5 Best Energy Stocks to Buy Now

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1. Exxon Mobil Corporation (NYSE:XOM)

No. of Hedge Fund Holders: 72

Exxon Mobil Corporation (NYSE:XOM) is an oil and gas company. Exxon Corporation and Mobil Corporation joined together to form the company in 1999 and ever since then, the company has been very profitable. With the higher oil prices, the company earned $23 billion and it could earn even more in 2022 if analyst estimates are correct.

With 72 hedge funds in our database holding positions at the end of Q2, 2022, Exxon Mobil Corporation (NYSE:XOM) also ranks #1 on our list of 10 best energy stocks to buy now. Among them, GQG Partners is the biggest stakeholder of Exxon Mobil Corporation (NYSE:XOM) as of the second quarter of 2022, with more than 47 million shares worth more than $4 billion.

You can also take a peek at 10 Companies that Benefit From Crypto Mining and 10 New Penny Stocks Redditors are Buying.

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