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Sectors & IndustriesEnergyOil & Gas Midstream
Best Oil & Gas Midstream Stocks to Buy Now (2024)
Top oil & gas midstream stocks in 2024 ranked by overall Zen Score. See the best oil & gas midstream stocks to buy now, according to analyst forecasts for the oil & gas midstream industry.

Industry: Oil & Gas Midstream
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
FRO
FRONTLINE PLC
$5.95B$1.83B$1.06B$656.41M$2.9526.98%19.73%32.88%N/A
TNK
TEEKAY TANKERS LTD
$2.40B$1.31B$610.20M$489.07M$14.311.90%9.10%18.07%N/A2024-08-01
TNP
TSAKOS ENERGY NAVIGATION LTD
$914.38M$889.57M$524.12M$266.74M$9.043.39%10.92%50.17%N/A2024-06-20
LPG
DORIAN LPG LTD
$1.78B$560.72M$445.71M$307.45M$7.6343.87%28.82%77.03%N/A2024-07-31
DHT
DHT HOLDINGS INC
$1.89B$575.03M$316.41M$170.07M$1.0512.68%6.07%50.00%N/A2024-08-06
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$61.98B$52.03B$9.05B$5.60B$2.54-9.70%7.78%0.00%4.18%2024-07-30
TRMD
TORM PLC
$3.44B$1.58B$896.70M$672.50M$7.91-2.92%19.07%-8.45%N/A
INSW
INTERNATIONAL SEAWAYS INC
$3.06B$1.06B$727.52M$528.30M$10.780.83%27.02%-7.31%N/A2024-08-07
EURN
EURONAV NV
$3.17B$1.92B$1.56B$1.18B$5.8459.67%20.38%178.10%N/A2024-08-01
TK
TEEKAY CORP
$842.72M$1.41B$281.65M$156.51M$1.681.09%-4.97%34.40%N/A2024-08-01
MPLX
MPLX LP
$41.90B$11.41B$5.91B$3.91B$3.88-2.58%7.86%0.00%11.02%2024-07-30
WES
WESTERN MIDSTREAM PARTNERS LP
$14.96B$3.26B$2.37B$1.36B$3.561.02%5.70%28.06%18.40%2024-08-06
VNOM
VIPER ENERGY INC
$6.63B$864.13M$479.43M$209.48M$2.723.67%24.56%19.82%4.53%2024-07-29
ET
ENERGY TRANSFER LP
$52.91B$81.22B$11.65B$3.56B$1.09-8.10%7.98%-19.26%-2.07%2024-07-31
NVGS
NAVIGATOR HOLDINGS LTD
$1.21B$548.89M$288.52M$86.04M$1.1712.01%12.23%98.31%N/A
KNTK
KINETIK HOLDINGS INC
$6.26B$1.32B$657.77M$417.56M$5.416.42%67.96%325.98%64.80%2024-08-05
TRGP
TARGA RESOURCES CORP
$26.59B$16.10B$3.55B$1.10B$4.89-21.42%9.29%24.43%N/A2024-08-01
TRP
TC ENERGY CORP
$40.51B$11.77B$7.15B$1.97B$1.907.03%2.95%65.04%-9.37%2024-07-25
LNG
CHENIERE ENERGY INC
$36.16B$17.34B$9.20B$4.95B$20.74-47.86%16.71%-33.72%83.75%2024-08-01
STNG
SCORPIO TANKERS INC
$4.05B$1.35B$944.98M$567.85M$11.27-23.97%16.64%-31.41%N/A2024-07-31
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$113.59M$159.51M$68.17M$52.06M$1.661.39%N/A-61.66%N/A
OKE
ONEOK INC
$46.70B$17.94B$4.83B$2.25B$4.24-16.43%7.89%-20.30%7.38%2024-08-05
GLP
GLOBAL PARTNERS LP
$1.70B$16.61B$335.16M$91.60M$2.70-9.78%5.26%-72.97%14.20%2024-08-02
DLNG
DYNAGAS LNG PARTNERS LP
$143.53M$160.48M$107.24M$35.85M$0.6621.89%4.77%-42.61%N/A2024-06-18
MARPS
MARINE PETROLEUM TRUST
