Sectors & Industries EnergyOil & 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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
VIST	VISTA ENERGY SAB DE CV	Mexico	$4.64B	96,690,120	48.81%	0.00%
SM	SM ENERGY CO	United States	$4.59B	114,418,413	95.54%	4.46%	Net Selling	Net Selling
GPRK	GEOPARK LTD	Chile	$434.87M	55,327,520	32.93%	8.71%
REPX	RILEY EXPLORATION PERMIAN INC	United States	$550.39M	21,575,276	14.32%	85.68%	Net Selling	Net Selling
MTDR	MATADOR RESOURCES CO	United States	$6.32B	124,816,171	86.96%	13.04%	Net Selling	Net Buying
FANG	DIAMONDBACK ENERGY INC	United States	$32.06B	178,394,452	90.48%	7.86%	Net Selling	Net Selling
PNRG	PRIMEENERGY RESOURCES CORP	United States	$218.01M	1,751,771	4.16%	95.84%	Net Selling	Net Selling
CTRA	COTERRA ENERGY INC	United States	$16.94B	739,274,446	88.59%	2.94%	Net Selling
EQT	EQT CORP	United States	$14.29B	441,600,000	85.64%	14.36%	Net Selling	Net Selling
DMLP	DORCHESTER MINERALS LP	United States	$1.18B	40,088,612	19.26%	13.79%	Net Buying	Net Buying
HES	HESS CORP	United States	$38.91B	308,114,909	68.85%	31.15%	Net Selling
EGY	VAALCO ENERGY INC	United States	$568.51M	103,743,163	54.45%	12.53%	Net Buying	Net Selling
PR	PERMIAN RESOURCES CORP	United States	$10.63B	802,536,888	48.76%	51.24%	Net Selling	Net Selling
NOG	NORTHERN OIL & GAS INC	United States	$3.50B	100,172,478	43.58%	56.42%	Net Selling	Net Selling
MXC	MEXCO ENERGY CORP	United States	$24.32M	2,085,443	6.26%	68.61%	Net Buying
MGY	MAGNOLIA OIL & GAS CORP	United States	$4.69B	199,119,654	68.34%	31.66%	Net Selling
CNQ	CANADIAN NATURAL RESOURCES LTD	Canada	$70.70B	2,127,639,000	73.27%	0.00%
PHX	PHX MINERALS INC	United States	$126.74M	37,497,978	36.60%	33.35%	Net Selling	Net Buying
KGEI	KOLIBRI GLOBAL ENERGY INC	United States	$107.57M	35,735,965	26.91%	0.00%
DVN	DEVON ENERGY CORP	United States	$25.89B	626,200,000	73.22%	8.53%	Net Selling
GRNT	GRANITE RIDGE RESOURCES INC	United States	$779.23M	130,743,952	33.58%	46.10%	Net Selling	Net Buying
EOG	EOG RESOURCES INC	United States	$68.43B	568,599,571	91.80%	1.08%	Net Selling	Net Selling
COP	CONOCOPHILLIPS	United States	$123.12B	1,161,249,790	82.45%	0.46%	Net Selling	Net Selling
CIVI	CIVITAS RESOURCES INC	United States	$5.36B	98,349,643	52.83%	47.17%	Net Selling	Net Selling
BSM	BLACK STONE MINERALS LP	United States	$3.18B	225,400,422	14.02%	32.15%	Net Selling	Net Buying
KRP	KIMBELL ROYALTY PARTNERS LP	United States	$1.45B	95,493,771	30.84%	17.32%	Net Selling	Net Selling
CHK	CHESAPEAKE ENERGY CORP	United States	$9.30B	131,275,152	86.08%	13.92%	Net Selling	Net Selling
GPOR	GULFPORT ENERGY CORP	United States	$2.49B	18,107,078	77.49%	22.51%	Net Selling	Net Selling
MUR	MURPHY OIL CORP	United States	$5.22B	150,887,425	81.61%	12.16%	Net Selling
APA	APA CORP	United States	$9.34B	369,904,843	83.82%	1.24%	Net Selling
REI	RING ENERGY INC	United States	$313.11M	198,172,372	37.29%	62.71%	Net Selling	Net Selling
RRC	RANGE RESOURCES CORP	United States	$6.82B	242,089,178	93.25%	6.75%	Net Buying	Net Buying
HPK	HIGHPEAK ENERGY INC	United States	$1.75B	127,379,000	11.76%	88.24%	Net Buying	Net Buying
CRGY	CRESCENT ENERGY CO	United States	$1.90B	177,464,725	53.09%	27.67%	Net Selling	Net Buying
PED	PEDEVCO CORP	United States	$76.61M	89,285,267	0.97%	99.03%	Net Selling
EPSN	EPSILON ENERGY LTD	United States	$113.77M	21,963,019	34.06%	65.94%	Net Selling	Net Buying
CRC	CALIFORNIA RESOURCES CORP	United States	$3.27B	67,876,933	86.28%	13.72%	Net Selling	Net Buying
TPL	TEXAS PACIFIC LAND CORP	United States	$18.35B	22,980,620	65.88%	18.57%	Net Buying	Net Buying
