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 108th 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
$15.67$29.85-47.50%17.41x4.34x0.68x3.24x0.22x-$168.38M-69.85%$307.14M19.97$1.14B8.62
MNR
MACH NATURAL RESOURCES LP
$13.39$11.6315.15%12.28x8.11x1.50x1.13x0.80x$241.16M13.70%$1.99B15.13$3.37B6.64
REI
RING ENERGY INC
$1.80N/AN/A-10.59x21.35x1.23x0.45xN/A$52.95M14.06%$836.28M3.99$799.24M8.44
SD
SANDRIDGE ENERGY INC
$14.48N/AN/A7.58x9.07x3.41x1.04xN/A$40.97M7.69%$510.87M13.89$420.88M4.05
CRGY
CRESCENT ENERGY CO
$13.10N/AN/A-17.01x6.85x1.13x0.92xN/A$1.52B35.38%$4.68B14.25$9.56B7.75
EOG
EOG RESOURCES INC
$134.69$96.6939.30%13.15x8.90x3.00x2.32x1.11x$4.12B5.75%$30.91B58.10$76.20B6.38
PNRG
PRIMEENERGY RESOURCES CORP
$230.80$148.6255.30%14.56x8.96x2.03x1.73x1.25x$22.43M5.86%$215.69M129.96$366.27M3.38
KRP
KIMBELL ROYALTY PARTNERS LP
$14.59$6.28132.42%23.53x17.26x3.97x2.96x1.71x$22.98M1.73%$531.85M5.86$1.98B9.23
EPM
EVOLUTION PETROLEUM CORP
$4.71N/AN/A58.88x233.17x1.86x2.44xN/A-$8.17M-5.12%$67.54M1.99$215.99M7.05
APA
APA CORP
$38.30$24.2158.19%9.60x6.89x1.49x2.22x4.85x$1.78B12.94%$6.09B16.97$17.51B3.54
NOG
NORTHERN OIL & GAS INC
$24.73N/AN/A-3.90x7.10x1.30x1.47xN/A-$205.11M-8.42%$1.78B18.12$5.13B32.39
SM
SM ENERGY CO
$28.55$50.74-43.73%5.05x4.60x1.04x1.41x0.48x$539.00M16.42%$4.81B41.83$9.15B4.14
OVV
OVINTIV INC
$59.90$55.408.12%12.40x8.11x1.73x1.52x0.70x$1.51B9.77%$11.20B43.53$23.36B7.03
DVN
DEVON ENERGY CORP
$46.60$37.5624.06%12.91x8.56x1.75x1.88x0.88x$2.84B9.80%$15.43B24.83$35.73B5.11
REPX
RILEY EXPLORATION PERMIAN INC
$33.42$54.09-38.21%4.39x6.45x1.80x1.14x0.88x$201.42M28.52%$634.24M30.01$950.75M2.85
DMLP
DORCHESTER MINERALS LP
$26.10$10.24155.00%22.50xN/A8.14x4.13x2.25x$136.37M10.97%$305.24M6.41$1.22B9.84
GPOR
GULFPORT ENERGY CORP
$180.44$209.15-13.73%5.87x7.09x2.01x1.79x1.43x$361.81M10.81%$1.81B97.43$4.10B3.65
WTI
W&T OFFSHORE INC
$3.82N/AN/A-3.78x-34.38x1.13x-2.85xN/A$39.68M7.02%-$199.75M-1.35$778.52M8.93
MGY
MAGNOLIA OIL & GAS CORP
$28.65$17.2366.25%16.56x10.41x4.05x2.75x1.24x$398.79M7.50%$1.94B10.45$5.47B6.32
RRC
RANGE RESOURCES CORP
$41.17$29.5639.30%10.81x9.50x2.80x2.11x1.57x$848.98M8.77%$4.60B19.58$10.68B6.60
CNQ
CANADIAN NATURAL RESOURCES LTD
$45.63$29.9652.32%12.18xN/A3.38x2.95x1.60x$6.03B6.34%$32.15B15.45$106.54B6.27
KGEI
KOLIBRI GLOBAL ENERGY INC
$5.26N/AN/A11.95x14.47x3.25x0.92xN/A-$21.10M-11.31%$203.88M5.75$234.33M5.72
CHRD
CHORD ENERGY CORP
$140.84$45.75207.86%190.32x8.42x1.67x0.99x1.16x$692.72M8.51%$8.08B139.76$9.32B5.20
VIST
VISTA ENERGY SAB DE CV
