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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
EURN	EURONAV NV	$16.29	N/A	N/A	3.83x	7.61x	2.02x	1.34x	N/A	$1.71B	51.85%	$2.36B	11.68	$3.64B	2.89
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$3.25	$27.06	-87.99%	1.01x	N/A	0.33x	0.27x	0.12x	$55.25M	91.38%	$362.31M	19.48	-$27.14M	-0.31
TRMD	TORM PLC	$32.77	$114.49	-71.38%	4.23x	N/A	1.86x	1.70x	0.16x	$461.22M	16.32%	$1.66B	19.30	$3.59B	4.16
TNK	TEEKAY TANKERS LTD	$56.27	N/A	N/A	3.74x	9.52x	1.41x	1.26x	N/A	$615.87M	32.04%	$1.53B	44.67	$1.77B	2.73
INSW	INTERNATIONAL SEAWAYS INC	$53.60	N/A	N/A	4.72x	10.45x	2.45x	1.53x	N/A	$547.77M	20.87%	$1.72B	35.05	$3.24B	4.29
CQP	CHENIERE ENERGY PARTNERS LP	$48.66	$78.21	-37.78%	7.00x	15.80x	2.44x	-30.04x	0.43x	$2.89B	12.27%	-$784.00M	-1.62	$38.91B	6.77
LPG	DORIAN LPG LTD	$40.89	N/A	N/A	5.40x	38.94x	2.98x	1.69x	N/A	$265.63M	16.10%	$984.06M	24.39	$2.27B	5.20
OKE	ONEOK INC	$79.91	N/A	N/A	14.56x	18.50x	2.19x	2.83x	N/A	$2.83B	7.30%	$16.48B	34.04	$68.03B	13.26
NVGS	NAVIGATOR HOLDINGS LTD	$14.97	$17.71	-15.46%	13.49x	9.72x	2.01x	0.92x	0.45x	$3.46M	0.31%	$1.19B	16.06	$1.79B	6.39
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$29.00	$17.71	63.79%	11.51x	11.03x	1.26x	2.27x	2.62x	$4.30B	6.84%	$27.67B	12.76	$91.31B	10.24
DHT	DHT HOLDINGS INC	$11.19	$8.84	26.64%	11.30x	10.08x	3.24x	1.75x	1.15x	$123.18M	6.79%	$1.03B	6.33	$2.16B	7.09
TNP	TSAKOS ENERGY NAVIGATION LTD	$24.66	$165.33	-85.08%	2.73x	5.76x	0.82x	0.45x	0.07x	$262.84M	36.12%	$1.62B	54.86	$1.95B	3.73
STNG	SCORPIO TANKERS INC	$69.84	$514.94	-86.44%	6.69x	15.28x	2.73x	1.45x	0.05x	$907.28M	24.81%	$2.55B	48.76	$4.51B	4.84
FLNG	FLEX LNG LTD	$25.80	$39.23	-34.23%	11.52x	8.09x	3.74x	1.64x	0.34x	$175.03M	12.62%	$847.65M	15.77	$2.79B	9.23
LNG	CHENIERE ENERGY INC	$160.46	$1.11k	-85.52%	3.91x	30.80x	1.90x	7.44x	0.06x	$6.30B	16.28%	$5.06B	21.00	$59.92B	3.90
TRP	TC ENERGY CORP	$35.91	$46.77	-23.22%	17.63x	10.32x	3.13x	1.70x	0.35x	-$652.59M	-1.76%	$21.89B	21.25	$81.35B	11.09
WES	WESTERN MIDSTREAM PARTNERS LP	$35.71	$47.21	-24.36%	13.68x	9.47x	4.40x	4.69x	0.38x	$926.25M	6.77%	$2.90B	7.57	$21.22B	10.74
GLP	GLOBAL PARTNERS LP	$46.24	$25.39	82.10%	12.27x	N/A	0.10x	1.96x	3.44x	$123.28M	7.85%	$800.66M	23.57	$3.03B	8.50
TK	TEEKAY CORP	$7.22	$149.03	-95.16%	4.54x	N/A	0.47x	0.90x	0.02x	$646.82M	94.82%	$732.28M	7.75	$392.21M	1.36
MPLX	MPLX LP	$41.19	N/A	N/A	10.84x	12.26x	3.65x	3.34x	N/A	$4.49B	10.88%	$12.45B	12.44	$61.27B	10.13
KNTK	KINETIK HOLDINGS INC	$39.02	N/A	N/A	7.43x	12.01x	1.61x	-11.11x	N/A	$271.62M	13.43%	-$530.82M	-10.24	$9.50B	14.83
WMB	WILLIAMS COMPANIES INC	$38.66	$40.27	-4.00%	14.81x	23.29x	4.32x	3.79x	0.52x	$3.37B	7.16%	$12.40B	10.18	$71.33B	9.52
TRGP	TARGA RESOURCES CORP	$113.81	$94.58	20.33%	30.84x	15.65x	1.59x	9.27x	0.54x	$830.90M	3.25%	$2.74B	12.20	$38.21B	10.25
