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

Industry: Oil & Gas E&P
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
GPRK
GEOPARK LTD
NYSE
Oil & Gas E&P
$429.89M$7.77-0.89%$436.35M3.98x4.70
VIST
VISTA ENERGY SAB DE CV
NYSE
Oil & Gas E&P
$4.77B$49.36-1.00%$1.05B9.15x1.29
SM
SM ENERGY CO
NYSE
Oil & Gas E&P
$4.61B$40.28-4.03%$1.87B5.61x0.98
REPX
RILEY EXPLORATION PERMIAN INC
NYSEMKT
Oil & Gas E&P
$560.09M$25.96-2.81%$241.98M5.29x1.05
PNRG
PRIMEENERGY RESOURCES CORP
NASDAQ
Oil & Gas E&P
$285.87M$163.19-1.07%$103.69M6.17x0.80
HES
HESS CORP
NYSE
Oil & Gas E&P
$42.44B$137.752.43%$6.35B15.94x1.39
FANG
DIAMONDBACK ENERGY INC
NASDAQ
Oil & Gas E&P
$31.36B$175.81-0.54%$6.53B9.09x0.98
DMLP
DORCHESTER MINERALS LP
NASDAQ
Oil & Gas E&P
$1.52B$32.010.19%$141.49M11.47x0.02
CTRA
COTERRA ENERGY INC
NYSE
Oil & Gas E&P
$16.73B$22.71-5.06%$3.52B13.68x0.54
EGY
VAALCO ENERGY INC
NYSE
Oil & Gas E&P
$543.61M$5.24-1.87%$297.32M6.47x0.86
EOG
EOG RESOURCES INC
NYSE
Oil & Gas E&P
$68.71B$120.84-0.92%$13.59B9.29x0.55
MTDR
MATADOR RESOURCES CO
NYSE
Oil & Gas E&P
$6.44B$51.59-1.00%$2.26B6.82x1.14
APA
APA CORP
NASDAQ
Oil & Gas E&P
$8.54B$23.09-2.16%$4.60B2.52x2.53
NOG
NORTHERN OIL & GAS INC
NYSE
Oil & Gas E&P
$3.59B$35.82-1.19%$1.43B6.11x1.28
MXC
MEXCO ENERGY CORP
NYSEMKT
Oil & Gas E&P
$23.98M$11.50-2.13%$3.80M20.54x0.10
BSM
BLACK STONE MINERALS LP
NYSE
Oil & Gas E&P
$3.35B$14.870.75%$392.69M9.85x0.07
CNQ
CANADIAN NATURAL RESOURCES LTD
NYSE
Oil & Gas E&P
$71.59B$33.88-0.41%$12.20B13.21x0.88
PR
PERMIAN RESOURCES CORP
NYSE
Oil & Gas E&P
$10.76B$13.41-1.61%$2.60B9.31x0.69
COP
CONOCOPHILLIPS
NYSE
Oil & Gas E&P
$124.11B$107.84-1.55%$24.94B12.78x0.94
PHX
PHX MINERALS INC
NYSE
Oil & Gas E&P
$128.24M$3.42-5.26%$19.49M22.80x0.32
DVN
DEVON ENERGY CORP
NYSE
Oil & Gas E&P
$24.00B$38.32-0.93%$7.37B6.92x0.99
EQT
EQT CORP
NYSE
Oil & Gas E&P
$21.25B$35.62-2.52%$2.73B37.89x0.96
MGY
MAGNOLIA OIL & GAS CORP
NYSE
Oil & Gas E&P
$4.91B$25.00-1.11%$899.22M12.38x0.45
EXE
EXPAND ENERGY CORP
NASDAQ
Oil & Gas E&P
$19.33B$83.66-1.25%$1.86B42.47x0.31
GPOR
GULFPORT ENERGY CORP
NYSE
Oil & Gas E&P
$2.49B$137.59-0.61%$740.90M3.37x0.51
CIVI
CIVITAS RESOURCES INC
NYSE
Oil & Gas E&P
