Sectors & Industries EnergyOil & Gas Midstream
Best Oil & Gas Midstream Stocks to Buy Now (2023)
Top oil & gas midstream stocks in 2023 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	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
GLP	GLOBAL PARTNERS LP	$996.07M	$29.30	$35.00	19.45%	Strong Buy	1	N/A	N/A	12.55%	3.13%
TRMD	TORM PLC	$2.84B	$34.47	$16.00	-53.58%	Buy	1	N/A	N/A	12.94%	7.43%
WES	WESTERN MIDSTREAM PARTNERS LP	$9.57B	$24.87	$33.00	32.69%	Strong Buy	9	10.84%	13.62%	48.83%	12.87%
TRGP	TARGA RESOURCES CORP	$15.15B	$66.85	$96.56	44.44%	Strong Buy	9	12.19%	35.67%	N/A	N/A
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$54.21B	$24.97	$30.90	23.75%	Strong Buy	11	-6.36%	3.09%	22.75%	8.89%
PAA	PLAINS ALL AMERICAN PIPELINE LP	$8.07B	$11.55	$15.17	31.32%	Buy	16	27.85%	8.40%	10.42%	3.76%
MPLX	MPLX LP	$33.64B	$33.60	$38.88	15.70%	Strong Buy	8	-8.35%	-5.34%	N/A	N/A
OKE	ONEOK INC	$26.23B	$58.64	$71.73	22.32%	Buy	11	-5.56%	5.17%	28.37%	7.56%
PBA	PEMBINA PIPELINE CORP	$16.79B	$30.51	$40.53	32.83%	Buy	10	-14.57%	-19.00%	12.19%	6.09%
HEP	HOLLY ENERGY PARTNERS LP	$2.15B	$17.02	$21.00	23.38%	Buy	2	1.59%	14.12%	28.77%	8.97%
MMP	MAGELLAN MIDSTREAM PARTNERS LP	$10.35B	$50.89	$56.46	10.94%	Buy	11	-4.67%	-1.42%	N/A	N/A
VNOM	VIPER ENERGY PARTNERS LP	$4.40B	$26.92	$36.86	36.91%	Strong Buy	7	-3.52%	-7.50%	48.26%	11.41%
EURN	EURONAV NV	$3.88B	$17.65	$17.40	-1.42%	Buy	6	40.52%	71.29%	21.67%	11.86%
KNTK	KINETIK HOLDINGS INC	$4.31B	$30.13	$43.57	44.61%	Buy	7	18.82%	95.27%	-55.36%	7.85%
CQP	CHENIERE ENERGY PARTNERS LP	$21.21B	$43.81	$52.20	19.15%	Sell	5	-17.93%	-2.95%	N/A	N/A
FLNG	FLEX LNG LTD	$1.76B	$32.85	$36.00	9.59%	Hold	1	5.36%	-11.90%	18.88%	6.39%
ET	ENERGY TRANSFER LP	$36.14B	$11.68	$16.57	41.88%	Strong Buy	7	13.76%	-5.00%	11.90%	3.72%
GPP	GREEN PLAINS PARTNERS LP	$290.59M	$12.50	$15.00	20.00%	Hold	1	N/A	N/A	N/A	N/A
DHT	DHT HOLDINGS INC	$1.77B	$10.90	$10.25	-5.96%	Strong Buy	2	-8.47%	70.28%	17.81%	12.62%
TRP	TC ENERGY CORP	$38.09B	$37.42	$66.00	76.38%	Hold	2	4.16%	604.78%	13.86%	4.12%
TNK	TEEKAY TANKERS LTD	$1.46B	$43.32	$51.00	17.73%	Strong Buy	1	-52.47%	-59.50%	18.66%	11.20%
DCP	DCP MIDSTREAM LP	$8.69B	$41.67	$40.80	-2.09%	Buy	6	1.71%	-1.06%	16.41%	7.40%
STNG	SCORPIO TANKERS INC	$3.09B	$55.42	$58.89	6.26%	Strong Buy	9	-33.49%	-55.35%	10.18%	5.59%
TGS	GAS TRANSPORTER OF THE SOUTH INC	$1.36B	$9.01	$5.00	-44.51%	Strong Sell	1	4.73%	N/A	18.50%	10.72%
NS	NUSTAR ENERGY LP	$1.63B	$14.66	$18.10	23.47%	Hold	5	9.84%	238.89%	14.26%	2.59%
