The global energy markets are driven by demand and supply dynamics that dictate underlying commodity prices and shape business prospects for companies operating in these segments. From a supply point of view, there are some critical functions involved in the overall process that ensure the availability of such commodities without any disruptions. Some of these are extraction, processing, liquefaction, storage, regasification, and transportation. Entities specializing in one or more of these functions are glued to the fundamental movements within their respective commodity markets, which have a direct impact on their profitability.
On January 23, the International Energy Agency (IEA) published its outlook for the global liquefied natural gas (LNG) market, which expects demand to accelerate in the coming year. At the same time, there will be a surge in LNG supply, driven primarily by North America. Keisuke Sadamori, Director of Energy Markets and Security at IEA, stated:
“The unfolding LNG wave is set to have a central role in shaping global gas markets in the coming years, likely putting downward pressure on prices and improving liquidity as regional gas markets become increasingly interconnected. Nevertheless, a range of risk factors remain – including geopolitical tensions and weather conditions – as the volatility in natural gas markets in early 2026 has highlighted. In these uncertain times, continued vigilance on energy security is essential, and the IEA is supporting countries around the world on this critical priority.”
The above forecasts will drive investor sentiment around individual stocks within these specific markets. With that background, let’s explore our 13 Best Oil and Gas Storage Stocks to Buy According to Hedge Funds.
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Our Methodology
To identify relevant stocks for this article, we screened for U.S.-listed companies with market capitalizations above $2 billion having a core business in or significant exposure to the oil & gas storage space. Next, we identified the number of hedge funds holding positions in these stocks as of the end of the fourth quarter of 2025. Finally, we selected 13 stocks with the highest number of hedge funds holding stakes and ranked them in ascending order.
Why are we interested in 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
13. MPLX LP (NYSE:MPLX)
Number of Hedge Fund Holders: 16
MPLX LP (NYSE:MPLX) is one of the 13 best oil and gas storage stocks to buy according to hedge funds.
On February 10, Spiro Dounis from Citi maintained his Neutral rating on MPLX LP (NYSE:MPLX). The analyst also increased the price target on the stock from $54 to $55.
Dounis’ upward revision is underpinned by a growing backlog that cleared street expectations following the company’s fourth-quarter results, prompting an incremental increase to the firm’s projections.
On February 3, MPLX LP (NYSE:MPLX) reported fourth-quarter revenues of $3.3 billion, outperforming consensus estimates of $3.2 billion. Chairman, President, and Chief Executive Officer, Maryann Mannen, stated:
“In 2025, we invested to grow our natural gas and NGL value chains and returned more than $4B to unitholders. In 2026, we are executing growth anchored in the Permian and Marcellus basins, advancing our strategic initiatives and commitment to durable distribution growth. These opportunities will meet growing demand for natural gas and NGLs, enhance our value chains, and support mid-single digit adjusted EBITDA growth.”
MPLX LP (NYSE:MPLX) operates midstream energy infrastructure and logistics assets. The company is engaged in gathering, processing, storing, marketing, and transporting natural gas, natural gas liquids, crude oil, and refined products. It also distributes hydrocarbon-based products, as well as renewables, residue gas, and condensate.
