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 86th 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 %
REI	RING ENERGY INC	$1.32	-4.35%	-5.71%	-16.46%	-0.75%	49.49%	67.09%	-26.67%	-38.89%	-83.72%	$2.00	$0.72	34.00%	83.33%	1.08	4,719,000	76.54%
CHRD	CHORD ENERGY CORP	$137.86	-4.25%	-7.88%	0.12%	30.82%	49.41%	51.25%	-7.38%	59.10%	N/A	$151.95	$84.25	9.27%	63.64%	0.88	519,000	-2.63%
EOG	EOG RESOURCES INC	$136.20	-3.55%	-5.61%	2.24%	12.44%	28.25%	22.45%	23.68%	71.11%	65.49%	$151.87	$101.59	10.32%	34.06%	0.64	2,299,000	-8.59%
SM	SM ENERGY CO	$31.79	-5.86%	-7.37%	9.24%	50.45%	69.73%	33.40%	15.52%	68.29%	3.48%	$35.86	$17.45	11.35%	82.18%	1.25	3,263,000	7.69%
CRGY	CRESCENT ENERGY CO	$12.43	-5.83%	-9.40%	-2.74%	14.88%	34.38%	43.20%	26.71%	N/A	N/A	$14.29	$7.68	13.02%	61.85%	1.09	4,305,000	-33.89%
APA	APA CORP	$37.50	-3.35%	-8.34%	-2.42%	28.87%	52.01%	116.64%	12.24%	83.11%	-35.38%	$45.66	$16.88	17.87%	122.16%	1.11	3,387,000	-12.55%
REPX	RILEY EXPLORATION PERMIAN INC	$35.84	-7.15%	-13.03%	0.17%	26.15%	32.40%	36.17%	7.47%	0.11%	326.67%	$41.53	$24.08	13.70%	48.84%	1.22	349,000	47.88%
PNRG	PRIMEENERGY RESOURCES CORP	$249.49	-3.76%	-5.82%	13.81%	36.11%	43.20%	26.73%	183.03%	487.04%	325.46%	$278.90	$126.40	10.54%	97.38%	0.63	34,000	-34.62%
KGEI	KOLIBRI GLOBAL ENERGY INC	$5.39	-8.18%	-15.65%	-4.60%	42.22%	33.09%	-25.14%	N/A	N/A	N/A	$8.27	$3.35	34.82%	60.90%	0.47	418,000	138.86%
DMLP	DORCHESTER MINERALS LP	$27.83	1.31%	-3.37%	-1.14%	9.14%	30.90%	2.15%	-2.79%	83.58%	109.96%	$28.95	$20.85	3.87%	33.48%	0.42	117,000	54.76%
SD	SANDRIDGE ENERGY INC	$14.74	-3.66%	-7.12%	-3.53%	-13.09%	4.76%	48.89%	2.93%	181.84%	N/A	$18.45	$9.70	20.11%	51.94%	0.90	248,000	-22.01%
WTI	W&T OFFSHORE INC	$4.07	-8.13%	-14.50%	7.67%	58.98%	132.57%	180.69%	0.25%	11.51%	87.56%	$5.08	$1.46	19.88%	178.77%	0.94	4,746,000	21.63%
TALO	TALOS ENERGY INC	$14.80	-7.73%	-10.79%	-2.50%	27.92%	30.63%	84.77%	16.35%	6.47%	N/A	$17.05	$7.67	13.20%	92.96%	1.12	1,633,000	27.08%
CNQ	CANADIAN NATURAL RESOURCES LTD	$46.83	-3.66%	-5.24%	4.02%	8.68%	40.55%	50.34%	68.18%	177.59%	212.41%	$51.34	$29.30	8.78%	59.83%	0.75	4,446,000	-37.94%
MTDR	MATADOR RESOURCES CO	$53.78	-5.05%	-12.85%	-12.11%	8.38%	29.06%	21.78%	16.23%	77.43%	133.72%	$66.84	$37.14	19.54%	44.80%	1.11	1,032,000	-30.46%
GTE	GRAN TIERRA ENERGY INC	$8.17	-3.88%	-10.91%	-7.16%	37.77%	85.26%	71.64%	55.03%	1,230.62%	175.08%	$9.74	$3.09	16.12%	164.40%	2.09	416,000	61.24%
OVV	OVINTIV INC	$56.47	-3.86%	-7.26%	-0.83%	14.22%	39.60%	54.59%	63.97%	112.61%	47.44%	$63.46	$35.51	11.01%	59.03%	1.13	2,209,000	-4.21%
OXY	OCCIDENTAL PETROLEUM CORP	$57.46	-2.30%	-5.34%	0.33%	11.72%	38.73%	38.06%	-2.51%	127.20%	-24.50%	$67.45	$38.80	14.81%	48.09%	0.74	9,107,000	15.22%
