5 Best Energy Stocks To Invest In According to Hedge Funds

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1. Exxon Mobil Corporation (NYSE:XOM)

Number of Q3 2023 Hedge Fund Shareholders: 79

Exxon Mobil Corporation (NYSE:XOM) is one of the biggest oil companies in the world, particularly in the private sector. The firm is creating a lot of controversy these days as its decision to sue climate activists is coming under fire from religious investors.

For their Q3 2023 shareholdings, 79 out of the 910 hedge funds covered by Insider Monkey’s research had held a stake in Exxon Mobil Corporation (NYSE:XOM). Jean-Marie Eveillard’s First Eagle Investment Management was the biggest shareholder since it owned $1.5 billion worth of shares.

Follow Exxon Mobil Corp (NYSE:XOM)

Disclosure: None. You can also take a look at 10 Best Cheap Car Insurance in California for 2024 and 15 Best Blue Chip Dividend Stocks To Buy.

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