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 D and is the 95th 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	$1.07	2.88%	-5.31%	-18.94%	-32.70%	23.41%	37.71%	-37.43%	-64.45%	-87.91%	$2.00	$0.72	46.50%	48.61%	1.06	30,478,000	408.98%
SM	SM ENERGY CO	$26.34	-0.68%	-4.43%	-17.14%	-19.40%	42.30%	3.54%	-12.69%	7.55%	4.57%	$35.86	$17.45	26.55%	50.95%	1.21	2,293,000	1.28%
EOG	EOG RESOURCES INC	$132.60	-0.74%	-0.17%	-2.64%	-10.10%	28.12%	9.47%	20.55%	59.82%	68.72%	$151.87	$101.59	12.69%	30.52%	0.62	5,496,000	51.24%
REPX	RILEY EXPLORATION PERMIAN INC	$33.74	2.87%	0.75%	-5.86%	-9.91%	29.87%	25.85%	-0.56%	-8.84%	290.51%	$41.53	$24.08	18.76%	40.12%	1.21	661,000	293.45%
CHRD	CHORD ENERGY CORP	$116.59	-2.42%	-6.32%	-15.43%	-19.01%	29.49%	17.35%	-21.33%	25.35%	N/A	$151.95	$84.25	23.27%	38.39%	0.87	1,285,000	100.47%
GTE	GRAN TIERRA ENERGY INC	$6.25	3.65%	-13.31%	-23.50%	-28.33%	50.60%	25.75%	28.34%	749.18%	100.32%	$9.74	$3.09	35.83%	102.27%	2.07	311,000	0.00%
KGEI	KOLIBRI GLOBAL ENERGY INC	$4.58	0.44%	-4.18%	-15.03%	-18.51%	9.05%	-32.94%	N/A	N/A	N/A	$8.27	$3.35	44.62%	36.72%	0.42	501,000	135.21%
DMLP	DORCHESTER MINERALS LP	$25.63	0.23%	-0.70%	-7.91%	-8.30%	15.87%	-5.98%	-13.24%	57.72%	82.42%	$28.95	$20.85	11.47%	22.93%	0.41	48,000	-70.19%
APA	APA CORP	$33.01	-1.23%	-3.48%	-11.97%	-22.87%	36.52%	78.92%	-0.06%	56.97%	-36.52%	$45.66	$17.87	27.70%	84.77%	1.08	7,537,000	48.86%
WTI	W&T OFFSHORE INC	$3.27	2.51%	-1.21%	-19.66%	-0.30%	100.61%	89.02%	-12.10%	-30.72%	56.46%	$5.08	$1.50	35.63%	118.00%	0.91	8,182,000	151.68%
TALO	TALOS ENERGY INC	$13.32	-2.92%	-5.26%	-10.00%	-19.52%	22.20%	54.70%	-2.49%	-17.63%	N/A	$17.05	$7.67	21.88%	73.66%	1.10	2,227,000	56.83%
SD	SANDRIDGE ENERGY INC	$13.51	-0.44%	-2.74%	-8.34%	-19.96%	-5.59%	21.60%	-0.44%	121.11%	N/A	$18.45	$9.89	26.78%	36.59%	0.88	214,000	-5.31%
OXY	OCCIDENTAL PETROLEUM CORP	$49.99	-2.38%	-3.87%	-13.00%	-22.33%	25.45%	15.82%	-12.68%	60.02%	-31.63%	$67.45	$38.80	25.89%	28.84%	0.72	8,648,000	17.80%
OVV	OVINTIV INC	$53.19	-0.67%	-2.62%	-5.81%	-13.17%	40.08%	37.34%	48.37%	68.22%	45.13%	$63.46	$35.51	16.18%	49.79%	1.11	2,144,000	-5.22%
CRGY	CRESCENT ENERGY CO	$10.12	0.20%	-3.80%	-18.58%	-25.92%	22.67%	13.07%	1.10%	N/A	N/A	$14.29	$7.68	29.18%	31.77%	1.07	7,174,000	99.55%
MUR	MURPHY OIL CORP	$34.62	-2.18%	0.58%	-5.10%	-17.08%	11.10%	49.74%	-8.73%	47.38%	22.81%	$43.34	$21.86	20.12%	58.37%	1.01	1,253,000	8.11%
MGY	MAGNOLIA OIL & GAS CORP	$26.78	-1.54%	-1.29%	-4.87%	-15.94%	23.35%	15.58%	33.63%	74.58%	N/A	$32.76	$21.07	18.25%	27.13%	0.94	3,214,000	33.53%
DVN	DEVON ENERGY CORP	$42.21	-0.92%	-1.95%	-6.49%	-17.80%	18.33%	29.96%	-11.58%	48.57%	25.07%	$52.71	$31.45	19.92%	34.21%	0.93	13,426,000	29.02%
