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Sectors & IndustriesEnergyOil & Gas E&P
Best Oil and Gas Stocks to Buy Now (2022)
Top oil and gas stocks in 2022 ranked by overall Zen Score. See the best oil and gas stocks to buy now, according to analyst forecasts for the oil & gas e&p industry.

Industry: Oil & Gas E&P
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
PR
PERMIAN RESOURCES CORP
$1.81B$6.36$10.7468.92%Buy951.10%24.58%21.50%15.12%
BSM
BLACK STONE MINERALS LP
$3.33B$14.85$20.0034.68%Strong Buy418.56%28.64%64.74%37.86%
TPL
TEXAS PACIFIC LAND CORP
$12.67B$1,640.19$800.00-51.23%Sell114.00%18.33%102.74%86.70%
VIST
VISTA ENERGY SAB DE CV
$757.49M$8.56$14.0063.55%Buy116.82%21.22%33.71%12.10%
FANG
DIAMONDBACK ENERGY INC
$19.98B$115.20$171.8049.13%Strong Buy15-0.20%7.01%29.54%16.78%
PDCE
PDC ENERGY INC
$5.19B$53.94$87.8062.77%Strong Buy619.99%17.03%52.22%22.72%
PXD
PIONEER NATURAL RESOURCES CO
$49.88B$208.99$273.6930.96%Strong Buy187.64%7.37%25.98%16.57%
EGY
VAALCO ENERGY INC
$243.36M$4.12$10.00142.72%Strong Buy1N/AN/AN/AN/A
VET
VERMILION ENERGY INC
$3.24B$19.63$30.4354.99%Buy1027.90%38.47%89.98%38.41%
MXC
MEXCO ENERGY CORP
$32.54M$15.14N/AN/AN/AN/AN/AN/AN/AN/A
ESTE
EARTHSTONE ENERGY INC
$1.56B$11.24$21.0086.83%Hold556.01%115.61%65.44%25.41%
MGY
MAGNOLIA OIL & GAS CORP
$4.13B$18.97$28.5050.24%Buy98.68%11.51%88.15%46.39%
EOG
EOG RESOURCES INC
$63.95B$109.12$150.5737.99%Strong Buy166.99%13.93%17.76%10.39%
EPSN
EPSILON ENERGY LTD
$142.91M$6.22N/AN/AN/AN/AN/AN/AN/AN/A
SD
SANDRIDGE ENERGY INC
$557.01M$15.16N/AN/AN/AN/AN/AN/AN/AN/A
TGA
TRANSGLOBE ENERGY CORP
$192.62M$2.63$296.2511,164.26%Strong Buy1N/AN/AN/AN/A
SBOW
SILVERBOW RESOURCES INC
$559.89M$25.10$60.00139.04%Strong Buy221.52%135.35%79.70%25.97%
CNQ
CANADIAN NATURAL RESOURCES LTD
$53.20B$46.90N/AN/AStrong Buy1-0.84%1.15%26.89%13.54%
CTRA
COTERRA ENERGY INC
$20.97B$26.36$34.0028.98%Buy15-0.58%-9.57%11.42%6.74%
DMLP
DORCHESTER MINERALS LP
$882.54M$23.50N/AN/AN/AN/AN/AN/AN/AN/A
ROCC
RANGER OIL CORP
$1.24B$29.33$58.5099.45%Strong Buy29.76%37.84%116.33%23.47%
CIVI
CIVITAS RESOURCES INC
$4.63B$54.48$80.7548.22%Strong Buy412.44%3.78%N/AN/A
EPM
EVOLUTION PETROLEUM CORP
$228.58M$6.83$8.6025.92%Buy2N/AN/AN/AN/A
MUR
MURPHY OIL CORP
$5.18B$33.34$47.3341.97%Buy914.76%68.89%26.71%10.90%