$68.59$178.22-61.51%9.67xN/A2.49x2.78x0.17x-$692.04M-9.59%$2.60B24.71$10.37B5.06
MXC
MEXCO ENERGY CORP
$9.47N/AN/A15.52xN/A2.80x1.01xN/A$2.13M10.99%$19.26M9.41$17.20M3.88
AR
ANTERO RESOURCES CORP
$36.84$37.35-1.37%11.85x8.32x1.94x1.42x0.61x$951.41M8.36%$8.06B26.10$16.17B7.56
OXY
OCCIDENTAL PETROLEUM CORP
$55.12N/AN/A13.61x12.71x2.70x1.41xN/AN/AN/A$38.93B39.14$66.68BN/A
TALO
TALOS ENERGY INC
$15.05N/AN/A-3.51x-58.81x1.46x1.34xN/A$350.62M13.83%$1.87B11.13$3.29B8.62
MUR
MURPHY OIL CORP
$38.93$20.7787.43%64.88x9.64x2.00x1.09x0.76x$198.65M3.57%$5.10B35.64$7.50B5.84
COP
CONOCOPHILLIPS
$118.90$60.6296.15%20.15x13.17x2.41x2.24x1.42x$5.85B4.02%$64.54B52.73$162.31B6.75
CLMT
CALUMET INC
$34.50N/AN/A-88.46x-48.09x0.72x-4.09xN/A$56.60M1.89%-$732.70M-8.45$5.25B22.03
GFR
GREENFIRE RESOURCES LTD
$5.85$11.00-46.81%12.06x579.21x1.59x0.86x0.24x$26.65M3.62%$857.98M6.84$707.26M4.43
EONR
EON RESOURCES INC
$0.72N/AN/A2.86x-3.34x1.58x0.59xN/A$18.94M69.65%$60.90M1.60$40.24M2.64
WDS
WOODSIDE ENERGY GROUP LTD
$22.42N/AN/A15.63xN/A3.28x1.19xN/A-$15.00M-0.04%$35.91B18.89$50.85B5.42
MTDR
MATADOR RESOURCES CO
$57.76$55.973.20%9.47x8.23x1.95x1.27x0.86x$241.64M3.36%$5.66B45.43$10.50B4.49
AMPY
AMPLIFY ENERGY CORP
$5.54N/AN/A5.38x20.08x0.85x0.50xN/A$489.00k0.22%$458.72M11.36$170.51M1.57
PED
PEDEVCO CORP
$14.76N/AN/A-6.56x10.86x1.49x0.95xN/A-$6.78M-9.95%$207.36M44.93$280.31M16.22
EQT
EQT CORP
$57.36N/AN/A10.78x11.89x3.49x1.43xN/A$4.05B11.30%$25.12B40.18$41.61B5.67
ANNA
ALEANNA INC
$3.11N/AN/A77.75xN/A5.05x5.85xN/A$3.15M2.51%$35.46M0.87$175.95M29.35
PR
PERMIAN RESOURCES CORP
$21.21$14.5845.48%16.19x11.85x3.50x1.73x0.97x$734.09M4.14%$10.28B12.29$21.26B6.02
EXE
EXPAND ENERGY CORP
$96.93N/AN/A7.16x10.64x1.62x1.19xN/A$2.91B12.53%$19.55B81.48$25.89B3.54
DEC
DIVERSIFIED ENERGY CO
$15.35N/AN/A3.29x4.58x0.61x1.19xN/A$280.02M25.00%$984.06M13.49$3.97B4.31
CNX
CNX RESOURCES CORP
$36.55N/AN/A4.38x12.18x1.76x1.12xN/A$557.39M10.78%$4.63B32.70$7.70B3.41
FANG
DIAMONDBACK ENERGY INC
$195.08$58.32234.51%197.05x11.15x3.63x1.50x1.27x-$785.00M-1.42%$36.47B128.98$68.60B11.95
TPL
TEXAS PACIFIC LAND CORP
$419.75$112.07274.54%60.14x43.47x36.26x19.84x1.94x-$3.82M-0.01%$1.46B21.16$28.81B42.77
CRC
CALIFORNIA RESOURCES CORP
$61.46N/AN/A-11.91x12.69x1.90x1.87xN/A$380.00M6.97%$2.92B32.90$6.73B33.47
OBE
OBSIDIAN ENERGY LTD
$12.88N/AN/A34.35xN/A2.13x0.85xN/A$109.49M12.25%$1.02B14.74$1.01B4.72
EPSN
EPSILON ENERGY LTD
$5.95N/AN/A-23.80xN/A2.66x1.44xN/A$8.00M5.83%$124.73M5.42$222.08M30.18
GRNT
GRANITE RIDGE RESOURCES INC
$5.70$5.268.39%31.67x10.87x1.65x1.24x0.46x-$122.67M-16.49%$605.76M4.64$1.12B4.10
