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
F
Oil and Gas is Zen Rated F and is the 119th 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
SD
SANDRIDGE ENERGY INC
$17.84N/AN/A9.91x10.25x4.20x1.33xN/A$39.69M6.07%$492.45M13.43$553.46M5.69
REI
RING ENERGY INC
$1.47N/AN/A-21.00x7.21x0.94x0.36xN/A$43.83M14.42%$847.66M4.09$736.18M6.07
REPX
RILEY EXPLORATION PERMIAN INC
$29.47$69.15-57.38%7.24x7.97x1.57x1.14x0.24x$101.73M16.31%$566.50M26.77$998.01M4.35
GPOR
GULFPORT ENERGY CORP
$210.82$237.93-11.39%9.70x8.74x2.70x2.13x0.70x$275.77M7.18%$1.83B100.68$4.73B5.25
RRC
RANGE RESOURCES CORP
$41.52$34.0621.89%15.04x11.45x3.17x2.26x0.85x$586.62M5.94%$4.32B18.15$11.15B8.53
CRGY
CRESCENT ENERGY CO
$11.24$10.1410.85%20.44x8.17x0.81x0.71x0.60x$1.58B54.22%$5.16B19.94$8.48B5.19
EPSN
EPSILON ENERGY LTD
$5.29$4.1328.03%19.59xN/A2.55x1.16x0.77x$9.93M8.53%$100.22M4.55$104.36M4.53
INR
INFINITY NATURAL RESOURCES INC
$17.24N/AN/AN/A5.80x0.86x3.64xN/A-$123.86M-46.55%$288.62M18.70$1.12B-10.10
GRNT
GRANITE RIDGE RESOURCES INC
$5.15$6.32-18.54%18.39x11.07x1.49x1.05x0.41x-$80.59M-12.00%$643.89M4.94$964.11M3.47
EQT
EQT CORP
$61.61$37.1965.66%18.50x13.25x4.36x1.62x1.28x$2.84B7.53%$23.75B38.84$46.29B8.08
EPM
EVOLUTION PETROLEUM CORP
$4.46N/AN/A55.75x265.48x1.77x2.31xN/A-$8.17M-5.40%$67.54M1.99$207.24M6.77
DMLP
DORCHESTER MINERALS LP
$26.77$11.05142.33%23.08xN/A8.35x4.23x2.31x$136.37M10.69%$305.24M6.41$1.25B10.10
WTI
W&T OFFSHORE INC
$3.10N/AN/A-3.13x-5.48x0.92x-2.67xN/A$5.05M1.10%-$172.49M-1.16$685.31M7.00
OVV
OVINTIV INC
$51.79$53.30-2.83%10.72x12.05x1.50x1.31x0.76x$1.51B11.30%$11.20B43.53$21.06B6.33
EXE
EXPAND ENERGY CORP
$107.99$68.6157.39%14.08x12.62x2.11x1.40x1.67x$1.71B6.69%$18.58B78.29$30.27B5.51
AR
ANTERO RESOURCES CORP
$37.59$36.014.39%18.34x11.29x2.21x1.54x0.58x$557.68M4.79%$7.55B24.38$14.91B8.84
BKV
BKV CORP
$31.34$24.6627.07%65.29x15.41x3.33x1.58x0.53x$17.55M0.66%$1.79B21.08$3.22B11.10
EONR
EON RESOURCES INC
$0.64N/AN/A2.56x-2.99x1.42x0.53xN/A$18.94M77.81%$60.90M1.60$36.49M2.40
PNRG
PRIMEENERGY RESOURCES CORP
$201.45N/AN/A13.17x35.46x1.67x1.54xN/A$20.36M6.13%$213.79M129.69$325.68M2.68
VIST
VISTA ENERGY SAB DE CV
$59.57$43.7636.14%8.49x15.63x2.51x2.47x7.45x-$659.22M-10.61%$2.51B24.09$8.97B4.70
APA
APA CORP
$31.85N/AN/A7.98x14.26x1.24x1.85xN/A$1.78B15.56%$6.09B16.97$15.23B3.08
KRP
KIMBELL ROYALTY PARTNERS LP
$14.54N/AN/A23.45x28.94x3.96x2.95xN/A$22.98M1.74%$531.85M5.86$1.97B9.20
GFR
GREENFIRE RESOURCES LTD
$6.16N/AN/A4.44x609.90x0.89x0.69xN/A$63.90M14.76%$628.17M8.94$586.18M3.65
DVN
DEVON ENERGY CORP