MGY	MAGNOLIA OIL & GAS CORP	$28.15	-3.73%	-6.70%	-3.99%	2.89%	22.76%	27.26%	41.46%	131.12%	N/A	$32.76	$21.07	14.07%	33.63%	0.96	2,148,000	38.94%
CRC	CALIFORNIA RESOURCES CORP	$61.24	-1.29%	-1.97%	-6.22%	6.82%	30.58%	43.45%	55.43%	105.57%	N/A	$71.98	$42.20	14.92%	45.12%	0.96	548,000	-7.43%
DVN	DEVON ENERGY CORP	$45.14	-4.40%	-9.16%	-6.35%	5.81%	24.01%	43.99%	-6.10%	70.92%	25.74%	$52.71	$30.24	14.36%	49.27%	0.96	13,196,000	44.71%
VIST	VISTA ENERGY SAB DE CV	$74.31	-1.46%	-6.23%	3.27%	31.92%	53.12%	51.16%	250.68%	2,151.82%	N/A	$81.44	$31.63	8.75%	134.94%	0.88	542,000	-15.84%
DEC	DIVERSIFIED ENERGY CO	$15.11	-2.45%	-9.95%	-3.57%	14.30%	2.51%	4.50%	N/A	N/A	N/A	$18.90	$12.33	20.05%	22.55%	0.58	633,000	14.05%
MUR	MURPHY OIL CORP	$36.48	-4.00%	-9.57%	-7.32%	14.39%	15.99%	70.23%	0.08%	71.35%	17.53%	$43.34	$20.78	15.83%	75.55%	1.04	1,270,000	3.50%
PR	PERMIAN RESOURCES CORP	$19.63	-3.96%	-7.49%	-4.85%	8.33%	36.70%	53.00%	103.21%	297.37%	95.32%	$22.68	$11.92	13.43%	64.68%	1.16	8,108,000	9.89%
ANNA	ALEANNA INC	$3.00	-6.54%	-14.04%	-21.67%	-10.45%	-3.23%	-70.38%	-71.18%	N/A	N/A	$11.01	$2.31	72.75%	29.87%	-0.42	417,000	43.79%
FANG	DIAMONDBACK ENERGY INC	$195.13	-2.78%	-6.08%	-0.66%	16.86%	30.69%	41.92%	48.97%	149.24%	112.31%	$214.51	$133.75	9.03%	45.89%	0.84	1,513,000	-0.66%
MXC	MEXCO ENERGY CORP	$9.00	-1.48%	-0.82%	-2.12%	-16.74%	0.78%	31.41%	-16.90%	14.50%	253.77%	$16.40	$6.75	45.12%	33.33%	-0.02	10,500	-40.68%
NOG	NORTHERN OIL & GAS INC	$22.34	-5.94%	-10.25%	-16.86%	-14.90%	1.64%	-18.76%	-27.91%	27.29%	-51.01%	$32.62	$20.18	31.51%	10.70%	1.15	2,644,000	67.34%
RRC	RANGE RESOURCES CORP	$40.05	-2.44%	-7.12%	-5.14%	2.46%	4.13%	0.60%	38.06%	192.12%	-3.75%	$48.31	$32.60	17.10%	22.85%	0.95	2,753,000	8.90%
EPSN	EPSILON ENERGY LTD	$5.84	-5.65%	-10.02%	-5.65%	18.94%	22.69%	-16.33%	17.03%	46.37%	N/A	$8.50	$4.20	31.29%	39.05%	0.45	194,000	14.12%
KOS	KOSMOS ENERGY LTD	$2.85	-5.94%	-10.38%	-2.73%	29.55%	166.36%	65.70%	-54.91%	-10.94%	-47.90%	$3.34	$0.84	14.67%	240.91%	1.18	10,279,000	20.21%
INR	INFINITY NATURAL RESOURCES INC	$13.77	-5.10%	-13.45%	-13.40%	-13.72%	5.92%	-19.61%	N/A	N/A	N/A	$19.90	$11.13	30.80%	23.72%	0.75	377,000	22.80%
COP	CONOCOPHILLIPS	$116.57	-3.23%	-6.83%	-4.20%	5.30%	33.85%	36.26%	14.45%	110.34%	160.61%	$135.87	$84.34	14.20%	38.22%	0.66	5,792,000	17.08%
GPOR	GULFPORT ENERGY CORP	$172.24	-3.36%	-8.10%	-8.44%	-14.73%	-21.20%	-12.98%	73.33%	181.39%	N/A	$225.78	$160.95	23.71%	7.01%	0.75	333,000	87.08%
MNR	MACH NATURAL RESOURCES LP	$13.70	-2.49%	-8.12%	2.93%	6.28%	17.70%	1.48%	N/A	N/A	N/A	$15.60	$10.46	12.18%	30.98%	0.49	297,000	-20.38%
