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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
OverviewZen ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
EURN
EURONAV NV
$3.18B$16.37$19.1416.92%Hold4-25.09%-91.60%N/AN/A
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$95.40M$3.20N/AN/AN/AN/AN/AN/AN/AN/A
TRMD
TORM PLC
$2.77B$32.17$44.0036.77%Buy1N/AN/AN/AN/A
TNK
TEEKAY TANKERS LTD
$1.89B$55.52$71.6729.08%Strong Buy3-42.30%-60.70%N/AN/A
INSW
INTERNATIONAL SEAWAYS INC
$2.53B$51.61$66.0027.88%Strong Buy1-10.96%-54.80%N/AN/A
CQP
CHENIERE ENERGY PARTNERS LP
$23.59B$48.74$49.000.53%Strong Sell25.36%N/AN/AN/A
LPG
DORIAN LPG LTD
$1.60B$39.46$47.0019.11%Buy2-14.81%-86.13%4.33%2.34%
OKE
ONEOK INC
$45.42B$77.88$82.505.93%Buy1227.31%-21.92%14.58%5.43%
NVGS
NAVIGATOR HOLDINGS LTD
$1.09B$14.83$20.0034.86%Strong Buy1-5.36%33.22%N/AN/A
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$61.66B$28.44$33.1316.47%Strong Buy810.10%5.42%21.86%8.52%
DHT
DHT HOLDINGS INC
$1.78B$11.06$14.0026.58%Strong Buy3-22.81%12.12%18.34%12.62%
STNG
SCORPIO TANKERS INC
$3.64B$68.46$89.0030.00%Strong Buy3-6.40%N/AN/AN/A
FLNG
FLEX LNG LTD
$1.36B$25.38N/AN/AN/AN/A0.26%42.41%N/AN/A
LNG
CHENIERE ENERGY INC
$37.65B$160.43$183.6714.48%Strong Buy35.36%N/AN/AN/A
TRP
TC ENERGY CORP
$36.61B$35.29$43.5023.26%Sell21.87%55.46%N/AN/A
WES
WESTERN MIDSTREAM PARTNERS LP
$13.18B$34.65$31.25-9.81%Hold415.47%44.44%N/AN/A
GLP
GLOBAL PARTNERS LP
$1.55B$45.53$44.00-3.36%Strong Buy141.31%N/AN/AN/A
TK
TEEKAY CORP
$642.50M$7.06N/AN/AN/AN/AN/AN/AN/AN/A
MPLX
MPLX LP
$40.64B$40.21$45.8013.90%Strong Buy53.04%-12.34%N/AN/A
WMB
WILLIAMS COMPANIES INC
$45.73B$37.58$40.407.50%Buy56.00%N/AN/AN/A
KNTK
KINETIK HOLDINGS INC
$5.84B$38.63$39.331.82%Buy326.56%-38.10%N/AN/A
TNP
TSAKOS ENERGY NAVIGATION LTD
$723.77M$24.53$30.0022.30%Strong Buy12.22%-35.04%N/AN/A
TRGP
TARGA RESOURCES CORP
$24.94B$111.78$118.736.21%Strong Buy116.59%57.55%N/AN/A
VNOM
VIPER ENERGY INC
$6.88B$38.92$41.205.86%Strong Buy55.37%-28.12%N/AN/A
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.40B$17.69$20.0713.46%Buy74.05%6.69%N/AN/A
ET
ENERGY TRANSFER LP
$52.30B$15.53$19.6726.64%Strong Buy319.91%15.45%N/AN/A
ENB
ENBRIDGE INC
$72.06B$33.90N/AN/AN/AN/A6.48%9.27%N/AN/A
MARPS
MARINE PETROLEUM TRUST
$8.20M$4.10N/AN/AN/AN/AN/AN/AN/AN/A
PBA
PEMBINA PIPELINE CORP
$18.84B$34.29N/AN/AN/AN/A2.41%7.76%N/AN/A
NS
NUSTAR ENERGY LP
$2.74B$21.65$21.00-3.00%Sell3-3.94%49.07%N/AN/A
OSG
OVERSEAS SHIPHOLDING GROUP INC
$420.75M$5.93N/AN/AN/AN/AN/AN/AN/AN/A
KMI
KINDER MORGAN INC
$40.41B$18.21$20.009.83%Hold16.91%9.89%N/AN/A
PAGP
PLAINS GP HOLDINGS LP
$3.64B$18.47$20.078.67%Buy711.44%-66.34%N/AN/A
DLNG
DYNAGAS LNG PARTNERS LP
$116.30M$3.16N/AN/AN/AN/A-2.98%27.92%N/AN/A
BANL
CBL INTERNATIONAL LTD
$27.50M$1.10N/AN/AN/AN/AN/AN/AN/AN/A
ETRN
EQUITRANS MIDSTREAM CORP
$5.31B$12.25$12.00-2.04%Buy47.83%-8.20%N/AN/A
ENLC
ENLINK MIDSTREAM LLC
$6.11B$13.48$15.0011.28%Strong Buy48.70%53.33%N/AN/A
HESM
HESS MIDSTREAM LP
$7.89B$34.85$38.009.04%Buy311.85%16.19%N/AN/A
DTM
DT MIDSTREAM INC
$6.09B$62.79$58.40-6.99%Buy57.32%6.55%N/AN/A
FRO
FRONTLINE PLC
$5.09B$22.87$26.1014.12%Strong Buy3N/AN/AN/AN/A
GEL
GENESIS ENERGY LP
$1.45B$11.80$15.0027.12%Buy1N/AN/AN/AN/A
AM
ANTERO MIDSTREAM CORP
$6.63B$13.82N/AN/AN/AN/A4.23%15.66%N/AN/A
PBT
PERMIAN BASIN ROYALTY TRUST
$539.73M$11.58N/AN/AN/AN/AN/AN/AN/AN/A
BROG
BROOGE ENERGY LTD
$121.64M$1.11N/AN/AN/AN/AN/AN/AN/AN/A
MMLP
MARTIN MIDSTREAM PARTNERS LP
$103.74M$2.66N/AN/AN/AN/A-3.83%N/AN/AN/A
GLNG
GOLAR LNG LTD
$2.58B$24.69N/AN/AN/AN/A4.56%N/AN/AN/A
NGL
NGL ENERGY PARTNERS LP
$755.32M$5.70N/AN/AN/AN/A-2.75%N/AN/AN/A
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$289.66M$27.81N/AN/AN/AN/AN/AN/A-6.25%-1.80%
1

