According to Zen Score, the 3 best oil stocks to buy right now are:
1. Chord Energy (NASDAQ:CHRD)
Chord Energy (NASDAQ:CHRD) is the top oil and gas stock with a Zen Score of 64, which is 32 points higher than the oil and gas industry average of 32. It passed 25 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 29.91% over the past year, overperforming other oil and gas stocks by 6 percentage points.
Chord Energy has an average 1 year
price target of $208.17, an upside of 18.29% from Chord Energy's current stock price of $175.98.
Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chord Energy, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Geopark (NYSE:GPRK)
Geopark (NYSE:GPRK) is the second best oil and gas stock with a Zen Score of 56, which is 24 points higher than the oil and gas industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Geopark has seen its stock lose -7.68% over the past year, underperforming other oil and gas stocks by -32 percentage points.
Geopark has an average 1 year
price target of $12.50, an upside of 33.26% from Geopark's current stock price of $9.38.
Geopark stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts 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.
3. Magnolia Oil & Gas (NYSE:MGY)
Magnolia Oil & Gas (NYSE:MGY) is the third best oil and gas stock with a Zen Score of 55, which is 23 points higher than the oil and gas industry average of 32. It passed 21 out of 38 due diligence checks and has strong fundamentals. Magnolia Oil & Gas has seen its stock return 26.44% over the past year, overperforming other oil and gas stocks by 3 percentage points.
Magnolia Oil & Gas has an average 1 year
price target of $27.13, an upside of 8.02% from Magnolia Oil & Gas's current stock price of $25.11.
Magnolia Oil & Gas stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Magnolia Oil & Gas, 37.5% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.