VET	VERMILION ENERGY INC	$11.84	-3.74%	-10.30%	-6.11%	11.49%	36.72%	80.49%	2.51%	60.43%	-64.64%	$14.82	$6.42	20.11%	84.42%	1.03	959,000	-28.54%
EONR	EON RESOURCES INC	$0.63	-0.63%	-12.55%	-20.43%	51.45%	46.15%	65.87%	-94.06%	N/A	N/A	$1.58	$0.27	60.32%	134.83%	-0.22	1,246,000	-38.83%
WDS	WOODSIDE ENERGY GROUP LTD	$21.75	-3.72%	-6.53%	-5.93%	9.90%	32.22%	55.25%	-5.52%	29.08%	10.74%	$25.19	$14.23	13.66%	52.85%	0.69	772,000	23.52%
AR	ANTERO RESOURCES CORP	$35.80	-2.59%	-8.16%	-6.26%	4.13%	1.94%	-10.88%	65.21%	182.33%	29.10%	$45.75	$29.10	21.75%	23.02%	1.03	3,501,000	-24.45%
OBE	OBSIDIAN ENERGY LTD	$11.56	-4.54%	-9.76%	-11.62%	50.72%	93.31%	133.54%	92.35%	600.61%	135.68%	$14.59	$4.77	20.77%	142.35%	1.02	734,000	2.37%
BTE	BAYTEX ENERGY CORP	$4.90	-4.85%	-7.89%	3.38%	30.67%	55.06%	196.97%	47.59%	245.07%	1.03%	$5.36	$1.59	8.58%	208.18%	1.09	16,497,000	5.40%
BSM	BLACK STONE MINERALS LP	$13.72	-0.72%	-3.11%	-4.12%	-7.55%	-1.79%	1.18%	-13.49%	41.15%	-13.71%	$15.49	$11.78	11.43%	16.47%	0.52	418,000	130.94%
CNX	CNX RESOURCES CORP	$34.73	-1.64%	-7.06%	-9.84%	-12.50%	-9.32%	8.13%	124.50%	152.21%	177.46%	$43.62	$27.72	20.38%	25.29%	0.67	1,429,000	42.61%
TPL	TEXAS PACIFIC LAND CORP	$400.09	-0.48%	1.40%	-8.43%	-21.94%	39.10%	-3.48%	173.82%	145.20%	2,122.72%	$547.20	$269.23	26.88%	48.60%	0.99	286,000	-0.69%
EQT	EQT CORP	$56.21	-2.95%	-5.96%	-4.14%	-5.91%	-4.73%	-0.62%	55.75%	164.77%	-23.13%	$68.24	$48.47	17.63%	15.97%	0.89	6,110,000	17.45%
EXE	EXPAND ENERGY CORP	$94.55	-3.46%	-6.28%	-1.82%	-11.05%	-20.39%	-19.38%	21.80%	79.07%	N/A	$126.62	$91.02	25.33%	3.88%	0.70	3,177,000	116.42%
PED	PEDEVCO CORP	$14.06	-4.74%	-8.64%	-15.86%	17.70%	46.46%	8.19%	-17.64%	-47.14%	-73.96%	$18.89	$8.64	25.57%	62.73%	0.53	44,000	107.55%
KRP	KIMBELL ROYALTY PARTNERS LP	$14.75	-2.90%	-3.59%	-0.20%	1.72%	21.20%	11.74%	-3.47%	15.96%	N/A	$15.65	$11.31	5.75%	30.42%	0.54	966,000	39.19%
GRNT	GRANITE RIDGE RESOURCES INC	$5.18	-6.16%	-9.91%	-9.91%	1.77%	-0.58%	-9.76%	-12.20%	-46.76%	N/A	$6.72	$4.18	22.92%	23.92%	0.48	948,000	2.71%
BRN	BARNWELL INDUSTRIES INC	$1.08	-2.70%	-5.68%	-2.70%	2.86%	-6.09%	-16.28%	-59.25%	-66.77%	-33.66%	$2.28	$0.92	52.63%	17.26%	0.37	173,000	280.22%
INDO	INDONESIA ENERGY CORP LTD	$2.91	-10.19%	-9.63%	-9.35%	-39.50%	7.78%	15.48%	-39.25%	-45.61%	N/A	$8.50	$2.40	65.76%	21.25%	0.01	1,347,000	51.69%
HPK	HIGHPEAK ENERGY INC	$7.06	-10.06%	-13.05%	11.53%	38.70%	8.45%	-28.90%	-49.50%	-28.40%	N/A	$12.00	$3.85	41.17%	83.38%	0.99	734,000	-3.93%
CLMT	CALUMET INC	$33.97	-0.73%	5.40%	10.47%	12.41%	78.51%	132.35%	105.26%	482.68%	780.05%	$36.94	$12.70	8.04%	167.48%	0.90	521,000	-42.05%
