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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
FRO
FRONTLINE PLC
$5.30B33.60%12.30%15.13%11.10%1.601.7856.50%35.90%45.34%
INSW
INTERNATIONAL SEAWAYS INC
$2.70B34.00%21.60%26.91%20.10%0.472.3870.60%51.90%58.42%
EURN
EURONAV NV
$3.28B38.40%22.10%34.59%22.50%0.453.8476.80%52.60%63.52%
TRMD
TORM PLC
$2.99B40.20%22.70%27.38%21.40%0.722.6057.50%42.60%46.91%
TNK
TEEKAY TANKERS LTD
$2.00B37.10%28.30%31.76%31.90%0.234.4149.10%37.60%40.37%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$106.43M20.60%18.90%20.14%29.40%0.0412.6148.40%38.70%39.71%
LPG
DORIAN LPG LTD
$1.70B33.20%17.30%20.04%15.00%0.853.3178.20%55.00%62.25%
NVGS
NAVIGATOR HOLDINGS LTD
$1.11B7.00%3.70%7.51%5.40%0.821.3854.40%14.90%27.50%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$63.01B20.40%8.00%11.83%9.00%1.530.9313.50%11.10%13.77%
CQP
CHENIERE ENERGY PARTNERS LP
$23.72B-453.40%22.80%30.70%15.80%-24.091.0160.20%44.00%52.54%
TNP
TSAKOS ENERGY NAVIGATION LTD
$764.49M17.30%8.00%13.19%9.40%1.061.5857.80%30.00%45.08%
STNG
SCORPIO TANKERS INC
$3.86B21.90%12.50%19.64%14.00%0.661.1375.50%40.80%54.44%
OKE
ONEOK INC
$47.27B22.60%7.80%10.69%9.70%1.690.9031.30%15.00%24.68%
FLNG
FLEX LNG LTD
$1.41B13.90%4.30%8.95%5.70%2.202.8981.10%32.40%61.68%
LNG
CHENIERE ENERGY INC
$37.35B282.80%23.70%34.55%22.40%6.731.6384.40%48.50%66.40%
WMB
WILLIAMS COMPANIES INC
$47.77B26.60%6.30%11.58%8.80%3.040.7763.20%29.10%49.69%
DHT
DHT HOLDINGS INC
$1.85B15.50%10.80%13.59%11.30%0.453.5457.00%28.80%34.80%
TRP
TC ENERGY CORP
$37.45B8.60%2.30%6.29%4.60%2.910.9666.10%17.80%44.73%
GLP
GLOBAL PARTNERS LP
$1.61B16.50%4.10%10.00%7.80%3.301.125.90%0.80%1.49%
MPLX
MPLX LP
$42.40B31.70%10.60%14.26%10.50%1.841.0758.70%33.90%42.87%
TK
TEEKAY CORP
$682.55M21.80%7.00%9.43%10.20%0.545.3446.30%10.30%13.02%
VNOM
VIPER ENERGY INC
$7.02B26.10%6.10%7.48%7.40%1.104.3293.90%24.20%35.63%
WES
WESTERN MIDSTREAM PARTNERS LP
$13.65B34.50%8.60%12.31%8.10%3.260.7670.20%32.10%44.26%
ET
ENERGY TRANSFER LP
$53.75B10.20%3.20%6.65%5.00%1.901.1023.00%4.40%8.67%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.53B9.40%3.60%7.77%6.20%1.310.985.70%2.00%3.57%
KNTK
KINETIK HOLDINGS INC
$5.90B-53.10%6.20%5.75%4.00%-7.291.0344.40%30.80%28.61%
MARPS
MARINE PETROLEUM TRUST
$8.40M93.00%93.00%90.64%12,876,771.40%0.00N/A100.00%76.30%76.33%
ENB
ENBRIDGE INC
$76.14B9.40%3.30%7.26%5.80%1.890.8351.10%13.40%27.09%
PBA
PEMBINA PIPELINE CORP
$19.68B10.50%5.30%8.60%7.40%1.060.8231.10%18.10%27.69%
DLNG
DYNAGAS LNG PARTNERS LP
$129.18M8.10%3.90%16.68%5.80%1.030.2376.50%22.30%46.79%
NS
NUSTAR ENERGY LP
$2.86B28.10%5.60%11.13%7.70%3.680.8536.90%16.70%31.85%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$427.84M17.80%5.70%11.39%7.20%2.050.6842.60%13.80%22.92%
PAGP
PLAINS GP HOLDINGS LP
$3.70B12.80%0.70%3.28%2.70%8.800.985.70%0.40%1.59%
TRGP
TARGA RESOURCES CORP
$26.08B31.90%4.20%13.38%8.80%5.860.8026.80%5.20%14.92%
ENLC
ENLINK MIDSTREAM LLC
$6.29B18.40%2.40%7.37%4.70%5.690.8429.60%3.00%7.84%
HESM
HESS MIDSTREAM LP
$7.90B38.30%3.20%9.37%5.10%10.070.6576.80%8.80%24.88%
ETRN
EQUITRANS MIDSTREAM CORP
$5.96B39.20%3.50%7.81%5.20%9.120.7687.20%27.70%61.21%
DTM
DT MIDSTREAM INC
$6.21B9.40%4.30%7.46%6.90%1.140.6373.40%41.60%69.20%
AM
ANTERO MIDSTREAM CORP
$6.83B18.10%6.80%13.08%9.60%1.671.2580.30%36.70%69.56%
BANL
CBL INTERNATIONAL LTD
$27.00M6.10%2.90%6.55%12.80%1.111.861.70%0.30%0.38%
KMI
KINDER MORGAN INC
$41.46B8.10%3.50%7.57%6.80%1.280.5047.00%16.10%32.77%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$104.13M-5.80%0.70%16.03%7.70%-9.331.2555.40%0.50%9.15%
PBT
PERMIAN BASIN ROYALTY TRUST
$568.63M13,651.80%758.30%N/A13,651.80%27.32N/A100.00%96.20%96.16%
GEL
GENESIS ENERGY LP
$1.51B5.00%0.40%5.99%4.00%10.061.0021.30%0.80%11.41%
GLNG
GOLAR LNG LTD
$2.62BN/A-1.10%-1.27%-1.10%-0.721.4968.70%-15.70%-15.05%
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$301.95M-8.60%-2.50%3.80%2.50%2.300.7353.50%-13.70%19.52%
NGL
NGL ENERGY PARTNERS LP
$763.27M-9.90%-1.40%7.01%5.50%5.331.2314.10%-1.10%4.06%
BROG
BROOGE ENERGY LTD
$120.55MN/AN/AN/AN/A2.560.11N/AN/AN/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. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) is the top oil & gas midstream stock with a Zen Score of 62, which is 25 points higher than the oil & gas midstream industry average of 37. It passed 23 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 56.48% over the past year, overperforming other oil & gas midstream stocks by 34 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 9.66% from Frontline's current stock price of $23.80.

