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

2. ConocoPhillips (NYSE:COP)

Number of Hedge Fund Holders: 66

As one of the world’s largest independent E&P companies, ConocoPhillips (NYSE:COP) manages a diverse portfolio of gas flow operations. The company also has a 60-year history of leadership in LNG and LNG technology.

ConocoPhillips (NYSE:COP) managed to substantially increase its production in Q4 2024, rising 14.8% YoY to 2,183 thousand barrels of oil equivalent per day. However, the declining international prices took their toll and COP’s average realized price per barrel of oil equivalent fell to $52.37, down from the previous year. As a result, the company reported a revenue of $14.7 billion, down 3.72% YoY but still beating analysts’ estimates by over $514 million. COP still remains committed to its shareholders and distributed $9.1 billion in 2024 through dividends and share buybacks. The company has significantly enhanced its ability to produce cash by closing its $22.5 billion acquisition of Marathon in late November and aims to return $10 billion in 2025.

ConocoPhillips (NYSE:COP) has also progressed its LNG strategy through additional regasification and sales agreements in Europe and Asia. The company owns interests in LNG production facilities in Qatar and Australia and also signed a deal last year to book long-term capacity at the Fluxys-operated Zeebrugge LNG import terminal in Belgium.

Shares of ConocoPhillips (NYSE:COP) were held by 66 hedge funds at the end of Q3 2024, with Fisher Asset Management holding the largest stake valued at over $1.36 billion.