WallStreetZenWallStreetZen

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
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$16.35$19.1417.06%Hold4-25.09%-91.60%N/AN/A
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$100.17M$3.36N/AN/AN/AN/AN/AN/AN/AN/A
TRMD
TORM PLC
$2.82B$32.73$44.0034.43%Buy1N/AN/AN/AN/A
TNK
TEEKAY TANKERS LTD
$1.93B$56.53$71.6726.78%Strong Buy3-42.30%-60.70%N/AN/A
INSW
INTERNATIONAL SEAWAYS INC
$2.59B$53.03$65.0022.57%Strong Buy2-10.96%-54.80%N/AN/A
CQP
CHENIERE ENERGY PARTNERS LP
$23.88B$49.33$49.00-0.67%Strong Sell25.36%N/AN/AN/A
LPG
DORIAN LPG LTD
$1.62B$39.80$47.0018.09%Buy2-14.81%-86.13%4.33%2.34%
OKE
ONEOK INC
$46.44B$79.63$82.503.60%Buy1227.31%-21.92%14.58%5.43%
NVGS
NAVIGATOR HOLDINGS LTD
$1.10B$14.97$20.0033.60%Strong Buy1-5.36%33.22%N/AN/A
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$62.53B$28.84$33.1314.86%Strong Buy810.10%5.42%21.86%8.52%
DHT
DHT HOLDINGS INC
$1.81B$11.26$15.5037.66%Strong Buy2-22.81%12.12%18.34%12.62%
TNP
TSAKOS ENERGY NAVIGATION LTD
$729.38M$24.72$30.0021.36%Strong Buy10.53%N/AN/AN/A
STNG
SCORPIO TANKERS INC
$3.69B$69.53$89.0028.00%Strong Buy3-6.40%N/AN/AN/A
FLNG
FLEX LNG LTD
$1.39B$25.79N/AN/AN/AN/A0.26%42.41%N/AN/A
LNG
CHENIERE ENERGY INC
$38.01B$161.97$183.6713.40%Strong Buy35.36%N/AN/AN/A
TRP
TC ENERGY CORP
$37.04B$35.70$43.5021.85%Sell21.87%55.46%N/AN/A
WES
WESTERN MIDSTREAM PARTNERS LP
$13.46B$35.38$31.25-11.67%Hold415.47%44.44%N/AN/A
GLP
GLOBAL PARTNERS LP
$1.57B$46.10$44.00-4.56%Strong Buy141.31%N/AN/AN/A
TK
TEEKAY CORP
$660.70M$7.26N/AN/AN/AN/AN/AN/AN/AN/A
MPLX
MPLX LP
$41.12B$40.68$45.8012.59%Strong Buy53.04%-12.34%N/AN/A
KNTK
KINETIK HOLDINGS INC
$5.89B$38.94$39.331.01%Buy326.56%-38.10%N/AN/A
WMB
WILLIAMS COMPANIES INC
$46.86B$38.51$40.404.91%Buy56.00%N/AN/AN/A
TRGP
TARGA RESOURCES CORP
$25.20B$112.92$118.735.14%Strong Buy116.59%57.55%N/AN/A
VNOM
VIPER ENERGY INC
$6.90B$39.04$42.609.12%Strong Buy55.58%-28.12%N/AN/A
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.58B$17.94$20.0711.88%Buy74.05%6.69%N/AN/A
ET
ENERGY TRANSFER LP
$53.11B$15.77$19.6724.71%Strong Buy319.91%15.45%N/AN/A
ENB
ENBRIDGE INC
$74.10B$34.86N/AN/AN/AN/A6.48%9.27%N/AN/A
MARPS
MARINE PETROLEUM TRUST
$8.52M$4.26N/AN/AN/AN/AN/AN/AN/AN/A
PBA
PEMBINA PIPELINE CORP
$19.16B$34.88$57.0063.42%Buy12.41%7.76%N/AN/A
NS
NUSTAR ENERGY LP
$2.80B$22.11$21.00-5.02%Sell3-3.94%49.07%N/AN/A
OSG
OVERSEAS SHIPHOLDING GROUP INC
$424.30M$5.98N/AN/AN/AN/AN/AN/AN/AN/A
PAGP
PLAINS GP HOLDINGS LP
$3.70B$18.76$20.076.99%Buy711.44%-66.34%N/AN/A
BANL
CBL INTERNATIONAL LTD
$26.50M$1.06N/AN/AN/AN/AN/AN/AN/AN/A
DLNG
DYNAGAS LNG PARTNERS LP
$120.71M$3.28N/AN/AN/AN/A-2.98%27.92%N/AN/A
ETRN
EQUITRANS MIDSTREAM CORP
$5.40B$12.45$12.00-3.61%Buy47.83%-8.20%N/AN/A
ENLC
ENLINK MIDSTREAM LLC
$6.16B$13.59$15.0010.38%Strong Buy48.70%53.33%N/AN/A
HESM
HESS MIDSTREAM LP
$8.00B$35.33$38.007.56%Buy211.85%16.19%N/AN/A
KMI
KINDER MORGAN INC
$41.81B$18.84$20.006.16%Hold17.07%7.09%N/AN/A
FRO
FRONTLINE PLC
