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 60, which is 29 points higher than the oil and gas industry average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 29.86% over the past year, overperforming other oil and gas stocks by 2 percentage points.
Chord Energy has an average 1 year
price target of $216.00, an upside of 20.69% from Chord Energy's current stock price of $178.97.
Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Chord Energy, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Diamondback Energy (NASDAQ:FANG)
Diamondback Energy (NASDAQ:FANG) is the second best oil and gas stock with a Zen Score of 58, which is 27 points higher than the oil and gas industry average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Diamondback Energy has seen its stock return 55.85% over the past year, overperforming other oil and gas stocks by 28 percentage points.
Diamondback Energy has an average 1 year
price target of $216.25, an upside of 11.13% from Diamondback Energy's current stock price of $194.59.
Diamondback Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Diamondback Energy, 62.5% have issued a Strong Buy rating, 18.75% have issued a Buy, 18.75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Sm Energy Co (NYSE:SM)
Sm Energy Co (NYSE:SM) is the third best oil and gas stock with a Zen Score of 57, which is 26 points higher than the oil and gas industry average of 31. It passed 21 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock return 88.67% over the past year, overperforming other oil and gas stocks by 61 percentage points.
Sm Energy Co has an average 1 year
price target of $52.89, an upside of 9.16% from Sm Energy Co's current stock price of $48.45.
Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Sm Energy Co, 44.44% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.