week.. While we acknowledge the potential for UEC, 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 UEC but that trades at less than 5 times its earnings, check out our report about the 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.