5 Most Profitable Natural Gas Stocks

1. Public Joint Stock Company Gazprom (MCX:GAZP.ME)

Trailing Twelve Months Net Income: $27.4 billion (1RUB = 0.014USD)

Number of Hedge Fund Holders In Q3 2022: N/A

Public Joint Stock Company Gazprom (MCX:GAZP.ME) is a Russian company with the majority of its stake owned by the government. The firm is headquartered in St. Petersburg, and it is also one of the largest natural gas companies in the world. Public Joint Stock Company Gazprom (MCX:GAZP.ME)’s operations are primarily located in Serbia, and it has faced a difficult year in 2022 when the firm was sanctioned by the U.S. government due to Russia’s invasion of Ukraine.

Public Joint Stock Company Gazprom (MCX:GAZP.ME) entered into yet another bout of controversy in February 2023, when it was revealed that the firm’s subsidiary, Gazprom Neft, had created its own militia. Experts postulated that this was because it wanted to protect energy assets, as its NordStream pipeline was sabotaged in 2022. Others, however, weighed in and said the decision will contribute to Russia’s military power instead.

Disclosure: None. You can also take a look at 10 Hot Healthcare Stocks To Buy Now and Michael Burry Stock Portfolio: 10 Stocks He Sold.

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