Sectors & IndustriesEnergyOil & 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
D
Oil and Gas is Zen Rated D and is the 106th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Price
Value
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
INR
INFINITY NATURAL RESOURCES INC
$16.85$38.30-56.01%18.72x4.73x0.73x3.48x0.18x-$168.38M-64.96%$307.14M19.97$1.22B9.19
MNR
MACH NATURAL RESOURCES LP
$12.70$8.9641.76%11.65x7.83x1.42x1.07x1.48x$241.16M14.45%$1.99B15.13$3.26B6.41
REPX
RILEY EXPLORATION PERMIAN INC
$39.22$54.68-28.27%5.15x8.56x2.11x1.33x1.05x$201.42M24.30%$634.24M30.01$1.08B3.23
CRGY
CRESCENT ENERGY CO
$12.77$11.3812.24%23.22x8.12x0.92x0.81x0.53x$1.58B47.72%$5.16B19.94$8.98B5.50
OVV
OVINTIV INC
$56.78$52.967.22%11.76x8.95x1.64x1.44x0.75x$1.51B10.30%$11.20B43.53$22.48B6.76
APA
APA CORP
$38.75N/AN/A9.71x8.46x1.51x2.25xN/A$1.78B12.79%$6.09B16.97$17.67B3.57
DVN
DEVON ENERGY CORP
$47.91$32.4147.81%11.46x10.11x1.73x1.91x1.76x$3.34B11.25%$15.53B25.05$36.86B4.93
KRP
KIMBELL ROYALTY PARTNERS LP
$14.51$5.33172.35%23.40x19.37x3.95x2.94x2.62x$22.98M1.74%$531.85M5.86$1.97B9.19
SD
SANDRIDGE ENERGY INC
$15.28N/AN/A8.00x9.57x3.59x1.10xN/A$40.97M7.29%$510.87M13.89$450.34M4.34
RRC
RANGE RESOURCES CORP
$43.33$34.6225.15%15.70x10.77x3.31x2.36x0.78x$586.62M5.69%$4.32B18.15$11.57B8.85
EOG
EOG RESOURCES INC
$139.05$92.2250.78%15.16x10.68x3.34x2.50x1.16x$3.47B4.60%$29.83B54.94$79.61B7.20
NOG
NORTHERN OIL & GAS INC
$28.06$16.8266.78%70.15x8.03x1.11x1.28x0.67x$252.83M9.22%$2.13B21.76$5.11B4.87
EXE
EXPAND ENERGY CORP
$100.19$62.1061.33%13.06x10.75x1.96x1.30x1.74x$1.71B7.21%$18.58B78.29$28.40B5.17
GPOR
GULFPORT ENERGY CORP
$202.29$239.54-15.55%9.30x8.01x2.59x2.05x0.59x$275.77M7.48%$1.83B100.68$4.57B5.07
MTDR
MATADOR RESOURCES CO
$60.34$57.085.71%9.89x10.40x2.03x1.33x0.89x$241.64M3.22%$5.66B45.43$10.82B4.63
EPM
EVOLUTION PETROLEUM CORP
$4.44N/AN/A55.50x219.80x1.76x2.30xN/A-$8.17M-5.43%$67.54M1.99$206.54M6.74
CLMT
CALUMET INC
$34.50N/AN/A-88.46x-53.69x0.72x-4.09xN/A$56.60M1.89%-$732.70M-8.45$5.25B22.03
PR
PERMIAN RESOURCES CORP
$20.56$12.7261.67%15.69x13.82x3.39x1.67x1.30x$734.09M4.27%$10.28B12.29$20.72B5.86
AR
ANTERO RESOURCES CORP
$39.17$35.4910.36%19.11x8.97x2.30x1.60x0.56x$557.68M4.60%$7.55B24.38$15.40B9.13
VIST
VISTA ENERGY SAB DE CV
$65.60$193.78-66.15%9.35xN/A2.76x2.72x0.15x-$659.22M-9.64%$2.51B24.09$9.60B5.03
DMLP
DORCHESTER MINERALS LP
$28.00$10.41169.09%24.14xN/A8.73x4.43x2.41x$136.37M10.22%$305.24M6.41$1.31B10.58
PED
PEDEVCO CORP
$16.00N/AN/A-7.11x14.27x1.61x1.03xN/A-$6.78M-9.18%$207.36M44.93$296.80M17.18
MXC
MEXCO ENERGY CORP
