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 +28.50% per year, and are the best oil and gas stocks to buy now. Learn More.

Industry: Oil & Gas E&P
A
Oil and Gas is Zen Rated A and is the 21st 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
VET
VERMILION ENERGY INC
$11.60N/AN/A-5.60xN/A1.33x1.15xN/A$242.32M13.64%$1.54B10.08$2.68B9.01
CRGY
CRESCENT ENERGY CO
$13.27$5.85126.85%120.64x5.42x1.02x0.85x0.72x$1.60B36.56%$5.15B15.60$9.29B5.20
PR
PERMIAN RESOURCES CORP
$21.93$12.0681.90%14.15x10.16x3.20x1.53x1.26x$1.09B5.92%$12.01B14.33$21.37B5.43
TALO
TALOS ENERGY INC
$16.64N/AN/A-7.11x16.70x1.40x1.37xN/A$346.85M12.48%$2.03B12.17$3.37B4.43
SM
SM ENERGY CO
$35.06$47.30-25.88%6.87x4.69x1.52x1.07x0.42x$1.65B19.75%$7.81B32.69$14.76B4.47
REPX
RILEY EXPLORATION PERMIAN INC
$41.06$47.99-14.44%7.33x6.07x1.78x1.44x0.52x$173.24M20.15%$633.35M30.25$1.16B4.00
TXO
TXO PARTNERS LP
$13.80N/AN/A-18.65x-170.79x1.88x1.18xN/A-$69.39M-9.07%$648.05M11.69$927.78M10.21
OVV
OVINTIV INC
$59.98$45.5531.69%16.90x7.99x1.72x1.44x0.59x$2.27B13.49%$11.50B41.07$20.74B7.35
REI
RING ENERGY INC
$1.32N/AN/A-1.21x5.03x1.06x0.46xN/A$36.31M10.53%$753.42M2.89$706.56M-5.80
MTDR
MATADOR RESOURCES CO
$52.96$44.0120.32%9.08x6.62x1.80x1.11x0.87x-$583.76M-8.88%$5.93B47.75$10.68B4.64
GTE
GRAN TIERRA ENERGY INC
$10.01N/AN/A-1.38x-2.48x0.55x2.68xN/A$272.42M76.94%$132.23M3.74$824.96M8.85
OXY
OCCIDENTAL PETROLEUM CORP
$57.84N/AN/A8.79x9.27x2.60x1.39xN/A$5.29B9.14%$41.75B41.76$67.41B3.96
KGEI
KOLIBRI GLOBAL ENERGY INC
$6.12N/AN/A11.33x16.83x3.04x1.01xN/A-$12.33M-5.64%$217.77M6.09$262.67M5.31
KRP
KIMBELL ROYALTY PARTNERS LP
$14.46$5.98141.73%17.21x16.55x4.08x2.88x1.92x$193.17M13.87%$575.85M5.98$2.10B8.85
GPRK
GEOPARK LTD
$10.41$12.03-13.48%6.99x6.34x1.33x1.85x0.57x$114.94M17.07%$364.51M5.64$1.02B3.75
CHRD
CHORD ENERGY CORP
$136.85N/AN/A9.17x6.71x1.21x0.90xN/A$1.19B15.51%$8.36B149.21$8.38B3.10
COP
CONOCOPHILLIPS
$127.06$51.06148.84%16.78x12.26x2.36x2.34x2.19x$10.06B6.53%$65.35B53.85$169.36B6.22
GRNT
GRANITE RIDGE RESOURCES INC
$4.40N/AN/A-20.00x10.11x1.16x1.03xN/A-$100.89M-17.52%$562.37M4.30$998.38M4.49
DMLP
DORCHESTER MINERALS LP
$28.60$11.40150.81%16.25xN/A7.18x4.62x2.41x$162.56M11.78%$303.68M6.29$1.34B7.00
KOS
KOSMOS ENERGY LTD
$2.58N/AN/A-2.17x27.39x0.96x2.18xN/A-$15.82M-1.05%$704.90M1.19$4.05B12.34
MGY
MAGNOLIA OIL & GAS CORP
$24.07$18.7628.29%10.56x7.90x3.00x2.66x0.82x$557.58M12.55%$2.15B11.63$5.80B5.75
FANG
DIAMONDBACK ENERGY INC
$185.51$104.3177.85%35.27x8.76x3.05x1.37x0.67x$3.68B7.06%$37.90B134.78$64.10B8.77
CNQ
CANADIAN NATURAL RESOURCES LTD
