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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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
FRO
FRONTLINE PLC
$23.39-0.43%2.95%-2.26%6.13%2.90%50.03%193.84%190.20%39.23%$25.14$13.356.94%75.21%0.79915,863-35.30%
INSW
INTERNATIONAL SEAWAYS INC
$54.64-1.18%1.98%0.81%4.24%10.23%36.77%193.29%205.25%N/A$56.14$34.772.67%57.15%0.70762,01815.37%
TNK
TEEKAY TANKERS LTD
$57.61-1.13%1.78%-5.34%-5.11%12.06%44.82%310.33%566.78%104.00%$64.42$35.0010.57%64.60%0.73252,3794.66%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$3.59-2.85%4.52%10.99%7.98%112.13%40.04%N/AN/AN/A$4.53$1.1820.77%203.81%0.71338,235-12.13%
TRMD
TORM PLC
$33.82-1.77%1.35%-3.87%-3.12%8.12%14.10%271.65%336.95%N/A$37.11$22.318.87%51.59%0.34511,82283.60%
LPG
DORIAN LPG LTD
$41.10-0.53%-1.70%0.56%7.79%18.21%83.81%193.57%415.04%N/A$49.54$21.0717.04%95.06%0.94501,429-23.99%
NVGS
NAVIGATOR HOLDINGS LTD
$15.140.80%1.54%-1.94%-5.96%6.32%10.67%37.64%34.58%-43.55%$16.48$12.328.13%22.89%0.94162,32718.98%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$27.74-1.21%-4.51%-5.55%3.51%6.82%5.48%20.87%-4.67%-24.03%$29.99$25.197.50%10.12%0.745,836,839-33.29%
TNP
TSAKOS ENERGY NAVIGATION LTD
$25.72-0.23%3.75%-0.46%8.43%14.46%52.46%162.18%62.78%-27.04%$27.20$15.505.44%65.94%0.79164,663-34.41%
CQP
CHENIERE ENERGY PARTNERS LP
$49.061.26%1.87%-0.69%-7.42%-13.72%7.31%14.33%10.02%48.67%$62.34$43.4221.30%12.99%0.67155,48215.69%
STNG
SCORPIO TANKERS INC
$69.31-1.49%-2.16%-4.73%1.87%19.73%34.87%255.44%166.99%-23.24%$74.04$40.346.39%71.81%0.86648,5061.26%
FLNG
FLEX LNG LTD
$26.090.31%0.73%1.60%-12.80%-15.18%-23.44%114.03%N/AN/A$33.35$24.1621.77%7.99%0.94305,68051.48%
LNG
CHENIERE ENERGY INC
$157.03-0.50%-0.25%-1.44%-3.66%-6.88%2.63%99.28%143.65%173.95%$183.46$135.3014.41%16.06%0.742,222,577-12.61%
WMB
WILLIAMS COMPANIES INC
$37.89-1.23%-3.46%-2.52%8.66%9.13%24.80%52.97%35.42%-12.43%$39.76$28.274.70%34.03%0.937,768,840-1.74%
TRP
TC ENERGY CORP
$35.73-0.33%-0.50%-11.27%-10.32%2.09%-14.09%-28.31%-24.68%-23.49%$42.49$32.5215.91%9.89%0.844,048,8796.97%
DHT
DHT HOLDINGS INC
$11.39-0.26%0.98%-3.15%5.07%-0.44%19.89%85.81%110.15%47.16%$11.96$7.304.73%56.03%0.561,303,58710.68%
EURN
EURONAV NV
$16.66-0.18%1.46%0.30%-6.03%-7.19%-1.65%89.97%78.18%N/A$18.51$14.109.97%18.16%0.65170,02142.08%
GLP
GLOBAL PARTNERS LP
$46.960.15%0.60%3.87%2.87%47.35%54.02%82.37%134.92%15.61%$49.50$27.075.13%73.48%0.7659,98315.54%
VNOM
VIPER ENERGY INC
$37.13-2.70%-6.90%-2.55%18.97%31.53%27.59%102.12%16.80%N/A$41.22$24.489.92%51.67%1.131,637,02259.50%
TK
TEEKAY CORP
$7.512.60%2.88%0.13%-15.62%1.76%36.55%115.19%81.40%-86.86%$9.28$5.0119.03%49.90%1.06649,30261.71%
WES
WESTERN MIDSTREAM PARTNERS LP
$34.340.70%-4.45%-3.49%19.61%26.44%32.43%72.48%9.75%-29.20%$36.79$24.896.66%37.97%1.311,698,23175.45%
ET
ENERGY TRANSFER LP
$15.48-1.59%-2.46%-1.34%7.72%17.72%19.91%79.37%2.11%-33.85%$16.07$12.183.67%27.15%0.8913,058,646-1.60%
MPLX
MPLX LP
$41.59-0.50%-0.43%0.65%7.05%15.34%19.24%52.29%28.13%-24.76%$42.90$33.123.05%25.57%0.662,646,124-19.11%
TRGP
TARGA RESOURCES CORP
$112.41-1.45%-3.84%0.16%30.65%33.58%49.08%216.29%181.94%5.28%$117.87$67.364.63%66.89%1.382,424,99340.16%
KNTK
KINETIK HOLDINGS INC
