Sectors & Industries EnergyOil & 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 +32.52% per year, and are the best oil and gas stocks to buy now. Learn More.

Industry: Oil & Gas E&P

Value Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Oil and Gas is Zen Rated C and is the 83rd ranked industry out of 146 stock market industries

Ticker	Company	Price	1d %	1w %	1m %	3m %	6m %	1y %	3y %	5y %	10y %	52-week High	52-week Low	% off 52-week High	% off 52-week Low	Beta	Volume	Vol 1d %
CHRD	CHORD ENERGY CORP	$134.79	-3.77%	2.21%	-9.63%	12.99%	38.03%	46.51%	-7.86%	46.40%	N/A	$151.95	$84.25	11.29%	60.00%	0.89	447,000	-30.91%
REI	RING ENERGY INC	$1.26	-6.67%	-2.33%	-36.36%	-18.71%	33.90%	70.27%	-30.00%	-50.59%	-85.84%	$2.00	$0.72	37.00%	75.00%	1.09	3,538,000	24.58%
REPX	RILEY EXPLORATION PERMIAN INC	$34.72	-4.30%	4.39%	-5.78%	7.16%	24.89%	31.17%	2.18%	-16.40%	335.69%	$41.53	$24.08	16.40%	44.19%	1.23	204,000	-6.42%
SM	SM ENERGY CO	$32.21	-5.15%	4.88%	3.20%	25.92%	60.09%	34.15%	18.46%	39.14%	-5.04%	$35.86	$17.45	10.18%	84.58%	1.25	3,222,000	-11.87%
EOG	EOG RESOURCES INC	$137.78	-2.20%	3.30%	-2.16%	5.15%	22.83%	24.09%	23.40%	58.31%	69.53%	$151.87	$101.59	9.28%	35.62%	0.64	2,750,000	67.48%
APA	APA CORP	$36.57	-4.32%	0.38%	-11.84%	12.94%	34.94%	104.87%	10.58%	56.15%	-34.25%	$45.66	$17.74	19.91%	106.20%	1.11	3,527,000	34.11%
CRGY	CRESCENT ENERGY CO	$11.54	-5.41%	-0.17%	-17.10%	-1.45%	15.63%	33.10%	20.08%	N/A	N/A	$14.29	$7.68	19.24%	50.26%	1.09	3,688,000	30.59%
DMLP	DORCHESTER MINERALS LP	$27.48	-2.28%	1.48%	2.00%	2.31%	19.53%	1.18%	-6.24%	78.79%	96.85%	$28.95	$20.85	5.08%	31.80%	0.43	133,000	77.33%
KGEI	KOLIBRI GLOBAL ENERGY INC	$5.36	-5.30%	4.69%	-5.96%	14.78%	33.33%	-20.24%	N/A	N/A	N/A	$8.27	$3.35	35.19%	60.00%	0.49	122,000	-6.87%
SD	SANDRIDGE ENERGY INC	$14.81	-5.37%	0.95%	-4.20%	-14.24%	-2.69%	42.68%	0.68%	133.60%	N/A	$18.45	$9.89	19.73%	49.73%	0.91	185,000	-2.63%
TALO	TALOS ENERGY INC	$14.44	-5.62%	-1.57%	-9.24%	9.06%	21.86%	83.25%	7.20%	-9.81%	N/A	$17.05	$7.67	15.31%	88.27%	1.12	1,284,000	-20.94%
WTI	W&T OFFSHORE INC	$3.70	-9.76%	0.54%	-12.11%	31.67%	100.00%	131.25%	-7.50%	-17.23%	73.71%	$5.08	$1.50	27.17%	146.67%	0.96	4,027,000	25.88%
OVV	OVINTIV INC	$56.70	-4.37%	1.18%	-10.11%	7.73%	34.11%	53.00%	57.41%	79.43%	35.32%	$63.46	$35.51	10.65%	59.67%	1.14	1,960,000	0.10%
MUR	MURPHY OIL CORP	$38.67	-3.25%	6.85%	-7.20%	12.84%	18.08%	79.53%	5.34%	60.86%	23.04%	$43.34	$21.86	10.78%	76.90%	1.04	1,474,000	-35.52%
MGY	MAGNOLIA OIL & GAS CORP	$27.51	-2.45%	0.55%	-10.86%	-5.76%	16.62%	24.37%	39.64%	90.38%	N/A	$32.76	$21.07	16.03%	30.60%	0.96	3,201,000	71.18%
CRC	CALIFORNIA RESOURCES CORP	$58.34	-4.36%	-1.60%	-16.81%	-8.20%	22.46%	32.62%	44.30%	78.52%	N/A	$71.98	$43.25	18.95%	34.91%	0.96	635,000	-17.32%
