This week was a great week for investors in the energy patch. Surging crude prices sent dozens of energy stocks up double digits.
Three energy stocks stood out, surging upwards of 20% or more on the week. The big winners, according to S&P Capital IQ data, were Solazyme Inc (NASDAQ:TVIA), CARBO Ceramics (NYSE:CRR), and Key Energy Services, (NYSE:KEG).
What's interesting about this list is just one of the three had actual news worthy of a double-digit stock move. You can find out which stock that was, as well as why the other two moved, by checking out the slideshow below. I not only consider what fueled these stock gains during the past week, but whether these moves really are sustainable.
Matt DiLallo has no position in any stocks mentioned. The Motley Fool owns shares of Solazyme. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.