Top 5 Energy Sector Stocks for 2021

2. Exxon Mobil Corporation (NYSE: XOM)

ExxonMobil is one of the top 10 energy sector stocks for 2021. Hedge funds are loading up on XOM, as 63 hedge funds tracked by Insider Money moved into 2021 with XOM in their portfolios, up from 52 funds a quarter earlier. Jean-Marie Eveillard’s First Eagle Investment Management owns $1.1 million worth of XOM shares, while Irving Kahn’s Kahn Brothers has a $666 million stake in the oil company.

Oil prices nudged higher this week as U.S. supplies dropped amid extreme winter conditions and demand continued to rise as the economy comes back to normal.