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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CHRD
CHORD ENERGY CORP
$6.52B0.86%56.70%$1.3600$1.3614%4
CRK
COMSTOCK RESOURCES INC
$2.48B5.62%19.90%$0.1250$0.5082%12023-12-15
SD
SANDRIDGE ENERGY INC
$518.54M15.74%47.10%$0.1000$2.2098%1
CIVI
CIVITAS RESOURCES INC
$6.48B11.53%87.60%$1.7400$7.9695%12023-12-142023-12-29
MGY
MAGNOLIA OIL & GAS CORP
$4.33B2.20%16.30%$0.1150$0.4641%1
VTLE
VITAL ENERGY INC
$1.05BN/A0.00%N/AN/AN/AN/A
SM
SM ENERGY CO
$4.14B1.69%8.70%$0.1500$0.6032%1
SBOW
SILVERBOW RESOURCES INC
$776.87MN/A0.00%N/AN/AN/AN/A
TPL
TEXAS PACIFIC LAND CORP
$11.87B0.42%25.00%$3.2500$6.505%32023-12-15
VET
VERMILION ENERGY INC
$1.86B2.48%6.60%$0.0740$0.2845%42023-12-282024-01-15
FANG
DIAMONDBACK ENERGY INC
$26.62B5.37%39.00%$3.3700$7.9980%2
CTRA
COTERRA ENERGY INC
$18.58B4.74%56.90%$0.2000$1.1775%3
HPK
HIGHPEAK ENERGY INC
$1.83B0.35%6.60%$0.0250$0.054%1
MUR
MURPHY OIL CORP
$6.39B2.66%22.40%$0.2750$1.1048%2
MXC
MEXCO ENERGY CORP
$21.05M1.00%7.40%$0.1000$0.1016%0
APA
APA CORP
$10.57B1.45%19.90%$0.2500$0.5027%1
EOG
EOG RESOURCES INC
$69.37B4.88%42.80%$0.8250$5.8076%72023-12-142023-12-29
BSM
BLACK STONE MINERALS LP
$3.66B11.66%89.70%$0.4750$1.9095%2
ERF
ENERPLUS CORP
$3.12B1.53%7.40%$0.0600$0.2328%42023-12-15
VIST
VISTA ENERGY SAB DE CV
$2.89BN/A0.00%N/AN/AN/AN/A
AR
ANTERO RESOURCES CORP
$6.29BN/A0.00%N/AN/AN/AN/A
EQT
EQT CORP
$15.27B1.64%7.50%$0.1575$0.6130%0
CHK
CHESAPEAKE ENERGY CORP
$9.84B0.77%14.90%$0.5750$0.5812%2
SWN
SOUTHWESTERN ENERGY CO
$6.83BN/A0.00%N/AN/AN/AN/A
GPRK
GEOPARK LTD
$485.98M6.07%21.90%$0.1340$0.5384%22023-12-11
PHX
PHX MINERALS INC
$121.73M2.96%21.50%$0.0300$0.1053%1
EPSN
EPSILON ENERGY LTD
$113.46M4.88%41.70%$0.0625$0.2576%02023-12-142023-12-29
MRO
MARATHON OIL CORP
$14.10B1.70%14.20%$0.1100$0.4132%22023-12-11
MTDR
MATADOR RESOURCES CO
$6.45B1.20%7.70%$0.2000$0.6521%0
REPX
RILEY EXPLORATION PERMIAN INC
$538.43M5.24%27.00%$0.3600$1.3879%0
PR
PERMIAN RESOURCES CORP
$10.02B2.86%29.70%$0.1200$0.3751%0
HES
HESS CORP
$41.31B1.25%35.20%$0.4375$1.6923%02023-12-152023-12-29
EGY
VAALCO ENERGY INC
$472.16M5.57%68.80%$0.0625$0.2581%02023-12-21
CNQ
CANADIAN NATURAL RESOURCES LTD
$67.85B5.39%55.10%$0.7366$3.3680%22024-01-05
EPM
EVOLUTION PETROLEUM CORP
$203.59M7.88%61.50%$0.1200$0.4889%22023-12-142023-12-29
PXD
PIONEER NATURAL RESOURCES CO
$52.04B6.26%75.90%$3.2000$13.9685%42023-12-22
WDS
WOODSIDE ENERGY GROUP LTD
$37.27B4.08%67.30%$0.8000$0.8068%0
CRC
CALIFORNIA RESOURCES CORP
$3.44B0.56%17.50%$0.2830$0.288%02023-12-15
PNRG
PRIMEENERGY RESOURCES CORP
$185.72MN/A0.00%N/AN/AN/AN/A
GPOR