$37.85-1.28%-3.42%-3.79%15.19%6.26%23.57%12.50%-26.36%N/A$40.42$26.326.36%43.83%1.32409,68610.14%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$16.93-1.74%-7.23%-4.35%9.30%10.08%31.34%83.42%-27.65%-69.96%$19.03$12.0711.04%40.27%1.114,181,61124.18%
ENB
ENBRIDGE INC
$35.590.14%-0.20%-0.67%-0.75%9.85%-10.04%-8.20%-3.37%-26.80%$40.30$31.0311.69%14.70%0.867,484,154-6.90%
DLNG
DYNAGAS LNG PARTNERS LP
$3.69-1.34%3.94%28.13%30.85%44.14%34.67%29.47%55.70%-83.07%$3.87$2.274.65%62.56%0.6847,985-32.18%
MARPS
MARINE PETROLEUM TRUST
$4.300.82%-0.30%0.35%-6.02%-8.62%-39.42%1.06%84.41%-74.46%$7.83$3.9045.15%10.13%0.563,455-72.18%
PBA
PEMBINA PIPELINE CORP
$34.70-1.42%-2.23%-2.09%0.64%12.19%5.44%11.61%-2.20%-11.34%$36.17$28.154.06%23.27%1.131,087,11359.55%
OKE
ONEOK INC
$76.92-2.78%-4.98%-3.50%12.32%19.18%17.63%45.90%13.82%21.54%$81.81$55.915.98%37.58%1.294,847,54917.46%
ENLC
ENLINK MIDSTREAM LLC
$12.87-6.20%-6.60%-5.78%7.16%5.49%33.09%179.78%16.16%-63.75%$14.18$8.469.21%52.22%1.205,680,563198.77%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$6.140.99%0.99%-2.69%-1.29%24.54%61.58%159.07%224.87%N/A$6.74$3.598.83%71.03%0.94208,303-20.70%
PAGP
PLAINS GP HOLDINGS LP
$17.78-2.36%-6.47%-3.32%9.35%12.04%32.59%85.98%-24.76%-75.98%$19.77$12.5910.07%41.28%1.082,548,900137.13%
HESM
HESS MIDSTREAM LP
$33.48-1.82%-6.03%-6.87%-2.05%13.65%12.96%50.00%51.70%N/A$36.84$26.869.12%24.65%0.901,009,227-25.46%
DTM
DT MIDSTREAM INC
$61.63-0.92%-3.96%0.70%14.17%11.37%25.72%N/AN/AN/A$64.69$45.114.73%36.64%0.74827,247-44.54%
KMI
KINDER MORGAN INC
$18.23-0.27%-3.08%-0.98%7.05%11.50%6.61%5.62%-6.94%-44.08%$18.92$15.893.65%14.73%0.8918,081,74512.73%
AM
ANTERO MIDSTREAM CORP
$13.69-1.08%-2.35%-3.32%11.66%8.31%25.60%55.92%13.80%N/A$14.52$10.095.72%35.75%0.823,122,569-7.03%
NS
NUSTAR ENERGY LP
$22.37-0.89%-0.80%-2.82%-0.36%31.67%39.55%14.60%-18.39%-61.90%$24.50$14.708.69%52.18%0.961,750,508105.82%
BANL
CBL INTERNATIONAL LTD
$1.053.96%-4.55%-0.94%-21.64%-28.08%-74.14%N/AN/AN/A$5.49$0.8380.87%26.05%1.3512,78427.20%
ETRN
EQUITRANS MIDSTREAM CORP
$13.10-3.18%-2.53%4.55%25.00%47.69%159.92%61.93%-38.00%N/A$14.21$4.657.81%181.72%0.966,846,56230.79%
GEL
GENESIS ENERGY LP
$11.77-0.51%-5.92%3.70%1.03%3.06%7.29%25.61%-46.35%-79.15%$12.78$8.057.90%46.21%1.31325,98567.60%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$2.710.74%-0.73%6.69%24.31%8.84%5.45%24.88%-64.01%-93.51%$3.30$1.9517.88%38.97%0.8035,311-28.86%
PBT
PERMIAN BASIN ROYALTY TRUST
$11.46-0.35%-6.98%-7.66%-18.95%-40.87%-51.95%197.66%76.04%-12.65%$25.62$10.9555.27%4.66%0.6977,154-39.88%
GLNG
GOLAR LNG LTD
$24.570.20%-2.42%1.82%11.63%9.39%11.13%106.64%27.64%-44.27%$25.90$19.625.14%25.23%1.281,191,95371.36%
VIK
VIKING HOLDINGS LTD
$26.10N/A0.00%N/AN/AN/AN/AN/AN/AN/A$26.86$25.712.83%1.52%N/A34,870,544N/A
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$27.78-2.80%-0.47%-2.53%71.06%43.86%83.97%14.42%-77.41%-95.89%$29.54$13.005.95%113.69%1.7722,63150.38%
NGL
NGL ENERGY PARTNERS LP
$5.77-0.69%-3.67%-0.52%-1.03%37.05%98.28%168.37%-59.14%-85.04%$6.20$2.636.86%119.39%1.09345,678165.30%
BROG
BROOGE ENERGY LTD
$1.08-0.46%3.37%-50.46%-44.59%-77.60%-78.71%-88.37%-89.34%N/A$6.66$1.0283.86%5.39%0.1689,2813.85%

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.