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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
$55.742.01%2.13%3.53%7.73%12.22%42.81%199.19%211.92%N/A$56.17$34.770.77%60.31%0.70688,739-9.62%
FRO
FRONTLINE PLC
$24.575.04%4.82%4.02%14.65%7.91%61.01%208.67%207.51%48.91%$25.14$13.352.25%84.04%0.791,848,359101.82%
TRMD
TORM PLC
$34.562.19%1.56%-1.96%1.38%10.52%19.67%279.78%333.08%N/A$37.11$22.316.87%54.91%0.34455,816-10.94%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$3.610.70%4.34%4.34%18.56%109.88%61.88%N/AN/AN/A$4.53$1.1820.22%205.93%0.71128,693-61.95%
TNK
TEEKAY TANKERS LTD
$60.284.63%3.70%0.70%2.17%16.10%55.52%329.34%538.56%119.04%$64.42$35.006.43%72.23%0.73389,11654.18%
LPG
DORIAN LPG LTD
$42.643.75%3.29%4.43%19.91%9.93%94.88%204.57%443.18%128.76%$49.54$21.0713.93%102.37%0.94825,83864.70%
NVGS
NAVIGATOR HOLDINGS LTD
$15.200.40%0.13%-0.78%-2.94%5.26%14.98%38.18%35.23%-43.60%$16.48$12.327.77%23.38%0.94161,335-0.61%
TNP
TSAKOS ENERGY NAVIGATION LTD
$26.523.11%4.62%2.83%9.72%17.14%59.95%170.34%62.70%-23.46%$27.20$15.502.50%71.10%0.79232,03640.92%
STNG
SCORPIO TANKERS INC
$71.503.16%-0.43%-1.52%6.99%22.28%47.30%266.67%157.01%-21.17%$74.04$40.343.43%77.24%0.86492,781-24.01%
LNG
CHENIERE ENERGY INC
$160.632.29%0.80%1.28%-0.73%-9.21%7.60%103.85%150.01%182.25%$183.46$135.3012.44%18.72%0.742,874,44529.33%
CQP
CHENIERE ENERGY PARTNERS LP
$50.162.24%3.59%1.13%-3.32%-14.43%11.89%16.90%14.29%49.73%$62.34$43.4219.54%15.52%0.67152,855-1.69%
FLNG
FLEX LNG LTD
$26.511.61%1.57%2.28%-7.98%-14.95%-20.75%117.47%N/AN/A$33.33$24.1620.46%9.73%0.94239,860-21.53%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$28.051.12%-3.04%-5.71%5.21%6.37%7.43%22.22%-1.96%-23.60%$29.99$25.196.47%11.35%0.744,107,486-29.63%
TRGP
TARGA RESOURCES CORP
$112.990.52%-3.99%-0.26%31.41%25.20%56.37%217.92%187.21%6.19%$117.87$67.364.14%67.75%1.381,874,447-22.70%
WES
WESTERN MIDSTREAM PARTNERS LP
$35.032.01%-2.37%-2.56%23.30%22.31%38.02%75.94%14.25%-28.71%$36.79$24.894.78%40.74%1.311,263,194-25.62%
TRP
TC ENERGY CORP
$36.411.90%0.89%-8.95%-6.81%0.50%-10.10%-26.95%-22.50%-21.83%$42.49$32.5214.31%11.98%0.843,457,559-14.60%
WMB
WILLIAMS COMPANIES INC
$38.541.72%-2.31%-1.93%10.75%7.68%31.54%55.59%40.35%-10.04%$39.76$28.273.07%36.33%0.935,947,026-23.45%
DHT
DHT HOLDINGS INC
$11.773.34%2.53%1.64%11.25%4.53%27.66%92.01%116.36%54.06%$11.96$7.301.55%61.23%0.561,467,14312.55%
EURN
EURONAV NV
$16.951.74%3.23%2.05%-4.35%-6.25%3.99%93.27%78.05%N/A$18.51$14.108.40%20.21%0.65190,58812.10%
GLP
GLOBAL PARTNERS LP
$47.661.49%0.70%5.37%2.72%43.68%59.61%85.09%138.90%17.27%$49.50$27.073.72%76.06%0.7648,086-19.83%
TK
TEEKAY CORP
$7.722.80%5.03%3.07%-11.87%6.04%42.70%121.20%78.70%-86.46%$9.28$5.0116.77%54.09%1.06577,672-11.03%
VNOM
VIPER ENERGY INC
$37.150.05%-6.07%-3.18%18.88%29.85%32.30%102.23%16.86%N/A$41.22$24.489.87%51.76%1.13914,678-44.13%
MPLX
MPLX LP
$41.10-1.18%-1.86%-1.96%9.80%15.06%18.31%50.49%29.12%-25.88%$42.90$33.124.20%24.09%0.661,375,175-48.03%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$17.231.77%-4.65%-3.26%12.84%8.50%38.73%86.67%-25.57%-69.88%$19.03$12.079.46%42.75%1.113,147,507-24.73%
KNTK
KINETIK HOLDINGS INC
$38.231.00%-2.47%-4.43%17.81%3.52%29.46%13.63%-24.45%N/A$40.42$26.325.42%45.28%1.32565,64938.07%
DLNG
DYNAGAS LNG PARTNERS LP
$3.885.15%14.12%32.88%37.59%50.50%47.53%36.14%70.93%-82.20%$3.89$2.270.26%70.93%0.6857,50319.84%
MARPS
MARINE PETROLEUM TRUST
$4.20-2.14%0.79%-7.73%-8.03%-14.21%-41.63%-1.11%73.03%-75.03%$7.83$3.9046.32%7.77%0.565,24051.66%
ET
ENERGY TRANSFER LP
$15.781.94%-1.00%0.00%10.12%15.69%24.35%82.85%5.84%-32.55%$16.07$12.181.80%29.61%0.899,557,278-26.81%
PBA
PEMBINA PIPELINE CORP
$35.381.96%-0.92%0.08%3.63%11.36%11.33%13.80%1.14%-9.21%$36.17$28.152.18%25.68%1.131,082,802-0.40%
OKE
ONEOK INC
$76.950.04%-5.44%-3.81%12.68%15.45%22.65%45.96%15.11%21.79%$81.81$55.915.94%37.63%1.292,615,813-46.04%
ENB
ENBRIDGE INC
$36.422.33%0.44%1.59%3.17%8.68%-5.55%-6.06%0.33%-24.85%$40.30$31.039.63%17.37%0.864,986,853-33.37%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$6.383.91%5.28%1.59%4.08%28.89%66.58%169.20%250.55%N/A$6.74$3.595.27%77.72%0.94494,970137.62%
ENLC
ENLINK MIDSTREAM LLC
$12.880.08%-6.53%-6.05%9.15%0.47%39.09%180.00%16.77%-64.22%$14.18$8.469.14%52.34%1.201,612,061-71.62%
