Ken Fisher’s Top 5 Energy Stock Picks

4. ConocoPhillips (NYSE:COP)

Fisher Investments’ Q2 2023 Stake: $742.9 million

ConocoPhillips (NYSE:COP) is a global oil and gas production company with a presence on several continents. The firm is currently looking to aggressively expand its presence in Canada, by acquiring an oil facility for a whopping $3 billion.

Ken Fisher’s Fisher Investments owns 7.1 million shares of the oil company, allowing it to own a $742 million stake. Along with his firm, 62 of the 910 hedge funds part of Insider Monkey’s second quarter of 2023 research have also invested in ConocoPhillips (NYSE:COP). Natixis Global Asset Management’s Harris Associates is the company’s biggest hedge fund shareholder, courtesy of its $1.5 billion stake.

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