5 Top Performing Energy Stocks in January 2023

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1. Transocean Ltd. (NYSE:RIG)

Performance in January: +60%

One of the biggest offshore drilling companies, Transocean Ltd. (NYSE:RIG) ranks 1st in our list of the top performing energy stocks in January 2023.

As of the end of the third quarter of 2022, 36 hedge funds had stakes in Transocean Ltd. (NYSE:RIG). The total value of these stakes was $302 million. The biggest stakeholder of Transocean Ltd. (NYSE:RIG) was Stephen Mildenhall’s Contrarius Investment Management which owns a $68 million stake in Transocean Ltd. (NYSE:RIG).

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