5 Best Energy Stocks for 2022

In this article, we will discuss the 5 best energy stocks for 2022. If you want to read our detailed analysis of the energy sector which highlights key trends and major players, you can go to 12 Best Energy Stocks for 2022.

5. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Holders: 52

Cheniere Energy, Inc. (NYSE:LNG) is one of the top gainers of 2022 and has reported profitable quarters, which makes it one of the best energy stocks to buy in 2022. This May, Cheniere Energy, Inc. (NYSE:LNG) reported earnings for the fiscal first quarter of 2022. The company reported revenues of $7.48 billion, up 142.20% year over year, and outperformed market consensus by $1.92 billion. The stock also appears to be trading at a discount, making now the right time to stack up some shares. As of May 7, Cheniere Energy, Inc. (NYSE:LNG) has a forward PE ratio of 8.31, and its shares have surged 80.30% over the past twelve months.

Shortly after Cheniere Energy, Inc. (NYSE:LNG) released its earnings report, Mizuho analyst Robert Mosca raised his price target on Cheniere Energy, Inc. (NYSE:LNG) to $159 from $145 and reiterated a Buy rating on the shares.

According to Insider Monkey’s database, 52 hedge funds held stakes in Cheniere Energy, Inc. (NYSE:LNG) at the end of the fourth quarter of 2021. The total value of these stakes was approximately $3.38 billion. This is compared to 49 hedge funds in the third quarter of 2021 with stakes of $3.10 billion.

As of December 31, 2021, Icahn Capital LP is the most prominent shareholder in Cheniere Energy, Inc. (NYSE:LNG) owning more than 16.16 million shares of stock which amount to a stake of $1.63 billion. The investment covers 7.35% of Carl Icahn’s hedge fund portfolio.

ClearBridge Investments published its “Global Infrastructure Value Strategy” third-quarter 2021 investor letter, in which the firm mentioned Cheniere Energy, Inc. (NYSE:LNG). Here is what experts at ClearBridge think about the stock:

“Cheniere Energy is an energy infrastructure company that owns and operates U.S. liquefied natural gas (LNG) export facilities. Strong quarterly results and the disclosure of capital allocation policies were positively received by the markets. In addition, continued supply and demand tightness in the LNG market created a favorable commodity price environment.”