Gotrade News - Nuclear and uranium stocks rallied sharply at the start of the week. Investor optimism on clean energy is driving renewed buying across the sector.
Uranium Energy Corp (UEC) closed up 9.68% at US$15.41 per share. X-Energy (XE) leapt 23.22% to US$35.98 on its second day of trading.
--- - UEC rallied 9.68% after Texas regulator approved Burke Hollow project - X-Energy (XE) surged 23.22%, backed by Amazon and Ark Invest - X-Energy IPO raised US$1.017 billion at a US$14 billion valuation ---
According to Insider Monkey on Monday (28/04), UEC gained on a key regulatory green light. The Texas Commission on Environmental Quality approved the Burke Hollow project.
Burke Hollow is described as the first in-situ recovery uranium operation in more than a decade. Output will be processed at the Hobson Central Processing Plant.
The Hobson plant is licensed for up to 4 million pounds of uranium per year. UEC now operates two active ISR projects in production simultaneously.
UEC CEO Amir Adnani called Burke Hollow a significant achievement for the company. The project moved from grassroots discovery in 2012 to production in 2026.
Adnani said the 100% unhedged, staged growth strategy positions UEC to capture demand. The Ludeman ISR project is planned for startup in 2027.
X-Energy meanwhile climbed 23.22% on its second day as a public company. Shares closed at US$35.98 on Monday on heavy investor demand.
X-Energy is a leading developer of advanced small modular nuclear reactors. The company also builds next-generation nuclear fuel technology platforms.
The IPO raised US$1.017 billion from the sale of 44.2 million Class A shares. The deal valued X-Energy at US$14 billion at listing.
Underwriters were granted a 30-day option for an additional 6.6 million shares. That option could add roughly US$152.68 million if exercised in full.
Amazon is both an investor and a customer of X-Energy. The tech giant is ramping plans to secure energy services from small modular reactors.
Cathie Wood's Ark Invest placed a US$120 million stake in X-Energy. Backing from marquee investors lends credibility for retail buyers entering the name.
The sector rally reflects market expectations for long-duration clean power demand. Uranium and SMR remain core thematic plays for investors in 2026.
We at Gotrade give Indonesian investors access to UEC and XE alongside other US-listed nuclear names like CCJ, NXE, SMR, BWXT, and OKLO for those building exposure to the uranium and small modular reactor theme.
