5 Most Profitable Energy Stocks

4. BP p.l.c. (NYSE:BP)

Latest TTM Net Income: $25.6 billion

BP p.l.c. (NYSE:BP) is one of the oldest and most important energy companies in the world, since it has been operating for more than a hundred years now. However, 2023 hasn’t been kind to the firm as it has beaten analyst EPS estimates in just one out of its four latest quarters.

By the end of September 2023, 35 among the 910 hedge funds tracked by Insider Monkey were the firm’s shareholders. BP p.l.c. (NYSE:BP)’s largest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital as it owns $824 million worth of shares.

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