5 Best Cheap Oil Stocks to Buy in 2021

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1. Falcon Minerals Corporation (NASDAQ:FLMN)

Number of Hedge Fund Holders: 26
Total Value of Hedge Fund Holdings: $30.2 Million
Share Price as of April 28: $4.52

Topping the 10 best cheap oil stocks to buy in 2021 is Falcon Minerals Corporation (NASDAQ:FLMN). The oil and gas minerals company owns over 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk in Karnes, DeWitt, and Gonzales Countries in Texas. In March 2021, Falcon Minerals Corporation (NASDAQ:FLMN) stock sold higher after Wells Fargo upgraded the stock from Equal-Weight to Overweight with an $8 price target.

The company has a market cap of $382 million. Falcon Minerals Corporation (NASDAQ:FLMN) revenue in the full year 2020 came in at $38.9 million. There were 26 hedge funds that reported owning stakes in Falcon Minerals Corporation at the end of the fourth quarter, up from 20 funds a quarter earlier. The total value of these stakes at the end of Q4 is $30.2 million.

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You can also take a peek at Tiger Cub Billionaire Stephen Mandel’s Top 10 Stock Picks and David Einhorn’s Top 10 Stock Picks.

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