FANG	DIAMONDBACK ENERGY INC	$179.91	-1.45%	-4.20%	-7.80%	-11.02%	22.96%	27.71%	41.42%	94.56%	114.77%	$214.51	$134.30	16.13%	33.96%	0.82	3,400,000	105.31%
PNRG	PRIMEENERGY RESOURCES CORP	$174.61	2.23%	-1.64%	-30.01%	-23.08%	-0.59%	14.08%	87.77%	271.83%	190.05%	$278.90	$126.40	37.39%	38.14%	0.61	62,600	36.09%
CRC	CALIFORNIA RESOURCES CORP	$53.71	-0.13%	-2.01%	-12.30%	-20.97%	21.90%	17.58%	24.24%	79.03%	N/A	$71.98	$43.25	25.38%	24.20%	0.95	1,927,000	158.66%
KOS	KOSMOS ENERGY LTD	$2.18	0.00%	-11.38%	-23.51%	-24.04%	150.29%	16.58%	-60.51%	-37.71%	-57.25%	$3.34	$0.84	34.73%	160.77%	1.15	42,245,000	163.93%
VIST	VISTA ENERGY SAB DE CV	$64.64	-0.60%	-5.16%	-13.01%	-10.61%	36.20%	32.00%	168.22%	1,516.00%	N/A	$81.44	$31.63	20.63%	104.36%	0.87	400,000	-44.37%
PR	PERMIAN RESOURCES CORP	$18.72	-0.74%	-1.47%	-4.64%	-12.77%	36.15%	34.48%	78.12%	181.08%	91.02%	$22.68	$11.92	17.44%	57.05%	1.14	24,114,000	107.72%
DEC	DIVERSIFIED ENERGY CO	$12.98	3.67%	-1.07%	-14.10%	-26.96%	-9.04%	-12.12%	N/A	N/A	N/A	$18.90	$12.33	31.32%	5.27%	0.55	3,260,000	223.73%
ANNA	ALEANNA INC	$2.84	1.79%	-3.07%	-5.33%	-60.11%	-0.35%	-65.58%	-72.57%	N/A	N/A	$10.64	$2.31	73.31%	22.94%	-0.44	102,000	-50.49%
MTDR	MATADOR RESOURCES CO	$49.90	-0.52%	-1.50%	-7.21%	-22.27%	20.10%	2.67%	-0.06%	43.93%	155.64%	$66.84	$37.14	25.34%	34.36%	1.08	2,318,000	46.52%
NOG	NORTHERN OIL & GAS INC	$19.17	-2.89%	-0.73%	-14.19%	-36.96%	-10.42%	-34.80%	-41.36%	-1.34%	-56.43%	$31.28	$18.63	38.71%	2.90%	1.14	4,107,000	11.76%
CNQ	CANADIAN NATURAL RESOURCES LTD	$39.49	-0.28%	-5.50%	-15.67%	-18.86%	20.43%	23.75%	44.47%	120.37%	174.24%	$51.34	$29.30	23.08%	34.78%	0.73	6,587,000	8.37%
EPSN	EPSILON ENERGY LTD	$5.42	3.63%	4.03%	-7.19%	-10.26%	12.92%	-30.60%	2.65%	14.95%	N/A	$7.57	$4.20	28.40%	29.05%	0.43	480,000	105.13%
BTE	BAYTEX ENERGY CORP	$3.99	0.00%	-0.99%	-18.57%	-5.45%	27.88%	116.85%	30.39%	111.67%	-21.15%	$5.36	$1.76	25.56%	126.70%	1.08	14,215,000	-8.32%
RRC	RANGE RESOURCES CORP	$37.57	3.47%	2.15%	-6.19%	-19.77%	6.37%	-8.16%	32.94%	131.34%	-11.58%	$48.31	$32.60	22.23%	15.25%	0.93	6,616,000	165.17%
INR	INFINITY NATURAL RESOURCES INC	$13.00	2.28%	1.72%	-5.59%	-28.77%	-11.26%	-29.88%	N/A	N/A	N/A	$19.59	$11.13	33.62%	16.80%	0.65	943,000	278.71%
WDS	WOODSIDE ENERGY GROUP LTD	$18.94	-0.63%	-6.52%	-12.92%	-20.49%	23.31%	21.02%	-16.75%	N/A	-8.01%	$25.19	$14.27	24.81%	32.73%	0.70	500,000	-14.24%
MNR	MACH NATURAL RESOURCES LP	$12.73	0.79%	1.43%	-7.08%	-10.42%	14.17%	-11.72%	N/A	N/A	N/A	$15.58	$10.46	18.29%	21.70%	0.47	277,000	48.92%
VET	VERMILION ENERGY INC	$9.30	-1.27%	-5.78%	-21.45%	-30.02%	13.69%	24.17%	-23.90%	7.76%	-69.32%	$14.82	$7.00	37.25%	32.86%	1.01	869,000	-18.71%