$47.79$37.9625.89%11.87xN/A3.13x2.98x0.70x$6.89B6.92%$33.40B16.01$110.04B6.08
EOG
EOG RESOURCES INC
$141.31$72.9393.75%10.92x8.28x2.75x2.33x2.85x$6.77B9.11%$31.86B60.58$77.46B5.57
MNR
MACH NATURAL RESOURCES LP
$10.29$8.8516.28%17.15x9.46x1.28x0.93x0.48x$250.20M14.51%$1.84B11.01$2.87B5.21
APA
APA CORP
$43.34N/AN/A9.16x7.24x1.78x2.16xN/A$2.10B13.74%$7.02B19.89$18.48B3.55
NOG
NORTHERN OIL & GAS INC
$23.52N/AN/A-4.59x6.07x1.30x1.26xN/A-$294.16M-11.81%$2.00B18.85$5.18B16.13
DVN
DEVON ENERGY CORP
$47.16$32.1946.49%11.15x8.84x2.64x1.24x1.04x$1.61B3.10%$41.75B37.95$62.61B7.16
PED
PEDEVCO CORP
$13.12N/AN/A-3.43x-41.90x1.50x0.87xN/A-$3.38M-1.94%$200.05M15.04$247.36M8.08
SD
SANDRIDGE ENERGY INC
$13.56N/AN/A6.00x6.18x2.78x0.93xN/A$37.36M7.46%$542.68M14.70$388.05M3.22
MUR
MURPHY OIL CORP
$37.47$17.14118.59%18.19x11.30x1.78x1.02x1.38x$327.00M6.09%$5.26B36.69$7.15B4.54
BTE
BAYTEX ENERGY CORP
$4.56N/AN/A-6.94xN/A4.95x2.10xN/A$215.44M6.56%$1.54B2.13$2.82B8.04
CRC
CALIFORNIA RESOURCES CORP
$51.66N/AN/A-39.74x12.45x1.44x1.35xN/A$385.00M8.39%$3.40B38.31$5.81B13.74
OBE
OBSIDIAN ENERGY LTD
$10.44N/AN/A34.01xN/A1.68x0.70xN/A-$131.55M-18.86%$999.21M14.96$964.30M5.05
EPSN
EPSILON ENERGY LTD
$5.87N/AN/A-24.46xN/A2.62x1.37xN/A$18.84M10.61%$129.91M4.30$207.57M21.27
VIST
VISTA ENERGY SAB DE CV
$64.63$110.60-41.57%8.19xN/A2.00x2.11x0.25x$301.15M4.28%$3.34B30.63$10.19B4.39
EPM
EVOLUTION PETROLEUM CORP
$3.57N/AN/A-44.63x111.21x1.42x2.37xN/A-$3.66M-3.00%$60.40M1.76$194.13M8.27
WDS
WOODSIDE ENERGY GROUP LTD
$21.80N/AN/A15.20xN/A3.19x1.15xN/A-$15.00M-0.04%$35.91B18.89$49.67B5.30
HPK
HIGHPEAK ENERGY INC
$7.94N/AN/A-10.45x-11.07x1.11x0.65xN/A$10.48M1.06%$1.55B12.38$2.05B4.34
PNRG
PRIMEENERGY RESOURCES CORP
$201.42N/AN/A13.22x14.26x1.81x1.46xN/A$50.00M15.43%$218.43M135.77$290.58M3.00
BSM
BLACK STONE MINERALS LP
$14.48N/AN/A11.97x15.53x6.70x4.05xN/A$192.02M6.24%$812.99M3.82$3.49B10.42
TPL
TEXAS PACIFIC LAND CORP
$336.46$71.95367.64%42.92x35.80x25.86x13.88x2.67x-$69.16M-0.30%$1.67B24.25$22.97B30.45
BATL
BATTALION OIL CORP
$1.05N/AN/A-0.21xN/A0.17x0.30xN/A$57.81M208.29%$203.14M7.69$130.69M3.95
WTI
W&T OFFSHORE INC
$3.63N/AN/A-4.97x-17.11x0.97x-2.79xN/A$37.82M6.97%-$196.20M-1.31$748.82M5.74
GFR
GREENFIRE RESOURCES LTD
$5.59N/AN/A-19.08x553.47x1.92x0.86xN/A-$23.29M-3.33%$818.60M6.53$721.96M11.58
INR
INFINITY NATURAL RESOURCES INC
$12.73$24.50-48.04%4.12x3.96x0.46x2.02x0.35x-$177.10M-74.35%$398.95M21.32$1.32B5.80
DEC
DIVERSIFIED ENERGY CO
$13.43N/AN/A2.12x4.01x0.52x1.00xN/A$310.80M31.37%$950.69M12.89$3.81B3.18
CLMT
CALUMET INC
$53.72N/AN/A-34.66x-21.37x1.02x-4.15xN/A$73.50M1.56%-$1.14B-12.98$6.83B44.97
RRC