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 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 lose -10.5% over the past year, underperforming other oil & gas midstream stocks by -24 percentage points.

Euronav Nv has an average 1 year price target of $19.14, an upside of 16.92% from Euronav Nv's current stock price of $16.37.

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 20 points higher than the oil & gas midstream industry average of 37. It passed 21 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock lose -10.11% over the past year, underperforming other oil & gas midstream stocks by -24 percentage points.

Torm has an average 1 year price target of $44.00, an upside of 36.77% from Torm's current stock price of $32.17.

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 20 points higher than the oil & gas midstream industry average of 37. It passed 18 out of 33 due diligence checks and has strong fundamentals. Imperial Petroleum /Marshall Islands has seen its stock return 4.75% over the past year, underperforming other oil & gas midstream stocks by -9 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 17.97%, which is 12 percentage points higher than the oil & gas midstream industry average of 6.12%. 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 12.96%, which is 7 percentage points higher than the oil & gas midstream industry average of 6.12%. 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 12.31%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.12%. 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 down?

Oil & gas midstream stocks were down -0.1% in the last day, and down -2.38% over the last week.

We couldn't find a catalyst for why oil & gas midstream stocks are down.

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. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the 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 4.75% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -9 percentage points.

2. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the second 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 -10.11% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -24 percentage points.

3. Overseas Shipholding Group (NYSE:OSG)


Overseas Shipholding Group (NYSE:OSG) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Overseas Shipholding Group 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.

Overseas Shipholding Group's stock has gained 54.43% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 40 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 12.44% 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 13.61x.
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