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	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
INSW	INTERNATIONAL SEAWAYS INC	$2.76B	$56.33	$65.00	15.39%	Strong Buy	2	-7.84%	N/A	N/A	N/A
FRO	FRONTLINE PLC	$5.48B	$24.63	$26.10	5.97%	Strong Buy	3	-30.01%	N/A	N/A	N/A
TRMD	TORM PLC	$2.99B	$34.72	$44.00	26.73%	Buy	1	N/A	N/A	N/A	N/A
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$106.43M	$3.57	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TNK	TEEKAY TANKERS LTD	$2.05B	$60.27	$71.67	18.91%	Strong Buy	3	-42.30%	-60.70%	N/A	N/A
LPG	DORIAN LPG LTD	$1.70B	$42.00	$47.00	11.90%	Buy	2	-14.81%	-86.13%	4.33%	2.34%
NVGS	NAVIGATOR HOLDINGS LTD	$1.12B	$15.36	$20.00	30.21%	Strong Buy	1	-5.72%	33.22%	N/A	N/A
TNP	TSAKOS ENERGY NAVIGATION LTD	$781.60M	$26.49	$30.00	13.25%	Strong Buy	1	0.53%	N/A	N/A	N/A
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$61.51B	$28.37	$33.71	18.84%	Strong Buy	7	8.47%	5.28%	N/A	N/A
TRP	TC ENERGY CORP	$39.03B	$37.62	$43.50	15.63%	Sell	2	2.16%	63.25%	N/A	N/A
STNG	SCORPIO TANKERS INC	$3.82B	$72.00	$89.00	23.61%	Strong Buy	3	-5.87%	N/A	N/A	N/A
TRGP	TARGA RESOURCES CORP	$25.01B	$112.80	$119.17	5.64%	Strong Buy	12	4.85%	35.00%	N/A	N/A
FLNG	FLEX LNG LTD	$1.44B	$26.82	N/A	N/A	N/A	N/A	0.26%	42.41%	N/A	N/A
WES	WESTERN MIDSTREAM PARTNERS LP	$13.56B	$35.64	$31.25	-12.32%	Hold	4	7.94%	37.44%	N/A	N/A
DHT	DHT HOLDINGS INC	$1.87B	$11.62	$15.50	33.39%	Strong Buy	2	-12.54%	8.71%	N/A	N/A
LNG	CHENIERE ENERGY INC	$35.90B	$156.82	$193.00	23.07%	Strong Buy	5	10.57%	N/A	N/A	N/A
EURN	EURONAV NV	$3.29B	$16.91	$19.19	13.47%	Hold	3	-24.72%	-91.60%	N/A	N/A
GLP	GLOBAL PARTNERS LP	$1.64B	$48.27	$44.00	-8.85%	Strong Buy	1	39.62%	N/A	N/A	N/A
TK	TEEKAY CORP	$695.29M	$7.64	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
VNOM	VIPER ENERGY INC	$6.62B	$37.46	$42.67	13.90%	Strong Buy	6	3.93%	-29.29%	N/A	N/A
MPLX	MPLX LP	$41.94B	$41.27	$46.25	12.07%	Strong Buy	8	3.40%	-14.45%	N/A	N/A
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.35B	$17.61	$20.14	14.38%	Buy	7	6.94%	6.69%	N/A	N/A
KNTK	KINETIK HOLDINGS INC	$5.80B	$38.36	$40.00	4.28%	Buy	5	16.19%	-51.20%	N/A	N/A
ET	ENERGY TRANSFER LP	$54.09B	$16.06	$19.67	22.46%	Strong Buy	3	11.77%	14.42%	N/A	N/A
DLNG	DYNAGAS LNG PARTNERS LP	$144.26M	$3.92	N/A	N/A	N/A	N/A	-2.98%	27.92%	N/A	N/A
MARPS	MARINE PETROLEUM TRUST	$8.08M	$4.04	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WMB	WILLIAMS COMPANIES INC	$47.60B	$39.06	$40.40	3.43%	Buy	5	7.37%	-54.79%	N/A	N/A
PBA	PEMBINA PIPELINE CORP	$19.72B	$35.89	$57.00	58.82%	Buy	1	2.34%	7.76%	N/A	N/A
ENB	ENBRIDGE INC	$77.95B	$36.67	N/A	N/A	N/A	N/A	4.90%	9.27%	N/A	N/A
OSG	OVERSEAS SHIPHOLDING GROUP INC	$445.58M	$6.28	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
OKE	ONEOK INC	$45.57B	$78.07	$83.00	6.31%	Buy	13	17.39%	1.09%	N/A	N/A
ENLC	ENLINK MIDSTREAM LLC	$5.79B	$12.84	$15.00	16.82%	Strong Buy	4	9.65%	71.55%	N/A	N/A
PAGP	PLAINS GP HOLDINGS LP	$3.62B	$18.37	$20.00	8.87%	Hold	6	10.10%	N/A	N/A	N/A
CQP	CHENIERE ENERGY PARTNERS LP	$24.59B	$50.80	$47.50	-6.50%	Sell	2	6.18%	N/A	N/A	N/A
HESM	HESS MIDSTREAM LP	$7.86B	$34.73	$37.67	8.46%	Buy	3	10.11%	16.89%	N/A	N/A
DTM	DT MIDSTREAM INC	$6.18B	$63.60	$62.60	-1.57%	Buy	5	7.70%	2.64%	N/A	N/A
BANL	CBL INTERNATIONAL LTD	$26.50M	$1.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
KMI	KINDER MORGAN INC	$41.30B	$18.61	$20.00	7.47%	Hold	1	5.99%	7.09%	N/A	N/A
AM	ANTERO MIDSTREAM CORP	$6.84B	$14.21	N/A	N/A	N/A	N/A	2.51%	10.55%	N/A	N/A
ETRN	EQUITRANS MIDSTREAM CORP	$5.95B	$13.72	$12.25	-10.71%	Buy	4	8.10%	-10.43%	N/A	N/A
GEL	GENESIS ENERGY LP	$1.58B	$12.89	$15.00	16.37%	Buy	1	N/A	N/A	N/A	N/A
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$373.77M	$35.10	N/A	N/A	N/A	N/A	N/A	N/A	-5.41%	-1.98%
MMLP	MARTIN MIDSTREAM PARTNERS LP	$111.54M	$2.86	N/A	N/A	N/A	N/A	1.79%	N/A	N/A	N/A
PBT	PERMIAN BASIN ROYALTY TRUST	$551.38M	$11.83	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GLNG	GOLAR LNG LTD	$2.63B	$25.14	N/A	N/A	N/A	N/A	-4.47%	N/A	N/A	N/A
VIK	VIKING HOLDINGS LTD	N/A	$28.94	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NGL	NGL ENERGY PARTNERS LP	$783.15M	$5.91	N/A	N/A	N/A	N/A	-2.02%	N/A	N/A	N/A
BROG	BROOGE ENERGY LTD	$115.07M	$1.05	N/A	N/A	N/A	N/A	N/A	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.