$4.75B$48.31-0.98%$3.16B5.47x1.28
MUR
MURPHY OIL CORP
NYSE
Oil & Gas E&P
$4.69B$31.11-1.18%$1.73B8.12x0.83
KRP
KIMBELL ROYALTY PARTNERS LP
NYSE
Oil & Gas E&P
$1.53B$15.99-0.37%$198.25M33.31x0.39
REI
RING ENERGY INC
NYSEMKT
Oil & Gas E&P
$291.31M$1.47-0.68%$224.76M4.08x0.70
VRN
VEREN INC
NYSE
Oil & Gas E&P
$3.06B$4.97-3.68%$1.94B3.50x0.71
PED
PEDEVCO CORP
NYSEMKT
Oil & Gas E&P
$81.25M$0.910.00%$13.61MN/A0.08
AR
ANTERO RESOURCES CORP
NYSE
Oil & Gas E&P
$7.95B$25.54-1.31%$887.98M170.27x0.87
KOS
KOSMOS ENERGY LTD
NYSE
Oil & Gas E&P
$1.74B$3.68-2.13%$1.00B6.57x3.72
GRNT
GRANITE RIDGE RESOURCES INC
NYSE
Oil & Gas E&P
$758.31M$5.80-2.19%$260.02M13.81x0.49
CHRD
CHORD ENERGY CORP
NASDAQ
Oil & Gas E&P
$7.66B$123.80-1.04%$1.97B5.77x0.49
TPL
TEXAS PACIFIC LAND CORP
NYSE
Oil & Gas E&P
$26.95B$1,172.620.57%$587.89M60.27x0.09
SD
SANDRIDGE ENERGY INC
NYSE
Oil & Gas E&P
$411.60M$11.07-0.18%$67.44M10.06x0.25
CKX
CKX LANDS INC
NYSEMKT
Oil & Gas E&P
$26.37M$13.010.36%$790.67k59.14x0.03
CRGY
CRESCENT ENERGY CO
NYSE
Oil & Gas E&P
$2.18B$12.26-1.37%$949.80M53.30x1.84
OVV
OVINTIV INC
NYSE
Oil & Gas E&P
$10.27B$38.96-0.61%$4.95B5.39x0.92
EPSN
EPSILON ENERGY LTD
NASDAQ
Oil & Gas E&P
$124.53M$5.67-3.74%$16.21M22.68x0.22
CRC
CALIFORNIA RESOURCES CORP
NYSE
Oil & Gas E&P
$3.52B$51.93-0.08%$504.00M21.82x1.19
DEC
DIVERSIFIED ENERGY CO PLC
NYSE
Oil & Gas E&P
$560.40M$11.96-0.33%$318.57M4.30x6.10
HPK
HIGHPEAK ENERGY INC
NASDAQ
Oil & Gas E&P
$1.60B$12.53-2.11%$905.33M10.10x0.95
OBE
OBSIDIAN ENERGY LTD
NYSEMKT
Oil & Gas E&P
$426.99M$5.60-1.23%$321.30M5.19x0.41
VTLE
VITAL ENERGY INC
NYSE
Oil & Gas E&P
$993.75M$26.03-4.55%$1.08B2.54x0.86
RRC
RANGE RESOURCES CORP
NYSE
Oil & Gas E&P
$7.20B$29.82-0.70%$1.05B14.76x0.87
KGEI
KOLIBRI GLOBAL ENERGY INC
NASDAQ
Oil & Gas E&P
$119.89M$3.363.23%$38.97M8.18x0.29
OXY
OCCIDENTAL PETROLEUM CORP
NYSE
Oil & Gas E&P
$44.89B$49.57-1.08%$14.10B11.34x1.37
VTS
VITESSE ENERGY INC
NYSE
Oil & Gas E&P
$728.77M$24.70-0.68%$146.06M27.14x0.50
MRO
MARATHON OIL CORP
NYSE
Oil & Gas E&P
$15.25B$27.27-1.55%$4.41B10.61x0.76
GTE
GRAN TIERRA ENERGY INC
NYSEMKT
Oil & Gas E&P
$189.42M$6.16-2.53%$397.60M3.87x2.28
TALO
TALOS ENERGY INC
NYSE
Oil & Gas E&P
