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	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
FRO	FRONTLINE PLC	$23.39	915,863	-35.30%	23.28	23.59	23.34	22.39	20.65	49.33	38.50	41.77	44.60	49.03	0.01	0.04	-0.03	0.79
INSW	INTERNATIONAL SEAWAYS INC	$54.64	762,018	15.37%	54.09	53.41	52.94	51.16	47.78	56.80	82.70	90.87	85.77	94.20	0.60	0.37	0.22	0.70
TNK	TEEKAY TANKERS LTD	$57.61	252,379	4.66%	57.27	57.47	56.50	55.79	49.94	51.18	62.90	67.54	80.28	90.33	0.24	0.18	0.06	0.73
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$3.59	338,235	-12.13%	3.46	3.47	3.25	3.06	2.42	56.21	55.13	51.95	76.59	73.66	0.09	0.07	0.02	0.71
TRMD	TORM PLC	$33.82	511,822	83.60%	33.62	34.07	34.09	33.28	30.39	48.31	55.08	58.41	71.55	75.09	-0.06	-0.14	0.08	0.34
LPG	DORIAN LPG LTD	$41.10	501,429	-23.99%	41.16	40.33	38.56	39.63	35.31	55.83	75.37	79.53	58.18	74.18	0.83	0.78	0.05	0.94
NVGS	NAVIGATOR HOLDINGS LTD	$15.14	162,327	18.98%	15.05	15.13	15.15	15.21	14.66	49.94	52.38	56.71	76.25	86.61	-0.03	-0.04	0.01	0.94
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$27.74	5,836,839	-33.29%	28.66	28.88	28.60	27.61	27.20	32.92	18.25	35.04	10.19	32.28	-0.11	0.04	-0.14	0.74
TNP	TSAKOS ENERGY NAVIGATION LTD	$25.72	164,663	-34.41%	25.19	25.41	24.90	24.08	22.36	55.67	74.77	75.55	85.56	87.29	0.13	0.09	0.04	0.79
CQP	CHENIERE ENERGY PARTNERS LP	$49.06	155,482	15.69%	48.82	48.08	48.91	50.59	52.42	52.48	75.33	78.92	76.76	83.50	0.04	-0.19	0.23	0.67
STNG	SCORPIO TANKERS INC	$69.31	648,506	1.26%	70.58	70.72	70.10	67.07	59.72	44.29	52.01	70.59	46.11	71.80	0.10	0.19	-0.10	0.86
FLNG	FLEX LNG LTD	$26.09	305,680	51.48%	25.96	25.74	25.51	27.30	28.96	55.54	83.22	87.46	75.64	87.44	0.12	0.05	0.07	0.94
LNG	CHENIERE ENERGY INC	$157.03	2,222,577	-12.61%	159.42	157.94	157.85	161.98	164.47	46.46	58.99	65.32	56.88	64.82	0.11	0.10	0.01	0.74
WMB	WILLIAMS COMPANIES INC	$37.89	7,768,840	-1.74%	38.70	38.61	37.61	36.15	35.43	44.55	54.86	73.27	34.44	57.34	0.25	0.36	-0.11	0.93
TRP	TC ENERGY CORP	$35.73	4,048,879	6.97%	35.86	36.42	38.60	38.80	37.38	30.91	37.26	35.20	86.90	91.59	-0.84	-0.93	0.08	0.84
DHT	DHT HOLDINGS INC	$11.39	1,303,587	10.68%	11.34	11.39	11.23	10.92	10.42	51.33	58.08	61.98	80.40	89.57	0.03	0.03	0.00	0.56
EURN	EURONAV NV	$16.66	170,021	42.08%	16.54	16.54	16.85	17.26	17.22	51.21	67.05	68.18	77.51	83.01	-0.02	-0.09	0.06	0.65
GLP	GLOBAL PARTNERS LP	$46.96	59,983	15.54%	46.74	46.15	46.31	44.82	38.56	54.75	72.17	77.04	71.93	84.50	0.33	0.18	0.15	0.76
VNOM	VIPER ENERGY INC	$37.13	1,637,022	59.50%	39.11	39.40	37.78	34.61	31.58	37.24	19.36	28.47	4.39	10.43	0.26	0.61	-0.36	1.13
TK	TEEKAY CORP	$7.51	649,302	61.71%	7.33	7.33	7.35	7.61	7.09	55.11	73.47	76.70	79.51	87.81	0.01	-0.03	0.03	1.06
WES	WESTERN MIDSTREAM PARTNERS LP	$34.34	1,698,231	75.45%	35.35	35.23	34.68	31.54	29.52	43.65	46.38	68.13	37.36	63.69	0.17	0.33	-0.16	1.31
ET	ENERGY TRANSFER LP	$15.48	13,058,646	-1.60%	15.80	15.68	15.41	14.68	14.06	45.87	69.23	83.64	62.20	81.46	0.10	0.13	-0.02	0.89
MPLX	MPLX LP	$41.59	2,646,124	-19.11%	41.45	41.27	40.71	38.96	37.17	56.82	70.39	78.88	88.81	93.01	0.30	0.25	0.05	0.66
TRGP	TARGA RESOURCES CORP	$112.41	2,424,993	40.16%	114.96	114.78	109.14	97.69	91.23	48.18	49.80	70.88	24.41	47.19	1.67	2.26	-0.59	1.38
