Sectors & IndustriesEnergyOil & Gas Midstream
Best Oil & Gas Midstream Stocks to Buy Now (2024)
Top oil & gas midstream stocks in 2024 ranked by overall Due Diligence 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$71.10B$56.64B$9.40B$5.85B$2.6616.20%10.77%8.57%4.16%2025-01-30
STNG
SCORPIO TANKERS INC
$2.34B$1.38B$1.05B$721.11M$14.58-8.17%16.18%15.17%N/A
TRMD
TORM PLC
$1.84B$1.63B$959.10M$681.30M$7.76-2.39%19.76%-18.83%278.42%
TNK
TEEKAY TANKERS LTD
$1.33B$1.19B$525.81M$422.25M$12.31-16.00%5.94%-23.49%N/A
CMBT
CMBTECH NV
$2.04B$1.92B$1.53B$1.18B$5.9630.33%18.10%74.78%N/A2025-02-06
WES
WESTERN MIDSTREAM PARTNERS LP
$15.31B$3.53B$2.58B$1.49B$3.9216.75%5.42%44.12%23.40%
TK
TEEKAY CORP
$568.79M$1.30B$252.61M$143.91M$1.55-14.23%-7.14%-2.52%N/A
INSW
INTERNATIONAL SEAWAYS INC
$1.82B$1.01B$712.01M$513.02M$10.43-13.07%24.07%-20.20%N/A
FRO
FRONTLINE PLC
$3.40B$2.02BN/A$594.51M$2.673.73%19.27%-28.99%46.18%
TEN
TSAKOS ENERGY NAVIGATION LTD
$538.18M$889.57M$524.12M$266.74M$9.043.39%10.92%50.17%N/A
DHT
DHT HOLDINGS INC
$1.52B$583.76M$308.39M$161.80M$1.00-0.23%3.91%-12.28%75.54%
MPLX
MPLX LP
$49.92B$11.84B$5.86B$4.31B$4.247.83%5.58%21.49%13.01%2025-01-28
LPG
DORIAN LPG LTD
$971.23M$501.24M$379.63M$239.93M$5.901.63%15.64%-7.38%66.58%2025-01-30
HESM
HESS MIDSTREAM LP
$3.89B$1.46B$651.30M$190.20M$2.3711.43%12.27%16.75%13.65%2025-01-29
ET
ENERGY TRANSFER LP
$65.94B$83.66B$13.47B$4.59B$1.376.50%9.12%29.25%2.01%
TRGP
TARGA RESOURCES CORP
$42.38B$16.22B$3.79B$1.24B$5.58-0.98%13.02%44.94%N/A
NVGS
NAVIGATOR HOLDINGS LTD
$1.07B$564.28M$280.26M$81.74M$1.135.99%13.20%13.00%N/A
KNTK
KINETIK HOLDINGS INC
$9.17B$1.45B$833.61M$495.36M$5.6820.20%64.87%618.99%N/A
OKE
ONEOK INC
$63.68B$19.93B$5.97B$2.80B$4.7214.07%13.38%-13.55%9.27%
LNG
CHENIERE ENERGY INC
$49.79B$16.09B$7.52B$3.65B$15.81-34.74%12.06%-68.78%N/A
AM
ANTERO MIDSTREAM CORP
$7.37B$1.08B$875.54M$390.15M$0.805.45%14.28%8.11%N/A
FLNG
FLEX LNG LTD
$1.18B$362.65M$274.93M$91.86M$1.71-2.44%28.36%-35.23%46.90%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.79B$50.37B$2.66B$788.00M$1.132.87%8.63%-15.67%-21.62%2025-02-07
GLP
GLOBAL PARTNERS LP
$1.92B$17.39B$405.66M$113.12M$3.345.31%5.98%-14.14%6.92%
PBA
PEMBINA PIPELINE CORP
$22.88B$5.58B$2.20B$1.34B$2.396.32%0.60%50.22%0.50%
VNOM
VIPER ENERGY INC
$9.61B$836.40M$521.43M$206.15M$2.331.18%24.53%1.30%19.91%
EE
EXCELERATE ENERGY INC
$3.33B$816.93M$222.45M$25.66M$1.01-40.54%N/A-20.47%N/A
ENB
ENBRIDGE INC
$93.96B$35.18B$13.13B$4.56B$2.135.29%-1.04%93.21%-0.40%2025-02-07
PAGP
PLAINS GP HOLDINGS LP
$3.87B$50.37B$1.80B$166.00M$0.842.87%8.63%-13.40%-21.84%2025-02-07
DTM
DT MIDSTREAM INC
$10.00B$976.00M$876.00M$402.00M$4.155.97%N/A15.28%N/A
WMB
WILLIAMS COMPANIES INC
$69.30B$10.54B$7.29B$2.87B$2.37-4.61%4.91%6.28%N/A
MARPS
MARINE PETROLEUM TRUST
$7.58M$1.04MN/A$718.66k$0.37-22.96%-2.89%-31.48%6.50%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$90.70M$151.15MN/A$52.70M$1.12-21.18%N/A-77.87%N/A
CQP
CHENIERE ENERGY PARTNERS LP
$28.05B$8.93B$4.28B$2.79B$4.63-23.67%5.52%-54.43%17.47%
TRP
TC ENERGY CORP
$50.06B$12.06B$9.06B$3.69B$3.554.99%2.90%N/A1.93%
DLNG
DYNAGAS LNG PARTNERS LP
$164.51M$151.69M$116.69M$47.93M$0.96-4.35%3.52%39.13%N/A
KMI
KINDER MORGAN INC
$61.69B$15.15B$7.42B$2.54B$1.13-4.56%2.13%3.67%4.66%2025-01-15
PBT
PERMIAN BASIN ROYALTY TRUST
$600.79M$37.74MN/A$36.26M$0.7825.46%10.51%25.81%10.66%
ENLC
ENLINK MIDSTREAM LLC
$7.01B$6.66B$1.11B$130.80M$0.21-6.07%-0.85%-67.19%N/A
MMLP
MARTIN MIDSTREAM PARTNERS LP
$155.61M$717.40M$117.54M$4.15M$0.11-16.60%-3.84%N/AN/A
BANL
CBL INTERNATIONAL LTD
$23.00M$521.17M-$714.51k-$1.55M-$0.0724.34%N/AN/AN/A
BROG
BROOGE ENERGY LTD
$142.46M$105.70M-$14.76M-$48.33M-$0.5529.62%24.15%N/AN/A
GLNG
GOLAR LNG LTD
$4.44B$298.43M$5.39M-$46.79M-$0.4411.46%-7.07%N/AN/A
GEL
GENESIS ENERGY LP
$1.35B$3.01B$571.24M-$89.81M-$0.74-3.28%3.28%N/AN/A
SOBO
SOUTH BOW CORP
$5.19BN/AN/AN/AN/AN/AN/AN/AN/A
SMC
SUMMIT MIDSTREAM CORP
$402.63M$449.92M$270.16M-$124.52M-$12.237.81%-0.66%N/AN/A
NGL
NGL ENERGY PARTNERS LP
$599.34M$6.24B$387.32M-$309.31M-$2.33-18.39%-5.07%N/AN/A2025-02-06

