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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 %
INSW
INTERNATIONAL SEAWAYS INC
$55.29-0.45%2.56%2.01%1.88%15.04%38.40%212.73%210.27%N/A$56.14$34.771.51%59.02%0.70660,48011.80%
FRO
FRONTLINE PLC
$23.49-0.89%0.34%-1.84%2.58%7.51%50.67%207.46%186.81%38.18%$25.14$13.356.54%75.96%0.791,415,53144.93%
TRMD
TORM PLC
$34.43-1.18%3.24%-2.13%-5.02%14.46%16.16%285.99%350.07%N/A$37.11$22.317.22%54.33%0.34278,771-49.54%
TNK
TEEKAY TANKERS LTD
$58.27-0.56%3.19%-4.26%-6.78%21.07%46.48%334.53%568.23%108.70%$64.42$35.009.55%66.49%0.73241,1446.97%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$3.69-1.34%12.16%14.24%6.65%130.63%44.14%N/AN/AN/A$4.53$1.1818.45%212.71%0.71384,945-8.95%
LPG
DORIAN LPG LTD
$41.32-2.52%-1.01%1.10%6.28%36.06%84.79%210.91%415.21%N/A$49.54$21.0216.59%96.57%0.94659,65721.99%
OKE
ONEOK INC
$79.12-2.82%-1.53%-0.74%13.30%20.59%21.00%51.17%16.47%25.15%$81.81$55.913.29%41.51%1.294,127,00059.30%
NVGS
NAVIGATOR HOLDINGS LTD
$15.02-1.44%0.07%-2.72%-7.57%7.13%9.80%42.10%33.87%-43.75%$16.48$12.328.86%21.92%0.94136,43570.86%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$28.08-1.78%-2.87%-4.39%3.88%6.20%6.77%22.03%-1.92%-23.21%$29.99$25.196.37%11.47%0.748,749,903111.55%
TNP
TSAKOS ENERGY NAVIGATION LTD
$25.780.19%4.20%-0.23%3.41%16.23%52.82%178.70%60.12%-27.69%$27.20$15.505.22%66.32%0.79251,060-3.80%
CQP
CHENIERE ENERGY PARTNERS LP
$48.45-3.89%1.00%-1.92%-11.88%-11.72%5.97%15.11%10.57%49.49%$62.34$43.4222.28%11.58%0.67134,39020.96%
STNG
SCORPIO TANKERS INC
$70.36-2.62%-0.40%-3.29%-1.75%25.00%36.91%287.87%172.92%-21.91%$74.04$40.344.97%74.42%0.86640,461-2.17%
FLNG
FLEX LNG LTD
$26.01-1.37%0.19%1.29%-14.41%-13.90%-23.68%120.80%N/AN/A$33.98$24.1623.45%7.66%0.94201,792-0.12%
LNG
CHENIERE ENERGY INC
$157.82-2.40%-0.68%-0.95%-5.24%-5.41%3.15%103.59%145.25%179.57%$183.46$135.3013.98%16.64%0.742,543,35038.44%
WMB
WILLIAMS COMPANIES INC
$38.36-2.17%-1.08%-1.31%8.98%12.07%26.35%57.47%35.40%-9.03%$39.76$28.273.52%35.69%0.937,906,48657.57%
DHT
DHT HOLDINGS INC
$11.42-0.70%0.79%-2.89%1.78%3.16%20.21%93.56%114.26%46.22%$11.96$7.304.48%56.44%0.561,177,76718.12%
TRP
TC ENERGY CORP
$35.85-0.39%-0.50%-10.98%-10.02%4.64%-13.80%-27.53%-24.94%-23.12%$42.49$32.5215.63%10.26%0.843,785,09646.52%
EURN
EURONAV NV
$16.69-0.36%0.79%0.48%-5.65%-6.45%-1.48%95.89%77.93%N/A$18.51$14.109.81%18.37%0.65119,665-34.03%
GLP
GLOBAL PARTNERS LP
$46.89-1.37%-0.13%3.72%2.36%52.59%53.79%94.32%136.22%15.49%$49.50$27.075.27%73.22%0.7651,91738.05%
TK
TEEKAY CORP
$7.32-2.92%0.55%-2.40%-18.58%4.57%33.09%127.33%75.96%-86.95%$9.28$5.0121.08%46.11%1.06401,51511.94%
WES
WESTERN MIDSTREAM PARTNERS LP
$34.10-5.28%-4.21%-4.16%14.05%25.37%31.51%73.63%7.98%-30.31%$36.79$24.897.31%37.00%1.31967,922-11.08%
VNOM
VIPER ENERGY INC
$38.16-3.61%-4.55%0.16%21.03%32.82%31.13%111.88%13.50%N/A$41.22$24.487.42%55.88%1.131,026,37283.73%
MPLX
MPLX LP
$41.80-0.38%0.77%1.16%8.54%16.30%19.84%54.87%29.57%-22.78%$42.90$33.122.56%26.21%0.663,271,09857.98%
TRGP
TARGA RESOURCES CORP
$114.06-2.68%-1.68%1.63%31.04%36.44%51.27%228.80%184.08%5.62%$117.87$67.363.23%69.34%1.381,730,15647.61%
ET
ENERGY TRANSFER LP
