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Sectors & IndustriesEnergyOil & Gas E&P
Best Oil and Gas Stocks to Buy Now (2024)
Top oil and gas stocks in 2024 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
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
CHRD
CHORD ENERGY CORP
$175.791,085,63546.66%170.04166.30160.45161.51159.6172.3596.6792.4096.7788.073.462.620.840.87
GPRK
GEOPARK LTD
$9.46397,01422.42%9.449.178.868.939.4263.7876.0382.3947.1668.030.210.200.010.96
SM
SM ENERGY CO
$49.051,038,878-14.06%48.1046.4041.3239.4838.3774.8686.5490.2141.3968.162.232.180.041.81
MGY
MAGNOLIA OIL & GAS CORP
$25.532,677,19024.40%24.7024.0922.1021.7221.9178.6292.2691.7074.2471.880.880.830.051.22
FANG
DIAMONDBACK ENERGY INC
$196.53986,744-35.78%193.15188.10172.27163.54155.6175.7387.5891.5565.9082.006.486.50-0.021.25
SWN
SOUTHWESTERN ENERGY CO
$7.5114,495,786-5.19%7.247.126.786.706.5373.3592.9489.5093.0587.930.170.140.020.68
TPL
TEXAS PACIFIC LAND CORP
$576.3371,543-37.35%562.53538.68513.82525.77542.8267.6188.5590.4778.8785.5416.8613.872.981.07
SBOW
SILVERBOW RESOURCES INC
$34.69243,976-9.04%34.6832.6129.2429.7932.1769.1783.3084.8628.9443.841.741.670.070.96
VIST
VISTA ENERGY SAB DE CV
$42.24425,19319.81%42.1039.7135.6332.4629.5769.5379.4284.4544.5765.282.202.130.071.20
DVN
DEVON ENERGY CORP
$49.465,542,962-4.71%48.4247.0144.2244.6446.9777.3193.8792.3269.9373.801.381.260.121.42
RRC
RANGE RESOURCES CORP
$34.352,196,15544.46%32.9132.7230.9131.3531.4371.0984.9584.2783.3881.170.690.630.061.07
GPOR
GULFPORT ENERGY CORP
$159.88212,002-7.40%156.64150.64138.64134.80123.5374.9285.6188.3461.4474.206.075.640.420.76
BSM
BLACK STONE MINERALS LP
$15.84220,768-11.38%15.7015.5215.7716.2716.6556.1182.8882.6483.3286.020.04-0.020.060.68
NOG
NORTHERN OIL & GAS INC
$39.021,536,9922.85%38.7937.5135.2436.0337.2767.2077.4983.0248.4364.501.171.080.091.31
VTLE
VITAL ENERGY INC
$50.761,517,69862.96%50.7650.3946.7745.9748.9257.4546.5446.7723.7316.720.981.24-0.262.14
DMLP
DORCHESTER MINERALS LP
$33.9838,652-9.09%33.2032.2531.5630.7330.1371.3986.7485.4762.1463.390.730.570.160.63
MXC
MEXCO ENERGY CORP
$10.182,177513.24%10.039.989.9910.2811.4253.8547.8448.6633.2434.06-0.000.00-0.000.62
CRK
COMSTOCK RESOURCES INC
$9.267,774,916-3.93%8.368.438.078.9610.3270.5886.3872.3297.8785.740.160.070.090.86
CNQ
CANADIAN NATURAL RESOURCES LTD
$75.473,507,17648.42%74.1672.9566.9766.0163.5270.8890.3491.6164.8664.742.372.37-0.011.22
PR
PERMIAN RESOURCES CORP
$17.1513,333,96887.13%16.9316.3914.8814.1013.3975.6986.0188.1043.7461.430.670.660.011.09
HES
HESS CORP
$150.552,091,460-9.11%150.35148.21145.60144.14146.5356.6779.2178.0561.3264.111.331.270.071.19
PHX
PHX MINERALS INC
$3.3284,09335.18%3.113.073.093.213.2972.6981.6381.99100.0096.340.040.000.030.88
PXD
PIONEER NATURAL RESOURCES CO
$260.00848,643-24.32%254.68247.49235.71232.91229.9278.5390.2691.3285.6891.676.695.920.771.15
EOG
EOG RESOURCES INC
$126.392,195,994-25.73%125.08121.54116.26118.90122.0467.8089.3490.7360.7471.723.012.650.361.07
MUR
MURPHY OIL CORP
$45.111,161,536-7.13%44.4142.5440.1841.3342.2469.8993.2992.0373.3680.551.451.260.191.44
EPSN
EPSILON ENERGY LTD
$5.2842,002-30.56%5.125.054.985.105.2970.8185.3490.9397.2495.520.070.040.030.36