$1.82B$10.08-1.37%$1.05B252.00x1.33
HUSA
HOUSTON AMERICAN ENERGY CORP
NYSEMKT
Oil & Gas E&P
$14.18M$1.30-5.80%-$2.91M-4.48x0.05
TBN
TAMBORAN RESOURCES CORP
NYSE
Oil & Gas E&P
$265.85M$18.69-0.32%-$21.80M-8.06x0.19
BTE
BAYTEX ENERGY CORP
NYSE
Oil & Gas E&P
$2.35B$2.923.18%$921.22M-6.95x0.91
CRK
COMSTOCK RESOURCES INC
NYSE
Oil & Gas E&P
$3.26B$11.15-3.55%$855.98M-61.94x1.72
VET
VERMILION ENERGY INC
NYSE
Oil & Gas E&P
$1.50B$9.26-0.75%$210.32M-3.40x1.12
EPM
EVOLUTION PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$171.61M$5.150.00%$27.02M42.92x1.01
CNX
CNX RESOURCES CORP
NYSE
Oil & Gas E&P
$5.07B$33.94-0.26%$1.33B9.40x1.01
AMPY
AMPLIFY ENERGY CORP
NYSE
Oil & Gas E&P
$259.92M$6.54-1.21%$78.68M10.06x0.85
INDO
INDONESIA ENERGY CORP LTD
NYSEMKT
Oil & Gas E&P
$43.47M$4.200.72%-$2.19M-11.67x0.34
WDS
WOODSIDE ENERGY GROUP LTD
NYSE
Oil & Gas E&P
$29.64B$15.61-0.89%$7.12B15.93x0.57
WTI
W&T OFFSHORE INC
NYSE
Oil & Gas E&P
$307.61M$2.09-1.88%$182.50M-12.29x228.49
BRN
BARNWELL INDUSTRIES INC
NYSEMKT
Oil & Gas E&P
$18.45M$1.84-3.16%$2.27M-4.84x1.09
STR
SITIO ROYALTIES CORP
NYSE
Oil & Gas E&P
$3.40B$22.03-1.17%$308.82M-110.15x0.88
EP
EMPIRE PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$163.18M$5.200.39%-$7.95M-8.25x1.04
TXO
TXO PARTNERS LP
NYSE
Oil & Gas E&P
$708.73M$18.45-0.91%-$125.13M-3.23x0.35
BATL
BATTALION OIL CORP
NYSEMKT
Oil & Gas E&P
$109.77M$6.67-0.45%$29.07M-1.44x20.50
USEG
US ENERGY CORP
NASDAQ
Oil & Gas E&P
$37.03M$1.32-3.30%-$29.46M-0.83x0.95
MNR
MACH NATURAL RESOURCES LP
NYSE
Oil & Gas E&P
$1.50B$15.75-2.17%N/A-32.14x1.01
BKV
BKV CORP
NYSE
Oil & Gas E&P
N/A$17.64-2.22%N/AN/A0.72
BRY
BERRY CORP (BRY)
NASDAQ
Oil & Gas E&P
$391.62M$5.091.39%$166.04M-12.12x1.28
TPET
TRIO PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$6.19M$0.12-3.91%-$7.39M-0.56x0.45
CLMT
CALUMET INC
NASDAQ
Oil & Gas E&P
$1.81B$21.12-0.98%$339.70M-40.62x-5.28
GFR
GREENFIRE RESOURCES LTD
NYSE
Oil & Gas E&P
$486.32M$7.02-1.13%$36.09M-3.49x0.83
LB
LANDBRIDGE CO LLC
NYSE
Oil & Gas E&P
$4.12B$56.290.34%N/AN/A1.40
NEXT
NEXTDECADE CORP
NASDAQ
Oil & Gas E&P
$1.40B$5.39-7.71%$222.70M-31.71x5.50
EONR
EON RESOURCES INC
NYSEMKT
Oil & Gas E&P
$8.72M$1.18-5.60%N/AN/A-10.05