$9.12N/AN/A14.95xN/A2.70x0.97xN/A$2.13M11.41%$19.26M9.41$16.48M3.72
MUR
MURPHY OIL CORP
$39.10$22.2575.75%53.56x12.89x2.06x1.09x0.75x$218.88M3.91%$5.12B35.76$7.41B6.06
CNQ
CANADIAN NATURAL RESOURCES LTD
$46.43$30.4552.46%12.39xN/A3.44x3.01x1.63x$6.03B6.24%$32.15B15.45$108.20B6.37
MGY
MAGNOLIA OIL & GAS CORP
$29.86$17.4970.73%17.26x12.96x4.22x2.87x1.30x$398.79M7.20%$1.94B10.45$5.69B6.58
EONR
EON RESOURCES INC
$0.83N/AN/A3.31x-3.86x1.83x0.68xN/A$18.94M60.22%$60.90M1.60$45.84M3.01
SM
SM ENERGY CO
$28.81$37.53-23.24%5.10x5.48x1.05x1.43x1.53x$539.00M16.27%$4.81B41.83$9.21B4.17
AMPY
AMPLIFY ENERGY CORP
$5.88N/AN/A5.71x21.31x0.90x0.53xN/A$489.00k0.20%$458.72M11.36$184.54M1.69
GFR
GREENFIRE RESOURCES LTD
$5.98$11.18-46.51%12.33x592.08x1.63x0.87x0.25x$26.65M3.55%$857.98M6.84$723.56M4.53
OXY
OCCIDENTAL PETROLEUM CORP
$59.77$24.23146.65%36.22x15.91x2.67x1.64x1.37xN/AN/A$36.03B36.54$79.38BN/A
KGEI
KOLIBRI GLOBAL ENERGY INC
$5.10N/AN/A11.59x14.03x3.15x0.89xN/A-$21.10M-11.67%$203.88M5.75$228.65M5.58
REI
RING ENERGY INC
$1.42N/AN/A-8.35x16.84x0.97x0.36xN/A$52.95M17.82%$836.28M3.99$719.67M7.60
OBE
OBSIDIAN ENERGY LTD
$9.02N/AN/A24.05xN/A1.49x0.59xN/A$109.49M17.49%$1.02B14.74$753.73M3.51
EQT
EQT CORP
$60.18$36.3065.78%18.07x12.88x4.26x1.58x1.16x$2.84B7.71%$23.75B38.84$45.40B7.92
WDS
WOODSIDE ENERGY GROUP LTD
$23.63N/AN/A16.48xN/A3.46x1.25xN/A-$15.00M-0.03%$35.91B18.89$53.15B5.67
PNRG
PRIMEENERGY RESOURCES CORP
$230.15N/AN/A15.04x40.51x1.91x1.76xN/A$20.36M5.37%$213.79M129.69$372.61M3.07
WTI
W&T OFFSHORE INC
$2.92N/AN/A-2.89x-5.07x0.86x-2.17xN/A$39.68M9.18%-$199.75M-1.35$644.62M7.40
GRNT
GRANITE RIDGE RESOURCES INC
$5.69$5.93-4.04%31.61x12.23x1.65x1.23x0.40x-$122.67M-16.52%$605.76M4.64$1.12B4.09
DEC
DIVERSIFIED ENERGY CO
$16.55N/AN/A3.54x4.94x0.66x1.28xN/A$280.02M23.18%$984.06M13.49$4.07B4.40
CHRD
CHORD ENERGY CORP
$134.93$45.04199.58%182.34x14.96x1.60x0.95x1.15x$692.72M8.88%$8.08B139.76$8.98B5.01
CNX
CNX RESOURCES CORP
$38.58N/AN/A8.61x13.72x2.45x1.27xN/A$533.97M9.72%$4.34B30.46$8.08B5.22
TPL
TEXAS PACIFIC LAND CORP
$448.28$113.93293.47%64.22x46.43x38.72x21.18x2.07x-$3.82M-0.01%$1.46B21.16$30.78B45.69
BTE
BAYTEX ENERGY CORP
$4.16N/AN/A-7.25xN/A2.94x1.81xN/A$180.58M5.65%$1.76B2.28$2.57B3.16
BSM
BLACK STONE MINERALS LP
$14.19N/AN/A11.09x15.44x6.39x3.89xN/A$191.89M6.39%$827.98M3.91$3.37B9.73
BKV
BKV CORP
$27.40$21.5327.24%13.84x12.43x2.35x1.38x0.90x-$57.46M-2.42%$2.03B23.40$3.09B7.80
TXO
TXO PARTNERS LP
$12.50N/AN/A-29.07x18.61x1.55x1.00xN/A-$217.13M-34.90%$691.73M13.90$972.26M10.58
COP
CONOCOPHILLIPS
$125.22$56.54121.47%19.69x17.79x2.55x2.37x2.02x$7.24B4.62%$64.49B51.51$170.01B6.80
TPET
TRIO PETROLEUM CORP
