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Sectors & IndustriesEnergyOil & Gas E&P
Best Oil and Gas Stocks to Buy Now (2023)
Top oil and gas stocks in 2023 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
EPSN
EPSILON ENERGY LTD
$132.87M$68.52M$53.31M$33.98M$1.4698.37%N/A630.00%N/A2023-03-21
BSM
BLACK STONE MINERALS LP
$3.55B$612.65M$484.23M$406.46M$1.94138.14%9.40%618.52%17.67%2023-02-21
MGY
MAGNOLIA OIL & GAS CORP
$4.99B$1.68B$1.14B$812.33M$4.3586.41%N/A158.93%N/A2023-02-14
VIST
VISTA ENERGY SAB DE CV
$1.34B$1.03B$646.83M$229.59M$2.6292.60%N/A18,578.57%N/A2023-02-23
SD
SANDRIDGE ENERGY INC
$562.60M$252.63M$191.20M$173.79M$4.7474.56%-6.97%114.48%N/A2023-03-07
MXC
MEXCO ENERGY CORP
$28.05M$8.54M$5.85M$4.26M$1.9985.35%27.25%155.13%N/A2023-02-06
CTRA
COTERRA ENERGY INC
$19.13B$9.00B$6.78B$3.97B$5.54435.38%39.87%522.47%N/A2023-02-22
TPL
TEXAS PACIFIC LAND CORP
$15.48B$661.89M$583.18M$425.68M$55.0675.07%36.74%81.06%37.46%2023-02-22
FANG
DIAMONDBACK ENERGY INC
$24.36B$9.64B$7.02B$4.38B$24.6873.79%57.60%1,192.15%42.43%2023-02-21
BRY
BERRY CORP (BRY)
$699.35M$931.74M$386.29M$187.03M$2.40133.97%N/AN/AN/A2023-02-22
DMLP
DORCHESTER MINERALS LP
$1.09B$162.22M$136.67M$121.59M$3.30115.63%27.31%126.03%27.75%2023-02-22
EPM
EVOLUTION PETROLEUM CORP
$202.28M$129.84M$59.06M$38.12M$1.13182.36%29.76%N/A35.22%2023-02-07
DVN
DEVON ENERGY CORP
$39.78B$19.14B$10.36B$6.32B$9.56107.78%28.08%469.05%8.05%2023-02-14
ROCC
RANGER OIL CORP
$1.76B$1.10B$471.29M$200.80M$10.28161.38%50.06%N/A32.26%2023-03-06
EOG
EOG RESOURCES INC
$73.20B$25.03B$13.29B$7.47B$12.8260.81%19.50%146.54%264.23%2023-02-23
MUR
MURPHY OIL CORP
$6.47B$3.70B$2.15B$934.05M$6.0295.52%11.29%N/AN/A
PNRG
PRIMEENERGY RESOURCES CORP
$175.34M$133.51M$87.41M$42.40M$21.55140.40%13.07%N/A21.71%2023-03-01
GPRK
GEOPARK LTD
$845.74M$1.02B$519.33M$209.17M$3.4972.23%29.15%N/AN/A2023-03-07
PDCE
PDC ENERGY INC
$5.87B$3.82B$3.06B$1.90B$19.70198.55%35.38%4,004.17%N/A2023-02-22
REPX
RILEY EXPLORATION PERMIAN INC
$653.39M$300.95M$175.49M$112.60M$5.7699.26%130.77%N/AN/A2023-02-06
PXD
PIONEER NATURAL RESOURCES CO
$52.27B$23.50B$11.76B$7.13B$29.5092.92%38.25%406.87%108.99%2023-02-22
EGY
VAALCO ENERGY INC
$492.02M$314.12M$148.40M$68.50M$1.15102.33%33.10%55.41%95.76%2023-03-07
HES
HESS CORP
$42.41B$10.77B$4.97B$1.86B$6.0359.69%14.47%857.14%N/A
EQT
EQT CORP
$11.47B$7.86B$4.56B$1.86B$6.331,545.38%26.77%N/A101.62%2023-02-15
VET
VERMILION ENERGY INC
$2.36B$2.43B$1.66B$921.34M$5.6498.64%26.49%58.91%75.47%2023-03-08
PR
PERMIAN RESOURCES CORP
$5.68B$1.69B$1.08B$592.74M$2.0895.71%41.86%N/A71.55%2023-02-21
