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 84th 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	$140.62	1.91%	5.18%	-5.78%	25.17%	46.68%	46.89%	-3.88%	53.94%	N/A	$151.95	$84.25	7.45%	66.92%	0.88	485,000	7.54%
REI	RING ENERGY INC	$1.35	-0.74%	4.65%	-30.41%	-8.16%	43.62%	75.32%	-25.00%	-50.18%	-84.17%	$2.00	$0.72	32.50%	87.50%	1.08	2,736,000	-60.09%
SM	SM ENERGY CO	$34.29	4.10%	11.95%	9.27%	42.34%	69.67%	35.86%	26.11%	44.81%	9.94%	$35.86	$17.45	4.38%	96.50%	1.25	3,481,000	-10.19%
EOG	EOG RESOURCES INC	$141.50	2.11%	5.36%	-0.08%	10.54%	26.89%	25.42%	26.74%	63.00%	77.52%	$151.87	$101.59	6.83%	39.28%	0.64	3,031,000	2.36%
APA	APA CORP	$38.33	1.38%	4.67%	-8.78%	20.35%	42.23%	109.80%	15.91%	64.79%	-29.77%	$45.66	$17.74	16.05%	116.13%	1.11	5,469,000	54.84%
CRGY	CRESCENT ENERGY CO	$12.20	1.75%	3.39%	-11.01%	8.54%	25.77%	34.21%	26.95%	N/A	N/A	$14.29	$7.68	14.63%	58.85%	1.09	6,952,000	42.78%
REPX	RILEY EXPLORATION PERMIAN INC	$35.53	-1.42%	1.17%	-2.82%	20.56%	29.20%	28.83%	4.56%	1.57%	348.33%	$41.53	$24.08	14.45%	47.55%	1.22	334,000	32.02%
DMLP	DORCHESTER MINERALS LP	$28.15	0.32%	4.76%	3.38%	5.16%	26.92%	0.93%	-3.96%	80.45%	108.52%	$28.95	$20.85	2.76%	35.01%	0.42	109,000	-16.15%
KGEI	KOLIBRI GLOBAL ENERGY INC	$5.62	2.74%	11.51%	-2.09%	30.70%	37.41%	-20.17%	N/A	N/A	N/A	$8.27	$3.35	32.04%	67.76%	0.47	233,000	104.39%
SD	SANDRIDGE ENERGY INC	$15.36	0.85%	8.47%	-3.34%	-13.90%	1.59%	47.83%	4.42%	151.80%	N/A	$18.45	$9.89	16.75%	55.29%	0.90	303,000	47.80%
TALO	TALOS ENERGY INC	$15.18	1.47%	5.56%	-6.30%	15.97%	28.86%	80.29%	12.69%	-1.56%	N/A	$17.05	$7.67	10.97%	97.91%	1.12	1,286,000	-1.46%
OVV	OVINTIV INC	$59.24	1.20%	6.47%	-5.86%	14.39%	39.98%	56.10%	64.46%	93.41%	46.82%	$63.46	$35.51	6.65%	66.83%	1.13	2,548,000	60.35%
CRC	CALIFORNIA RESOURCES CORP	$62.20	0.79%	4.10%	-10.08%	2.86%	30.29%	36.19%	53.85%	110.85%	N/A	$71.98	$43.25	13.59%	43.83%	0.95	669,000	14.75%
MUR	MURPHY OIL CORP	$39.17	3.19%	9.87%	-7.07%	12.33%	18.84%	77.80%	6.70%	61.53%	28.85%	$43.34	$21.39	9.62%	83.12%	1.04	1,868,000	7.48%
MTDR	MATADOR RESOURCES CO	$56.54	0.96%	7.74%	-11.41%	5.68%	27.69%	23.45%	20.68%	69.33%	151.07%	$66.84	$37.14	15.41%	52.23%	1.11	2,462,000	46.29%
MGY	MAGNOLIA OIL & GAS CORP	$27.96	0.76%	1.41%	-10.15%	-1.62%	19.03%	24.71%	41.93%	96.35%	N/A	$32.76	$21.07	14.65%	32.73%	0.96	1,396,000	-18.65%
WTI	W&T OFFSHORE INC	$4.01	-0.25%	8.09%	-8.45%	29.35%	124.02%	143.03%	0.25%	-9.89%	93.72%	$5.08	$1.50	21.06%	167.33%	0.94	4,805,000	31.43%
OXY	OCCIDENTAL PETROLEUM CORP	$59.64	0.93%	4.83%	-1.05%	11.10%	40.49%	39.70%	0.40%	103.69%	-20.30%	$67.45	$38.80	11.58%	53.71%	0.74	8,576,000	-10.31%
