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 117th 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
GPOR
GULFPORT ENERGY CORP
$206.16N/AN/A-138.36x7.60x2.95x2.17xN/A$306.90M8.22%$1.83B101.27$4.73B11.63
KRP
KIMBELL ROYALTY PARTNERS LP
$12.03N/AN/A-133.67x20.06x3.45x2.40xN/A$22.37M2.04%$541.77M5.94$1.71B10.01
REI
RING ENERGY INC
$0.91N/AN/A-12.94x4.44x0.58x0.22xN/A$43.83M23.40%$847.66M4.09$619.31M5.11
SD
SANDRIDGE ENERGY INC
$14.78N/AN/A8.21x8.49x3.48x1.10xN/A$39.69M7.32%$492.45M13.43$440.93M4.53
REPX
RILEY EXPLORATION PERMIAN INC
$26.60$54.31-51.03%6.54x5.21x1.42x1.03x0.32x$101.73M18.07%$566.50M26.77$934.96M4.07
DEC
DIVERSIFIED ENERGY CO PLC
$14.80N/AN/A-5.56x4.41x0.85x0.97xN/A$175.32M17.21%$716.18M10.41$3.41B26.00
CRGY
CRESCENT ENERGY CO
$8.51N/AN/A-24.31x5.75x0.60x0.48xN/A$923.95M42.64%$4.47B17.56$5.38B3.58
BSM
BLACK STONE MINERALS LP
$13.51$7.9270.65%11.65x11.24x6.58x3.71x3.98x$224.62M7.85%$824.74M3.89$3.15B9.80
BKV
BKV CORP
$27.44$26.652.95%57.17x11.75x2.91x1.38x0.42x$17.55M0.75%$1.79B21.08$2.87B9.89
CLMT
CALUMET INC
$19.55N/AN/A-46.55x-15.01x0.42x-2.44xN/A-$75.60M-4.45%-$695.30M-8.00$3.82B12.88
EPSN
EPSILON ENERGY LTD
$4.60$4.0912.56%17.04xN/A2.22x1.01x0.67x$9.93M9.80%$100.22M4.55$89.13M3.87
EXE
EXPAND ENERGY CORP
$109.77$71.7952.90%34.85x10.85x2.41x1.44x0.75x$1.42B5.45%$18.15B76.19$30.46B7.11
APA
APA CORP
$25.36N/AN/A6.07x8.89x0.93x1.51xN/A$1.90B21.02%$5.97B16.71$13.01B2.57
DVN
DEVON ENERGY CORP
$37.87$40.39-6.25%8.89x9.33x1.36x1.55x0.87x$3.37B14.17%$15.35B24.47$31.03B4.05
GRNT
GRANITE RIDGE RESOURCES INC
$4.68$6.33-26.05%16.71x9.83x1.35x0.95x0.36x-$80.59M-13.21%$643.89M4.94$902.42M3.25
OVV
OVINTIV INC
$40.49$59.28-31.69%42.18x7.68x1.16x1.00x0.28x$1.48B14.30%$10.23B39.95$16.66B5.79
INR
INFINITY NATURAL RESOURCES INC
$14.72N/AN/AN/A5.48x0.74x3.10xN/A-$123.86M-54.52%$288.62M18.70$968.10M-8.72
COP
CONOCOPHILLIPS
$96.70$66.0946.32%13.68x15.53x1.94x1.84x1.40x$7.09B5.89%$64.92B52.14$137.72B5.42
CTRA
COTERRA ENERGY INC
$26.60$24.369.18%12.26x9.11x2.87x1.38x0.82x$1.45B7.14%$14.72B19.29$24.07B5.44
RRC
RANGE RESOURCES CORP
$35.30$33.944.02%14.77x9.06x2.87x1.99x0.64x$557.40M6.65%$4.20B17.71$9.74B8.56
MNR
MACH NATURAL RESOURCES LP
$11.25$10.487.40%11.60x8.46x1.39x0.96x0.84x$296.33M20.83%$1.96B15.53$3.01B6.77
MGY
MAGNOLIA OIL & GAS CORP
$22.48$17.1531.07%12.56x12.30x3.14x2.18x1.20x$413.17M9.95%$1.95B10.55$4.35B4.96
OBE
OBSIDIAN ENERGY LTD
$6.29N/AN/A-2.88x124.55x0.89x0.42xN/A$147.43M34.93%$1.00B14.94$528.26M2.11
CNX
CNX RESOURCES CORP
$36.46$41.45-12.05%16.80x14.08x2.78x1.19x0.46x$574.64M11.69%$4.12B30.52$7.68B6.93
