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.
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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)
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)
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.