GULFPORT ENERGY CORP
$2.51BN/A0.00%N/AN/AN/AN/A
NOG
NORTHERN OIL & GAS INC
$3.70B3.78%17.90%$0.3800$1.3964%02023-12-272024-01-31
OBE
OBSIDIAN ENERGY LTD
$567.07MN/A0.00%$0.0525N/AN/A1
RRC
RANGE RESOURCES CORP
$7.17B1.08%5.70%$0.0800$0.3218%12023-12-142023-12-29
DMLP
DORCHESTER MINERALS LP
$1.19B11.32%128.20%$0.8451$3.4095%10
DVN
DEVON ENERGY CORP
$28.22B4.76%58.60%$0.4900$2.1075%62023-12-142023-12-29
TALO
TALOS ENERGY INC
$1.67BN/A0.00%N/AN/AN/AN/A
CPE
CALLON PETROLEUM CO
$2.03BN/A0.00%N/AN/AN/AN/A
STR
SITIO ROYALTIES CORP
$3.31B1.90%1,233.30%$0.4000$0.4035%4
WTI
W&T OFFSHORE INC
$467.57M0.31%0.00%$0.0100$0.013%2
OVV
OVINTIV INC
$11.36B2.64%10.80%$0.3000$1.1048%12023-12-142023-12-29
AMPY
AMPLIFY ENERGY CORP
$231.06MN/A0.00%$0.1000N/AN/A1
BRY
BERRY CORP (BRY)
$526.64M2.01%205.00%$0.1400$0.1437%4
KRP
KIMBELL ROYALTY PARTNERS LP
$1.41B11.63%131.50%$0.5100$1.7395%5
BTE
BAYTEX ENERGY CORP
$2.77B0.51%1.90%$0.0166$0.027%22023-12-142024-01-02
CNX
CNX RESOURCES CORP
$3.19BN/A0.00%$0.0069N/AN/A1
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$1.38BN/A0.00%$0.6850N/AN/A0
PED
PEDEVCO CORP
$68.84MN/A0.00%N/AN/AN/AN/A
REI
RING ENERGY INC
$303.23MN/A0.00%N/AN/AN/AN/A
KOS
KOSMOS ENERGY LTD
$2.92BN/A0.00%$0.0452N/AN/A0
COP
CONOCOPHILLIPS
$133.07B4.11%49.30%$0.5800$4.6169%8
HUSA
HOUSTON AMERICAN ENERGY CORP
$19.20MN/A0.00%N/AN/AN/AN/A
CPG
CRESCENT POINT ENERGY CORP
$3.63B5.44%-30.60%$0.0145$0.3781%102023-12-142024-01-02
GRNT
GRANITE RIDGE RESOURCES INC
$792.70M1.85%N/A$0.1100$0.1134%02023-12-15
INDO
INDONESIA ENERGY CORP LTD
$26.57MN/A0.00%N/AN/AN/AN/A
TXO
TXO PARTNERS LP
$564.26M2.62%N/A$0.4800$0.4847%0
CKX
CKX LANDS INC
$25.23MN/A0.00%$0.1200N/AN/A0
HHRS
HAMMERHEAD ENERGY INC
$1.35BN/A0.00%N/AN/AN/AN/A
BRN
BARNWELL INDUSTRIES INC
$24.68M2.43%-60.00%$0.0150$0.0644%0
GTE
GRAN TIERRA ENERGY INC
$196.07MN/A0.00%N/AN/AN/AN/A
OXY
OCCIDENTAL PETROLEUM CORP
$49.71B1.28%13.40%$0.1800$0.7223%12024-01-16
BATL
BATTALION OIL CORP
$84.26MN/A0.00%N/AN/AN/AN/A
USEG
US ENERGY CORP
$27.80M4.13%-7.90%$0.0225$0.0569%0
EP
EMPIRE PETROLEUM CORP
$202.60MN/A0.00%N/AN/AN/AN/A
CRGY
CRESCENT ENERGY CO
$2.07B1.04%71.60%$0.1200$0.1217%1
TELL
TELLURIAN INC
$473.59MN/A0.00%N/AN/AN/AN/A
TPET
TRIO PETROLEUM CORP
$9.18MN/A0.00%N/AN/AN/AN/A
VIVK
VIVAKOR INC
$24.12MN/A0.00%N/AN/AN/AN/A
MNR
MACH NATURAL RESOURCES LP
$1.62BN/AN/AN/AN/AN/AN/A
VTS
VITESSE ENERGY INC
$662.97MN/AN/AN/AN/AN/AN/A
KGEI
KOLIBRI GLOBAL ENERGY INC
$136.07MN/AN/AN/AN/AN/AN/A
CEI
CAMBER ENERGY INC
$25.81MN/A0.00%N/AN/AN/AN/A
NEXT
NEXTDECADE CORP
$1.30BN/A0.00%N/AN/AN/AN/A
GFR
GREENFIRE RESOURCES LTD
$396.07MN/AN/AN/AN/AN/AN/A