AR	ANTERO RESOURCES CORP	United States	$7.92B	311,007,000	13.10%	86.90%	Net Selling	Net Selling
VTLE	VITAL ENERGY INC	United States	$1.08B	38,177,190	17.32%	82.68%	Net Selling	Net Buying
CKX	CKX LANDS INC	United States	$27.55M	2,027,032	9.01%	72.88%	Net Selling	Net Selling
KOS	KOSMOS ENERGY LTD	United States	$1.96B	471,816,671	54.68%	45.32%	Net Selling
CHRD	CHORD ENERGY CORP	United States	$8.31B	61,879,575	93.44%	1.59%	Net Selling	Net Selling
TALO	TALOS ENERGY INC	United States	$1.97B	180,153,856	48.70%	51.30%	Net Buying	Net Buying
OVV	OVINTIV INC	United States	$10.62B	263,608,160	80.28%	0.86%	Net Selling	Net Selling
DEC	DIVERSIFIED ENERGY CO PLC	United States	$520.10M	46,856,000	35.48%	0.00%
SD	SANDRIDGE ENERGY INC	United States	$445.06M	37,181,630	66.18%	1.98%	Net Buying	Net Buying
VTS	VITESSE ENERGY INC	United States	$717.85M	29,504,804	51.99%	25.53%	Net Selling	Net Selling
MRO	MARATHON OIL CORP	United States	$14.95B	559,383,423	75.44%	1.13%	Net Selling
AMPY	AMPLIFY ENERGY CORP	United States	$251.17M	39,742,600	15.49%	84.51%	Net Selling	Net Selling
INDO	INDONESIA ENERGY CORP LTD	Indonesia	$28.06M	10,202,694	0.70%	0.00%
OBE	OBSIDIAN ENERGY LTD	Canada	$437.67M	76,248,971	17.86%	42.97%
OXY	OCCIDENTAL PETROLEUM CORP	United States	$47.12B	905,615,720	78.87%	9.81%	Net Buying	Net Buying
GTE	GRAN TIERRA ENERGY INC	Canada	$203.26M	30,750,334	13.75%	86.25%	Net Selling	Net Buying
EPM	EVOLUTION PETROLEUM CORP	United States	$157.78M	33,357,632	23.85%	76.15%	Net Selling	Net Selling
HUSA	HOUSTON AMERICAN ENERGY CORP	United States	$10.75M	10,906,353	11.31%	80.91%
VRN	VEREN INC	Canada	$3.96B	619,027,284	47.25%	0.00%
BTE	BAYTEX ENERGY CORP	Canada	$2.47B	804,977,000	24.64%	0.00%
BRN	BARNWELL INDUSTRIES INC	United States	$21.76M	10,028,090	12.47%	87.53%	Net Buying	Net Buying
CRK	COMSTOCK RESOURCES INC	United States	$2.78B	292,260,645	10.72%	89.28%	Net Buying	Net Buying
TELL	TELLURIAN INC	United States	$822.26M	893,759,536	25.82%	28.94%	Net Selling	Net Selling
TXO	TXO PARTNERS LP	United States	$709.49M	38,413,332	9.06%	90.94%	Net Selling	Net Buying
SWN	SOUTHWESTERN ENERGY CO	United States	$6.66B	1,102,981,706	88.04%	1.74%	Net Selling
WTI	W&T OFFSHORE INC	United States	$297.31M	147,182,248	28.98%	71.02%	Net Selling	Net Selling
CNX	CNX RESOURCES CORP	United States	$4.09B	151,226,872	72.72%	27.28%	Net Buying	Net Buying
VET	VERMILION ENERGY INC	Canada	$1.49B	162,271,071	36.95%	0.00%
WDS	WOODSIDE ENERGY GROUP LTD	Australia	$30.17B	1,898,749,771	1.43%	0.00%
STR	SITIO ROYALTIES CORP	United States	$3.21B	154,256,470	43.57%	56.43%	Net Selling
TBN	TAMBORAN RESOURCES CORP	Australia	N/A	17,555,872	11.04%	27.54%	Net Buying	Net Buying
EP	EMPIRE PETROLEUM CORP	United States	$154.71M	31,381,647	10.81%	67.09%	Net Buying	Net Buying
TPET	TRIO PETROLEUM CORP	United States	$8.61M	50,328,328	1.59%	8.65%	Net Selling	Net Selling
USEG	US ENERGY CORP	United States	$24.41M	28,052,959	0.92%	99.08%	Net Selling
BATL	BATTALION OIL CORP	United States	$45.42M	16,456,563	80.91%	0.72%
BRY	BERRY CORP (BRY)	United States	$407.78M	76,938,994	47.73%	52.27%	Net Selling	Net Selling
GFR	GREENFIRE RESOURCES LTD	Canada	$475.93M	69,276,410	36.29%	0.00%
MNR	MACH NATURAL RESOURCES LP	United States	$1.54B	95,039,689	5.53%	94.47%	Net Selling	Net Selling
CLMT	CALUMET INC	United States	$1.52B	85,893,687	18.85%	81.15%	Net Selling
LB	LANDBRIDGE CO LLC	United States	$2.54B	73,151,603	7.90%	92.10%	Net Buying	Net Buying
NEXT	NEXTDECADE CORP	United States	$1.22B	259,474,273	34.75%	65.25%	Net Selling	Net Selling

