5 Energy Stocks to Buy According to Billionaire David Harding

4. Southwestern Energy Company (NYSE:SWN)

Winton Capital’s Stake Value: $5.9 million

Percentage of Winton Capital’s 13F Portfolio: 0.31%

Number of Hedge Fund Holders: 47

Southwestern Energy Company (NYSE:SWN) is an oil, natural gas, and natural gas liquid explorer in the United States. The company has exploration sites in several U.S. states and access to billions of cubic feet of natural gas reserves. It is headquartered in Spring, Texas.

Southwestern Energy Company (NYSE:SWN)’s share price has grown by a strong 29% year to date, in stark comparison to indexes such as the New York Stock Exchange which has seen its value drop by an eye watering 21%. Its latest quarter saw the firm bring in $4 billion in revenue. Citi raised the company’s share price target to $10 from $8 in September 2022, stating that the firm will benefit from a strong operating environment in the coming quarters.

Mr. Harding’s hedge fund held a $5.9 million stake in Southwestern Energy Company (NYSE:SWN) as part of its investment portfolio for this year’s June quarter. Insider Monkey’s Q2 2022 survey of 895 funds saw 47 as having invested in the company.

Jim Simons’s Renaissance Technologies is Southwestern Energy Company (NYSE:SWN)’s largest investor. It owns 33 million shares that are worth $210 million.