OVV
OVINTIV INC
$10.84B$42.62$64.6051.57%Strong Buy115.17%15.17%38.92%15.18%
HES
HESS CORP
$32.39B$104.60$137.3631.32%Strong Buy119.59%44.47%17.05%5.74%
MNRL
BRIGHAM MINERALS INC
$1.47B$24.29$33.0035.86%Strong Buy711.86%-2.42%14.06%10.67%
PHX
PHX MINERALS INC
$107.11M$2.94$6.90134.69%Strong Buy326.30%69.62%21.94%14.99%
HPK
HIGHPEAK ENERGY INC
$2.20B$20.12$26.4031.21%Strong Buy190.11%312.50%88.07%45.35%
DVN
DEVON ENERGY CORP
$37.78B$57.69$80.0038.67%Buy171.31%3.78%34.27%14.91%
NOG
NORTHERN OIL & GAS INC
$2.03B$25.77$42.3364.27%Strong Buy947.64%73.74%574.35%39.99%
CPG
CRESCENT POINT ENERGY CORP
$3.33B$5.87$12.27108.99%Strong Buy659.05%20.69%16.21%10.69%
LPI
LAREDO PETROLEUM INC
$962.96M$56.30$113.33101.30%Hold3-6.91%7.40%119.52%28.27%
AR
ANTERO RESOURCES CORP
$9.41B$30.73$44.5044.81%Strong Buy85.50%35.52%14.58%6.16%
GPRK
GEOPARK LTD
$721.05M$11.97$22.0083.79%Strong Buy10.91%18.02%1,007.24%20.43%
KRP
KIMBELL ROYALTY PARTNERS LP
$1.08B$16.45$21.4030.09%Strong Buy69.36%17.64%N/AN/A
SM
SM ENERGY CO
$4.41B$35.94$51.6343.64%Buy8-4.63%11.52%47.03%21.54%
STR
SITIO ROYALTIES CORP
$1.83B$21.82$24.8013.66%Buy572.26%35.72%176.95%8.96%
PNRG
PRIMEENERGY RESOURCES CORP
$163.40M$84.40N/AN/AN/AN/AN/AN/AN/AN/A
MTDR
MATADOR RESOURCES CO
$5.83B$49.39$65.4032.42%Strong Buy85.27%-0.37%27.32%13.92%
CLR
CONTINENTAL RESOURCES INC
$23.25B$64.05$69.929.17%Hold145.96%7.82%29.58%12.73%
RRC
RANGE RESOURCES CORP
$6.57B$25.00$35.6542.59%Buy1710.39%58.07%74.59%22.29%
REI
RING ENERGY INC
$247.73M$2.31$7.50224.68%Hold1-31.73%N/AN/AN/A
APA
APA CORP
$10.73B$32.87$49.6751.10%Strong Buy151.53%7.86%614.48%27.77%
BRN
BARNWELL INDUSTRIES INC
$25.39M$2.55N/AN/AN/AN/AN/AN/AN/AN/A
CHRD
CHORD ENERGY CORP
$5.17B$124.65$172.5038.39%Strong Buy624.51%1.67%37.26%14.58%
GTE
GRAN TIERRA ENERGY INC
$424.20M$1.15N/AN/AHold1N/AN/AN/AN/A
KOS
KOSMOS ENERGY LTD
$2.24B$4.92$8.3970.49%Strong Buy45.45%54.87%39.92%5.36%
REPX
RILEY EXPLORATION PERMIAN INC
$335.20M$17.15$55.00220.70%Strong Buy1-9.48%-9.07%58.21%32.27%
CPE
CALLON PETROLEUM CO
$2.05B$33.18$68.83107.45%Hold7-4.41%0.59%41.54%15.78%
TALO
TALOS ENERGY INC
$1.30B$15.69$19.5024.28%Strong Buy3-3.79%46.32%N/AN/A
BRY
BERRY CORP (BRY)
$581.25M$7.38$12.7572.76%Buy47.40%557.74%28.76%12.04%
PED
PEDEVCO CORP
$78.02M$0.91$1.98116.56%Strong Buy2N/AN/AN/AN/A
