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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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
INSW
INTERNATIONAL SEAWAYS INC
$56.330.28%1.42%6.56%10.71%14.75%49.58%178.45%206.81%N/A$57.07$34.771.30%62.01%0.70609,6753.48%
FRO
FRONTLINE PLC
$24.63-0.44%3.92%4.85%14.66%10.55%70.57%215.36%209.03%63.11%$25.14$13.352.01%84.49%0.791,378,32520.48%
TRMD
TORM PLC
$34.72-0.17%-0.34%-0.97%3.30%11.64%18.50%275.96%316.31%N/A$37.11$22.316.44%55.63%0.34902,67299.84%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$3.571.71%-4.55%-1.65%13.33%119.02%14.42%N/AN/AN/A$4.53$1.1821.10%202.54%0.71219,80713.69%
TNK
TEEKAY TANKERS LTD
$60.270.22%2.85%4.31%6.30%13.42%61.45%328.36%527.81%128.99%$64.42$35.006.44%72.20%0.73253,00714.55%
LPG
DORIAN LPG LTD
$42.00-2.08%-0.92%4.90%17.06%11.35%88.76%206.12%431.65%125.32%$49.54$21.1115.22%98.96%0.94959,8447.54%
NVGS
NAVIGATOR HOLDINGS LTD
$15.36-0.32%0.79%0.33%-0.71%7.19%19.25%35.45%35.81%-42.23%$16.48$12.336.80%24.56%0.94141,769-3.68%
TNP
TSAKOS ENERGY NAVIGATION LTD
$26.490.99%2.95%2.08%11.26%18.31%60.64%164.90%62.52%-24.64%$27.20$16.002.61%65.56%0.79307,23018.83%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$28.370.96%-0.77%-3.73%8.16%7.42%11.87%21.92%-0.63%-23.19%$29.99$25.195.40%12.62%0.743,531,123-1.86%
TRP
TC ENERGY CORP
$37.620.00%4.53%-1.21%-1.08%3.64%-10.28%-25.92%-19.84%-19.80%$42.49$32.5211.46%15.70%0.842,467,076-31.04%
STNG
SCORPIO TANKERS INC
$72.00-0.55%-0.35%1.67%10.09%25.50%55.54%299.78%160.68%-20.62%$74.04$40.342.76%78.48%0.86818,83568.38%
TRGP
TARGA RESOURCES CORP
$112.800.44%-3.75%-2.73%30.83%28.86%58.32%203.55%182.35%3.06%$117.87$67.364.30%67.47%1.391,236,543-29.44%
FLNG
FLEX LNG LTD
$26.820.83%1.71%4.77%-5.70%-14.12%-17.30%122.39%N/AN/A$33.33$24.1619.53%11.01%0.94289,11655.28%
WES
WESTERN MIDSTREAM PARTNERS LP
$35.640.31%-1.00%-0.83%27.65%25.85%39.55%71.02%22.31%-28.93%$36.79$25.043.13%42.33%1.321,330,42998.43%
DHT
DHT HOLDINGS INC
$11.62-0.09%1.04%0.96%10.56%3.47%41.88%99.66%107.13%50.91%$11.96$7.602.80%52.89%0.552,200,44730.79%
LNG
CHENIERE ENERGY INC
$156.82-0.46%-3.02%0.22%-3.08%-8.32%4.83%95.00%143.81%178.94%$183.46$135.3014.52%15.91%0.742,637,982-30.05%
EURN
EURONAV NV
$16.91-0.53%0.96%1.93%-4.73%-5.79%8.54%93.26%74.69%N/A$18.51$14.108.62%19.93%0.65198,13337.09%
GLP
GLOBAL PARTNERS LP
$48.271.09%1.54%6.77%3.52%46.85%59.57%80.65%143.42%20.28%$49.50$27.072.48%78.32%0.7688,34329.23%
TK
TEEKAY CORP
$7.64-0.91%1.33%3.52%-7.06%3.95%43.61%123.39%72.07%-86.70%$9.28$5.2017.63%46.92%1.05547,18017.53%
VNOM
VIPER ENERGY INC
$37.46-0.43%-5.38%-5.19%18.92%32.98%38.74%103.04%16.59%N/A$41.22$24.489.12%53.02%1.13854,6241.91%
MPLX
MPLX LP
$41.270.36%-1.64%-1.55%10.08%15.34%21.60%45.88%27.18%-27.69%$42.90$33.123.80%24.61%0.661,138,245-9.51%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$17.610.69%-2.33%-6.73%16.08%11.17%38.88%85.56%-24.84%-69.51%$19.03$12.507.46%40.88%1.114,022,496-28.14%
KNTK
KINETIK HOLDINGS INC
$38.360.45%-2.44%-2.02%18.21%4.61%28.85%19.88%-24.04%N/A$40.42$28.825.10%33.10%1.32293,921-13.08%
ET
ENERGY TRANSFER LP
$16.061.07%0.50%1.52%14.96%18.87%30.25%74.57%6.08%-32.08%$16.08$12.180.12%31.91%0.8912,022,07729.12%