GTE	GRAN TIERRA ENERGY INC	$8.16	-1.69%	3.42%	-14.20%	24.01%	75.11%	64.52%	49.72%	1,060.74%	178.50%	$9.74	$3.09	16.22%	164.08%	2.09	255,000	44.07%
CNQ	CANADIAN NATURAL RESOURCES LTD	$47.69	1.02%	4.24%	0.23%	8.07%	39.73%	51.64%	72.20%	156.67%	223.43%	$51.34	$29.30	7.11%	62.76%	0.75	4,145,000	-54.97%
VIST	VISTA ENERGY SAB DE CV	$76.56	-0.21%	4.02%	4.48%	28.52%	43.64%	49.59%	247.68%	1,790.37%	N/A	$81.44	$31.63	5.99%	142.05%	0.88	519,000	36.22%
NOG	NORTHERN OIL & GAS INC	$22.11	0.32%	3.56%	-17.50%	-21.29%	-7.49%	-23.31%	-28.84%	19.00%	-50.09%	$32.62	$20.18	32.22%	9.56%	1.15	1,949,000	-33.95%
DEC	DIVERSIFIED ENERGY CO	$14.06	-1.47%	-3.30%	-16.41%	-3.17%	-7.44%	-0.21%	N/A	N/A	N/A	$18.90	$12.33	25.61%	14.03%	0.59	1,003,000	-33.13%
DVN	DEVON ENERGY CORP	$46.18	-0.09%	4.31%	-9.91%	4.95%	22.53%	44.27%	-4.53%	48.16%	28.56%	$52.71	$31.32	12.39%	47.45%	0.96	11,224,000	20.13%
RRC	RANGE RESOURCES CORP	$39.82	0.40%	1.56%	-7.40%	-4.09%	-0.18%	2.00%	47.10%	176.34%	-7.91%	$48.31	$32.60	17.57%	22.15%	0.95	2,694,000	-9.14%
PR	PERMIAN RESOURCES CORP	$20.18	2.33%	4.40%	-10.39%	9.73%	36.91%	51.73%	106.55%	234.11%	100.20%	$22.68	$11.92	11.00%	69.30%	1.16	8,861,000	21.88%
ANNA	ALEANNA INC	$3.35	3.08%	11.30%	-10.19%	-5.63%	2.45%	-64.59%	-67.73%	N/A	N/A	$10.64	$2.31	68.52%	45.02%	-0.42	301,000	-10.15%
COP	CONOCOPHILLIPS	$119.05	1.87%	3.40%	-4.69%	0.45%	29.67%	35.42%	16.64%	100.18%	169.47%	$135.87	$85.23	12.38%	39.68%	0.66	6,636,000	99.58%
INR	INFINITY NATURAL RESOURCES INC	$13.19	-0.08%	-2.44%	-23.98%	-23.49%	-7.96%	-23.22%	N/A	N/A	N/A	$19.90	$11.13	33.72%	18.51%	0.75	264,000	-48.64%
EPSN	EPSILON ENERGY LTD	$5.85	0.69%	1.39%	-7.14%	10.59%	16.07%	-19.53%	18.66%	41.30%	N/A	$8.50	$4.20	31.18%	39.29%	0.45	120,000	-4.00%
KOS	KOSMOS ENERGY LTD	$2.99	0.67%	11.99%	-8.56%	16.34%	174.31%	64.29%	-53.93%	-11.54%	-46.80%	$3.34	$0.84	10.48%	257.66%	1.18	8,366,000	-11.87%
FANG	DIAMONDBACK ENERGY INC	$210.59	4.05%	9.20%	-1.45%	18.62%	32.97%	48.01%	61.59%	143.40%	133.70%	$214.51	$134.30	1.83%	56.81%	0.83	3,016,000	67.65%
PNRG	PRIMEENERGY RESOURCES CORP	$184.14	0.87%	-20.82%	-19.46%	-8.59%	-1.54%	-0.31%	91.81%	291.70%	202.96%	$278.90	$126.40	33.98%	45.68%	0.62	62,000	74.16%
GPOR	GULFPORT ENERGY CORP	$168.82	0.86%	-0.90%	-13.32%	-19.92%	-22.44%	-14.28%	73.34%	165.44%	N/A	$225.78	$160.95	25.23%	4.89%	0.75	294,000	23.01%
MNR	MACH NATURAL RESOURCES LP	$13.43	0.30%	0.22%	-3.24%	4.27%	9.10%	1.28%	N/A	N/A	N/A	$15.60	$10.46	13.91%	28.39%	0.49	364,000	53.59%
AR	ANTERO RESOURCES CORP	$36.53	0.74%	4.04%	-7.59%	-2.82%	0.36%	-4.77%	76.22%	179.71%	26.58%	$45.75	$29.10	20.15%	25.53%	1.03	4,256,000	-8.63%
