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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
TPL
TEXAS PACIFIC LAND CORP
$11.77B$1,519.96$800.00-47.37%Sell126.87%34.27%99.67%84.70%
EOG
EOG RESOURCES INC
$64.77B$110.59$141.5828.03%Buy1510.23%23.73%18.38%10.39%
BSM
BLACK STONE MINERALS LP
$3.02B$13.48$19.0040.95%Strong Buy339.91%76.50%68.53%38.72%
CTRA
COTERRA ENERGY INC
$21.23B$26.35$33.5027.13%Buy1411.79%-1.08%16.23%9.36%
PXD
PIONEER NATURAL RESOURCES CO
$54.07B$223.48$276.0723.53%Strong Buy1416.71%32.24%28.23%18.12%
CDEV
CENTENNIAL RESOURCE DEVELOPMENT INC
$1.80B$6.30$9.4950.70%Buy957.59%87.31%27.56%19.29%
PDCE
PDC ENERGY INC
$5.71B$59.86$88.6748.12%Strong Buy352.51%98.64%73.52%35.47%
FANG
DIAMONDBACK ENERGY INC
$21.25B$119.70$170.9142.78%Strong Buy127.56%25.17%29.86%16.31%
VIST
VISTA ENERGY SAB DE CV
$635.02M$7.15$8.5018.88%Strong Buy123.25%78.85%37.48%12.88%
CNQ
CANADIAN NATURAL RESOURCES LTD
$58.56B$50.52$72.9044.30%Buy114.69%14.53%27.87%13.75%
MNRL
BRIGHAM MINERALS INC
$1.43B$23.68$32.6737.95%Strong Buy629.67%23.18%18.60%13.01%
CIVI
CIVITAS RESOURCES INC
$4.59B$54.01$67.0024.05%Strong Buy242.53%66.09%N/AN/A
EPSN
EPSILON ENERGY LTD
$137.65M$5.79N/AN/AN/AN/AN/AN/AN/AN/A
MGY
MAGNOLIA OIL & GAS CORP
$4.73B$21.21$24.8817.28%Buy915.86%22.59%105.60%52.82%
TGA
TRANSGLOBE ENERGY CORP
$253.31M$3.48N/AN/AN/AN/AN/AN/AN/AN/A
VET
VERMILION ENERGY INC
$2.90B$17.86$27.5554.24%Hold749.85%23.78%48.61%18.26%
MXC
MEXCO ENERGY CORP
$34.10M$16.07N/AN/AN/AN/AN/AN/AN/AN/A
DVN
DEVON ENERGY CORP
$35.49B$53.77$81.3151.21%Buy158.48%17.36%37.47%16.00%
OAS
OASIS PETROLEUM INC
$2.51B$128.04$164.6728.61%Strong Buy632.77%5.03%14.66%7.03%
STR
SITIO ROYALTIES CORP
$499.78M$23.11$7.33-68.27%Buy3121.48%53.53%29.43%23.38%
DMLP
DORCHESTER MINERALS LP
$930.61M$24.78N/AN/AN/AN/AN/AN/AN/AN/A
CPE
CALLON PETROLEUM CO
$2.51B$40.68$75.6786.01%Hold64.40%33.71%55.90%18.63%
ROCC
RANGER OIL CORP
$1.35B$30.83$58.5089.75%Strong Buy233.21%401.42%181.10%35.04%
SD
SANDRIDGE ENERGY INC
$586.88M$15.98N/AN/AN/AN/AN/AN/AN/AN/A
CLR
CONTINENTAL RESOURCES INC
$23.67B$65.22$67.072.84%Hold1413.46%22.35%33.75%13.54%
BRN
BARNWELL INDUSTRIES INC
$26.19M$2.63N/AN/AN/AN/AN/AN/AN/AN/A
MTDR
MATADOR RESOURCES CO