INDO
INDONESIA ENERGY CORP LTD
$3.12N/AN/A-8.91xN/A22.77x2.44xN/A-$5.68M-12.40%$19.66M1.34$43.38M-11.19
BSM
BLACK STONE MINERALS LP
$13.57N/AN/A10.69x14.93x6.13x3.99xN/A$190.70M6.62%$773.20M3.64$3.26B9.40
BTE
BAYTEX ENERGY CORP
$4.98N/AN/A-8.68xN/A3.52x2.17xN/A$180.58M4.72%$1.76B2.28$3.20B3.93
EGY
VAALCO ENERGY INC
$6.04N/AN/A-15.10x35.18x1.75x1.42xN/A-$43.22M-6.87%$443.50M4.26$715.33M7.80
BRN
BARNWELL INDUSTRIES INC
$1.11N/AN/A-1.73xN/A0.98x1.71xN/A-$1.59M-12.97%$8.16M0.74$10.41M-2.74
HPK
HIGHPEAK ENERGY INC
$6.18N/AN/A47.54x-67.99x0.90x0.49xN/A-$3.74M-0.49%$1.59B12.73$1.81B3.05
KOS
KOSMOS ENERGY LTD
$2.89N/AN/A-1.72x83.05x1.07x3.33xN/A-$69.75M-4.78%$515.11M1.02$4.45B333.91
VET
VERMILION ENERGY INC
$11.87N/AN/A-3.05xN/A1.37x1.21xN/A$223.01M12.30%$1.50B9.84$2.76B68.11
GTE
GRAN TIERRA ENERGY INC
$8.74N/AN/A-1.60x-4.04x0.52x1.35xN/A$40.79M13.17%$228.74M6.46$933.31M5.76
AGIG
ABUNDIA GLOBAL IMPACT GROUP INC
$1.11N/AN/A-1.23x-7.77x85.38x2.55xN/A-$17.09M-46.85%$19.01M0.58$54.30M-1.90
CRK
COMSTOCK RESOURCES INC
$14.99N/AN/A6.81x18.88x1.90x1.60xN/A-$39.59M-0.91%$2.76B9.47$7.42B4.35
BKV
BKV CORP
$29.85$23.3227.99%15.08x13.10x2.56x1.51x0.81x-$57.46M-2.22%$2.03B23.40$3.34B8.43
BATL
BATTALION OIL CORP
$2.96N/AN/A-1.32xN/A0.29x-1.65xN/A-$35.48M-72.84%-$32.79M-1.99$230.32M2.54
VTS
VITESSE ENERGY INC
$18.50N/AN/A-37.76x36.61x2.69x1.35xN/A$60.91M8.22%$570.45M14.23$913.00M7.31
TXO
TXO PARTNERS LP
$12.37N/AN/A-6.72x33.37x1.98x1.13xN/A-$211.87M-31.09%$604.47M10.97$952.56M38.57
NUAI
NEW ERA ENERGY & DIGITAL INC
$5.00N/AN/A-4.81xN/A161.29x-108.79xN/A-$13.37M-9.40%-$2.61M-0.09$282.67M-11.83
USEG
US ENERGY CORP
$1.01N/AN/A-2.35x-4.95x4.65x1.85xN/A-$19.02M-55.64%$24.20M0.72$47.20M-4.55
NEXT
NEXTDECADE CORP
$7.48N/AN/A-5.58x-2.41xN/A-64.55xN/A-$5.46B-275.79%-$30.71M-0.12$10.99B422.79
EP
EMPIRE PETROLEUM CORP
$2.72N/AN/A-1.28xN/A2.71x-20.92xN/A-$8.56M-9.23%-$4.61M-0.14$111.55M-1.88
TBN
TAMBORAN RESOURCES CORP
$35.25N/AN/A-18.47x-27.70xN/A2.22xN/A-$158.18M-22.41%$358.86M17.92$759.74M-24.09
GLND
GREENLAND ENERGY CO
$2.76N/AN/A-0.07xN/AN/A-460.25xN/A-$226.43k-0.11%-$156.58k-0.00$72.50M-16.94
CTRA
COTERRA ENERGY INC
$32.56$22.5644.30%14.94x11.77x3.21x1.64x1.03x$1.98B7.99%$15.11B19.90$27.75B5.75
GPRK
GEOPARK LTD
$9.41$18.14-48.12%9.80x6.47x0.99x1.98x0.25x-$63.27M-13.01%$245.80M4.75$965.79M3.99
TPET
TRIO PETROLEUM CORP
$0.46N/AN/A-0.77xN/A9.47x1.22xN/A-$3.02M-61.85%$12.19M1.16$14.30M-2.29
CKX
CKX LANDS INC
$10.73$27.78-61.38%7.30xN/A26.17x1.03x0.19x$8.83M40.21%$21.45M10.48$4.02M1.01