RANGE RESOURCES CORP
$37.60$22.9563.83%10.30x9.10x2.57x1.87x1.69x$716.98M8.12%$4.71B20.06$9.80B6.31
EGY
VAALCO ENERGY INC
$5.80N/AN/A-5.47x-13.37x1.73x1.60xN/A-$133.97M-22.10%$380.34M3.64$839.73M50.13
CNX
CNX RESOURCES CORP
$31.52N/AN/A4.70x9.95x1.79x0.96xN/A$525.98M11.28%$4.84B32.74$7.03B3.73
EXE
EXPAND ENERGY CORP
$85.96N/AN/A7.38x9.57x1.51x1.03xN/A$2.58B12.57%$19.41B81.48$22.82B3.41
VTS
VITESSE ENERGY INC
$16.77N/AN/A-52.41x166.04x2.48x1.13xN/A$35.38M5.02%$623.92M14.84$863.71M6.60
GPOR
GULFPORT ENERGY CORP
$153.35$196.99-22.15%5.81x6.44x1.78x1.48x0.57x$250.15M9.12%$1.83B102.11$3.65B3.65
AR
ANTERO RESOURCES CORP
$34.03$31.896.72%9.70x7.70x1.72x1.26x0.61x$765.60M7.26%$8.32B26.85$15.08B6.42
AMPY
AMPLIFY ENERGY CORP
$4.38$9.34-53.11%8.94x-9.23x0.85x0.41x0.18x-$38.58M-21.32%$439.09M10.63$165.30M2.41
ANNA
ALEANNA INC
$2.64$3.15-16.18%13.89xN/A2.70x2.67x0.33x$10.27M9.51%$40.44M0.99$74.35M5.95
INDO
INDONESIA ENERGY CORP LTD
$2.69N/AN/A-9.61xN/A14.94x2.06xN/A-$5.26M-12.94%$20.12M1.33$36.33MN/A
BSIN
BIG SKY INDUSTRIAL INC
$1.43N/AN/A-5.11x-6.75x10.92x2.03xN/A-$21.73M-29.02%$37.04M0.71$73.89M-9.59
EQT
EQT CORP
$50.09$26.5688.59%11.51x12.24x3.29x1.24x2.11x$3.76B11.99%$25.26B40.35$36.93B5.55
GLND
GREENLAND ENERGY CO
$4.40N/AN/AN/AN/AN/A2.91xN/AN/AN/A$66.20M1.73$154.99MN/A
TPET
TRIO PETROLEUM CORP
$1.63N/AN/A-0.59xN/A9.64x0.24xN/A-$3.24M-39.33%$36.49M7.22-$15.61M2.30
BKV
BKV CORP
$21.54N/AN/A7.75x13.12x1.56x1.06xN/A-$195.21M-8.28%$2.22B20.30$3.27B5.46
NEXT
NEXTDECADE CORP
$6.31N/AN/A-4.64x-2.53xN/A-29.32xN/A-$5.73B-342.46%-$57.28M-0.22$11.72B114.58
CRK
COMSTOCK RESOURCES INC
$12.84N/AN/A7.21x31.25x1.72x1.46xN/A-$287.96M-7.69%$2.58B8.84$6.90B4.75
TBN
TAMBORAN RESOURCES CORP
$33.18N/AN/A-28.58x-114.93xN/A1.46xN/A-$184.33M-24.73%$796.22M35.44$1.01B-35.29
NUAI
NEW ERA ENERGY & DIGITAL INC
$6.37N/AN/A-6.31x-12.01x707.78x4.90xN/A-$24.86M-3.97%$138.58M1.41$609.13M-12.58
EONR
EON RESOURCES INC
$0.50N/AN/A-1.56x-2.33x0.92x0.55xN/A$17.62M113.00%$50.36M1.61$31.42M9.19
AGIG
ABUNDIA GLOBAL IMPACT GROUP INC
$0.96N/AN/A-0.92x-2.78x16.91x1.50xN/A-$22.38M-52.80%$28.45M0.65$42.82M-1.22
CKX
CKX LANDS INC
$10.52$16.09-34.63%7.41xN/A31.12x1.00x0.31x$7.91M36.63%$21.62M10.53$4.05M1.08
MXC
MEXCO ENERGY CORP
$9.97$5.4682.72%13.12xN/A3.03x1.00x1.43x-$675.11k-3.31%$20.32M9.93$19.17M4.26
EP
EMPIRE PETROLEUM CORP
$2.44N/AN/A-1.18xN/A3.24x13.87xN/A-$11.53M-11.43%$7.32M0.18$114.36M-1.89
BRN
BARNWELL INDUSTRIES INC
$0.94N/AN/A-1.92xN/A1.15x1.53xN/A-$1.66M-12.33%$8.87M0.62$9.17M-2.94
PROP
PRAIRIE OPERATING CO
$0.40N/AN/A-0.74x0.86x0.12x0.20xN/A$419.79M986.90%$222.97M2.08$485.30M7.81

