5 Energy Stocks with Insider Buying

In this piece, we will take a look at five energy stocks with insider buying. If you want to take a look at our background of the energy industry, then head on over to 10 Energy Stocks with Insider Buying.

5. Flotek Industries, Inc. (NYSE:FTK)

6-Month Insider Ownership Change: 98.06%

Flotek Industries, Inc. (NYSE:FTK) provides oil and gas exploration firms with products such as chemicals that improve their production efficiency. Insider purchases of the stock have been rampant this year, with its director Harshavardhan Agadi buying nearly half a million dollars worth of shares in July.

As of Q1 2023 end, five of the 943 hedge funds part of Insider Monkey’s research had invested in Flotek Industries, Inc. (NYSE:FTK). Out of these, the firm’s biggest investor is David Nierenberg’s Nierenberg Investment Management courtesy of a $5.3 million stake.