3. Shell plc (NYSE:SHEL)
Latest 12 Month Revenue Estimate: $42.3 billion
Shell plc (NYSE:SHEL) is another oil and gas major. Like Chevron and Total, it also operates in all segments of the oil supply chain. Shell explores and produces crude oil, refines it, transports and markets it, and also sells it at the pump. The firm also has a renewable energy division and it sells liquefied natural gas (LNG) too.
After digging through 943 hedge funds for their first quarter of 2023 shareholdings, Insider Monkey discovered that 41 had bought and invested in Shell plc (NYSE:SHEL)’s shares. Its largest hedge fund investor is Ken Fisher’s Fisher Asset Management since it owns 21 million shares that are worth $1.2 billion.
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