$8.12M$1.13MN/A$801.10k$0.40-38.02%-2.75%-48.05%3.92%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$608.66M$455.58M$240.65M$64.96M$0.85-4.41%5.24%88.89%43.44%2024-08-05
WMB
WILLIAMS COMPANIES INC
$50.53B$10.60B$7.19B$2.88B$2.38-8.03%4.14%11.74%N/A2024-07-31
CQP
CHENIERE ENERGY PARTNERS LP
$23.75B$9.04B$4.49B$3.00B$4.63-46.16%6.56%-32.80%12.32%2024-08-01
ENB
ENBRIDGE INC
$75.84B$31.10B$11.72B$4.03B$1.94-14.02%-2.17%126.91%3.98%2024-08-02
FLNG
FLEX LNG LTD
$1.47B$368.78M$320.13M$136.73M$2.550.81%35.31%-8.60%56.69%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.05B$48.37B$2.59B$818.00M$1.17-13.61%7.28%-23.03%-20.61%2024-08-02
EE
EXCELERATE ENERGY INC
$1.82B$1.15B$249.20M$29.89M$1.14-45.13%N/A48.05%N/A
ENLC
ENLINK MIDSTREAM LLC
$6.04B$6.78B$1.14B$162.50M$0.35-25.34%-2.55%-56.79%N/A2024-07-30
PBA
PEMBINA PIPELINE CORP
$20.48B$6.11B$2.36B$1.25B$2.29-16.68%1.81%-35.73%6.44%2024-08-01
ETRN
EQUITRANS MIDSTREAM CORP
$6.21B$1.38B$1.24B$394.03M$0.91-0.72%-1.81%N/A3.67%2024-07-30
PAGP
PLAINS GP HOLDINGS LP
$3.58B$48.37B$1.74B$171.00M$0.87-13.61%7.28%-20.18%-20.90%2024-08-02
DTM
DT MIDSTREAM INC
$6.69B$942.00M$854.00M$400.00M$4.121.84%N/A7.57%N/A
AM
ANTERO MIDSTREAM CORP
$7.05B$1.06B$876.20M$389.21M$0.8110.45%81.35%17.39%21.98%2024-07-24
BANL
CBL INTERNATIONAL LTD
$24.98M$435.90M$1.98M$1.14M$0.05-5.83%N/A-73.68%N/A
GEL
GENESIS ENERGY LP
$1.63B$3.16B$663.97M$42.10M$0.347.09%2.37%N/AN/A2024-08-01
MMLP
MARTIN MIDSTREAM PARTNERS LP
$128.31M$734.26M$116.81M$3.72M$0.10-25.40%-5.39%N/A-32.43%2024-07-17
KMI
KINDER MORGAN INC
$43.94B$15.29B$7.28B$2.46B$1.09-18.66%1.55%-2.68%9.90%2024-07-17
HESM
HESS MIDSTREAM LP
$7.82B$1.40B$569.00M$142.50M$2.2210.36%13.43%11.00%11.47%2024-07-24
GLNG
GOLAR LNG LTD
$2.90B$298.43M$5.39M-$46.79M-$0.4411.46%-7.07%N/AN/A2024-08-08
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$347.79M$465.28M$364.47M$81.39M$7.7520.55%-2.23%N/AN/A2024-08-07
PBT
PERMIAN BASIN ROYALTY TRUST
$572.36M$29.92MN/A$28.73M$0.62-46.19%2.13%-47.01%2.42%2024-08-07
NGL
NGL ENERGY PARTNERS LP
$728.82M$6.96B$411.30M-$283.12M-$2.14-19.99%-4.35%N/AN/A2024-08-07
BROG
BROOGE ENERGY LTD
$115.07MN/AN/AN/AN/AN/AN/AN/AN/A

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best oil & gas midstream stocks to buy right now are:

1. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) is the top oil & gas midstream stock with a Zen Score of 62, which is 25 points higher than the oil & gas midstream industry average of 37. It passed 24 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 82.4% over the past year, overperforming other oil & gas midstream stocks by 50 percentage points.

