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Sectors & IndustriesEnergyOil & Gas E&P
Best Oil and Gas Stocks to Buy Now (2023)
Top oil and gas stocks in 2023 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
MXC
MEXCO ENERGY CORP
NYSEMKT
Oil & Gas E&P
$24.38M$11.38-3.16%$6.59M5.15x0.06
CTRA
COTERRA ENERGY INC
NYSE
Oil & Gas E&P
$18.85B$24.542.08%$6.87B4.82x0.59
EPSN
EPSILON ENERGY LTD
NASDAQ
Oil & Gas E&P
$122.43M$5.340.75%$54.00M3.51x0.19
GRNT
GRANITE RIDGE RESOURCES INC
NYSE
Oil & Gas E&P
$781.96M$5.87-0.68%$382.94M2.98x0.28
SD
SANDRIDGE ENERGY INC
NYSE
Oil & Gas E&P
$531.46M$14.411.41%$193.71M2.19x0.23
DMLP
DORCHESTER MINERALS LP
NASDAQ
Oil & Gas E&P
$1.16B$30.293.56%$149.90M9.04x0.03
FANG
DIAMONDBACK ENERGY INC
NASDAQ
Oil & Gas E&P
$24.82B$135.171.40%$7.06B5.49x0.70
EPM
EVOLUTION PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$213.33M$6.310.80%$66.12M5.09x0.48
DVN
DEVON ENERGY CORP
NYSE
Oil & Gas E&P
$33.10B$50.611.52%$10.29B5.53x1.11
EGY
VAALCO ENERGY INC
NYSE
Oil & Gas E&P
$490.94M$4.53-0.44%$148.40M3.94x1.27
BSM
BLACK STONE MINERALS LP
NYSE
Oil & Gas E&P
$3.52B$15.691.55%$532.52M7.20x0.07
PNRG
PRIMEENERGY RESOURCES CORP
NASDAQ
Oil & Gas E&P
$162.76M$84.75-0.88%$87.41M3.93x0.65
PXD
PIONEER NATURAL RESOURCES CO
NYSE
Oil & Gas E&P
$48.00B$204.241.08%$12.61B6.26x0.59
MGY
MAGNOLIA OIL & GAS CORP
NYSE
Oil & Gas E&P
$4.68B$21.881.48%$1.17B4.63x0.53
EOG
EOG RESOURCES INC
NYSE
Oil & Gas E&P
$67.37B$114.630.96%$13.62B8.61x0.67
KRP
KIMBELL ROYALTY PARTNERS LP
NYSE
Oil & Gas E&P
$1.21B$15.232.77%$178.89M8.70x0.44
COP
CONOCOPHILLIPS
NYSE
Oil & Gas E&P
$120.91B$99.21-0.04%$36.54B6.79x0.96
CPE
CALLON PETROLEUM CO
NYSE
Oil & Gas E&P
$2.06B$33.440.57%$1.77B1.70x0.99
BRY
BERRY CORP (BRY)
NASDAQ
Oil & Gas E&P
$594.77M$7.851.55%$395.50M2.46x1.04
GPRK
GEOPARK LTD
NYSE
Oil & Gas E&P
$654.59M$11.360.53%$548.67M3.01x7.43
CRK
COMSTOCK RESOURCES INC
NYSE
Oil & Gas E&P
$2.99B$10.793.55%$2.06B2.27x1.50
CNQ
CANADIAN NATURAL RESOURCES LTD
NYSE
Oil & Gas E&P
$61.03B$55.350.75%$15.66B7.92x1.00
CHRD
CHORD ENERGY CORP
NASDAQ
Oil & Gas E&P
$5.60B$134.601.10%N/A2.21x0.42
CIVI
CIVITAS RESOURCES INC
NYSE
Oil & Gas E&P
$5.48B$68.341.26%$2.50B4.66x0.48
REI
RING ENERGY INC
NYSEMKT
Oil & Gas E&P
$343.19M$1.903.83%$225.95M1.67x0.92
MTDR
MATADOR RESOURCES CO
NYSE
Oil & Gas E&P
$5.67B$47.650.13%$2.15B4.64x0.72
OVV
OVINTIV INC
NYSE
Oil & Gas E&P
