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
EURN	EURONAV NV	$3.18B	$16.35	$19.14	17.06%	Hold	4	-25.09%	-91.60%	N/A	N/A
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	$100.17M	$3.36	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TNK	TEEKAY TANKERS LTD	$1.93B	$56.53	$71.67	26.78%	Strong Buy	3	-42.30%	-60.70%	N/A	N/A
TRMD	TORM PLC	$2.82B	$32.73	$44.00	34.43%	Buy	1	N/A	N/A	N/A	N/A
INSW	INTERNATIONAL SEAWAYS INC	$2.59B	$53.03	$65.00	22.57%	Strong Buy	2	-10.96%	-54.80%	N/A	N/A
CQP	CHENIERE ENERGY PARTNERS LP	$23.88B	$49.33	$49.00	-0.67%	Strong Sell	2	5.36%	N/A	N/A	N/A
LPG	DORIAN LPG LTD	$1.62B	$39.80	$47.00	18.09%	Buy	2	-14.81%	-86.13%	4.33%	2.34%
NVGS	NAVIGATOR HOLDINGS LTD	$1.10B	$14.97	$20.00	33.60%	Strong Buy	1	-5.36%	33.22%	N/A	N/A
OKE	ONEOK INC	$46.44B	$79.63	$82.50	3.60%	Buy	12	27.31%	-21.92%	14.58%	5.43%
DHT	DHT HOLDINGS INC	$1.81B	$11.26	$15.50	37.66%	Strong Buy	2	-22.81%	12.12%	18.34%	12.62%
EPD	ENTERPRISE PRODUCTS PARTNERS LP	$62.53B	$28.84	$33.13	14.86%	Strong Buy	8	10.10%	5.42%	21.86%	8.52%
TNP	TSAKOS ENERGY NAVIGATION LTD	$729.38M	$24.72	$30.00	21.36%	Strong Buy	1	0.53%	N/A	N/A	N/A
STNG	SCORPIO TANKERS INC	$3.69B	$69.53	$89.00	28.00%	Strong Buy	3	-6.40%	N/A	N/A	N/A
FLNG	FLEX LNG LTD	$1.39B	$25.79	N/A	N/A	N/A	N/A	0.26%	42.41%	N/A	N/A
LNG	CHENIERE ENERGY INC	$38.01B	$161.97	$183.67	13.40%	Strong Buy	3	5.36%	N/A	N/A	N/A
TRP	TC ENERGY CORP	$37.04B	$35.70	$43.50	21.85%	Sell	2	1.87%	55.46%	N/A	N/A
WES	WESTERN MIDSTREAM PARTNERS LP	$13.46B	$35.38	$31.25	-11.67%	Hold	4	15.47%	44.44%	N/A	N/A
GLP	GLOBAL PARTNERS LP	$1.57B	$46.10	$44.00	-4.56%	Strong Buy	1	41.31%	N/A	N/A	N/A
MPLX	MPLX LP	$41.12B	$40.68	$45.80	12.59%	Strong Buy	5	3.04%	-12.34%	N/A	N/A
TK	TEEKAY CORP	$660.70M	$7.26	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WMB	WILLIAMS COMPANIES INC	$46.86B	$38.51	$40.40	4.91%	Buy	5	6.00%	N/A	N/A	N/A
KNTK	KINETIK HOLDINGS INC	$5.89B	$38.94	$39.33	1.01%	Buy	3	26.56%	-38.10%	N/A	N/A
VNOM	VIPER ENERGY INC	$6.90B	$39.04	$42.60	9.12%	Strong Buy	5	5.58%	-28.12%	N/A	N/A
TRGP	TARGA RESOURCES CORP	$25.20B	$112.92	$118.73	5.14%	Strong Buy	11	6.59%	57.55%	N/A	N/A
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.58B	$17.94	$20.07	11.88%	Buy	7	4.05%	6.69%	N/A	N/A
ET	ENERGY TRANSFER LP	$53.11B	$15.77	$19.67	24.71%	Strong Buy	3	19.91%	15.45%	N/A	N/A
MARPS	MARINE PETROLEUM TRUST	$8.52M	$4.26	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ENB	ENBRIDGE INC	$74.10B	$34.86	N/A	N/A	N/A	N/A	6.48%	9.27%	N/A	N/A
PBA	PEMBINA PIPELINE CORP	$19.16B	$34.88	$57.00	63.42%	Buy	1	2.41%	7.76%	N/A	N/A
NS	NUSTAR ENERGY LP	$2.80B	$22.11	$21.00	-5.02%	Sell	3	-3.94%	49.07%	N/A	N/A
OSG	OVERSEAS SHIPHOLDING GROUP INC	$424.30M	$5.98	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PAGP	PLAINS GP HOLDINGS LP	$3.70B	$18.76	$20.07	6.99%	Buy	7	11.44%	-66.34%	N/A	N/A
DLNG	DYNAGAS LNG PARTNERS LP	$120.71M	$3.28	N/A	N/A	N/A	N/A	-2.98%	27.92%	N/A	N/A
BANL	CBL INTERNATIONAL LTD	$26.50M	$1.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ETRN	EQUITRANS MIDSTREAM CORP	$5.40B	$12.45	$12.00	-3.61%	Buy	4	7.83%	-8.20%	N/A	N/A
ENLC	ENLINK MIDSTREAM LLC	$6.16B	$13.59	$15.00	10.38%	Strong Buy	4	8.70%	53.33%	N/A	N/A
KMI	KINDER MORGAN INC	$41.81B	$18.84	$20.00	6.16%	Hold	1	7.07%	7.09%	N/A	N/A
HESM	HESS MIDSTREAM LP	$8.00B	$35.33	$38.00	7.56%	Buy	2	11.85%	16.19%	N/A	N/A
FRO	FRONTLINE PLC	$5.14B	$23.10	$26.10	12.99%	Strong Buy	3	N/A	N/A	N/A	N/A
DTM	DT MIDSTREAM INC	$6.13B	$63.23	$58.75	-7.09%	Buy	4	7.32%	6.55%	N/A	N/A
GEL	GENESIS ENERGY LP	$1.45B	$11.80	$15.00	27.12%	Buy	1	N/A	N/A	N/A	N/A
AM	ANTERO MIDSTREAM CORP	$6.68B	$13.92	N/A	N/A	N/A	N/A	3.50%	15.66%	N/A	N/A
PBT	PERMIAN BASIN ROYALTY TRUST	$566.30M	$12.15	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BROG	BROOGE ENERGY LTD	$122.74M	$1.12	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MMLP	MARTIN MIDSTREAM PARTNERS LP	$105.69M	$2.71	N/A	N/A	N/A	N/A	-3.83%	N/A	N/A	N/A
GLNG	GOLAR LNG LTD	$2.63B	$25.17	N/A	N/A	N/A	N/A	4.56%	N/A	N/A	N/A
SMLP	SUMMIT MIDSTREAM PARTNERS LP	$289.14M	$27.76	N/A	N/A	N/A	N/A	N/A	N/A	-6.25%	-1.80%
NGL	NGL ENERGY PARTNERS LP	$761.95M	$5.75	N/A	N/A	N/A	N/A	-2.75%	N/A	N/A	N/A

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.