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Sectors & IndustriesEnergyOil & Gas E&P
Best Oil and Gas Stocks to Buy Now (2024)
Top oil and gas stocks in 2024 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
VIST
VISTA ENERGY SAB DE CV
$4.64B$1.35B$912.41M$434.33M$4.548.56%25.39%21.68%58.70%
SM
SM ENERGY CO
$5.44B$2.36B$1.62B$750.53M$6.40-23.18%7.57%-37.86%121.51%2024-07-31
GPRK
GEOPARK LTD
$558.25M$741.59M$394.63M$115.00M$2.05-24.55%3.40%-44.74%11.30%2024-08-07
MTDR
MATADOR RESOURCES CO
$8.11B$3.03B$2.02B$876.67M$7.34-0.60%28.02%-25.86%33.67%2024-07-23
FANG
DIAMONDBACK ENERGY INC
$37.46B$8.71B$6.11B$3.20B$17.73-4.87%27.75%-26.58%22.26%2024-08-05
REPX
RILEY EXPLORATION PERMIAN INC
$649.76M$407.78M$243.72M$98.50M$4.9826.83%135.13%-37.91%83.40%2024-08-07
EGY
VAALCO ENERGY INC
$717.98M$474.82M$283.66M$64.57M$0.6029.71%37.37%5.26%-17.71%2024-08-07
PR
PERMIAN RESOURCES CORP
$12.51B$3.75B$2.13B$520.76M$1.2956.13%33.32%-38.28%21.86%2024-08-06
DMLP
DORCHESTER MINERALS LP
$1.30B$154.61M$130.72M$100.64M$2.58-9.35%15.13%-20.86%8.70%2024-08-01
CTRA
COTERRA ENERGY INC
$20.18B$5.57B$3.47B$1.30B$1.73-39.12%18.77%-66.92%1.45%2024-08-01
EQT
EQT CORP
$15.61B$5.66B$2.73B$620.17M$1.49-47.29%5.22%-87.85%N/A2024-07-23
MGY
MAGNOLIA OIL & GAS CORP
$5.53B$1.24B$838.99M$377.05M$2.01-23.82%N/A-53.47%N/A2024-07-31
KGEI
KOLIBRI GLOBAL ENERGY INC
$124.33M$50.59M$37.10M$14.73M$0.429.14%N/A-44.74%N/A2024-08-01
SBOW
SILVERBOW RESOURCES INC
$976.59M$769.08M$606.32M$187.70M$7.920.70%22.69%-68.68%2.38%2024-07-31
MXC
MEXCO ENERGY CORP
$25.86M$6.60M$3.94M$1.34M$0.64-30.89%19.71%-70.51%N/A2024-08-08
CIVI
CIVITAS RESOURCES INC
$7.21B$4.15B$2.66B$757.65M$8.3914.40%70.87%-47.82%3.16%2024-08-01
COP
CONOCOPHILLIPS
$136.38B$57.53B$24.87B$10.59B$8.85-26.60%7.64%-29.65%7.27%2024-08-01
HES
HESS CORP
$47.89B$11.53B$5.49B$2.01B$6.56-1.02%11.56%-0.15%N/A2024-07-31
PHX
PHX MINERALS INC
$122.86M$36.36M$17.45M$4.18M$0.11-47.44%-7.97%-87.36%-29.24%2024-08-06
MUR
MURPHY OIL CORP
$6.41B$3.41B$1.71B$559.92M$3.62-19.11%11.13%-55.75%17.16%2024-08-08
EOG
EOG RESOURCES INC
$75.99B$24.27B$13.30B$7.36B$12.72-12.60%6.57%-21.04%16.53%2024-08-01
KRP
KIMBELL ROYALTY PARTNERS LP
$1.60B$309.39M$188.48M$39.99M$0.6110.02%31.96%-72.40%N/A2024-08-01
CHRD
CHORD ENERGY CORP
$7.31B$4.09B$1.87B$926.13M$22.305.01%N/A-45.42%N/A2024-07-31
KOS
KOSMOS ENERGY LTD
$2.69B$1.73B$908.11M$221.90M$0.48-15.13%10.00%-29.41%N/A2024-08-05
BSM
BLACK STONE MINERALS LP
$3.55B$523.13M$401.83M$328.14M$1.57-34.75%-2.00%-44.91%4.66%2024-07-29
