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	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
TEN	TSAKOS ENERGY NAVIGATION LTD	$684.23M	$23.19	$30.00	29.37%	Strong Buy	1	0.53%	6.53%	25.41%	12.23%
FRO	FRONTLINE PLC	$4.95B	$22.23	$31.00	39.45%	Strong Buy	2	-20.85%	-0.23%	31.12%	11.96%
LPG	DORIAN LPG LTD	$1.52B	$35.60	$50.00	40.45%	Strong Buy	1	-5.02%	-7.68%	24.59%	14.40%
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$62.57B	$28.83	$33.50	16.20%	Strong Buy	8	3.94%	4.17%	22.75%	8.65%
CMBT	EURONAV NV	$2.96B	$14.96	$18.00	20.32%	Hold	1	-28.30%	-52.40%	23.47%	7.72%
INSW	INTERNATIONAL SEAWAYS INC	$2.45B	$49.40	$68.00	37.65%	Strong Buy	3	-2.60%	-9.34%	20.85%	14.72%
TNK	TEEKAY TANKERS LTD	$1.85B	$53.99	$76.67	42.00%	Strong Buy	3	-24.00%	-3.72%	24.99%	22.53%
TRMD	TORM PLC	$3.10B	$33.12	$48.00	44.93%	Buy	1	-16.05%	-13.87%	23.67%	13.95%
DHT	DHT HOLDINGS INC	$1.66B	$10.31	$13.50	30.94%	Buy	2	-10.41%	16.88%	23.10%	16.11%
WES	WESTERN MIDSTREAM PARTNERS LP	$14.32B	$37.64	$38.00	0.96%	Buy	4	6.68%	0.35%	47.36%	12.77%
TRGP	TARGA RESOURCES CORP	$31.53B	$143.93	$142.77	-0.81%	Strong Buy	13	13.08%	23.60%	88.87%	10.31%
MPLX	MPLX LP	$43.45B	$42.57	$47.43	11.41%	Strong Buy	7	2.18%	4.45%	35.84%	12.55%
NVGS	NAVIGATOR HOLDINGS LTD	$1.12B	$15.50	$21.00	35.48%	Strong Buy	2	-6.50%	24.74%	12.67%	6.99%
STNG	SCORPIO TANKERS INC	$3.64B	$68.53	$89.50	30.60%	Strong Buy	4	-7.33%	-11.19%	17.00%	12.44%
OKE	ONEOK INC	$53.76B	$92.04	$92.30	0.28%	Buy	10	12.27%	10.98%	23.66%	8.88%
GLP	GLOBAL PARTNERS LP	$1.46B	$42.95	$51.00	18.74%	Strong Buy	1	19.91%	15.58%	17.97%	3.31%
LNG	CHENIERE ENERGY INC	$40.39B	$178.49	$195.00	9.25%	Strong Buy	6	9.78%	-14.66%	64.98%	6.86%
ET	ENERGY TRANSFER LP	$54.11B	$15.81	$20.60	30.30%	Strong Buy	5	8.89%	12.94%	15.59%	4.41%
KNTK	KINETIK HOLDINGS INC	$6.87B	$43.61	$43.67	0.13%	Buy	6	16.10%	-32.96%	-41.63%	7.32%
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$119.69M	$4.28	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PAGP	PLAINS GP HOLDINGS LP	$3.66B	$18.55	$20.00	7.82%	Buy	8	4.64%	48.54%	36.14%	1.88%
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.09B	$17.25	$20.33	17.87%	Buy	9	1.29%	8.91%	7.44%	2.78%
VNOM	VIPER ENERGY INC	$8.29B	$46.87	$49.20	4.97%	Strong Buy	5	3.02%	-15.61%	33.03%	9.23%
FLNG	FLEX LNG LTD	$1.36B	$25.26	$24.00	-4.99%	Hold	1	1.40%	2.89%	16.16%	5.04%
TK	TEEKAY CORP	$754.44M	$8.29	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TRP	TC ENERGY CORP	$48.83B	$47.07	N/A	N/A	N/A	N/A	3.25%	15.70%	16.06%	3.78%
ENB	ENBRIDGE INC	$88.82B	$40.79	N/A	N/A	N/A	N/A	-8.71%	7.86%	10.76%	3.59%
CQP	CHENIERE ENERGY PARTNERS LP	$23.63B	$48.81	$47.00	-3.71%	Strong Sell	3	3.15%	-6.71%	-252.27%	10.89%
MARPS	MARINE PETROLEUM TRUST	$8.08M	$4.04	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HESM	HESS MIDSTREAM LP	$7.82B	$35.42	$38.67	9.17%	Buy	3	10.75%	12.31%	N/A	N/A
DLNG	DYNAGAS LNG PARTNERS LP	$137.27M	$3.73	N/A	N/A	N/A	N/A	-3.20%	26.38%	9.75%	4.98%
DTM	DT MIDSTREAM INC	$7.25B	$74.69	$76.00	1.75%	Buy	6	5.16%	1.80%	11.01%	5.14%
PBA	PEMBINA PIPELINE CORP	$23.75B	$40.95	$57.00	39.19%	Buy	1	7.49%	2.07%	12.16%	5.89%
KMI	KINDER MORGAN INC	$46.88B	$21.12	$22.44	6.27%	Buy	9	1.94%	5.66%	9.02%	3.87%
ENLC	ENLINK MIDSTREAM LLC	$6.58B	$14.26	$15.43	8.20%	Buy	7	9.35%	51.97%	39.88%	4.49%
AM	ANTERO MIDSTREAM CORP	$6.82B	$14.18	$16.00	12.83%	Strong Sell	1	2.26%	13.13%	26.85%	9.89%
BANL	CBL INTERNATIONAL LTD	$18.38M	$0.74	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EE	EXCELERATE ENERGY INC	$1.98B	$18.52	$21.67	16.99%	Hold	3	13.41%	2.68%	22.53%	3.92%
WMB	WILLIAMS COMPANIES INC	$54.27B	$44.52	$43.60	-2.07%	Buy	10	7.14%	-1.00%	N/A	N/A
SMC	SUMMIT MIDSTREAM CORP	$405.50M	$38.08	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GLNG	GOLAR LNG LTD	$3.25B	$31.10	$48.30	55.31%	Strong Buy	5	26.15%	N/A	-3.79%	1.92%
MMLP	MARTIN MIDSTREAM PARTNERS LP	$138.45M	$3.55	N/A	N/A	N/A	N/A	1.28%	-18.75%	-10.78%	1.17%
GEL	GENESIS ENERGY LP	$1.57B	$12.82	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PBT	PERMIAN BASIN ROYALTY TRUST	$513.16M	$11.01	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BROG	BROOGE ENERGY LTD	$110.68M	$1.01	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NGL	NGL ENERGY PARTNERS LP	$552.58M	$4.17	N/A	N/A	N/A	N/A	-1.64%	N/A	49.21%	1.97%