OXY	OCCIDENTAL PETROLEUM CORP	$56.93	-2.97%	0.53%	-4.06%	6.93%	34.17%	36.13%	-4.16%	95.23%	-24.51%	$67.45	$38.80	15.60%	46.73%	0.74	7,067,000	-5.03%
MTDR	MATADOR RESOURCES CO	$53.57	-3.91%	-0.06%	-14.87%	-2.62%	18.47%	19.66%	14.34%	63.62%	129.13%	$66.84	$37.14	19.85%	44.24%	1.11	1,216,000	-14.49%
CNQ	CANADIAN NATURAL RESOURCES LTD	$45.70	-4.11%	0.73%	-4.49%	0.84%	31.85%	47.47%	65.01%	143.60%	205.28%	$51.34	$29.30	10.99%	55.97%	0.75	4,678,000	-12.46%
GTE	GRAN TIERRA ENERGY INC	$7.62	-7.41%	-1.93%	-18.85%	3.39%	61.78%	60.42%	39.82%	967.23%	143.45%	$9.74	$3.09	21.77%	146.60%	2.10	319,000	51.90%
VIST	VISTA ENERGY SAB DE CV	$74.42	-2.74%	0.30%	3.20%	22.28%	46.27%	53.13%	237.97%	1,737.53%	N/A	$81.44	$31.63	8.62%	135.28%	0.88	462,000	49.51%
NOG	NORTHERN OIL & GAS INC	$20.98	-4.11%	-3.63%	-21.28%	-25.97%	-15.57%	-24.53%	-32.48%	7.48%	-53.79%	$32.62	$20.18	35.68%	3.96%	1.16	2,019,000	-29.18%
DVN	DEVON ENERGY CORP	$44.28	-3.72%	-0.47%	-13.16%	-0.54%	18.17%	40.93%	-8.46%	43.21%	17.89%	$52.71	$31.45	15.99%	40.79%	0.96	10,886,000	-16.87%
DEC	DIVERSIFIED ENERGY CO	$13.82	-2.06%	-5.02%	-15.53%	-4.95%	-12.75%	-1.36%	N/A	N/A	N/A	$18.90	$12.33	26.88%	12.08%	0.59	825,000	19.91%
RRC	RANGE RESOURCES CORP	$39.10	-3.43%	0.39%	-9.15%	-6.53%	-1.26%	4.55%	44.44%	168.91%	-13.19%	$48.31	$32.60	19.06%	19.94%	0.95	1,992,000	-29.69%
FANG	DIAMONDBACK ENERGY INC	$192.62	-5.09%	0.60%	-6.58%	7.58%	21.45%	40.14%	47.81%	120.92%	111.97%	$214.51	$134.30	10.20%	43.43%	0.84	3,749,000	-21.45%
PR	PERMIAN RESOURCES CORP	$19.17	-4.91%	-0.31%	-14.46%	1.75%	28.49%	46.22%	96.21%	202.37%	90.18%	$22.68	$11.92	15.46%	60.82%	1.16	8,851,000	75.30%
ANNA	ALEANNA INC	$3.04	-5.59%	0.66%	-10.59%	-20.83%	-10.32%	-66.65%	-70.71%	N/A	N/A	$10.64	$2.31	71.43%	31.60%	-0.41	208,000	35.95%
KOS	KOSMOS ENERGY LTD	$2.81	-6.95%	0.36%	-9.94%	11.07%	144.35%	59.66%	-56.70%	-17.11%	-51.64%	$3.34	$0.84	15.87%	236.12%	1.19	9,896,000	49.74%
COP	CONOCOPHILLIPS	$117.14	-1.75%	2.77%	-5.01%	0.27%	25.03%	37.25%	14.76%	95.85%	157.34%	$135.87	$85.57	13.79%	36.89%	0.66	4,440,000	-7.71%
MNR	MACH NATURAL RESOURCES LP	$13.45	-2.18%	1.28%	-2.25%	0.52%	7.69%	3.46%	N/A	N/A	N/A	$15.60	$10.46	13.78%	28.59%	0.49	221,000	-32.83%
EPSN	EPSILON ENERGY LTD	$5.79	-2.36%	2.30%	-8.24%	3.02%	16.97%	-19.58%	17.44%	40.70%	N/A	$8.50	$4.20	31.88%	37.86%	0.45	107,000	21.59%
INR	INFINITY NATURAL RESOURCES INC	$13.16	-2.01%	-2.88%	-21.76%	-25.94%	-11.20%	-18.11%	N/A	N/A	N/A	$19.90	$11.13	33.87%	18.24%	0.75	501,000	15.44%
AR	ANTERO RESOURCES CORP	$35.56	-4.15%	-0.53%	-9.12%	-8.61%	-3.24%	-4.38%	71.54%	163.99%	21.32%	$45.75	$29.10	22.27%	22.20%	1.04	3,923,000	23.13%
PNRG	PRIMEENERGY RESOURCES CORP	$183.60	-0.51%	11.53%	-21.46%	-12.69%	-3.37%	27.26%	91.25%	282.50%	196.13%	$278.90	$126.40	34.17%	45.25%	0.62	26,900	4.67%
