Sectors & Industries EnergyOil & 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

Overview Zen Rating Price Value Growth Financials

Momentum Sentiment Forecast Dividends Due Diligence

Oil and Gas is Zen Rated A and is the 20th ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
TALO	TALOS ENERGY INC	$3.04B	-19.20%	-7.40%	-7.11%	-6.10%	1.67	1.61	71.40%	-20.50%	-17.08%
REI	RING ENERGY INC	$359.54M	-28.80%	-16.40%	-18.11%	-12.90%	0.70	0.54	68.80%	-68.00%	-65.35%
VET	VERMILION ENERGY INC	$2.08B	-19.50%	-8.00%	-7.67%	-6.00%	1.54	1.00	62.10%	-23.80%	-20.12%
PR	PERMIAN RESOURCES CORP	$21.32B	11.30%	6.90%	11.22%	9.50%	0.54	0.62	83.40%	21.50%	32.35%
TXO	TXO PARTNERS LP	$792.88M	-5.60%	-2.80%	-1.42%	-1.10%	0.93	1.05	34.70%	-9.20%	-3.79%
REPX	RILEY EXPLORATION PERMIAN INC	$1.16B	19.90%	9.90%	17.77%	14.50%	1.01	0.45	71.00%	24.50%	38.14%
CRGY	CRESCENT ENERGY CO	$4.52B	1.10%	0.50%	4.50%	3.30%	1.33	0.95	62.20%	1.30%	11.32%
CHRD	CHORD ENERGY CORP	$8.39B	10.40%	6.40%	9.76%	9.10%	0.64	1.22	45.40%	13.40%	18.46%
SM	SM ENERGY CO	$9.29B	16.50%	7.10%	10.37%	10.00%	1.41	0.62	74.20%	18.20%	29.74%
OVV	OVINTIV INC	$19.60B	8.30%	4.50%	3.89%	3.10%	0.68	1.01	53.40%	9.40%	6.80%
OXY	OCCIDENTAL PETROLEUM CORP	$62.71B	17.20%	8.00%	13.40%	10.90%	0.91	1.41	40.40%	29.60%	43.72%
KOS	KOSMOS ENERGY LTD	$1.65B	-81.90%	-11.50%	-5.65%	-3.00%	5.12	0.59	61.90%	-34.00%	-12.92%
COP	CONOCOPHILLIPS	$177.75B	14.30%	7.60%	13.79%	12.10%	0.90	1.54	44.20%	14.20%	23.61%
OBE	OBSIDIAN ENERGY LTD	$764.42M	2.00%	1.50%	3.94%	3.70%	0.46	0.78	61.90%	4.80%	12.71%
NOG	NORTHERN OIL & GAS INC	$3.00B	-23.90%	-8.70%	-9.08%	-6.40%	1.92	0.80	66.70%	-25.40%	-24.62%
KRP	KIMBELL ROYALTY PARTNERS LP	$1.93B	14.50%	6.30%	8.70%	6.90%	0.86	7.30	93.10%	23.00%	33.46%
DMLP	DORCHESTER MINERALS LP	$1.49B	27.50%	26.90%	28.48%	33.10%	0.03	13.85	90.10%	43.90%	45.45%
FANG	DIAMONDBACK ENERGY INC	$57.26B	3.90%	2.00%	3.20%	2.50%	0.69	0.47	68.00%	8.60%	12.08%
APA	APA CORP	$17.79B	26.30%	9.40%	19.43%	15.70%	1.43	0.95	46.20%	19.50%	35.12%
MTDR	MATADOR RESOURCES CO	$7.33B	12.80%	5.90%	9.05%	7.50%	1.22	0.65	82.30%	19.90%	29.66%
MNR	MACH NATURAL RESOURCES LP	$1.77B	5.30%	2.70%	5.79%	4.30%	0.99	0.88	51.80%	7.40%	14.18%
DVN	DEVON ENERGY CORP	$56.35B	14.90%	7.90%	7.29%	10.60%	0.70	0.72	47.60%	16.70%	23.65%
CNQ	CANADIAN NATURAL RESOURCES LTD	$112.77B	26.70%	12.80%	18.59%	16.10%	1.06	1.00	51.60%	26.30%	35.47%