$8.79B$36.082.53%$4.98B2.52x0.96
TPL
TEXAS PACIFIC LAND CORP
NYSE
Oil & Gas E&P
$13.09B$1,701.020.36%$584.23M29.43x0.14
SM
SM ENERGY CO
NYSE
Oil & Gas E&P
$3.43B$28.160.50%$2.12B3.10x0.85
WDS
WOODSIDE ENERGY GROUP LTD
NYSE
Oil & Gas E&P
$42.59B$22.43-1.32%$12.21B5.22x0.61
PDCE
PDC ENERGY INC
NASDAQ
Oil & Gas E&P
$5.67B$64.181.92%$3.05B3.42x1.00
MRO
MARATHON OIL CORP
NYSE
Oil & Gas E&P
$15.09B$23.961.05%$5.72B4.55x0.75
HES
HESS CORP
NYSE
Oil & Gas E&P
$40.52B$132.34-0.10%$5.39B19.46x1.68
ROCC
RANGER OIL CORP
NASDAQ
Oil & Gas E&P
$1.70B$40.84-0.05%$515.27M3.79x1.98
VET
VERMILION ENERGY INC
NYSE
Oil & Gas E&P
$2.12B$12.972.37%$1.89B2.18x1.06
CHK
CHESAPEAKE ENERGY CORP
NASDAQ
Oil & Gas E&P
$10.24B$76.041.41%$5.56B1.96x0.70
VIST
VISTA ENERGY SAB DE CV
NYSE
Oil & Gas E&P
$1.71B$19.79-1.93%$697.26M6.45x1.41
ERF
ENERPLUS CORP
NYSE
Oil & Gas E&P
$3.13B$14.41-0.28%$1.54B3.69x0.80
OXY
OCCIDENTAL PETROLEUM CORP
NYSE
Oil & Gas E&P
$56.19B$62.430.18%$22.07B4.66x1.41
MUR
MURPHY OIL CORP
NYSE
Oil & Gas E&P
$5.76B$36.981.43%$2.20B5.95x1.03
VTLE
VITAL ENERGY INC
NYSE
Oil & Gas E&P
$780.98M$45.541.99%$1.10B1.20x1.45
REPX
RILEY EXPLORATION PERMIAN INC
NYSEMKT
Oil & Gas E&P
$767.25M$38.067.91%$184.06M6.30x0.55
SBOW
SILVERBOW RESOURCES INC
NYSE
Oil & Gas E&P
$513.52M$22.853.07%$525.97M1.33x1.17
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
NASDAQ
Oil & Gas E&P
$36.96M$0.195.43%$43.41M1.02x0.30
OBE
OBSIDIAN ENERGY LTD
NYSEMKT
Oil & Gas E&P
$527.63M$6.400.79%$368.22M0.87x0.40
SWN
SOUTHWESTERN ENERGY CO
NYSE
Oil & Gas E&P
$5.50B$5.003.09%$3.38B2.99x1.99
DEN
DENBURY INC
NYSE
Oil & Gas E&P
$4.37B$87.630.72%$710.46M9.38x0.52
BRN
BARNWELL INDUSTRIES INC
NYSEMKT
Oil & Gas E&P
$21.90M$2.200.00%$8.98M4.00x0.83
RRC
RANGE RESOURCES CORP
NYSE
Oil & Gas E&P
$6.37B$26.475.25%$1.93B5.53x1.30
AR
ANTERO RESOURCES CORP
NYSE
Oil & Gas E&P
$6.82B$23.092.35%$3.16B3.74x1.05
GTE
GRAN TIERRA ENERGY INC
NYSEMKT
Oil & Gas E&P
$304.27M$0.880.46%$471.71M2.31x2.20
APA
APA CORP
NASDAQ
Oil & Gas E&P
$11.21B$36.061.92%$6.87B3.26x27.90
PED
PEDEVCO CORP
NYSEMKT
Oil & Gas E&P
$92.26M$1.0611.58%$14.10M35.33x0.20
ESTE
EARTHSTONE ENERGY INC
NYSE
Oil & Gas E&P
$1.83B$13.011.64%$945.54M2.54x0.98
NOG
NORTHERN OIL & GAS INC
NYSE
Oil & Gas E&P
$2.59B$30.351.88%$1.11B3.28x2.86
PR
PERMIAN RESOURCES CORP
NYSE
Oil & Gas E&P
$5.87B$10.502.04%$1.18B5.83x0.97
GBR
NEW CONCEPT ENERGY INC
NYSEMKT
Oil & Gas E&P