VET	VERMILION ENERGY INC	$11.94	1.79%	5.20%	-11.56%	4.46%	32.23%	73.04%	0.34%	43.17%	-64.58%	$14.82	$6.64	19.43%	79.82%	1.03	1,545,000	124.89%
EONR	EON RESOURCES INC	$0.66	5.41%	12.97%	-16.20%	3.44%	46.46%	70.62%	-93.73%	N/A	N/A	$1.58	$0.27	58.10%	147.94%	-0.22	1,119,000	62.88%
CNX	CNX RESOURCES CORP	$33.57	0.75%	-0.50%	-12.37%	-19.90%	-16.89%	5.24%	111.80%	137.24%	157.24%	$43.62	$27.72	23.04%	21.10%	0.67	1,625,000	-2.93%
BTE	BAYTEX ENERGY CORP	$5.04	0.80%	6.55%	-1.56%	30.57%	55.08%	184.75%	46.09%	199.47%	0.00%	$5.36	$1.69	5.97%	198.22%	1.09	15,936,000	-1.63%
TPL	TEXAS PACIFIC LAND CORP	$406.76	9.69%	0.16%	-6.02%	-22.32%	33.40%	8.34%	172.13%	149.04%	2,033.88%	$547.20	$269.23	25.67%	51.08%	0.98	484,000	37.89%
EXE	EXPAND ENERGY CORP	$91.07	-0.51%	-1.69%	-9.63%	-15.67%	-25.89%	-22.97%	17.22%	70.29%	N/A	$126.62	$90.79	28.08%	0.31%	0.70	4,215,000	32.76%
GRNT	GRANITE RIDGE RESOURCES INC	$4.99	-0.40%	-0.20%	-17.66%	-3.11%	-6.03%	-13.67%	-17.79%	-48.93%	N/A	$6.72	$4.18	25.74%	19.38%	0.48	914,000	-5.97%
WDS	WOODSIDE ENERGY GROUP LTD	$22.32	-0.84%	2.86%	-4.86%	3.72%	32.23%	53.72%	-2.70%	N/A	15.95%	$25.19	$14.27	11.39%	56.41%	0.71	640,000	40.35%
OBE	OBSIDIAN ENERGY LTD	$12.18	-1.22%	10.33%	-15.77%	51.49%	96.45%	134.68%	99.67%	469.96%	141.67%	$14.59	$5.04	16.52%	141.67%	1.02	491,000	-7.53%
PED	PEDEVCO CORP	$13.15	1.78%	-1.28%	-17.86%	-4.99%	24.29%	1.22%	-25.37%	-55.87%	-73.70%	$18.89	$8.64	30.39%	52.20%	0.53	5,800	-80.67%
BSM	BLACK STONE MINERALS LP	$13.92	2.35%	4.82%	-2.25%	-6.89%	-3.20%	1.16%	-13.38%	37.55%	-10.77%	$15.49	$11.78	10.14%	18.17%	0.52	286,000	4.76%
EQT	EQT CORP	$54.47	-0.38%	-1.27%	-7.80%	-11.59%	-10.95%	-3.85%	51.14%	154.41%	-26.10%	$68.24	$48.47	20.18%	12.38%	0.89	4,800,000	-0.04%
KRP	KIMBELL ROYALTY PARTNERS LP	$15.27	0.26%	4.73%	-2.18%	5.02%	20.33%	15.77%	2.41%	17.46%	N/A	$15.65	$11.31	2.43%	35.01%	0.54	586,000	-31.78%
BRN	BARNWELL INDUSTRIES INC	$1.09	0.93%	0.93%	-4.39%	-6.84%	-4.39%	-9.17%	-59.63%	-66.56%	-31.88%	$2.28	$0.92	52.19%	18.35%	0.37	43,200	242.86%
INDO	INDONESIA ENERGY CORP LTD	$2.94	0.68%	3.89%	-15.03%	-44.00%	2.08%	16.21%	-38.88%	-49.55%	N/A	$8.50	$2.45	65.41%	20.00%	0.01	403,000	4.13%
CLMT	CALUMET INC	$37.37	3.49%	9.65%	9.43%	33.99%	90.37%	183.11%	131.46%	490.36%	781.37%	$38.73	$12.94	3.51%	188.91%	0.89	1,402,000	83.99%
GFR	GREENFIRE RESOURCES LTD	$5.94	0.85%	4.58%	-8.47%	-3.57%	20.98%	35.31%	N/A	N/A	N/A	$7.02	$4.10	15.38%	44.88%	0.66	140,000	118.75%
EP	EMPIRE PETROLEUM CORP	$2.73	3.80%	11.43%	-1.80%	-27.59%	-15.48%	-49.91%	-73.88%	-68.40%	473.53%	$6.31	$2.41	56.74%	13.28%	0.97	128,000	60.00%
