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
B
Oil and Gas is Zen Rated B and is the 35th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
APA
APA CORP
45
57
57
22
50
40
REPX
RILEY EXPLORATION PERMIAN INC
57
71
29
67
40
80
OXY
OCCIDENTAL PETROLEUM CORP
39
43
71
11
30
40
CRGY
CRESCENT ENERGY CO
31
29
29
56
20
20
GRNT
GRANITE RIDGE RESOURCES INC
22
14
14
22
20
40

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Use Due Diligence Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Nov 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. Apa (NASDAQ:APA)


Apa (NASDAQ:APA) is the #1 top oil and gas stock out of 75 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 Apa (NASDAQ:APA) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: B.

Apa (NASDAQ:APA) has a Due Diligence Score of 45, which is 14 points higher than the oil and gas industry average of 31.

APA passed 17 out of 38 due diligence checks and has strong fundamentals. Apa has seen its stock return 82.96% over the past year, overperforming other oil and gas stocks by 72 percentage points.

Apa has an average 1 year price target of $47.67, an upside of 7% from Apa's current stock price of $44.55.

Apa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 19 analysts covering Apa, 21.05% have issued a Strong Buy rating, 5.26% have issued a Buy, 63.16% have issued a hold, while 5.26% have issued a Sell rating, and 5.26% have issued a Strong Sell.

2. Riley Exploration Permian (NYSEMKT:REPX)


Riley Exploration Permian (NYSEMKT:REPX) is the #2 top oil and gas stock out of 75 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 Riley Exploration Permian (NYSEMKT:REPX) is: Value: B, Growth: C, Momentum: B, Sentiment: C, Safety: D, Financials: B, and AI: B.

Riley Exploration Permian (NYSEMKT:REPX) has a Due Diligence Score of 57, which is 26 points higher than the oil and gas industry average of 31.

REPX passed 21 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock return 62.88% over the past year, overperforming other oil and gas stocks by 52 percentage points.

Riley Exploration Permian has an average 1 year price target of $43.00, an upside of 6.28% from Riley Exploration Permian's current stock price of $40.46.

Riley Exploration Permian stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Riley Exploration Permian, 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. Occidental Petroleum (NYSE:OXY)


Occidental Petroleum (NYSE:OXY) is the #3 top oil and gas stock out of 75 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 Occidental Petroleum (NYSE:OXY) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: A.

Occidental Petroleum (NYSE:OXY) has a Due Diligence Score of 39, which is 8 points higher than the oil and gas industry average of 31.

OXY passed 14 out of 38 due diligence checks and has average fundamentals. Occidental Petroleum has seen its stock return 33.4% over the past year, overperforming other oil and gas stocks by 23 percentage points.

Occidental Petroleum has an average 1 year price target of $72.39, an upside of 29.82% from Occidental Petroleum's current stock price of $55.76.

Occidental Petroleum stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Occidental Petroleum, 38.46% have issued a Strong Buy rating, 23.08% have issued a Buy, 38.46% 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. Mach Natural Resources (NYSE:MNR)


Mach Natural Resources (NYSE:MNR) has an annual dividend yield of 19.59%, which is 15 percentage points higher than the oil and gas industry average of 4.74%.

Mach Natural Resources's dividend payout ratio of 191.5% 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 13.56%, which is 9 percentage points higher than the oil and gas industry average of 4.74%. 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 12.66%, which is 8 percentage points higher than the oil and gas industry average of 4.74%.

Vitesse Energy's dividend payout ratio of -163.3% 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 0.59% in the last day, and down -9.66% over the last week. Ckx Lands was the among the top gainers in the oil & gas e&p industry, gaining 58.15% yesterday.

CKX Lands shares are trading higher after the company and Brad Jacobs-led Jacobs Private Equity II announced that JPE and minority co-investors have agreed to invest $1 billion in cash in CKX.

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 57.89% in the past year. It has overperformed other stocks in the oil and gas industry by 47 percentage points.

2. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) 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.

Chord Energy has a valuation score of 43, which is 13 points higher than the oil and gas industry average of 30. It passed 3 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 57.56% in the past year. It has overperformed other stocks in the oil and gas industry by 47 percentage points.

3. Vista Energy Sab De CV (NYSE:VIST)


Vista Energy Sab De CV (NYSE:VIST) 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.

Vista Energy Sab De CV has a valuation score of 57, which is 27 points higher than the oil and gas industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Vista Energy Sab De CV's stock has gained 17.6% in the past year. It has overperformed other stocks in the oil and gas industry by 7 percentage points.

Are oil and gas stocks a good buy now?

55.32% 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 28.45% over the next year.

8.82% of oil and gas stocks have a Zen Rating of A (Strong Buy), 30.88% of oil and gas stocks are rated B (Buy), 45.59% are rated C (Hold), 7.35% are rated D (Sell), and 7.35% 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 11.9x.
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.