5 Best Natural Gas Dividend Stocks To Buy

In this article, we discuss 5 best natural gas dividend stocks to buy. If you want to see more stocks in this selection, check out 10 Best Natural Gas Dividend Stocks To Buy. 

5. Halliburton Company (NYSE:HAL)

Number of Hedge Fund Holders: 43

Dividend Yield as of October 28: 1.34%

Halliburton Company (NYSE:HAL) is a Texas-based provider of oil and gas equipment and services to the energy industry worldwide. On October 25, Halliburton Company (NYSE:HAL) posted its Q3 results, announcing non-GAAP earnings per share of $0.60 and a revenue of $5.36 billion, outperforming market estimates by $0.04 and $20 million, respectively. Revenue over the period climbed 38.9% year-over-year in the third quarter of 2022. It is also one of the best dividend stocks to buy. 

Susquehanna analyst Charles Minervino on October 26 raised the price target on Halliburton Company (NYSE:HAL) to $51 from $48 and kept a Positive rating on the shares. The analyst said they posted robust Q3 results with revenues, operating income, EPS, and free cash flow all exceeding his expectations. This is a sign that Halliburton Company (NYSE:HAL) is executing very well as the oilfield services upcycle creates momentum, as per the analyst. 

According to Insider Monkey’s data, 43 hedge funds were long Halliburton Company (NYSE:HAL) at the end of Q2 2022, compared to 47 funds in the preceding quarter. Richard S. Pzena’s Pzena Investment Management is the biggest stakeholder of the company, with 16.7 million shares worth $523 million.