MTDR
MATADOR RESOURCES CO
$65.402,304,614-45.69%67.0065.5860.0758.4958.0955.5149.8068.3620.8242.411.882.22-0.341.81
COP
CONOCOPHILLIPS
$126.843,821,550-26.20%122.96118.24113.81114.37114.7678.9896.6995.8398.4897.073.602.680.911.13
MRO
MARATHON OIL CORP
$27.718,858,875-23.98%27.0525.8924.1324.4325.0781.3793.4992.7891.4892.911.010.880.131.26
EGY
VAALCO ENERGY INC
$6.871,304,142-50.28%6.175.264.684.574.4284.1593.8494.9489.7394.810.640.440.201.15
AMPY
AMPLIFY ENERGY CORP
$6.53443,26025.59%6.266.126.096.086.5059.3295.7095.0190.6589.370.090.050.051.58
APA
APA CORP
$33.717,651,562-34.86%33.2332.0131.2433.5236.7059.6675.9082.2759.9174.000.750.540.211.58
CPE
CALLON PETROLEUM CO
$35.122,280,954-13.15%34.6533.3732.3932.5434.5660.3876.1782.1656.8372.070.870.690.181.71
REPX
RILEY EXPLORATION PERMIAN INC
$32.3546,8850.60%30.6528.3124.8625.6929.6174.5294.0292.9049.4267.762.101.790.310.98
CIVI
CIVITAS RESOURCES INC
$74.941,081,7866.68%73.5871.4766.8767.8271.6669.3278.7778.8648.2454.572.352.170.191.12
EQT
EQT CORP
$36.077,125,5782.37%34.2635.3935.3637.2739.3356.8346.7736.4369.1651.69-0.32-0.420.100.88
PNRG
PRIMEENERGY RESOURCES CORP
$99.98503-33.90%100.15100.3798.47101.88100.9150.6338.3345.4917.0020.760.370.56-0.190.86
CTRA
COTERRA ENERGY INC
$27.865,122,063-13.94%27.1726.7525.6325.8126.4268.6288.5487.5674.5581.260.560.480.080.73
WTI
W&T OFFSHORE INC
$2.552,434,68224.42%2.552.642.833.103.5941.4121.2118.7260.5759.88-0.10-0.100.001.41
CPG
CRESCENT POINT ENERGY CORP
$8.065,161,3583.26%7.897.717.037.007.3971.9493.9587.9535.4232.450.270.27-0.001.43
CNX
CNX RESOURCES CORP
$23.724,847,440157.24%22.3121.8120.8120.7120.6675.7491.5493.0095.5897.050.670.490.180.75
HPK
HIGHPEAK ENERGY INC
$15.96227,3513.05%15.7215.6714.9715.0214.9254.4783.5880.0482.8077.510.160.17-0.010.38
KRP
KIMBELL ROYALTY PARTNERS LP
$15.60300,19255.10%15.5015.5115.2615.2915.3054.6364.8865.4157.2559.240.070.070.000.98
CRC
CALIFORNIA RESOURCES CORP
$54.93521,704-34.64%54.4053.1952.2052.0352.0355.5276.1175.2463.9863.920.570.500.070.91
REI
RING ENERGY INC
$1.921,870,07033.62%1.881.701.491.511.7268.4590.8491.7256.7569.480.140.120.021.54
DEC
DIVERSIFIED ENERGY CO PLC
$11.37253,15333.77%17.6417.4817.56N/AN/A66.7078.8063.3298.7481.430.230.020.210.36
EPM
EVOLUTION PETROLEUM CORP
$6.04217,31518.62%5.995.935.725.826.8856.2959.2561.4128.6527.590.080.08-0.011.16
ERF
ENERPLUS CORP
$19.382,727,650-23.37%18.7918.3316.5116.0216.1979.3196.7792.7780.1569.890.700.690.011.27
BRY
BERRY CORP (BRY)
$7.87669,55216.01%7.677.427.017.027.4664.4985.2687.5274.3078.690.250.210.041.20
OVV
OVINTIV INC
$51.362,980,392-2.34%51.1250.5046.0344.9344.8564.8978.6078.0212.3515.411.501.67-0.171.63
PED
PEDEVCO CORP
$0.80109,204100.14%0.800.760.720.770.8656.6351.9159.7930.4040.350.020.020.000.56
SD
SANDRIDGE ENERGY INC
$14.51328,54014.46%14.1413.7113.4513.7814.7365.4990.7589.9281.7381.050.310.240.071.21
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$14.3885,7049.58%14.2014.7315.6816.0316.4541.3325.2027.1074.7174.20-0.52-0.530.010.98
CHK
CHESAPEAKE ENERGY CORP
$87.731,618,949-7.32%85.5084.1780.4579.8182.3469.0486.8386.6981.9288.501.751.580.170.81
TALO
TALOS ENERGY INC
$13.651,750,54750.05%13.3313.1412.9313.4314.5558.3369.1270.5263.2269.820.160.100.061.29