$44.00$29.7048.17%10.53x13.74x1.59x1.76x3.03x$3.34B12.25%$15.53B25.05$34.43B4.61
EOG
EOG RESOURCES INC
$128.01$97.5231.27%13.96x13.29x3.07x2.30x1.07x$3.47B5.00%$29.83B54.94$73.69B6.66
CLMT
CALUMET INC
$27.89N/AN/A-71.51x-43.40x0.58x-3.30xN/A$56.60M2.34%-$732.70M-8.45$4.67B19.62
MGY
MAGNOLIA OIL & GAS CORP
$28.42$16.6970.24%16.43x17.13x4.02x2.73x1.59x$398.79M7.56%$1.94B10.45$5.42B6.27
CNQ
CANADIAN NATURAL RESOURCES LTD
$44.13$40.459.09%19.49x15.20x3.34x3.18x0.60x$5.81B6.31%$28.90B13.86$104.27B8.36
MNR
MACH NATURAL RESOURCES LP
$12.88$10.2725.40%13.28x12.68x1.59x1.10x1.03x$296.33M18.19%$1.96B15.53$3.28B7.39
BSM
BLACK STONE MINERALS LP
$14.95N/AN/A11.68x12.30x6.73x4.10xN/A$191.89M6.07%$827.98M3.91$3.55B10.23
MTDR
MATADOR RESOURCES CO
$53.50$53.90-0.74%8.77x11.45x1.80x1.17x1.08x$241.64M3.63%$5.66B45.43$9.97B4.27
NOG
NORTHERN OIL & GAS INC
$28.09$18.4452.31%70.23x10.13x1.11x1.29x0.65x$252.83M9.21%$2.13B21.76$5.11B4.87
SM
SM ENERGY CO
$24.09N/AN/A4.26x6.91x0.88x1.19xN/A$539.00M19.46%$4.81B41.83$8.09B3.66
WDS
WOODSIDE ENERGY GROUP LTD
$21.52N/AN/A15.01x29.34x3.15x1.14xN/A-$15.00M-0.04%$35.91B18.89$49.14B5.24
KGEI
KOLIBRI GLOBAL ENERGY INC
$4.30N/AN/A8.60x11.83x2.55x0.76xN/A-$14.66M-9.58%$201.20M5.65$197.39M4.13
BTE
BAYTEX ENERGY CORP
$3.86N/AN/A19.30x56.60x1.36x0.99xN/A$305.49M10.31%$2.99B3.90$4.41B3.33
CNX
CNX RESOURCES CORP
$41.91N/AN/A9.35x15.66x2.66x1.38xN/A$533.97M8.95%$4.34B30.46$8.56B5.53
VET
VERMILION ENERGY INC
$11.43N/AN/A-10.59x25.34x1.30x0.91xN/A$270.76M15.41%$1.93B12.58$2.66B5.36
EGY
VAALCO ENERGY INC
$5.29$8.59-38.44%19.59x9.47x1.41x1.09x0.28x-$84.32M-15.29%$505.87M4.85$673.43M3.56
OBE
OBSIDIAN ENERGY LTD
$8.04N/AN/A21.44x30.03x1.33x0.53xN/A$109.49M19.63%$1.02B14.74$687.80M3.20
CRK
COMSTOCK RESOURCES INC
$20.65$9.01129.24%14.44x25.18x2.70x2.29x11.05x-$20.81M-0.35%$2.65B9.10$8.95B6.64
DEC
DIVERSIFIED ENERGY CO
$14.52N/AN/A3.11x4.33x0.58x1.12xN/A$280.02M26.43%$984.06M13.49$3.91B4.24
CRC
CALIFORNIA RESOURCES CORP
$60.47N/AN/A14.50x42.33x1.43x1.46xN/A$543.00M10.32%$3.67B42.23$6.51B5.82
TXO
TXO PARTNERS LP
$12.76N/AN/A-29.67x25.24x1.58x1.02xN/A-$217.13M-34.19%$691.73M13.90$986.62M10.73
INDO
INDONESIA ENERGY CORP LTD
$5.25N/AN/A-10.94xN/A34.31x3.59xN/A-$6.74M-8.55%$21.93M1.46$70.82MN/A
TPL
TEXAS PACIFIC LAND CORP
$523.64$81.52542.36%75.02x62.77x45.23x24.74x4.74x-$3.82M-0.01%$1.46B21.16$35.97B53.41
BATL
BATTALION OIL CORP
$27.68N/AN/A-8.26xN/A2.48x-22.49xN/A-$24.84M-5.46%-$20.25M-1.23$614.77M10.65
VTS
VITESSE ENERGY INC
$18.60N/AN/A27.76x42.73x2.56x1.18xN/A$42.69M6.10%$629.32M16.72$863.02M4.94
