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
INSW	INTERNATIONAL SEAWAYS INC	$55.29	660,480	11.80%	53.90	53.43	52.87	51.06	47.70	61.43	92.29	92.66	96.85	97.39	0.60	0.32	0.28	0.70
FRO	FRONTLINE PLC	$23.49	1,415,531	44.93%	23.35	23.64	23.34	22.35	20.61	50.26	43.72	39.13	51.29	45.28	0.02	0.05	-0.03	0.79
TRMD	TORM PLC	$34.43	278,771	-49.54%	33.54	34.19	34.08	33.22	30.34	52.73	61.67	55.66	78.37	71.36	-0.05	-0.16	0.11	0.34
TNK	TEEKAY TANKERS LTD	$58.27	241,144	6.97%	57.23	57.63	56.49	55.70	49.85	54.68	70.36	64.92	94.05	88.83	0.26	0.16	0.10	0.73
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$3.69	384,945	-8.95%	3.43	3.46	3.24	3.05	2.42	60.34	54.58	45.18	77.74	64.33	0.09	0.07	0.02	0.71
LPG	DORIAN LPG LTD	$41.32	659,657	21.99%	41.08	40.38	38.41	39.65	35.23	57.22	81.13	80.53	77.29	83.80	0.88	0.76	0.12	0.94
OKE	ONEOK INC	$79.12	4,127,000	59.30%	79.94	79.51	77.95	73.72	69.86	49.80	76.87	86.36	71.03	87.06	0.75	0.76	-0.00	1.29
NVGS	NAVIGATOR HOLDINGS LTD	$15.02	136,435	70.86%	15.04	15.16	15.15	15.20	14.65	45.97	55.41	55.17	83.58	85.92	-0.04	-0.05	0.01	0.94
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$28.08	8,749,903	111.55%	28.73	28.98	28.59	27.60	27.19	37.08	38.08	47.31	35.32	47.47	-0.03	0.07	-0.10	0.74
TNP	TSAKOS ENERGY NAVIGATION LTD	$25.78	251,060	-3.80%	25.15	25.47	24.87	24.02	22.32	56.50	79.59	68.60	91.21	79.54	0.11	0.08	0.03	0.79
CQP	CHENIERE ENERGY PARTNERS LP	$48.45	134,390	20.96%	48.58	48.14	48.97	50.68	52.42	49.32	79.11	77.33	84.06	84.44	-0.00	-0.25	0.24	0.67
STNG	SCORPIO TANKERS INC	$70.36	640,461	-2.17%	70.73	70.92	70.04	66.92	59.59	48.23	73.88	79.56	74.27	87.11	0.25	0.22	0.03	0.86
FLNG	FLEX LNG LTD	$26.01	201,792	-0.12%	25.90	25.75	25.52	27.33	28.98	54.19	86.15	88.13	86.68	94.57	0.12	0.03	0.09	0.94
LNG	CHENIERE ENERGY INC	$157.82	2,543,350	38.44%	159.40	158.00	157.93	162.14	164.46	48.15	65.94	64.62	65.41	64.62	0.28	0.10	0.18	0.74
WMB	WILLIAMS COMPANIES INC	$38.36	7,906,486	57.57%	38.67	38.68	37.54	36.13	35.41	49.89	74.57	85.91	58.41	70.96	0.35	0.38	-0.04	0.93
DHT	DHT HOLDINGS INC	$11.42	1,177,767	18.12%	11.33	11.42	11.22	10.90	10.40	52.33	62.56	60.29	91.11	89.18	0.04	0.03	0.00	0.56
TRP	TC ENERGY CORP	$35.85	3,785,096	46.52%	35.80	36.59	38.68	38.82	37.39	31.97	34.87	33.10	92.42	92.76	-0.87	-0.95	0.07	0.84
EURN	EURONAV NV	$16.69	119,665	-34.03%	16.52	16.55	16.87	17.27	17.21	51.91	74.24	62.36	87.05	81.40	-0.04	-0.10	0.07	0.65
GLP	GLOBAL PARTNERS LP	$46.89	51,917	38.05%	46.59	46.11	46.30	44.72	38.48	54.30	76.00	79.10	83.45	91.64	0.32	0.14	0.18	0.76
TK	TEEKAY CORP	$7.32	401,515	11.94%	7.30	7.34	7.36	7.60	7.09	48.69	76.76	73.59	83.92	92.92	-0.01	-0.04	0.03	1.06
WES	WESTERN MIDSTREAM PARTNERS LP	$34.10	967,922	-11.08%	35.36	35.32	34.61	31.48	29.49	40.93	67.13	82.80	64.88	78.10	0.27	0.38	-0.10	1.31
VNOM	VIPER ENERGY INC	$38.16	1,026,372	83.73%	39.29	39.46	37.74	34.54	31.52	44.30	27.25	36.37	11.11	16.38	0.46	0.70	-0.24	1.13
MPLX	MPLX LP	$41.80	3,271,098	57.98%	41.29	41.30	40.66	38.90	37.14	60.36	81.01	83.00	95.85	91.75	0.31	0.24	0.08	0.66
TRGP	TARGA RESOURCES CORP	$114.06	1,730,156	47.61%	114.95	114.96	108.82	97.42	91.05	53.82	72.27	84.34	47.22	61.02	2.05	2.40	-0.36	1.38
ET	ENERGY TRANSFER LP	$15.73	13,270,351	64.09%	15.77	15.71	15.39	14.66	14.05	53.59	86.37	92.03	86.39	90.24	0.14	0.13	0.00	0.89
KNTK	KINETIK HOLDINGS INC	$38.34	371,952	15.07%	38.88	38.99	37.32	35.27	35.25	48.55	59.58	67.55	34.00	45.57	0.37	0.52	-0.16	1.32
