Sectors & Industries EnergyOil & 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

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

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
INSW	INTERNATIONAL SEAWAYS INC	$56.33	609,675	3.48%	55.09	53.79	53.22	51.51	48.08	64.54	89.05	84.25	97.85	89.41	0.84	0.57	0.27	0.70
FRO	FRONTLINE PLC	$24.63	1,378,325	20.48%	23.79	23.70	23.44	22.56	20.80	58.94	91.61	73.42	97.59	79.14	0.23	0.11	0.12	0.79
TRMD	TORM PLC	$34.72	902,672	99.84%	34.25	33.99	34.16	33.51	30.56	54.35	87.46	75.03	90.76	80.93	0.09	-0.05	0.13	0.34
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$3.57	219,807	13.69%	3.55	3.48	3.29	3.12	2.43	55.04	67.45	62.34	53.74	59.52	0.08	0.08	0.00	0.71
TNK	TEEKAY TANKERS LTD	$60.27	253,007	14.55%	58.50	57.70	56.78	56.16	50.28	61.55	91.20	80.91	98.14	88.02	0.68	0.37	0.30	0.73
LPG	DORIAN LPG LTD	$42.00	959,844	7.54%	41.89	40.71	38.97	39.75	35.56	57.81	81.47	79.98	73.68	65.81	0.93	0.85	0.08	0.94
NVGS	NAVIGATOR HOLDINGS LTD	$15.36	141,769	-3.68%	15.17	15.12	15.15	15.25	14.69	56.09	81.44	70.64	93.91	85.62	0.02	-0.02	0.04	0.94
TNP	TSAKOS ENERGY NAVIGATION LTD	$26.49	307,230	18.83%	25.73	25.42	25.06	24.28	22.49	61.67	90.40	85.60	90.67	89.64	0.29	0.17	0.12	0.79
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$28.37	3,531,123	-1.86%	28.49	28.65	28.63	27.67	27.22	45.93	32.49	22.09	40.88	24.09	-0.16	-0.06	-0.10	0.74
TRP	TC ENERGY CORP	$37.62	2,467,076	-31.04%	36.34	36.25	38.44	38.77	37.36	56.61	89.46	73.20	100.00	94.07	-0.44	-0.75	0.31	0.84
STNG	SCORPIO TANKERS INC	$72.00	818,835	68.38%	71.39	70.79	70.42	67.62	60.16	54.28	74.60	60.64	72.34	55.02	0.30	0.22	0.08	0.86
TRGP	TARGA RESOURCES CORP	$112.80	1,236,543	-29.44%	114.92	114.37	110.04	98.50	91.73	49.65	29.81	27.43	5.41	3.70	0.93	1.70	-0.77	1.39
FLNG	FLEX LNG LTD	$26.82	289,116	55.28%	26.25	25.87	25.57	27.25	28.90	65.94	94.07	89.47	99.71	87.92	0.24	0.12	0.11	0.94
WES	WESTERN MIDSTREAM PARTNERS LP	$35.64	1,330,429	98.43%	35.39	35.16	34.85	31.77	29.64	56.00	68.21	51.42	57.56	38.45	0.19	0.26	-0.06	1.32
DHT	DHT HOLDINGS INC	$11.62	2,200,447	30.79%	11.49	11.40	11.28	10.97	10.46	56.43	83.95	76.51	82.61	81.60	0.08	0.05	0.03	0.55
LNG	CHENIERE ENERGY INC	$156.82	2,637,982	-30.05%	158.64	158.27	157.75	161.52	164.48	46.44	48.94	52.69	38.86	47.13	-0.03	0.10	-0.13	0.74
EURN	EURONAV NV	$16.91	198,133	37.09%	16.72	16.56	16.80	17.23	17.25	55.76	88.71	81.98	94.61	89.19	0.05	-0.03	0.08	0.65
GLP	GLOBAL PARTNERS LP	$48.27	88,343	29.23%	47.33	46.52	46.37	45.13	38.79	62.76	91.06	81.53	99.09	85.27	0.50	0.31	0.19	0.76
TK	TEEKAY CORP	$7.64	547,180	17.53%	7.49	7.36	7.36	7.64	7.11	57.65	87.26	82.89	94.36	89.62	0.06	0.01	0.05	1.05
VNOM	VIPER ENERGY INC	$37.46	854,624	1.91%	38.62	39.16	37.86	34.84	31.75	41.13	29.07	22.62	11.37	6.04	-0.08	0.31	-0.39	1.13
MPLX	MPLX LP	$41.27	1,138,245	-9.51%	41.59	41.12	40.79	39.11	37.27	51.98	46.80	51.99	50.06	60.41	0.19	0.23	-0.04	0.66
PAA	PLAINS ALL AMERICAN PIPELINE LP	$17.61	4,022,496	-28.14%	17.68	17.74	17.37	16.44	15.84	50.30	43.09	28.57	38.25	22.56	-0.00	0.09	-0.09	1.11
KNTK	KINETIK HOLDINGS INC	$38.36	293,921	-13.08%	38.63	38.74	37.66	35.41	35.30	49.55	28.77	24.14	27.57	17.35	0.12	0.31	-0.19	1.32
