WallStreetZenWallStreetZen

Sectors & IndustriesEnergyOil & Gas Midstream
Best Oil & Gas Midstream Stocks to Buy Now (2023)
Top oil & gas midstream stocks in 2023 ranked by overall Zen Score. See the best oil & gas midstream stocks to buy now, according to analyst forecasts for the oil & gas midstream industry.

Industry: Oil & Gas Midstream
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
GLP
GLOBAL PARTNERS LP
NYSE
Oil & Gas Midstream
$1.02B$29.881.98%$565.08M2.97x3.01
TRMD
TORM PLC
NASDAQ
Oil & Gas Midstream
$2.72B$33.04-4.15%$744.66M4.77x0.74
WES
WESTERN MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$9.53B$24.76-0.44%$2.14B8.23x2.75
TRGP
TARGA RESOURCES CORP
NYSE
Oil & Gas Midstream
$15.30B$67.521.00%$2.87B17.09x5.47
PAA
PLAINS ALL AMERICAN PIPELINE LP
NASDAQ
Oil & Gas Midstream
$8.06B$11.54-0.09%$2.60B9.70x1.45
EPD
ENTERPRISE PRODUCTS PARTNERS LP
NYSE
Oil & Gas Midstream
$54.94B$25.311.36%$8.79B10.12x1.52
MPLX
MPLX LP
NYSE
Oil & Gas Midstream
$34.04B$34.001.19%$6.03B9.07x1.80
PBA
PEMBINA PIPELINE CORP
NYSE
Oil & Gas Midstream
$16.81B$30.550.13%$3.15B8.02x1.00
HEP
HOLLY ENERGY PARTNERS LP
NYSE
Oil & Gas Midstream
$2.17B$17.130.65%$402.48M9.68x2.12
OKE
ONEOK INC
NYSE
Oil & Gas Midstream
$26.60B$59.481.43%$3.55B15.45x2.75
MMP
MAGELLAN MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$10.48B$51.571.34%$1.56B10.42x3.58
EURN
EURONAV NV
NYSE
Oil & Gas Midstream
$3.72B$16.92-4.14%N/A16.75x0.83
VNOM
VIPER ENERGY PARTNERS LP
NASDAQ
Oil & Gas Midstream
$4.37B$26.77-0.58%$280.50M13.38x0.87
DHT
DHT HOLDINGS INC
NYSE
Oil & Gas Midstream
$1.74B$10.71-1.74%$211.56M28.95x0.41
CQP
CHENIERE ENERGY PARTNERS LP
NYSEMKT
Oil & Gas Midstream
$21.24B$43.890.18%$4.00B13.42x-10.21
KNTK
KINETIK HOLDINGS INC
NYSE
Oil & Gas Midstream
$4.32B$30.180.17%$662.93M20.39x-4.34
ET
ENERGY TRANSFER LP
NYSE
Oil & Gas Midstream
$36.21B$11.700.17%$11.43B8.36x1.97
FLNG
FLEX LNG LTD
NYSE
Oil & Gas Midstream
$1.74B$32.49-1.10%$336.96M9.20x1.95
GPP
GREEN PLAINS PARTNERS LP
NASDAQ
Oil & Gas Midstream
$289.66M$12.46-0.32%$51.02M7.24x160.90
STNG
SCORPIO TANKERS INC
NYSE
Oil & Gas Midstream
$3.34B$54.53-1.61%$1.01B4.75x0.82
TRP
TC ENERGY CORP
NYSE
Oil & Gas Midstream
$38.56B$37.881.23%$4.89B78.75x2.36
DCP
DCP MIDSTREAM LP
NYSE
Oil & Gas Midstream
$8.68B$41.62-0.12%$1.69B8.84x1.21
TNK
TEEKAY TANKERS LTD
NYSE
Oil & Gas Midstream
$1.47B$43.400.18%$364.39M6.44x0.67
TGS
GAS TRANSPORTER OF THE SOUTH INC
NYSE
Oil & Gas Midstream
$1.37B$9.131.33%$527.99M7.48x0.73
NS
NUSTAR ENERGY LP
NYSE
Oil & Gas Midstream
$1.63B$14.690.20%$694.23M40.81x4.02
ENB
ENBRIDGE INC
NYSE
Oil & Gas Midstream