SM
SM ENERGY CO
$19.13N/AN/A3.02x4.95x0.67x0.46xN/A-$1.56B-71.13%$4.71B41.05$4.74B2.10
EOG
EOG RESOURCES INC
$107.27$103.693.45%10.60x10.07x2.57x1.92x0.87x$3.92B6.75%$30.29B55.98$62.80B5.44
EQT
EQT CORP
$53.46$37.6941.85%17.30x11.79x4.24x1.44x0.98x$2.49B7.46%$23.15B37.07$41.53B7.63
WTI
W&T OFFSHORE INC
$1.61N/AN/A-1.63x-2.85x0.48x-1.39xN/A$5.05M2.11%-$172.49M-1.16$463.63M4.73
MTDR
MATADOR RESOURCES CO
$43.36$56.92-23.83%6.93x8.33x1.41x0.98x0.76x$435.29M8.07%$5.51B44.26$8.51B3.49
PNRG
PRIMEENERGY RESOURCES CORP
$179.05N/AN/A11.70xN/A1.49x1.37xN/A$20.36M6.90%$213.79M129.69$289.06M2.38
DMLP
DORCHESTER MINERALS LP
$23.25$8.08187.91%21.53xN/A7.36x3.47x4.58x$136.48M12.31%$323.57M6.79$1.08B11.01
GFR
GREENFIRE RESOURCES LTD
$4.81$8.35-42.40%3.47x24.37x0.70x0.54x4.66x$63.90M18.90%$628.17M8.94$491.34M3.06
CRC
CALIFORNIA RESOURCES CORP
$46.39$30.8850.25%11.15x21.54x1.07x1.13x2.45x$546.00M14.06%$3.44B41.14$4.70B4.09
CNQ
CANADIAN NATURAL RESOURCES LTD
$34.32$42.34-18.95%15.16x10.85x2.59x2.48x0.43x$5.81B8.11%$28.90B13.86$83.81B6.72
NOG
NORTHERN OIL & GAS INC
$22.01$32.48-32.23%12.03x7.06x0.90x0.96x0.37x-$166.69M-7.80%$2.24B23.11$4.46B3.63
BTE
BAYTEX ENERGY CORP
$3.30N/AN/A16.50x57.69x1.16x0.85xN/A$305.49M12.06%$2.99B3.90$3.98B3.01
TPL
TEXAS PACIFIC LAND CORP
$297.97$578.40-48.48%43.06x11.90x26.60x15.02x0.20x$82.71M0.40%$1.37B19.84$20.03B30.27
CRK
COMSTOCK RESOURCES INC
$23.58$11.60103.30%90.69x23.05x3.81x2.93x0.86x-$306.16M-4.46%$2.36B8.11$10.09B11.21
MUR
MURPHY OIL CORP
$32.49$30.626.09%32.49x18.77x1.68x0.91x0.48x$405.44M8.74%$5.12B35.88$6.43B5.09
VIST
VISTA ENERGY SAB DE CV
$48.81N/AN/A6.87x9.81x2.29x2.11xN/A-$692.36M-13.61%$2.41B23.09$7.76B4.35
TALO
TALOS ENERGY INC
$11.25N/AN/A-5.57x-7.90x1.04x0.80xN/A$569.37M29.21%$2.38B13.74$2.75B2.83
AR
ANTERO RESOURCES CORP
$34.21$27.9622.36%19.44x8.63x2.10x1.44x0.70x$551.50M5.22%$7.35B23.79$14.12B9.54
VET
VERMILION ENERGY INC
$8.54N/AN/A-7.91x23.16x0.97x0.68xN/A$270.76M20.62%$1.93B12.58$2.22B4.47
VTS
VITESSE ENERGY INC
$19.91$3.89411.18%39.82x37.26x2.87x1.18x7.17x$41.48M5.32%$650.26M16.62$878.42M5.46
OXY
OCCIDENTAL PETROLEUM CORP
$42.38$19.71115.06%30.49x26.85x1.55x1.15x1.33x$3.85B9.21%$36.26B36.81$62.47B5.16
KGEI
KOLIBRI GLOBAL ENERGY INC
$3.92N/AN/A7.84x10.21x2.32x0.69xN/A-$14.66M-10.51%$201.20M5.65$183.87M3.84
WDS
WOODSIDE ENERGY GROUP LTD
$15.99N/AN/A10.27x20.00x2.20x0.85xN/A-$160.00M-0.53%$35.64B18.81$39.21B4.11
EGY
VAALCO ENERGY INC
$3.66N/AN/A13.56x8.73x0.98x0.75xN/A-$84.32M-22.10%$505.87M4.85$503.49M2.66
TXO
TXO PARTNERS LP
$10.99$2.63318.10%26.80x26.22x1.65x0.82x14.91x-$194.46M-32.30%$736.22M13.44$867.87M7.46
