Sectors & IndustriesEnergyOil & Gas E&P
Best Oil and Gas Stocks to Buy Now (2026)
Top oil and gas stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best oil and gas stocks to buy now. Learn More.

Industry: Oil & Gas E&P
C
Oil and Gas is Zen Rated C and is the 83rd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
REI
RING ENERGY INC
$372.75M$1.78N/AN/AN/AN/A8.14%N/A6.12%3.03%
CHRD
CHORD ENERGY CORP
$8.00B$142.01$156.009.85%Strong Buy11-0.77%N/A7.75%4.71%
EOG
EOG RESOURCES INC
$71.44B$134.13$150.0711.88%Buy143.03%11.80%19.91%11.53%
SM
SM ENERGY CO
$7.52B$31.35$35.2012.28%Buy1026.07%47.35%24.70%8.86%
CRGY
CRESCENT ENERGY CO
$4.20B$12.72$15.3020.28%Buy108.10%N/A8.03%3.13%
APA
APA CORP
$13.11B$37.09$35.11-5.34%Hold18-2.23%-0.45%22.76%8.13%
DMLP
DORCHESTER MINERALS LP
$1.31B$27.15N/AN/AN/AN/AN/AN/AN/AN/A
INR
INFINITY NATURAL RESOURCES INC
$1.00B$15.78$22.3341.53%Strong Buy328.45%22.15%209.46%18.00%
REPX
RILEY EXPLORATION PERMIAN INC
$788.65M$36.35$49.5036.18%Strong Buy215.67%45.34%38.87%18.23%
WTI
W&T OFFSHORE INC
$626.35M$4.21N/AN/AN/AN/A0.71%N/AN/A-3.76%
GTE
GRAN TIERRA ENERGY INC
$326.02M$9.22N/AN/AN/AN/A8.22%N/A-12.46%-0.83%
TALO
TALOS ENERGY INC
$2.56B$15.35$18.0017.26%Buy42.19%N/A-1.27%-0.45%
PNRG
PRIMEENERGY RESOURCES CORP
$405.55M$250.65$160.00-36.17%Hold13.96%12.90%11.19%7.45%
DVN
DEVON ENERGY CORP
$29.06B$46.77$52.8713.04%Strong Buy1511.41%14.60%15.34%7.27%
SD
SANDRIDGE ENERGY INC
$554.51M$15.02$15.00-0.13%Strong Sell14.49%-13.61%10.70%8.63%
OVV
OVINTIV INC
$16.32B$58.09$60.253.72%Buy160.41%36.31%14.56%7.55%
CNQ
CANADIAN NATURAL RESOURCES LTD
$97.86B$46.92$57.0021.48%Strong Buy2N/AN/AN/AN/A
PR
PERMIAN RESOURCES CORP
$16.89B$20.17$22.4711.39%Strong Buy1510.01%32.27%13.04%8.21%
OXY
OCCIDENTAL PETROLEUM CORP
$55.97B$56.27$61.078.52%Buy156.79%-2.82%8.54%4.13%
MGY
MAGNOLIA OIL & GAS CORP
$5.30B$28.64$30.697.16%Buy136.54%13.53%22.53%15.57%
MUR
MURPHY OIL CORP
$5.55B$38.70$39.331.64%Hold94.17%85.07%6.47%3.29%
DEC
DIVERSIFIED ENERGY CO
$1.15B$15.87$22.2940.43%Strong Buy7N/AN/A43.48%5.11%
MXC
MEXCO ENERGY CORP
$19.23M$9.40N/AN/AN/AN/AN/AN/AN/AN/A
CRC
CALIFORNIA RESOURCES CORP
$5.30B$59.68$74.4024.66%Strong Buy510.80%N/A10.63%4.34%
NOG
NORTHERN OIL & GAS INC
$2.53B$23.87$30.6728.48%Hold68.76%N/A18.86%6.10%
VIST
VISTA ENERGY SAB DE CV
$7.29B$69.28$90.0029.91%Strong Buy3N/AN/AN/AN/A
FANG
DIAMONDBACK ENERGY INC
$55.74B$198.15$229.5315.84%Strong Buy172.00%155.77%11.25%5.85%
RRC
RANGE RESOURCES CORP
$9.64B$40.90$44.649.15%Hold145.08%6.90%18.28%11.36%
GPOR
GULFPORT ENERGY CORP
$3.24B$180.29$236.8331.36%Buy60.90%4.11%28.30%16.63%
MTDR
MATADOR RESOURCES CO
$7.03B$56.65$65.4615.54%Buy119.63%28.99%19.13%8.78%
COP
CONOCOPHILLIPS
$143.60B$117.87$128.068.65%Buy162.62%14.22%16.16%8.50%
KOS
KOSMOS ENERGY LTD
$1.84B$3.10$1.91-38.39%Hold55.23%N/A7.57%0.81%
EONR
EON RESOURCES INC
$34.58M$0.69N/AN/AN/AN/A166.51%N/A21.76%14.80%
EPM
EVOLUTION PETROLEUM CORP
$167.67M$4.79$5.004.38%Strong Buy2-0.46%N/A14.13%5.64%
WDS
WOODSIDE ENERGY GROUP LTD
$42.77B$22.50N/AN/AN/AN/AN/AN/AN/AN/A
KGEI
KOLIBRI GLOBAL ENERGY INC
$191.55M$5.40N/AN/AN/AN/A4.35%-17.36%8.79%6.09%