$74.37B$36.730.77%$9.10B38.18x1.94
ENLC
ENLINK MIDSTREAM LLC
NYSE
Oil & Gas Midstream
$4.72B$10.02-0.40%$1.15B13.18x4.39
PAGP
PLAINS GP HOLDINGS LP
NASDAQ
Oil & Gas Midstream
$2.37B$12.180.16%$1.79B14.16x9.56
NVGS
NAVIGATOR HOLDINGS LTD
NYSE
Oil & Gas Midstream
$1.02B$13.34-0.89%N/A19.33x0.79
KMI
KINDER MORGAN INC
NYSE
Oil & Gas Midstream
$37.74B$16.792.44%$6.96B14.99x1.24
LPG
DORIAN LPG LTD
NYSE
Oil & Gas Midstream
$833.64M$20.660.00%$241.84M6.28x0.83
SGU
STAR GROUP LP
NYSE
Oil & Gas Midstream
$449.58M$12.602.19%$93.42M16.58x2.99
AM
ANTERO MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$4.80B$10.022.35%$765.45M14.74x1.64
DKL
DELEK LOGISTICS PARTNERS LP
NYSE
Oil & Gas Midstream
$2.15B$49.360.12%$328.19M13.49x-16.17
FRO
FRONTLINE PLC
NYSE
Oil & Gas Midstream
$3.32B$16.31-2.45%$290.41M52.61x1.29
TK
TEEKAY CORP
NYSE
Oil & Gas Midstream
$632.63M$6.21-2.51%-$26.26M29.57x1.33
GLOP
GASLOG PARTNERS LP
NYSE
Oil & Gas Midstream
$437.23M$8.260.73%$254.12M4.67x1.10
DTM
DT MIDSTREAM INC
NYSE
Oil & Gas Midstream
$9.33B$47.370.89%$796.00M12.37x1.17
WMB
WILLIAMS COMPANIES INC
NYSE
Oil & Gas Midstream
$35.02B$28.741.55%$5.65B17.11x2.99
HESM
HESS MIDSTREAM LP
NYSE
Oil & Gas Midstream
$1.19B$27.041.01%$441.10M13.32x5.78
LNG
CHENIERE ENERGY INC
NYSEMKT
Oil & Gas Midstream
$35.90B$147.330.46%$5.02B25.89x-13.96
GLNG
GOLAR LNG LTD
NASDAQ
Oil & Gas Midstream
$2.21B$20.40-0.34%$576.71M5.34x-1.60
DLNG
DYNAGAS LNG PARTNERS LP
NYSE
Oil & Gas Midstream
$105.62M$2.870.70%$112.90M2.50x1.24
GEL
GENESIS ENERGY LP
NYSE
Oil & Gas Midstream
$1.31B$10.703.18%$600.99M-267.50x8.01
CEQP
CRESTWOOD EQUITY PARTNERS LP
NYSE
Oil & Gas Midstream
$2.44B$23.172.03%$539.50M-79.90x2.87
FIP
FTAI INFRASTRUCTURE INC
NASDAQ
Oil & Gas Midstream
$252.59M$2.542.01%-$25.13M-1.47x3.06
ETRN
EQUITRANS MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$2.27B$5.230.38%$468.45M-6.88x9.10
OSG
OVERSEAS SHIPHOLDING GROUP INC
NYSE
Oil & Gas Midstream
$291.74M$3.71-0.54%$226.28M12.37x2.35
MMLP
MARTIN MIDSTREAM PARTNERS LP
NASDAQ
Oil & Gas Midstream
$101.18M$2.601.56%$107.54M-10.00x-11.07
TNP
TSAKOS ENERGY NAVIGATION LTD
NYSE
Oil & Gas Midstream
$474.12M$19.301.31%$6.83M-2.03x1.29
SNMP
EVOLVE TRANSITION INFRASTRUCTURE LP
NYSEMKT
Oil & Gas Midstream
$36.60M$0.19-5.13%-$18.51M-0.21x-2.05
SMLP
SUMMIT MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$156.00M$15.32-1.92%$83.06M-1.21x2.19
USEA
UNITED MARITIME CORP
NASDAQ
Oil & Gas Midstream
$25.87M$2.920.34%N/AN/A1.21
CLCO
COOL CO LTD
NYSE
Oil & Gas Midstream
N/A$12.08-2.50%N/AN/A1.74

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Mar 2023?

