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Sectors & IndustriesEnergyOil & Gas Midstream
Best Oil & Gas Midstream Stocks to Buy Now (2024)
Top oil & gas midstream stocks in 2024 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
TRMD
TORM PLC
NASDAQ
Oil & Gas Midstream
$2.85B$33.80-0.03%$896.46M4.03x0.79
EURN
EURONAV NV
NYSE
Oil & Gas Midstream
$3.57B$17.64-0.40%$1.26B4.13x0.44
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
NASDAQ
Oil & Gas Midstream
$71.41M$3.03-3.19%$88.65M0.94x0.04
TNK
TEEKAY TANKERS LTD
NYSE
Oil & Gas Midstream
$1.86B$54.74-0.15%$648.42M3.64x0.23
OKE
ONEOK INC
NYSE
Oil & Gas Midstream
$43.81B$75.130.01%$5.13B13.68x1.69
DHT
DHT HOLDINGS INC
NYSE
Oil & Gas Midstream
$1.77B$11.011.76%$303.97M11.12x0.45
LPG
DORIAN LPG LTD
NYSE
Oil & Gas Midstream
$1.47B$36.230.22%$435.96M4.79x0.85
INSW
INTERNATIONAL SEAWAYS INC
NYSE
Oil & Gas Midstream
$2.64B$53.992.00%$755.12M4.76x0.47
EPD
ENTERPRISE PRODUCTS PARTNERS LP
NYSE
Oil & Gas Midstream
$60.17B$27.751.09%$8.92B11.01x1.53
STNG
SCORPIO TANKERS INC
NYSE
Oil & Gas Midstream
$3.34B$67.10-0.04%$932.63M6.43x0.66
BANL
CBL INTERNATIONAL LTD
NASDAQ
Oil & Gas Midstream
$27.00M$1.08-4.42%$4.96M6.35x1.13
LNG
CHENIERE ENERGY INC
NYSE
Oil & Gas Midstream
$36.65B$156.180.63%$15.36B3.81x6.73
NVGS
NAVIGATOR HOLDINGS LTD
NYSE
Oil & Gas Midstream
$1.10B$15.010.27%$272.66M15.01x0.87
GLP
GLOBAL PARTNERS LP
NYSE
Oil & Gas Midstream
$1.59B$46.860.49%$356.36M12.43x3.30
FLNG
FLEX LNG LTD
NYSE
Oil & Gas Midstream
$1.37B$25.410.67%$302.20M11.34x2.20
TRP
TC ENERGY CORP
NYSE
Oil & Gas Midstream
$41.24B$39.750.51%$7.34B19.51x2.91
WES
WESTERN MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$13.06B$34.332.63%$1.98B13.15x3.26
TK
TEEKAY CORP
NYSE
Oil & Gas Midstream
$748.20M$7.610.53%$296.01M4.79x0.57
WMB
WILLIAMS COMPANIES INC
NYSE
Oil & Gas Midstream
$44.29B$36.401.28%$7.49B13.95x3.04
MPLX
MPLX LP
NYSE
Oil & Gas Midstream
$39.42B$39.001.46%$6.05B10.26x1.84
GLNG
GOLAR LNG LTD
NASDAQ
Oil & Gas Midstream
$2.23B$20.782.41%$867.07M2.85x-0.55
TNP
TSAKOS ENERGY NAVIGATION LTD
NYSE
Oil & Gas Midstream
$707.84M$23.990.93%$376.06M3.99x1.21
VNOM
VIPER ENERGY INC
NASDAQ
Oil & Gas Midstream
$6.48B$36.631.36%$441.07M13.62x1.10
TRGP
TARGA RESOURCES CORP
NYSE
Oil & Gas Midstream
$22.17B$99.341.12%$3.73B26.92x5.86
ET
ENERGY TRANSFER LP
NYSE
Oil & Gas Midstream
$50.45B$14.982.32%$11.20B13.62x1.90
PAA
PLAINS ALL AMERICAN PIPELINE LP
NASDAQ
Oil & Gas Midstream
$11.63B$16.591.04%$2.79B11.85x1.31
PBA
PEMBINA PIPELINE CORP
NYSE
Oil & Gas Midstream
$19.25B$35.030.63%$2.36B15.77x1.06
ENB
ENBRIDGE INC
NYSE
Oil & Gas Midstream
$73.97B$34.801.10%$12.27B16.42x1.89
MARPS
MARINE PETROLEUM TRUST
NASDAQ
Oil & Gas Midstream
$8.18M$4.09-2.15%N/A9.09x0.00
KNTK
KINETIK HOLDINGS INC
NYSE
Oil & Gas Midstream
$5.26B$35.410.25%$633.08M0.00x-4.67
NS
NUSTAR ENERGY LP
NYSE
Oil & Gas Midstream
$3.02B$23.871.06%$776.15M33.15x3.68
ETRN
EQUITRANS MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$4.64B$10.700.09%$1.20B12.02x9.12
KMI
KINDER MORGAN INC
NYSE
Oil & Gas Midstream
$38.75B$17.460.40%$7.15B16.47x1.30
PAGP
PLAINS GP HOLDINGS LP
NASDAQ
Oil & Gas Midstream
$3.41B$17.310.64%$1.82B17.14x8.80
DLNG
DYNAGAS LNG PARTNERS LP
NYSE
Oil & Gas Midstream
$108.93M$2.96-0.67%$107.33M4.29x1.08
ENLC
ENLINK MIDSTREAM LLC
NYSE
Oil & Gas Midstream
$5.75B$12.682.84%$1.20B28.18x5.69
HESM
HESS MIDSTREAM LP
NYSE
Oil & Gas Midstream
$7.84B$34.641.61%$528.00M16.42x10.07
GEL
GENESIS ENERGY LP
NYSE
Oil & Gas Midstream
$1.42B$11.570.43%$642.55M52.59x10.06
DTM
DT MIDSTREAM INC
NYSE
Oil & Gas Midstream
$5.60B$57.710.14%$838.00M14.54x1.14
FRO
FRONTLINE PLC
NYSE
Oil & Gas Midstream
$5.03B$22.580.22%N/AN/A1.07
AM
ANTERO MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$6.48B$13.510.82%$853.38M17.55x1.67
OSG
OVERSEAS SHIPHOLDING GROUP INC
NYSE
Oil & Gas Midstream
$445.81M$6.161.32%$237.69M9.78x2.16
MMLP
MARTIN MIDSTREAM PARTNERS LP
NASDAQ
Oil & Gas Midstream
$91.26M$2.340.00%$111.55M-21.27x-8.88
PBT
PERMIAN BASIN ROYALTY TRUST
NYSE
Oil & Gas Midstream
$623.16M$13.37-1.47%N/A22.28x27.32
SMLP
SUMMIT MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$202.23M$19.49-0.31%$196.08M-2.77x2.24
NGL
NGL ENERGY PARTNERS LP
NYSE
Oil & Gas Midstream
$801.70M$6.052.37%$586.32M-10.08x5.33
BROG
BROOGE ENERGY LTD
NASDAQ
Oil & Gas Midstream
$294.79M$2.690.00%N/AN/A2.56

