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 +28.50% per year, and are the best oil and gas stocks to buy now. Learn More.

Industry: Oil & Gas E&P
A
Oil and Gas is Zen Rated A and is the 19th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Value
Growth
Momentum
Sentiment
Safety
Financials
AI
1w Zen Rating
1m Zen Rating
3m Zen Rating
1y Zen Rating
CRGY
CRESCENT ENERGY CO
ABABBCCCABCB
VET
VERMILION ENERGY INC
ACABCCCBAACD
TALO
TALOS ENERGY INC
ACABBCBBAABD
PR
PERMIAN RESOURCES CORP
ACBBBCABAACD
REI
RING ENERGY INC
ABBCBCCCAABC

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Use the proven Zen Ratings quant model to find stocks with high potential to beat the market. Stocks Zen-Rated "A" have beaten the market by +28.50% annually. Learn More

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Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Oct 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. Crescent Energy Co (NYSE:CRGY)


Crescent Energy Co (NYSE:CRGY) is the #1 top oil and gas stock out of 74 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Crescent Energy Co (NYSE:CRGY) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.

Crescent Energy Co (NYSE:CRGY) has a Due Diligence Score of 31, which is equal to the oil and gas industry average of 31.

CRGY passed 12 out of 38 due diligence checks and has average fundamentals. Crescent Energy Co has seen its stock return 42.03% over the past year, overperforming other oil and gas stocks by 22 percentage points.

Crescent Energy Co has an average 1 year price target of $17.78, an upside of 36.65% from Crescent Energy Co's current stock price of $13.01.

Crescent Energy Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Crescent Energy Co, 77.78% have issued a Strong Buy rating, 0% have issued a Buy, 11.11% have issued a hold, while 11.11% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Vermilion Energy (NYSE:VET)


Vermilion Energy (NYSE:VET) is the #2 top oil and gas stock out of 74 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Vermilion Energy (NYSE:VET) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: B.

Vermilion Energy (NYSE:VET) has a Due Diligence Score of 15, which is -16 points lower than the oil and gas industry average of 31. Although this number is below the industry average, our proven quant model rates VET as a "A".

VET passed 5 out of 38 due diligence checks and has weak fundamentals. Vermilion Energy has seen its stock return 41.7% over the past year, overperforming other oil and gas stocks by 22 percentage points.

3. Talos Energy (NYSE:TALO)


Talos Energy (NYSE:TALO) is the #3 top oil and gas stock out of 74 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Talos Energy (NYSE:TALO) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: B.

Talos Energy (NYSE:TALO) has a Due Diligence Score of 20, which is -11 points lower than the oil and gas industry average of 31. Although this number is below the industry average, our proven quant model rates TALO as a "A".

TALO passed 6 out of 33 due diligence checks and has weak fundamentals. Talos Energy has seen its stock return 67.66% over the past year, overperforming other oil and gas stocks by 48 percentage points.

Talos Energy has an average 1 year price target of $18.83, an upside of 11.11% from Talos Energy's current stock price of $16.95.

Talos Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Talos Energy, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% 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 40 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 16.87%, which is 12 percentage points higher than the oil and gas industry average of 4.41%.

Mach Natural Resources's dividend payout ratio of 303.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Evolution Petroleum (NYSEMKT:EPM)


Evolution Petroleum (NYSEMKT:EPM) has an annual dividend yield of 13.19%, which is 9 percentage points higher than the oil and gas industry average of 4.41%. Evolution Petroleum's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Evolution Petroleum's dividend has shown consistent growth over the last 10 years.

Evolution Petroleum's dividend payout ratio of -600% 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 10.94%, which is 7 percentage points higher than the oil and gas industry average of 4.41%.

Vitesse Energy's dividend payout ratio of -626.1% 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 2.52% in the last day, and up 4.84% over the last week. Sm Energy Co was the among the top gainers in the oil & gas e&p industry, gaining 5.19% yesterday.

Shares of oil and gas-related companies are trading higher amid multiple catalysts including renewed Iranian focus on striking vessels in the Strait of Hormuz, Tehran's hardline stance on nuclear enrichment limits, and Houthi rebel strikes on Saudi Arabia. Also, elevated refined product prices, refining margins, and tanker day rates are benefiting the wider sector.

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. Sm Energy Co (NYSE:SM)


Sm Energy Co (NYSE:SM) is the most undervalued oil and gas stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Sm Energy Co has a valuation score of 71, which is 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Sm Energy Co's stock has gained 46.91% in the past year. It has overperformed other stocks in the oil and gas industry by 27 percentage points.

2. Riley Exploration Permian (NYSEMKT:REPX)


Riley Exploration Permian (NYSEMKT:REPX) 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.

Riley Exploration Permian has a valuation score of 71, which is 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 59.54% in the past year. It has overperformed other stocks in the oil and gas industry by 40 percentage points.

3. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) 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.

Chord Energy has a valuation score of 71, which is 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 44.7% in the past year. It has overperformed other stocks in the oil and gas industry by 25 percentage points.

Are oil and gas stocks a good buy now?

54.35% 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 17.56% over the next year.

16.42% of oil and gas stocks have a Zen Rating of A (Strong Buy), 28.36% of oil and gas stocks are rated B (Buy), 43.28% are rated C (Hold), 10.45% are rated D (Sell), and 1.49% 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 14.87x.
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.