COP
CONOCOPHILLIPS
$118.52$58.89101.27%18.64x24.04x2.41x2.25x2.01x$7.24B4.88%$64.49B51.51$161.82B6.47
AMPY
AMPLIFY ENERGY CORP
$5.83N/AN/A-8.33x26.21x0.86x0.60xN/A$8.02M3.40%$392.97M9.71$361.96M34.53
OXY
OCCIDENTAL PETROLEUM CORP
$53.68$22.09142.97%32.53x41.71x2.40x1.47x1.59xN/AN/A$36.03B36.54$73.37BN/A
MUR
MURPHY OIL CORP
$34.87$24.0345.13%47.77x43.82x1.84x0.97x0.65x$218.88M4.38%$5.12B35.76$6.80B5.57
CHRD
CHORD ENERGY CORP
$112.34$46.96139.20%151.81x21.66x1.33x0.79x0.98x$692.72M10.67%$8.08B139.76$7.70B4.29
TPET
TRIO PETROLEUM CORP
$1.95N/AN/A-2.44xN/A44.32x2.12xN/A-$3.49M-19.59%$11.30M1.24$23.57M-3.53
GTE
GRAN TIERRA ENERGY INC
$6.58N/AN/A-2.56x-2.07x0.37x0.63xN/A-$48.32M-20.81%$365.96M10.37$944.99M3.21
HPK
HIGHPEAK ENERGY INC
$5.54$5.147.76%14.97x-68.56x0.78x0.43x0.69x-$13.80M-2.00%$1.63B13.03$1.72B2.70
TALO
TALOS ENERGY INC
$13.09N/AN/A-4.64x-7.59x1.29x1.02xN/A$455.64M19.88%$2.17B12.38$3.01B4.06
FANG
DIAMONDBACK ENERGY INC
$177.53$124.9542.08%30.98x17.40x3.42x1.35x0.72x-$703.00M-1.37%$36.97B127.90$64.46B8.86
AGIG
ABUNDIA GLOBAL IMPACT GROUP INC
$2.25N/AN/A-0.24x-15.76x125.00x4.78xN/A-$14.80M-19.33%$16.29M0.48$87.55M-2.84
USEG
US ENERGY CORP
$1.43N/AN/A-1.72x-7.01x4.60x1.96xN/A-$9.18M-19.58%$25.04M0.76$48.25M-2.53
TBN
TAMBORAN RESOURCES CORP
$31.00N/AN/A-16.25x-28.81xN/A1.96xN/A-$158.18M-25.48%$358.86M17.92$663.52M-21.04
NUAI
NEW ERA ENERGY & DIGITAL INC
$4.31N/AN/A-3.53xN/A148.62x17.80xN/A-$11.79M-9.26%$12.94M0.44$218.55M-13.96
KOS
KOSMOS ENERGY LTD
$2.57N/AN/A-1.75x-7.05x0.95x2.34xN/A-$180.40M-14.71%$528.59M1.11$4.17B27.17
NEXT
NEXTDECADE CORP
$5.61N/AN/A-4.79x-2.84xN/A15.59xN/A-$5.02B-341.07%$95.34M0.36$9.44B-70.09
EP
EMPIRE PETROLEUM CORP
$3.77N/AN/A-7.39xN/A3.45x2.45xN/A-$17.93M-13.98%$53.66M1.58$143.16M-26.28
GPRK
GEOPARK LTD
$8.27$15.07-45.11%12.34x8.58x0.81x2.04x0.27x$66.04M15.49%$208.65M4.05$826.33M2.96
MXC
MEXCO ENERGY CORP
$12.81N/AN/A21.00xN/A3.79x1.36xN/A$2.13M8.13%$19.26M9.41$24.03M5.42
PED
PEDEVCO CORP
$0.69$0.29138.01%13.84x-11.42x1.92x0.57xN/A$6.37M9.97%$115.37M1.25$55.43M4.32
ANNA
ALEANNA INC
$3.55N/AN/A-0.83xN/A8.66x4.11xN/A-$12.34M-8.56%$35.16M0.87$113.80M-14.77
PR
PERMIAN RESOURCES CORP
$18.39$11.0067.20%14.04x16.74x3.04x1.50x2.02x$734.09M4.77%$10.28B12.29$18.91B5.35
CTRA
COTERRA ENERGY INC
$30.90$26.0618.55%13.73x14.19x3.08x1.58x0.88x$1.63B6.95%$14.84B19.50$27.16B5.61
CKX
CKX LANDS INC
$11.05$1.51630.00%48.04xN/A25.29x1.20x23.25x$932.88k4.11%$18.88M9.20$12.67M21.71
BRN
BARNWELL INDUSTRIES INC
$1.17N/AN/A-1.83xN/A1.04x1.80xN/A-$1.59M-12.31%$8.16M0.74$11.16M-2.93

