Billionaire Ray Dalio’s Top 5 Energy Stock Picks

In this article, we will discuss billionaire Ray Dalio’s top 5 energy stock picks. If you want to explore similar stocks, you can also read Billionaire Ray Dalio’s Top 10 Energy Stock Picks.

5. Cheniere Energy, Inc. (NYSE:LNG)

Bridgewater Associates’ Stake Value: $23,705,000

Percentage of Bridgewater Associates’ 13F Portfolio: 0.11%

Cheniere Energy, Inc. (NYSE:LNG) is a leading provider of liquefied natural gas (LNG) services. The company operates a world-class liquefaction facility in Sabine Pass, Louisiana, and is well-positioned to benefit from the growing global demand for LNG. As of November 11, Cheniere Energy, Inc. (NYSE:LNG) has returned 57.83% to investors year to date and is trading at a PE multiple of 16x.

On November 3, Cheniere Energy, Inc. (NYSE:LNG) posted earnings for the third quarter of fiscal 2022. The company generated a revenue of $8.85 billion for the quarter, up 176.63% year over year, and outperformed estimates by $888.89 million. As of September 30, Ray Dalio’s Bridgewater Associates has stakes worth $23.7 million in Cheniere Energy, Inc. (NYSE:LNG), and the investment accounts for 0.11% of the fund’s 13F portfolio.

Wall Street sees material upside to Cheniere Energy, Inc. (NYSE:LNG). This October, Barclays analyst Marc Solecitto raised his price target on Cheniere Energy, Inc. (NYSE:LNG) to $200 from $186 and maintained an Overweight rating on the shares. On October 19, Jefferies analyst Sam Burwell started coverage of Cheniere Energy, Inc. (NYSE:LNG) with a Buy rating and a $210 price target.