KNTK	KINETIK HOLDINGS INC	$37.85	409,686	10.14%	38.81	38.89	37.40	35.30	35.26	44.02	40.61	57.73	21.31	36.33	0.26	0.47	-0.21	1.32
PAA	PLAINS ALL AMERICAN PIPELINE LP	$16.93	4,181,611	24.18%	17.80	17.91	17.31	16.37	15.80	38.91	27.98	39.71	21.27	31.45	0.05	0.18	-0.13	1.11
ENB	ENBRIDGE INC	$35.59	7,484,154	-6.90%	35.44	34.96	35.23	35.40	34.82	54.08	81.31	85.07	81.61	85.97	0.14	-0.01	0.15	0.86
DLNG	DYNAGAS LNG PARTNERS LP	$3.69	47,985	-32.18%	3.54	3.29	3.02	2.94	2.81	66.24	88.18	80.70	43.21	43.12	0.21	0.17	0.05	0.68
MARPS	MARINE PETROLEUM TRUST	$4.30	3,455	-72.18%	4.23	4.52	4.30	4.37	4.76	47.90	13.14	11.94	13.30	10.39	-0.05	-0.00	-0.05	0.56
PBA	PEMBINA PIPELINE CORP	$34.70	1,087,113	59.55%	35.28	35.18	35.10	34.54	32.82	43.77	64.51	77.80	60.56	79.71	0.08	0.07	0.01	1.13
OKE	ONEOK INC	$76.92	4,847,549	17.46%	79.86	79.35	78.05	73.81	69.93	39.63	51.87	73.09	41.48	69.08	0.45	0.70	-0.24	1.29
ENLC	ENLINK MIDSTREAM LLC	$12.87	5,680,563	198.77%	13.65	13.66	13.19	12.68	12.51	35.45	59.68	74.25	37.64	62.39	0.09	0.16	-0.07	1.20
OSG	OVERSEAS SHIPHOLDING GROUP INC	$6.14	208,303	-20.70%	6.05	6.07	6.12	5.86	5.15	53.38	72.41	61.00	80.39	68.69	-0.02	-0.03	0.01	0.94
PAGP	PLAINS GP HOLDINGS LP	$17.78	2,548,900	137.13%	18.64	18.77	18.06	17.10	16.47	38.72	31.95	42.96	17.22	26.65	0.08	0.22	-0.13	1.08
HESM	HESS MIDSTREAM LP	$33.48	1,009,227	-25.46%	34.91	35.18	35.18	33.73	31.98	32.19	19.04	26.73	18.55	31.29	-0.26	-0.06	-0.19	0.90
DTM	DT MIDSTREAM INC	$61.63	827,247	-44.54%	1.38	1.39	1.49	1.55	1.48	48.83	80.29	69.02	94.33	98.11	-0.03	-0.04	0.02	0.74
KMI	KINDER MORGAN INC	$18.23	18,081,745	12.73%	18.60	18.40	18.03	17.70	17.38	47.81	58.02	70.06	45.12	61.62	0.13	0.17	-0.04	0.89
AM	ANTERO MIDSTREAM CORP	$13.69	3,122,569	-7.03%	13.98	13.99	13.76	13.05	12.63	43.33	54.62	72.47	38.87	61.49	0.06	0.10	-0.04	0.82
NS	NUSTAR ENERGY LP	$22.37	1,750,508	105.82%	22.41	22.09	23.02	21.54	19.43	49.09	88.31	88.65	88.94	92.46	-0.07	-0.20	0.13	0.96
BANL	CBL INTERNATIONAL LTD	$1.05	12,784	27.20%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.35
ETRN	EQUITRANS MIDSTREAM CORP	$13.10	6,846,562	30.79%	13.19	12.87	11.91	11.10	10.26	58.13	71.70	85.17	54.47	79.70	0.45	0.43	0.02	0.96
GEL	GENESIS ENERGY LP	$11.77	325,985	67.60%	12.11	11.94	11.51	11.61	11.08	49.00	37.64	56.22	9.86	33.36	0.18	0.21	-0.03	1.31
MMLP	MARTIN MIDSTREAM PARTNERS LP	$2.71	35,311	-28.86%	2.69	2.64	2.57	2.48	2.52	55.83	83.33	80.28	61.50	57.71	0.04	0.04	0.00	0.80
PBT	PERMIAN BASIN ROYALTY TRUST	$11.46	77,154	-39.88%	11.95	12.16	12.52	13.46	17.09	39.29	22.72	35.75	45.21	59.58	-0.26	-0.23	-0.03	0.69
GLNG	GOLAR LNG LTD	$24.57	1,191,953	71.36%	25.00	25.08	23.61	22.87	22.87	49.33	28.63	38.34	1.44	2.24	0.26	0.42	-0.16	1.28
VIK	VIKING HOLDINGS LTD	$26.10	34,870,544	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$27.78	22,631	50.38%	28.12	28.19	24.32	20.75	18.60	57.01	56.13	66.08	35.33	48.58	1.02	1.32	-0.29	1.77
NGL	NGL ENERGY PARTNERS LP	$5.77	345,678	165.30%	5.82	5.86	5.86	5.63	4.82	46.40	37.13	38.09	41.26	40.88	-0.01	-0.00	-0.01	1.09
BROG	BROOGE ENERGY LTD	$1.08	89,281	3.85%	1.09	1.23	1.93	2.49	3.70	28.70	9.56	11.48	83.10	88.73	-0.25	-0.28	0.03	0.16

