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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
MXC
MEXCO ENERGY CORP
United States
$24.38M2,142,0007.08%64.71%Net BuyingNet Buying
CTRA
COTERRA ENERGY INC
United States
$18.85B768,258,91192.82%2.77%Net SellingNet Selling
EPSN
EPSILON ENERGY LTD
United States
$122.43M22,926,44439.88%60.12%Net SellingNet Buying
GRNT
GRANITE RIDGE RESOURCES INC
United States
$781.96M133,212,5002.83%65.53%Net SellingNet Selling
SD
SANDRIDGE ENERGY INC
United States
$531.46M36,881,37760.88%1.39%Net SellingNet Selling
DMLP
DORCHESTER MINERALS LP
United States
$1.16B38,371,49319.91%14.24%Net BuyingNet Buying
FANG
DIAMONDBACK ENERGY INC
United States
$24.82B183,590,33087.59%7.68%Net SellingNet Selling
EPM
EVOLUTION PETROLEUM CORP
United States
$213.33M33,808,23324.79%75.21%Net SellingNet Selling
DVN
DEVON ENERGY CORP
United States
$33.10B654,000,00074.64%8.06%Net SellingNet Selling
EGY
VAALCO ENERGY INC
United States
$490.94M108,374,83848.81%11.05%Net SellingNet Selling
BSM
BLACK STONE MINERALS LP
United States
$3.52B224,394,85916.17%28.82%Net BuyingNet Selling
PNRG
PRIMEENERGY RESOURCES CORP
United States
$162.76M1,920,5002.13%97.87%Net SellingNet Selling
PXD
PIONEER NATURAL RESOURCES CO
United States
$48.00B235,004,15388.88%1.22%Net SellingNet Selling
MGY
MAGNOLIA OIL & GAS CORP
United States
$4.68B213,889,82762.24%37.76%Net SellingNet Selling
EOG
EOG RESOURCES INC
United States
$67.37B587,723,62289.04%1.04%Net BuyingNet Buying
KRP
KIMBELL ROYALTY PARTNERS LP
United States
$1.21B79,716,23331.37%13.62%Net SellingNet Selling
COP
CONOCOPHILLIPS
United States
$120.91B1,218,776,49481.11%0.44%Net SellingNet Selling
CPE
CALLON PETROLEUM CO
United States
$2.06B61,625,17053.44%46.56%Net SellingNet Buying
BRY
BERRY CORP (BRY)
United States
$594.77M75,767,50347.84%52.16%Net SellingNet Selling
GPRK
GEOPARK LTD
Chile
$654.59M57,621,99846.96%8.37%
CRK
COMSTOCK RESOURCES INC
United States
$2.99B277,510,16530.33%60.67%Net BuyingNet Buying
CNQ
CANADIAN NATURAL RESOURCES LTD
Canada
$61.03B1,102,636,00073.69%0.00%
CHRD
CHORD ENERGY CORP
United States
$5.60B41,626,55691.04%2.41%Net SellingNet Selling
CIVI
CIVITAS RESOURCES INC
United States
$5.48B80,209,86548.05%51.95%Net SellingNet Selling
REI
RING ENERGY INC
United States
$343.19M180,627,48430.72%69.28%Net BuyingNet Buying
MTDR
MATADOR RESOURCES CO
United States
$5.67B119,071,97585.55%13.63%Net SellingNet Buying
OVV
OVINTIV INC
United States
$8.79B243,643,10481.65%0.84%Net SellingNet Selling
TPL
TEXAS PACIFIC LAND CORP
United States
$13.09B7,695,49660.44%31.85%Net BuyingNet Buying
SM
SM ENERGY CO
United States
$3.43B121,931,67691.74%4.31%Net SellingNet Buying
WDS
WOODSIDE ENERGY GROUP LTD
Australia
$42.59B1,898,749,7711.80%0.00%
PDCE
PDC ENERGY INC
United States
$5.67B88,389,37297.03%2.84%Net SellingNet Selling
MRO
MARATHON OIL CORP
United States
$15.09B629,654,20477.95%1.01%Net SellingNet Selling
HES
HESS CORP
United States
$40.52B306,180,42470.19%29.81%Net SellingNet Selling
ROCC
RANGER OIL CORP
United States
$1.70B41,507,92839.55%0.35%Net SellingNet Selling
VET
VERMILION ENERGY INC
Canada
$2.12B163,226,61830.59%0.00%
CHK
CHESAPEAKE ENERGY CORP
United States
$10.24B134,719,82184.94%15.06%Net SellingNet Selling
VIST
VISTA ENERGY SAB DE CV
Mexico
$1.71B86,508,19446.17%0.00%
ERF
ENERPLUS CORP
Canada
$3.13B217,285,53752.06%0.00%
OXY
OCCIDENTAL PETROLEUM CORP
United States
$56.19B900,072,44779.24%9.74%Net BuyingNet Buying
MUR
MURPHY OIL CORP
United States
$5.76B155,762,64677.69%11.42%Net SellingNet Selling
VTLE
VITAL ENERGY INC
United States
$780.98M17,149,21510.22%89.78%Net SellingNet Selling
REPX
RILEY EXPLORATION PERMIAN INC
United States