ERF
ENERPLUS CORP
$3.23B$13.35$18.0034.83%Buy1N/A32.70%112.96%38.47%
CHK
CHESAPEAKE ENERGY CORP
$11.23B$92.93$108.1116.34%Strong Buy9-3.46%8.98%11.40%4.76%
COP
CONOCOPHILLIPS
$128.05B$100.59$122.8622.14%Strong Buy14-5.19%0.22%1.39%0.75%
MRO
MARATHON OIL CORP
$14.84B$21.90$30.3338.51%Buy16-2.77%0.08%2.23%1.41%
CRK
COMSTOCK RESOURCES INC
$3.78B$16.22$19.8822.53%Buy82.01%67.44%72.26%17.37%
OXY
OCCIDENTAL PETROLEUM CORP
$54.71B$58.73$69.5018.34%Buy192.29%-11.77%17.91%6.71%
CRC
CALIFORNIA RESOURCES CORP
$2.84B$37.62$52.3339.11%Buy3-8.34%-40.59%45.41%17.15%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$41.47M$0.27N/AN/AN/AN/AN/AN/AN/AN/A
TELL
TELLURIAN INC
$1.33B$2.34$5.33127.91%Buy312.24%N/A-6.96%-3.39%
HUSA
HOUSTON AMERICAN ENERGY CORP
$31.47M$3.17N/AN/AN/AN/AN/AN/AN/AN/A
GBR
NEW CONCEPT ENERGY INC
$5.65M$1.10N/AN/AN/AN/AN/AN/AN/AN/A
USEG
US ENERGY CORP
$68.04M$2.73$7.00156.41%Strong Buy1N/AN/AN/AN/A
WTI
W&T OFFSHORE INC
$742.97M$5.19$6.9032.95%Strong Buy12.27%19.56%-89.78%7.76%
OBE
OBSIDIAN ENERGY LTD
$577.40M$7.04$13.9998.66%Strong Buy2N/AN/AN/AN/A
CRGY
CRESCENT ENERGY CO
$2.30B$13.57N/AN/AStrong Buy1N/AN/AN/AN/A
EQT
EQT CORP
$15.26B$41.26$54.9133.08%Strong Buy1125.53%N/A21.52%8.62%
VIVK
VIVAKOR INC
$19.06M$1.06N/AN/AN/AN/AN/AN/AN/AN/A
EP
EMPIRE PETROLEUM CORP
$277.79M$12.81N/AN/AN/AN/AN/AN/AN/AN/A
SWN
SOUTHWESTERN ENERGY CO
$69.80B$6.28$9.7254.73%Buy15-9.94%N/A2,642.71%213.14%
NEXT
NEXTDECADE CORP
$828.78M$6.44$6.17-4.24%Buy3N/AN/A-77.45%-5.78%
CKX
CKX LANDS INC
$20.62M$10.50N/AN/AN/AN/AN/AN/AN/AN/A
DEN
DENBURY INC
$3.73B$75.08$92.1122.68%Strong Buy7N/AN/AN/AN/A
BATL
BATTALION OIL CORP
$192.95M$11.81$28.00137.09%Strong Buy1N/AN/AN/AN/A
PBT
PERMIAN BASIN ROYALTY TRUST
$731.76M$15.70N/AN/AN/AN/AN/AN/AN/AN/A
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$1.14B$14.44$26.0080.12%Strong Buy54.05%N/A-67.45%13.69%
GPOR
GULFPORT ENERGY CORP
$1.65B$83.78$135.0061.14%Buy250.12%N/A356.93%27.76%
INDO
INDONESIA ENERGY CORP LTD
$41.79M$5.60$13.00132.14%Strong Buy2N/AN/AN/AN/A
CNX
CNX RESOURCES CORP
$2.80B$14.78$22.6052.91%Hold6N/AN/A21.73%6.34%
WDS
WOODSIDE ENERGY GROUP LTD
$38.15B$20.02N/AN/AStrong Buy1N/AN/AN/AN/A
CEI
CAMBER ENERGY INC
$97.75M$0.20N/AN/AN/AN/AN/AN/AN/AN/A
AMPY
AMPLIFY ENERGY CORP
$230.26M$5.99N/AN/AHold1N/AN/AN/AN/A

