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

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
INSW	INTERNATIONAL SEAWAYS INC	$2.76B	$1.07B	$755.12M	$556.45M	$11.35	23.95%	31.71%	44.59%	N/A	2024-05-08
FRO	FRONTLINE PLC	$5.48B	$1.83B	$1.06B	$656.41M	$2.95	26.98%	19.73%	32.88%	N/A	2024-05-22
TRMD	TORM PLC	$2.99B	$1.52B	$862.47M	$648.27M	$7.75	5.34%	19.07%	11.99%	N/A	2024-05-11
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$106.43M	$183.73M	$88.65M	$71.13M	$3.22	89.37%	N/A	11.42%	N/A
TNK	TEEKAY TANKERS LTD	$2.05B	$1.36B	$648.42M	$513.67M	$15.04	28.35%	11.93%	123.15%	N/A	2024-05-09
LPG	DORIAN LPG LTD	$1.70B	$552.96M	$435.96M	$304.23M	$7.57	64.72%	27.74%	130.09%	N/A	2024-05-22
NVGS	NAVIGATOR HOLDINGS LTD	$1.12B	$550.74M	$280.68M	$82.26M	$1.11	16.24%	12.18%	60.87%	N/A	2024-05-15
TNP	TSAKOS ENERGY NAVIGATION LTD	$781.60M	$889.57M	$524.12M	$266.74M	$9.04	3.39%	10.92%	50.17%	N/A	2024-06-14
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$61.51B	$49.72B	$8.92B	$5.53B	$2.52	-14.56%	6.35%	0.80%	5.70%
TRP	TC ENERGY CORP	$39.03B	$11.77B	$7.15B	$1.97B	$1.90	7.03%	2.95%	65.04%	-9.37%
STNG	SCORPIO TANKERS INC	$3.82B	$1.34B	$932.63M	$546.90M	$10.44	-14.18%	18.05%	-9.14%	N/A	2024-05-09
TRGP	TARGA RESOURCES CORP	$25.01B	$16.10B	$3.55B	$1.10B	$4.89	-21.42%	9.29%	24.43%	N/A	2024-05-16
FLNG	FLEX LNG LTD	$1.44B	$371.02M	$302.20M	$120.04M	$2.24	6.64%	36.88%	-36.54%	50.51%	2024-05-31
WES	WESTERN MIDSTREAM PARTNERS LP	$13.56B	$3.11B	$1.98B	$998.53M	$2.61	-4.47%	6.20%	-13.29%	9.08%	2024-05-09
DHT	DHT HOLDINGS INC	$1.87B	$560.56M	$303.97M	$161.35M	$0.99	23.43%	8.32%	167.57%	N/A	2024-05-14
LNG	CHENIERE ENERGY INC	$35.90B	$17.34B	$9.20B	$4.95B	$20.74	-47.86%	16.71%	-33.72%	83.75%
EURN	EURONAV NV	$3.29B	$1.63B	$1.26B	$858.03M	$4.25	68.83%	21.19%	320.79%	N/A	2024-05-08
GLP	GLOBAL PARTNERS LP	$1.64B	$16.49B	$356.36M	$128.04M	$3.77	-12.64%	5.41%	-62.52%	4.89%	2024-05-08
TK	TEEKAY CORP	$695.29M	$1.46B	$288.36M	$150.64M	$1.59	23.09%	-3.25%	106.49%	N/A	2024-05-09
VNOM	VIPER ENERGY INC	$6.62B	$864.13M	$479.43M	$209.48M	$2.72	3.67%	24.56%	19.82%	4.53%
MPLX	MPLX LP	$41.94B	$11.41B	$5.91B	$3.91B	$3.88	-2.58%	7.86%	0.00%	11.02%
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.35B	$48.71B	$2.79B	$976.00M	$1.40	-15.05%	7.42%	17.65%	-12.76%
KNTK	KINETIK HOLDINGS INC	$5.80B	$1.26B	$640.38M	$386.45M	$5.25	3.54%	74.91%	257.14%	N/A	2024-05-09