MNR
MACH NATURAL RESOURCES LP
$2.39B$14.23$16.0012.44%Buy26.13%29.54%9.19%4.60%
VET
VERMILION ENERGY INC
$1.91B$12.47$15.0020.29%Hold1N/AN/AN/AN/A
AR
ANTERO RESOURCES CORP
$11.26B$36.33$48.8234.37%Strong Buy117.90%19.27%11.95%6.28%
PED
PEDEVCO CORP
$196.98M$14.81N/AN/AN/AN/A171.75%N/A9.69%5.34%
KRP
KIMBELL ROYALTY PARTNERS LP
$1.65B$15.27$17.3313.51%Strong Buy34.76%33.88%19.21%8.40%
BTE
BAYTEX ENERGY CORP
$3.60B$4.93N/AN/AN/AN/AN/AN/AN/AN/A
TPL
TEXAS PACIFIC LAND CORP
$27.69B$401.39$639.0059.20%Strong Buy123.36%32.45%47.48%42.18%
OBE
OBSIDIAN ENERGY LTD
$876.62M$13.16$18.0036.78%Hold1N/AN/AN/AN/A
EXE
EXPAND ENERGY CORP
$23.07B$96.43$135.8040.83%Strong Buy10-2.92%-10.87%10.02%6.64%
BSM
BLACK STONE MINERALS LP
$3.07B$13.52$14.003.55%Hold1-3.97%-28.43%33.98%19.63%
ANNA
ALEANNA INC
$243.29M$3.65N/AN/AN/AN/AN/AN/AN/AN/A
GRNT
GRANITE RIDGE RESOURCES INC
$691.13M$5.24$8.5062.21%Buy27.61%N/A12.20%5.58%
EQT
EQT CORP
$34.89B$55.78$70.6026.57%Strong Buy15-0.39%-0.34%14.73%8.87%
CNX
CNX RESOURCES CORP
$5.06B$35.79$35.71-0.21%Sell7-6.93%-16.50%11.46%5.81%
INDO
INDONESIA ENERGY CORP LTD
$48.01M$3.12N/AN/AN/AN/AN/AN/AN/AN/A
EPSN
EPSILON ENERGY LTD
$187.19M$6.19N/AN/AN/AN/AN/AN/AN/AN/A
CLMT
CALUMET INC
$2.80B$32.12$47.0046.33%Strong Buy24.78%N/A-18.92%7.16%
GFR
GREENFIRE RESOURCES LTD
$764.98M$6.10N/AN/AN/AN/A8.61%N/A47.59%40.09%
BRN
BARNWELL INDUSTRIES INC
$14.14M$1.13N/AN/AN/AN/AN/AN/AN/AN/A
HPK
HIGHPEAK ENERGY INC
$870.61M$6.89N/AN/AN/AN/A4.91%N/A0.52%0.24%
EGY
VAALCO ENERGY INC
$632.85M$6.07$7.3020.26%Strong Buy121.86%N/A38.77%14.53%
BATL
BATTALION OIL CORP
$50.39M$2.76N/AN/AN/AN/AN/AN/AN/AN/A
USEG
US ENERGY CORP
$48.66M$0.93$3.50276.34%Strong Buy1115,704.26%N/A-9.71%-6.77%
VTS
VITESSE ENERGY INC
$758.33M$18.18N/AN/AN/AN/A-3.95%N/A3.91%2.53%
AGIG
ABUNDIA GLOBAL IMPACT GROUP INC
$53.27M$1.21N/AN/AN/AN/A178.59%N/A20.33%15.75%
NUAI
NEW ERA ENERGY & DIGITAL INC
$279.33M$4.92$11.00123.58%Buy1N/AN/AN/AN/A
TXO
TXO PARTNERS LP
$711.52M$12.88$19.0047.52%Strong Buy112.56%N/A-0.09%-0.04%
AMPY
AMPLIFY ENERGY CORP
$217.58M$5.27N/AN/AN/AN/A-30.55%14.96%8.81%6.38%
NEXT
NEXTDECADE CORP
$2.25B$8.50$8.00-5.88%Hold1N/AN/A-1,100.25%2.55%
EP
EMPIRE PETROLEUM CORP
$95.30M$2.69N/AN/AN/AN/AN/AN/AN/AN/A
CRK
COMSTOCK RESOURCES INC
$4.32B$14.72$19.6733.61%Sell65.77%-7.11%22.59%8.60%
TBN
TAMBORAN RESOURCES CORP
$815.02M$36.00$62.3373.15%Strong Buy3N/AN/AN/AN/A
BKV
BKV CORP
$3.10B$28.32$34.3821.38%Strong Buy84.21%-0.27%12.23%6.25%
GPRK
GEOPARK LTD
$644.24M$9.96N/AN/AN/AN/A23.11%36.10%52.55%12.71%
GLND
GREENLAND ENERGY CO
$78.59M$3.01N/AN/AN/AN/AN/AN/AN/AN/A
TPET
TRIO PETROLEUM CORP
$12.45M$0.39N/AN/AN/AN/AN/AN/AN/AN/A
CKX
CKX LANDS INC
$22.15M$10.79N/AN/AN/AN/AN/AN/AN/AN/A

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in May 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best oil stocks to buy right now are:

1. Ring Energy (NYSEMKT:REI)


Ring Energy (NYSEMKT:REI) is the #1 top oil and gas stock out of 73 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Ring Energy (NYSEMKT:REI) is: Value: B, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: A.