$0.61N/AN/A-1.01xN/A12.41x1.59xN/A-$3.02M-47.20%$12.19M1.16$18.90M-3.02
EPSN
EPSILON ENERGY LTD
$6.14N/AN/A-24.56xN/A2.74x1.49xN/A$8.00M5.65%$124.73M5.42$227.83M30.96
GTE
GRAN TIERRA ENERGY INC
$7.57N/AN/A-1.39x-3.50x0.45x1.17xN/A$40.79M15.20%$228.74M6.46$892.01M5.51
KOS
KOSMOS ENERGY LTD
$2.77N/AN/A-1.88x51.11x1.02x2.52xN/A-$180.40M-13.65%$528.59M1.11$4.27B27.80
EGY
VAALCO ENERGY INC
$5.97N/AN/A-14.93x12.06x1.73x1.40xN/A-$43.22M-6.95%$443.50M4.26$708.03M7.73
CRK
COMSTOCK RESOURCES INC
$18.55$11.0168.51%12.97x22.74x2.43x2.06x2.04x-$20.81M-0.39%$2.65B9.10$8.33B6.18
CRC
CALIFORNIA RESOURCES CORP
$66.41N/AN/A15.93x17.57x1.57x1.60xN/A$543.00M9.40%$3.67B42.23$7.03B6.29
TALO
TALOS ENERGY INC
$14.92N/AN/A-5.29x-22.45x1.47x1.16xN/A$455.64M17.44%$2.17B12.38$3.32B4.47
BRN
BARNWELL INDUSTRIES INC
$1.08N/AN/A-1.69xN/A0.96x1.66xN/A-$1.59M-13.33%$8.16M0.74$10.03M-2.64
INDO
INDONESIA ENERGY CORP LTD
$3.21N/AN/A-6.69xN/A20.98x2.19xN/A-$6.74M-13.99%$21.93M1.46$40.25MN/A
FANG
DIAMONDBACK ENERGY INC
$186.47$114.7662.48%32.54x13.30x3.59x1.42x0.78x-$703.00M-1.30%$36.97B127.90$66.98B9.21
VET
VERMILION ENERGY INC
$13.01N/AN/A-4.16xN/A1.54x1.22xN/A$227.01M11.35%$1.63B10.62$2.93B11.76
AGIG
ABUNDIA GLOBAL IMPACT GROUP INC
$1.10N/AN/A-1.22x-7.70x84.62x2.53xN/A-$17.09M-47.27%$19.01M0.58$53.86M-1.88
BATL
BATTALION OIL CORP
$3.77N/AN/A-1.68xN/A0.37x-2.10xN/A-$35.48M-57.19%-$32.79M-1.99$245.10M2.70
VTS
VITESSE ENERGY INC
$18.01N/AN/A26.88x37.82x2.47x1.14xN/A$42.69M6.30%$629.32M16.72$839.55M4.81
HPK
HIGHPEAK ENERGY INC
$6.34N/AN/A48.77x-69.75x0.92x0.50xN/A-$3.74M-0.47%$1.59B12.73$1.83B3.08
NUAI
NEW ERA ENERGY & DIGITAL INC
$4.14N/AN/A-3.98xN/A133.55x-90.08xN/A-$13.37M-11.35%-$2.61M-0.09$233.85M-9.79
NEXT
NEXTDECADE CORP
$8.08N/AN/A-6.91x-2.73xN/A22.45xN/A-$5.02B-236.81%$95.34M0.36$10.09B-74.95
USEG
US ENERGY CORP
$0.77N/AN/A-1.78x-3.75x3.53x1.40xN/A-$19.02M-73.46%$24.20M0.72$36.35M-3.50
TBN
TAMBORAN RESOURCES CORP
$35.75N/AN/A-18.74x-28.86xN/A2.26xN/A-$158.18M-22.09%$358.86M17.92$771.06M-24.45
GPRK
GEOPARK LTD
$8.41$18.44-54.39%8.76x5.78x0.88x1.77x0.22x-$63.27M-14.55%$245.80M4.75$914.08M3.77
ANNA
ALEANNA INC
$6.35N/AN/A158.75xN/A10.31x11.94xN/A$3.15M1.23%$35.46M0.87$391.91M65.36
CKX
CKX LANDS INC
$10.25$28.24-63.71%6.97xN/A25.00x0.98x0.18x$8.83M42.10%$21.45M10.48$3.03M0.76
GLND
GREENLAND ENERGY CO
$8.64N/AN/A-0.21xN/AN/A-1,440.80xN/A-$226.43k-0.03%-$156.58k-0.00$226.03M-52.82
EP
EMPIRE PETROLEUM CORP
$2.87N/AN/A-1.35xN/A2.86x-22.08xN/A-$8.56M-8.75%-$4.61M-0.14$116.87M-1.97
CTRA
COTERRA ENERGY INC
$33.46$24.2937.76%14.87x13.21x3.33x1.71x0.98x$1.63B6.42%$14.84B19.50$29.10B6.02