DVN
DEVON ENERGY CORP
$30.63B$15.03B$7.10B$3.35B$5.27-21.63%13.17%-42.78%-2.56%2024-08-06
CNQ
CANADIAN NATURAL RESOURCES LTD
$76.27B$25.78B$11.91B$5.38B$2.48-10.30%10.84%-19.42%22.11%2024-08-01
REI
RING ENERGY INC
$387.96M$367.48M$213.65M$77.66M$0.400.09%22.73%-66.67%27.23%2024-08-01
PNRG
PRIMEENERGY RESOURCES CORP
$209.01M$153.15M$82.04M$38.01M$20.70-0.55%6.07%3.14%39.49%2024-08-12
APA
APA CORP
$11.93B$8.07B$4.13B$2.75B$8.93-21.96%0.96%41.97%N/A2024-07-31
CRC
CALIFORNIA RESOURCES CORP
$3.58B$2.23B$628.00M$253.00M$3.65-37.65%-6.64%-73.20%-7.57%2024-08-06
RRC
RANGE RESOURCES CORP
$7.95B$2.83B$1.08B$481.83M$2.01-45.01%-2.93%-76.68%N/A2024-07-23
GPOR
GULFPORT ENERGY CORP
$2.80B$1.34B$868.55M$861.59M$46.55-43.31%N/A-28.72%N/A2024-07-30
NOG
NORTHERN OIL & GAS INC
$4.21B$1.98B$1.38B$594.39M$6.37-9.39%26.75%-60.39%17.21%2024-07-30
EPSN
EPSILON ENERGY LTD
$122.76M$29.36M$15.20M$4.92M$0.23-55.32%-0.33%-83.92%1.84%2024-08-08
VTS
VITESSE ENERGY INC
$766.12M$237.14M$139.85M$25.89M$0.84-13.73%N/AN/AN/A
DEC
DIVERSIFIED ENERGY CO PLC
$804.16M$868.26M$1.22B$758.02M$16.07-54.76%N/AN/AN/A2024-08-29
PED
PEDEVCO CORP
$92.04M$30.74M$11.16M-$725.00k-$0.01-1.20%41.35%N/AN/A2024-08-13
TPL
TEXAS PACIFIC LAND CORP
$18.78B$659.38M$568.40M$433.49M$18.82-1.06%8.85%0.09%7.48%2024-07-31
GRNT
GRANITE RIDGE RESOURCES INC
$908.67M$391.76M$254.88M$60.46M$0.45-20.84%N/A-77.50%N/A
CHK
CHESAPEAKE ENERGY CORP
$10.66B$6.43B$2.98B$1.06B$8.01-54.63%N/A-85.44%N/A2024-07-29
OBE
OBSIDIAN ENERGY LTD
$572.79M$488.84M$278.55M$64.78M$0.80-12.17%10.03%-88.79%N/A2024-07-31
AR
ANTERO RESOURCES CORP
$9.16B$4.40B$910.61M$65.83M$0.21-43.35%1.16%-97.16%-35.35%2024-07-31
TALO
TALOS ENERGY INC
$2.12B$1.57B$961.33M-$14.97M$0.080.27%11.11%-98.72%-52.48%2024-08-07
VTLE
VITAL ENERGY INC
$1.68B$1.70B$1.02B$514.21M$25.61-1.36%9.98%-48.82%5.34%2024-08-07
SD
SANDRIDGE ENERGY INC
$496.74M$135.78M$74.29M$48.22M$1.31-43.41%-16.55%-79.14%11.50%2024-07-31
HPK
HIGHPEAK ENERGY INC
$2.17B$1.18B$864.45M$172.05M$1.2932.46%N/A-49.61%51.81%2024-08-05
AMPY
AMPLIFY ENERGY CORP
$291.54M$304.03M$71.20M$28.33M$0.72-28.78%2.50%-93.65%-13.54%2024-08-06
INDO
INDONESIA ENERGY CORP LTD
$25.10M$3.53M-$1.39M-$2.64M-$0.26-13.96%-9.65%N/AN/A
OVV
OVINTIV INC
$12.76B$10.68B$4.73B$1.94B$7.30-18.12%12.76%-57.83%14.13%2024-07-30
MRO
MARATHON OIL CORP
$16.50B$6.57B$4.32B$1.43B$2.42-17.52%1.67%-41.26%17.29%2024-07-31
CNX
CNX RESOURCES CORP
$3.97B$2.54B$1.89B$1.02B$6.31-26.28%10.95%-22.67%48.63%2024-07-25
