5 Best Energy Stocks to Buy Now

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In this piece we will take a look at the five best energy stocks to buy. For more stocks and our industry introduction, head on over to 10 Best Energy Stocks to Buy Now.

5. Shell plc (NYSE:SHEL)

Number of Hedge Fund Holders: 39

Shell plc (NYSE:SHEL) is an energy and oil company that operates all over the globe, covering regions worldwide. The company produces natural gas, crude oil, liquefied natural gas (LNG), and other energy products. Additionally, the firm also produces electricity from renewable sources such as wind and solar.

Shell plc (NYSE:SHEL) is also one of the largest oil companies in the world as it produces 3.5 million barrels of oil per day and has an equally impressive portfolio of 46,000 gas stations. It also used the recent oil price increases to decrease its debt by 45%. The analyst consensus estimates for EPS for the next three years of $10.36, $9.06, and $7.52, combined with a 9% cost of capital, and a 0% terminal growth rate peg Shell plc (NYSE:SHEL)’s fair value share price at $70.22 – for a significant upside over its current share price of $54.88.

Shell plc (NYSE:SHEL)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 20 million shares that are worth $1 billion.

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