5 Best Pipeline and MLP Stocks To Buy

1. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Holders: 49 

Cheniere Energy, Inc. (NYSE:LNG) is an American MLP, which owns one of the largest liquid natural gas (NLG) terminals in Louisiana, U.S., making it one of the best pipeline and MLP stocks to buy now.  

In Q2 2021, Cheniere Energy, Inc. (NYSE:LNG) reported revenue of $3.02 billion, showcasing a 25.8% year-over-year growth. The company’s adjusted EBITDA for the quarter stood at $1 billion. For FY21, Cheniere Energy, Inc. (NYSE:LNG) raised its guidance of adjusted EBITDA between $4.6 billion to $4.9 billion due to improved market margins and growth in production. Recently, Evercore ISI lifted its price target on Cheniere Energy, Inc. (NYSE:LNG) to $130, while keeping an ‘Outperform’ rating on the shares.

As of Q2 2021, 49 hedge funds tracked by Insider Monkey have positions in Cheniere Energy, Inc. (NYSE:LNG), compared with 40 in the previous quarter. The total value of these stakes is over $2.94 billion. 

You can also take a look at 11 Best Clean Energy Stocks To Buy and 10 Fastest Growing Energy Source in 2020

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