GFR	GREENFIRE RESOURCES LTD	$5.81	-3.49%	-7.48%	-6.74%	0.35%	23.09%	35.75%	N/A	N/A	N/A	$7.02	$4.10	17.24%	41.71%	0.66	192,000	92.96%
EP	EMPIRE PETROLEUM CORP	$2.73	3.41%	2.63%	-3.19%	-10.78%	-9.00%	-34.53%	-70.61%	-68.26%	810.00%	$6.31	$2.41	56.74%	13.28%	0.96	78,000	40.29%
EGY	VAALCO ENERGY INC	$5.52	-3.50%	-7.69%	-11.68%	8.66%	60.93%	68.29%	40.10%	110.69%	415.89%	$6.72	$3.16	17.80%	74.68%	0.94	980,000	-6.58%
GLND	GREENLAND ENERGY CO	$3.29	20.51%	17.50%	-39.19%	-68.03%	-67.52%	-67.15%	N/A	N/A	N/A	$23.00	$2.56	85.70%	28.77%	-0.59	3,230,000	86.27%
BATL	BATTALION OIL CORP	$1.67	-11.64%	-23.74%	-54.86%	-59.76%	49.11%	22.79%	-74.15%	-86.80%	N/A	$29.70	$1.00	94.38%	67.00%	0.30	4,895,000	-2.39%
TXO	TXO PARTNERS LP	$13.30	-2.99%	-0.89%	8.75%	6.23%	8.93%	-12.96%	-39.79%	N/A	N/A	$16.26	$10.12	18.20%	31.42%	0.31	157,000	-39.62%
VTS	VITESSE ENERGY INC	$17.40	-3.97%	-6.05%	-4.66%	-12.30%	-17.06%	-18.54%	-20.15%	N/A	N/A	$27.15	$17.22	35.91%	1.05%	0.75	384,000	26.32%
AGIG	ABUNDIA GLOBAL IMPACT GROUP INC	$1.15	-3.36%	-4.17%	-8.00%	-66.95%	-48.89%	-83.33%	-95.19%	-92.38%	-95.82%	$25.56	$1.01	95.50%	13.86%	-0.51	81,000	19.12%
AMPY	AMPLIFY ENERGY CORP	$4.75	-5.19%	-8.48%	-20.83%	-13.64%	-10.38%	75.93%	-34.21%	36.49%	N/A	$6.79	$2.71	30.04%	75.28%	1.04	848,000	123.16%
USEG	US ENERGY CORP	$0.97	0.21%	7.40%	-8.30%	-3.76%	-2.80%	-29.57%	-32.03%	-75.27%	-95.71%	$2.75	$0.66	64.65%	48.40%	0.46	1,312,000	-8.89%
EPM	EVOLUTION PETROLEUM CORP	$4.27	-3.17%	-9.73%	-9.15%	-2.29%	10.62%	-4.69%	-46.56%	17.96%	-24.29%	$5.70	$3.19	25.09%	33.86%	0.77	289,000	-36.34%
CRK	COMSTOCK RESOURCES INC	$13.18	-5.45%	-13.00%	-21.59%	-29.71%	-48.21%	-45.72%	35.88%	132.45%	318.41%	$31.17	$13.16	57.72%	0.15%	1.07	2,300,000	-32.53%
NEXT	NEXTDECADE CORP	$8.37	-1.06%	-6.69%	15.61%	60.04%	39.50%	10.42%	47.36%	333.68%	-15.88%	$12.12	$4.75	30.94%	76.21%	1.09	2,956,000	53.72%
BKV	BKV CORP	$27.08	-4.28%	-8.20%	-8.02%	-9.73%	2.61%	23.03%	N/A	N/A	N/A	$32.81	$19.56	17.46%	38.45%	1.00	739,000	84.75%
NUAI	NEW ERA ENERGY & DIGITAL INC	$4.29	-3.16%	6.98%	7.25%	-12.98%	-15.38%	593.05%	-58.15%	N/A	N/A	$9.45	$0.33	54.58%	1,220.00%	0.77	6,807,000	13.17%
TBN	TAMBORAN RESOURCES CORP	$33.89	-3.20%	-8.38%	-5.47%	9.43%	44.40%	69.45%	N/A	N/A	N/A	$52.21	$17.29	35.09%	96.01%	0.40	109,000	-41.40%
TPET	TRIO PETROLEUM CORP	$0.36	-1.09%	-8.35%	-29.02%	-4.74%	-55.85%	-67.96%	-98.77%	N/A	N/A	$2.50	$0.34	85.52%	6.47%	-1.23	1,929,000	-48.52%
CKX	CKX LANDS INC	$10.51	0.00%	1.94%	-3.93%	-4.45%	11.45%	-7.34%	6.22%	-17.44%	-8.61%	$13.25	$8.66	20.68%	21.36%	0.01	100	-96.97%
GPRK	GEOPARK LTD	$9.97	2.47%	-1.97%	7.90%	17.02%	23.70%	53.38%	-0.89%	-29.59%	324.26%	$10.50	$5.75	5.06%	73.39%	0.77	653,000	90.94%

