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

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
TNK	TEEKAY TANKERS LTD	$2.46B	32.80%	26.90%	29.39%	32.00%	0.11	6.58	47.10%	37.40%	39.24%
FRO	FRONTLINE PLC	$6.12B	33.60%	12.30%	15.13%	11.10%	1.60	1.78	56.50%	35.90%	45.34%
TRMD	TORM PLC	$3.52B	39.20%	22.30%	22.92%	21.20%	0.70	3.63	59.40%	42.70%	47.14%
INSW	INTERNATIONAL SEAWAYS INC	$3.13B	31.20%	20.50%	25.04%	19.40%	0.42	2.73	70.00%	49.90%	56.08%
LPG	DORIAN LPG LTD	$1.78B	33.20%	17.30%	20.04%	15.00%	0.85	3.31	78.20%	55.00%	62.25%
TNP	TSAKOS ENERGY NAVIGATION LTD	$890.18M	17.30%	8.00%	13.19%	9.40%	1.06	1.58	57.80%	30.00%	45.08%
TK	TEEKAY CORP	$839.99M	21.70%	7.30%	9.04%	10.80%	0.29	7.39	44.40%	11.10%	13.09%
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$62.02B	20.40%	8.00%	11.89%	9.00%	1.55	0.93	13.10%	10.80%	13.34%
TRP	TC ENERGY CORP	$40.37B	8.60%	2.20%	6.11%	4.40%	2.94	0.94	65.20%	16.70%	43.35%
TRGP	TARGA RESOURCES CORP	$26.09B	41.60%	5.40%	12.24%	7.90%	6.02	0.70	25.60%	6.90%	13.71%
FLNG	FLEX LNG LTD	$1.58B	13.90%	4.30%	8.95%	5.70%	2.20	2.89	81.10%	32.40%	61.68%
NVGS	NAVIGATOR HOLDINGS LTD	$1.22B	7.30%	3.90%	8.05%	5.70%	0.78	1.15	55.70%	15.70%	28.73%
DHT	DHT HOLDINGS INC	$2.02B	16.40%	11.40%	14.53%	11.80%	0.41	3.30	57.60%	29.60%	35.65%
LNG	CHENIERE ENERGY INC	$36.66B	121.30%	11.70%	20.09%	12.20%	8.14	0.98	59.80%	28.50%	42.52%
WES	WESTERN MIDSTREAM PARTNERS LP	$14.47B	45.90%	11.40%	15.20%	10.10%	2.75	1.51	71.10%	41.70%	53.89%
VNOM	VIPER ENERGY INC	$6.66B	24.10%	5.90%	8.02%	7.40%	1.06	3.46	94.00%	24.20%	36.73%
EURN	EURONAV NV	$4.03B	55.20%	31.00%	43.49%	31.10%	0.93	1.46	80.60%	61.40%	70.47%
KNTK	KINETIK HOLDINGS INC	$6.22B	-51.40%	6.60%	5.99%	4.10%	-3.90	1.10	43.40%	31.70%	28.25%
MPLX	MPLX LP	$41.11B	31.70%	10.80%	13.95%	10.20%	1.78	0.72	58.90%	34.20%	40.95%
ET	ENERGY TRANSFER LP	$53.79B	10.20%	3.20%	6.86%	5.10%	2.00	1.18	23.00%	4.40%	8.70%
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.18B	7.90%	3.00%	6.93%	5.50%	1.33	0.97	5.80%	1.70%	3.18%
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$119.55M	14.70%	13.90%	13.94%	20.60%	0.04	8.08	43.30%	32.60%	32.94%
DLNG	DYNAGAS LNG PARTNERS LP	$146.84M	8.10%	3.90%	16.68%	5.80%	1.03	0.23	76.50%	22.30%	46.79%
MARPS	MARINE PETROLEUM TRUST	$8.90M	83.40%	83.40%	88.34%	11,444,214.30%	0.00	N/A	100.00%	71.00%	71.02%