VRN
VEREN INC
$4.85B$2.62B$1.02B-$42.41M-$0.033.38%2.86%N/AN/A2024-07-25
CRK
COMSTOCK RESOURCES INC
$2.98B$1.41B$892.30M$61.07M$0.22-60.23%N/A-96.16%N/A2024-07-30
CKX
CKX LANDS INC
$26.66M$1.46M$217.63k-$20.73k-$0.0134.18%7.85%N/AN/A2024-08-09
OXY
OCCIDENTAL PETROLEUM CORP
$56.51B$27.67B$13.72B$3.51B$3.95-22.75%7.58%-58.51%-5.78%2024-08-07
BRY
BERRY CORP (BRY)
$528.57M$779.60M$210.18M$3.18M$0.03-27.76%6.62%-99.22%-42.80%2024-07-31
SWN
SOUTHWESTERN ENERGY CO
$7.38B$5.82B-$1.11B-$1.92B-$1.74-58.94%8.16%N/AN/A2024-08-01
BTE
BAYTEX ENERGY CORP
$3.01B$2.21B$638.34M-$218.13M-$0.3137.25%18.51%N/AN/A2024-07-26
HUSA
HOUSTON AMERICAN ENERGY CORP
$13.20M$711.69k-$3.11M-$3.33M-$0.31-50.75%-17.42%N/AN/A2024-08-12
VET
VERMILION ENERGY INC
$1.79B$1.48B$439.51M-$174.70M-$1.07-39.44%5.96%N/AN/A2024-07-31
EPM
EVOLUTION PETROLEUM CORP
$189.14M$82.82M$23.55M$3.01M$0.09-45.64%13.41%-93.96%-29.03%2024-09-10
BRN
BARNWELL INDUSTRIES INC
$22.06M$24.45M$2.55M-$3.25M-$0.33-16.16%17.12%N/AN/A2024-08-09
WDS
WOODSIDE ENERGY GROUP LTD
$37.42B$13.99B$7.66B$1.66B$0.88-16.79%N/A-79.65%N/A2024-08-27
WTI
W&T OFFSHORE INC
$355.39M$541.72M$184.39M-$21.88M-$0.15-37.14%-0.75%N/AN/A2024-07-30
BATL
BATTALION OIL CORP
$63.85M$205.49M$29.01M-$72.25M-$4.45-40.02%N/AN/AN/A2024-08-19
TELL
TELLURIAN INC
$515.12M$140.67M-$66.87M-$182.70M-$0.30-52.47%75.52%N/AN/A2024-08-05
CRGY
CRESCENT ENERGY CO
$2.15B$2.45B$851.34M-$16.35M$0.00-19.63%N/A-100.00%N/A2024-08-07
STR
SITIO ROYALTIES CORP
$3.92B$593.92M$278.87M-$92.04M-$0.3730.80%43.34%N/AN/A
EP
EMPIRE PETROLEUM CORP
$162.84M$39.41M-$8.59M-$13.99M-$0.59-21.98%122.59%N/AN/A2024-08-13
TBN
TAMBORAN RESOURCES CORP
N/AN/AN/AN/AN/AN/AN/AN/AN/A
TXO
TXO PARTNERS LP
$655.27M$289.76M-$129.70M-$177.53M-$5.89-30.07%N/AN/AN/A
TPET
TRIO PETROLEUM CORP
$12.13M$72.92k-$8.05M-$9.24M-$0.26N/AN/AN/AN/A
USEG
US ENERGY CORP
$26.55M$29.43M-$29.32M-$40.65M-$1.61-33.03%39.63%N/AN/A2024-08-09
GTE
GRAN TIERRA ENERGY INC
$314.89M$650.34M$387.94M$3.34M$0.10-4.50%0.71%-96.82%-46.11%2024-07-30
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$1.17B$4.15B$359.20M-$21.80M-$0.27-10.29%2.89%N/AN/A2024-08-02
CEI
CAMBER ENERGY INC
$22.15M$26.06M-$47.12M-$51.94M-$0.3038.53%56.88%N/AN/A2024-08-09
GFR
GREENFIRE RESOURCES LTD
$525.12M$464.09M$24.80M-$121.10M-$0.39-28.54%N/AN/AN/A
MNR
MACH NATURAL RESOURCES LP
$1.87BN/AN/AN/AN/AN/AN/AN/AN/A
NEXT
NEXTDECADE CORP
$1.98B$0.00$72.51M-$120.35M-$0.88N/AN/AN/AN/A2024-08-12
LB
LANDBRIDGE CO LLC
N/AN/AN/AN/AN/AN/AN/AN/AN/A

