5 Best Energy Stocks To Invest In According to Hedge Funds

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In this piece, we will take a look at the five best energy stocks to invest in according to hedge funds. If you want to learn more about the latest trends in the energy industry then read 13 Best Energy Stocks To Invest In According to Hedge Funds.

5. Schlumberger Limited (NYSE:SLB)

Number of Q3 2023 Hedge Fund Shareholders: 65

Schlumberger Limited (NYSE:SLB) is a backend oil and gas company that enables explorers and producers to conduct their business operations. It’s another highly rated stock on our list as the shares are rated Strong Buy on average. The average share price target is $68.

During Q3 2023, 65 out of the 910 hedge funds profiled by Insider Monkey had bought Schlumberger Limited (NYSE:SLB)’s shares. Rajiv Jain’s GQG Partners was the biggest shareholder due to its $2 billion investment.

Follow Schlumberger Limited (NYSE:SLB)

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