GTE	GRAN TIERRA ENERGY INC	$407.58M	-122.50%	-15.90%	-16.99%	-10.40%	10.83	0.48	59.20%	-40.10%	-28.49%
GPRK	GEOPARK LTD	$724.45M	29.20%	7.10%	17.12%	12.50%	2.54	1.17	67.70%	16.00%	31.39%
KGEI	KOLIBRI GLOBAL ENERGY INC	$251.85M	9.30%	6.60%	10.58%	9.40%	0.42	0.46	83.90%	26.90%	41.44%
EOG	EOG RESOURCES INC	$84.50B	22.40%	13.00%	18.32%	17.30%	0.72	1.85	62.90%	25.40%	33.52%
GRNT	GRANITE RIDGE RESOURCES INC	$770.30M	-4.70%	-2.30%	0.07%	0.10%	1.20	1.02	72.10%	-5.60%	0.15%
MUR	MURPHY OIL CORP	$6.19B	5.70%	2.90%	5.88%	5.00%	0.93	0.85	72.80%	9.70%	17.66%
BTE	BAYTEX ENERGY CORP	$3.84B	-26.40%	-16.50%	-13.56%	-9.80%	0.47	2.82	44.50%	-77.00%	-41.17%
PED	PEDEVCO CORP	$207.07M	-9.60%	-5.50%	-0.97%	-0.90%	0.80	0.79	60.80%	-14.60%	-2.57%
MGY	MAGNOLIA OIL & GAS CORP	$6.25B	21.10%	14.30%	19.59%	19.60%	0.46	1.58	82.20%	28.80%	37.49%
WTI	W&T OFFSHORE INC	$626.41M	N/A	-11.30%	-1.76%	-1.40%	-5.89	1.17	43.30%	-19.30%	-2.31%
HPK	HIGHPEAK ENERGY INC	$1.35B	-5.70%	-2.80%	1.20%	0.90%	1.05	0.87	69.70%	-9.90%	3.85%
VIST	VISTA ENERGY SAB DE CV	$7.79B	30.60%	10.80%	17.92%	15.00%	1.73	0.69	82.60%	23.60%	39.13%
SD	SANDRIDGE ENERGY INC	$539.82M	16.00%	12.80%	12.14%	15.60%	0.23	2.62	71.90%	46.10%	41.13%
EPSN	EPSILON ENERGY LTD	$191.70M	-2.90%	-1.70%	-0.77%	-0.80%	0.82	0.96	65.80%	-5.20%	-2.28%
CRC	CALIFORNIA RESOURCES CORP	$4.81B	-3.60%	-1.70%	-1.54%	-1.30%	1.09	0.66	49.50%	-3.80%	-2.91%
EPM	EVOLUTION PETROLEUM CORP	$160.29M	-3.80%	-1.40%	0.48%	0.40%	1.79	0.92	41.70%	-2.80%	0.81%
WDS	WOODSIDE ENERGY GROUP LTD	$44.03B	7.60%	4.30%	6.76%	6.70%	0.74	1.59	34.90%	20.90%	31.80%
BSM	BLACK STONE MINERALS LP	$3.37B	31.40%	19.10%	22.06%	20.40%	0.31	3.76	90.40%	55.30%	64.42%
BATL	BATTALION OIL CORP	$48.92M	-108.40%	-18.50%	-4.33%	-3.30%	1.13	2.19	70.90%	-51.10%	-10.17%
GFR	GREENFIRE RESOURCES LTD	$850.41M	-3.40%	-2.80%	0.78%	0.80%	0.14	0.96	22.70%	-7.20%	1.83%
PNRG	PRIMEENERGY RESOURCES CORP	$348.85M	11.50%	7.70%	10.51%	11.00%	0.44	1.49	65.10%	13.90%	16.58%
CLMT	CALUMET INC	$4.39B	N/A	-5.00%	-4.07%	-1.60%	-3.24	0.84	6.60%	-3.00%	-1.40%
EGY	VAALCO ENERGY INC	$672.18M	-26.00%	-11.60%	-11.39%	-9.70%	1.55	0.44	58.00%	-31.10%	-24.91%
INR	INFINITY NATURAL RESOURCES INC	$937.38M	21.10%	3.70%	4.42%	4.90%	1.85	0.87	77.10%	11.80%	16.93%
DEC	DIVERSIFIED ENERGY CO	$1.03B	55.40%	7.80%	14.33%	9.50%	5.42	0.57	65.20%	24.40%	38.97%
TPL	TEXAS PACIFIC LAND CORP	$22.79B	35.80%	32.00%	38.91%	53.00%	0.11	4.55	85.60%	60.30%	76.53%