GPOR	GULFPORT ENERGY CORP	$168.06	-1.75%	-0.31%	-13.92%	-20.15%	-22.40%	-10.87%	72.56%	170.32%	N/A	$225.78	$160.95	25.56%	4.42%	0.75	232,000	-10.77%
VET	VERMILION ENERGY INC	$11.34	-5.34%	1.89%	-16.80%	-0.09%	25.44%	62.70%	-4.71%	33.25%	-67.30%	$14.82	$7.00	23.48%	62.00%	1.03	1,141,000	47.80%
TPL	TEXAS PACIFIC LAND CORP	$389.79	-4.16%	-0.82%	-9.44%	-25.51%	26.41%	6.98%	160.78%	132.79%	1,943.67%	$547.20	$269.23	28.77%	44.78%	0.98	291,000	-15.65%
EONR	EON RESOURCES INC	$0.60	-7.95%	2.56%	-20.48%	-1.31%	28.63%	40.33%	-94.30%	N/A	N/A	$1.58	$0.27	61.90%	125.47%	-0.20	625,000	-12.10%
CNX	CNX RESOURCES CORP	$33.59	-1.29%	-0.30%	-11.65%	-21.17%	-17.87%	7.80%	111.92%	133.75%	161.24%	$43.62	$27.72	22.99%	21.18%	0.67	708,000	-17.39%
BTE	BAYTEX ENERGY CORP	$4.76	-6.30%	-2.66%	-8.99%	19.60%	46.46%	178.36%	37.97%	176.10%	-15.90%	$5.36	$1.76	11.19%	170.45%	1.10	16,123,000	-16.92%
OBE	OBSIDIAN ENERGY LTD	$11.06	-8.82%	1.00%	-20.60%	28.31%	76.96%	115.18%	81.31%	337.15%	88.10%	$14.59	$5.27	24.19%	109.87%	1.03	898,000	54.83%
WDS	WOODSIDE ENERGY GROUP LTD	$21.33	-4.39%	-2.29%	-9.12%	-2.47%	28.65%	43.54%	-7.02%	N/A	7.40%	$25.19	$14.27	15.32%	49.47%	0.72	624,000	30.00%
EXE	EXPAND ENERGY CORP	$92.07	-1.42%	-0.98%	-7.71%	-13.69%	-25.06%	-20.33%	18.51%	65.77%	N/A	$126.62	$90.79	27.29%	1.41%	0.70	3,443,000	34.81%
GRNT	GRANITE RIDGE RESOURCES INC	$4.81	-3.61%	-1.03%	-21.28%	-9.93%	-11.25%	-17.35%	-20.76%	-50.82%	N/A	$6.72	$4.18	28.42%	15.07%	0.48	976,000	41.04%
BSM	BLACK STONE MINERALS LP	$13.89	0.07%	2.43%	1.46%	-10.04%	-5.70%	2.51%	-13.57%	38.90%	-11.08%	$15.49	$11.78	10.33%	17.91%	0.52	428,000	84.48%
EQT	EQT CORP	$53.75	-2.70%	-2.15%	-8.46%	-12.84%	-11.42%	-2.86%	49.14%	146.11%	-27.44%	$68.24	$48.47	21.23%	10.89%	0.89	4,988,000	32.41%
PED	PEDEVCO CORP	$13.36	-2.98%	3.97%	-21.32%	4.55%	18.44%	2.77%	-24.18%	-54.86%	-75.26%	$18.89	$8.64	29.27%	54.63%	0.53	5,400	-78.49%
KRP	KIMBELL ROYALTY PARTNERS LP	$15.26	-1.17%	1.67%	-0.97%	4.81%	18.94%	16.31%	2.35%	18.20%	N/A	$15.65	$11.31	2.49%	34.92%	0.54	612,000	36.30%
BRN	BARNWELL INDUSTRIES INC	$1.07	-1.83%	2.88%	-6.96%	-16.41%	-3.60%	-10.08%	-60.37%	-67.18%	-30.52%	$2.28	$0.92	53.07%	16.18%	0.37	50,000	-35.06%
CLMT	CALUMET INC	$35.17	-5.99%	-0.85%	-2.36%	16.11%	81.85%	166.24%	117.84%	471.87%	710.37%	$38.73	$12.94	9.19%	171.90%	0.90	1,274,000	108.85%
INDO	INDONESIA ENERGY CORP LTD	$2.67	-9.18%	-6.97%	-16.56%	-47.13%	-11.00%	7.66%	-44.49%	-52.49%	N/A	$8.50	$2.52	68.59%	5.95%	0.03	768,000	157.72%
GFR	GREENFIRE RESOURCES LTD	$5.66	-5.35%	0.53%	-14.89%	-11.15%	10.76%	29.22%	N/A	N/A	N/A	$7.02	$4.10	19.37%	38.05%	0.67	169,000	42.02%
EP	EMPIRE PETROLEUM CORP	$2.70	-1.82%	6.30%	-2.53%	-19.88%	-14.01%	-45.01%	-74.16%	-67.86%	467.23%	$6.31	$2.41	57.21%	12.03%	0.97	66,000	-43.10%