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Mar 2024?

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

1. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the top oil & gas midstream stock with a Zen Score of 59, which is 23 points higher than the oil & gas midstream industry average of 36. It passed 22 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock lose -6.68% over the past year, underperforming other oil & gas midstream stocks by -17 percentage points.

2. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) is the second best oil & gas midstream stock with a Zen Score of 58, which is 22 points higher than the oil & gas midstream industry average of 36. It passed 21 out of 38 due diligence checks and has strong fundamentals. Euronav Nv has seen its stock lose -5.97% over the past year, underperforming other oil & gas midstream stocks by -16 percentage points.

Euronav Nv has an average 1 year price target of $19.34, an upside of 9.65% from Euronav Nv's current stock price of $17.64.

Euronav Nv stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Euronav Nv, 16.67% have issued a Strong Buy rating, 0% have issued a Buy, 83.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the third best oil & gas midstream stock with a Zen Score of 57, which is 21 points higher than the oil & gas midstream industry average of 36. It passed 18 out of 33 due diligence checks and has strong fundamentals. Imperial Petroleum /Marshall Islands has seen its stock return 1.71% over the past year, underperforming other oil & gas midstream stocks by -8 percentage points.

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. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) has an annual dividend yield of 20.74%, which is 15 percentage points higher than the oil & gas midstream industry average of 6.24%.

Torm's dividend payout ratio of 83.6% indicates that its high dividend yield is sustainable for the long-term.

2. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) has an annual dividend yield of 12.71%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.24%. Frontline's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Frontline's dividend has shown consistent growth over the last 10 years.

3. Flex Lng (NYSE:FLNG)


Flex Lng (NYSE:FLNG) has an annual dividend yield of 12.3%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.24%. Flex Lng's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Flex Lng's dividend has shown consistent growth over the last 10 years.

Flex Lng's dividend payout ratio of 150.7% 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 0.72% in the last day, and up 1.04% 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. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Imperial Petroleum /Marshall Islands has a valuation score of 71, which is 32 points higher than the oil & gas midstream industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 1.71% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -8 percentage points.

2. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Torm has a valuation score of 71, which is 32 points higher than the oil & gas midstream industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Torm's stock has dropped -6.68% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -17 percentage points.

3. Dynagas Lng Partners (NYSE:DLNG)


Dynagas Lng Partners (NYSE:DLNG) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Dynagas Lng Partners has a valuation score of 71, which is 32 points higher than the oil & gas midstream industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Dynagas Lng Partners's stock has dropped -4.52% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -15 percentage points.

Are oil & gas midstream stocks a good buy now?

44.12% of oil & gas midstream stocks rated by analysts are a strong buy right now. On average, analysts expect oil & gas midstream stocks to rise by 13.66% 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 13.86x.
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.