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.

2. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) is the second best 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 35.29% over the past year, overperforming other oil & gas midstream stocks by 12 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 17.9% from International Seaways's current stock price of $55.13.

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.

3. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) is the third best oil & gas midstream stock with a Zen Score of 60, which is 23 points higher than the oil & gas midstream industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Euronav Nv has seen its stock return 0.66% over the past year, underperforming other oil & gas midstream stocks by -22 percentage points.

Euronav Nv has an average 1 year price target of $19.19, an upside of 13.87% from Euronav Nv's current stock price of $16.85.

Euronav Nv stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 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.

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 16.68%, which is 11 percentage points higher than the oil & gas midstream industry average of 5.84%. 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 12.59%, which is 7 percentage points higher than the oil & gas midstream industry average of 5.84%. Euronav Nv's dividend payout is not stable, having dropped more than 10% seven 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 11.95%, which is 6 percentage points higher than the oil & gas midstream industry average of 5.84%. 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 0.28% in the last day, and up 1.94% 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. 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 30 points higher than the oil & gas midstream industry average of 41. It passed 5 out of 7 valuation due diligence checks.

International Seaways's stock has gained 35.29% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 12 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 30 points higher than the oil & gas midstream industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 41.95% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 19 percentage points.

3. Tsakos Energy Navigation (NYSE:TNP)


Tsakos Energy Navigation (NYSE:TNP) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Tsakos Energy Navigation has a valuation score of 71, which is 30 points higher than the oil & gas midstream industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 49.86% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 27 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 10.85% 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 14.18x.
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