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Best Oil and Gas Stocks to Buy Now (2026)

Top oil and gas stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best oil and gas stocks to buy now. Learn More.

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best oil stocks to buy right now are:

Riley Exploration Permian (NYSEMKT:REPX) is the #1 top oil and gas stock out of 73 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Riley Exploration Permian (NYSEMKT:REPX) is: Value: A, Growth: D, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: C.

Riley Exploration Permian (NYSEMKT:REPX) has a Due Diligence Score of 67, which is 37 points higher than the oil and gas industry average of 30.

REPX passed 24 out of 38 due diligence checks and has strong fundamentals. Riley Exploration Permian has seen its stock return 20.99% over the past year, underperforming other oil and gas stocks by -2 percentage points.

Riley Exploration Permian has an average 1 year price target of $36.00, an upside of 9.06% from Riley Exploration Permian's current stock price of $33.01.

Riley Exploration Permian stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Riley Exploration Permian, 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.

Gulfport Energy (NYSE:GPOR) is the #2 top oil and gas stock out of 73 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Gulfport Energy (NYSE:GPOR) is: Value: B, Growth: D, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.

Gulfport Energy (NYSE:GPOR) has a Due Diligence Score of 51, which is 21 points higher than the oil and gas industry average of 30.

GPOR passed 17 out of 33 due diligence checks and has strong fundamentals. Gulfport Energy has seen its stock return 22.96% over the past year.

Gulfport Energy has an average 1 year price target of $232.67, an upside of 10.03% from Gulfport Energy's current stock price of $211.45.

Gulfport Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Gulfport Energy, 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.

Ovintiv (NYSE:OVV) is the #3 top oil and gas stock out of 73 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Ovintiv (NYSE:OVV) is: Value: B, Growth: D, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.

Ovintiv (NYSE:OVV) has a Due Diligence Score of 50, which is 20 points higher than the oil and gas industry average of 30.

OVV passed 17 out of 38 due diligence checks and has strong fundamentals. Ovintiv has seen its stock return 41.97% over the past year, overperforming other oil and gas stocks by 19 percentage points.

Ovintiv has an average 1 year price target of $52.09, a downside of -0.3% from Ovintiv's current stock price of $52.25.

Ovintiv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Ovintiv, 36.36% have issued a Strong Buy rating, 36.36% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 35 oil and gas stocks that have issued dividends in the past year, the 3 oil and gas stocks with the highest dividend yields are:

Txo Partners (NYSE:TXO) has an annual dividend yield of 16.01%, which is 12 percentage points higher than the oil and gas industry average of 4.46%.

Txo Partners's dividend payout ratio of -469.8% indicates that its high dividend yield might not be sustainable for the long-term.

Mach Natural Resources (NYSE:MNR) has an annual dividend yield of 14.87%, which is 10 percentage points higher than the oil and gas industry average of 4.46%.

Mach Natural Resources's dividend payout ratio of 234% indicates that its high dividend yield might not be sustainable for the long-term.

Vitesse Energy (NYSE:VTS) has an annual dividend yield of 11.52%, which is 7 percentage points higher than the oil and gas industry average of 4.46%.

Vitesse Energy's dividend payout ratio of 336% indicates that its high dividend yield might not be sustainable for the long-term.

Oil and gas stocks were up 0.71% in the last day, and up 4.4% over the last week. Granite Ridge Resources was the among the top gainers in the oil & gas e&p industry, gaining 5.98% yesterday.

Granite Ridge Resources shares are trading lower after the company reported worse-than-expected Q4 financial results.

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued oil and gas stocks right now are:

Sm Energy Co (NYSE:SM) is the most undervalued oil and gas stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Sm Energy Co has a valuation score of 43, which is 12 points higher than the oil and gas industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Sm Energy Co's stock has dropped -4.93% in the past year. It has underperformed other stocks in the oil and gas industry by -28 percentage points.

Riley Exploration Permian (NYSEMKT:REPX) is the second most undervalued oil and gas stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Riley Exploration Permian has a valuation score of 71, which is 40 points higher than the oil and gas industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Riley Exploration Permian's stock has gained 20.99% in the past year. It has underperformed other stocks in the oil and gas industry by -2 percentage points.

Gulfport Energy (NYSE:GPOR) is the third most undervalued oil and gas stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Gulfport Energy has a valuation score of 57, which is 26 points higher than the oil and gas industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Gulfport Energy's stock has gained 22.96% in the past year. It has performed in line with other stocks in the oil and gas industry.

47.83% 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 10% over the next year.

0% of oil and gas stocks have a Zen Rating of A (Strong Buy), 1.56% of oil and gas stocks are rated B (Buy), 71.88% are rated C (Hold), 17.19% are rated D (Sell), and 9.38% are rated F (Strong Sell).