FANG
DIAMONDBACK ENERGY INC
$152.34$132.4415.03%10.69x12.45x2.86x1.12x1.11x-$1.09B-2.49%$39.09B135.33$59.34B5.81
INDO
INDONESIA ENERGY CORP LTD
$3.14N/AN/A-6.54xN/A20.52x2.15xN/A-$6.74M-14.30%$21.93M1.46$39.20MN/A
CHRD
CHORD ENERGY CORP
$94.68$83.2213.77%32.31x12.61x1.05x0.67x0.52x$855.61M15.81%$8.07B141.26$6.26B3.28
AMPY
AMPLIFY ENERGY CORP
$4.63N/AN/A-6.61x20.82x0.68x0.48xN/A$8.02M4.28%$392.97M9.71$313.39M29.90
EPM
EVOLUTION PETROLEUM CORP
$3.64N/AN/A-364.00x-713.73x1.44x1.83xN/A-$6.08M-4.95%$69.13M2.05$178.56M7.01
AGIG
ABUNDIA GLOBAL IMPACT GROUP INC
$2.03N/AN/A-0.22xN/A13.44x4.26xN/A-$14.80M-182.41%$16.49M4.13$79.80M-4.54
HPK
HIGHPEAK ENERGY INC
$4.47$5.08-12.09%12.08x-442.57x0.63x0.35x0.55x-$13.80M-2.48%$1.63B13.03$1.59B2.49
GTE
GRAN TIERRA ENERGY INC
$4.23N/AN/A-1.65x-1.61x0.24x0.41xN/A-$48.32M-32.36%$365.96M10.37$862.04M2.93
USEG
US ENERGY CORP
$0.96N/AN/A-1.15x-4.70x3.08x1.32xN/A-$9.18M-29.23%$25.04M0.76$32.01M-1.68
NUAI
NEW ERA ENERGY & DIGITAL INC
$3.44N/AN/A-2.82xN/A118.62x14.21xN/A-$11.79M-11.60%$12.94M0.44$172.05M-10.99
TBN
TAMBORAN RESOURCES CORP
$27.88N/AN/A-10.87x-31.80xN/A1.94xN/A-$162.00M-33.16%$295.15M16.84$557.42M-14.36
KOS
KOSMOS ENERGY LTD
$0.89N/AN/A-1.29x-16.15x0.31x0.48xN/A-$131.10M-30.68%$898.79M1.88$3.33B7.47
NEXT
NEXTDECADE CORP
$5.38N/AN/A-7.27x-2.61xN/A9.22xN/A-$3.71B-262.73%$154.49M0.59$7.44B75.32
MXC
MEXCO ENERGY CORP
$9.96$4.9999.51%12.15xN/A2.74x1.06x13.24x$2.11M10.37%$19.17M9.37$17.73M3.97
PR
PERMIAN RESOURCES CORP
$14.40$11.6823.27%12.52x11.79x2.30x1.19x1.04x$887.00M7.43%$10.03B12.09$15.52B4.54
TPET
TRIO PETROLEUM CORP
$0.82N/AN/A-0.68xN/A21.55x0.61xN/A-$6.90M-105.74%$11.42M1.43$6.33M-1.16
EP
EMPIRE PETROLEUM CORP
$3.04N/AN/A-5.96xN/A2.78x1.97xN/A-$17.93M-17.34%$53.66M1.58$117.71M-21.61
CKX
CKX LANDS INC
$9.15$1.50511.14%39.78xN/A20.94x1.00x19.25x$932.88k4.96%$18.88M9.20$8.77M15.03
CIVI
CIVITAS RESOURCES INC
$27.79$58.24-52.29%4.03x5.50x0.52x0.35x0.55x$1.17B47.27%$6.69B75.23$7.45B2.27
PED
PEDEVCO CORP
$0.56$0.2994.03%11.16x-9.21x1.55x0.46xN/A$6.37M12.37%$115.37M1.25$42.63M3.32
BRN
BARNWELL INDUSTRIES INC
$1.15N/AN/A-1.62xN/A0.84x2.06xN/A-$2.22M-19.22%$7.01M0.70$11.63M-3.00
ANNA
ALEANNA INC
$2.77N/AN/A-0.65xN/A6.76x3.20xN/A-$12.34M-10.97%$35.16M0.87$82.09M-10.65
BATL
BATTALION OIL CORP
$1.19N/AN/A-0.36xN/A0.11x-0.97xN/A-$24.84M-126.89%-$20.25M-1.23$178.83M3.10
EONR
EON RESOURCES INC
$0.39N/AN/A1.55x-1.81x0.86x0.32xN/A$18.94M128.35%$60.90M1.60$23.90M1.57
GPRK
GEOPARK LTD
$7.29$11.86-38.54%10.88x9.28x0.71x1.80x0.33x$66.04M17.57%$208.65M4.05$775.79M2.78