PAGP
PLAINS GP HOLDINGS LP
$18.061.57%-4.55%-2.17%12.73%10.19%39.89%88.91%-23.08%-75.43%$19.77$12.598.65%43.50%1.082,078,475-18.46%
DTM
DT MIDSTREAM INC
$62.611.59%-3.07%-0.40%17.07%9.04%34.36%N/AN/AN/A$64.69$45.113.22%38.81%0.74645,491-21.97%
HESM
HESS MIDSTREAM LP
$33.931.34%-2.89%-5.99%-0.88%12.28%14.67%52.02%58.85%N/A$36.84$26.867.90%26.32%0.90643,494-36.24%
KMI
KINDER MORGAN INC
$18.461.26%-1.81%0.22%8.84%9.23%10.67%6.95%-4.65%-43.58%$18.92$15.892.43%16.17%0.8914,689,241-18.76%
NS
NUSTAR ENERGY LP
$21.96-1.83%-1.88%-5.39%-3.00%23.16%40.77%12.50%-18.06%-62.08%$24.50$14.7010.37%49.39%0.968,151,153365.65%
BANL
CBL INTERNATIONAL LTD
$1.00-4.76%-7.41%-2.91%-30.56%-35.90%-68.65%N/AN/AN/A$5.49$0.8381.79%20.05%1.328,820-31.01%
AM
ANTERO MIDSTREAM CORP
$13.961.97%-1.90%-2.45%14.05%7.80%32.57%59.00%13.59%N/A$14.52$10.093.86%38.42%0.821,538,919-50.72%
ETRN
EQUITRANS MIDSTREAM CORP
$13.442.60%-2.04%8.21%29.86%47.69%166.14%66.13%-34.85%N/A$14.21$4.655.42%189.03%0.963,206,976-53.16%
GEL
GENESIS ENERGY LP
$12.254.08%-0.24%5.97%7.46%8.60%15.57%30.74%-43.08%-78.41%$12.78$8.054.15%52.17%1.31557,07370.89%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$2.886.27%8.27%9.92%28.00%12.94%13.39%32.72%-61.39%-93.20%$3.30$1.9512.73%47.69%0.8068,36293.60%
PBT
PERMIAN BASIN ROYALTY TRUST
$11.570.96%-3.66%-6.84%-20.15%-40.42%-50.22%200.52%85.12%-13.53%$25.62$10.9554.84%5.66%0.6938,666-49.88%
GLNG
GOLAR LNG LTD
$24.931.47%-0.36%1.84%14.94%7.46%15.26%109.67%27.52%-43.89%$25.90$19.623.75%27.06%1.28852,301-28.50%
VIK
VIKING HOLDINGS LTD
$26.993.41%3.41%N/AN/AN/AN/AN/AN/AN/A$28.29$25.714.60%4.98%N/A10,558,806-69.72%
NGL
NGL ENERGY PARTNERS LP
$5.861.56%-0.51%1.38%0.69%38.86%107.80%172.56%-56.66%-84.51%$6.20$2.635.41%122.81%1.0993,712-72.89%
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$28.161.37%0.50%-1.09%72.44%41.22%86.74%15.98%-76.53%-95.80%$29.54$13.004.66%116.62%1.779,976-55.92%
BROG
BROOGE ENERGY LTD
$1.05-2.79%-7.93%-51.84%-56.28%-78.41%-82.58%-88.69%-89.63%N/A$6.66$1.0284.31%2.45%0.1670,367-21.18%

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 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 42.81% 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 16.61% from International Seaways's current stock price of $55.74.

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 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 61.01% over the past year, overperforming other oil & gas midstream stocks by 36 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 6.23% from Frontline's current stock price of $24.57.

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. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) 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 18 out of 33 due diligence checks and has strong fundamentals. Imperial Petroleum /Marshall Islands has seen its stock return 61.88% over the past year, overperforming other oil & gas midstream stocks by 37 percentage points.

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 16.72%, 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 11.79%, 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 10.06%, 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 up?

Oil & gas midstream stocks were up 1.79% in the last day, and down -0.6% over the last week. Viking Holdings was the among the top gainers in the oil & gas midstream industry, gaining 3.41% yesterday.

Viking Holdings shares are trading higher amid post-IPO volatility.

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. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) is the 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 42.81% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 18 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 61.88% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 37 percentage points.

3. Plains All American Pipeline (NASDAQ:PAA)


Plains All American Pipeline (NASDAQ:PAA) is the third 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 38.73% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 14 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 12.46% 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 14.16x.
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.