VTS	VITESSE ENERGY INC	$772.19M	-1.80%	-1.20%	-0.39%	-0.30%	0.48	1.06	66.60%	-4.00%	-1.20%
RRC	RANGE RESOURCES CORP	$13.18B	19.30%	11.90%	17.33%	15.30%	0.57	0.74	53.90%	25.20%	34.43%
EXE	EXPAND ENERGY CORP	$21.85B	14.30%	9.50%	13.91%	12.70%	0.53	0.90	51.30%	19.80%	26.31%
FTW	PRESIDIO PRODUCTION CO	$319.21M	N/A	N/A	N/A	N/A	3.35	1.18	N/A	N/A	N/A
AMPY	AMPLIFY ENERGY CORP	$179.09M	4.60%	3.10%	8.33%	7.70%	0.31	1.31	43.50%	9.20%	20.56%
ANNA	ALEANNA INC	$100.71M	21.40%	7.70%	9.15%	15.40%	1.02	1.90	66.60%	19.80%	19.56%
AR	ANTERO RESOURCES CORP	$12.94B	13.90%	7.60%	11.38%	9.20%	0.83	0.40	45.40%	17.70%	25.06%
GPOR	GULFPORT ENERGY CORP	$3.00B	26.70%	16.00%	24.67%	19.50%	0.74	0.58	70.40%	31.70%	44.70%
INDO	INDONESIA ENERGY CORP LTD	$39.85M	-19.80%	-17.40%	-19.60%	-26.00%	0.13	5.49	8.70%	-152.70%	-152.72%
CNX	CNX RESOURCES CORP	$5.71B	21.20%	10.50%	15.57%	12.80%	0.89	0.72	78.30%	36.50%	50.78%
BSIN	BIG SKY INDUSTRIAL INC	$82.94M	-34.20%	-21.50%	-21.20%	-25.60%	0.51	1.21	34.00%	-155.30%	-152.50%
EQT	EQT CORP	$35.20B	11.10%	6.50%	10.00%	9.00%	0.49	0.67	76.80%	28.40%	41.48%
TBN	TAMBORAN RESOURCES CORP	$1.09B	-5.70%	-3.60%	-2.71%	-4.70%	0.23	2.61	N/A	N/A	N/A
TPET	TRIO PETROLEUM CORP	$8.84M	-29.90%	-28.00%	-18.52%	-56.90%	0.04	20.55	18.80%	-830.20%	-798.43%
GLND	GREENLAND ENERGY CO	$145.62M	N/A	N/A	N/A	N/A	0.02	27.94	N/A	N/A	N/A
CRK	COMSTOCK RESOURCES INC	$4.37B	19.70%	7.10%	12.16%	9.00%	1.69	0.48	62.60%	23.30%	38.05%
BKV	BKV CORP	$2.34B	13.10%	7.40%	10.68%	10.50%	0.83	1.15	57.90%	17.70%	27.19%
NEXT	NEXTDECADE CORP	$1.72B	-886.30%	-2.80%	0.68%	0.50%	-216.28	0.37	N/A	N/A	N/A
NUAI	NEW ERA ENERGY & DIGITAL INC	$346.32M	-135.70%	-72.20%	-29.50%	-107.60%	0.26	14.21	-26.30%	-5,985.70%	-5,514.78%
EONR	EON RESOURCES INC	$22.94M	-21.60%	-12.60%	-11.88%	-10.50%	0.84	0.16	11.80%	-74.10%	-49.32%
BRN	BARNWELL INDUSTRIES INC	$12.75M	-67.70%	-25.50%	-30.24%	-40.30%	1.42	1.90	28.40%	-46.70%	-46.87%
MXC	MEXCO ENERGY CORP	$21.05M	8.00%	7.40%	9.41%	10.90%	0.09	6.16	78.70%	23.30%	30.31%
EP	EMPIRE PETROLEUM CORP	$129.31M	-474.80%	-82.00%	-131.92%	-96.30%	10.08	0.42	16.00%	-229.60%	-224.03%
AGIG	ABUNDIA GLOBAL IMPACT GROUP INC	$41.77M	-145.10%	-93.10%	-123.47%	-264.70%	0.71	0.59	31.90%	-1,441.40%	-1,413.94%
CKX	CKX LANDS INC	$21.56M	14.00%	13.60%	17.29%	64.60%	0.01	124.62	95.40%	419.80%	542.06%
PROP	PRAIRIE OPERATING CO	$40.72M	3.00%	0.40%	-0.64%	-0.40%	3.31	0.25	71.80%	1.00%	-1.56%