OXY
OCCIDENTAL PETROLEUM CORP
$64.205,687,545-7.64%63.6162.3559.9159.7060.9865.4381.4084.9554.5368.671.191.110.081.38
BTE
BAYTEX ENERGY CORP
$3.5013,866,90715.15%3.453.323.243.403.6558.9077.5681.0965.9375.700.070.050.021.30
CKX
CKX LANDS INC
$13.161,179-70.04%13.3513.3613.3113.0012.1946.4819.1320.5221.2019.32-0.010.02-0.03-0.07
HUSA
HOUSTON AMERICAN ENERGY CORP
$1.3350,8275.63%1.341.321.421.591.8645.6134.2642.2873.6684.01-0.02-0.030.010.21
GRNT
GRANITE RIDGE RESOURCES INC
$6.28704,17796.94%6.306.195.895.956.3455.8871.9078.1041.8255.670.100.11-0.010.22
INDO
INDONESIA ENERGY CORP LTD
$2.1325,331-11.31%2.202.212.432.673.3037.6031.4837.0447.9752.87-0.08-0.080.011.04
OBE
OBSIDIAN ENERGY LTD
$8.14699,585101.36%7.967.557.037.147.1369.2591.1185.6556.0554.750.320.270.041.01
WDS
WOODSIDE ENERGY GROUP LTD
$19.99627,356-7.14%19.6319.6320.1020.4022.0953.1676.1559.5585.8572.29-0.09-0.170.080.52
BRN
BARNWELL INDUSTRIES INC
$2.362,420193.69%2.372.332.352.412.4952.9566.6766.2242.3147.390.020.010.010.55
KOS
KOSMOS ENERGY LTD
$5.899,118,962-17.74%5.855.775.896.316.6651.4865.4866.4561.8264.68-0.01-0.040.031.76
VET
VERMILION ENERGY INC
$12.241,340,29520.12%11.8211.6011.0411.7312.8061.8089.6286.3577.5568.020.270.210.051.50
TXO
TXO PARTNERS LP
$17.6071,342113.87%17.8318.0018.1818.3419.6842.8722.9425.7633.4337.05-0.12-0.09-0.040.21
TELL
TELLURIAN INC
$0.5925,251,770-54.36%0.680.760.670.660.9542.2911.678.8212.856.83-0.04-0.00-0.041.66
CRGY
CRESCENT ENERGY CO
$11.741,436,12217.86%11.3511.2311.0911.4411.6659.4782.4267.9591.1378.050.100.040.060.97
AR
ANTERO RESOURCES CORP
$28.725,574,97695.17%26.7726.5824.3024.1024.8575.5289.9585.8390.2078.780.870.790.081.11
VTS
VITESSE ENERGY INC
$23.71189,555-16.45%23.6123.4122.0522.3122.8357.9847.4758.7321.5527.260.440.51-0.070.86
STR
SITIO ROYALTIES CORP
$24.72719,06242.40%24.2323.8422.4422.5523.9964.8677.4976.7255.4863.840.610.580.030.80
GFR
GREENFIRE RESOURCES LTD
$6.00117,978221.15%0.890.880.861.27N/A49.658.379.9627.4232.14-0.00-0.00-0.000.59
EP
EMPIRE PETROLEUM CORP
$4.9753,511-29.92%5.275.526.007.288.1636.2014.8517.0920.8424.85-0.32-0.28-0.041.00
BATL
BATTALION OIL CORP
$5.7159,077562.45%5.705.776.466.826.6343.3838.0134.1184.8677.26-0.21-0.260.051.06
USEG
US ENERGY CORP
$1.0683,168-45.31%1.041.031.031.081.2554.6365.8681.2179.8693.290.010.000.010.65
MNR
MACH NATURAL RESOURCES LP
$19.04125,41263.36%3.513.898.0610.60N/A20.318.8910.147.9225.02-1.27-1.450.170.24
TPET
TRIO PETROLEUM CORP
$0.081,715,472272.44%1.071.081.251.411.6244.0855.2755.2471.6273.23-0.05-0.060.010.54
VIVK
VIVAKOR INC
$0.80105,560-12.70%0.860.890.920.920.9842.0734.4431.497.0914.48-0.03-0.02-0.010.71
GTE
GRAN TIERRA ENERGY INC
$7.01202,589-50.94%6.606.135.575.776.0079.2393.9093.77100.0099.080.400.310.092.02
KGEI
KOLIBRI GLOBAL ENERGY INC
$3.1629,423770.76%0.690.720.843.87N/A35.1929.5431.3829.9746.16-0.09-0.120.030.52
SOC
SABLE OFFSHORE CORP
$11.1284,109-50.27%11.2411.6811.8611.4210.8937.6631.1530.5342.4640.14-0.23-0.16-0.07-0.01
CEI
CAMBER ENERGY INC
$0.215,679,617158.53%0.200.210.190.220.3955.6532.7219.1840.0815.61-0.000.00-0.001.19
NEXT
NEXTDECADE CORP
$5.39703,960-4.63%5.475.245.074.885.4055.4263.2069.7435.9552.640.140.120.011.47