SBOW
SILVERBOW RESOURCES INC
$543.69M$705.79M$441.95M$281.35M$16.45128.18%31.42%N/A36.91%2023-03-01
STR
SITIO ROYALTIES CORP
$2.20B$245.74M$238.04M$145.01M$1.51225.99%N/AN/AN/A2023-03-08
CIVI
CIVITAS RESOURCES INC
$5.53B$3.49B$2.28B$1.13B$15.64622.38%N/A361.36%N/A2023-03-06
APA
APA CORP
$13.52B$12.16B$6.80B$3.61B$10.4878.38%16.34%563.29%43.37%2023-02-22
MTDR
MATADOR RESOURCES CO
$7.35B$2.92B$2.06B$1.18B$9.97120.83%43.72%315.42%37.35%2023-02-21
CNQ
CANADIAN NATURAL RESOURCES LTD
$65.68B$30.53B$16.15B$8.72B$7.5855.59%19.14%100.97%34.66%2023-03-01
ESTE
EARTHSTONE ENERGY INC
$1.88B$1.34B$713.11M$362.63M$4.17330.42%72.68%N/AN/A2023-03-08
CRK
COMSTOCK RESOURCES INC
$2.78B$3.32B$1.89B$963.96M$4.14125.59%70.44%N/AN/A2023-02-14
PHX
PHX MINERALS INC
$126.39M$53.50M$33.05M$20.41M$0.59143.47%2.90%N/A22.95%2023-02-08
CHRD
CHORD ENERGY CORP
$5.93B$3.06B$1.97B$1.70B$63.21N/AN/AN/AN/A2023-02-21
VTLE
VITAL ENERGY INC
$889.77M$2.03B$1.18B$729.56M$46.1682.29%21.48%N/A34.21%2023-02-21
COP
CONOCOPHILLIPS
$134.71B$78.86B$35.46B$18.06B$13.94105.17%20.45%314.88%N/A
KRP
KIMBELL ROYALTY PARTNERS LP
$1.03B$235.07M$163.21M$103.53M$1.64127.72%61.06%N/AN/A2023-02-23
GPOR
GULFPORT ENERGY CORP
$1.21B$1.12B$618.08M$298.62M$14.58N/AN/AN/AN/A2023-03-02
OVV
OVINTIV INC
$11.52B$12.59B$5.26B$3.69B$14.3683.89%25.43%N/A29.45%2023-02-27
SM
SM ENERGY CO
$3.95B$3.54B$2.31B$1.28B$10.5569.63%24.83%N/AN/A2023-02-22
CPE
CALLON PETROLEUM CO
$2.48B$3.22B$1.76B$1.22B$20.9495.36%58.94%N/A31.13%2023-02-21
BRN
BARNWELL INDUSTRIES INC
$24.69M$28.55M$8.64M$5.51M$0.5757.59%16.98%-21.92%32.42%2023-02-09
REI
RING ENERGY INC
$390.68M$307.22M$216.64M$148.25M$1.3582.88%41.99%N/A53.19%2023-03-14
MRO
MARATHON OIL CORP
$16.53B$8.10B$5.79B$3.74B$5.2080.19%12.45%N/AN/A2023-02-15
NOG
NORTHERN OIL & GAS INC
$2.49B$1.52B$1.10B$765.53M$10.39567.01%48.80%N/A91.83%2023-02-23
RRC
RANGE RESOURCES CORP
$5.80B$4.08B$1.87B$1.26B$5.10108.09%13.32%N/AN/A2023-02-27
PED
PEDEVCO CORP
$88.36M$28.63M$13.23M$4.15M$0.05112.16%54.47%N/AN/A2023-03-09
GTE
GRAN TIERRA ENERGY INC
$331.64M$695.04M$440.92M$168.28M$0.4677.20%12.47%N/AN/A2023-02-20
CRC
CALIFORNIA RESOURCES CORP
$3.00B$2.66B$1.22B$1.16B$14.69N/AN/AN/AN/A2023-02-23
GRNT
GRANITE RIDGE RESOURCES INC
$1.00B$273.52M$214.44M$139.54MN/A91.77%N/AN/AN/A2023-03-01
SWN
SOUTHWESTERN ENERGY CO
$5.87B$14.57B$2.72B$1.31B$2.37223.83%36.47%N/A23.95%2023-02-23
CHK
CHESAPEAKE ENERGY CORP
$11.33B$10.70B$4.64B$2.79B$24.99N/AN/AN/AN/A2023-02-21
CPG
CRESCENT POINT ENERGY CORP
$3.91B$2.51B$2.83B$1.52B$2.6465.36%3.84%-6.86%N/A2023-03-02