GPOR	GULFPORT ENERGY CORP	$162.87	2.22%	0.33%	-5.44%	-24.16%	-22.51%	-20.65%	69.09%	160.51%	N/A	$225.78	$158.91	27.86%	2.49%	0.73	784,000	261.29%
TPL	TEXAS PACIFIC LAND CORP	$395.79	1.21%	9.60%	-1.07%	-24.22%	37.65%	10.41%	174.43%	129.38%	2,081.74%	$547.20	$269.23	27.67%	47.01%	0.97	512,000	82.86%
CNX	CNX RESOURCES CORP	$33.73	0.36%	1.60%	-2.88%	-15.70%	-7.87%	0.51%	98.30%	138.71%	196.97%	$43.62	$27.72	22.67%	21.68%	0.65	2,026,000	22.64%
COP	CONOCOPHILLIPS	$105.96	-0.42%	-3.41%	-9.10%	-20.48%	15.75%	16.58%	4.59%	77.82%	159.83%	$135.87	$85.57	22.01%	23.83%	0.64	10,929,000	83.59%
PED	PEDEVCO CORP	$15.41	29.50%	27.99%	9.60%	1.72%	39.08%	16.97%	-15.27%	-47.94%	-64.98%	$18.89	$8.64	18.42%	78.36%	0.49	609,000	2,448.12%
AR	ANTERO RESOURCES CORP	$35.17	1.94%	3.35%	-1.76%	-20.66%	3.26%	-13.99%	59.14%	142.72%	32.42%	$45.75	$29.10	23.13%	20.86%	1.01	3,499,000	-27.12%
OBE	OBSIDIAN ENERGY LTD	$8.13	0.62%	-11.53%	-29.67%	-9.77%	36.87%	48.36%	47.55%	145.62%	-12.01%	$14.59	$5.27	44.28%	54.27%	1.02	709,000	-11.82%
EXE	EXPAND ENERGY CORP	$88.47	0.03%	0.03%	-6.43%	-20.33%	-19.20%	-25.45%	8.61%	73.47%	N/A	$126.62	$86.37	30.13%	2.43%	0.69	4,822,000	46.92%
BSM	BLACK STONE MINERALS LP	$14.10	1.08%	1.73%	2.77%	-7.96%	5.62%	9.30%	-11.04%	34.41%	-1.40%	$15.49	$11.78	8.97%	19.69%	0.50	236,000	-13.87%
HPK	HIGHPEAK ENERGY INC	$6.79	-2.65%	-9.59%	-3.82%	-1.88%	59.02%	-32.37%	-40.49%	-33.76%	N/A	$10.46	$3.85	35.09%	76.36%	0.97	1,076,000	80.84%
EQT	EQT CORP	$52.70	2.03%	1.66%	-6.24%	-21.18%	-2.28%	-9.37%	31.06%	146.61%	-30.69%	$68.24	$48.47	22.77%	8.73%	0.86	12,647,000	106.82%
GRNT	GRANITE RIDGE RESOURCES INC	$4.54	2.95%	0.67%	-12.36%	-23.05%	-2.37%	-31.83%	-26.30%	-53.34%	N/A	$6.59	$4.18	31.11%	8.61%	0.46	3,248,000	275.49%
INDO	INDONESIA ENERGY CORP LTD	$2.73	3.02%	3.80%	-6.19%	-30.53%	-9.00%	-10.78%	-37.39%	-53.09%	N/A	$8.50	$2.44	67.88%	11.89%	-0.01	263,000	-6.74%
CLMT	CALUMET INC	$35.08	2.36%	5.50%	3.27%	13.93%	78.16%	124.73%	119.80%	414.37%	713.92%	$38.73	$12.94	9.42%	171.20%	0.89	1,948,000	285.74%
GFR	GREENFIRE RESOURCES LTD	$5.65	0.00%	2.91%	-2.75%	-12.13%	21.77%	23.63%	N/A	N/A	N/A	$7.02	$4.10	19.52%	37.80%	0.64	135,000	-64.75%
KRP	KIMBELL ROYALTY PARTNERS LP	$14.78	0.20%	0.54%	0.20%	1.03%	27.63%	5.72%	0.82%	15.38%	N/A	$15.80	$11.31	6.43%	30.68%	0.52	590,000	-2.96%
EP	EMPIRE PETROLEUM CORP	$2.61	-5.78%	-6.12%	-4.40%	-10.31%	-12.71%	-53.14%	-69.79%	-62.50%	552.50%	$6.31	$2.41	58.64%	8.30%	0.96	1,671,000	971.15%
TXO	TXO PARTNERS LP	$12.51	0.16%	-0.71%	-5.94%	-4.50%	18.58%	-18.13%	-42.55%	N/A	N/A	$15.55	$10.12	19.55%	23.62%	0.30	83,000	-59.31%