Ring Energy (NYSEMKT:REI) has a Due Diligence Score of 16, which is -13 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates REI as a "A".

REI passed 5 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock return 103.66% over the past year, overperforming other oil and gas stocks by 87 percentage points.

2. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the #2 top oil and gas stock out of 73 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Chord Energy (NASDAQ:CHRD) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.

Chord Energy (NASDAQ:CHRD) has a Due Diligence Score of 23, which is -6 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates CHRD as a "B".

CHRD passed 8 out of 38 due diligence checks and has weak fundamentals. Chord Energy has seen its stock return 45.46% over the past year, overperforming other oil and gas stocks by 29 percentage points.

Chord Energy has an average 1 year price target of $156.00, an upside of 9.85% from Chord Energy's current stock price of $142.01.

Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Chord Energy, 54.55% have issued a Strong Buy rating, 18.18% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Eog Resources (NYSE:EOG)


Eog Resources (NYSE:EOG) is the #3 top oil and gas stock out of 73 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Eog Resources (NYSE:EOG) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: B.

Eog Resources (NYSE:EOG) has a Due Diligence Score of 42, which is 13 points higher than the oil and gas industry average of 29.

EOG passed 15 out of 38 due diligence checks and has strong fundamentals. Eog Resources has seen its stock return 17.6% over the past year, overperforming other oil and gas stocks by 1 percentage points.

Eog Resources has an average 1 year price target of $150.07, an upside of 11.88% from Eog Resources's current stock price of $134.13.

Eog Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Eog Resources, 28.57% have issued a Strong Buy rating, 7.14% have issued a Buy, 64.29% 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 39 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. Mach Natural Resources (NYSE:MNR)


Mach Natural Resources (NYSE:MNR) has an annual dividend yield of 13.84%, which is 10 percentage points higher than the oil and gas industry average of 4.13%.

Mach Natural Resources's dividend payout ratio of 255.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Txo Partners (NYSE:TXO)


Txo Partners (NYSE:TXO) has an annual dividend yield of 13.28%, which is 9 percentage points higher than the oil and gas industry average of 4.13%.

Txo Partners's dividend payout ratio of -92.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Vitesse Energy (NYSE:VTS)


Vitesse Energy (NYSE:VTS) has an annual dividend yield of 11.7%, which is 8 percentage points higher than the oil and gas industry average of 4.13%.

Vitesse Energy's dividend payout ratio of -434% indicates that its high dividend yield might not be sustainable for the long-term.

Why are oil and gas stocks up?

Oil and gas stocks were up 1.07% in the last day, and down -4.72% over the last week. Ring Energy was the among the top gainers in the oil & gas e&p industry, gaining 7.88% yesterday.

Ring Energy shares are trading lower after the company announced the pricing of its $60 million offering of 44,444,445 shares at $1.35 per share.

What are the most undervalued oil and gas stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued oil and gas stocks right now are:

1. Apa (NASDAQ:APA)


Apa (NASDAQ:APA) is the most undervalued oil and gas stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Apa has a valuation score of 29, which is 1 points higher than the oil and gas industry average of 28. It passed 2 out of 7 valuation due diligence checks.

Apa's stock has gained 109.43% in the past year. It has overperformed other stocks in the oil and gas industry by 93 percentage points.

2. Gulfport Energy (NYSE:GPOR)


Gulfport Energy (NYSE:GPOR) is the second most undervalued oil and gas stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Gulfport Energy has a valuation score of 57, which is 29 points higher than the oil and gas industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Gulfport Energy's stock has dropped -6.4% in the past year. It has underperformed other stocks in the oil and gas industry by -23 percentage points.

3. Ring Energy (NYSEMKT:REI)


Ring Energy (NYSEMKT:REI) is the third most undervalued oil and gas stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Ring Energy has a valuation score of 14, which is -14 points higher than the oil and gas industry average of 28. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates REI a Valuation Rating of "B".

Ring Energy's stock has gained 103.66% in the past year. It has overperformed other stocks in the oil and gas industry by 87 percentage points.

Are oil and gas stocks a good buy now?

45.83% 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 20.74% over the next year.

1.45% of oil and gas stocks have a Zen Rating of A (Strong Buy), 11.59% of oil and gas stocks are rated B (Buy), 66.67% are rated C (Hold), 13.04% are rated D (Sell), and 7.25% are rated F (Strong Sell).

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 28.64x.
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.