10 energy stocks to buy now according to SailingStone Capital Partners

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In this article, we will discuss 10 energy stocks to buy now according to SailingStone Capital Partners. You can skip our in-depth analysis of SailingStone Capital Partners’ 13F portfolio and go straight to 5 energy stocks to buy now according to SailingStone Capital Partners.

SailingStone Capital Partners is an investment advisory firm and hedge fund with a portfolio value of $395 million. The fund is managed by Mackenzie B. Davis and Kenneth L. Settles Jr.

The investment philosophy employed at SailingStone Capital Partners is an unorthodox blend of modern and traditional investment approaches and value investing. Antero Resources Corporation (NYSE:AR), NextEra Energy, Inc. (NYSE: NEE) and Cheniere Energy, Inc. (NYSE: LNG).

As for Antero Resources Corporation (NYSE:AR), SailingStone Capital Partners owns 6.1 million shares of the company in the third quarter of 2021.

On the other hand, SailingStone Capital Partners owns 119,469 shares of NextEra Energy, Inc. (NYSE:NEE). These shares represent 2.3% of the fund’s portfolio. It is an American company with 58 Giga-Watts of power generation capacity. On Dec. 8, BMO Capital analyst James Thalacker raised NextEra Energy, Inc.’s (NYSE:NEE) price target to $98 from $89 and maintained an “outperform” rating on the stock. .

Besides these, there are 7 other energy stocks in which SailingStone Capital Partners invests and which are described below.

10 energy stocks to buy now according to SailingStone Capital Partners

Our Methodology:

We selected these stocks from SailingStone Capital’s Q3 portfolio.

10. Hudbay Minerals Inc. (NYSE:HBM)

Value of SailingStone Capital Partners stake: $15,400 Percentage of SailingStone Capital Partners’ 13F portfolio: 0.03% Number of hedge fund holders: 13

Number 10 on SailingStone Capital Partners’ list of 10 energy stocks to buy now is HBM stock. Hudbay Minerals Inc. (NYSE: HBM) is a Canadian mining company specializing in the mining and processing of copper and zinc concentrates widely used in batteries. The company is headquartered in Toronto, Ontario.

SailingStone Capital Partners owns 19,510 shares of the company as of Q3 2021. The company’s largest shareholder is Capital GMT with 31.7 million shares. SailingStone Capital Partners has significantly reduced its stake in Hudbay Minerals Inc. (NYSE:HBM) over the years. He owned shares worth $136 million in the fourth quarter of 2014 and the stake fell to just $15,400.

9. Rio Tinto Group (NYSE:Rio)

Value of SailingStone Capital Partners stake: $2.6 million Percentage of SailingStone Capital Partners’ 13F portfolio: 0.68% Number of hedge fund holders: 20

Rio Tinto Group (NYSE:RIO) is another mining company whose stock is on SailingStone Capital Partners’ list of 10 energy stocks to buy now. Rio Tinto Group (NYSE: RIO) is a multinational corporation headquartered in London. It is a key player in the energy industry due to its extraction of elements like copper and uranium, the latter being a rare and very powerful source of energy.

SailingStone Capital Partners owns 40,319 shares of Rio Tinto Group (NYSE: RIO) after a 26% decline in its stake in the third quarter of 2021. On December 21, Rio Tinto signed a contract to begin the acquisition of the Rincon lithium project in Argentina for $825. million from Rincon Mining, a mining company owned by funds managed by the private equity group known as Sentient Equity Partners.

8. NextEra Energy, Inc. (NYSE:BORN)

Value of SailingStone Capital Partners stake: $9.3 million Percentage of SailingStone Capital Partners’ 13F portfolio: 2.37% Number of hedge fund holders: 53

NEE stock is one of the most popular stocks to make the list of 10 energy stocks to buy now according to SailingStone Capital Partners. SailingStone Capital Partners owns 119,469 shares of NextEra Energy, Inc. (NYSE:NEE) in Q3 2021.

On Dec. 8, BMO Capital analyst James Thalacker raised NextEra Energy, Inc.’s (NYSE:NEE) price target to $98 from $89 and maintained the stock’s “outperform” rating. .

7. Cheniere Energy, Inc. (NYSE:LNG)

Value of SailingStone Capital Partners stake: $9.6 million Percentage of SailingStone Capital Partners’ 13F portfolio: 2.44% Number of hedge fund holders: 49

Cheniere Energy, Inc. (NYSE: LNG) is an American company based in Houston that specializes in liquefied natural gas. SailingStone Capital Partners owns 98,970 shares of the company in Q3 2021.

On Dec. 13, Cowen analyst Jason Gabelman raised Cheniere Energy, Inc.’s (NYSE:LNG) price target to $130 from $120 and maintained the “Outperform” rating on the stock. The analyst sees Cheniere Energy, Inc. (NYSE:LNG) offering relatively better risk/reward in its hedge space in 2022 with upside potential of 30% but only very limited downside.

6. Linde plc (NYSE:LINEN)

Value of SailingStone Capital Partners stake: $10 million Percentage of SailingStone Capital Partners’ 13F portfolio: 2.53% Number of hedge fund holders: 46 Linde plc (NYSE: LIN) is a multinational industrial gas company. In fact, it is the world’s largest industrial gas company by market capitalization. The company was founded in Germany and is headquartered in the UK. SailingStone Capital Partners owns 34,131 shares of the company in the third quarter of 2021. Linde plc (NYSE:LIN) posted third-quarter revenue of $7.67 billion with EPS of $2.73 that topped analysts estimate $0.07. On Dec. 9, Wolfe Research analyst Josh Silverstein raised Linde plc’s (NYSE:LIN) price target to $404 from $338 and assigned an “outperform relative to Peer Perform” rating on the actions. Linde plc (NYSE:LIN) is also a top company the hedge fund has invested in outside of Antero Resources Corporation (NYSE: AR), NextEra Energy, Inc. (NYSE: NEE) and Cheniere Energy, Inc. (NYSE: LNG). Click to continue reading and see the 5 energy stocks to buy now according to SailingStone Capital Partners. Suggested items:

Disclosure: none. 10 energy stocks to buy now according to SailingStone Capital Partners is originally published on Insider Monkey.


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