We recently released a list 13 Best Energy Stocks to Buy Now. In this article, we will explore the position of GE Vernova Inc. (NYSE:GEV) against other best energy stocks.
Recently, the global energy industry has been stunning by a variety of factors, including a trade war triggered by President Trump’s tariffs, the prospect of a global economic slowdown and the prospect of a sharp decline in crude oil prices. As a result, at the time of writing, the overall energy sector has fallen by 4.64% since the beginning of 2025, while the broader market has fallen by nearly 3.6%.
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The sharp decline in global crude oil prices is particularly severe, and so far there seems to be no sign of a reversal as supply is expected to increase while demand forecasts continue to decline. Oil prices for West Texas Intermediate Oil Price (WTI) fell to above $57 a barrel earlier this week, the latest level for Covid-19 Pandemic in 2021. But it has recovered slightly since then and is currently hovering around $61, which is around $61, which is caused by hope in romantic trading, which is a breakthrough between China and China between us in romantic trade talks. Still, low prices and higher costs have prompted many U.S. oil producers to brake into drilling new wells due to tariffs on steel and aluminum.
However, this cannot be said about natural gas and its liquefied state, and this is especially outstanding under the Trump administration. On the first day of his tenure, the president ordered the resumption of LNG export approvals and began revoking environmental regulations that slowed down projects. The United States is already the world's largest exporter of liquefied natural gas, with 1.2 billion cubic feet of outflows per day in 2024. Europe remains the main destination for LNG in the United States, accounting for more than 75% of total orders this year. Since the Putin administration invaded Ukraine in 2022, the continent has had to rely more on imported liquefied natural gas, less gas delivered through pipelines through Russia.
The expected ongoing AI boom is also an important growth factor for the gas industry, which has become a major competitor in powering data centers. These energy-intensive facilities may consume 9% of all energy generated in the U.S. by 2030, and this energy needs to come from a relatively clean, flexible and reliable source that is available in large quantities in the form of natural gas. Even if a quarter of data center load is expected to be provided by a generation of natural gas power generation, this will translate into a 2% increase in total U.S. gas demand in 2040, according to S&P Global Commodity Insights.
Natural gas prices have doubled since March 2024, providing a huge lifeline for the U.S. oil and gas industry in the last quarter, especially as profits from falling crude prices.
Large turbines generate power from natural gas, and smoke in the background is rising.
To collect the data from this article, we scanned the stock holding database of insider Monkey’s hedge funds and selected the top 13 companies in the energy sector with the largest number of hedge fund investors in the fourth quarter of 2024. Best energy stocks for hedge funds.
At Insider Monkey, we are addicted to the stocks accumulated by hedge funds. The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks quarterly, returning 275% since May 2014, exceeding 150 percentage points (See more details here).
Hedge Fund Holders: 111
GE Vernova Inc. (NYSE:GEV) brings together GE's energy portfolio, including electricity, wind, electrification and digital businesses. GEV's technical foundation has approximately 57,000 wind turbines and 7,000 gas turbines, which helps generate about 25% of the world's electricity and plays a meaningful role in transitioning to clean energy.
GE Vernova Inc. (NYSE:GEV) reported strong performance for Q1 2025, with adjusted EPS of $0.85 expected up to $0.48. The company's revenue also soared 10.63% to around $8 billion, and soared at $483 million behind the strength of its power and electrification units and surged by $483.8 million. GEV reported a total order for the quarter of $10.2 billion, up about 8%, with a total backlog of $123 billion. The energy company's nuclear business will also receive a significant boost as it recently received approval to build its first small modular nuclear reactor in Canada. Not surprisingly, in the IM database, there are 20 billionaire investors in the IM database, and the stock is included in the According to billionaires, 10 best nuclear energy stocks to buy.
GE Vernova Inc. (NYSE:GEV) reiterated its full-year guidance of $36 billion to $37 billion in revenue and high-digit EBITDA margins, but added that it includes a cost impact of $300 million to $400 million due to expenses.
Overall, GEV Ranked second On our list of the best energy stocks to buy now. Although we acknowledge the potential of GEV as an investment, our belief is that AI stocks have greater hope to provide higher returns and do so in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than GEV, but their earnings are trading at less than 5 times the price, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Inside monkey.