PAA	PLAINS ALL AMERICAN PIPELINE LP	$17.23	3,367,490	15.73%	17.84	17.97	17.30	16.35	15.78	42.70	38.98	47.02	31.18	36.01	0.13	0.21	-0.09	1.11
ENB	ENBRIDGE INC	$35.54	8,038,611	-12.92%	35.21	34.97	35.21	35.40	34.83	53.59	83.50	89.12	84.32	90.60	0.13	-0.05	0.18	0.86
MARPS	MARINE PETROLEUM TRUST	$4.26	12,421	125.80%	4.24	4.52	4.30	4.37	4.76	46.97	11.92	11.74	10.31	9.42	-0.05	0.01	-0.06	0.56
PBA	PEMBINA PIPELINE CORP	$35.20	681,363	-15.50%	35.22	35.22	35.08	34.53	32.80	50.20	80.73	82.90	83.60	88.49	0.15	0.07	0.08	1.13
DLNG	DYNAGAS LNG PARTNERS LP	$3.74	70,752	-66.14%	3.49	3.25	3.01	2.93	2.81	68.73	82.60	71.97	47.21	40.80	0.21	0.16	0.05	0.68
OSG	OVERSEAS SHIPHOLDING GROUP INC	$6.08	262,688	63.97%	6.03	6.09	6.12	5.84	5.14	49.63	61.93	51.14	65.45	61.66	-0.03	-0.03	0.00	0.94
ENLC	ENLINK MIDSTREAM LLC	$13.72	1,901,305	60.40%	13.70	13.72	13.18	12.68	12.51	55.59	78.63	79.86	66.39	72.50	0.17	0.18	-0.01	1.20
HESM	HESS MIDSTREAM LP	$34.10	1,353,955	154.38%	35.03	35.33	35.19	33.71	31.96	37.06	24.49	36.18	31.82	42.57	-0.15	-0.02	-0.13	0.90
PAGP	PLAINS GP HOLDINGS LP	$18.21	1,074,916	-23.54%	18.69	18.83	18.05	17.08	16.46	44.72	42.18	48.75	26.35	31.34	0.17	0.25	-0.08	1.08
DTM	DT MIDSTREAM INC	$62.20	1,491,656	32.16%	1.37	1.39	1.50	1.55	1.48	52.72	70.80	56.40	100.00	100.00	-0.03	-0.05	0.02	0.73
KMI	KINDER MORGAN INC	$18.28	16,039,346	55.82%	18.56	18.41	18.01	17.70	17.38	49.00	69.47	80.07	60.54	75.01	0.17	0.18	-0.01	0.89
AM	ANTERO MIDSTREAM CORP	$13.84	3,358,547	107.31%	13.98	14.02	13.73	13.04	12.62	47.76	74.70	80.85	63.23	72.29	0.09	0.11	-0.02	0.82
NS	NUSTAR ENERGY LP	$22.57	850,514	31.41%	22.32	22.14	23.04	21.50	19.40	51.53	90.27	86.31	94.02	93.65	-0.08	-0.23	0.16	0.96
BANL	CBL INTERNATIONAL LTD	$1.01	10,050	190.63%	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	1.37
ETRN	EQUITRANS MIDSTREAM CORP	$13.53	5,234,802	8.02%	13.10	12.84	11.85	11.07	10.24	68.79	87.13	93.58	84.63	93.90	0.50	0.43	0.07	0.96
GEL	GENESIS ENERGY LP	$11.83	194,504	-14.92%	12.11	11.94	11.50	11.61	11.07	50.18	57.54	71.41	34.17	56.58	0.21	0.22	-0.00	1.31
MMLP	MARTIN MIDSTREAM PARTNERS LP	$2.69	49,638	52.92%	2.69	2.63	2.57	2.47	2.52	54.62	80.00	79.01	57.30	57.18	0.04	0.04	0.00	0.80
PBT	PERMIAN BASIN ROYALTY TRUST	$11.50	128,341	23.70%	11.96	12.21	12.56	13.50	17.16	39.71	37.83	44.62	61.54	70.33	-0.23	-0.22	-0.00	0.69
GLNG	GOLAR LNG LTD	$24.52	695,579	17.57%	25.02	25.10	23.55	22.83	22.86	48.50	38.26	46.35	2.65	4.58	0.32	0.46	-0.14	1.28
NGL	NGL ENERGY PARTNERS LP	$5.81	130,298	-53.25%	5.81	5.86	5.86	5.62	4.81	48.23	35.95	41.39	38.02	44.59	-0.00	0.00	-0.00	1.09
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$28.58	15,049	47.31%	28.17	28.23	24.10	20.65	18.54	66.25	72.03	67.47	57.30	48.00	1.14	1.39	-0.25	1.77
BROG	BROOGE ENERGY LTD	$1.08	85,973	5.92%	1.10	1.27	1.97	2.53	3.72	28.86	10.93	12.14	89.56	88.28	-0.27	-0.29	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. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the top oil & gas midstream stock with a Zen Score of 61, which is 24 points higher than the oil & gas midstream industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 38.4% over the past year, overperforming other oil & gas midstream stocks by 18 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 17.56% from International Seaways's current stock price of $55.29.

