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. Epsilon Energy (NASDAQ:EPSN)
The Component Grade breakdown for Epsilon Energy (NASDAQ:EPSN) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: B.
Epsilon Energy (NASDAQ:EPSN) has a Due Diligence Score of 28, which is -1 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates EPSN as a "B".
EPSN passed 10 out of 38 due diligence checks and has average fundamentals. Epsilon Energy has seen its stock return 39.11% over the past year, overperforming other oil and gas stocks by 37 percentage points.
2. Granite Ridge Resources (NYSE:GRNT)
The Component Grade breakdown for Granite Ridge Resources (NYSE:GRNT) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Granite Ridge Resources (NYSE:GRNT) has a Due Diligence Score of 39, which is 10 points higher than the oil and gas industry average of 29.
GRNT passed 15 out of 38 due diligence checks and has average fundamentals. Granite Ridge Resources has seen its stock lose -0.16% over the past year, underperforming other oil and gas stocks by -2 percentage points.
Granite Ridge Resources has an average 1 year
price target of $8.00, an upside of 26.18% from Granite Ridge Resources's current stock price of $6.34.
Granite Ridge Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Granite Ridge Resources, 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. Riley Exploration Permian (NYSEMKT:REPX)
The Component Grade breakdown for Riley Exploration Permian (NYSEMKT:REPX) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: C.
Riley Exploration Permian (NYSEMKT:REPX) has a Due Diligence Score of 57, which is 28 points higher than the oil and gas industry average of 29.
REPX passed 20 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock lose -4.83% over the past year, underperforming other oil and gas stocks by -6 percentage points.
Riley Exploration Permian has an average 1 year
price target of $47.00, an upside of 76.82% from Riley Exploration Permian's current stock price of $26.58.
Riley Exploration Permian stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.