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
TNK	TEEKAY TANKERS LTD	$71.83	329,313	-8.03%	67.65	62.88	59.31	57.78	51.51	80.25	96.84	95.61	97.61	97.08	3.74	2.61	1.13	0.72
FRO	FRONTLINE PLC	$27.48	752,603	-48.11%	26.20	24.91	24.06	23.13	21.27	76.09	96.82	97.66	100.00	100.00	0.98	0.68	0.30	0.78
TRMD	TORM PLC	$38.16	1,133,602	27.28%	36.72	35.39	34.76	34.22	31.15	70.72	94.24	94.87	90.02	93.49	1.01	0.64	0.37	0.34
INSW	INTERNATIONAL SEAWAYS INC	$63.31	305,661	-34.78%	61.15	57.98	54.85	52.99	49.05	79.31	96.39	96.05	96.93	96.50	2.61	2.02	0.59	0.70
LPG	DORIAN LPG LTD	$43.73	450,484	-2.04%	43.46	42.62	40.31	39.82	36.26	60.53	74.21	75.82	62.70	68.12	1.09	1.07	0.03	0.94
TNP	TSAKOS ENERGY NAVIGATION LTD	$30.17	338,791	10.71%	28.57	27.06	25.97	24.93	22.92	79.32	96.32	96.60	91.34	92.79	1.20	0.84	0.35	0.79
TK	TEEKAY CORP	$9.23	1,011,815	20.04%	8.55	8.00	7.58	7.77	7.22	78.44	96.97	94.66	95.37	89.04	0.44	0.29	0.15	1.05
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$28.56	3,516,475	-31.65%	28.63	28.59	28.80	27.89	27.30	48.35	69.92	75.07	74.05	84.70	-0.01	-0.04	0.03	0.74
TRP	TC ENERGY CORP	$38.91	1,357,658	2.36%	38.42	37.29	38.22	38.72	37.44	65.72	95.18	95.09	96.68	98.89	0.41	0.09	0.32	0.84
TRGP	TARGA RESOURCES CORP	$117.67	1,075,444	-14.44%	114.16	114.59	112.58	101.06	93.22	66.29	84.97	70.69	76.80	55.57	0.94	0.80	0.14	1.39
FLNG	FLEX LNG LTD	$29.43	287,112	45.84%	28.29	27.22	26.18	27.17	28.78	85.14	95.75	94.70	100.00	100.00	0.89	0.64	0.25	0.94
NVGS	NAVIGATOR HOLDINGS LTD	$16.69	221,023	-31.89%	16.26	15.69	15.41	15.41	14.81	70.87	89.22	90.12	79.47	88.44	0.37	0.26	0.11	0.94
DHT	DHT HOLDINGS INC	$12.49	1,411,390	-45.75%	12.13	11.79	11.50	11.17	10.58	70.29	89.95	87.70	91.59	97.20	0.28	0.20	0.08	0.55
LNG	CHENIERE ENERGY INC	$160.16	1,493,633	19.66%	157.15	158.07	158.30	160.22	164.36	55.23	38.34	27.64	59.64	41.22	-0.17	-0.30	0.13	0.73
WES	WESTERN MIDSTREAM PARTNERS LP	$38.04	855,499	-11.35%	36.80	36.10	35.37	32.58	30.04	68.23	90.23	92.24	90.71	94.76	0.75	0.52	0.23	1.32
VNOM	VIPER ENERGY INC	$37.67	293,337	-47.48%	37.41	38.10	38.08	35.41	32.22	47.17	31.83	26.99	44.88	23.97	-0.31	-0.21	-0.10	1.13
EURN	EURONAV NV	$20.70	309,971	-21.03%	19.32	17.99	17.13	17.41	17.42	85.91	96.97	97.37	99.14	99.71	1.02	0.66	0.36	0.64
KNTK	KINETIK HOLDINGS INC	$40.46	385,596	-7.32%	39.65	39.17	38.61	35.98	35.47	63.56	85.76	84.52	84.94	87.15	0.50	0.38	0.12	1.33
MPLX	MPLX LP	$40.45	2,600,633	-14.78%	41.08	41.33	41.07	39.55	37.53	39.75	18.85	19.40	1.50	0.50	-0.11	0.06	-0.17	0.65
ET	ENERGY TRANSFER LP	$15.96	10,720,040	15.63%	16.00	15.92	15.67	14.96	14.23	54.66	46.67	44.44	36.19	33.22	0.09	0.12	-0.03	0.89
PAA	PLAINS ALL AMERICAN PIPELINE LP	$17.37	3,030,292	-31.45%	17.47	17.59	17.54	16.67	15.96	47.59	35.69	35.71	36.12	35.06	-0.08	-0.02	-0.05	1.11
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$4.01	1,088,556	-26.87%	3.70	3.61	3.41	3.24	2.48	67.77	65.57	60.40	68.85	48.58	0.12	0.09	0.03	0.70
DLNG	DYNAGAS LNG PARTNERS LP	$3.99	32,724	-25.89%	3.98	3.84	3.28	3.08	2.87	65.75	64.70	67.93	5.38	12.34	0.21	0.23	-0.02	0.68
MARPS	MARINE PETROLEUM TRUST	$4.45	12,929	178.64%	4.26	4.25	4.31	4.36	4.69	54.47	54.48	61.67	72.53	79.92	-0.00	-0.03	0.03	0.55
