5 Best Affordable Energy Stocks to Buy Now

4. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Number of Hedge Fund Holders: 33  

Share Price as of December 1: $11.69   

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) explores for, produces, and sells oil and gas in Brazil and internationally. On November 18, Petroleo unveiled that it had canceled the sale process of the Regap oil refinery in Brazil’s Minas Gerais state after receiving an insufficient offer for the facility.

Among the hedge funds being tracked by Insider Monkey, California-based investment firm GQG Partners is a leading shareholder in Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) with 214.2 million shares worth more than $2.6 billion.