$5.44M$1.06-3.64%$193.00k26.50x0.01
BTE
BAYTEX ENERGY CORP
NYSE
Oil & Gas E&P
$2.04B$3.75-0.53%$1.17B3.31x0.68
HPK
HIGHPEAK ENERGY INC
NASDAQ
Oil & Gas E&P
$2.60B$23.00-0.99%$540.57M11.27x0.95
CPG
CRESCENT POINT ENERGY CORP
NYSE
Oil & Gas E&P
$3.89B$7.061.58%$2.15B3.64x0.46
EQT
EQT CORP
NYSE
Oil & Gas E&P
$11.50B$31.911.98%$4.27BN/A1.03
PHX
PHX MINERALS INC
NYSE
Oil & Gas E&P
$95.64M$2.62-3.32%$30.62M5.46x0.41
TALO
TALOS ENERGY INC
NYSE
Oil & Gas E&P
$1.88B$14.841.02%$980.58M3.21x1.62
WTI
W&T OFFSHORE INC
NYSE
Oil & Gas E&P
$744.02M$5.081.40%$487.88M3.16x186.55
USEG
US ENERGY CORP
NASDAQ
Oil & Gas E&P
$44.04M$1.762.03%$4.59M-5.87x0.48
CRC
CALIFORNIA RESOURCES CORP
NYSE
Oil & Gas E&P
$2.75B$38.500.79%$1.01B5.55x1.13
HUSA
HOUSTON AMERICAN ENERGY CORP
NYSEMKT
Oil & Gas E&P
$27.51M$2.59-1.52%-$478.52k-37.00x0.04
BATL
BATTALION OIL CORP
NYSEMKT
Oil & Gas E&P
$108.08M$6.57-4.64%$94.05M5.76x4.74
TELL
TELLURIAN INC
NASDAQ
Oil & Gas E&P
$693.13M$1.232.50%$8.41M-13.67x1.12
VTS
VITESSE ENERGY INC
NYSE
Oil & Gas E&P
$542.82M$19.03-0.26%$186.79M73.19x0.16
ALPS
ALPINE SUMMIT ENERGY PARTNERS INC
NASDAQ
Oil & Gas E&P
$17.98M$0.53-15.87%$118.12M2.41x28.06
EP
EMPIRE PETROLEUM CORP
NYSE
Oil & Gas E&P
$274.21M$12.410.32%$4.37M-248.20x1.73
GPOR
GULFPORT ENERGY CORP
NYSE
Oil & Gas E&P
$1.51B$80.001.00%$745.83M3.91x2.00
CKX
CKX LANDS INC
NYSEMKT
Oil & Gas E&P
$18.62M$9.433.68%-$1.80M-14.07x0.02
PBT
PERMIAN BASIN ROYALTY TRUST
NYSE
Oil & Gas E&P
$1.14B$24.40-0.04%N/A21.22x10.22
AMPY
AMPLIFY ENERGY CORP
NYSE
Oil & Gas E&P
$265.94M$6.872.08%$96.04M4.77x-101.65
STR
SITIO ROYALTIES CORP
NYSE
Oil & Gas E&P
$3.49B$22.600.53%$329.77M20.55x0.75
CRGY
CRESCENT ENERGY CO
NYSEMKT
Oil & Gas E&P
$1.89B$11.311.62%$761.83M5.14x3.21
KOS
KOSMOS ENERGY LTD
NYSE
Oil & Gas E&P
$3.42B$7.441.22%$963.98M14.88x4.81
VIVK
VIVAKOR INC
NASDAQ
Oil & Gas E&P
$20.77M$1.15-0.86%-$7.98M-1.85x1.87
TXO
TXO ENERGY PARTNERS LP
NYSE
Oil & Gas E&P
$710.63M$23.110.09%$41.89M-92.44x0.77
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
NASDAQ
Oil & Gas E&P
$1.39B$17.382.18%$112.50M-8.52x-5.63
NEXT
NEXTDECADE CORP
NASDAQ
Oil & Gas E&P
$748.35M$4.974.41%-$59.15M-7.65x1.02
CNX
CNX RESOURCES CORP
NYSE
Oil & Gas E&P
$2.73B$16.022.36%$376.96M-21.36x1.89
INDO
INDONESIA ENERGY CORP LTD
NYSEMKT
Oil & Gas E&P
$44.64M$4.773.02%-$3.03M-8.52x0.65
CEI
CAMBER ENERGY INC
NYSEMKT
Oil & Gas E&P
$31.60M$1.585.33%-$103.02M-0.14x-3.03