$5.55B$47.01$56.0019.12%Strong Buy812.91%11.61%32.62%15.13%
KRP
KIMBELL ROYALTY PARTNERS LP
$1.01B$15.34$20.5033.64%Strong Buy431.32%109.25%N/AN/A
EGY
VAALCO ENERGY INC
$425.27M$7.22$10.0038.50%Strong Buy1N/AN/AN/AN/A
HPK
HIGHPEAK ENERGY INC
$2.63B$25.16$20.70-17.73%Strong Buy2250.65%1,530.30%148.78%90.19%
ESTE
EARTHSTONE ENERGY INC
$1.53B$13.51$14.638.25%Hold4128.75%1,284.38%72.21%24.08%
GPRK
GEOPARK LTD
$777.07M$12.90$23.0078.30%Strong Buy19.38%63.12%-603.94%23.41%
OVV
OVINTIV INC
$11.73B$45.43$55.3321.80%Strong Buy1412.19%58.76%49.10%15.44%
LPI
LAREDO PETROLEUM INC
$1.25B$72.12$101.0040.04%Hold3-0.09%123.98%186.19%28.94%
APA
APA CORP
$12.33B$36.45$46.7928.36%Strong Buy143.84%23.70%-18,339.71%26.46%
MRO
MARATHON OIL CORP
$15.60B$22.05$31.1441.24%Buy154.01%16.69%2.37%1.50%
HES
HESS CORP
$31.65B$101.69$135.1332.88%Strong Buy916.15%84.64%19.39%6.18%
SBOW
SILVERBOW RESOURCES INC
$530.79M$31.50$30.00-4.76%Strong Buy129.74%2,995.12%123.66%33.57%
COP
CONOCOPHILLIPS
$117.59B$90.91$119.7531.72%Strong Buy131.01%7.55%1.45%0.76%
CPG
CRESCENT POINT ENERGY CORP
$4.02B$7.02$12.0070.88%Strong Buy668.62%-33.46%24.43%15.28%
MUR
MURPHY OIL CORP
$4.96B$31.95$48.6752.32%Buy622.50%267.11%26.74%10.23%
ERF
ENERPLUS CORP
$3.13B$12.95$18.0039.00%Buy1N/A230.73%169.09%49.42%
SM
SM ENERGY CO
$4.33B$35.54$46.1329.78%Buy83.09%87.23%52.26%20.48%
REPX
RILEY EXPLORATION PERMIAN INC
$540.07M$27.64$55.0098.99%Strong Buy13.05%414.29%52.22%27.15%
GTE
GRAN TIERRA ENERGY INC
$416.36M$1.13N/AN/AHold1N/AN/AN/AN/A
EPM
EVOLUTION PETROLEUM CORP
$192.20M$5.70$7.8036.84%Strong Buy1N/AN/AN/AN/A
OXY
OCCIDENTAL PETROLEUM CORP
$53.91B$57.52$63.9311.14%Buy1510.58%8.21%20.17%6.77%
PED
PEDEVCO CORP
$102.56M$1.20$1.9864.58%Strong Buy2N/AN/AN/AN/A
KOS
KOSMOS ENERGY LTD
$2.85B$6.25$8.1530.40%Strong Buy44.93%248.65%60.29%6.44%
PNRG
PRIMEENERGY RESOURCES CORP
$145.83M$73.84N/AN/AN/AN/AN/AN/AN/AN/A
REI
RING ENERGY INC
$310.50M$2.91$4.7563.23%Strong Buy1-20.44%N/AN/AN/A
BRY
BERRY CORP (BRY)
$602.47M$7.46$13.2577.61%Buy425.40%N/A51.75%21.83%
TELL
TELLURIAN INC
$1.65B$2.90$7.00141.38%Buy150.84%N/A-21.66%-15.52%
CRC
CALIFORNIA RESOURCES CORP
$2.96B$38.07$56.0047.10%Strong Buy415.85%1.88%42.04%14.94%
HUSA
HOUSTON AMERICAN ENERGY CORP
