5 Best Natural Gas Stocks to Buy Now

3. EOG Resources, Inc. (NYSE: EOG)

No of HFs: 45

Total Value of HF Holdings: $750 Million

The Texas-based developer and producer of natural gas and crude oil EOG Resources, Inc. was founded in 1999 by founder Mark G. Papa. The stock is up 36% year to date and ranks 3rd on our list of the best natural gas stocks to buy now . During the fourth quarter of 2020, the company generated $1.6 billion free cash flow, and an adjusted net income of $850 million. Shares of EOG soared 34.82% over the last 3 months. EOG currently offers a dividend yield of 2.56%.

As the fourth quarter ended, 45 hedge funds in Insider Monkey’s database of 887 funds held stakes in EOG Resources, Inc., compared to 36 funds a quarter earlier. Natixis Global Asset Management’s Harris Associated is the biggest stakeholder of the stock with 9.5 million shares, worth $475 million at the end of the fourth quarter.

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