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Apr 2023?

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

1. Mexco Energy (NYSEMKT:MXC)


Mexco Energy (NYSEMKT:MXC) is the top oil and gas stock with a Zen Score of 63, which is 24 points higher than the oil and gas industry average of 39. It passed 20 out of 33 due diligence checks and has strong fundamentals. Mexco Energy has seen its stock lose -29.73% over the past year, underperforming other oil and gas stocks by -32 percentage points.

2. Coterra Energy (NYSE:CTRA)


Coterra Energy (NYSE:CTRA) is the second best oil and gas stock with a Zen Score of 63, which is 24 points higher than the oil and gas industry average of 39. It passed 23 out of 38 due diligence checks and has strong fundamentals. Coterra Energy has seen its stock lose -9.01% over the past year, underperforming other oil and gas stocks by -11 percentage points.

Coterra Energy has an average 1 year price target of $31.00, an upside of 26.32% from Coterra Energy's current stock price of $24.54.

Coterra Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Coterra Energy, 35.71% have issued a Strong Buy rating, 7.14% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Epsilon Energy (NASDAQ:EPSN)


Epsilon Energy (NASDAQ:EPSN) is the third best oil and gas stock with a Zen Score of 62, which is 23 points higher than the oil and gas industry average of 39. It passed 23 out of 38 due diligence checks and has strong fundamentals. Epsilon Energy has seen its stock lose -17.21% over the past year, underperforming other oil and gas stocks by -19 percentage points.

What are the oil and gas stocks with highest dividends?

Out of 41 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. Berry (NASDAQ:BRY)


Berry (NASDAQ:BRY) has an annual dividend yield of 16.31%, which is 11 percentage points higher than the oil and gas industry average of 5.11%. Berry's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Berry's dividend has shown consistent growth over the last 10 years.

Berry's dividend payout ratio of 42% 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 16.28%, which is 11 percentage points higher than the oil and gas industry average of 5.11%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% four 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 86.3% indicates that its high dividend yield is sustainable for the long-term.

3. Pioneer Natural Resources Co (NYSE:PXD)


Pioneer Natural Resources Co (NYSE:PXD) has an annual dividend yield of 13.34%, which is 8 percentage points higher than the oil and gas industry average of 5.11%. Pioneer Natural Resources Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Pioneer Natural Resources Co's dividend has shown consistent growth over the last 10 years.

Pioneer Natural Resources Co's dividend payout ratio of 78% indicates that its high dividend yield is sustainable for the long-term.

Why are oil and gas stocks up?

Oil and gas stocks were up 0.78% in the last day, and up 5.1% over the last week.

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

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. Epsilon Energy (NASDAQ:EPSN)


Epsilon Energy (NASDAQ:EPSN) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Epsilon Energy has a valuation score of 100, which is 51 points higher than the oil and gas industry average of 49. It passed 7 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -17.21% in the past year. It has underperformed other stocks in the oil and gas industry by -19 percentage points.

2. Berry (NASDAQ:BRY)


Berry (NASDAQ:BRY) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Berry has a valuation score of 86, which is 37 points higher than the oil and gas industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Berry's stock has dropped -23.93% in the past year. It has underperformed other stocks in the oil and gas industry by -26 percentage points.

3. Diamondback Energy (NASDAQ:FANG)


Diamondback Energy (NASDAQ:FANG) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Diamondback Energy has a valuation score of 86, which is 37 points higher than the oil and gas industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Diamondback Energy's stock has dropped -1.39% in the past year. It has underperformed other stocks in the oil and gas industry by -3 percentage points.

Are oil and gas stocks a good buy now?

54.39% 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 34.91% 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 6.86x.
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.