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$46.99M$63.11M$25.61M$14.27MN/A233.43%N/AN/AN/A
KOS
KOSMOS ENERGY LTD
$3.38B$2.31B$1.39B$439.54M$0.99104.75%28.43%N/AN/A2023-02-27
HPK
HIGHPEAK ENERGY INC
$3.12B$596.44M$420.03M$205.98M$1.79348.36%N/A1,276.92%N/A2023-03-06
OXY
OCCIDENTAL PETROLEUM CORP
$55.66B$36.78B$21.95B$12.11B$12.8869.86%24.07%N/A78.54%2023-02-27
AR
ANTERO RESOURCES CORP
$8.25B$7.44B$3.48B$2.07B$6.73110.64%21.69%N/AN/A2023-02-15
ERF
ENERPLUS CORP
$3.79B$2.15B$1.37B$767.75M$3.20156.65%26.42%N/A-1.80%2023-02-23
TELL
TELLURIAN INC
$1.09B$310.97M-$81.12M-$122.10M-$0.26433.20%N/AN/AN/A2023-02-21
GBR
NEW CONCEPT ENERGY INC
$6.83M$180.00k$115.00k$120.00k$0.0376.47%-26.11%N/A-24.21%2023-03-20
BATL
BATTALION OIL CORP
$158.71M$366.77M$117.44M$52.13M$3.1950.77%N/AN/AN/A2023-03-06
HUSA
HOUSTON AMERICAN ENERGY CORP
$35.64M$1.72M-$523.82k-$909.31k-$0.1053.19%45.98%N/AN/A2023-03-29
TALO
TALOS ENERGY INC
$1.54B$1.69B$1.04B$460.18M$5.5764.93%N/AN/AN/A2023-02-28
USEG
US ENERGY CORP
$60.81M$36.19M$4.59M-$634.00k-$0.30561.76%42.80%N/AN/A2023-03-27
ALPS
ALPINE SUMMIT ENERGY PARTNERS INC
$142.59M$146.29M$100.86M$34.45M$0.792,389.78%N/AN/AN/A
EP
EMPIRE PETROLEUM CORP
$291.23M$55.37M$4.37M$754.05k-$0.05196.35%N/AN/AN/A
OBE
OBSIDIAN ENERGY LTD
$521.00M$531.39M$336.42M$146.06M$1.7780.52%8.62%-55.99%N/A2023-02-23
NEXT
NEXTDECADE CORP
$1.00B$0.00-$48.33M-$72.24M-$0.57N/AN/AN/AN/A2023-03-27
PBT
PERMIAN BASIN ROYALTY TRUST
$1.10B$42.44MN/A$41.53M$0.89308.31%6.82%345.00%6.82%2023-02-28
WTI
W&T OFFSHORE INC
$836.06M$896.89M$497.64M$236.60M$1.6584.10%13.64%N/A9.67%2023-03-06
AMPY
AMPLIFY ENERGY CORP
$306.77M$452.56M$99.99M$59.92M$1.5847.92%15.11%N/A-2.36%2023-03-07
CNX
CNX RESOURCES CORP
$2.94B$915.57M$50.95M-$686.34M-$3.87891.90%39.42%N/AN/A
DEN
DENBURY INC
$4.15B$1.70B$735.57M$525.68M$10.24N/AN/AN/AN/A2023-02-23
CKX
CKX LANDS INC
$19.87M$1.03M-$271.32k-$293.97k-$0.1650.67%0.17%N/AN/A
VIVK
VIVAKOR INC
$26.01M$11.77M-$7.98M-$9.77M-$0.62946.85%N/AN/AN/A
CEI
CAMBER ENERGY INC
$28.62M$601.71k-$5.97M-$87.50M$39.5084.71%-39.85%N/AN/A2023-02-14
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$1.36B$4.55B$104.50M-$178.80M-$2.2660.53%4.22%N/AN/A2023-02-23
CRGY
CRESCENT ENERGY CO
$1.89BN/AN/AN/AN/AN/AN/AN/AN/A2023-03-08
INDO
INDONESIA ENERGY CORP LTD
$55.03M$3.73M-$3.03M-$4.21M-$0.5684.90%N/AN/AN/A2023-03-01
WDS
WOODSIDE ENERGY GROUP LTD
$47.13BN/AN/AN/AN/AN/AN/AN/AN/A2023-02-27
VTS
VITESSE ENERGY INC
N/AN/AN/AN/AN/AN/AN/AN/AN/A
TXO
MORNINGSTAR PARTNERS LP
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 Feb 2023?