Oil and Gas Stocks FAQ

What are the best oil and gas stocks to buy right now in Sep 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 64, which is 33 points higher than the oil and gas industry average of 31. It passed 22 out of 33 due diligence checks and has strong fundamentals. Vista Energy Sab De Cv has seen its stock return 85.48% over the past year, overperforming other oil and gas stocks by 88 percentage points.

Vista Energy Sab De Cv has an average 1 year price target of $57.00, an upside of 18.7% from Vista Energy Sab De Cv's current stock price of $48.02.

Vista Energy Sab De Cv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Vista Energy Sab De Cv, 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.

2. Sm Energy Co (NYSE:SM)

Sm Energy Co (NYSE:SM) is the second best oil and gas stock with a Zen Score of 63, which is 32 points higher than the oil and gas industry average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock lose -5.51% over the past year, underperforming other oil and gas stocks by -3 percentage points.

Sm Energy Co has an average 1 year price target of $55.38, an upside of 37.99% from Sm Energy Co's current stock price of $40.13.

Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Sm Energy Co, 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.

3. Geopark (NYSE:GPRK)

Geopark (NYSE:GPRK) is the third best oil and gas stock with a Zen Score of 60, which is 29 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 lose -16.65% over the past year, underperforming other oil and gas stocks by -14 percentage points.

Geopark has an average 1 year price target of $14.00, an upside of 78.12% from Geopark's current stock price of $7.86.

Geopark stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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 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:

1. Barnwell Industries (NYSEMKT:BRN)

Barnwell Industries (NYSEMKT:BRN) has an annual dividend yield of N/A, which is N/A percentage points lower than the oil and gas industry average of 4.17%. Barnwell Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Barnwell Industries's dividend has not shown consistent growth over the last 10 years.

Barnwell Industries's dividend payout ratio of -3.9% indicates that its 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 12.18%, which is 8 percentage points higher than the oil and gas industry average of 4.17%. Kimbell Royalty Partners's dividend payout is not stable, having dropped more than 10% seven 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 379.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Black Stone Minerals (NYSE:BSM)

Black Stone Minerals (NYSE:BSM) has an annual dividend yield of 12.06%, which is 8 percentage points higher than the oil and gas industry average of 4.17%. 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 119.2% 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 -1.34% in the last day, and down -7.97% 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. Chord Energy (NASDAQ:CHRD)

Chord Energy (NASDAQ:CHRD) is the most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Chord Energy has a valuation score of 71, which is 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Chord Energy's stock has dropped -17.82% in the past year. It has underperformed other stocks in the oil and gas industry by -15 percentage points.

2. Obsidian Energy (NYSEMKT:OBE)

Obsidian Energy (NYSEMKT:OBE) is the second most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Obsidian Energy has a valuation score of 71, which is 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Obsidian Energy's stock has dropped -22.22% in the past year. It has underperformed other stocks in the oil and gas industry by -19 percentage points.

3. Ring Energy (NYSEMKT:REI)

Ring Energy (NYSEMKT:REI) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Ring Energy has a valuation score of 71, which is 41 points higher than the oil and gas industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Ring Energy's stock has dropped -18.97% in the past year. It has underperformed other stocks in the oil and gas industry by -16 percentage points.

Are oil and gas stocks a good buy now?

47.37% 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 30.76% 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 6.35x.

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.