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Apr 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. Infinity Natural Resources (NYSE:INR)


Infinity Natural Resources (NYSE:INR) is the #1 top oil and gas stock out of 74 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 Infinity Natural Resources (NYSE:INR) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.

Infinity Natural Resources (NYSE:INR) has a Due Diligence Score of 54, which is 24 points higher than the oil and gas industry average of 30.

INR passed 18 out of 33 due diligence checks and has strong fundamentals. Infinity Natural Resources has seen its stock return 11.74% over the past year, underperforming other oil and gas stocks by -27 percentage points.

Infinity Natural Resources has an average 1 year price target of $22.33, an upside of 32.54% from Infinity Natural Resources's current stock price of $16.85.

Infinity Natural Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Infinity Natural 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.

2. Mach Natural Resources (NYSE:MNR)


Mach Natural Resources (NYSE:MNR) is the #2 top oil and gas stock out of 74 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 Mach Natural Resources (NYSE:MNR) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.

Mach Natural Resources (NYSE:MNR) has a Due Diligence Score of 33, which is 3 points higher than the oil and gas industry average of 30.

MNR passed 12 out of 38 due diligence checks and has average fundamentals. Mach Natural Resources has seen its stock lose -4.51% over the past year, underperforming other oil and gas stocks by -44 percentage points.

Mach Natural Resources has an average 1 year price target of $16.00, an upside of 25.98% from Mach Natural Resources's current stock price of $12.70.

Mach Natural Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Mach Natural Resources, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Riley Exploration Permian (NYSEMKT:REPX)


Riley Exploration Permian (NYSEMKT:REPX) is the #3 top oil and gas stock out of 74 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: A, Growth: D, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: C.

Riley Exploration Permian (NYSEMKT:REPX) has a Due Diligence Score of 60, which is 30 points higher than the oil and gas industry average of 30.

REPX passed 22 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock return 72.17% over the past year, overperforming other oil and gas stocks by 33 percentage points.

Riley Exploration Permian has an average 1 year price target of $45.00, an upside of 14.74% from Riley Exploration Permian's current stock price of $39.22.

Riley Exploration Permian stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 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 41 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 15.51%, which is 11 percentage points higher than the oil and gas industry average of 4.13%.

Mach Natural Resources's dividend payout ratio of 180.7% indicates that its high dividend yield might not be sustainable for the long-term.

2. Txo Partners (NYSE:TXO)


Txo Partners (NYSE:TXO) has an annual dividend yield of 13.68%, which is 10 percentage points higher than the oil and gas industry average of 4.13%.

Txo Partners's dividend payout ratio of -397.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Vitesse Energy (NYSE:VTS)


Vitesse Energy (NYSE:VTS) has an annual dividend yield of 11.81%, which is 8 percentage points higher than the oil and gas industry average of 4.13%.

Vitesse Energy's dividend payout ratio of 336% 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 -4.19% in the last day, and down -1.27% over the last week. Tamboran Resources was the among the top losers in the oil & gas e&p industry, dropping -21.15% yesterday.

Shares of oil and gas companies are trading lower after President Trump posted on social media that the U.S. will work closely with Iran and that many of the 15 points in the proposed plan to end the war have been agreed to, signaling a de-escalation in the Middle East conflict and related supply chain constraints.

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. Riley Exploration Permian (NYSEMKT:REPX)


Riley Exploration Permian (NYSEMKT:REPX) is the most undervalued oil and gas stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Riley Exploration Permian has a valuation score of 57, which is 26 points higher than the oil and gas industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 72.17% in the past year. It has overperformed other stocks in the oil and gas industry by 33 percentage points.

2. Sm Energy Co (NYSE:SM)


Sm Energy Co (NYSE:SM) is the second most undervalued oil and gas stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Sm Energy Co has a valuation score of 57, which is 26 points higher than the oil and gas industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Sm Energy Co's stock has gained 41.29% in the past year. It has overperformed other stocks in the oil and gas industry by 2 percentage points.

3. Mach Natural Resources (NYSE:MNR)


Mach Natural Resources (NYSE:MNR) 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.

Mach Natural Resources has a valuation score of 43, which is 12 points higher than the oil and gas industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Mach Natural Resources's stock has dropped -4.51% in the past year. It has underperformed other stocks in the oil and gas industry by -44 percentage points.

Are oil and gas stocks a good buy now?

48.98% 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 14.16% over the next year.

2.94% of oil and gas stocks have a Zen Rating of A (Strong Buy), 2.94% of oil and gas stocks are rated B (Buy), 76.47% are rated C (Hold), 13.24% are rated D (Sell), and 4.41% 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 21.3x.
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.