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Jul 2024?

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

1. Vista Energy Sab De Cv (NYSE:VIST)


Vista Energy Sab De Cv (NYSE:VIST) is the top oil and gas stock with a Zen Score of 68, which is 37 points higher than the oil and gas industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Vista Energy Sab De Cv has seen its stock return 77.8% over the past year, overperforming other oil and gas stocks by 55 percentage points.

Vista Energy Sab De Cv has an average 1 year price target of $51.50, an upside of 7.36% from Vista Energy Sab De Cv's current stock price of $47.97.

Vista Energy Sab De Cv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Vista Energy Sab De Cv, 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.

2. Sm Energy Co (NYSE:SM)


Sm Energy Co (NYSE:SM) is the second best oil and gas stock with a Zen Score of 61, which is 30 points higher than the oil and gas industry average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock return 36.95% over the past year, overperforming other oil and gas stocks by 14 percentage points.

Sm Energy Co has an average 1 year price target of $55.44, an upside of 17.32% from Sm Energy Co's current stock price of $47.26.

Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Sm Energy Co, 44.44% have issued a Strong Buy rating, 11.11% have issued a Buy, 44.44% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Geopark (NYSE:GPRK)


Geopark (NYSE:GPRK) is the third best oil and gas stock with a Zen Score of 58, which is 27 points higher than the oil and gas industry average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Geopark has seen its stock return 0.9% over the past year, underperforming other oil and gas stocks by -22 percentage points.

Geopark has an average 1 year price target of $12.50, an upside of 23.89% from Geopark's current stock price of $10.09.

Geopark stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Geopark, 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.

What are the oil and gas stocks with highest dividends?

Out of 34 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. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) has an annual dividend yield of 11.44%, which is 8 percentage points higher than the oil and gas industry average of 3.14%. Black Stone Minerals's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Black Stone Minerals's dividend has shown consistent growth over the last 10 years.

Black Stone Minerals's dividend payout ratio of 121% indicates that its high dividend yield might not be sustainable for the long-term.

2. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 10.88%, which is 8 percentage points higher than the oil and gas industry average of 3.14%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% six 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 275.4% 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 10.25%, which is 7 percentage points higher than the oil and gas industry average of 3.14%. Dorchester Minerals's dividend payout is not stable, having dropped more than 10% eleven 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 128.4% 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 -0.26% in the last day, and up 2.01% over the last week.

We couldn't find a catalyst for why oil and gas stocks are down.

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. Amplify Energy (NYSE:AMPY)


Amplify Energy (NYSE:AMPY) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Amplify Energy has a valuation score of 71, which is 38 points higher than the oil and gas industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Amplify Energy's stock has gained 5.9% in the past year. It has underperformed other stocks in the oil and gas industry by -17 percentage points.

2. Chesapeake Energy (NASDAQ:CHK)


Chesapeake Energy (NASDAQ:CHK) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Chesapeake Energy has a valuation score of 71, which is 38 points higher than the oil and gas industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Chesapeake Energy's stock has dropped -0.21% in the past year. It has underperformed other stocks in the oil and gas industry by -23 percentage points.

3. Matador Resources Co (NYSE:MTDR)


Matador Resources Co (NYSE:MTDR) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Matador Resources Co has a valuation score of 71, which is 38 points higher than the oil and gas industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Matador Resources Co's stock has gained 17.49% in the past year. It has underperformed other stocks in the oil and gas industry by -6 percentage points.

Are oil and gas stocks a good buy now?

53.57% 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 9.6% 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 13.83x.
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.