Oil & Gas Midstream Stocks FAQ

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

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

1. Enterprise Products Partners (NYSE:EPD)


Enterprise Products Partners (NYSE:EPD) is the top oil & gas midstream stock with a Due Diligence Score of 58, which is 22 points higher than the oil & gas midstream industry average of 36. It passed 21 out of 38 due diligence checks and has strong fundamentals. Enterprise Products Partners has seen its stock return 23.54% over the past year, underperforming other oil & gas midstream stocks by -7 percentage points.

Enterprise Products Partners has an average 1 year price target of $35.50, an upside of 8.23% from Enterprise Products Partners's current stock price of $32.80.

Enterprise Products Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Enterprise Products Partners, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Teekay Tankers (NYSE:TNK)


Teekay Tankers (NYSE:TNK) is the second best oil & gas midstream stock with a Due Diligence Score of 54, which is 18 points higher than the oil & gas midstream industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock lose -19.45% over the past year, underperforming other oil & gas midstream stocks by -50 percentage points.

Teekay Tankers has an average 1 year price target of $63.67, an upside of 64.22% from Teekay Tankers's current stock price of $38.77.

Teekay Tankers stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Teekay Tankers, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 33.33% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the third best oil & gas midstream stock with a Due Diligence Score of 54, which is 18 points higher than the oil & gas midstream industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock lose -28.04% over the past year, underperforming other oil & gas midstream stocks by -58 percentage points.

Torm has an average 1 year price target of $48.00, an upside of 144.52% from Torm's current stock price of $19.63.

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 39 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 29.85%, which is 23 percentage points higher than the oil & gas midstream industry average of 6.66%. Torm's dividend payout is not stable, having dropped more than 10% three 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. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) has an annual dividend yield of 17.63%, which is 11 percentage points higher than the oil & gas midstream industry average of 6.66%.

Dorian Lpg's dividend payout ratio of 50.8% indicates that its high dividend yield is sustainable for the long-term.

3. Teekay (NYSE:TK)


Teekay (NYSE:TK) has an annual dividend yield of 16%, which is 9 percentage points higher than the oil & gas midstream industry average of 6.66%. Teekay's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Teekay's dividend has shown consistent growth over the last 10 years.

Teekay's dividend payout ratio of 0% 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 -1.45% in the last day, and down -2.82% over the last week.

We couldn't find a catalyst for why oil & gas midstream stocks are down.

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 39 points higher than the oil & gas midstream industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 19.53% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -11 percentage points.

2. Dynagas Lng Partners (NYSE:DLNG)


Dynagas Lng Partners (NYSE:DLNG) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Dynagas Lng Partners has a valuation score of 71, which is 39 points higher than the oil & gas midstream industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Dynagas Lng Partners's stock has gained 68.68% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 38 percentage points.

3. Teekay (NYSE:TK)


Teekay (NYSE:TK) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Teekay has a valuation score of 71, which is 39 points higher than the oil & gas midstream industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Teekay's stock has dropped -6.58% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -37 percentage points.

Are oil & gas midstream stocks a good buy now?

41.18% of oil & gas midstream stocks rated by analysts are a buy right now. On average, analysts expect oil & gas midstream stocks to rise by 10.06% 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 17.88x.
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.