10 Best Liquefied Natural Gas (LNG) Stocks to Buy in 2025

3. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 63

A leader in energy for over 140 years, Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Such a high level of diversification helps soften the impacts of the energy sector’s ups and downs on the company’s results.

Chevron Corporation (NYSE:CVX) had another strong year in 2024 as it reported record production both globally and in the United States and achieved several major milestones including delivering key project start-ups in the ‘Gulf of America’. The company is also making progress in its new energy business and sold over 20 million barrels of bio-based diesel and advanced foundational projects in CCUS and hydrogen during the year. Moreover, Chevron returned a record $27 billion in cash to shareholders through dividends and buybacks last year and announced a 5% increase in its quarterly dividend to $1.71 per share, marking the 38th consecutive year with an annual increase to dividend payment per share.

Chevron Corporation (NYSE:CVX) has various LNG production facilities and its fleet of specialized ships link worldwide LNG production and regasification facilities to create a safe, reliable, and efficient network to transport liquefied natural gas. However, the company doesn’t want to invest directly in US LNG export projects as it can monetize its gas production without having to convert it to LNG because of the country’s large midstream market. That said, Chevron still plans on benefiting from the American LNG output through sale and purchase agreements with LNG developers, hoping to export the gas to Europe. Just recently, it was announced that the oil and gas giant has signed a long-term sale and purchase agreement with Energy Transfer LNG to acquire 2 mtpa of LNG on a free-on-board basis for 20 years.