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

1. Epsilon Energy (NASDAQ:EPSN)


Epsilon Energy (NASDAQ:EPSN) is the top oil and gas stock with a Zen Score of 67, which is 29 points higher than the oil and gas industry average of 38. It passed 25 out of 38 due diligence checks and has strong fundamentals. Epsilon Energy has seen its stock return 3.78% over the past year, underperforming other oil and gas stocks by -31 percentage points.

2. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) is the second best oil and gas stock with a Zen Score of 66, which is 28 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 30.93% over the past year, underperforming other oil and gas stocks by -4 percentage points.

Black Stone Minerals has an average 1 year price target of $19.75, an upside of 24.76% from Black Stone Minerals's current stock price of $15.83.

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. Magnolia Oil & Gas (NYSE:MGY)


Magnolia Oil & Gas (NYSE:MGY) is the third best oil and gas stock with a Zen Score of 63, which is 25 points higher than the oil and gas industry average of 38. It passed 25 out of 38 due diligence checks and has strong fundamentals. Magnolia Oil & Gas has seen its stock return 1.23% over the past year, underperforming other oil and gas stocks by -33 percentage points.

Magnolia Oil & Gas has an average 1 year price target of $31.50, an upside of 36.36% from Magnolia Oil & Gas's current stock price of $23.10.

Magnolia Oil & Gas stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Magnolia Oil & Gas, 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 45 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 14.71%, which is 10 percentage points higher than the oil and gas industry average of 4.62%. Berry's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Berry's dividend has shown consistent growth over the last 10 years.

Berry's dividend payout ratio of 38.8% indicates that its high dividend yield is sustainable for the long-term.

2. Dorchester Minerals (NASDAQ:DMLP)


Dorchester Minerals (NASDAQ:DMLP) has an annual dividend yield of 13.17%, which is 9 percentage points higher than the oil and gas industry average of 4.62%. 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 106% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 12.73%, which is 8 percentage points higher than the oil and gas industry average of 4.62%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% four 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 84.8% 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 1.47% in the last day, and down -4.39% over the last week.

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

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 100, which is 60 points higher than the oil and gas industry average of 40. It passed 7 out of 7 valuation due diligence checks.

Epsilon Energy's stock has gained 3.78% in the past year. It has underperformed other stocks in the oil and gas industry by -31 percentage points.

2. Berry (NASDAQ:BRY)


Berry (NASDAQ:BRY) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Berry has a valuation score of 86, which is 46 points higher than the oil and gas industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Berry's stock has gained 2.82% in the past year. It has underperformed other stocks in the oil and gas industry by -32 percentage points.

3. Primeenergy Resources (NASDAQ:PNRG)


Primeenergy Resources (NASDAQ:PNRG) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Primeenergy Resources has a valuation score of 86, which is 46 points higher than the oil and gas industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Primeenergy Resources's stock has gained 28.14% 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?

52.94% 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 13.68% 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 7.43x.
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.