ET	ENERGY TRANSFER LP	$16.06	12,022,077	29.12%	15.86	15.69	15.47	14.76	14.10	60.84	85.22	72.15	73.95	59.32	0.12	0.12	0.00	0.89
DLNG	DYNAGAS LNG PARTNERS LP	$3.92	86,961	-30.25%	3.74	3.44	3.08	2.97	2.83	65.72	90.33	90.45	40.43	39.45	0.26	0.21	0.05	0.68
MARPS	MARINE PETROLEUM TRUST	$4.04	13,685	171.31%	4.21	4.43	4.29	4.36	4.75	41.68	14.80	15.01	9.09	12.88	-0.08	-0.03	-0.04	0.55
WMB	WILLIAMS COMPANIES INC	$39.06	6,641,599	50.49%	38.85	38.56	37.85	36.26	35.51	57.50	65.95	53.75	44.67	29.61	0.24	0.29	-0.06	0.94
PBA	PEMBINA PIPELINE CORP	$35.89	820,705	18.16%	35.53	35.14	35.17	34.61	32.89	58.29	76.01	63.12	65.76	54.41	0.14	0.09	0.05	1.13
ENB	ENBRIDGE INC	$36.67	3,929,903	-4.20%	35.97	35.12	35.33	35.45	34.82	63.07	92.51	88.17	97.14	90.38	0.32	0.13	0.19	0.86
OSG	OVERSEAS SHIPHOLDING GROUP INC	$6.28	331,684	38.96%	6.15	6.08	6.13	5.90	5.19	58.16	82.85	84.97	85.65	91.85	0.03	-0.00	0.04	0.94
OKE	ONEOK INC	$78.07	2,199,396	-0.32%	79.35	79.02	78.30	74.10	70.11	46.60	20.95	19.86	10.90	7.77	-0.01	0.39	-0.40	1.29
ENLC	ENLINK MIDSTREAM LLC	$12.84	1,915,833	61.32%	13.43	13.51	13.22	12.69	12.54	35.70	27.37	30.99	1.40	2.08	-0.07	0.07	-0.14	1.20
PAGP	PLAINS GP HOLDINGS LP	$18.37	1,867,511	-36.94%	18.53	18.62	18.13	17.19	16.52	49.17	44.88	31.60	38.18	22.98	0.02	0.12	-0.10	1.08
CQP	CHENIERE ENERGY PARTNERS LP	$50.80	215,403	12.10%	49.32	48.39	48.83	50.37	52.43	60.31	90.06	82.56	92.27	82.90	0.40	0.05	0.35	0.67
HESM	HESS MIDSTREAM LP	$34.73	840,329	48.53%	34.62	34.93	35.17	33.84	32.03	48.19	49.31	34.68	49.67	28.90	-0.28	-0.18	-0.10	0.90
DTM	DT MIDSTREAM INC	$63.60	513,643	10.48%	1.43	1.39	1.49	1.55	1.48	61.34	91.67	85.53	99.82	96.04	-0.00	-0.03	0.02	0.74
BANL	CBL INTERNATIONAL LTD	$1.06	4,283	-8.15%	1.06	1.06	1.07	1.23	1.36	49.59	32.28	23.86	40.06	32.80	-0.01	-0.01	-0.00	1.34
KMI	KINDER MORGAN INC	$18.61	11,811,539	-4.74%	18.58	18.42	18.10	17.73	17.40	56.77	71.19	62.49	59.36	49.28	0.13	0.15	-0.02	0.89
AM	ANTERO MIDSTREAM CORP	$14.21	1,681,319	-54.41%	14.04	13.97	13.82	13.09	12.67	58.40	76.48	60.17	64.64	44.08	0.08	0.08	-0.00	0.83
ETRN	EQUITRANS MIDSTREAM CORP	$13.72	5,297,742	23.80%	13.51	13.04	12.09	11.22	10.32	66.53	72.19	65.98	38.57	32.19	0.45	0.44	0.01	0.96
GEL	GENESIS ENERGY LP	$12.89	747,093	43.07%	12.31	12.05	11.60	11.63	11.12	65.98	80.74	60.25	77.00	46.12	0.27	0.22	0.05	1.31
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$35.10	150,604	13.59%	29.54	28.80	25.18	21.18	18.86	82.74	71.57	56.55	73.09	43.35	1.73	1.36	0.37	1.78
MMLP	MARTIN MIDSTREAM PARTNERS LP	$2.86	30,804	-61.38%	2.74	2.67	2.60	2.49	2.54	62.84	85.97	88.52	96.04	86.92	0.07	0.05	0.02	0.80
PBT	PERMIAN BASIN ROYALTY TRUST	$11.83	62,295	9.85%	11.92	11.98	12.43	13.36	16.90	45.40	28.15	20.15	54.52	44.32	-0.25	-0.24	-0.00	0.69
GLNG	GOLAR LNG LTD	$25.14	902,749	27.77%	24.99	25.02	23.83	22.99	22.89	58.06	49.91	39.72	38.76	25.00	0.23	0.33	-0.10	1.27
VIK	VIKING HOLDINGS LTD	$28.94	3,602,822	-38.95%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	14.64
NGL	NGL ENERGY PARTNERS LP	$5.91	275,907	91.34%	5.87	5.87	5.87	5.68	4.85	53.26	61.16	48.93	66.57	54.04	0.01	0.00	0.01	1.09
BROG	BROOGE ENERGY LTD	$1.05	124,291	-21.07%	1.07	1.14	1.82	2.39	3.65	28.48	10.44	8.83	60.59	65.06	-0.22	-0.26	0.04	0.16