TXO	TXO PARTNERS LP	$13.44	-2.47%	5.66%	7.52%	5.74%	7.61%	-9.80%	-38.91%	N/A	N/A	$16.26	$10.12	17.34%	32.81%	0.32	206,000	-49.26%
HPK	HIGHPEAK ENERGY INC	$7.56	-8.92%	6.48%	11.34%	41.57%	31.02%	-28.41%	-44.00%	-23.09%	N/A	$12.00	$3.85	37.00%	96.36%	1.00	586,000	-30.24%
EGY	VAALCO ENERGY INC	$5.29	-5.70%	1.34%	-18.87%	-0.38%	49.01%	57.44%	30.30%	64.80%	364.04%	$6.72	$3.37	21.22%	57.21%	0.95	1,017,000	61.17%
GLND	GREENLAND ENERGY CO	$2.62	-7.42%	-16.29%	-9.66%	-74.49%	-74.16%	-73.88%	N/A	N/A	N/A	$23.00	$2.56	88.61%	2.54%	-0.39	1,210,000	46.14%
BATL	BATTALION OIL CORP	$1.32	-5.71%	-8.97%	-61.96%	-93.05%	10.00%	-0.45%	-80.39%	-89.35%	N/A	$29.70	$1.00	95.56%	32.00%	0.31	2,428,000	-4.60%
VTS	VITESSE ENERGY INC	$17.62	-1.07%	1.97%	-6.62%	-8.52%	-18.16%	-20.38%	-25.90%	N/A	N/A	$27.15	$16.91	35.10%	4.20%	0.75	433,000	35.31%
AGIG	ABUNDIA GLOBAL IMPACT GROUP INC	$1.07	-6.96%	-8.55%	-7.76%	-50.46%	-50.46%	-77.71%	-95.56%	-93.74%	-96.42%	$25.56	$1.01	95.81%	5.94%	-0.50	174,000	35.94%
USEG	US ENERGY CORP	$0.99	-9.63%	-1.50%	-11.26%	-14.35%	-7.08%	-19.92%	-32.99%	-76.15%	-95.56%	$2.75	$0.66	64.18%	50.38%	0.48	1,036,000	7.36%
AMPY	AMPLIFY ENERGY CORP	$4.37	-5.82%	-5.62%	-30.19%	-27.17%	-21.40%	34.46%	-38.19%	12.92%	N/A	$6.79	$3.11	35.64%	40.51%	1.05	1,045,000	161.25%
EPM	EVOLUTION PETROLEUM CORP	$4.40	-3.30%	3.77%	-11.11%	-2.44%	4.51%	-6.58%	-46.01%	-3.51%	-22.26%	$5.70	$3.19	22.81%	37.93%	0.77	207,000	-54.20%
CRK	COMSTOCK RESOURCES INC	$13.00	-6.00%	-2.48%	-24.99%	-38.27%	-52.50%	-46.35%	36.13%	120.34%	205.88%	$31.17	$12.85	58.30%	1.17%	1.09	2,316,000	22.28%
NUAI	NEW ERA ENERGY & DIGITAL INC	$4.85	-19.44%	1.68%	13.85%	2.97%	12.27%	736.21%	-52.68%	N/A	N/A	$9.45	$0.33	48.65%	1,392.31%	0.81	11,034,000	36.86%
NEXT	NEXTDECADE CORP	$8.53	-1.50%	7.84%	8.11%	55.66%	38.70%	4.92%	49.91%	145.11%	-14.27%	$12.12	$4.75	29.62%	79.58%	1.09	2,151,000	-5.20%
BKV	BKV CORP	$25.95	-4.00%	-2.22%	-19.31%	-16.02%	-10.52%	17.90%	N/A	N/A	N/A	$32.81	$19.56	20.91%	32.67%	1.01	635,000	8.18%
TBN	TAMBORAN RESOURCES CORP	$35.57	0.88%	5.83%	0.59%	14.74%	35.97%	68.82%	N/A	N/A	N/A	$52.21	$17.29	31.87%	105.73%	0.38	245,000	59.09%
CKX	CKX LANDS INC	$10.26	-6.28%	-3.48%	-7.48%	-7.15%	5.77%	-8.23%	2.50%	-22.42%	-10.78%	$13.25	$8.66	22.57%	18.48%	0.02	600	-45.45%
MXC	MEXCO ENERGY CORP	$8.92	1.20%	1.90%	-6.57%	-32.04%	-2.60%	32.09%	-18.75%	-1.81%	255.22%	$16.40	$6.75	45.63%	32.09%	-0.01	18,400	228.57%
GPRK	GEOPARK LTD	$10.57	-4.60%	3.12%	7.64%	19.98%	28.12%	56.59%	7.20%	-31.72%	298.87%	$11.87	$5.75	10.95%	83.83%	0.78	636,000	49.30%
TPET	TRIO PETROLEUM CORP	$0.36	-6.82%	-2.47%	-30.66%	-77.67%	-61.12%	-67.43%	-98.79%	N/A	N/A	$2.50	$0.34	85.80%	4.41%	-1.19	936,000	-48.77%