ET	ENERGY TRANSFER LP	$54.09B	$78.59B	$11.20B	$3.47B	$1.10	-12.56%	7.76%	-21.43%	-1.73%	2024-05-08
DLNG	DYNAGAS LNG PARTNERS LP	$144.26M	$160.48M	$107.24M	$35.85M	$0.66	21.89%	4.77%	-42.61%	N/A	2024-06-18
MARPS	MARINE PETROLEUM TRUST	$8.08M	$1.18M	N/A	$901.37k	$0.45	-40.46%	4.03%	-47.06%	3.99%	2024-05-10
WMB	WILLIAMS COMPANIES INC	$47.60B	$10.60B	$7.19B	$2.88B	$2.38	-8.03%	4.14%	11.74%	N/A	2024-05-07
PBA	PEMBINA PIPELINE CORP	$19.72B	$6.76B	$2.36B	$1.22B	$2.22	-19.05%	4.73%	-39.87%	5.96%	2024-05-10
ENB	ENBRIDGE INC	$77.95B	$32.57B	$12.27B	$4.36B	$2.12	-15.66%	-0.91%	128.59%	14.58%	2024-05-10
OSG	OVERSEAS SHIPHOLDING GROUP INC	$445.58M	$451.87M	$236.50M	$62.45M	$0.80	-3.20%	4.30%	166.67%	39.77%	2024-06-06
OKE	ONEOK INC	$45.57B	$17.94B	$4.83B	$2.25B	$4.24	-16.43%	7.89%	-20.30%	7.38%	2024-05-22
ENLC	ENLINK MIDSTREAM LLC	$5.79B	$6.78B	$1.14B	$162.50M	$0.35	-25.34%	-2.55%	-56.79%	N/A
PAGP	PLAINS GP HOLDINGS LP	$3.62B	$48.71B	$1.82B	$198.00M	$1.01	-15.05%	7.42%	17.44%	-13.78%
CQP	CHENIERE ENERGY PARTNERS LP	$24.59B	$9.04B	$4.49B	$3.00B	$4.63	-46.16%	6.56%	-32.80%	12.32%
HESM	HESS MIDSTREAM LP	$7.86B	$1.35B	$528.00M	$118.60M	$2.11	5.76%	13.60%	3.94%	10.69%
DTM	DT MIDSTREAM INC	$6.18B	$942.00M	$854.00M	$400.00M	$4.12	1.84%	N/A	7.57%	N/A	2024-05-10
BANL	CBL INTERNATIONAL LTD	$26.50M	$435.90M	$1.98M	$1.14M	$0.05	-5.83%	N/A	-73.68%	N/A
KMI	KINDER MORGAN INC	$41.30B	$15.29B	$7.28B	$2.46B	$1.09	-18.66%	1.55%	-2.68%	9.90%	2024-05-08
AM	ANTERO MIDSTREAM CORP	$6.84B	$1.06B	$876.20M	$389.21M	$0.81	10.45%	81.35%	17.39%	21.98%	2024-06-05
ETRN	EQUITRANS MIDSTREAM CORP	$5.95B	$1.38B	$1.24B	$394.03M	$0.91	-0.72%	-1.81%	N/A	3.67%
GEL	GENESIS ENERGY LP	$1.58B	$3.16B	$663.97M	$42.10M	$0.34	7.09%	2.37%	N/A	N/A
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$373.77M	$465.28M	$364.47M	$81.39M	$7.75	20.55%	-2.23%	N/A	N/A
MMLP	MARTIN MIDSTREAM PARTNERS LP	$111.54M	$734.26M	$116.81M	$3.72M	$0.10	-25.40%	-5.39%	N/A	-32.43%
PBT	PERMIAN BASIN ROYALTY TRUST	$551.38M	$29.10M	N/A	$27.98M	$0.60	-46.58%	-1.95%	-47.83%	-1.89%
GLNG	GOLAR LNG LTD	$2.63B	$298.43M	$5.39M	-$46.79M	-$0.44	11.46%	-7.07%	N/A	N/A	2024-05-28
VIK	VIKING HOLDINGS LTD	N/A	$4.71B	-$1.06B	-$1.86B	-$4.44	48.32%	N/A	N/A	N/A
NGL	NGL ENERGY PARTNERS LP	$783.15M	$7.38B	$586.32M	-$78.61M	-$0.60	-19.65%	-2.21%	N/A	N/A	2024-05-29
BROG	BROOGE ENERGY LTD	$115.07M	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.