VNOM	VIPER ENERGY INC	$39.14	N/A	N/A	14.55x	19.19x	3.51x	6.82x	N/A	-$270.17M	-9.31%	$1.01B	13.67	$7.98B	18.09
PAA	PLAINS ALL AMERICAN PIPELINE LP	$17.90	$10.96	63.32%	12.79x	11.93x	0.26x	1.20x	1.91x	$2.15B	17.22%	$10.42B	14.91	$20.12B	7.23
ET	ENERGY TRANSFER LP	$15.83	$10.86	45.80%	14.39x	12.46x	0.68x	1.45x	1.15x	$6.42B	12.05%	$36.68B	10.89	$106.37B	9.50
ENB	ENBRIDGE INC	$35.35	$17.82	98.40%	16.68x	14.55x	2.31x	1.64x	2.00x	$6.96B	9.26%	$45.86B	21.58	$131.27B	10.70
MARPS	MARINE PETROLEUM TRUST	$4.19	$2.93	43.09%	9.31x	N/A	7.10x	8.43x	3.20x	N/A	N/A	$994.49k	0.50	$7.39M	N/A
PBA	PEMBINA PIPELINE CORP	$35.10	$17.62	99.16%	15.80x	13.25x	2.86x	1.65x	2.26x	$1.50B	7.79%	$11.71B	21.30	$27.44B	11.61
NS	NUSTAR ENERGY LP	$22.28	$15.08	47.73%	30.94x	19.21x	1.59x	2.69x	0.70x	$366.76M	14.09%	$1.05B	8.95	$6.23B	8.03
OSG	OVERSEAS SHIPHOLDING GROUP INC	$6.03	$12.51	-51.79%	7.54x	N/A	1.05x	1.21x	0.26x	$72.17M	15.26%	$354.05M	4.51	$925.48M	3.91
PAGP	PLAINS GP HOLDINGS LP	$18.69	N/A	N/A	18.50x	54.97x	0.07x	2.38x	N/A	$2.15B	58.97%	$1.55B	7.94	$11.26B	6.17
DLNG	DYNAGAS LNG PARTNERS LP	$3.57	$9.43	-62.13%	5.41x	4.10x	0.82x	0.29x	0.22x	$60.15M	45.77%	$448.24M	12.18	$477.22M	4.57
ETRN	EQUITRANS MIDSTREAM CORP	$12.86	N/A	N/A	14.45x	15.68x	4.00x	5.34x	N/A	$629.56M	11.28%	$1.04B	2.41	$12.89B	10.77
ENLC	ENLINK MIDSTREAM LLC	$13.65	$9.27	47.18%	30.33x	19.78x	0.90x	6.18x	0.70x	$777.00M	12.56%	$1.00B	2.21	$10.73B	8.95
HESM	HESS MIDSTREAM LP	$35.61	$23.54	51.27%	16.88x	14.08x	1.48x	23.69x	1.04x	$642.90M	32.13%	$340.20M	6.05	$11.26B	21.33
KMI	KINDER MORGAN INC	$18.82	$8.42	123.61%	17.27x	16.09x	2.73x	1.38x	2.71x	$3.89B	9.31%	$30.37B	13.68	$73.80B	10.13
BANL	CBL INTERNATIONAL LTD	$1.05	N/A	N/A	23.36x	N/A	0.06x	1.04x	N/A	-$10.81M	-41.10%	$25.31M	1.01	$19.24M	9.70
FRO	FRONTLINE PLC	$22.89	N/A	N/A	N/A	N/A	N/A	2.29x	N/A	N/A	N/A	$2.23B	10.00	$7.07B	N/A
DTM	DT MIDSTREAM INC	$62.91	$29.16	115.73%	15.85x	14.87x	6.61x	1.47x	2.99x	$26.00M	0.43%	$4.14B	42.71	$9.31B	11.12
GEL	GENESIS ENERGY LP	$12.27	$1.50	720.03%	55.77x	N/A	0.47x	2.85x	14.87x	-$98.89M	-6.58%	$527.74M	4.31	$5.23B	8.14
AM	ANTERO MIDSTREAM CORP	$14.00	$8.02	74.47%	18.18x	15.56x	6.44x	3.12x	1.29x	$595.06M	8.86%	$2.15B	4.49	$9.93B	11.64
PBT	PERMIAN BASIN ROYALTY TRUST	$11.75	N/A	N/A	19.58x	N/A	18.83x	2,472.77x	N/A	N/A	N/A	$221.47k	0.01	$541.60M	N/A
GLNG	GOLAR LNG LTD	$25.29	N/A	N/A	-57.48x	11.71x	8.86x	-1.28x	N/A	$132.68M	5.02%	-$2.07B	-19.77	$3.09B	573.18
MMLP	MARTIN MIDSTREAM PARTNERS LP	$2.75	N/A	N/A	-25.00x	N/A	0.13x	-1.66x	N/A	$108.63M	101.89%	-$64.62M	-1.67	$574.06M	5.15
NGL	NGL ENERGY PARTNERS LP	$5.77	N/A	N/A	-9.62x	N/A	0.10x	0.90x	N/A	$387.36M	50.78%	$844.94M	6.39	$3.55B	6.06
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$27.49	N/A	N/A	-4.50x	-6.38x	0.62x	0.40x	N/A	$58.00M	20.42%	$718.56M	69.53	$1.74B	8.02
BROG	BROOGE ENERGY LTD	$1.11	N/A	N/A	N/A	N/A	N/A	0.85x	N/A	N/A	N/A	$142.46M	1.30	$379.33M	N/A

