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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
INSW	INTERNATIONAL SEAWAYS INC	$56.33	$191.42	-70.57%	4.96x	10.98x	2.57x	1.61x	0.15x	$547.77M	19.85%	$1.72B	35.05	$3.37B	4.47
FRO	FRONTLINE PLC	$24.63	$44.90	-45.15%	8.35x	N/A	3.00x	2.43x	0.30x	-$632.50M	-11.53%	$2.26B	10.15	$8.63B	8.15
TRMD	TORM PLC	$34.72	$114.49	-69.67%	4.48x	N/A	1.97x	1.80x	0.17x	$461.22M	15.41%	$1.66B	19.30	$3.76B	4.36
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$3.57	$27.06	-86.80%	1.11x	N/A	0.36x	0.29x	0.13x	$55.25M	83.19%	$362.31M	19.48	-$17.60M	-0.20
TNK	TEEKAY TANKERS LTD	$60.27	N/A	N/A	4.01x	10.20x	1.51x	1.35x	N/A	$615.87M	29.91%	$1.53B	44.67	$1.90B	2.94
LPG	DORIAN LPG LTD	$42.00	N/A	N/A	5.55x	40.00x	3.06x	1.73x	N/A	$265.63M	15.67%	$984.06M	24.39	$2.31B	5.31
NVGS	NAVIGATOR HOLDINGS LTD	$15.36	$17.71	-13.26%	13.84x	9.97x	2.07x	0.94x	0.46x	$3.46M	0.31%	$1.19B	16.06	$1.82B	6.50
TNP	TSAKOS ENERGY NAVIGATION LTD	$26.49	$165.33	-83.98%	2.93x	6.19x	0.88x	0.48x	0.08x	$262.84M	33.63%	$1.62B	54.86	$2.01B	3.83
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$28.37	$18.03	57.39%	11.26x	10.79x	1.24x	2.22x	2.37x	$4.30B	7.00%	$27.67B	12.76	$89.94B	10.09
TRP	TC ENERGY CORP	$37.62	$48.26	-22.05%	19.81x	10.81x	3.31x	1.79x	0.35x	-$397.83M	-1.02%	$21.81B	21.03	$83.51B	11.68
STNG	SCORPIO TANKERS INC	$72.00	$514.94	-86.02%	6.90x	15.75x	2.81x	1.50x	0.06x	$907.28M	24.06%	$2.55B	48.76	$4.63B	4.96
TRGP	TARGA RESOURCES CORP	$112.80	$86.74	30.05%	23.07x	15.52x	1.56x	9.25x	0.66x	$344.10M	1.37%	$2.70B	12.14	$37.96B	10.68
FLNG	FLEX LNG LTD	$26.82	$39.23	-31.63%	11.97x	8.41x	3.88x	1.70x	0.35x	$175.03M	12.14%	$847.65M	15.77	$2.84B	9.41
WES	WESTERN MIDSTREAM PARTNERS LP	$35.64	$45.11	-20.99%	13.66x	9.45x	4.39x	4.68x	0.41x	$926.25M	6.78%	$2.90B	7.57	$21.19B	10.73
DHT	DHT HOLDINGS INC	$11.62	$8.15	42.57%	11.74x	10.47x	3.36x	1.82x	1.50x	$123.18M	6.54%	$1.03B	6.33	$2.22B	7.32
LNG	CHENIERE ENERGY INC	$156.82	$557.07	-71.85%	7.56x	30.10x	2.12x	8.45x	0.12x	$4.18B	11.39%	$4.25B	18.15	$59.48B	6.47
EURN	EURONAV NV	$16.91	N/A	N/A	3.98x	7.90x	2.09x	1.40x	N/A	$1.71B	49.95%	$2.36B	11.68	$3.76B	2.99
GLP	GLOBAL PARTNERS LP	$48.27	$25.39	90.10%	12.80x	N/A	0.10x	2.05x	3.59x	$123.28M	7.52%	$800.66M	23.57	$3.10B	8.70
TK	TEEKAY CORP	$7.64	$149.03	-94.87%	4.81x	N/A	0.49x	0.95x	0.02x	$646.82M	89.61%	$732.28M	7.75	$430.43M	1.49
VNOM	VIPER ENERGY INC	$37.46	N/A	N/A	13.77x	18.36x	3.79x	6.14x	N/A	-$164.54M	-5.02%	$1.08B	12.33	$7.70B	16.06
MPLX	MPLX LP	$41.27	N/A	N/A	10.64x	12.28x	3.64x	3.26x	N/A	$4.46B	10.73%	$12.85B	12.75	$62.28B	10.54
PAA	PLAINS ALL AMERICAN PIPELINE LP	$17.61	$10.96	60.67%	12.58x	11.74x	0.25x	1.18x	1.88x	$2.15B	17.50%	$10.42B	14.91	$19.92B	7.15
KNTK	KINETIK HOLDINGS INC	$38.36	N/A	N/A	7.31x	11.80x	1.58x	-10.93x	N/A	$271.62M	13.66%	-$530.82M	-10.24	$9.40B	14.67
ET	ENERGY TRANSFER LP	$16.06	$11.03	45.57%	14.60x	12.65x	0.69x	1.47x	1.13x	$6.42B	11.87%	$36.68B	10.89	$107.15B	9.57