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in May 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 B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Infinity Natural Resources (NYSE:INR) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.

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 lose -4.04% over the past year, underperforming other oil and gas stocks by -28 percentage points.

Infinity Natural Resources has an average 1 year price target of $22.33, an upside of 42.52% from Infinity Natural Resources's current stock price of $15.67.

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 B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Mach Natural Resources (NYSE:MNR) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Mach Natural Resources (NYSE:MNR) has a Due Diligence Score of 38, which is 8 points higher than the oil and gas industry average of 30.

MNR passed 14 out of 38 due diligence checks and has average fundamentals. Mach Natural Resources has seen its stock return 0.3% over the past year, underperforming other oil and gas stocks by -23 percentage points.

Mach Natural Resources has an average 1 year price target of $16.00, an upside of 19.49% from Mach Natural Resources's current stock price of $13.39.

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. 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: C, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: A.

Ring Energy (NYSEMKT:REI) has a Due Diligence Score of 13, which is -17 points lower than the oil and gas industry average of 30. Although this number is below the industry average, our proven quant model rates REI as a "B".

REI passed 4 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock return 109.3% over the past year, overperforming other oil and gas stocks by 86 percentage points.

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 14.71%, which is 11 percentage points higher than the oil and gas industry average of 4.15%.

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 13.82%, which is 10 percentage points higher than the oil and gas industry average of 4.15%.

Txo Partners's dividend payout ratio of -92.9% 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 11.49%, which is 7 percentage points higher than the oil and gas industry average of 4.15%.

Vitesse Energy's dividend payout ratio of -434% 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 -4.99% in the last day, and down -4.47% over the last week. Battalion Oil was the among the top losers in the oil & gas e&p industry, dropping -14.7% yesterday.

Shares of oil and gas-related companies are trading lower after reports suggesting that the U.S. and Iran are working towards agreement that includes a moratorium on Iranian uranium enrichment, lifting of sanctions and opening the Strait of Hormuz.

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 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 31.83% in the past year. It has overperformed other stocks in the oil and gas industry by 8 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 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.

Sm Energy Co's stock has gained 32.67% in the past year. It has overperformed other stocks in the oil and gas industry by 9 percentage points.

3. Apa (NASDAQ:APA)


Apa (NASDAQ:APA) 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.

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 143.48% in the past year. It has overperformed other stocks in the oil and gas industry by 120 percentage points.

Are oil and gas stocks a good buy now?

47.92% 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 20.14% over the next year.

0% of oil and gas stocks have a Zen Rating of A (Strong Buy), 8.7% of oil and gas stocks are rated B (Buy), 68.12% are rated C (Hold), 17.39% are rated D (Sell), and 5.8% 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 29.7x.
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.