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. Frontline (NYSE:FRO)

Frontline (NYSE:FRO) is the top oil & gas midstream stock with a Zen Score of 62, which is 26 points higher than the oil & gas midstream industry average of 36. It passed 23 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 50.03% over the past year, overperforming other oil & gas midstream stocks by 31 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 11.59% from Frontline's current stock price of $23.39.

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.

2. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the second best 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 36.77% over the past year, overperforming other oil & gas midstream stocks by 17 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 18.96% from International Seaways's current stock price of $54.64.

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.

3. Teekay Tankers (NYSE:TNK)

Teekay Tankers (NYSE:TNK) 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 21 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock return 44.82% over the past year, overperforming other oil & gas midstream stocks by 25 percentage points.

Teekay Tankers has an average 1 year price target of $71.67, an upside of 24.4% from Teekay Tankers's current stock price of $57.61.

Teekay Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Teekay Tankers, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the oil & gas midstream stocks with highest dividends?

Out of 37 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 17.09%, which is 11 percentage points higher than the oil & gas midstream industry average of 6.1%. 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 11.98%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.1%. 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. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) has an annual dividend yield of 10.27%, which is 4 percentage points higher than the oil & gas midstream industry average of 6.1%. International Seaways's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. International Seaways's dividend has shown consistent growth over the last 10 years.

International Seaways's dividend payout ratio of 55.4% indicates that its high dividend yield is sustainable for the long-term.

Why are oil & gas midstream stocks down?

Oil & gas midstream stocks were down -0.98% in the last day, and down -1.74% over the last week. Enlink Midstream was the among the top losers in the oil & gas midstream industry, dropping -6.2% yesterday.

Shares of oil and gas companies are trading lower amid weakness in oil following a build of US crude inventories.

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. Plains All American Pipeline (NASDAQ:PAA)

Plains All American Pipeline (NASDAQ:PAA) is the 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 31.34% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 12 percentage points.

2. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)

Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the second 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 40.04% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 21 percentage points.

3. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. International Seaways 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.

International Seaways's stock has gained 36.77% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 17 percentage points.

Are oil & gas midstream stocks a good buy now?

45.45% 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 14.36% 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 14.35x.

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.

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.

Oil & Gas Midstream Stocks FAQ

1. Frontline (NYSE:FRO)

2. International Seaways (NYSE:INSW)

3. Teekay Tankers (NYSE:TNK)

1. Torm (NASDAQ:TRMD)

2. Flex Lng (NYSE:FLNG)

3. International Seaways (NYSE:INSW)

1. Plains All American Pipeline (NASDAQ:PAA)

2. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)

3. International Seaways (NYSE:INSW)

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