HPK	HIGHPEAK ENERGY INC	$8.08	1.96%	17.71%	16.69%	45.76%	39.22%	-26.05%	-40.19%	-20.05%	N/A	$12.00	$3.85	32.71%	109.74%	0.98	843,000	13.77%
TXO	TXO PARTNERS LP	$13.44	-0.44%	4.19%	8.04%	5.33%	7.52%	-10.70%	-38.91%	N/A	N/A	$16.26	$10.12	17.34%	32.81%	0.31	573,000	30.23%
BATL	BATTALION OIL CORP	$1.54	3.36%	5.48%	-58.04%	-94.44%	32.76%	14.93%	-77.12%	-87.78%	N/A	$29.70	$1.00	94.81%	54.00%	0.30	3,625,000	2.69%
EGY	VAALCO ENERGY INC	$5.47	1.11%	3.01%	-17.99%	3.40%	51.52%	61.36%	34.73%	78.76%	397.27%	$6.72	$3.30	18.54%	65.76%	0.94	1,276,000	111.26%
GLND	GREENLAND ENERGY CO	$2.88	-5.88%	-6.19%	1.05%	-71.96%	-71.57%	-71.27%	N/A	N/A	N/A	$23.00	$2.56	87.48%	12.72%	-0.54	1,055,000	8.21%
VTS	VITESSE ENERGY INC	$17.65	-3.23%	3.88%	-7.49%	-5.11%	-19.15%	-18.63%	-25.78%	N/A	N/A	$27.15	$16.91	34.99%	4.38%	0.76	323,000	-47.82%
AGIG	ABUNDIA GLOBAL IMPACT GROUP INC	$1.13	-3.42%	0.89%	-5.04%	-49.78%	-50.22%	-76.46%	-95.31%	-93.27%	-95.32%	$25.56	$1.01	95.58%	11.88%	-0.51	86,000	-25.86%
USEG	US ENERGY CORP	$1.06	-1.85%	11.58%	-6.19%	-25.87%	6.64%	-17.83%	-27.89%	-74.33%	-95.02%	$2.75	$0.66	61.45%	61.83%	0.46	772,000	-30.01%
AMPY	AMPLIFY ENERGY CORP	$4.69	-1.47%	3.08%	-25.79%	-19.55%	-19.00%	40.00%	-33.66%	20.88%	N/A	$6.79	$3.11	30.93%	50.80%	1.04	542,000	7.33%
EPM	EVOLUTION PETROLEUM CORP	$4.34	-0.23%	2.84%	-11.97%	-2.69%	5.08%	-7.66%	-46.75%	7.43%	-21.52%	$5.70	$3.19	23.86%	36.05%	0.77	302,000	18.43%
CRK	COMSTOCK RESOURCES INC	$13.23	-1.64%	0.00%	-25.55%	-35.93%	-50.58%	-44.46%	38.53%	111.68%	262.47%	$31.17	$12.85	57.56%	2.96%	1.08	1,475,000	-55.10%
NUAI	NEW ERA ENERGY & DIGITAL INC	$5.77	-3.43%	39.59%	38.92%	33.76%	36.29%	843.54%	-43.76%	N/A	N/A	$9.45	$0.33	38.96%	1,673.85%	0.78	7,567,000	-42.21%
NEXT	NEXTDECADE CORP	$8.44	2.06%	5.90%	-0.94%	50.45%	37.91%	2.68%	48.33%	245.90%	-15.18%	$12.12	$4.75	30.36%	77.68%	1.09	2,211,000	29.60%
BKV	BKV CORP	$26.92	0.64%	1.55%	-16.14%	-14.10%	-3.51%	19.91%	N/A	N/A	N/A	$32.81	$19.56	17.95%	37.63%	1.00	548,000	-26.93%
TBN	TAMBORAN RESOURCES CORP	$34.64	6.19%	1.41%	-3.54%	11.74%	39.00%	64.95%	N/A	N/A	N/A	$52.21	$17.29	33.65%	100.35%	0.39	546,000	48.77%
MXC	MEXCO ENERGY CORP	$8.80	-3.51%	-0.51%	-13.30%	-31.30%	0.57%	27.08%	-19.81%	-1.35%	266.67%	$16.40	$6.75	46.34%	30.37%	-0.01	13,800	48.39%
TPET	TRIO PETROLEUM CORP	$0.39	2.11%	10.54%	-27.48%	-80.10%	-56.16%	-66.26%	-98.68%	N/A	N/A	$2.50	$0.34	84.48%	14.12%	-1.22	1,524,000	-10.88%
GPRK	GEOPARK LTD	$11.19	-5.01%	14.89%	15.01%	35.31%	34.98%	56.50%	13.49%	-27.99%	367.22%	$11.87	$5.75	5.73%	94.61%	0.78	715,000	-31.58%
CKX	CKX LANDS INC	$10.25	-0.10%	-1.81%	-8.62%	-7.24%	-1.91%	-0.49%	2.40%	-22.50%	-11.26%	$13.25	$8.66	22.64%	18.36%	0.01	550	83.33%

