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Sectors & IndustriesUtilitiesUtilities - Regulated Gas
Best Gas Stocks to Buy Now (2022)
Top gas stocks in 2022 ranked by overall Zen Score. See the best gas stocks to buy now, according to analyst forecasts for the utilities - regulated gas industry.

Industry: Utilities - Regulated Gas
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
UGI
UGI CORP
NYSE
Utilities - Regulated Gas
$6.77B$32.33-1.82%$2.68B5.00x1.85
ATO
ATMOS ENERGY CORP
NYSE
Utilities - Regulated Gas
$14.25B$101.85-2.68%$1.44B18.59x1.34
NFE
NEW FORTRESS ENERGY INC
NASDAQ
Utilities - Regulated Gas
$9.07B$43.71-1.83%$412.44M42.03x2.75
SPH
SUBURBAN PROPANE PARTNERS LP
NYSE
Utilities - Regulated Gas
$947.95M$15.05-1.31%$304.85M5.36x2.74
CPK
CHESAPEAKE UTILITIES CORP
NYSE
Utilities - Regulated Gas
$2.05B$115.39-2.31%$218.80M22.85x1.60
NJR
NEW JERSEY RESOURCES CORP
NYSE
Utilities - Regulated Gas
$3.72B$38.70-2.54%$487.28M16.90x2.48
CNP
CENTERPOINT ENERGY INC
NYSE
Utilities - Regulated Gas
$17.74B$28.18-2.29%$3.81B11.36x2.61
NI
NISOURCE INC
NYSE
Utilities - Regulated Gas
$10.23B$25.19-3.00%$1.99B15.08x2.39
SWX
SOUTHWEST GAS HOLDINGS INC
NYSE
Utilities - Regulated Gas
$4.67B$69.75-2.32%$767.08M28.47x2.74
SR
SPIRE INC
NYSE
Utilities - Regulated Gas
$3.27B$62.33-2.64%$622.40M15.94x2.44
OGS
ONE GAS INC
NYSE
Utilities - Regulated Gas
$3.81B$70.39-2.57%$600.35M17.96x2.43
NWN
NORTHWEST NATURAL HOLDING CO
NYSE
Utilities - Regulated Gas
$1.51B$43.38-3.41%$300.06M17.35x2.35
RGCO
RGC RESOURCES INC
NASDAQ
Utilities - Regulated Gas
$206.52M$21.06-0.33%-$14.48M-8.74x1.83
BIPC
BROOKFIELD INFRASTRUCTURE CORP
NYSE
Utilities - Regulated Gas
$4.57B$40.70-2.05%$1.04BN/A-5.66
1

Gas Stocks FAQ

What are the best gas stocks to buy right now in Oct 2022?

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

1. Ugi (NYSE:UGI)


Ugi (NYSE:UGI) is the top gas stock with a Zen Score of 52, which is 16 points higher than the gas industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Ugi has seen its stock lose -24.14% over the past year, underperforming other gas stocks by -29 percentage points.

Ugi has an average 1 year price target of $40.00, an upside of 23.72% from Ugi's current stock price of $32.33.

Ugi stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Ugi, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Atmos Energy (NYSE:ATO)


Atmos Energy (NYSE:ATO) is the second best gas stock with a Zen Score of 47, which is 11 points higher than the gas industry average of 36. It passed 17 out of 38 due diligence checks and has strong fundamentals. Atmos Energy has seen its stock return 15.48% over the past year, overperforming other gas stocks by 11 percentage points.

Atmos Energy has an average 1 year price target of $125.71, an upside of 23.43% from Atmos Energy's current stock price of $101.85.

Atmos Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Atmos Energy, 55.56% have issued a Strong Buy rating, 11.11% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. New Fortress Energy (NASDAQ:NFE)


New Fortress Energy (NASDAQ:NFE) is the third best gas stock with a Zen Score of 46, which is 10 points higher than the gas industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. New Fortress Energy has seen its stock return 57.51% over the past year, overperforming other gas stocks by 53 percentage points.

New Fortress Energy has an average 1 year price target of $55.33, an upside of 26.59% from New Fortress Energy's current stock price of $43.71.

New Fortress Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering New Fortress Energy, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the gas stocks with highest dividends?

Out of 14 gas stocks that have issued dividends in the past year, the 3 gas stocks with the highest dividend yields are:

1. Suburban Propane Partners (NYSE:SPH)


Suburban Propane Partners (NYSE:SPH) has an annual dividend yield of 8.64%, which is 5 percentage points higher than the gas industry average of 3.85%. Suburban Propane Partners's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Suburban Propane Partners's dividend has not shown consistent growth over the last 10 years.

Suburban Propane Partners's dividend payout ratio of 46.3% indicates that its high dividend yield is sustainable for the long-term.

2. Brookfield Infrastructure (NYSE:BIPC)


Brookfield Infrastructure (NYSE:BIPC) has an annual dividend yield of 6.1%, which is 2 percentage points higher than the gas industry average of 3.85%.

3. Northwest Natural Holding Co (NYSE:NWN)


Northwest Natural Holding Co (NYSE:NWN) has an annual dividend yield of 4.45%, which is 1 percentage points higher than the gas industry average of 3.85%. Northwest Natural Holding Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Northwest Natural Holding Co's dividend has shown consistent growth over the last 10 years.

Northwest Natural Holding Co's dividend payout ratio of 77.2% indicates that its dividend yield is sustainable for the long-term.

Why are gas stocks down?

Gas stocks were down -2.38% in the last day, and down -8.2% over the last week.

We couldn't find a catalyst for why gas stocks are down.

What are the most undervalued gas stocks?

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

1. Suburban Propane Partners (NYSE:SPH)


Suburban Propane Partners (NYSE:SPH) is the most undervalued gas stock based on WallStreetZen's Valuation Score. Suburban Propane Partners has a valuation score of 71, which is 31 points higher than the gas industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Suburban Propane Partners's stock has dropped -1.95% in the past year. It has underperformed other stocks in the gas industry by -6 percentage points.

2. Spire (NYSE:SR)


Spire (NYSE:SR) is the second most undervalued gas stock based on WallStreetZen's Valuation Score. Spire has a valuation score of 57, which is 17 points higher than the gas industry average of 40. It passed 4 out of 7 valuation due diligence checks.

Spire's stock has gained 1.88% in the past year. It has underperformed other stocks in the gas industry by -3 percentage points.

3. Centerpoint Energy (NYSE:CNP)


Centerpoint Energy (NYSE:CNP) is the third most undervalued gas stock based on WallStreetZen's Valuation Score. Centerpoint Energy has a valuation score of 43, which is 3 points higher than the gas industry average of 40. It passed 3 out of 7 valuation due diligence checks.

Centerpoint Energy's stock has gained 14.55% in the past year. It has overperformed other stocks in the gas industry by 10 percentage points.

Are gas stocks a good buy now?

42.86% of gas stocks rated by analysts are a strong buy right now. On average, analysts expect gas stocks to rise by 22.34% over the next year.

What is the average p/e ratio of the utilities - regulated gas industry?

The average P/E ratio of the utilities - regulated gas industry is 17.25x.
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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.