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best oil stocks to buy right now are:

1. Permian Resources (NYSE:PR)


Permian Resources (NYSE:PR) is the top oil and gas stock with a Zen Score of 69, which is 27 points higher than the oil and gas industry average of 42. It passed 23 out of 33 due diligence checks and has strong fundamentals. Permian Resources has seen its stock return 7.98% over the past year, underperforming other oil and gas stocks by -21 percentage points.

Permian Resources has an average 1 year price target of $10.74, an upside of 68.92% from Permian Resources's current stock price of $6.36.

Permian Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Permian Resources, 55.56% have issued a Strong Buy rating, 11.11% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.

2. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) is the second best oil and gas stock with a Zen Score of 68, which is 26 points higher than the oil and gas industry average of 42. It passed 26 out of 38 due diligence checks and has strong fundamentals. Black Stone Minerals has seen its stock return 33.42% over the past year, overperforming other oil and gas stocks by 4 percentage points.

Black Stone Minerals has an average 1 year price target of $20.00, an upside of 34.68% from Black Stone Minerals's current stock price of $14.85.

Black Stone Minerals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Black Stone Minerals, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Texas Pacific Land (NYSE:TPL)


Texas Pacific Land (NYSE:TPL) is the third best oil and gas stock with a Zen Score of 68, which is 26 points higher than the oil and gas industry average of 42. It passed 27 out of 38 due diligence checks and has strong fundamentals. Texas Pacific Land has seen its stock return 25.49% over the past year, underperforming other oil and gas stocks by -4 percentage points.

Texas Pacific Land has an average 1 year price target of $800.00, a downside of -51.23% from Texas Pacific Land's current stock price of $1,640.19.

Texas Pacific Land stock has a consensus Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Texas Pacific Land, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the oil and gas stocks with highest dividends?

Out of 47 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. Berry (NASDAQ:BRY)


Berry (NASDAQ:BRY) has an annual dividend yield of 12.6%, which is 8 percentage points higher than the oil and gas industry average of 4.3%.

Berry's dividend payout ratio of 616.7% indicates that its high dividend yield might not be sustainable for the long-term.

2. Dorchester Minerals (NASDAQ:DMLP)


Dorchester Minerals (NASDAQ:DMLP) has an annual dividend yield of 12.21%, which is 8 percentage points higher than the oil and gas industry average of 4.3%. Dorchester Minerals's dividend payout is not stable, having dropped more than 10% nine 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 98.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Pioneer Natural Resources Co (NYSE:PXD)


Pioneer Natural Resources Co (NYSE:PXD) has an annual dividend yield of 11.45%, which is 7 percentage points higher than the oil and gas industry average of 4.3%. Pioneer Natural Resources Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Pioneer Natural Resources Co's dividend has shown consistent growth over the last 10 years.

Pioneer Natural Resources Co's dividend payout ratio of 66.2% indicates that its high dividend yield is sustainable for the long-term.

Why are oil and gas stocks down?

Oil and gas stocks were down -7.76% in the last day, and down -10.59% over the last week. Kosmos Energy was the among the top losers in the oil & gas e&p industry, dropping -13.38% yesterday.

Shares of several oil & gas companies are trading lower amid strength in the dollar and increased fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.

What are the most undervalued oil and gas stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued oil and gas stocks right now are:

1. Transglobe Energy (NASDAQ:TGA)


Transglobe Energy (NASDAQ:TGA) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Transglobe Energy has a valuation score of 86, which is 43 points higher than the oil and gas industry average of 43. It passed 6 out of 7 valuation due diligence checks.

Transglobe Energy's stock has gained 27.05% in the past year. It has underperformed other stocks in the oil and gas industry by -2 percentage points.

2. Pdc Energy (NASDAQ:PDCE)


Pdc Energy (NASDAQ:PDCE) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Pdc Energy has a valuation score of 86, which is 43 points higher than the oil and gas industry average of 43. It passed 6 out of 7 valuation due diligence checks.

Pdc Energy's stock has gained 14.84% in the past year. It has underperformed other stocks in the oil and gas industry by -14 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 WallStreetZen's Valuation Score. Vista Energy Sab De Cv has a valuation score of 71, which is 28 points higher than the oil and gas industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Vista Energy Sab De Cv's stock has gained 94.55% in the past year. It has overperformed other stocks in the oil and gas industry by 65 percentage points.

Are oil and gas stocks a good buy now?

57.14% 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 11.75% over the next year.

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 5.12x.
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.