EGY	VAALCO ENERGY INC	$4.93	-1.60%	-9.54%	-10.69%	-21.25%	42.49%	33.60%	34.70%	49.39%	417.86%	$6.72	$3.37	26.58%	46.51%	0.94	1,291,000	-19.86%
VTS	VITESSE ENERGY INC	$15.79	1.35%	-1.25%	-9.25%	-18.73%	-17.29%	-30.96%	-27.44%	N/A	N/A	$27.15	$15.42	41.84%	2.40%	0.71	1,168,000	163.66%
AGIG	ABUNDIA GLOBAL IMPACT GROUP INC	$1.02	12.09%	-3.77%	-11.30%	-36.25%	-47.42%	-92.18%	-95.12%	-94.36%	-95.92%	$12.70	$0.85	91.97%	20.14%	-0.50	152,000	138.99%
GLND	GREENLAND ENERGY CO	$2.50	-1.57%	-14.68%	-24.01%	-80.77%	-75.46%	-75.07%	N/A	N/A	N/A	$23.00	$2.45	89.13%	2.25%	-0.41	1,126,000	4.84%
BATL	BATTALION OIL CORP	$1.23	-2.38%	-1.60%	-26.35%	-77.88%	6.03%	-18.00%	-79.40%	-91.12%	N/A	$29.70	$1.00	95.86%	23.00%	0.19	4,315,000	-29.11%
AMPY	AMPLIFY ENERGY CORP	$3.94	-1.01%	-2.48%	-17.05%	-40.57%	-13.60%	13.22%	-39.66%	0.00%	N/A	$6.79	$3.11	41.97%	26.69%	1.03	751,000	-24.29%
BSIN	BIG SKY INDUSTRIAL INC	$1.06	0.00%	1.92%	9.05%	4.95%	12.77%	-32.91%	-25.35%	-76.75%	-93.91%	$1.52	$0.66	30.26%	61.83%	0.43	3,754,000	211.79%
NUAI	NEW ERA ENERGY & DIGITAL INC	$5.92	0.68%	-11.38%	38.00%	37.35%	29.82%	1,123.14%	-42.69%	N/A	N/A	$9.45	$0.33	37.32%	1,721.54%	0.85	15,912,000	176.39%
EPM	EVOLUTION PETROLEUM CORP	$3.79	-1.04%	-0.52%	-11.24%	-16.89%	5.87%	-20.88%	-51.60%	-22.49%	-30.33%	$5.70	$3.19	33.51%	18.81%	0.75	532,000	100.75%
NEXT	NEXTDECADE CORP	$7.46	0.27%	0.67%	-10.87%	-8.47%	38.66%	-14.84%	-3.99%	77.62%	-25.62%	$12.12	$4.75	38.45%	57.05%	1.06	6,190,000	148.30%
TBN	TAMBORAN RESOURCES CORP	$32.00	-0.03%	-9.27%	-5.58%	-7.38%	20.89%	42.35%	N/A	N/A	N/A	$52.21	$17.29	38.71%	85.08%	0.37	267,000	-20.30%
CRK	COMSTOCK RESOURCES INC	$14.30	3.10%	6.32%	8.50%	-35.96%	-39.28%	-49.65%	32.41%	119.66%	240.48%	$28.40	$12.44	49.65%	14.95%	1.06	2,791,000	75.09%
BKV	BKV CORP	$25.95	0.31%	1.01%	-4.17%	-12.06%	-4.84%	6.92%	N/A	N/A	N/A	$32.81	$19.56	20.91%	32.67%	0.95	2,602,000	260.89%
EONR	EON RESOURCES INC	$0.48	1.06%	-5.94%	-24.24%	-52.50%	22.74%	22.74%	-95.53%	N/A	N/A	$1.58	$0.27	69.94%	77.90%	-0.24	812,000	-31.53%
MXC	MEXCO ENERGY CORP	$7.46	0.00%	-6.09%	-17.11%	-32.61%	-30.10%	-20.81%	-37.85%	-27.50%	224.49%	$16.40	$7.16	54.51%	4.19%	-0.06	4,000	-50.00%
TPET	TRIO PETROLEUM CORP	$0.29	0.69%	-3.33%	-19.89%	-63.84%	-63.66%	-75.42%	-98.47%	N/A	N/A	$2.50	$0.27	88.40%	7.41%	-1.25	375,000	-81.35%
BRN	BARNWELL INDUSTRIES INC	$1.03	0.00%	0.98%	-4.63%	-11.21%	-8.85%	-14.88%	-59.77%	-67.71%	-25.90%	$1.40	$0.92	26.43%	11.83%	0.35	1,300	-97.31%
GPRK	GEOPARK LTD	$9.23	1.21%	-6.67%	-7.42%	0.22%	26.96%	34.74%	-6.96%	-27.27%	190.25%	$11.87	$5.75	22.24%	60.52%	0.76	307,000	-38.10%
CKX	CKX LANDS INC	$11.00	-4.35%	-4.39%	4.66%	0.92%	16.40%	3.00%	8.16%	-10.57%	-2.93%	$13.25	$8.66	16.98%	27.02%	0.03	6,200	376.92%