$767.25M20,158,93411.51%88.49%Net SellingNet Selling
SBOW
SILVERBOW RESOURCES INC
United States
$513.52M22,473,73779.61%20.39%Net SellingNet Selling
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
Greece
$36.96M190,506,4602.12%0.00%
OBE
OBSIDIAN ENERGY LTD
Canada
$527.63M82,442,21012.46%39.74%
SWN
SOUTHWESTERN ENERGY CO
United States
$5.50B1,099,930,89783.28%1.59%Net SellingNet Selling
DEN
DENBURY INC
United States
$4.37B49,839,66697.00%3.00%Net SellingNet Selling
BRN
BARNWELL INDUSTRIES INC
United States
$21.90M9,956,68713.57%79.77%Net BuyingNet Buying
RRC
RANGE RESOURCES CORP
United States
$6.37B240,617,23788.06%7.04%Net BuyingNet Buying
AR
ANTERO RESOURCES CORP
United States
$6.82B295,249,36412.22%87.78%Net SellingNet Selling
GTE
GRAN TIERRA ENERGY INC
Canada
$304.27M346,151,15735.65%21.69%Net SellingNet Selling
APA
APA CORP
United States
$11.21B310,953,17479.66%1.41%Net SellingNet Selling
PED
PEDEVCO CORP
United States
$92.26M87,040,2671.34%98.66%Net BuyingNet Buying
ESTE
EARTHSTONE ENERGY INC
United States
$1.83B140,443,17236.22%63.78%Net SellingNet Selling
NOG
NORTHERN OIL & GAS INC
United States
$2.59B85,273,37735.31%64.69%Net SellingNet Selling
PR
PERMIAN RESOURCES CORP
United States
$5.87B558,963,16028.33%71.67%Net SellingNet Selling
GBR
NEW CONCEPT ENERGY INC
United States
$5.44M5,131,9341.92%98.08%
BTE
BAYTEX ENERGY CORP
Canada
$2.04B544,930,0720.01%0.00%
HPK
HIGHPEAK ENERGY INC
United States
$2.60B113,165,0279.71%86.36%Net BuyingNet Buying
CPG
CRESCENT POINT ENERGY CORP
Canada
$3.89B550,888,98333.87%0.00%
EQT
EQT CORP
United States
$11.50B360,360,13095.97%1.91%Net SellingNet Selling
PHX
PHX MINERALS INC
United States
$95.64M36,504,98036.88%37.18%Net BuyingNet Buying
TALO
TALOS ENERGY INC
United States
$1.88B126,370,21842.46%57.54%Net SellingNet Selling
WTI
W&T OFFSHORE INC
United States
$744.02M146,460,90236.99%63.01%Net Selling
USEG
US ENERGY CORP
United States
$44.04M25,023,8120.89%99.11%Net BuyingNet Selling
CRC
CALIFORNIA RESOURCES CORP
United States
$2.75B71,491,60298.71%1.29%Net SellingNet Selling
HUSA
HOUSTON AMERICAN ENERGY CORP
United States
$27.51M10,622,51812.06%83.19%Net Buying
BATL
BATTALION OIL CORP
United States
$108.08M16,450,40788.10%0.62%Net SellingNet Selling
TELL
TELLURIAN INC
United States
$693.13M563,518,41740.76%46.22%Net SellingNet Selling
VTS
VITESSE ENERGY INC
United States
$542.82M28,524,4350.00%24.52%Net BuyingNet Buying
ALPS
ALPINE SUMMIT ENERGY PARTNERS INC
Canada
$17.98M33,929,9210.50%23.16%
EP
EMPIRE PETROLEUM CORP
United States
$274.21M22,096,05510.73%36.98%Net BuyingNet Buying
GPOR
GULFPORT ENERGY CORP
United States
$1.51B18,847,84199.21%0.79%Net SellingNet Selling
CKX
CKX LANDS INC
United States
$18.62M1,974,4276.66%65.09%Net Selling
PBT
PERMIAN BASIN ROYALTY TRUST
United States
$1.14B46,608,79626.68%0.00%
AMPY
AMPLIFY ENERGY CORP
United States
$265.94M38,710,69614.07%85.93%Net SellingNet Selling
STR
SITIO ROYALTIES CORP
United States
$3.49B154,519,01449.80%50.20%Net BuyingNet Buying
CRGY
CRESCENT ENERGY CO
United States
$1.89B166,927,48615.22%24.55%Net Selling
KOS
KOSMOS ENERGY LTD
United States
$3.42B459,584,93451.98%48.02%Net SellingNet Selling
VIVK
VIVAKOR INC
United States
$20.77M18,064,8380.71%65.51%Net Buying
TXO
TXO ENERGY PARTNERS LP
United States
$710.63M30,750,0000.00%100.00%
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
United States
$1.39B79,835,80114.04%85.96%Net BuyingNet Selling
NEXT
NEXTDECADE CORP
United States
$748.35M150,573,98436.74%63.26%Net SellingNet Selling
CNX
CNX RESOURCES CORP
United States
$2.73B170,126,52874.02%25.98%Net BuyingNet Buying
INDO
INDONESIA ENERGY CORP LTD
Indonesia
$44.64M9,359,3192.89%0.00%
CEI
CAMBER ENERGY INC
United States
$31.60M20,000,0002.88%97.12%

