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Ways to Invest in Natural Gas Updated

With an average target price of $100.06, analysts give PSX stock implied upside of 21% in the next 12 months or so. Add in the generous dividend, and the projected total return comes to more than 25%. Exxon Mobil Corporation, doing business as ExxonMobil, is an American oil and gas corporation with a history dating back over 135 years.

  • Companies with total returns over 2,500% were excluded as outliers.
  • Major players include Chesapeake Energy Corp., Antero Resources Corp., and Range Resources Corp.
  • The company bought Stagecoach Gas Services, a pipeline and storage network in the Northeast, for $1.22 billion.
  • Natural gas and oil companies’ three-year annualized total returns of about 11.5% were in line with the three-year annualized total return for the S&P 500 of about 15%.
  • However, it’s important to remember that natural gas stocks can be very volatile investments.
  • As countries like China and India continue to develop, their need for energy will grow, too.

If you’re looking for growing liquid natural gas stocks to add to your portfolio, Cheniere is a great option. Invest in stocks involved in its production, transportation and distribution. So, if you’re looking to invest in liquid natural gas stocks, here are the top six that you should keep your eye on in 2022. As U.S. natural gas prices moved toward record highs, U.S. crude oil futures slid on uncertainties around the revival of the 2015 Iran nuclear deal. An agreement would likely free Iran to resume oil exports, with an estimated capacity of about 2.5 million barrels per day. Even after beating the market by more than 50 percentage points for the year-to-date, analysts say the energy sector still sports a few oil and gas stocks with plenty of upside left to give.

Stocks Under $50 Worth Snapping up Right Now

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In addition, Enterprise Products Partners provides NGL transportation, fractionation, storage and import and export terminals. It further engages in crude oil gathering, transportation, storage and terminals, along with petrochemical and refined products transportation, storage and terminals, as well as a marine transportation business. Net income increased 137.7% year-over-year to $14.12 million in the fiscal first quarter ended March 31, 2022. Its non-GAAP EBITDA grew 184.9% from the year-ago value to $119.38 million, while its net income per share improved 140% year-over-year to $0.04. The company’s net cash provided by operating activities increased 147.6% from its year-ago value to $103.83 million.

best natural gas stocks

The NEADA estimates that defaulters owe utility companies at least $16 billion in total. Hanold expects the additional FCF to be used to reduce the company’s debt burden, which is a big positive for EQT stock. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Stockmarket.com and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.

What Is the Best Natural Gas Stock To Invest In?

Following the hottest stocks can be a good way to track what the market likes right now. You’ll end up chasing yesterday’s performers and miss out on tomorrow’s. But if you don’t have the time or willingness, you can still invest in energy stocks, even with a little knowledge.

  • Energy Information Administration, domestic natural gas consumption is expected to increase by 3.6 billion cubic feet per day this year, over last year’s levels.
  • ConocoPhillips donates millions of dollars each year to help people affected by disasters.
  • Analysts praise PSX’s financial strength, diversification and «long history of returning excess cash to shareholders» via buybacks and dividends.
  • However, there are a few other reasons for the increase in liquified natural gas stocks.

Its non-GAAP EBITDA grew 26.8% from the year-ago value to $972 million. Operating income for the quarter stood at $380 million, reflecting a 388.4% increase year-over-year. forex investing for beginners Moreover, its EPS was $0.64, up 966.7% from the prior-year quarter. With 51 years of consecutive dividend increases, National Fuel Gas qualifies to be a Dividend King.

AE’s total revenues increased 137.9% year-over-year to $774.25 million in the fiscal quarter ended March 31, 2022. Its operating earnings grew 111.6% from the year-ago value to $8.15 million. The company’s net earnings increased 116.9% year-over-year big data brings internet paranoia to the pop charts to $6.09 million over the period. Also, its EPS came in at $1.39, up 110.6% from the prior-year quarter. Diversification can help protect you from a company-specific risk , but it won’t protect you from industry-specific risk .

Keep Reading This Article and find out the Top Liquid Natural Gas Stock of 2022

On TipRanks, EQT commands a Strong Buy consensus rating based on 13 resounding Buys. EQT’s average price target currently stands at $60.92, with chances of moving 32.26% higher. Free Online Investing Workshop Join us for the Virtual Trading Summit and learn the fundamentals of smart investing! Make more money in stocks with 2 months of access to IBD Digital for only $20!

best natural gas stocks

Natural gas is often cooled to produce liquefied natural gas to reduce transport risk and allow for easier storage. This liquified natural stan weinsteins secrets for profit in bull and bear markets gas stock has been on an upward march since COVID-19 hit. But recent events have caused a surge in demand for liquified natural gas.

Crisis in Europe

Chesapeake Energy Corp is a US-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Now that you understand what to look for in a natural gas stock, let’s examine a few natural gas stocks that investors are keeping their eyes on. «While this company’s basically a toll road operator for energy, they’ve also got a number of irons in the fire for liquefied natural gas,» Cramer said.

Ordinarily, any time stocks move that far that fast, further upside becomes more limited. As future earnings get priced in and valuations become stretched, analysts grow increasingly cautious for good reasons. But Wall Street says at least a handful of oil and gas stocks still have plenty of room to run. Enbridge Inc is a highly diversified energy infrastructure company based in Calgary, Canada. It operates oil and gas pipelines throughout the U.S. and Canada, and derives a large part of its revenue from natural gas refining, transport and storage. Enbridge also operates in the renewable power generation sector, with wind, solar and geothermal generation assets.

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More Resources for the Stocks in this Article

The consensus EPS estimate of $3.46 for the fiscal year ending December 2022 represents a 25.8% improvement year-over-year. The consensus revenue estimate for the same period is expected to come in at $3.12 billion. The company has an A grade in Momentum and Value and a B in Quality. Street expects GTE’s EPS for the fiscal year ending December 2022 to improve 216.7% year-over-year to $0.38. The consensus revenue estimate of $779.67 million for the same period represents a 64.6% increase year-over-year. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website.

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