STNG	SCORPIO TANKERS INC	$81.69	878,365	22.11%	77.59	74.38	72.39	69.29	61.67	77.21	98.32	96.33	100.00	100.00	2.64	1.74	0.90	0.85
WMB	WILLIAMS COMPANIES INC	$41.27	6,067,587	-16.78%	39.94	39.37	38.60	36.74	35.78	75.90	94.97	94.08	100.00	98.35	0.66	0.46	0.19	0.94
OSG	OVERSEAS SHIPHOLDING GROUP INC	$6.86	425,182	7.04%	6.67	6.40	6.24	6.05	5.31	65.96	82.03	78.54	66.72	70.24	0.19	0.14	0.05	0.94
EE	EXCELERATE ENERGY INC	$18.65	118,803	-11.79%	18.60	17.81	16.56	15.66	16.46	64.13	60.29	61.23	19.55	23.40	0.72	0.69	0.03	0.95
PBA	PEMBINA PIPELINE CORP	$36.94	639,794	4.36%	36.71	36.08	35.51	34.89	33.14	64.51	86.42	88.48	88.50	94.91	0.52	0.40	0.12	1.14
ENB	ENBRIDGE INC	$36.75	7,543,549	41.49%	37.12	36.48	35.77	35.60	34.83	55.99	49.95	55.61	19.67	33.18	0.49	0.49	0.00	0.87
GLP	GLOBAL PARTNERS LP	$44.48	119,495	32.24%	44.69	45.91	45.94	45.51	39.29	45.94	39.97	29.12	35.75	23.36	-0.76	-0.39	-0.37	0.77
ENLC	ENLINK MIDSTREAM LLC	$13.67	2,380,967	46.19%	13.39	13.45	13.40	12.79	12.62	56.36	69.09	64.31	66.21	52.26	0.03	0.00	0.03	1.20
OKE	ONEOK INC	$82.63	2,147,672	7.15%	80.44	79.99	79.20	75.21	70.73	67.93	91.37	90.79	96.83	91.21	0.85	0.50	0.35	1.30
CQP	CHENIERE ENERGY PARTNERS LP	$49.52	205,735	7.97%	48.83	48.97	48.71	49.97	52.31	53.53	37.48	30.21	37.92	29.43	-0.07	0.00	-0.08	0.67
DTM	DT MIDSTREAM INC	$66.88	355,990	7.02%	1.59	1.50	1.51	1.54	1.48	72.51	92.64	92.38	96.78	97.85	0.05	0.03	0.02	0.74
PAGP	PLAINS GP HOLDINGS LP	$18.40	1,401,728	-8.52%	18.34	18.45	18.33	17.44	16.64	50.50	52.56	46.73	52.61	44.13	-0.03	0.00	-0.04	1.08
BANL	CBL INTERNATIONAL LTD	$1.05	19,696	87.22%	1.04	1.05	1.05	1.20	1.33	50.02	41.80	36.37	45.00	41.74	-0.01	-0.01	0.00	1.31
KMI	KINDER MORGAN INC	$19.70	11,989,421	4.55%	19.17	18.88	18.42	17.88	17.47	76.02	93.68	94.15	100.00	100.00	0.34	0.25	0.09	0.90
AM	ANTERO MIDSTREAM CORP	$14.92	1,228,185	-24.46%	14.50	14.26	14.02	13.26	12.79	74.18	97.93	97.17	100.00	100.00	0.23	0.16	0.07	0.82
ETRN	EQUITRANS MIDSTREAM CORP	$13.90	3,044,782	-55.08%	13.57	13.50	12.60	11.53	10.50	62.52	66.59	62.75	41.50	34.25	0.32	0.34	-0.02	0.96
HESM	HESS MIDSTREAM LP	$35.42	1,045,582	65.67%	35.11	34.91	35.29	34.20	32.20	55.67	88.22	86.90	86.84	89.78	0.04	-0.05	0.10	0.90
GEL	GENESIS ENERGY LP	$13.10	537,816	45.93%	13.01	12.63	11.85	11.73	11.27	62.13	75.64	71.79	52.77	48.37	0.33	0.33	-0.00	1.31
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$33.05	43,227	-37.75%	33.99	31.39	27.73	22.63	19.68	61.70	71.66	74.32	34.10	40.70	1.86	1.94	-0.07	1.79
MMLP	MARTIN MIDSTREAM PARTNERS LP	$3.02	51,695	-53.07%	2.94	2.83	2.69	2.53	2.56	65.23	95.68	92.82	83.31	78.89	0.10	0.09	0.01	0.80
PBT	PERMIAN BASIN ROYALTY TRUST	$13.26	129,524	55.18%	12.63	12.27	12.46	13.16	16.42	62.83	88.55	84.51	90.73	88.28	0.19	0.02	0.16	0.69
GLNG	GOLAR LNG LTD	$26.90	740,806	5.06%	26.20	25.60	24.80	23.39	23.00	74.84	93.95	94.78	98.76	99.59	0.60	0.47	0.13	1.27
NGL	NGL ENERGY PARTNERS LP	$5.70	437,064	7.60%	5.75	5.80	5.83	5.74	4.92	44.64	30.91	23.40	38.57	25.71	-0.04	-0.03	-0.02	1.10
BROG	BROOGE ENERGY LTD	$1.01	103,198	181.60%	1.04	1.06	1.55	2.11	3.49	29.81	20.00	26.03	65.86	76.62	-0.13	-0.17	0.04	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. Teekay Tankers (NYSE:TNK)

