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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 %
TNK
TEEKAY TANKERS LTD
$71.83-0.57%4.50%25.38%25.84%41.15%78.55%400.56%560.20%161.77%$72.76$35.001.28%105.23%0.72329,313-8.03%
FRO
FRONTLINE PLC
$27.480.59%4.93%14.31%16.74%25.94%87.58%247.41%204.99%89.52%$27.63$13.350.54%105.84%0.78752,603-48.11%
TRMD
TORM PLC
$38.160.71%5.36%15.43%13.47%15.25%41.12%314.78%343.72%N/A$38.30$22.310.37%71.04%0.341,133,60227.28%
INSW
INTERNATIONAL SEAWAYS INC
$63.31-0.30%3.08%20.11%23.82%35.89%66.30%218.46%225.84%N/A$63.80$34.770.77%82.08%0.70305,661-34.78%
LPG
DORIAN LPG LTD
$43.73-0.39%1.30%8.54%29.15%11.87%99.41%185.44%467.19%129.31%$49.54$22.4411.73%94.88%0.94450,484-2.04%
TNP
TSAKOS ENERGY NAVIGATION LTD
$30.171.00%4.94%19.30%25.45%42.38%73.89%224.06%79.05%-13.43%$30.34$16.450.56%83.40%0.79338,79110.71%
TK
TEEKAY CORP
$9.230.76%5.01%28.55%16.39%31.29%59.14%160.00%115.65%-84.17%$9.31$5.450.86%69.36%1.051,011,81520.04%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$28.56-0.17%-0.83%0.60%4.12%8.72%9.80%18.16%-1.24%-21.65%$29.99$25.194.77%13.38%0.743,516,475-31.65%
TRP
TC ENERGY CORP
$38.91-0.54%0.72%10.85%-1.97%6.02%-3.81%-23.51%-20.09%-17.20%$41.85$32.527.03%19.67%0.841,357,6582.36%
TRGP
TARGA RESOURCES CORP
$117.671.33%3.95%4.85%22.11%36.79%69.43%201.33%179.04%3.85%$117.95$67.360.23%74.70%1.391,075,444-14.44%
FLNG
FLEX LNG LTD
$29.430.72%3.15%15.37%10.31%-6.45%-2.65%129.21%N/AN/A$33.33$24.1611.70%21.81%0.94287,11245.84%
NVGS
NAVIGATOR HOLDINGS LTD
$16.692.90%2.27%10.53%10.31%16.63%29.58%50.23%66.73%-32.21%$16.75$12.330.36%35.35%0.94221,023-31.89%
DHT
DHT HOLDINGS INC
$12.49-1.19%3.22%10.73%13.24%20.56%53.44%112.05%107.13%69.47%$12.67$7.601.42%64.34%0.551,411,390-45.75%
LNG
CHENIERE ENERGY INC
$160.161.41%1.97%2.14%-0.58%-7.69%12.49%90.44%138.30%178.59%$183.46$135.3012.70%18.37%0.731,493,63319.66%
WES
WESTERN MIDSTREAM PARTNERS LP
$38.041.44%5.00%10.49%23.47%33.29%47.50%75.30%24.44%-26.26%$38.34$25.040.78%51.92%1.32855,499-11.35%
VNOM
VIPER ENERGY INC
$37.671.15%-0.32%-3.21%7.08%23.87%40.77%98.89%21.09%N/A$41.22$24.488.61%53.88%1.13293,337-47.48%
EURN
EURONAV NV
$20.70-0.19%6.15%25.45%16.42%14.81%26.37%121.63%109.09%N/A$20.86$14.100.77%46.81%0.64309,971-21.03%
KNTK
KINETIK HOLDINGS INC
$40.460.77%1.43%5.04%19.14%13.49%30.35%24.61%-24.37%N/A$40.69$30.580.57%32.31%1.33385,596-7.32%
MPLX
MPLX LP
$40.450.12%-2.55%1.15%2.87%12.58%18.97%36.42%28.82%-31.59%$42.90$33.125.71%22.13%0.652,600,633-14.78%
ET
ENERGY TRANSFER LP
$15.960.82%0.13%4.79%9.02%18.05%27.37%53.31%7.84%-36.08%$16.40$12.312.68%29.65%0.8910,720,04015.63%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$17.372.12%-1.53%0.06%7.02%11.78%30.60%66.22%-28.67%-69.21%$19.03$12.858.72%35.18%1.113,030,292-31.45%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$4.012.04%8.38%22.63%31.48%157.05%8.38%N/AN/AN/A$4.53$1.1811.38%239.83%0.701,088,556-26.87%
DLNG
DYNAGAS LNG PARTNERS LP
$3.990.00%0.00%27.48%31.25%54.05%52.87%46.69%78.13%-82.58%$4.24$2.275.90%75.77%0.6832,724-25.89%
MARPS
MARINE PETROLEUM TRUST
$4.453.49%5.45%0.91%5.95%-2.20%-41.45%2.53%80.82%-76.06%$7.74$3.9042.51%14.10%0.5512,929178.64%