DLNG	DYNAGAS LNG PARTNERS LP	$3.92	$9.43	-58.42%	5.94x	4.51x	0.90x	0.32x	0.24x	$60.15M	41.68%	$448.24M	12.18	$490.10M	4.57
MARPS	MARINE PETROLEUM TRUST	$4.04	$2.93	37.96%	8.98x	N/A	6.85x	8.12x	3.08x	N/A	N/A	$994.49k	0.50	$7.09M	N/A
WMB	WILLIAMS COMPANIES INC	$39.06	N/A	N/A	16.41x	23.53x	4.49x	3.82x	N/A	$3.09B	6.50%	$12.45B	10.22	$73.82B	10.26
PBA	PEMBINA PIPELINE CORP	$35.89	$17.62	103.64%	16.15x	13.54x	2.92x	1.68x	2.31x	$1.50B	7.61%	$11.71B	21.30	$27.87B	11.79
ENB	ENBRIDGE INC	$36.67	$17.82	105.81%	17.31x	15.09x	2.39x	1.70x	2.07x	$6.96B	8.93%	$45.86B	21.58	$134.08B	10.93
OSG	OVERSEAS SHIPHOLDING GROUP INC	$6.28	$12.51	-49.79%	7.85x	N/A	1.09x	1.26x	0.27x	$72.17M	14.65%	$354.05M	4.51	$943.22M	3.99
OKE	ONEOK INC	$78.07	$24.73	215.64%	18.41x	18.07x	2.54x	2.77x	18.69x	$1.98B	4.34%	$16.45B	28.15	$67.50B	13.99
ENLC	ENLINK MIDSTREAM LLC	$12.84	$9.81	30.89%	36.69x	18.61x	0.85x	6.47x	0.57x	$788.50M	13.61%	$896.20M	1.99	$10.35B	9.07
PAGP	PLAINS GP HOLDINGS LP	$18.37	N/A	N/A	18.19x	54.03x	0.07x	2.34x	N/A	$2.15B	59.99%	$1.55B	7.94	$11.19B	6.14
CQP	CHENIERE ENERGY PARTNERS LP	$50.80	$39.97	27.11%	10.97x	16.49x	2.72x	-29.91x	1.22x	$2.76B	11.24%	-$822.00M	-1.70	$40.04B	8.92
HESM	HESS MIDSTREAM LP	$34.73	$24.06	44.37%	16.46x	13.73x	1.45x	23.10x	0.97x	$642.90M	32.94%	$340.20M	6.05	$11.07B	20.96
DTM	DT MIDSTREAM INC	$63.60	$26.03	144.30%	15.44x	15.04x	6.55x	1.48x	6.51x	$153.00M	2.48%	$4.17B	42.95	$9.31B	10.90
BANL	CBL INTERNATIONAL LTD	$1.06	N/A	N/A	23.56x	N/A	0.06x	1.05x	N/A	-$10.81M	-40.75%	$25.31M	1.01	$19.47M	9.82
KMI	KINDER MORGAN INC	$18.61	$8.42	121.12%	17.07x	15.91x	2.70x	1.36x	2.68x	$3.89B	9.41%	$30.37B	13.68	$73.33B	10.07
AM	ANTERO MIDSTREAM CORP	$14.21	$7.14	99.05%	17.54x	15.79x	6.42x	3.18x	1.85x	$629.01M	9.23%	$2.15B	4.48	$9.99B	11.40
ETRN	EQUITRANS MIDSTREAM CORP	$13.72	N/A	N/A	15.08x	16.73x	4.31x	5.53x	N/A	$573.03M	9.61%	$1.08B	2.48	$13.69B	11.00
GEL	GENESIS ENERGY LP	$12.89	$2.66	385.42%	37.91x	N/A	0.50x	3.16x	5.72x	-$113.18M	-7.17%	$498.91M	4.07	$5.38B	8.10
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$35.10	N/A	N/A	4.53x	-8.14x	0.79x	0.44x	N/A	$51.96M	14.17%	$848.61M	81.22	$1.18B	3.24
MMLP	MARTIN MIDSTREAM PARTNERS LP	$2.86	N/A	N/A	28.60x	N/A	0.15x	-1.81x	N/A	$62.03M	55.87%	-$61.50M	-1.58	$585.12M	5.01
PBT	PERMIAN BASIN ROYALTY TRUST	$11.83	N/A	N/A	19.72x	N/A	18.96x	2,489.60x	N/A	N/A	N/A	$221.47k	0.01	$545.33M	N/A
GLNG	GOLAR LNG LTD	$25.14	N/A	N/A	-57.14x	11.64x	8.81x	-1.27x	N/A	$132.68M	5.05%	-$2.07B	-19.77	$3.07B	570.28
VIK	VIKING HOLDINGS LTD	$28.94	N/A	N/A	-6.52x	N/A	1.36x	N/A	N/A	$695.00M	10.82%	-$5.35B	-24.12	N/A	N/A
NGL	NGL ENERGY PARTNERS LP	$5.91	N/A	N/A	-9.85x	N/A	0.11x	0.93x	N/A	$387.36M	49.58%	$844.94M	6.39	$3.57B	6.09
BROG	BROOGE ENERGY LTD	$1.05	N/A	N/A	N/A	N/A	N/A	0.81x	N/A	N/A	N/A	$142.46M	1.30	$372.75M	N/A

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.