5 Most Undervalued Natural Gas Stocks To Buy According To Hedge Funds

Page 1 of 5

In this article, we discuss the 5 most undervalued natural gas stocks to buy according to hedge funds. To read the detailed analysis of the natural gas sector, go directly to the 12 Most Undervalued Natural Gas Stocks To Buy According To Hedge Funds.

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

TTM PE Ratio as of November 8: 4.36

Number of Hedge Fund Holders: 36

BP p.l.c. (NYSE:BP) is one of the largest oil and gas companies in the world. It is a vertically integrated company that operates in all areas, from oil and gas exploration to trading. The company was founded in 1909 and is headquartered in London, UK.

Due to a disappointing performance in the third quarter, BP p.l.c. (NYSE:BP)’s stock has declined over the past week and is trading at an attractive valuation. The company’s earnings dropped mainly due to lower natural gas prices, but it still has a strong balance sheet and a healthy portfolio of assets. It is the 5th most undervalued natural gas stock to buy according to hedge funds. 

On November 6, Morgan Stanley analyst Martijn Rats maintained an Overweight rating on BP p.l.c. (NYSE:BP)’s shares after lowering the price target to 610 GBp from 700 GBp.

Follow B P Plc (NYSE:BP)

Page 1 of 5