STNG
SCORPIO TANKERS INC
$81.690.79%4.97%15.41%23.53%45.38%70.40%289.37%208.85%-8.93%$81.76$40.340.09%102.50%0.85878,36522.11%
WMB
WILLIAMS COMPANIES INC
$41.270.78%4.11%9.53%20.99%16.48%42.56%55.56%50.07%-10.17%$41.35$28.270.19%45.99%0.946,067,587-16.78%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$6.862.39%2.08%15.29%12.64%40.00%77.72%210.41%272.83%N/A$7.00$3.592.00%91.09%0.94425,1827.04%
EE
EXCELERATE ENERGY INC
$18.650.11%-2.15%21.42%36.33%4.60%-11.06%N/AN/AN/A$22.42$13.3816.82%39.39%0.95118,803-11.79%
PBA
PEMBINA PIPELINE CORP
$36.94-0.43%0.27%8.20%9.78%13.91%17.91%13.73%1.62%-9.97%$37.48$28.151.43%31.23%1.14639,7944.36%
ENB
ENBRIDGE INC
$36.75-0.03%-2.78%10.26%6.71%9.12%-1.18%-5.23%-2.08%-23.02%$38.37$31.034.22%18.43%0.877,543,54941.49%
GLP
GLOBAL PARTNERS LP
$44.482.58%1.11%-2.05%-4.90%31.09%42.75%86.58%121.51%7.10%$49.50$27.0710.14%64.31%0.77119,49532.24%
ENLC
ENLINK MIDSTREAM LLC
$13.670.89%1.48%1.79%9.45%6.05%44.20%176.72%18.35%-64.56%$14.18$9.523.56%43.59%1.202,380,96746.19%
OKE
ONEOK INC
$82.630.47%3.20%6.37%15.26%24.01%44.46%50.21%21.21%32.85%$83.05$56.190.51%47.05%1.302,147,6727.15%
CQP
CHENIERE ENERGY PARTNERS LP
$49.522.95%4.03%6.15%-4.99%-16.55%5.47%17.54%16.33%50.79%$62.34$43.4220.56%14.05%0.67205,7357.97%
DTM
DT MIDSTREAM INC
$66.880.53%2.23%6.99%20.18%18.92%41.85%N/AN/AN/A$67.06$45.200.27%47.96%0.74355,9907.02%
PAGP
PLAINS GP HOLDINGS LP
$18.401.83%-0.33%0.71%8.88%15.29%32.85%71.96%-24.81%-75.24%$19.77$13.476.93%36.60%1.081,401,728-8.52%
BANL
CBL INTERNATIONAL LTD
$1.053.96%0.00%4.17%-19.23%-41.34%-56.43%N/AN/AN/A$5.49$0.8380.87%26.05%1.3119,69687.22%
KMI
KINDER MORGAN INC
$19.700.51%3.25%10.92%15.47%16.16%19.76%4.79%-2.52%-40.88%$19.79$15.890.45%23.98%0.9011,989,4214.55%
AM
ANTERO MIDSTREAM CORP
$14.921.15%3.47%9.30%19.65%14.68%43.05%50.40%11.93%N/A$14.93$10.090.07%47.94%0.821,228,185-24.46%
ETRN
EQUITRANS MIDSTREAM CORP
$13.901.83%6.03%13.28%32.38%52.41%142.58%65.67%-35.86%N/A$14.24$5.652.39%146.02%0.963,044,782-55.08%
HESM
HESS MIDSTREAM LP
$35.420.88%0.91%1.96%5.26%13.09%28.57%47.77%73.80%N/A$36.84$26.863.85%31.87%0.901,045,58265.67%
GEL
GENESIS ENERGY LP
$13.101.55%0.54%11.30%17.70%9.17%27.68%35.89%-39.60%-75.78%$13.42$8.052.38%62.73%1.31537,81645.93%
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$33.05-1.99%1.44%17.07%94.07%72.86%135.73%39.16%-72.76%-95.12%$36.00$13.008.19%154.23%1.7943,227-37.75%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$3.021.68%1.00%10.22%24.28%20.32%30.17%5.96%-59.63%-92.43%$3.30$1.958.48%54.87%0.8051,695-53.07%
PBT
PERMIAN BASIN ROYALTY TRUST
$13.262.55%6.76%14.90%-3.42%-29.32%-45.99%209.81%114.56%-6.49%$25.62$10.9548.24%21.10%0.69129,52455.18%
GLNG
GOLAR LNG LTD
$26.90-0.15%3.90%8.60%26.95%22.11%23.06%125.67%41.80%-39.02%$27.06$19.620.59%37.10%1.27740,8065.06%
NGL
NGL ENERGY PARTNERS LP
$5.700.00%-0.52%-0.35%-0.70%39.02%97.92%155.61%-61.46%-85.38%$6.20$2.887.99%97.92%1.10437,0647.60%
BROG
BROOGE ENERGY LTD
$1.01-2.88%-1.46%-10.62%-66.89%-79.80%-81.64%-89.02%-90.00%N/A$6.66$1.0084.83%1.00%0.16103,198181.60%

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.