5 Best Natural Gas Stocks to Buy Now

2. ConocoPhilips (NYSE: COP)

No of HFs: 49

Total Value of HF Holdings: $687 Million

Ranking 2nd in our list of 11 best natural gas stocks to buy now is ConocoPhilips. The company focuses on the exploration of hydrocarbons and other energy resources. They are strategically based in the Energy Corridor district of Houston, Texas. During the fourth quarter of 2020, the company reported a loss of $0.72 per share, compared to earnings of $0.65 per share in the same period last year.

There were 49 hedge funds in our database that held stakes in ConocoPhillips, compared to 45 funds in the third quarter. Ken Fisher’s Fisher Asset Management is the biggest stakeholder in the company, which had 5.11 million shares, worth $204 million. An insider purchased 2,400 shares at $41 in May 2020. The stock is up 70% since then.

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