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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
$3.21B$16.50$19.1416.00%Hold4-25.09%-91.60%N/AN/A
TNK
TEEKAY TANKERS LTD
$1.95B$57.29$71.6725.10%Strong Buy3-42.30%-60.70%N/AN/A
TRMD
TORM PLC
$2.85B$33.06$44.0033.09%Buy1N/AN/AN/AN/A
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$97.49M$3.27N/AN/AN/AN/AN/AN/AN/AN/A
INSW
INTERNATIONAL SEAWAYS INC
$2.58B$52.71$66.0025.21%Strong Buy1-10.96%-54.80%N/AN/A
BANL
CBL INTERNATIONAL LTD
$25.20M$1.01N/AN/AN/AN/AN/AN/AN/AN/A
LPG
DORIAN LPG LTD
$1.64B$40.29$47.0016.65%Buy2-14.81%-86.13%4.33%2.34%
CQP
CHENIERE ENERGY PARTNERS LP
$22.58B$46.65$53.0013.61%Strong Sell15.36%N/AN/AN/A
OKE
ONEOK INC
$45.30B$77.68$82.506.20%Buy1227.31%-21.92%14.58%5.43%
DHT
DHT HOLDINGS INC
$1.82B$11.28$14.0024.11%Strong Buy3-22.81%12.12%18.34%12.62%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$61.56B$28.39$33.1316.68%Strong Buy810.10%5.42%21.86%8.52%
NVGS
NAVIGATOR HOLDINGS LTD
$1.11B$15.10$20.0032.45%Strong Buy1-5.36%33.22%N/AN/A
STNG
SCORPIO TANKERS INC
$3.76B$70.78$89.0025.74%Strong Buy3-6.40%N/AN/AN/A
FLNG
FLEX LNG LTD
$1.37B$25.51N/AN/AN/AN/A0.26%42.41%N/AN/A
LNG
CHENIERE ENERGY INC
$36.80B$156.81$183.6717.13%Strong Buy35.36%N/AN/AN/A
TRP
TC ENERGY CORP
$36.42B$35.10$43.5023.93%Sell21.87%55.46%N/AN/A
WES
WESTERN MIDSTREAM PARTNERS LP
$13.10B$34.43$31.25-9.24%Hold415.47%44.44%N/AN/A
GLP
GLOBAL PARTNERS LP
$1.54B$45.41$44.00-3.11%Strong Buy141.31%N/AN/AN/A
TK
TEEKAY CORP
$653.42M$7.18N/AN/AN/AN/AN/AN/AN/AN/A
MPLX
MPLX LP
$40.42B$39.99$45.8014.53%Strong Buy53.04%-12.34%N/AN/A
WMB
WILLIAMS COMPANIES INC
$45.85B$37.68$41.008.81%Buy56.00%N/AN/AN/A
KNTK
KINETIK HOLDINGS INC
$5.82B$38.52$39.332.11%Buy326.56%-38.10%N/AN/A
TNP
TSAKOS ENERGY NAVIGATION LTD
$746.20M$25.29$30.0018.62%Strong Buy12.22%-35.04%N/AN/A
VNOM
VIPER ENERGY INC
$6.88B$38.92$41.205.86%Strong Buy54.97%-28.12%N/AN/A
TRGP
TARGA RESOURCES CORP
$25.04B$112.23$118.735.79%Strong Buy116.59%57.55%N/AN/A
ET
ENERGY TRANSFER LP
$51.29B$15.23$20.0031.32%Strong Buy219.91%15.45%N/AN/A
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.17B$17.36$20.0715.62%Buy74.05%6.69%N/AN/A
ENB
ENBRIDGE INC
$70.85B$33.33$48.0044.01%Hold16.48%9.27%N/AN/A
MARPS
MARINE PETROLEUM TRUST
$8.82M$4.41N/AN/AN/AN/AN/AN/AN/AN/A
PBA
PEMBINA PIPELINE CORP
$18.76B$34.14N/AN/AN/AN/A2.39%7.76%N/AN/A
NS
NUSTAR ENERGY LP
$2.72B$21.48$21.00-2.23%Sell3-3.94%49.07%N/AN/A
OSG
OVERSEAS SHIPHOLDING GROUP INC
$422.17M$5.95N/AN/AN/AN/AN/AN/AN/AN/A
PAGP
PLAINS GP HOLDINGS LP
$3.60B$18.27$20.079.86%Buy711.44%-66.34%N/AN/A
KMI
KINDER MORGAN INC
$39.42B$17.76$20.0012.61%Hold16.91%9.89%N/AN/A
DLNG
DYNAGAS LNG PARTNERS LP
$115.19M$3.13N/AN/AN/AN/A-2.98%27.92%N/AN/A
ETRN
EQUITRANS MIDSTREAM CORP
$5.32B$12.27$12.00-2.20%Buy47.83%-8.20%N/AN/A
ENLC
ENLINK MIDSTREAM LLC
$6.09B$13.43$15.0011.69%Strong Buy48.70%53.33%N/AN/A
HESM
HESS MIDSTREAM LP
$7.86B$34.74$38.009.38%Buy311.85%16.19%N/AN/A
DTM
DT MIDSTREAM INC
$6.06B$62.51$58.40-6.57%Buy57.32%6.55%N/AN/A
GEL
GENESIS ENERGY LP
$1.44B$11.77$15.0027.44%Buy1N/AN/AN/AN/A
FRO
FRONTLINE PLC
$5.35B$24.04$26.108.57%Strong Buy3N/AN/AN/AN/A
AM
ANTERO MIDSTREAM CORP
$6.55B$13.65N/AN/AN/AN/A4.36%15.66%N/AN/A
PBT
PERMIAN BASIN ROYALTY TRUST
$537.87M$11.54N/AN/AN/AN/AN/AN/AN/AN/A
BROG
BROOGE ENERGY LTD
$123.83M$1.13N/AN/AN/AN/AN/AN/AN/AN/A
MMLP
MARTIN MIDSTREAM PARTNERS LP
$106.86M$2.74N/AN/AN/AN/A-5.05%N/AN/AN/A
GLNG
GOLAR LNG LTD
$2.59B$24.77N/AN/AN/AN/A4.56%N/AN/AN/A
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$294.03M$28.23N/AN/AN/AN/AN/AN/A-6.25%-1.80%
NGL
NGL ENERGY PARTNERS LP
$757.97M$5.72N/AN/AN/AN/A-2.75%N/AN/AN/A
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 -9.24% over the past year, underperforming other oil & gas midstream stocks by -23 percentage points.