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Dec 2023?

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

1. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the top oil and gas stock with a Zen Score of 57, which is 22 points higher than the oil and gas industry average of 35. It passed 22 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 19.55% over the past year, overperforming other oil and gas stocks by 37 percentage points.

Chord Energy has an average 1 year price target of $194.43, an upside of 23.03% from Chord Energy's current stock price of $158.04.

Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Chord Energy, 71.43% have issued a Strong Buy rating, 28.57% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Civitas Resources (NYSE:CIVI)


Civitas Resources (NYSE:CIVI) is the second best oil and gas stock with a Zen Score of 56, which is 21 points higher than the oil and gas industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Civitas Resources has seen its stock return 22.45% over the past year, overperforming other oil and gas stocks by 39 percentage points.

Civitas Resources has an average 1 year price target of $92.60, an upside of 34.11% from Civitas Resources's current stock price of $69.05.

Civitas Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Civitas Resources, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Comstock Resources (NYSE:CRK)


Comstock Resources (NYSE:CRK) is the third best oil and gas stock with a Zen Score of 56, which is 21 points higher than the oil and gas industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Comstock Resources has seen its stock lose -37% over the past year, underperforming other oil and gas stocks by -20 percentage points.

Comstock Resources has an average 1 year price target of $13.25, an upside of 49.04% from Comstock Resources's current stock price of $8.89.

Comstock Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Comstock Resources, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% 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 50 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. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 15.74%, which is 12 percentage points higher than the oil and gas industry average of 3.83%.

Sandridge Energy's dividend payout ratio of 47.1% indicates that its high dividend yield is sustainable for the long-term.

2. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) has an annual dividend yield of 11.66%, which is 8 percentage points higher than the oil and gas industry average of 3.83%. Black Stone Minerals's dividend payout is not stable, having dropped more than 10% two 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 89.7% indicates that its high dividend yield is sustainable for the long-term.

3. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 11.63%, which is 8 percentage points higher than the oil and gas industry average of 3.83%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% five 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 131.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are oil and gas stocks up?

Oil and gas stocks were up 1.51% in the last day, and down -7.07% 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 86, which is 44 points higher than the oil and gas industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -20.99% in the past year. It has underperformed other stocks in the oil and gas industry by -4 percentage points.

2. Diamondback Energy (NASDAQ:FANG)


Diamondback Energy (NASDAQ:FANG) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Diamondback Energy has a valuation score of 86, which is 44 points higher than the oil and gas industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Diamondback Energy's stock has gained 11.93% in the past year. It has overperformed other stocks in the oil and gas industry by 29 percentage points.

3. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Chord Energy has a valuation score of 86, which is 44 points higher than the oil and gas industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 19.55% in the past year. It has overperformed other stocks in the oil and gas industry by 37 percentage points.

Are oil and gas stocks a good buy now?

56.67% 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 18.81% 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 11.15x.
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.