ENLC	ENLINK MIDSTREAM LLC	$4.73B	$10.06	$13.64	35.62%	Buy	7	-8.34%	-22.37%	24.86%	3.75%
ENB	ENBRIDGE INC	$73.81B	$36.45	$47.86	31.30%	Buy	11	9.96%	59.88%	11.38%	3.79%
NVGS	NAVIGATOR HOLDINGS LTD	$1.03B	$13.46	$16.67	23.83%	Strong Buy	3	-16.03%	27.54%	10.17%	5.64%
KMI	KINDER MORGAN INC	$36.84B	$16.39	$20.00	22.03%	Hold	9	-5.00%	7.14%	8.56%	3.75%
PAGP	PLAINS GP HOLDINGS LP	$2.36B	$12.16	$15.31	25.89%	Strong Buy	13	25.33%	4.65%	4.34%	0.23%
LPG	DORIAN LPG LTD	$833.64M	$20.66	$22.00	6.49%	Buy	2	-12.55%	-48.52%	5.06%	2.77%
SGU	STAR GROUP LP	$439.95M	$12.33	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AM	ANTERO MIDSTREAM CORP	$4.69B	$9.79	$12.00	22.57%	Sell	3	6.03%	20.59%	19.65%	7.44%
DKL	DELEK LOGISTICS PARTNERS LP	$2.15B	$49.30	$48.00	-2.64%	Hold	1	N/A	N/A	-262.91%	17.33%
FRO	FRONTLINE PLC	$3.40B	$16.72	$17.00	1.67%	Buy	3	N/A	N/A	18.46%	8.07%
TK	TEEKAY CORP	$648.93M	$6.37	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GLOP	GASLOG PARTNERS LP	$434.05M	$8.20	$5.50	-32.93%	Hold	1	-15.54%	-18.64%	4.30%	2.05%
WMB	WILLIAMS COMPANIES INC	$34.49B	$28.30	$37.00	30.74%	Buy	10	-6.33%	-2.38%	17.61%	4.18%
DTM	DT MIDSTREAM INC	$9.24B	$46.95	$60.86	29.62%	Buy	8	9.72%	2.87%	20.78%	9.43%
HESM	HESS MIDSTREAM LP	$1.18B	$26.77	$34.33	28.25%	Buy	3	3.33%	12.18%	N/A	N/A
GLNG	GOLAR LNG LTD	$2.22B	$20.47	$31.88	55.72%	Strong Buy	4	-39.54%	-61.78%	-13.51%	4.72%
LNG	CHENIERE ENERGY INC	$35.74B	$146.65	$202.36	37.99%	Strong Buy	11	-19.78%	0.35%	N/A	N/A
DLNG	DYNAGAS LNG PARTNERS LP	$104.89M	$2.85	$4.00	40.35%	Strong Buy	1	1.35%	-26.96%	7.55%	3.38%
GEL	GENESIS ENERGY LP	$1.27B	$10.37	$16.50	59.11%	Buy	2	N/A	N/A	N/A	N/A
CEQP	CRESTWOOD EQUITY PARTNERS LP	$2.39B	$22.71	$30.33	33.57%	Buy	6	-2.05%	N/A	17.45%	3.91%
FIP	FTAI INFRASTRUCTURE INC	$247.62M	$2.49	$7.00	181.12%	Strong Buy	1	N/A	N/A	N/A	N/A
ETRN	EQUITRANS MIDSTREAM CORP	$2.26B	$5.21	$7.50	43.95%	Sell	8	13.01%	N/A	38.64%	3.40%
OSG	OVERSEAS SHIPHOLDING GROUP INC	$293.31M	$3.73	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MMLP	MARTIN MIDSTREAM PARTNERS LP	$99.62M	$2.56	$6.00	134.38%	Hold	1	N/A	N/A	-3.27%	0.32%
TNP	TSAKOS ENERGY NAVIGATION LTD	$467.98M	$19.05	$30.00	57.48%	Strong Buy	1	10.69%	N/A	8.47%	3.63%
SNMP	EVOLVE TRANSITION INFRASTRUCTURE LP	$38.58M	$0.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$159.05M	$15.62	$21.00	34.44%	Sell	2	N/A	N/A	-5.74%	-1.71%
CLCO	COOL CO LTD	N/A	$12.39	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
USEA	UNITED MARITIME CORP	$25.78M	$2.91	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Mar 2023?