DLNG
DYNAGAS LNG PARTNERS LP
$3.92-5.31%2.08%29.80%31.54%51.94%54.33%44.12%69.33%-82.17%$4.18$2.276.18%72.69%0.6886,961-30.25%
MARPS
MARINE PETROLEUM TRUST
$4.04-2.65%-3.12%-14.95%-13.68%-15.66%-46.84%-4.33%70.46%-76.37%$7.83$3.9048.40%3.59%0.5513,685171.31%
WMB
WILLIAMS COMPANIES INC
$39.061.01%-0.38%0.28%13.88%9.26%32.14%56.43%42.66%-10.17%$39.76$28.271.76%38.17%0.946,641,59950.49%
PBA
PEMBINA PIPELINE CORP
$35.891.07%-0.53%0.00%6.85%11.29%10.74%11.36%1.53%-8.44%$36.17$28.150.77%27.50%1.13820,70518.16%
ENB
ENBRIDGE INC
$36.670.91%1.97%4.06%5.80%8.33%-7.54%-7.84%-0.24%-24.66%$40.30$31.039.01%18.18%0.863,929,903-4.20%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$6.28-0.63%4.15%1.29%2.78%30.29%62.69%163.87%230.53%N/A$6.74$3.596.76%74.93%0.94331,68438.96%
OKE
ONEOK INC
$78.071.09%-4.11%-2.39%14.91%17.79%22.91%46.17%17.89%23.53%$81.81$55.914.57%39.64%1.292,199,396-0.32%
ENLC
ENLINK MIDSTREAM LLC
$12.840.31%-8.94%-7.02%9.65%1.82%46.74%179.74%15.16%-64.73%$14.18$8.559.42%50.18%1.201,915,83361.32%
PAGP
PLAINS GP HOLDINGS LP
$18.37-0.16%-2.96%-6.51%15.17%12.70%38.54%89.38%-22.26%-75.80%$19.77$13.097.08%40.34%1.081,867,511-36.94%
CQP
CHENIERE ENERGY PARTNERS LP
$50.800.10%0.77%6.05%2.54%-10.26%12.89%22.17%18.08%56.79%$62.34$43.4218.51%17.00%0.67215,40312.10%
HESM
HESS MIDSTREAM LP
$34.731.40%-0.46%-3.63%4.36%15.65%22.63%55.88%65.46%N/A$36.84$26.865.73%29.30%0.90840,32948.53%
DTM
DT MIDSTREAM INC
$63.601.06%0.62%1.96%22.31%13.67%36.98%N/AN/AN/A$64.69$45.201.68%40.71%0.74513,64310.48%
BANL
CBL INTERNATIONAL LTD
$1.063.92%0.00%1.92%-22.63%-45.08%-65.02%N/AN/AN/A$5.49$0.8380.69%27.25%1.344,283-8.15%
KMI
KINDER MORGAN INC
$18.610.22%0.05%1.36%11.50%11.64%10.12%5.44%-4.27%-42.83%$18.92$15.891.64%17.12%0.8911,811,539-4.74%
AM
ANTERO MIDSTREAM CORP
$14.210.42%0.21%0.07%18.71%10.41%37.29%55.64%16.48%N/A$14.52$10.092.13%40.90%0.831,681,319-54.41%
ETRN
EQUITRANS MIDSTREAM CORP
$13.720.44%-1.15%9.32%35.44%53.30%167.45%66.71%-34.48%N/A$14.21$5.063.45%171.15%0.965,297,74223.80%
GEL
GENESIS ENERGY LP
$12.890.94%5.92%8.14%16.02%10.45%30.86%37.71%-40.27%-77.19%$13.23$8.052.57%60.12%1.31747,09343.07%
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$35.103.17%21.41%23.20%107.08%72.99%139.59%47.05%-71.88%-94.76%$36.00$13.002.50%170.00%1.78150,60413.59%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$2.86-0.69%6.72%10.42%27.68%8.54%14.40%23.81%-62.49%-93.11%$3.30$1.9513.33%46.67%0.8030,804-61.38%
PBT
PERMIAN BASIN ROYALTY TRUST
$11.831.11%-1.91%-7.00%-14.65%-34.50%-52.05%200.25%79.51%-11.65%$25.62$10.9553.83%8.04%0.6962,2959.85%
GLNG
GOLAR LNG LTD
$25.140.88%0.76%-1.02%16.01%9.78%18.58%124.26%29.52%-44.65%$25.90$19.622.93%28.13%1.27902,74927.77%
VIK
VIKING HOLDINGS LTD
$28.94-0.21%10.88%N/AN/AN/AN/AN/AN/AN/A$29.27$25.711.13%12.56%14.643,602,822-38.95%
NGL
NGL ENERGY PARTNERS LP
$5.910.00%0.17%-1.34%2.60%38.73%115.69%178.77%-56.64%-84.60%$6.20$2.664.60%122.60%1.09275,90791.34%
BROG
BROOGE ENERGY LTD
$1.050.96%-2.78%-25.53%-62.37%-78.66%-81.48%-88.71%-89.59%N/A$6.66$1.0184.23%3.96%0.16124,291-21.07%

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.