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: 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 46.89% over the past year, overperforming other oil and gas stocks by 30 percentage points.

Chord Energy has an average 1 year price target of $157.64, an upside of 12.1% from Chord Energy's current stock price of $140.62.

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: B, 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 75.32% over the past year, overperforming other oil and gas stocks by 59 percentage points.

3. Sm Energy Co (NYSE:SM)

Sm Energy Co (NYSE:SM) 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 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 56, which is 27 points higher than the oil and gas industry average of 29.

SM passed 21 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock return 35.86% over the past year, overperforming other oil and gas stocks by 19 percentage points.

Sm Energy Co has an average 1 year price target of $37.33, an upside of 8.87% from Sm Energy Co's current stock price of $34.29.

Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Sm Energy Co, 41.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 41.67% 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 13.55%, 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 12.05%, 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 11.06%, 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 up?

Oil and gas stocks were up 2.39% in the last day, and up 1.37% over the last week. Texas Pacific Land was the among the top gainers in the oil & gas e&p industry, gaining 9.69% yesterday.

Shares of oil and gas-related companies are trading higher amid energy price gains following Iranian missile and drone attacks on Kuwait and Bahrain.

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 27 points higher than the oil and gas industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Apa's stock has gained 109.8% in the past year. It has overperformed other stocks in the oil and gas industry by 93 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 -16 points higher than the oil and gas industry average of 30. 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 75.32% in the past year. It has overperformed other stocks in the oil and gas industry by 59 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 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 28.83% in the past year. It has overperformed other stocks in the oil and gas industry by 12 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 24.47% over the next year.

1.45% of oil and gas stocks have a Zen Rating of A (Strong Buy), 14.49% of oil and gas stocks are rated B (Buy), 62.32% 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 30.32x.

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. Sm Energy Co (NYSE:SM)

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. Sm Energy Co (NYSE:SM)

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.