5 Best LNG Stocks to Buy Now

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In this article, we talk about the 5 best LNG stocks to buy now. If you want to take a look at our detailed analysis of the LNG industry, you can head on to 10 Best LNG Stocks to Buy Now.

5. Devon Energy Corporation (NYSE:DVN)

Number of Hedge Fund Holders: 48

By the end of the third quarter of 2021, 48 hedge funds out of the 867 tracked by Insider Monkey held stakes in Devon Energy Corporation (NYSE:DVN). The total value of these stakes was $1.40 billion. This is compared to 50 positions in the second quarter of 2021, with total stakes worth $1.03 billion.

As of the third quarter of 2021, Devon Energy Corporation (NYSE:DVN) generated revenues of $3.47 billion, up 224.84% year over year, and beat revenue estimates by $546.05 million. The stock also posted earnings per share of $1.08, beating expert EPS estimates by $0.15.

On 4th November, Truist analyst Neal Dingmann raised his price target on Devon Energy Corporation (NYSE:DVN) to $60 from $52 and reiterated a Buy rating on the shares after its third-quarter earnings beat.

According to Insider Monkey’s database, GQG Partners is the key stakeholder in Devon Energy Corporation (NYSE:DVN).

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