Frontline has an average 1 year price target of $26.10, a downside of -2.39% from Frontline's current stock price of $26.74.

Frontline stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Frontline, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Teekay Tankers (NYSE:TNK)


Teekay Tankers (NYSE:TNK) is the second best oil & gas midstream stock with a Zen Score of 61, which is 24 points higher than the oil & gas midstream industry average of 37. It passed 23 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock return 92.05% over the past year, overperforming other oil & gas midstream stocks by 59 percentage points.

Teekay Tankers has an average 1 year price target of $76.00, an upside of 8.42% from Teekay Tankers's current stock price of $70.10.

Teekay Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Teekay Tankers, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Tsakos Energy Navigation (NYSE:TNP)


Tsakos Energy Navigation (NYSE:TNP) is the third best oil & gas midstream stock with a Zen Score of 59, which is 22 points higher than the oil & gas midstream industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Tsakos Energy Navigation has seen its stock return 85.57% over the past year, overperforming other oil & gas midstream stocks by 53 percentage points.

Tsakos Energy Navigation has an average 1 year price target of $30.00, a downside of -3.19% from Tsakos Energy Navigation's current stock price of $30.99.

Tsakos Energy Navigation stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Tsakos Energy Navigation, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the oil & gas midstream stocks with highest dividends?

Out of 37 oil & gas midstream stocks that have issued dividends in the past year, the 3 oil & gas midstream stocks with the highest dividend yields are:

1. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) has an annual dividend yield of 15.59%, which is 10 percentage points higher than the oil & gas midstream industry average of 5.28%. Torm's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Torm's dividend has shown consistent growth over the last 10 years.

Torm's dividend payout ratio of 73.1% indicates that its high dividend yield is sustainable for the long-term.

2. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) has an annual dividend yield of 10.09%, which is 5 percentage points higher than the oil & gas midstream industry average of 5.28%. Euronav Nv's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Euronav Nv's dividend has not shown consistent growth over the last 10 years.

Euronav Nv's dividend payout ratio of 36.3% indicates that its high dividend yield is sustainable for the long-term.

3. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) has an annual dividend yield of 9.11%, which is 4 percentage points higher than the oil & gas midstream industry average of 5.28%.

Dorian Lpg's dividend payout ratio of 52.4% indicates that its high dividend yield is sustainable for the long-term.

Why are oil & gas midstream stocks up?

Oil & gas midstream stocks were up 1.03% in the last day, and up 0.23% over the last week.

We couldn't find a catalyst for why oil & gas midstream stocks are up.

What are the most undervalued oil & gas midstream stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued oil & gas midstream stocks right now are:

1. Plains All American Pipeline (NASDAQ:PAA)


Plains All American Pipeline (NASDAQ:PAA) is the most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Plains All American Pipeline has a valuation score of 71, which is 37 points higher than the oil & gas midstream industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 30.42% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -2 percentage points.

2. Tsakos Energy Navigation (NYSE:TNP)


Tsakos Energy Navigation (NYSE:TNP) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Tsakos Energy Navigation has a valuation score of 71, which is 37 points higher than the oil & gas midstream industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 85.57% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 53 percentage points.

3. Overseas Shipholding Group (NYSE:OSG)


Overseas Shipholding Group (NYSE:OSG) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Overseas Shipholding Group has a valuation score of 71, which is 37 points higher than the oil & gas midstream industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Overseas Shipholding Group's stock has gained 120.05% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 87 percentage points.

Are oil & gas midstream stocks a good buy now?

47.06% of oil & gas midstream stocks rated by analysts are a strong buy right now. On average, analysts expect oil & gas midstream stocks to rise by 9.01% over the next year.

What is the average p/e ratio of the oil & gas midstream industry?

The average P/E ratio of the oil & gas midstream industry is 15.04x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.