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Oct 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. Vermilion Energy (NYSE:VET)


Vermilion Energy (NYSE:VET) 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 +28.5% per year. Learn more.

The Component Grade breakdown for Vermilion Energy (NYSE:VET) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.

Vermilion Energy (NYSE:VET) has a Due Diligence Score of 15, which is -16 points lower than the oil and gas industry average of 31. Although this number is below the industry average, our proven quant model rates VET as a "A".

VET passed 5 out of 38 due diligence checks and has weak fundamentals. Vermilion Energy has seen its stock return 44.46% over the past year, overperforming other oil and gas stocks by 31 percentage points.

2. Crescent Energy Co (NYSE:CRGY)


Crescent Energy Co (NYSE:CRGY) 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 +28.5% per year. Learn more.

The Component Grade breakdown for Crescent Energy Co (NYSE:CRGY) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.

Crescent Energy Co (NYSE:CRGY) has a Due Diligence Score of 31, which is equal to the oil and gas industry average of 31.

CRGY passed 12 out of 38 due diligence checks and has average fundamentals. Crescent Energy Co has seen its stock return 47.28% over the past year, overperforming other oil and gas stocks by 34 percentage points.

Crescent Energy Co has an average 1 year price target of $17.90, an upside of 34.89% from Crescent Energy Co's current stock price of $13.27.

Crescent Energy Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Crescent Energy Co, 80% have issued a Strong Buy rating, 0% have issued a Buy, 10% have issued a hold, while 10% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Permian Resources (NYSE:PR)


Permian Resources (NYSE:PR) is the #3 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 +28.5% per year. Learn more.

The Component Grade breakdown for Permian Resources (NYSE:PR) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: B.

Permian Resources (NYSE:PR) has a Due Diligence Score of 37, which is 6 points higher than the oil and gas industry average of 31.

PR passed 14 out of 38 due diligence checks and has average fundamentals. Permian Resources has seen its stock return 71.19% over the past year, overperforming other oil and gas stocks by 57 percentage points.

Permian Resources has an average 1 year price target of $26.00, an upside of 18.56% from Permian Resources's current stock price of $21.93.

Permian Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Permian Resources, 57.14% have issued a Strong Buy rating, 35.71% have issued a Buy, 7.14% 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 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 17.49%, which is 13 percentage points higher than the oil and gas industry average of 4.59%.

Mach Natural Resources's dividend payout ratio of 303.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Evolution Petroleum (NYSEMKT:EPM)


Evolution Petroleum (NYSEMKT:EPM) has an annual dividend yield of 13.45%, which is 9 percentage points higher than the oil and gas industry average of 4.59%. 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 -600% 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 11.2%, which is 7 percentage points higher than the oil and gas industry average of 4.59%.

Vitesse Energy's dividend payout ratio of -626.1% 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 1.99% in the last day, and down -2.55% over the last week. Occidental Petroleum was the among the top gainers in the oil & gas e&p industry, gaining 4.56% yesterday.

Occidental Petroleum shares are trading higher after Goldman Sachs upgraded its rating on the stock from Neutral to Buy and raised its price target from $63 to $69.

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 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 37.81% in the past year. It has overperformed other stocks in the oil and gas industry by 24 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 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 50.13% in the past year. It has overperformed other stocks in the oil and gas industry by 36 percentage points.

3. Vista Energy Sab De CV (NYSE:VIST)


Vista Energy Sab De CV (NYSE:VIST) 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.

Vista Energy Sab De CV 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.

Vista Energy Sab De CV's stock has gained 91.72% in the past year. It has overperformed other stocks in the oil and gas industry by 78 percentage points.

Are oil and gas stocks a good buy now?

54.35% 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 23.01% over the next year.

16.18% of oil and gas stocks have a Zen Rating of A (Strong Buy), 26.47% of oil and gas stocks are rated B (Buy), 42.65% are rated C (Hold), 10.29% 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 14.29x.
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.