5 Cheap Energy Stocks To Buy

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

Number of Hedge Fund Holders: 28

P/E Ratio as of January 26: 3.64

PDC Energy, Inc. (NASDAQ:PDCE) is an energy company that explores for and produces crude oil, natural gas, and natural gas liquids. It is based in Denver, Colorado.

A Buy rating was placed on PDC Energy, Inc (NASDAQ:PDCE) shares on January 9 by Mizuho’s Nitin Kumar.

Mizuho analysts have placed a price target of $97 on the stock as of this January. The shares are currently trading at a per-share value of $69.61, representing immense upside potential.

Our hedge fund data shows 28 funds long PDC Energy, Inc. (NASDAQ:PDCE) in the third quarter, with a total stake value of $373 million.

Follow Pdc Energy Inc. (NASDAQ:PDCE)

See also 11 Most Undervalued Natural Gas Stocks To Buy and 10 Dirt Cheap Stocks To Buy.

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