5 Best Oil Stocks to Buy Amid Post-COVID Demand Boom and Price Volatility

4. PDC Energy, Inc. (NASDAQ: PDCE)

Number of Hedge Fund Holders: 24    

PDC Energy, Inc. (NASDAQ: PDCE) is an energy firm that operates from Colorado. It is ranked fourth on our list of 10 best oil stocks to buy amid post-COVID demand boom and price volatility. The company’s shares have offered investors returns exceeding 236% over the course of the past year. 

PDC Energy, Inc. (NASDAQ: PDCE) is a solid option for those looking to retire early as it pays a healthy and regular dividend. On May 27, the firm declared a quarterly dividend of $0.12 per share. 

Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Harris Associates is a leading shareholder in PDC Energy, Inc. (NASDAQ: PDCE) with 2.5 million shares worth more than $87 million.