Euronav Nv has an average 1 year price target of $19.14, an upside of 16% from Euronav Nv's current stock price of $16.50.

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. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) 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 18 out of 33 due diligence checks and has strong fundamentals. Imperial Petroleum /Marshall Islands has seen its stock return 12.45% over the past year, underperforming other oil & gas midstream stocks by -2 percentage points.

3. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) 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 21 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock lose -6.37% over the past year, underperforming other oil & gas midstream stocks by -20 percentage points.

Torm has an average 1 year price target of $44.00, an upside of 33.09% from Torm's current stock price of $33.06.

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.

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 17.48%, which is 11 percentage points higher than the oil & gas midstream industry average of 6.08%. 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 12.85%, which is 7 percentage points higher than the oil & gas midstream industry average of 6.08%. Euronav Nv's dividend payout is not stable, having dropped more than 10% seven 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 12.25%, which is 6 percentage points higher than the oil & gas midstream industry average of 6.08%. 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 0.28% in the last day, and down -1.42% 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. Cbl International (NASDAQ:BANL)


Cbl International (NASDAQ:BANL) is the most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Cbl International has a valuation score of 100, which is 60 points higher than the oil & gas midstream industry average of 40. It passed 7 out of 7 valuation due diligence checks.

Cbl International's stock has dropped -94.4% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -108 percentage points.

2. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the second 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 12.45% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -2 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 -6.37% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -20 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 13.52% 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 13.5x.
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