$15.73-1.56%-1.07%0.25%8.04%19.62%21.84%82.69%4.03%-32.47%$16.07$12.182.12%29.20%0.8913,270,35164.09%
KNTK
KINETIK HOLDINGS INC
$38.34-2.49%-0.57%-2.54%14.35%9.17%25.17%27.80%-24.08%N/A$40.42$26.325.15%45.70%1.32371,95215.07%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$17.23-4.44%-4.54%-2.66%9.05%15.56%33.67%89.76%-25.57%-69.12%$19.03$12.079.46%42.75%1.113,367,49015.73%
ENB
ENBRIDGE INC
$35.54-1.17%0.34%-0.81%-1.22%11.55%-10.16%-7.86%-3.79%-26.40%$40.30$31.0311.81%14.53%0.868,038,611-12.92%
MARPS
MARINE PETROLEUM TRUST
$4.262.16%-2.07%-0.47%-7.59%-20.22%-39.92%9.23%71.08%-74.57%$7.83$3.9045.59%9.23%0.5612,421125.80%
PBA
PEMBINA PIPELINE CORP
$35.20-2.44%-0.82%-0.68%1.06%15.00%6.96%14.06%-1.57%-10.48%$36.17$28.152.68%25.04%1.13681,363-15.50%
DLNG
DYNAGAS LNG PARTNERS LP
$3.74-2.60%1.36%29.86%38.52%44.96%36.50%32.62%55.19%-82.85%$3.87$2.273.36%64.76%0.6870,752-66.14%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$6.080.83%-0.65%-3.65%-0.82%26.93%60.00%175.11%234.07%N/A$6.74$3.599.73%69.36%0.94262,68863.97%
ENLC
ENLINK MIDSTREAM LLC
$13.72-2.70%0.81%0.44%11.45%13.11%41.88%196.33%17.37%-61.17%$14.18$8.463.21%62.27%1.201,901,30560.40%
HESM
HESS MIDSTREAM LP
$34.10-2.26%-3.48%-5.15%-0.12%15.55%15.05%52.71%54.30%N/A$36.84$26.867.44%26.95%0.901,353,955154.38%
PAGP
PLAINS GP HOLDINGS LP
$18.21-3.80%-3.45%-0.98%10.36%18.17%35.79%94.14%-22.84%-75.20%$19.77$12.597.89%44.70%1.081,074,916-23.54%
DTM
DT MIDSTREAM INC
$62.20-1.60%-1.40%1.63%14.57%16.57%26.89%N/AN/AN/A$64.69$45.113.85%37.90%0.731,491,65632.16%
KMI
KINDER MORGAN INC
$18.28-1.72%-2.56%-0.71%6.22%13.33%6.90%7.21%-8.00%-44.03%$18.92$15.893.38%15.04%0.8916,039,34655.82%
AM
ANTERO MIDSTREAM CORP
$13.84-2.40%-0.72%-2.26%11.79%13.44%26.97%60.19%13.35%N/A$14.52$10.094.68%37.23%0.823,358,547107.31%
NS
NUSTAR ENERGY LP
$22.57-1.57%-0.62%-1.95%2.59%32.53%40.80%17.80%-16.99%-61.33%$24.50$14.707.88%53.54%0.96850,51431.41%
BANL
CBL INTERNATIONAL LTD
$1.01-4.72%-8.18%-4.72%-25.74%-4.72%-75.12%N/AN/AN/A$5.49$0.8381.60%21.25%1.3710,050190.63%
ETRN
EQUITRANS MIDSTREAM CORP
$13.53-2.52%4.97%7.98%30.35%54.10%168.45%65.81%-35.05%N/A$14.21$4.654.79%190.97%0.965,234,8028.02%
GEL
GENESIS ENERGY LP
$11.83-2.79%-3.90%4.23%-0.76%7.25%7.84%28.73%-46.66%-78.65%$12.78$8.057.43%46.96%1.31194,504-14.92%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$2.690.37%3.46%5.91%16.96%6.32%4.67%26.89%-65.20%-93.65%$3.30$1.9518.48%37.95%0.8049,63852.92%
PBT
PERMIAN BASIN ROYALTY TRUST
$11.50-4.64%-8.00%-7.33%-21.61%-42.21%-51.78%206.67%76.11%-14.24%$25.62$10.9555.11%5.02%0.69128,34123.70%
GLNG
GOLAR LNG LTD
$24.52-1.72%-3.99%1.62%8.69%9.42%10.90%113.59%25.49%-44.52%$25.90$19.625.33%24.97%1.28695,57917.57%
NGL
NGL ENERGY PARTNERS LP
$5.81-1.53%-0.85%0.17%-0.51%39.66%99.66%174.06%-59.26%-84.98%$6.20$2.636.21%120.91%1.09130,298-53.25%
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$28.58-1.14%2.14%0.28%70.93%52.10%89.27%21.05%-77.04%-95.78%$29.54$13.003.24%119.85%1.7715,04947.31%
BROG
BROOGE ENERGY LTD
$1.080.00%0.93%-50.23%-35.33%-78.18%-78.61%-88.26%-89.30%N/A$6.66$1.0283.78%5.88%0.1685,9735.92%

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.