10 Best LNG and LNG Shipping Stocks to Buy According to Analysts

7. Chevron Corporation (NYSE:CVX)

Average Upside Potential: 11.34%

Number of Hedge Fund Holders: 81

Chevron Corporation (NYSE:CVX) is one of the biggest energy companies with operations in the upstream and downstream segments in the U.S. and globally. The company has control over an extensive transportation system for natural gas and crude oil, which includes pipelines and storage facilities. Furthermore, the company has LNG projects as well, such as the Angola LNG and the Mafumeira Sul.

Chevron Corporation (NYSE:CVX) reported adjusted earnings of $3.6 billion for the quarter ended December 31, 2024. It reported an increase of 7% in full-year production, supported by an 18% increase in Permian Basin production. As a result, the company was able to return a record $27 billion to shareholders, and reduce its share count by 10% in the past two years, owing to record output, especially from the Permian Basin.

Furthermore, its strong financial position is also reflected by its net-debt ratio of 10% at year-end. However, financials were also negatively impacted by restructuring charges and asset sales, hindering its cash flow in the short term. Chevron Corporation’s (NYSE:CVX) projects like Angola LNG and Mafumeira Sul are crucial to its LNG portfolio, adding to its growth potential, and enabling them to meet growing demand.

The company’s focus toward such LNG initiatives strengthens its ability to secure long-term contracts, supplementing a steady revenue stream. It is also generating revenue from its new energies business, with over $600 million coming through sales of bio-based diesel.

Chevron Corporation (NYSE:CVX) also has stakes in Australia’s Gorgon LNG, Wheatstone LNG, and Angola LNG, keeping up with its expansion goals. Thus, such efforts, coupled with strong cash positions, allow Chevron to be among the 10 Best LNG and LNG Shipping Stocks to Buy.