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Jan 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. Gulfport Energy (NYSE:GPOR)


Gulfport Energy (NYSE:GPOR) is the #1 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 Gulfport Energy (NYSE:GPOR) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.

Gulfport Energy (NYSE:GPOR) has a Due Diligence Score of 17, which is -12 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates GPOR as a "B".

GPOR passed 6 out of 33 due diligence checks and has weak fundamentals. Gulfport Energy has seen its stock return 12.1% over the past year, overperforming other oil and gas stocks by 25 percentage points.

Gulfport Energy has an average 1 year price target of $232.17, an upside of 12.61% from Gulfport Energy's current stock price of $206.16.

Gulfport Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Gulfport Energy, 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.

2. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) is the #2 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 Kimbell Royalty Partners (NYSE:KRP) is: Value: D, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.

Kimbell Royalty Partners (NYSE:KRP) has a Due Diligence Score of 20, which is -9 points lower than the oil and gas industry average of 29. Although this number is below the industry average, our proven quant model rates KRP as a "B".

KRP passed 6 out of 38 due diligence checks and has weak fundamentals. Kimbell Royalty Partners has seen its stock lose -26.69% over the past year, underperforming other oil and gas stocks by -14 percentage points.

Kimbell Royalty Partners has an average 1 year price target of $17.00, an upside of 41.31% from Kimbell Royalty Partners's current stock price of $12.03.

Kimbell Royalty Partners stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Kimbell Royalty Partners, 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. Ring Energy (NYSEMKT:REI)


Ring Energy (NYSEMKT:REI) 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 Ring Energy (NYSEMKT:REI) is: Value: A, Growth: C, Momentum: D, Sentiment: A, Safety: C, Financials: C, and AI: C.

Ring Energy (NYSEMKT:REI) has a Due Diligence Score of 11, which is -18 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 3 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock lose -35.29% over the past year, underperforming other oil and gas stocks by -23 percentage points.

What are the oil and gas stocks with highest dividends?

Out of 36 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 18.38%, which is 13 percentage points higher than the oil and gas industry average of 5.26%.

Txo Partners's dividend payout ratio of 548.8% 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 17.24%, which is 12 percentage points higher than the oil and gas industry average of 5.26%.

Mach Natural Resources's dividend payout ratio of 234% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 13.3%, which is 8 percentage points higher than the oil and gas industry average of 5.26%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Kimbell Royalty Partners's dividend has shown consistent growth over the last 10 years.

Kimbell Royalty Partners's dividend payout ratio of -1,844.4% 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 1.93% in the last day, and up 2.56% 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. 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 11 points higher than the oil and gas industry average of 32. It passed 3 out of 7 valuation due diligence checks.

Sm Energy Co's stock has dropped -52.37% in the past year. It has underperformed other stocks in the oil and gas industry by -40 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 39 points higher than the oil and gas industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has dropped -20.34% in the past year. It has underperformed other stocks in the oil and gas industry by -8 percentage points.

3. Apa (NASDAQ:APA)


Apa (NASDAQ:APA) is the third 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.

Apa has a valuation score of 29, which is -3 points higher than the oil and gas industry average of 32. It passed 2 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates APA a Valuation Rating of "A".

Apa's stock has gained 8.47% in the past year. It has overperformed other stocks in the oil and gas industry by 21 percentage points.

Are oil and gas stocks a good buy now?

44.68% 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 24.03% over the next year.

0% of oil and gas stocks have a Zen Rating of A (Strong Buy), 6.45% of oil and gas stocks are rated B (Buy), 70.97% are rated C (Hold), 14.52% are rated D (Sell), and 8.06% 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 15.83x.
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.