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Nov 2024?

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

1. Geopark (NYSE:GPRK)


Geopark (NYSE:GPRK) is the top oil and gas stock with a Zen Score of 60, which is 30 points higher than the oil and gas industry average of 30. It passed 22 out of 38 due diligence checks and has strong fundamentals. Geopark has seen its stock lose -22.14% over the past year, underperforming other oil and gas stocks by -36 percentage points.

Geopark has an average 1 year price target of $11.00, an upside of 41.57% from Geopark's current stock price of $7.77.

Geopark stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Geopark, 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.

2. Vista Energy Sab De Cv (NYSE:VIST)


Vista Energy Sab De Cv (NYSE:VIST) is the second best oil and gas stock with a Zen Score of 59, which is 29 points higher than the oil and gas industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Vista Energy Sab De Cv has seen its stock return 78.71% over the past year, overperforming other oil and gas stocks by 65 percentage points.

Vista Energy Sab De Cv has an average 1 year price target of $65.33, an upside of 32.36% from Vista Energy Sab De Cv's current stock price of $49.36.

Vista Energy Sab De Cv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Vista Energy Sab De Cv, 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.

3. Riley Exploration Permian (NYSEMKT:REPX)


Riley Exploration Permian (NYSEMKT:REPX) is the third best oil and gas stock with a Zen Score of 54, which is 24 points higher than the oil and gas industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock lose -17.59% over the past year, underperforming other oil and gas stocks by -32 percentage points.

Riley Exploration Permian has an average 1 year price target of $38.00, an upside of 46.38% from Riley Exploration Permian's current stock price of $25.96.

Riley Exploration Permian stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Riley Exploration Permian, 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 and gas stocks with highest dividends?

Out of 35 oil and gas stocks that have issued dividends in the past year, the 3 oil and gas stocks with the highest dividend yields are:

1. Civitas Resources (NYSE:CIVI)


Civitas Resources (NYSE:CIVI) has an annual dividend yield of 12.54%, which is 8 percentage points higher than the oil and gas industry average of 4.35%.

Civitas Resources's dividend payout ratio of 71.1% indicates that its high dividend yield is sustainable for the long-term.

2. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 11.57%, which is 7 percentage points higher than the oil and gas industry average of 4.35%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Kimbell Royalty Partners's dividend has shown consistent growth over the last 10 years.

Kimbell Royalty Partners's dividend payout ratio of 379.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) has an annual dividend yield of 11.43%, which is 7 percentage points higher than the oil and gas industry average of 4.35%. Black Stone Minerals's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Black Stone Minerals's dividend has shown consistent growth over the last 10 years.

Black Stone Minerals's dividend payout ratio of 119.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are oil and gas stocks down?

Oil and gas stocks were down -0.43% in the last day, and up 0.15% over the last week. Coterra Energy was the among the top losers in the oil & gas e&p industry, dropping -5.06% yesterday.

Corterra Energy shares are trading lower after the company reported worse-than-expected Q3 adjusted EPS results and cut its FY24 capital expenditure.

What are the most undervalued oil and gas stocks?

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

1. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Chord Energy has a valuation score of 71, which is 39 points higher than the oil and gas industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Chord Energy's stock has dropped -25.13% in the past year. It has underperformed other stocks in the oil and gas industry by -39 percentage points.

2. Murphy Oil (NYSE:MUR)


Murphy Oil (NYSE:MUR) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Murphy Oil has a valuation score of 71, which is 39 points higher than the oil and gas industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Murphy Oil's stock has dropped -30.57% in the past year. It has underperformed other stocks in the oil and gas industry by -45 percentage points.

3. Obsidian Energy (NYSEMKT:OBE)


Obsidian Energy (NYSEMKT:OBE) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Obsidian Energy has a valuation score of 71, which is 39 points higher than the oil and gas industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Obsidian Energy's stock has dropped -34.81% in the past year. It has underperformed other stocks in the oil and gas industry by -49 percentage points.

Are oil and gas stocks a good buy now?

50% of oil and gas stocks rated by analysts are a strong buy right now. On average, analysts expect oil and gas stocks to rise by 9.31% over the next year.

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

The average P/E ratio of the oil & gas e&p industry is 16.19x.
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.