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	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
INSW	INTERNATIONAL SEAWAYS INC	$2.76B	34.00%	21.60%	26.91%	20.10%	0.47	2.38	70.60%	51.90%	58.42%
FRO	FRONTLINE PLC	$5.48B	33.60%	12.30%	15.13%	11.10%	1.60	1.78	56.50%	35.90%	45.34%
TRMD	TORM PLC	$2.99B	40.20%	22.70%	27.38%	21.40%	0.72	2.60	57.50%	42.60%	46.91%
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$106.43M	20.60%	18.90%	20.14%	29.40%	0.04	12.61	48.40%	38.70%	39.71%
TNK	TEEKAY TANKERS LTD	$2.05B	37.10%	28.30%	31.76%	31.90%	0.23	4.41	49.10%	37.60%	40.37%
LPG	DORIAN LPG LTD	$1.70B	33.20%	17.30%	20.04%	15.00%	0.85	3.31	78.20%	55.00%	62.25%
NVGS	NAVIGATOR HOLDINGS LTD	$1.12B	7.00%	3.70%	7.51%	5.40%	0.82	1.38	54.40%	14.90%	27.50%
TNP	TSAKOS ENERGY NAVIGATION LTD	$781.60M	17.30%	8.00%	13.19%	9.40%	1.06	1.58	57.80%	30.00%	45.08%
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$61.51B	20.40%	8.00%	11.83%	9.00%	1.53	0.93	13.50%	11.10%	13.77%
TRP	TC ENERGY CORP	$39.03B	8.60%	2.20%	6.11%	4.40%	2.94	0.94	65.20%	16.70%	43.35%
STNG	SCORPIO TANKERS INC	$3.82B	21.90%	12.50%	19.64%	14.00%	0.66	1.13	75.50%	40.80%	54.44%
TRGP	TARGA RESOURCES CORP	$25.01B	41.60%	5.40%	12.24%	7.90%	6.02	0.70	25.60%	6.90%	13.71%
FLNG	FLEX LNG LTD	$1.44B	13.90%	4.30%	8.95%	5.70%	2.20	2.89	81.10%	32.40%	61.68%
WES	WESTERN MIDSTREAM PARTNERS LP	$13.56B	34.50%	8.60%	12.31%	8.10%	3.26	0.76	70.20%	32.10%	44.26%
DHT	DHT HOLDINGS INC	$1.87B	15.50%	10.80%	13.59%	11.30%	0.45	3.54	57.00%	28.80%	34.80%
LNG	CHENIERE ENERGY INC	$35.90B	121.30%	11.70%	20.09%	12.20%	8.14	0.98	59.80%	28.50%	42.52%
EURN	EURONAV NV	$3.29B	38.40%	22.10%	34.59%	22.50%	0.45	3.84	76.80%	52.60%	63.52%
GLP	GLOBAL PARTNERS LP	$1.64B	16.50%	4.10%	10.00%	7.80%	3.30	1.12	5.90%	0.80%	1.49%
TK	TEEKAY CORP	$695.29M	21.80%	7.00%	9.43%	10.20%	0.54	5.34	46.30%	10.30%	13.02%
VNOM	VIPER ENERGY INC	$6.62B	24.10%	5.90%	8.02%	7.40%	1.06	3.46	94.00%	24.20%	36.73%
MPLX	MPLX LP	$41.94B	31.70%	10.80%	13.95%	10.20%	1.78	0.72	58.90%	34.20%	40.95%
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.35B	9.40%	3.60%	7.77%	6.20%	1.31	0.98	5.70%	2.00%	3.57%
KNTK	KINETIK HOLDINGS INC	$5.80B	-53.10%	6.20%	5.75%	4.00%	-7.29	1.03	44.40%	30.80%	28.61%
ET	ENERGY TRANSFER LP	$54.09B	10.20%	3.20%	6.65%	5.00%	1.90	1.10	23.00%	4.40%	8.67%