Oil & Gas Midstream Stocks FAQ

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

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

1. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the top oil & gas midstream stock with a Zen Score of 61, which is 25 points higher than the oil & gas midstream industry average of 36. It passed 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 49.58% over the past year, overperforming other oil & gas midstream stocks by 23 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 15.39% from International Seaways's current stock price of $56.33.

International Seaways stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering International Seaways, 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. Frontline (NYSE:FRO)

Frontline (NYSE:FRO) is the second best 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. Frontline has seen its stock return 70.57% over the past year, overperforming other oil & gas midstream stocks by 44 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 5.97% from Frontline's current stock price of $24.63.

Frontline stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Frontline, 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.

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 14.42% over the past year, underperforming other oil & gas midstream stocks by -12 percentage points.

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

Out of 36 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 16.65%, which is 11 percentage points higher than the oil & gas midstream industry average of 5.71%. Torm's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Torm's dividend has shown consistent growth over the last 10 years.

Torm's dividend payout ratio of 90.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Flex Lng (NYSE:FLNG)

Flex Lng (NYSE:FLNG) has an annual dividend yield of 11.65%, which is 6 percentage points higher than the oil & gas midstream industry average of 5.71%. 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 139.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Marine Petroleum Trust (NASDAQ:MARPS)

Marine Petroleum Trust (NASDAQ:MARPS) has an annual dividend yield of 10.33%, which is 5 percentage points higher than the oil & gas midstream industry average of 5.71%. Marine Petroleum Trust's dividend payout is not stable, having dropped more than 10% sixteen times in the last 10 years. Marine Petroleum Trust's dividend has not shown consistent growth over the last 10 years.

Marine Petroleum Trust's dividend payout ratio of 105.6% 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 0.31% in the last day, and down -0.11% 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 31 points higher than the oil & gas midstream industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 14.42% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -12 percentage points.

2. Tsakos Energy Navigation (NYSE:TNP)

Tsakos Energy Navigation (NYSE:TNP) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Tsakos Energy Navigation has a valuation score of 71, which is 31 points higher than the oil & gas midstream industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 60.64% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 34 percentage points.

3. Plains All American Pipeline (NASDAQ:PAA)

Plains All American Pipeline (NASDAQ:PAA) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Plains All American Pipeline has a valuation score of 71, which is 31 points higher than the oil & gas midstream industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 38.88% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 12 percentage points.

Are oil & gas midstream stocks a good buy now?

46.88% 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 12.38% 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 14.61x.

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.