$53.51M$5.39N/AN/AN/AN/AN/AN/AN/AN/A
PHX
PHX MINERALS INC
$107.44M$3.05$5.4578.69%Strong Buy263.62%N/A29.51%19.19%
GBR
NEW CONCEPT ENERGY INC
$9.39M$1.83N/AN/AN/AN/AN/AN/AN/AN/A
VIVK
VIVAKOR INC
$35.49M$2.36N/AN/AN/AN/AN/AN/AN/AN/A
WLL
WHITING PETROLEUM CORP
$2.79B$71.03$87.0022.48%Buy7N/AN/AN/AN/A
AR
ANTERO RESOURCES CORP
$10.04B$32.27$42.3331.18%Strong Buy715.86%N/A21.60%8.56%
CKX
CKX LANDS INC
$21.72M$11.18N/AN/AN/AN/AN/AN/AN/AN/A
RRC
RANGE RESOURCES CORP
$7.09B$26.29$33.0825.82%Buy1422.40%N/A94.59%23.07%
CRK
COMSTOCK RESOURCES INC
$3.07B$13.19$19.3346.57%Hold314.81%N/A106.80%20.20%
CEI
CAMBER ENERGY INC
$177.32M$0.43N/AN/AN/AN/AN/AN/AN/AN/A
WDS
WOODSIDE ENERGY GROUP LTD
N/A$21.32N/AN/AN/AN/AN/AN/AN/AN/A
TALO
TALOS ENERGY INC
$1.29B$15.57$19.1723.10%Strong Buy36.89%N/AN/AN/A
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$79.53M$0.51N/AN/AN/AN/AN/AN/AN/AN/A
CHK
CHESAPEAKE ENERGY CORP
$10.66B$83.80$98.7117.80%Strong Buy73.46%N/A12.96%5.25%
USEG
US ENERGY CORP
$90.97M$3.65$5.0036.99%Strong Buy1N/AN/AN/AN/A
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$830.28M$10.49$23.60124.98%Buy59.68%N/A-70.14%14.82%
EQT
EQT CORP
$12.97B$35.09$50.3343.44%Strong Buy665.10%N/A18.77%7.05%
SWN
SOUTHWESTERN ENERGY CO
$7.82B$7.01$9.3533.44%Buy13-0.34%N/A-2,241.73%22.52%
EP
EMPIRE PETROLEUM CORP
$244.70M$12.18N/AN/AN/AN/AN/AN/AN/AN/A
PBT
PERMIAN BASIN ROYALTY TRUST
$771.84M$16.56N/AN/AN/AN/AN/AN/AN/AN/A
NEXT
NEXTDECADE CORP
$583.14M$4.56$5.5020.61%Hold3N/AN/AN/A-30.58%
INDO
INDONESIA ENERGY CORP LTD
$54.63M$7.32$15.00104.92%Buy1N/AN/AN/AN/A
NOG
NORTHERN OIL & GAS INC
$2.02B$26.08$41.5659.34%Strong Buy10106.30%N/A-2,085.47%36.37%
BATL
BATTALION OIL CORP
$147.53M$9.03N/AN/AN/AN/AN/AN/AN/AN/A
CNX
CNX RESOURCES CORP
$3.34B$17.13$20.0016.75%Buy6N/AN/A27.48%8.59%
DEN
DENBURY INC
$3.32B$65.91$95.4644.83%Strong Buy6N/AN/AN/AN/A
WTI
W&T OFFSHORE INC
$659.29M$4.61$6.2034.49%Strong Buy214.18%N/A-80.86%14.94%
GPOR
GULFPORT ENERGY CORP
$1.61B$77.14$104.0034.82%Buy2N/AN/A937.63%21.39%
AMPY
AMPLIFY ENERGY CORP
$251.43M$6.56N/AN/AHold1N/AN/AN/AN/A
CRGY
CRESCENT ENERGY CO
$2.19B$12.93N/AN/AStrong Buy1N/AN/AN/AN/A
OBE
OBSIDIAN ENERGY LTD
$641.38M$7.82$13.8577.05%Strong Buy2N/AN/AN/AN/A