STNG	SCORPIO TANKERS INC	$4.08B	22.30%	13.30%	19.59%	14.80%	0.53	1.60	75.70%	42.10%	55.23%
WMB	WILLIAMS COMPANIES INC	$50.30B	23.80%	5.60%	10.63%	8.10%	3.04	0.52	62.30%	27.20%	47.93%
OSG	OVERSEAS SHIPHOLDING GROUP INC	$494.13M	18.40%	6.00%	11.35%	7.40%	2.02	0.67	43.40%	14.30%	22.98%
EE	EXCELERATE ENERGY INC	$2.00B	6.00%	1.00%	4.87%	4.40%	2.05	3.52	35.30%	2.60%	11.28%
PBA	PEMBINA PIPELINE CORP	$20.29B	10.90%	5.40%	8.51%	7.50%	1.09	1.03	34.60%	20.50%	30.77%
ENB	ENBRIDGE INC	$78.13B	8.80%	3.10%	6.47%	5.50%	1.92	0.68	52.70%	13.00%	26.74%
GLP	GLOBAL PARTNERS LP	$1.51B	11.80%	2.80%	8.84%	6.70%	3.54	1.17	5.80%	0.60%	1.32%
ENLC	ENLINK MIDSTREAM LLC	$6.17B	15.70%	1.90%	6.64%	4.30%	6.24	0.78	30.20%	2.40%	7.07%
OKE	ONEOK INC	$48.23B	15.90%	5.70%	9.86%	7.80%	1.70	0.70	34.60%	12.50%	22.11%
CQP	CHENIERE ENERGY PARTNERS LP	$23.97B	-331.10%	16.40%	26.24%	12.10%	-22.29	0.37	50.50%	33.20%	42.23%
DTM	DT MIDSTREAM INC	$6.49B	9.70%	4.50%	7.51%	7.00%	1.12	0.71	74.40%	42.50%	68.79%
PAGP	PLAINS GP HOLDINGS LP	$3.63B	11.10%	0.60%	2.93%	2.40%	9.03	0.97	5.80%	0.40%	1.42%
BANL	CBL INTERNATIONAL LTD	$26.25M	6.10%	2.90%	6.55%	12.80%	1.11	1.86	1.70%	0.30%	0.38%
KMI	KINDER MORGAN INC	$43.72B	8.10%	3.50%	7.57%	6.80%	1.28	0.50	47.00%	16.10%	32.77%
AM	ANTERO MIDSTREAM CORP	$7.18B	18.10%	6.80%	13.08%	9.60%	1.67	1.25	80.30%	36.70%	69.56%
ETRN	EQUITRANS MIDSTREAM CORP	$6.03B	38.60%	3.50%	7.96%	5.30%	8.95	0.63	86.90%	28.50%	64.97%
HESM	HESS MIDSTREAM LP	$7.92B	40.30%	3.80%	10.10%	5.50%	8.61	0.89	76.50%	10.20%	26.74%
GEL	GENESIS ENERGY LP	$1.60B	8.00%	0.60%	6.27%	4.20%	10.54	1.05	22.10%	1.30%	12.14%
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$351.94M	10.70%	3.30%	11.05%	6.90%	1.59	2.64	54.10%	17.50%	51.31%
MMLP	MARTIN MIDSTREAM PARTNERS LP	$117.78M	-5.80%	0.70%	16.03%	7.70%	-9.33	1.25	55.40%	0.50%	9.15%
PBT	PERMIAN BASIN ROYALTY TRUST	$618.03M	14,547.50%	738.70%	N/A	14,547.50%	14.44	N/A	100.00%	96.00%	96.02%
GLNG	GOLAR LNG LTD	$2.81B	N/A	-1.10%	-1.27%	-1.10%	-0.72	1.49	68.70%	-15.70%	-15.05%
NGL	NGL ENERGY PARTNERS LP	$755.32M	-9.90%	-1.40%	7.01%	5.50%	5.33	1.23	14.10%	-1.10%	4.06%
BROG	BROOGE ENERGY LTD	$110.68M	N/A	N/A	N/A	N/A	2.56	0.11	N/A	N/A	N/A

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.