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

1. Global Partners (NYSE:GLP)

Global Partners (NYSE:GLP) is the top oil & gas midstream stock with a Zen Score of 65, which is 31 points higher than the oil & gas midstream industry average of 34. It passed 24 out of 38 due diligence checks and has strong fundamentals. Global Partners has seen its stock return 5.24% over the past year, underperforming other oil & gas midstream stocks by -1 percentage points.

Global Partners has an average 1 year price target of $35.00, an upside of 19.45% from Global Partners's current stock price of $29.30.

Global Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Global Partners, 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.

2. Torm (NASDAQ:TRMD)

Torm (NASDAQ:TRMD) is the second best oil & gas midstream stock with a Zen Score of 62, which is 28 points higher than the oil & gas midstream industry average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock return 295.3% over the past year, overperforming other oil & gas midstream stocks by 289 percentage points.

Torm has an average 1 year price target of $16.00, a downside of -53.58% from Torm's current stock price of $34.47.

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. Western Midstream Partners (NYSE:WES)

Western Midstream Partners (NYSE:WES) is the third best oil & gas midstream stock with a Zen Score of 57, which is 23 points higher than the oil & gas midstream industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Western Midstream Partners has seen its stock return 0.4% over the past year, underperforming other oil & gas midstream stocks by -6 percentage points.

Western Midstream Partners has an average 1 year price target of $33.00, an upside of 32.69% from Western Midstream Partners's current stock price of $24.87.

Western Midstream Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Western Midstream Partners, 77.78% have issued a Strong Buy rating, 0% have issued a Buy, 22.22% 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 37 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. Dorian Lpg (NYSE:LPG)

Dorian Lpg (NYSE:LPG) has an annual dividend yield of 26.62%, which is 20 percentage points higher than the oil & gas midstream industry average of 7.11%.

Dorian Lpg's dividend payout ratio of 136.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Green Plains Partners (NASDAQ:GPP)

Green Plains Partners (NASDAQ:GPP) has an annual dividend yield of 14.44%, which is 7 percentage points higher than the oil & gas midstream industry average of 7.11%. Green Plains Partners's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Green Plains Partners's dividend has shown consistent growth over the last 10 years.

Green Plains Partners's dividend payout ratio of 104.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kinetik Holdings (NYSE:KNTK)

Kinetik Holdings (NYSE:KNTK) has an annual dividend yield of 12.45%, which is 5 percentage points higher than the oil & gas midstream industry average of 7.11%.

Kinetik Holdings's dividend payout ratio of 202.7% 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 -1.54% in the last day, and down -0.91% over the last week. Oneok was the among the top losers in the oil & gas midstream industry, dropping -2.62% yesterday.

Shares of energy companies are trading lower after US Energy Secretary Granholm said it would be difficult to refill the Strategic Petroleum Reserve this year, which may be leading to concerns of oversupply.

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. Torm (NASDAQ:TRMD)

Torm (NASDAQ:TRMD) is the most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Torm has a valuation score of 86, which is 49 points higher than the oil & gas midstream industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Torm's stock has gained 295.3% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 289 percentage points.

2. Plains All American Pipeline (NASDAQ:PAA)

Plains All American Pipeline (NASDAQ:PAA) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Plains All American Pipeline has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 6.55% in the past year. It has performed in line with other stocks in the oil & gas midstream industry.

3. Global Partners (NYSE:GLP)

Global Partners (NYSE:GLP) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Global Partners has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Global Partners's stock has gained 5.24% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -1 percentage points.

Are oil & gas midstream stocks a good buy now?

37.5% of oil & gas midstream stocks rated by analysts are a buy right now. On average, analysts expect oil & gas midstream stocks to rise by 24.04% 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 20.44x.

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.