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Jun 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. Chord Energy (NASDAQ:CHRD)

Chord Energy (NASDAQ:CHRD) is the #1 top oil and gas stock out of 73 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Chord Energy (NASDAQ:CHRD) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: A.

Chord Energy (NASDAQ:CHRD) has a Due Diligence Score of 23, which is -6 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates CHRD as a "A".

CHRD passed 8 out of 38 due diligence checks and has weak fundamentals. Chord Energy has seen its stock return 46.51% over the past year, overperforming other oil and gas stocks by 29 percentage points.

Chord Energy has an average 1 year price target of $157.64, an upside of 16.95% from Chord Energy's current stock price of $134.79.

Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Chord Energy, 54.55% have issued a Strong Buy rating, 18.18% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) is the #2 top oil and gas stock out of 73 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Ring Energy (NYSEMKT:REI) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.

Ring Energy (NYSEMKT:REI) has a Due Diligence Score of 16, which is -13 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates REI as a "B".

REI passed 5 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock return 70.27% over the past year, overperforming other oil and gas stocks by 53 percentage points.

3. Riley Exploration Permian (NYSEMKT:REPX)

Riley Exploration Permian (NYSEMKT:REPX) is the #3 top oil and gas stock out of 73 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Riley Exploration Permian (NYSEMKT:REPX) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: A.

Riley Exploration Permian (NYSEMKT:REPX) has a Due Diligence Score of 63, which is 34 points higher than the oil and gas industry average of 29.