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

1. Global Partners (NYSE:GLP)


Global Partners (NYSE:GLP) is the top oil & gas midstream stock with a Zen Score of 65, which is 31 points higher than the oil & gas midstream industry average of 34. It passed 24 out of 38 due diligence checks and has strong fundamentals. Global Partners has seen its stock return 3.36% over the past year, underperforming other oil & gas midstream stocks by -2 percentage points.

Global Partners has an average 1 year price target of $35.00, an upside of 17.14% from Global Partners's current stock price of $29.88.

Global Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Global Partners, 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.

2. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the second best oil & gas midstream stock with a Zen Score of 62, which is 28 points higher than the oil & gas midstream industry average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock return 281.08% over the past year, overperforming other oil & gas midstream stocks by 275 percentage points.

Torm has an average 1 year price target of $16.00, a downside of -51.57% from Torm's current stock price of $33.04.

Torm stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Torm, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Western Midstream Partners (NYSE:WES)


Western Midstream Partners (NYSE:WES) is the third best oil & gas midstream stock with a Zen Score of 57, which is 23 points higher than the oil & gas midstream industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Western Midstream Partners has seen its stock lose -1.39% over the past year, underperforming other oil & gas midstream stocks by -7 percentage points.

Western Midstream Partners has an average 1 year price target of $33.00, an upside of 33.28% from Western Midstream Partners's current stock price of $24.76.

Western Midstream Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Western Midstream Partners, 77.78% have issued a Strong Buy rating, 0% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the oil & gas midstream stocks with highest dividends?

Out of 37 oil & gas midstream stocks that have issued dividends in the past year, the 3 oil & gas midstream stocks with the highest dividend yields are:

1. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) has an annual dividend yield of 26.62%, which is 20 percentage points higher than the oil & gas midstream industry average of 7.08%.

Dorian Lpg's dividend payout ratio of 136.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Green Plains Partners (NASDAQ:GPP)


Green Plains Partners (NASDAQ:GPP) has an annual dividend yield of 14.49%, which is 7 percentage points higher than the oil & gas midstream industry average of 7.08%. Green Plains Partners's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Green Plains Partners's dividend has shown consistent growth over the last 10 years.

Green Plains Partners's dividend payout ratio of 104.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kinetik Holdings (NYSE:KNTK)


Kinetik Holdings (NYSE:KNTK) has an annual dividend yield of 12.43%, which is 5 percentage points higher than the oil & gas midstream industry average of 7.08%.

Kinetik Holdings's dividend payout ratio of 202.7% indicates that its high dividend yield might not be sustainable for the long-term.

Why are oil & gas midstream stocks up?

Oil & gas midstream stocks were up 0.25% in the last day, and up 0.92% over the last week.

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

What are the most undervalued oil & gas midstream stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued oil & gas midstream stocks right now are:

1. Torm (NASDAQ:TRMD)


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

Torm's stock has gained 281.08% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 275 percentage points.

2. Plains All American Pipeline (NASDAQ:PAA)


Plains All American Pipeline (NASDAQ:PAA) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Plains All American Pipeline has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 4.34% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -1 percentage points.

3. Global Partners (NYSE:GLP)


Global Partners (NYSE:GLP) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Global Partners has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Global Partners's stock has gained 3.36% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -2 percentage points.

Are oil & gas midstream stocks a good buy now?

37.5% of oil & gas midstream stocks rated by analysts are a buy right now. On average, analysts expect oil & gas midstream stocks to rise by 23.7% over the next year.

What is the average p/e ratio of the oil & gas midstream industry?

The average P/E ratio of the oil & gas midstream industry is 20.58x.
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.