5 Energy Stocks to Buy According to Steve Pattyn’s Yaupon Capital

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In this article, we will discuss the 5 energy stocks to buy according to Steve Pattyn’s Yaupon Capital. If you want to read our detailed analysis of Pattyn’s history, investment philosophy, and hedge fund performance, go directly to the 10 Energy Stocks to Buy According to Steve Pattyn’s Yaupon Capital.

5. Equitrans Midstream Corporation (NYSE:ETRN)

Yaupon Capital Stake Value: $4,255,000
Percentage of Yaupon Capital’s 13F Portfolio: 2.35%
Number of Hedge Fund Holders: 27

Equitrans Midstream Corporation (NYSE:ETRN) focuses on gas collecting networks, transmission and storage systems, and water services assets that support natural gas producers.

In November, the company declared earnings for the third quarter of 2021. Equitrans Midstream Corporation (NYSE:ETRN) posted revenue of $342.07 million, down 2.3% YoY, missing the estimates by $6.64 million. The business anticipates a net income of $275 million to $295 million in FY21. In September, BofA analyst Chase Mulvehill reinstated coverage of Equitrans Midstream Corporation (NYSE:ETRN), rating the stock as “Neutral” and gave a price target of $11.

In October, the company’s board announced a quarterly dividend of $0.15 per share, in line with the previous.

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