Oil and Gas Stocks FAQ

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

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

1. Mexco Energy (NYSEMKT:MXC)


Mexco Energy (NYSEMKT:MXC) is the top oil and gas stock with a Zen Score of 63, which is 24 points higher than the oil and gas industry average of 39. It passed 20 out of 33 due diligence checks and has strong fundamentals. Mexco Energy has seen its stock lose -29.73% over the past year, underperforming other oil and gas stocks by -32 percentage points.

2. Coterra Energy (NYSE:CTRA)


Coterra Energy (NYSE:CTRA) is the second best oil and gas stock with a Zen Score of 63, which is 24 points higher than the oil and gas industry average of 39. It passed 23 out of 38 due diligence checks and has strong fundamentals. Coterra Energy has seen its stock lose -9.01% over the past year, underperforming other oil and gas stocks by -11 percentage points.

Coterra Energy has an average 1 year price target of $31.00, an upside of 26.32% from Coterra Energy's current stock price of $24.54.

Coterra Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Coterra Energy, 35.71% have issued a Strong Buy rating, 7.14% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Epsilon Energy (NASDAQ:EPSN)


Epsilon Energy (NASDAQ:EPSN) is the third best oil and gas stock with a Zen Score of 62, which is 23 points higher than the oil and gas industry average of 39. It passed 23 out of 38 due diligence checks and has strong fundamentals. Epsilon Energy has seen its stock lose -17.21% over the past year, underperforming other oil and gas stocks by -19 percentage points.

What are the oil and gas stocks with highest dividends?

Out of 41 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 16.31%, which is 11 percentage points higher than the oil and gas industry average of 5.11%. 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 42% indicates that its high dividend yield is sustainable for the long-term.

2. Kimbell Royalty Partners (NYSE:KRP)


Kimbell Royalty Partners (NYSE:KRP) has an annual dividend yield of 16.28%, which is 11 percentage points higher than the oil and gas industry average of 5.11%. 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 86.3% indicates that its high dividend yield is sustainable for the long-term.

3. Pioneer Natural Resources Co (NYSE:PXD)


Pioneer Natural Resources Co (NYSE:PXD) has an annual dividend yield of 13.34%, which is 8 percentage points higher than the oil and gas industry average of 5.11%. Pioneer Natural Resources Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Pioneer Natural Resources Co's dividend has shown consistent growth over the last 10 years.

Pioneer Natural Resources Co's dividend payout ratio of 78% 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 0.78% in the last day, and up 5.1% 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 51 points higher than the oil and gas industry average of 49. It passed 7 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -17.21% in the past year. It has underperformed other stocks in the oil and gas industry by -19 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 37 points higher than the oil and gas industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Berry's stock has dropped -23.93% in the past year. It has underperformed other stocks in the oil and gas industry by -26 percentage points.

3. Diamondback Energy (NASDAQ:FANG)


Diamondback Energy (NASDAQ:FANG) is the third most undervalued oil and gas stock based on WallStreetZen's Valuation Score. Diamondback Energy has a valuation score of 86, which is 37 points higher than the oil and gas industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Diamondback Energy's stock has dropped -1.39% in the past year. It has underperformed other stocks in the oil and gas industry by -3 percentage points.

Are oil and gas stocks a good buy now?

54.39% 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 34.91% 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 6.86x.
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.