5 Small-Cap Energy Stocks with Strong Returns

In this piece, we will take a look at five small-cap energy stocks with strong returns. If you want to take a deeper look at the energy industry, then check out 10 Small-Cap Energy Stocks with Strong Returns.

5. Natural Resource Partners L.P. (NYSE:NRP)

1-Year Share Price Appreciation: 95.92%

Natural Resource Partners L.P. (NYSE:NRP) is a Texas based company that owns rights in several energy producing properties and is known for its presence in the thermal coal industry. For its third quarter, the firm reported $63.8 million in net income and announced a 75 cent distribution per share to shareholders.

By the end of last year’s third quarter, five out of the 910 hedge funds covered by Insider Monkey had bought Natural Resource Partners L.P. (NYSE:NRP)’s shares. Steven Tananbaum’s GoldenTree Asset Management was the firm’s largest hedge fund investor due to its $42.7 million stake.

4. Dorian LPG Ltd. (NYSE:LPG)

1-Year Share Price Appreciation: 175%

Dorian LPG Ltd. (NYSE:LPG) is a liquefied petroleum gas (LPG) transportation company with more than two dozen ocean tankers in its fleet. The firm has beaten analyst EPS estimates in three out of its four latest quarters and the shares are rated Buy on average.

As of September 2023 end, 16 out of the 910 hedge funds profiled by Insider Monkey were the firm’s shareholders. Dorian LPG Ltd. (NYSE:LPG)s biggest hedge fund investor is Jim Simons’ Renaissance Technologies as it owns $9.2 million worth of shares.

3. Geospace Technologies Corporation (NASDAQ:GEOS)

1-Year Share Price Appreciation: 208.84%

Geospace Technologies Corporation (NASDAQ:GEOS) is a technology company that provides oil exploration companies with the tools that enable them to map out reservoirs for operations. The firm’s fiscal year 2023 was an important one as it not only saw Geospace Technologies Corporation (NASDAQ:GEOS) turn a loss into a profit but also reported its highest revenue in over a decade.

During last year’s September quarter, four out of the 910 hedge funds covered by Insider Monkey’s research had invested in Geospace Technologies Corporation (NASDAQ:GEOS). Paul Marshall And Ian Wace’s Marshall Wace LLP was the largest shareholder due to its $662,613 stake.

2. NGL Energy Partners LP (NYSE:NGL)

1-Year Share Price Appreciation: 301.49%

NGL Energy Partners LP (NYSE:NGL) is a midstream energy company that transports oil from production sites to refineries. A slowdown in the energy industry over the past year hasn’t boded well for the firm as it has missed analyst EPS estimates in three out of its four latest quarters.

After scouring through 910 hedge fund holdings for their third quarter of 2023 investments, Insider Monkey found that two had bought the firm’s shares. NGL Energy Partners LP (NYSE:NGL)’s biggest investor in our database is Phil Frohlich’s Prescott Group Capital Management as it has invested $207,000 in the company.

1. Prairie Operating Co. (NASDAQ:PROP)

1-Year Share Price Appreciation: 344%

Prairie Operating Co. (NASDAQ:PROP) is a relatively younger firm when it comes to rebranding as it changed its name from Creek Road Miners to the current form in May 2023. The firm has rights to tens of thousands of acres of land in the DJ Basin in Colorado. After the Permian Basin that we mentioned in our intro, the DJ Basin is seeing significant interest from large and small firms. For instance, Chevron Corporation (NYSE:CVX) expanded its presence in the area in August 2023 when it acquired PDC Energy for $6.3 billion to bring 275,000 acreage in the area under its wing.

As for Prairie Operating Co. (NASDAQ:PROP), the firm is making big moves as in December its shares finally started to trade on the NASDAQ exchange. This will improve capital acquisition prospects, allowing the company to maintain a solid footing in its highly lucrative operations zone.

You can also take a look at These Dow Stocks Will Boost Their Dividends Soon and These Stocks under $10 Are Poised To Explode.

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