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Mar 2024?

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 61, which is 27 points higher than the oil and gas industry average of 34. It passed 24 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 36.25% over the past year, overperforming other oil and gas stocks by 14 percentage points.

Chord Energy has an average 1 year price target of $203.83, an upside of 15.95% from Chord Energy's current stock price of $175.79.

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 58, which is 24 points higher than the oil and gas industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Geopark has seen its stock lose -13.13% over the past year, underperforming other oil and gas stocks by -35 percentage points.

Geopark has an average 1 year price target of $11.00, an upside of 16.28% from Geopark's current stock price of $9.46.

Geopark stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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. 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 23 points higher than the oil and gas industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock return 76.95% over the past year, overperforming other oil and gas stocks by 55 percentage points.

Sm Energy Co has an average 1 year price target of $47.57, a downside of -3.02% from Sm Energy Co's current stock price of $49.05.

Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Sm Energy Co, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% 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 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. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 26.26%, which is 23 percentage points higher than the oil and gas industry average of 3.64%.

Sandridge Energy's dividend payout ratio of 224.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) has an annual dividend yield of 11.99%, which is 8 percentage points higher than the oil and gas industry average of 3.64%. Black Stone Minerals's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Black Stone Minerals's dividend has shown consistent growth over the last 10 years.

Black Stone Minerals's dividend payout ratio of 99.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 10.77%, which is 7 percentage points higher than the oil and gas industry average of 3.64%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% six 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 186% 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 1.7% in the last day, and up 1.47% 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. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Chord Energy has a valuation score of 86, which is 44 points higher than the oil and gas industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 36.25% in the past year. It has overperformed other stocks in the oil and gas industry by 14 percentage points.

2. Highpeak Energy (NASDAQ:HPK)


Highpeak Energy (NASDAQ:HPK) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Highpeak Energy has a valuation score of 86, which is 44 points higher than the oil and gas industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Highpeak Energy's stock has dropped -27.88% in the past year. It has underperformed other stocks in the oil and gas industry by -50 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 71, which is 29 points higher than the oil and gas industry average of 42. It passed 5 out of 7 valuation due diligence checks.

Diamondback Energy's stock has gained 52.87% in the past year. It has overperformed other stocks in the oil and gas industry by 31 percentage points.

Are oil and gas stocks a good buy now?

51.92% 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 6.18% 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 12.88x.
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.