DLNG	DYNAGAS LNG PARTNERS LP	$144.26M	8.10%	3.90%	16.68%	5.80%	1.03	0.23	76.50%	22.30%	46.79%
MARPS	MARINE PETROLEUM TRUST	$8.08M	93.00%	93.00%	90.64%	12,876,771.40%	0.00	N/A	100.00%	76.30%	76.33%
WMB	WILLIAMS COMPANIES INC	$47.60B	23.80%	5.60%	10.63%	8.10%	3.04	0.52	62.30%	27.20%	47.93%
PBA	PEMBINA PIPELINE CORP	$19.72B	10.50%	5.30%	8.60%	7.40%	1.06	0.82	31.10%	18.10%	27.69%
ENB	ENBRIDGE INC	$77.95B	9.40%	3.30%	7.26%	5.80%	1.89	0.83	51.10%	13.40%	27.09%
OSG	OVERSEAS SHIPHOLDING GROUP INC	$445.58M	17.80%	5.70%	11.39%	7.20%	2.05	0.68	42.60%	13.80%	22.92%
OKE	ONEOK INC	$45.57B	15.90%	5.70%	9.86%	7.80%	1.70	0.70	34.60%	12.50%	22.11%
ENLC	ENLINK MIDSTREAM LLC	$5.79B	15.70%	1.90%	6.64%	4.30%	6.24	0.78	30.20%	2.40%	7.07%
PAGP	PLAINS GP HOLDINGS LP	$3.62B	12.80%	0.70%	3.28%	2.70%	8.80	0.98	5.70%	0.40%	1.59%
CQP	CHENIERE ENERGY PARTNERS LP	$24.59B	-331.10%	16.40%	26.24%	12.10%	-22.29	0.37	50.50%	33.20%	42.23%
HESM	HESS MIDSTREAM LP	$7.86B	38.30%	3.20%	9.37%	5.10%	10.07	0.65	76.80%	8.80%	24.88%
DTM	DT MIDSTREAM INC	$6.18B	9.70%	4.50%	7.51%	7.00%	1.12	0.71	74.40%	42.50%	68.79%
BANL	CBL INTERNATIONAL LTD	$26.50M	6.10%	2.90%	6.55%	12.80%	1.11	1.86	1.70%	0.30%	0.38%
KMI	KINDER MORGAN INC	$41.30B	8.10%	3.50%	7.57%	6.80%	1.28	0.50	47.00%	16.10%	32.77%
AM	ANTERO MIDSTREAM CORP	$6.84B	18.10%	6.80%	13.08%	9.60%	1.67	1.25	80.30%	36.70%	69.56%
ETRN	EQUITRANS MIDSTREAM CORP	$5.95B	38.60%	3.50%	7.96%	5.30%	8.95	0.63	86.90%	28.50%	64.97%
GEL	GENESIS ENERGY LP	$1.58B	8.00%	0.60%	6.27%	4.20%	10.54	1.05	22.10%	1.30%	12.14%
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$373.77M	10.70%	3.30%	11.05%	6.90%	1.59	2.64	54.10%	17.50%	51.31%
MMLP	MARTIN MIDSTREAM PARTNERS LP	$111.54M	-5.80%	0.70%	16.03%	7.70%	-9.33	1.25	55.40%	0.50%	9.15%
PBT	PERMIAN BASIN ROYALTY TRUST	$551.38M	13,651.80%	758.30%	N/A	13,651.80%	27.32	N/A	100.00%	96.20%	96.16%
GLNG	GOLAR LNG LTD	$2.63B	N/A	-1.10%	-1.27%	-1.10%	-0.72	1.49	68.70%	-15.70%	-15.05%
VIK	VIKING HOLDINGS LTD	N/A	N/A	N/A	-31.79%	N/A	-2.59	0.54	39.50%	-39.50%	-27.88%
NGL	NGL ENERGY PARTNERS LP	$783.15M	-9.90%	-1.40%	7.01%	5.50%	5.33	1.23	14.10%	-1.10%	4.06%
BROG	BROOGE ENERGY LTD	$115.07M	N/A	N/A	N/A	N/A	2.56	0.11	N/A	N/A	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.