Key Points
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The S&P 500 energy sector gained 24.72% YTD versus 0.35% for the broader index.
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Oil prices rose 32.2% YTD while natural gas fell 25.43%.
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Uranium miners and petroleum refiners lead with gains exceeding 40% on strong pricing and margins.
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The energy industry is very volatile as the U.S.-Israel campaign against Iran continues. Oil prices are up 32.2% year to date, as of March 4. Natural gas is down 25.43% for the same period.
The energy sector doesn’t just contain oil and gas-related companies. AI is causing electricity demand to surge, and investments are also pouring into alternatives like nuclear energy.
Here are some energy stocks beating the broader market year to date. The S&P 500 has gained 0.35% YTD, while the S&P 500 energy sector has gained 24.72% in the same time period.
#14 CVR Energy, Inc. (CVI)
CVR Energy is a diversified holding company that operates petroleum refineries and produces nitrogen fertilizers. The company boasts exceptional refining margins and strong performance in both petroleum and fertilizer segments.
CVI stock rose 3.97% year to date, with shares trading at $26.45 on March 4. CVR’s market cap is $2.659 billion.
#13 National Fuel Gas Co. (NFG)
National Fuel Gas is an integrated energy company. It produces and sells natural gas, showing strong production from Appalachian Basin operations and is seeing growing pipeline utilization rates.
NFG is up 16.82% year to date, with shares currently priced at $93.53. The company’s market cap is $8.888 billion.
#12 Genesis Energy, L.P. (GEL)
Genesis Energy provides midstream services. This also includes offshore pipeline transportation, refinery services, and marine transportation. The company has seen strong performance in the offshore pipeline business and growing demand for marine transportation services.
GEL is up 18.08% YTD. Shares were trading at $18.42 on March 4. The company has a market cap of $2.256 billion.
#11 HF Sinclair Corp. (DINO)
HF Sinclair operates petroleum refineries and sells gasoline, diesel fuel, jet fuel, etc. The company reports improved refining margins and successful integration of renewable fuel capabilities.
DINO has risen 22.98% YTD. Shares go for $56.67, and the market cap is $10.602 billion.
#10 Antero Midstream Corp. (AM)
Antero Midstream owns and operates midstream energy infrastructure to gather and compress natural gas. The company has steady cash flows from natural gas infrastructure assets and growing demand for natural gas transportation.
AM is up 27.99% YTD; shares are at $22.77. Antero’s market cap is $10.845 billion.
#9 Uranium Energy Corp. (UEC)
Uranium Energy is engaged in uranium mining and production activities, primarily in the United States and Paraguay. Rising uranium prices are being driven by a nuclear energy renaissance and supply chain concerns following Russian uranium restrictions.
UEC is up 28.77% YTD, with shares trading at $15.04. Uranium Energy has a market cap of $7.27 billion.
#8 Marathon Petroleum Corp. (MPC)
Marathon is one of the largest petroleum refiners in the United States, operating 13 refineries. The company boasts strong refining margins and successful cost management leading to improved profitability in the downstream business.
MPC rose 35.75% YTD (shares cost $220.77). Marathon’s market cap is $66.364 billion.
#7 Valero Energy Corp. (VLO)
Valero Energy is an international manufacturer and marketer of transportation fuels and petrochemical products, operating 15 refineries. The company benefits from strong demand for gasoline and diesel fuels.
VLO rose 38.58%, with shares trading at $225.60. Valero has a market cap of $70.083 billion.
#6 Par Pacific Holdings, Inc. (PARR)
Par Pacific owns and operates energy and infrastructure businesses, including petroleum refineries in Hawaii and Washington. Strong refining margins and operational improvements at Hawaii refineries are driving exceptional profitability.
PARR is up 41.38% YTD. Shares sell for $49.68. The market cap is $2.524 billion.
#5 Delek US Holdings, Inc. (DK)
Delek is an independent refiner and marketer of petroleum products, operating refineries in Texas, Arkansas, and Louisiana. Why Delek is up YTD: Solid refining margins and more efficiency at key refineries.
DK stock has returned 45.58% YTD, with shares at $43.18. Delek’s market cap is $2.597 billion.
#4 TechnipFMC PLC (FTI)
TechnipFMC sells technology, products, and services to the energy industry, specializing in subsea and offshore drilling equipment. The firm is benefiting from rising offshore drilling activity and strong demand for deepwater projects, plus equipment orders.
FTI stock jumped 46.48% year to date. Shares trade at $65.27, and the market cap is $26.403 billion.
#3 Dorian LPG Ltd. (LPG)
Dorian owns and operates a fleet of very large gas carriers (VLGCs) that transport liquefied petroleum gas worldwide. Strong LPG shipping rates and growing global demand have been a boon for the company.
LPG is up 53% YTD, with shares at $37.24. Dorian’s market cap is $1.592 billion.
#2 Energy Fuels Inc. (UUUU)
Energy Fuels is a leading U.S. uranium mining company that also produces vanadium and is advancing rare earth element recovery. The desire to diversify rare earths away from China should provide a boost.
UUUU stock jumped 53.48% (shares: $21.81). The company’s market cap is $5.252 billion.
#1 International Seaways, Inc. (INSW)
International Seaways operates a fleet of tankers to transport crude oil and refined petroleum products globally. The company has seen increasing demand for tankers and solid earnings that beat analyst estimates due to strong shipping rates.
INSW rose 55.39% YTD. The market cap is $3.726 billion, and shares are priced at $75.44.
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