8 Most Profitable Natural Gas Stocks To Invest In

1. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Investors: 86

5-Year Net Income CAGR: 18.13%

TTM Net Income: $33.70 Billion

Exxon Mobil Corporation (NYSE:XOM), founded in 1870 and headquartered in Spring, Texas, is one of the largest international oil and gas companies. The company focuses on gas through its Upstream segment, which involves searching for and extracting crude oil and natural gas both in the United States and internationally.

Exxon Mobil Corporation (NYSE:XOM) is advancing plans for a Gas to Energy Project in collaboration with the Government of Guyana. This initiative aims to harness natural gas from the company’s offshore operations in the Liza Phase 1 and 2 fields. The project involves constructing a pipeline to transport approximately 50 million standard cubic feet of natural gas per day from these offshore sites to onshore gas processing facilities. As of Q3, the company has completed the tie-ins for the Gas-to-Energy project. Once the government completes the associated power plant, this project will provide electricity that is significantly cheaper, cleaner, and more reliable.

Exxon Mobil Corporation (NYSE:XOM) is also leveraging its technological advancements and operational excellence to optimize gas production and reduce environmental impact. Furthermore, the company is expanding its gas portfolio through strategic investments and partnerships. Exxon Mobil Corporation (NYSE:XOM) is continuously exploring new opportunities in regions with high gas potential, such as the Middle East, Africa, and Asia-Pacific. The company is also committed to innovation and research to enhance gas recovery and processing techniques and is investing in advanced technologies, such as carbon capture and storage (CCS) and methane emission reduction, to make gas operations more sustainable and environmentally friendly.

While we acknowledge the potential of Exxon Mobil Corporation (NYSE:XOM) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than XOM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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