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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
INSW
INTERNATIONAL SEAWAYS INC
$2.76B9.96%55.40%$1.3200$5.6193%4
FRO
FRONTLINE PLC
$5.48B8.81%73.60%$0.3700$2.1792%7
TRMD
TORM PLC
$2.99B16.65%90.50%$1.3600$5.7898%2
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$106.43MN/A0.00%N/AN/AN/AN/A
TNK
TEEKAY TANKERS LTD
$2.05B3.32%13.30%$0.2500$2.0059%4
LPG
DORIAN LPG LTD
$1.70B7.14%52.80%$1.0000$3.0088%12024-05-072024-05-30
NVGS
NAVIGATOR HOLDINGS LTD
$1.12B0.98%9.00%$0.0500$0.1518%0
TNP
TSAKOS ENERGY NAVIGATION LTD
$781.60M3.78%11.10%$0.3000$1.0066%4
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$61.51B7.16%79.60%$0.5150$2.0388%02024-05-14
TRP
TC ENERGY CORP
$39.03B8.12%161.00%$0.9600$3.0690%12024-06-282024-07-31
STNG
SCORPIO TANKERS INC
$3.82B1.74%12.00%$0.4000$1.2536%1
TRGP
TARGA RESOURCES CORP
$25.01B1.99%46.00%$0.7500$2.2540%12024-05-15
FLNG
FLEX LNG LTD
$1.44B11.65%139.50%$0.7500$3.1395%3
WES
WESTERN MIDSTREAM PARTNERS LP
$13.56B7.26%98.40%$0.8750$2.5989%22024-05-15
DHT
DHT HOLDINGS INC
$1.87B8.52%100.00%$0.2200$0.9991%9
LNG
CHENIERE ENERGY INC
$35.90B1.06%8.00%$0.4350$1.6620%02024-05-092024-05-17
EURN
EURONAV NV
$3.29B12.54%49.90%$0.5700$2.1296%7
GLP
GLOBAL PARTNERS LP
$1.64B5.62%72.00%$0.7000$2.7283%32024-05-082024-05-15
TK
TEEKAY CORP
$695.29MN/A0.00%$0.0550N/AN/A1
VNOM
VIPER ENERGY INC
$6.62B3.36%46.30%$0.5700$1.2660%82024-05-142024-05-22
MPLX
MPLX LP
$41.94B8.06%83.80%$0.8500$3.3390%12024-05-13
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.35B6.64%80.00%$0.3175$1.1787%32024-05-15
KNTK
KINETIK HOLDINGS INC
$5.80B7.82%57.10%$0.7500$3.0090%02024-05-09
ET
ENERGY TRANSFER LP
$54.09B5.84%113.20%$0.3150$0.9484%12024-05-102024-05-20
DLNG
DYNAGAS LNG PARTNERS LP
$144.26MN/A0.00%$0.0625N/AN/A3
MARPS
MARINE PETROLEUM TRUST
$8.08M10.33%105.60%$0.1016$0.4294%16
WMB
WILLIAMS COMPANIES INC
$47.60B4.65%76.40%$0.4750$1.8276%12024-06-072024-06-24
PBA
PEMBINA PIPELINE CORP
$19.72B5.99%88.10%$0.6675$2.1584%5
ENB
ENBRIDGE INC
$77.95B7.22%124.10%$0.6799$2.6589%02024-05-142024-06-01
OSG
OVERSEAS SHIPHOLDING GROUP INC
$445.58M1.91%7.50%$0.0600$0.1239%1
OKE
ONEOK INC
$45.57B4.98%91.70%$0.9900$3.8979%02024-05-15
ENLC
ENLINK MIDSTREAM LLC
$5.79B4.01%147.10%$0.1325$0.5270%22024-05-14
PAGP
PLAINS GP HOLDINGS LP
$3.62B2.91%79.40%$0.2675$0.5454%3
CQP
CHENIERE ENERGY PARTNERS LP
$24.59B4.06%89.10%$1.0300$2.0670%02024-05-082024-05-15
HESM
HESS MIDSTREAM LP
$7.86B1.73%56.20%$0.6011$0.6035%0
DTM
DT MIDSTREAM INC
$6.18BN/A33.50%$0.6400N/AN/A0
BANL
CBL INTERNATIONAL LTD
$26.50MN/A0.00%N/AN/AN/AN/A
KMI
KINDER MORGAN INC
$41.30B6.10%103.70%$0.2875$1.1485%12024-05-15
AM
ANTERO MIDSTREAM CORP
$6.84B1.58%55.60%$0.2250$0.2332%1
ETRN
EQUITRANS MIDSTREAM CORP
$5.95B4.37%65.90%$0.1500$0.6073%12024-05-15
GEL
GENESIS ENERGY LP
$1.58B4.65%176.50%$0.1500$0.6076%22024-05-15
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$373.77MN/A0.00%$1.8750N/AN/A2
MMLP
MARTIN MIDSTREAM PARTNERS LP
$111.54M0.52%20.00%$0.0050$0.028%42024-05-072024-05-15
PBT
PERMIAN BASIN ROYALTY TRUST
$551.38M5.73%99.80%$0.0882$0.6883%62024-05-14
GLNG
GOLAR LNG LTD
$2.63B3.98%-227.30%$0.2500$1.0069%1
VIK
VIKING HOLDINGS LTD
N/AN/A0.00%N/AN/AN/AN/A
NGL
NGL ENERGY PARTNERS LP
$783.15MN/A0.00%$0.1000N/AN/A3
BROG
BROOGE ENERGY LTD
$115.07MN/AN/AN/AN/AN/AN/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.