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in May 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. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) 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 Ring Energy (NYSEMKT:REI) is: Value: B, Growth: C, Momentum: B, Sentiment: A, 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 "A".

REI passed 5 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock return 67.09% over the past year, overperforming other oil and gas stocks by 51 percentage points.

2. Chord Energy (NASDAQ:CHRD)

Chord Energy (NASDAQ:CHRD) is the #2 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: C, Safety: C, Financials: C, and AI: B.

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 51.25% over the past year, overperforming other oil and gas stocks by 35 percentage points.

Chord Energy has an average 1 year price target of $157.64, an upside of 14.34% from Chord Energy's current stock price of $137.86.

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.

3. Eog Resources (NYSE:EOG)

Eog Resources (NYSE:EOG) 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 Eog Resources (NYSE:EOG) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: B.

Eog Resources (NYSE:EOG) has a Due Diligence Score of 42, which is 13 points higher than the oil and gas industry average of 29.

EOG passed 15 out of 38 due diligence checks and has strong fundamentals. Eog Resources has seen its stock return 22.45% over the past year, overperforming other oil and gas stocks by 6 percentage points.

Eog Resources has an average 1 year price target of $152.07, an upside of 11.65% from Eog Resources's current stock price of $136.20.

Eog Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Eog Resources, 28.57% have issued a Strong Buy rating, 7.14% have issued a Buy, 64.29% 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 13.28%, which is 9 percentage points higher than the oil and gas industry average of 4.23%.

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 12.22%, which is 8 percentage points higher than the oil and gas industry average of 4.23%.

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 11.24%, which is 7 percentage points higher than the oil and gas industry average of 4.23%. 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 -2.99% in the last day, and down -5.77% over the last week. Battalion Oil was the among the top losers in the oil & gas e&p industry, dropping -11.64% yesterday.

Shares of oil and gas-related companies are trading lower after reports suggesting that a draft unofficial MOU framework between the U.S. and Iran calls for military withdrawals and the return of Strait of Hormuz vessel traffic to pre-war levels.

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 28 points higher than the oil and gas industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Apa's stock has gained 116.64% in the past year. It has overperformed other stocks in the oil and gas industry by 100 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 -15 points higher than the oil and gas industry average of 29. 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 67.09% in the past year. It has overperformed other stocks in the oil and gas industry by 51 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 42 points higher than the oil and gas industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 36.17% in the past year. It has overperformed other stocks in the oil and gas industry by 20 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 23.62% over the next year.

2.86% of oil and gas stocks have a Zen Rating of A (Strong Buy), 15.71% of oil and gas stocks are rated B (Buy), 61.43% are rated C (Hold), 12.86% are rated D (Sell), and 7.14% 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 27.99x.

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. Ring Energy (NYSEMKT:REI)

2. Chord Energy (NASDAQ:CHRD)

3. Eog Resources (NYSE:EOG)

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. Ring Energy (NYSEMKT:REI)

2. Chord Energy (NASDAQ:CHRD)

3. Eog Resources (NYSE:EOG)

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.