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. Talos Energy (NYSE:TALO)

Talos Energy (NYSE:TALO) is the #1 top oil and gas stock out of 75 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 Talos Energy (NYSE:TALO) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: A.

Talos Energy (NYSE:TALO) has a Due Diligence Score of 20, which is -11 points lower than the oil and gas industry average of 31. Although this number is below the industry average, our proven quant model rates TALO as a "A".

TALO passed 6 out of 33 due diligence checks and has weak fundamentals. Talos Energy has seen its stock return 86.76% over the past year, overperforming other oil and gas stocks by 56 percentage points.

Talos Energy has an average 1 year price target of $19.33, an upside of 6.28% from Talos Energy's current stock price of $18.19.

Talos Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Talos Energy, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) is the #2 top oil and gas stock out of 75 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 Ring Energy (NYSEMKT:REI) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.

Ring Energy (NYSEMKT:REI) has a Due Diligence Score of 13, which is -18 points lower than the oil and gas industry average of 31. Although this number is below the industry average, our proven quant model rates REI as a "A".

REI passed 4 out of 33 due diligence checks and has weak fundamentals. Ring Energy has seen its stock return 38% over the past year, overperforming other oil and gas stocks by 7 percentage points.

Ring Energy has an average 1 year price target of $2.00, an upside of 44.93% from Ring Energy's current stock price of $1.38.

Ring Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ring 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.

3. Vermilion Energy (NYSE:VET)

Vermilion Energy (NYSE:VET) is the #3 top oil and gas stock out of 75 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: C, Safety: C, Financials: C, and AI: A.

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 82.44% over the past year, overperforming other oil and gas stocks by 52 percentage points.

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 16.95%, which is 13 percentage points higher than the oil and gas industry average of 4.11%.

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 12.03%, which is 8 percentage points higher than the oil and gas industry average of 4.11%. 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. Dorchester Minerals (NASDAQ:DMLP)

Dorchester Minerals (NASDAQ:DMLP) has an annual dividend yield of 10.51%, which is 6 percentage points higher than the oil and gas industry average of 4.11%. Dorchester Minerals's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Dorchester Minerals's dividend has shown consistent growth over the last 10 years.

Dorchester Minerals's dividend payout ratio of 181.7% 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 -0.59% in the last day, and up 1.75% over the last week. Calumet was the among the top losers in the oil & gas e&p industry, dropping -4.37% yesterday.

Shares of oil and gas-related companies are trading lower as crude prices decline amid a renewed diplomatic push to de-escalate tensions in the Middle East. Comments from Iran’s Supreme Leader on conditions for de-escalation, along with talks between Iran, Saudi Arabia, Turkey and Pakistan in Qatar, have raised hopes for improved regional security and the resumption of energy transport.

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 85.25% in the past year. It has overperformed other stocks in the oil and gas industry by 55 percentage points.

2. Chord Energy (NASDAQ:CHRD)

Chord Energy (NASDAQ:CHRD) 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.

Chord Energy 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.

Chord Energy's stock has gained 64.46% in the past year. It has overperformed other stocks in the oil and gas industry by 34 percentage points.

3. Riley Exploration Permian (NYSEMKT:REPX)

Riley Exploration Permian (NYSEMKT:REPX) 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.

Riley Exploration Permian 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.

Riley Exploration Permian's stock has gained 98.45% in the past year. It has overperformed other stocks in the oil and gas industry by 68 percentage points.

Are oil and gas stocks a good buy now?

57.45% 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 11.85% over the next year.

16.18% of oil and gas stocks have a Zen Rating of A (Strong Buy), 29.41% of oil and gas stocks are rated B (Buy), 41.18% are rated C (Hold), 7.35% are rated D (Sell), and 5.88% 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 15.91x.

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.

Sectors & Industries EnergyOil & 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.

Oil and Gas Stocks FAQ

1. Talos Energy (NYSE:TALO)

2. Ring Energy (NYSEMKT:REI)

3. Vermilion Energy (NYSE:VET)

1. Mach Natural Resources (NYSE:MNR)

2. Evolution Petroleum (NYSEMKT:EPM)

3. Dorchester Minerals (NASDAQ:DMLP)

1. Sm Energy Co (NYSE:SM)

2. Chord Energy (NASDAQ:CHRD)

3. Riley Exploration Permian (NYSEMKT:REPX)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesEnergyOil & Gas E&PBest 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.

Oil and Gas Stocks FAQ

1. Talos Energy (NYSE:TALO)

2. Ring Energy (NYSEMKT:REI)

3. Vermilion Energy (NYSE:VET)

1. Mach Natural Resources (NYSE:MNR)

2. Evolution Petroleum (NYSEMKT:EPM)

3. Dorchester Minerals (NASDAQ:DMLP)

1. Sm Energy Co (NYSE:SM)

2. Chord Energy (NASDAQ:CHRD)

3. Riley Exploration Permian (NYSEMKT:REPX)

Company

Stock Tools

Stock Ideas

Sectors & Industries EnergyOil & 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.