Oil & Gas Midstream Stocks FAQ

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

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

1. Tsakos Energy Navigation (NYSE:TEN)

Tsakos Energy Navigation (NYSE:TEN) is the top oil & gas midstream stock with a Zen Score of 63, which is 27 points higher than the oil & gas midstream industry average of 36. It passed 23 out of 38 due diligence checks and has strong fundamentals. Tsakos Energy Navigation has seen its stock return 20.4% over the past year, underperforming other oil & gas midstream stocks by -6 percentage points.

Tsakos Energy Navigation has an average 1 year price target of $30.00, an upside of 29.37% from Tsakos Energy Navigation's current stock price of $23.19.

Tsakos Energy Navigation stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Tsakos Energy Navigation, 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. Frontline (NYSE:FRO)

Frontline (NYSE:FRO) is the second best 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 23 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 33.03% over the past year, overperforming other oil & gas midstream stocks by 6 percentage points.

Frontline has an average 1 year price target of $31.00, an upside of 39.45% from Frontline's current stock price of $22.23.

Frontline stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Frontline, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Dorian Lpg (NYSE:LPG)

Dorian Lpg (NYSE:LPG) 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 22 out of 38 due diligence checks and has strong fundamentals. Dorian Lpg has seen its stock return 26.78% over the past year.

Dorian Lpg has an average 1 year price target of $50.00, an upside of 40.45% from Dorian Lpg's current stock price of $35.60.

Dorian Lpg stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Dorian Lpg, 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 33 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 18.48%, which is 12 percentage points higher than the oil & gas midstream industry average of 6.18%. 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 75% 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 12.37%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.18%. 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 140.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) has an annual dividend yield of 11.62%, which is 5 percentage points higher than the oil & gas midstream industry average of 6.18%. International Seaways's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. International Seaways's dividend has shown consistent growth over the last 10 years.

International Seaways's dividend payout ratio of 54.3% indicates that its high dividend yield is sustainable for the long-term.

Why are oil & gas midstream stocks up?

Oil & gas midstream stocks were up 0.03% in the last day, and down -1.2% 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 71, which is 38 points higher than the oil & gas midstream industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 17.35% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -10 percentage points.

2. Tsakos Energy Navigation (NYSE:TEN)

Tsakos Energy Navigation (NYSE:TEN) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Tsakos Energy Navigation has a valuation score of 71, which is 38 points higher than the oil & gas midstream industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 20.4% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -6 percentage points.

3. Dynagas Lng Partners (NYSE:DLNG)

Dynagas Lng Partners (NYSE:DLNG) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Dynagas Lng Partners has a valuation score of 71, which is 38 points higher than the oil & gas midstream industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Dynagas Lng Partners's stock has gained 41.56% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 15 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 14.63% 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 15.97x.

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.