Teekay Tankers (NYSE:TNK) 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. Teekay Tankers has seen its stock return 78.55% over the past year, overperforming other oil & gas midstream stocks by 45 percentage points.

Teekay Tankers has an average 1 year price target of $76.00, an upside of 5.81% from Teekay Tankers's current stock price of $71.83.

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.

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 87.58% over the past year, overperforming other oil & gas midstream stocks by 54 percentage points.

Frontline has an average 1 year price target of $26.10, a downside of -5.02% from Frontline's current stock price of $27.48.

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. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the third best oil & gas midstream stock with a Zen Score of 56, which is 20 points higher than the oil & gas midstream industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 66.3% over the past year, overperforming other oil & gas midstream stocks by 33 percentage points.

International Seaways has an average 1 year price target of $66.00, an upside of 4.25% from International Seaways's current stock price of $63.31.

International Seaways stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 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.

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 15.15%, which is 10 percentage points higher than the oil & gas midstream industry average of 5.35%. 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 73.1% indicates that its high dividend yield is sustainable for the long-term.

2. Flex Lng (NYSE:FLNG)

Flex Lng (NYSE:FLNG) has an annual dividend yield of 10.62%, which is 5 percentage points higher than the oil & gas midstream industry average of 5.35%. 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 9.38%, which is 4 percentage points higher than the oil & gas midstream industry average of 5.35%. 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 104.2% 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 0.73% in the last day, and up 2.45% 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. 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 86, which is 46 points higher than the oil & gas midstream industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 30.6% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -3 percentage points.

2. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the second 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 66.3% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 33 percentage points.

3. Teekay Tankers (NYSE:TNK)

Teekay Tankers (NYSE:TNK) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Teekay Tankers 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.

Teekay Tankers's stock has gained 78.55% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 45 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 7.63% 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 15.15x.

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.