$5.14B$23.10$26.1012.99%Strong Buy3N/AN/AN/AN/A
DTM
DT MIDSTREAM INC
$6.13B$63.23$58.75-7.09%Buy47.32%6.55%N/AN/A
GEL
GENESIS ENERGY LP
$1.45B$11.80$15.0027.12%Buy1N/AN/AN/AN/A
AM
ANTERO MIDSTREAM CORP
$6.68B$13.92N/AN/AN/AN/A3.50%15.66%N/AN/A
PBT
PERMIAN BASIN ROYALTY TRUST
$566.30M$12.15N/AN/AN/AN/AN/AN/AN/AN/A
BROG
BROOGE ENERGY LTD
$122.74M$1.12N/AN/AN/AN/AN/AN/AN/AN/A
MMLP
MARTIN MIDSTREAM PARTNERS LP
$105.69M$2.71N/AN/AN/AN/A-3.83%N/AN/AN/A
GLNG
GOLAR LNG LTD
$2.63B$25.17N/AN/AN/AN/A4.56%N/AN/AN/A
NGL
NGL ENERGY PARTNERS LP
$761.95M$5.75N/AN/AN/AN/A-2.75%N/AN/AN/A
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$289.14M$27.76N/AN/AN/AN/AN/AN/A-6.25%-1.80%

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 -7.47% 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 17.06% from Euronav Nv's current stock price of $16.35.

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 -6.41% over the past year, underperforming other oil & gas midstream stocks by -23 percentage points.

Torm has an average 1 year price target of $44.00, an upside of 34.43% from Torm's current stock price of $32.73.

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 14.75% over the past year, underperforming other oil & gas midstream stocks by -2 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 17.66%, which is 12 percentage points higher than the oil & gas midstream industry average of 6.02%. 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 12.97%, which is 7 percentage points higher than the oil & gas midstream industry average of 6.02%. 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 12.12%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.02%. 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 1.43% in the last day, and up 0.18% over the last week. Kinder Morgan was the among the top gainers in the oil & gas midstream industry, gaining 3.46% yesterday.

Kinder Morgan shares are trading higher. The company onWednesday reported Q1 earnings and increased its quarterly dividend.

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 31 points higher than the oil & gas midstream industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 14.75% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -2 percentage points.

2. Tsakos Energy Navigation (NYSE:TNP)


Tsakos Energy Navigation (NYSE:TNP) 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 31 points higher than the oil & gas midstream industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 30.24% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 13 percentage points.

3. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Torm 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.

Torm's stock has dropped -6.41% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -23 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 12.49% 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 13.84x.
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.