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 22 points higher than the oil & gas midstream industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 50.67% over the past year, overperforming other oil & gas midstream stocks by 30 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 11.11% from Frontline's current stock price of $23.49.

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. Teekay Tankers (NYSE:TNK)

Teekay Tankers (NYSE:TNK) is the third best oil & gas midstream stock with a Zen Score of 57, which is 20 points higher than the oil & gas midstream industry average of 37. It passed 21 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock return 46.48% over the past year, overperforming other oil & gas midstream stocks by 26 percentage points.

Teekay Tankers has an average 1 year price target of $71.67, an upside of 22.99% from Teekay Tankers's current stock price of $58.27.

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 16.79%, which is 11 percentage points higher than the oil & gas midstream industry average of 6.05%. 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 12.01%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.05%. 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 10.15%, which is 4 percentage points higher than the oil & gas midstream industry average of 6.05%. 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 -2.06% in the last day, and down -0.6% over the last week. Western Midstream Partners was the among the top losers in the oil & gas midstream industry, dropping -5.28% yesterday.

Shares of oil and gas companies are trading lower amid reports of Middle East peace talks.

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 33.67% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 13 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 44.14% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 23 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 38.4% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 18 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 12.96% 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 14.14x.

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. International Seaways (NYSE:INSW)

2. Frontline (NYSE:FRO)

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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