REPX passed 23 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock return 31.17% over the past year, overperforming other oil and gas stocks by 13 percentage points.

Riley Exploration Permian has an average 1 year price target of $49.50, an upside of 42.57% from Riley Exploration Permian's current stock price of $34.72.

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.

What are the oil and gas stocks with highest dividends?

Out of 39 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 13.53%, which is 9 percentage points higher than the oil and gas industry average of 4.32%.

Mach Natural Resources's dividend payout ratio of 255.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Vitesse Energy (NYSE:VTS)

Vitesse Energy (NYSE:VTS) has an annual dividend yield of 12.07%, which is 8 percentage points higher than the oil and gas industry average of 4.32%.

Vitesse Energy's dividend payout ratio of -434% indicates that its high dividend yield might not be sustainable for the long-term.

3. Evolution Petroleum (NYSEMKT:EPM)

Evolution Petroleum (NYSEMKT:EPM) has an annual dividend yield of 10.91%, which is 7 percentage points higher than the oil and gas industry average of 4.32%. 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 -436.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are oil and gas stocks down?

Oil and gas stocks were down -3.32% in the last day, and up 1.25% over the last week. New Era Energy & Digital was the among the top losers in the oil & gas e&p industry, dropping -19.44% yesterday.

Shares of oil and gas companies are trading lower amid a stronger dollar following solid U.S. jobs data. Also, the commodity may be responding to optimism in the Middle East conflict after Lebanon's President countered Iran's use of the country as a "bargaining chip," saying that Iran-backed Hezbollah needs to "sit and talk" amid diplomatic efforts.

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. Apa (NASDAQ:APA)

Apa (NASDAQ:APA) is the 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.

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

Apa's stock has gained 104.87% in the past year. It has overperformed other stocks in the oil and gas industry by 87 percentage points.

2. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) 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.

Ring Energy has a valuation score of 14, which is -13 points higher than the oil and gas industry average of 27. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates REI a Valuation Rating of "B".

Ring Energy's stock has gained 70.27% in the past year. It has overperformed other stocks in the oil and gas industry by 53 percentage points.

3. Riley Exploration Permian (NYSEMKT:REPX)

Riley Exploration Permian (NYSEMKT:REPX) 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.

Riley Exploration Permian has a valuation score of 71, which is 44 points higher than the oil and gas industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 31.17% in the past year. It has overperformed other stocks in the oil and gas industry by 13 percentage points.

Are oil and gas stocks a good buy now?

45.83% 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 28.73% over the next year.

1.45% of oil and gas stocks have a Zen Rating of A (Strong Buy), 17.39% of oil and gas stocks are rated B (Buy), 59.42% are rated C (Hold), 14.49% are rated D (Sell), and 7.25% 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 27.71x.

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.

Sectors & Industries EnergyOil & 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 +32.52% per year, and are the best oil and gas stocks to buy now. Learn More.

Oil and Gas Stocks FAQ

1. Chord Energy (NASDAQ:CHRD)

2. Ring Energy (NYSEMKT:REI)

3. Riley Exploration Permian (NYSEMKT:REPX)

1. Mach Natural Resources (NYSE:MNR)

2. Vitesse Energy (NYSE:VTS)

3. Evolution Petroleum (NYSEMKT:EPM)

1. Apa (NASDAQ:APA)

2. Ring Energy (NYSEMKT:REI)

3. Riley Exploration Permian (NYSEMKT:REPX)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesEnergyOil & Gas E&PBest 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 +32.52% per year, and are the best oil and gas stocks to buy now. Learn More.

Oil and Gas Stocks FAQ

1. Chord Energy (NASDAQ:CHRD)

2. Ring Energy (NYSEMKT:REI)

3. Riley Exploration Permian (NYSEMKT:REPX)

1. Mach Natural Resources (NYSE:MNR)

2. Vitesse Energy (NYSE:VTS)

3. Evolution Petroleum (NYSEMKT:EPM)

1. Apa (NASDAQ:APA)

2. Ring Energy (NYSEMKT:REI)

3. Riley Exploration Permian (NYSEMKT:REPX)

Company

Stock Tools

Stock Ideas

Sectors & Industries EnergyOil & 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 +32.52% per year, and are the best oil and gas stocks to buy now. Learn More.