Sectors & Industries EnergyOil & 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

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
MXC	MEXCO ENERGY CORP	NYSEMKT	Oil & Gas E&P	$24.38M	$11.38	-3.16%	$6.59M	5.15x	0.06
CTRA	COTERRA ENERGY INC	NYSE	Oil & Gas E&P	$18.85B	$24.54	2.08%	$6.87B	4.82x	0.59
EPSN	EPSILON ENERGY LTD	NASDAQ	Oil & Gas E&P	$122.43M	$5.34	0.75%	$54.00M	3.51x	0.19
GRNT	GRANITE RIDGE RESOURCES INC	NYSE	Oil & Gas E&P	$781.96M	$5.87	-0.68%	$382.94M	2.98x	0.28
SD	SANDRIDGE ENERGY INC	NYSE	Oil & Gas E&P	$531.46M	$14.41	1.41%	$193.71M	2.19x	0.23
DMLP	DORCHESTER MINERALS LP	NASDAQ	Oil & Gas E&P	$1.16B	$30.29	3.56%	$149.90M	9.04x	0.03
FANG	DIAMONDBACK ENERGY INC	NASDAQ	Oil & Gas E&P	$24.82B	$135.17	1.40%	$7.06B	5.49x	0.70
EPM	EVOLUTION PETROLEUM CORP	NYSEMKT	Oil & Gas E&P	$213.33M	$6.31	0.80%	$66.12M	5.09x	0.48
DVN	DEVON ENERGY CORP	NYSE	Oil & Gas E&P	$33.10B	$50.61	1.52%	$10.29B	5.53x	1.11
EGY	VAALCO ENERGY INC	NYSE	Oil & Gas E&P	$490.94M	$4.53	-0.44%	$148.40M	3.94x	1.27
BSM	BLACK STONE MINERALS LP	NYSE	Oil & Gas E&P	$3.52B	$15.69	1.55%	$532.52M	7.20x	0.07
PNRG	PRIMEENERGY RESOURCES CORP	NASDAQ	Oil & Gas E&P	$162.76M	$84.75	-0.88%	$87.41M	3.93x	0.65
PXD	PIONEER NATURAL RESOURCES CO	NYSE	Oil & Gas E&P	$48.00B	$204.24	1.08%	$12.61B	6.26x	0.59
MGY	MAGNOLIA OIL & GAS CORP	NYSE	Oil & Gas E&P	$4.68B	$21.88	1.48%	$1.17B	4.63x	0.53
EOG	EOG RESOURCES INC	NYSE	Oil & Gas E&P	$67.37B	$114.63	0.96%	$13.62B	8.61x	0.67
KRP	KIMBELL ROYALTY PARTNERS LP	NYSE	Oil & Gas E&P	$1.21B	$15.23	2.77%	$178.89M	8.70x	0.44
COP	CONOCOPHILLIPS	NYSE	Oil & Gas E&P	$120.91B	$99.21	-0.04%	$36.54B	6.79x	0.96
CPE	CALLON PETROLEUM CO	NYSE	Oil & Gas E&P	$2.06B	$33.44	0.57%	$1.77B	1.70x	0.99
BRY	BERRY CORP (BRY)	NASDAQ	Oil & Gas E&P	$594.77M	$7.85	1.55%	$395.50M	2.46x	1.04
GPRK	GEOPARK LTD	NYSE	Oil & Gas E&P	$654.59M	$11.36	0.53%	$548.67M	3.01x	7.43
CRK	COMSTOCK RESOURCES INC	NYSE	Oil & Gas E&P	$2.99B	$10.79	3.55%	$2.06B	2.27x	1.50
CNQ	CANADIAN NATURAL RESOURCES LTD	NYSE	Oil & Gas E&P	$61.03B	$55.35	0.75%	$15.66B	7.92x	1.00
CHRD	CHORD ENERGY CORP	NASDAQ	Oil & Gas E&P	$5.60B	$134.60	1.10%	N/A	2.21x	0.42
CIVI	CIVITAS RESOURCES INC	NYSE	Oil & Gas E&P	$5.48B	$68.34	1.26%	$2.50B	4.66x	0.48
REI	RING ENERGY INC	NYSEMKT	Oil & Gas E&P	$343.19M	$1.90	3.83%	$225.95M	1.67x	0.92
MTDR	MATADOR RESOURCES CO	NYSE	Oil & Gas E&P	$5.67B	$47.65	0.13%	$2.15B	4.64x	0.72
OVV	OVINTIV INC	NYSE	Oil & Gas E&P	$8.79B	$36.08	2.53%	$4.98B	2.52x	0.96
TPL	TEXAS PACIFIC LAND CORP	NYSE	Oil & Gas E&P	$13.09B	$1,701.02	0.36%	$584.23M	29.43x	0.14