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. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) is the #1 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 37.71% over the past year, overperforming other oil and gas stocks by 32 percentage points.

2. Sm Energy Co (NYSE:SM)

Sm Energy Co (NYSE:SM) 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 Sm Energy Co (NYSE:SM) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: C, and AI: A.

Sm Energy Co (NYSE:SM) has a Due Diligence Score of 60, which is 31 points higher than the oil and gas industry average of 29.

SM passed 22 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock return 3.54% over the past year, underperforming other oil and gas stocks by -2 percentage points.

Sm Energy Co has an average 1 year price target of $37.25, an upside of 41.42% from Sm Energy Co's current stock price of $26.34.

Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Sm Energy Co, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% 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: A.

Eog Resources (NYSE:EOG) has a Due Diligence Score of 41, which is 12 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 9.47% over the past year, overperforming other oil and gas stocks by 4 percentage points.

Eog Resources has an average 1 year price target of $152.07, an upside of 14.68% from Eog Resources's current stock price of $132.60.

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 40 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 14.3%, which is 10 percentage points higher than the oil and gas industry average of 4.57%.

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 12.69%, which is 8 percentage points higher than the oil and gas industry average of 4.57%.

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 12.66%, which is 8 percentage points higher than the oil and gas industry average of 4.57%. 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 up?

Oil and gas stocks were up 0.38% in the last day, and down -0.23% over the last week.

We couldn't find a catalyst for why oil and gas stocks are up.

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. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) 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.

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 37.71% in the past year. It has overperformed other stocks in the oil and gas industry by 32 percentage points.

2. Apa (NASDAQ:APA)

Apa (NASDAQ:APA) 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.

Apa has a valuation score of 29, which is 2 points higher than the oil and gas industry average of 27. It passed 2 out of 7 valuation due diligence checks.

Apa's stock has gained 78.92% in the past year. It has overperformed other stocks in the oil and gas industry by 73 percentage points.

3. Crescent Energy Co (NYSE:CRGY)

Crescent Energy Co (NYSE:CRGY) 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.

Crescent Energy Co 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 CRGY a Valuation Rating of "B".

Crescent Energy Co's stock has gained 13.07% 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?

50% 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 36.4% over the next year.

0% of oil and gas stocks have a Zen Rating of A (Strong Buy), 14.93% of oil and gas stocks are rated B (Buy), 62.69% are rated C (Hold), 14.93% are rated D (Sell), and 7.46% 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 26x.

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. Sm Energy Co (NYSE:SM)

3. Eog Resources (NYSE:EOG)

1. Mach Natural Resources (NYSE:MNR)

2. Vitesse Energy (NYSE:VTS)

3. Evolution Petroleum (NYSEMKT:EPM)

1. Ring Energy (NYSEMKT:REI)

2. Apa (NASDAQ:APA)

3. Crescent Energy Co (NYSE:CRGY)

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. Sm Energy Co (NYSE:SM)

3. Eog Resources (NYSE:EOG)

1. Mach Natural Resources (NYSE:MNR)

2. Vitesse Energy (NYSE:VTS)

3. Evolution Petroleum (NYSEMKT:EPM)

1. Ring Energy (NYSEMKT:REI)

2. Apa (NASDAQ:APA)

3. Crescent Energy Co (NYSE:CRGY)

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.