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best oil & gas midstream stocks to buy right now are:

1. Euronav Nv (NYSE:EURN)

Euronav Nv (NYSE:EURN) is the top oil & gas midstream stock with a Zen Score of 60, which is 24 points higher than the oil & gas midstream industry average of 36. It passed 22 out of 38 due diligence checks and has strong fundamentals. Euronav Nv has seen its stock lose -8.64% over the past year, underperforming other oil & gas midstream stocks by -25 percentage points.

Euronav Nv has an average 1 year price target of $19.14, an upside of 17.5% from Euronav Nv's current stock price of $16.29.

Euronav Nv stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Euronav Nv, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Torm (NASDAQ:TRMD)

Torm (NASDAQ:TRMD) is the second 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 21 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock lose -2.87% over the past year, underperforming other oil & gas midstream stocks by -19 percentage points.

Torm has an average 1 year price target of $44.00, an upside of 34.27% from Torm's current stock price of $32.77.

Torm stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Torm, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 8.62% over the past year, underperforming other oil & gas midstream stocks by -8 percentage points.

What are the oil & gas midstream stocks with highest dividends?

Out of 38 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 17.64%, which is 12 percentage points higher than the oil & gas midstream industry average of 6%. 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. Euronav Nv (NYSE:EURN)

Euronav Nv (NYSE:EURN) has an annual dividend yield of 13.02%, which is 7 percentage points higher than the oil & gas midstream industry average of 6%. Euronav Nv's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Euronav Nv's dividend has shown consistent growth over the last 10 years.

Euronav Nv's dividend payout ratio of 49.9% indicates that its high dividend yield is sustainable for the long-term.

3. Flex Lng (NYSE:FLNG)

Flex Lng (NYSE:FLNG) has an annual dividend yield of 12.11%, which is 6 percentage points higher than the oil & gas midstream industry average of 6%. 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.

Why are oil & gas midstream stocks up?

Oil & gas midstream stocks were up 0.23% in the last day, and up 1.51% 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. Tsakos Energy Navigation (NYSE:TNP)

Tsakos Energy Navigation (NYSE:TNP) is the most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Tsakos Energy Navigation has a valuation score of 71, which is 32 points higher than the oil & gas midstream industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 30.61% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 14 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 32 points higher than the oil & gas midstream industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 8.62% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -8 percentage points.

3. Torm (NASDAQ:TRMD)

Torm (NASDAQ:TRMD) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Torm has a valuation score of 71, which is 32 points higher than the oil & gas midstream industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Torm's stock has dropped -2.87% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -19 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 12.23% 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 13.94x.

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.