Oil and Gas Stocks FAQ

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

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

1. TEXAS PACIFIC LAND (NYSE:TPL)


TEXAS PACIFIC LAND (NYSE:TPL) is the top oil and gas stock with a Zen Score of 71, which is 33 points higher than the oil and gas industry average of 38. It passed 28 out of 38 due diligence checks and has strong fundamentals. TEXAS PACIFIC LAND has seen its stock lose -3.78% over the past year, underperforming other oil and gas stocks by -17 percentage points.

TEXAS PACIFIC LAND has an average 1 year price target of $800.00, a downside of -47.37% from TEXAS PACIFIC LAND's current stock price of $1,519.96.

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.

2. EOG RESOURCES (NYSE:EOG)


EOG RESOURCES (NYSE:EOG) is the second best oil and gas stock with a Zen Score of 69, which is 31 points higher than the oil and gas industry average of 38. It passed 26 out of 38 due diligence checks and has strong fundamentals. EOG RESOURCES has seen its stock return 28.46% over the past year, overperforming other oil and gas stocks by 15 percentage points.

EOG RESOURCES has an average 1 year price target of $141.58, an upside of 28.03% from EOG RESOURCES's current stock price of $110.59.

EOG RESOURCES stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering EOG RESOURCES, 53.33% have issued a Strong Buy rating, 13.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. BLACK STONE MINERALS (NYSE:BSM)


BLACK STONE MINERALS (NYSE:BSM) is the third best oil and gas stock with a Zen Score of 65, which is 27 points higher than the oil and gas industry average of 38. It passed 24 out of 38 due diligence checks and has strong fundamentals. BLACK STONE MINERALS has seen its stock return 29.49% over the past year, overperforming other oil and gas stocks by 16 percentage points.

BLACK STONE MINERALS has an average 1 year price target of $19.00, an upside of 40.95% from BLACK STONE MINERALS's current stock price of $13.48.

BLACK STONE MINERALS stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering BLACK STONE MINERALS, 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.

What are the oil and gas stocks with highest dividends?

Out of 46 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. KIMBELL ROYALTY PARTNERS (NYSE:KRP)


KIMBELL ROYALTY PARTNERS (NYSE:KRP) has an annual dividend yield of 9.91%, which is 7 percentage points higher than the oil and gas industry average of 3.32%. KIMBELL ROYALTY PARTNERS's dividend payout is not stable, having dropped more than 10% three 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 410.8% 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 9.61%, which is 6 percentage points higher than the oil and gas industry average of 3.32%. DORCHESTER MINERALS's dividend payout is not stable, having dropped more than 10% ten 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 98.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. OASIS PETROLEUM (NASDAQ:OAS)


OASIS PETROLEUM (NASDAQ:OAS) has an annual dividend yield of 9.36%, which is 6 percentage points higher than the oil and gas industry average of 3.32%.

OASIS PETROLEUM's dividend payout ratio of 20.8% indicates that its high dividend yield is sustainable for the long-term.

Why are oil and gas stocks up?

Oil and gas stocks were up 2.46% in the last day, and down -1.74% over the last week. DENBURY was the among the top gainers in the oil & gas e&p industry, gaining 9.83% yesterday.

Shares of energy companies are trading higher as oil prices gain. Concerns of tight supply continue to lift prices even as economic uncertainty weighs on demand outlook. Investors continue to assess the economic impact of Fed rate hikes.

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. EPSILON ENERGY (NASDAQ:EPSN)


EPSILON ENERGY (NASDAQ:EPSN) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. EPSILON ENERGY has a valuation score of 86, which is 45 points higher than the oil and gas industry average of 41. It passed 6 out of 7 valuation due diligence checks.

EPSILON ENERGY's stock has gained 19.38% in the past year. It has overperformed other stocks in the oil and gas industry by 6 percentage points.

2. TRANSGLOBE ENERGY (NASDAQ:TGA)


TRANSGLOBE ENERGY (NASDAQ:TGA) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. TRANSGLOBE ENERGY has a valuation score of 86, which is 45 points higher than the oil and gas industry average of 41. It passed 6 out of 7 valuation due diligence checks.

TRANSGLOBE ENERGY's stock has gained 61.11% in the past year. It has overperformed other stocks in the oil and gas industry by 47 percentage points.

3. DIAMONDBACK ENERGY (NASDAQ:FANG)


DIAMONDBACK ENERGY (NASDAQ:FANG) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. DIAMONDBACK ENERGY has a valuation score of 86, which is 45 points higher than the oil and gas industry average of 41. It passed 6 out of 7 valuation due diligence checks.

DIAMONDBACK ENERGY's stock has gained 27% in the past year. It has overperformed other stocks in the oil and gas industry by 13 percentage points.

Are oil and gas stocks a good buy now?

54.41% 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 1.62% 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 -21.62x.
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.