SM	SM ENERGY CO	NYSE	Oil & Gas E&P	$3.43B	$28.16	0.50%	$2.12B	3.10x	0.85
WDS	WOODSIDE ENERGY GROUP LTD	NYSE	Oil & Gas E&P	$42.59B	$22.43	-1.32%	$12.21B	5.22x	0.61
PDCE	PDC ENERGY INC	NASDAQ	Oil & Gas E&P	$5.67B	$64.18	1.92%	$3.05B	3.42x	1.00
MRO	MARATHON OIL CORP	NYSE	Oil & Gas E&P	$15.09B	$23.96	1.05%	$5.72B	4.55x	0.75
HES	HESS CORP	NYSE	Oil & Gas E&P	$40.52B	$132.34	-0.10%	$5.39B	19.46x	1.68
ROCC	RANGER OIL CORP	NASDAQ	Oil & Gas E&P	$1.70B	$40.84	-0.05%	$515.27M	3.79x	1.98
VET	VERMILION ENERGY INC	NYSE	Oil & Gas E&P	$2.12B	$12.97	2.37%	$1.89B	2.18x	1.06
CHK	CHESAPEAKE ENERGY CORP	NASDAQ	Oil & Gas E&P	$10.24B	$76.04	1.41%	$5.56B	1.96x	0.70
VIST	VISTA ENERGY SAB DE CV	NYSE	Oil & Gas E&P	$1.71B	$19.79	-1.93%	$697.26M	6.45x	1.41
ERF	ENERPLUS CORP	NYSE	Oil & Gas E&P	$3.13B	$14.41	-0.28%	$1.54B	3.69x	0.80
OXY	OCCIDENTAL PETROLEUM CORP	NYSE	Oil & Gas E&P	$56.19B	$62.43	0.18%	$22.07B	4.66x	1.41
MUR	MURPHY OIL CORP	NYSE	Oil & Gas E&P	$5.76B	$36.98	1.43%	$2.20B	5.95x	1.03
VTLE	VITAL ENERGY INC	NYSE	Oil & Gas E&P	$780.98M	$45.54	1.99%	$1.10B	1.20x	1.45
REPX	RILEY EXPLORATION PERMIAN INC	NYSEMKT	Oil & Gas E&P	$767.25M	$38.06	7.91%	$184.06M	6.30x	0.55
SBOW	SILVERBOW RESOURCES INC	NYSE	Oil & Gas E&P	$513.52M	$22.85	3.07%	$525.97M	1.33x	1.17
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	NASDAQ	Oil & Gas E&P	$36.96M	$0.19	5.43%	$43.41M	1.02x	0.30
OBE	OBSIDIAN ENERGY LTD	NYSEMKT	Oil & Gas E&P	$527.63M	$6.40	0.79%	$368.22M	0.87x	0.40
SWN	SOUTHWESTERN ENERGY CO	NYSE	Oil & Gas E&P	$5.50B	$5.00	3.09%	$3.38B	2.99x	1.99
DEN	DENBURY INC	NYSE	Oil & Gas E&P	$4.37B	$87.63	0.72%	$710.46M	9.38x	0.52
BRN	BARNWELL INDUSTRIES INC	NYSEMKT	Oil & Gas E&P	$21.90M	$2.20	0.00%	$8.98M	4.00x	0.83
RRC	RANGE RESOURCES CORP	NYSE	Oil & Gas E&P	$6.37B	$26.47	5.25%	$1.93B	5.53x	1.30
AR	ANTERO RESOURCES CORP	NYSE	Oil & Gas E&P	$6.82B	$23.09	2.35%	$3.16B	3.74x	1.05
GTE	GRAN TIERRA ENERGY INC	NYSEMKT	Oil & Gas E&P	$304.27M	$0.88	0.46%	$471.71M	2.31x	2.20
APA	APA CORP	NASDAQ	Oil & Gas E&P	$11.21B	$36.06	1.92%	$6.87B	3.26x	27.90
PED	PEDEVCO CORP	NYSEMKT	Oil & Gas E&P	$92.26M	$1.06	11.58%	$14.10M	35.33x	0.20
ESTE	EARTHSTONE ENERGY INC	NYSE	Oil & Gas E&P	$1.83B	$13.01	1.64%	$945.54M	2.54x	0.98
NOG	NORTHERN OIL & GAS INC	NYSE	Oil & Gas E&P	$2.59B	$30.35	1.88%	$1.11B	3.28x	2.86
PR	PERMIAN RESOURCES CORP	NYSE	Oil & Gas E&P	$5.87B	$10.50	2.04%	$1.18B	5.83x	0.97
GBR	NEW CONCEPT ENERGY INC	NYSEMKT	Oil & Gas E&P	$5.44M	$1.06	-3.64%	$193.00k	26.50x	0.01
