5 High Growth Energy Stocks To Buy

2. Eni S.p.A. (NYSE:E)

Number of Hedge Fund Holders: 6

Quarterly Revenue Growth YoY as of September 29, 2022: 95.10%

Eni S.p.A. (NYSE:E) was founded in 1953 and is headquartered in Rome, Italy. The company engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production, Global Gas & LNG Portfolio, Refining & Marketing and Chemicals, Plenitude and Power, and Corporate and Other activities segments. Eni S.p.A. (NYSE:E) is one of the top high growth energy stocks to invest in, with year-over-year quarterly revenue growth of 95% as of September 29, 2022. 

Morgan Stanley analyst Martijn Rats on January 23 raised the firm’s price target on Eni S.p.A. (NYSE:E) to EUR 16.50 from EUR 15.80 and maintained an Equal Weight rating on the shares.

According to Insider Monkey’s third quarter database, 6 hedge funds were bullish on Eni S.p.A. (NYSE:E), compared to 8 funds in the prior quarter. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the largest stakeholder of the company, with 2.4 million shares worth $51.3 million. 

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