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Mar 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. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) 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 Sandridge Energy (NYSE:SD) is: Value: C, Growth: D, Momentum: B, Sentiment: B, Safety: B, Financials: C, and AI: C.

Sandridge Energy (NYSE:SD) has a Due Diligence Score of 49, which is 19 points higher than the oil and gas industry average of 30.

SD passed 18 out of 38 due diligence checks and has strong fundamentals. Sandridge Energy has seen its stock return 62.92% over the past year, overperforming other oil and gas stocks by 46 percentage points.

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 C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

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

Ring Energy (NYSEMKT:REI) has a Due Diligence Score of 11, which is -19 points lower than the oil and gas industry average of 30.

REI passed 3 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock return 22.5% over the past year, overperforming other oil and gas stocks by 5 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 C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

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

Riley Exploration Permian (NYSEMKT:REPX) has a Due Diligence Score of 56, which is 26 points higher than the oil and gas industry average of 30.

REPX passed 20 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock return 2.4% over the past year, underperforming other oil and gas stocks by -15 percentage points.

Riley Exploration Permian has an average 1 year price target of $36.00, an upside of 22.16% from Riley Exploration Permian's current stock price of $29.47.

Riley Exploration Permian stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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 35 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. Txo Partners (NYSE:TXO)


Txo Partners (NYSE:TXO) has an annual dividend yield of 15.83%, which is 11 percentage points higher than the oil and gas industry average of 4.57%.

Txo Partners's dividend payout ratio of -469.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Mach Natural Resources (NYSE:MNR)


Mach Natural Resources (NYSE:MNR) has an annual dividend yield of 15.3%, which is 11 percentage points higher than the oil and gas industry average of 4.57%.

Mach Natural Resources's dividend payout ratio of 234% 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 12.1%, which is 8 percentage points higher than the oil and gas industry average of 4.57%.

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 -0.13% in the last day, and up 4.96% over the last week.

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

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. Sm Energy Co (NYSE:SM)


Sm Energy Co (NYSE:SM) 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.

Sm Energy Co 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.

Sm Energy Co's stock has dropped -19.73% in the past year. It has underperformed other stocks in the oil and gas industry by -37 percentage points.

2. Riley Exploration Permian (NYSEMKT:REPX)


Riley Exploration Permian (NYSEMKT:REPX) 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.

Riley Exploration Permian has a valuation score of 71, which is 40 points higher than the oil and gas industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 2.4% in the past year. It has underperformed other stocks in the oil and gas industry by -15 percentage points.

3. Gulfport Energy (NYSE:GPOR)


Gulfport Energy (NYSE:GPOR) 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.

Gulfport Energy 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.

Gulfport Energy's stock has gained 26.13% in the past year. It has overperformed other stocks in the oil and gas industry by 9 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 11.07% over the next year.

0% of oil and gas stocks have a Zen Rating of A (Strong Buy), 1.56% of oil and gas stocks are rated B (Buy), 73.44% are rated C (Hold), 17.19% are rated D (Sell), and 7.81% 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 21.96x.
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.