BTE	BAYTEX ENERGY CORP	NYSE	Oil & Gas E&P	$2.04B	$3.75	-0.53%	$1.17B	3.31x	0.68
HPK	HIGHPEAK ENERGY INC	NASDAQ	Oil & Gas E&P	$2.60B	$23.00	-0.99%	$540.57M	11.27x	0.95
CPG	CRESCENT POINT ENERGY CORP	NYSE	Oil & Gas E&P	$3.89B	$7.06	1.58%	$2.15B	3.64x	0.46
EQT	EQT CORP	NYSE	Oil & Gas E&P	$11.50B	$31.91	1.98%	$4.27B	N/A	1.03
PHX	PHX MINERALS INC	NYSE	Oil & Gas E&P	$95.64M	$2.62	-3.32%	$30.62M	5.46x	0.41
TALO	TALOS ENERGY INC	NYSE	Oil & Gas E&P	$1.88B	$14.84	1.02%	$980.58M	3.21x	1.62
WTI	W&T OFFSHORE INC	NYSE	Oil & Gas E&P	$744.02M	$5.08	1.40%	$487.88M	3.16x	186.55
USEG	US ENERGY CORP	NASDAQ	Oil & Gas E&P	$44.04M	$1.76	2.03%	$4.59M	-5.87x	0.48
CRC	CALIFORNIA RESOURCES CORP	NYSE	Oil & Gas E&P	$2.75B	$38.50	0.79%	$1.01B	5.55x	1.13
HUSA	HOUSTON AMERICAN ENERGY CORP	NYSEMKT	Oil & Gas E&P	$27.51M	$2.59	-1.52%	-$478.52k	-37.00x	0.04
BATL	BATTALION OIL CORP	NYSEMKT	Oil & Gas E&P	$108.08M	$6.57	-4.64%	$94.05M	5.76x	4.74
TELL	TELLURIAN INC	NASDAQ	Oil & Gas E&P	$693.13M	$1.23	2.50%	$8.41M	-13.67x	1.12
VTS	VITESSE ENERGY INC	NYSE	Oil & Gas E&P	$542.82M	$19.03	-0.26%	$186.79M	73.19x	0.16
ALPS	ALPINE SUMMIT ENERGY PARTNERS INC	NASDAQ	Oil & Gas E&P	$17.98M	$0.53	-15.87%	$118.12M	2.41x	28.06
EP	EMPIRE PETROLEUM CORP	NYSE	Oil & Gas E&P	$274.21M	$12.41	0.32%	$4.37M	-248.20x	1.73
GPOR	GULFPORT ENERGY CORP	NYSE	Oil & Gas E&P	$1.51B	$80.00	1.00%	$745.83M	3.91x	2.00
CKX	CKX LANDS INC	NYSEMKT	Oil & Gas E&P	$18.62M	$9.43	3.68%	-$1.80M	-14.07x	0.02
PBT	PERMIAN BASIN ROYALTY TRUST	NYSE	Oil & Gas E&P	$1.14B	$24.40	-0.04%	N/A	21.22x	10.22
AMPY	AMPLIFY ENERGY CORP	NYSE	Oil & Gas E&P	$265.94M	$6.87	2.08%	$96.04M	4.77x	-101.65
STR	SITIO ROYALTIES CORP	NYSE	Oil & Gas E&P	$3.49B	$22.60	0.53%	$329.77M	20.55x	0.75
CRGY	CRESCENT ENERGY CO	NYSEMKT	Oil & Gas E&P	$1.89B	$11.31	1.62%	$761.83M	5.14x	3.21
KOS	KOSMOS ENERGY LTD	NYSE	Oil & Gas E&P	$3.42B	$7.44	1.22%	$963.98M	14.88x	4.81
VIVK	VIVAKOR INC	NASDAQ	Oil & Gas E&P	$20.77M	$1.15	-0.86%	-$7.98M	-1.85x	1.87
TXO	TXO ENERGY PARTNERS LP	NYSE	Oil & Gas E&P	$710.63M	$23.11	0.09%	$41.89M	-92.44x	0.77
CLMT	CALUMET SPECIALTY PRODUCTS PARTNERS LP	NASDAQ	Oil & Gas E&P	$1.39B	$17.38	2.18%	$112.50M	-8.52x	-5.63
NEXT	NEXTDECADE CORP	NASDAQ	Oil & Gas E&P	$748.35M	$4.97	4.41%	-$59.15M	-7.65x	1.02
CNX	CNX RESOURCES CORP	NYSE	Oil & Gas E&P	$2.73B	$16.02	2.36%	$376.96M	-21.36x	1.89
INDO	INDONESIA ENERGY CORP LTD	NYSEMKT	Oil & Gas E&P	$44.64M	$4.77	3.02%	-$3.03M	-8.52x	0.65
CEI	CAMBER ENERGY INC	NYSEMKT	Oil & Gas E&P	$31.60M	$1.58	5.33%	-$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.