WallStreetZenWallStreetZen

Sectors & IndustriesEnergyOil & Gas Midstream
Best Oil & Gas Midstream Stocks to Buy Now (2023)
Top oil & gas midstream stocks in 2023 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
FRO
FRONTLINE PLC
$4.08B$1.95BN/A$827.59M$3.77114.05%24.42%1,156.67%N/A
TRMD
TORM PLC
$2.33B$1.67B$975.26M$784.75M$9.5887.10%N/A725.86%N/A2023-11-09
TNK
TEEKAY TANKERS LTD
$1.39B$1.41B$680.55M$535.09M$15.71103.87%21.56%N/AN/A2023-11-01
OKE
ONEOK INC
$29.79B$19.20B$4.51B$2.43B$5.43-10.28%8.51%53.82%24.03%2023-10-30
PAA
PLAINS ALL AMERICAN PIPELINE LP
$10.94B$51.23B$2.98B$1.13B$1.62-4.81%11.33%97.56%22.81%2023-11-01
INSW
INTERNATIONAL SEAWAYS INC
$2.11B$1.15B$844.07M$658.25M$13.37146.04%37.10%N/AN/A2023-11-06
CQP
CHENIERE ENERGY PARTNERS LP
$27.60B$14.55B$6.08B$4.55B$7.4811.12%21.83%325.00%20.70%2023-11-01
LPG
DORIAN LPG LTD
$1.19B$424.49M$318.09M$199.32M$4.9847.34%23.80%119.38%N/A2023-10-31
MARPS
MARINE PETROLEUM TRUST
$10.18M$1.82MN/A$1.55M$0.7764.35%13.77%75.00%15.17%2023-11-10
EURN
EURONAV NV
$3.49B$1.39BN/A$588.39M$2.92163.61%23.82%N/AN/A2023-10-26
WES
WESTERN MIDSTREAM PARTNERS LP
$10.37B$3.09B$1.99B$1.03B$2.68-0.91%5.12%0.00%10.05%2023-10-31
MPLX
MPLX LP
$35.34B$11.47B$6.22B$4.00B$3.965.75%17.76%26.11%17.47%2023-10-31
STNG
SCORPIO TANKERS INC
$2.90B$1.70B$1.24B$856.21M$15.49100.58%24.40%N/AN/A2023-10-30
TRGP
TARGA RESOURCES CORP
$19.09B$17.84B$3.45B$846.60M$3.73-14.71%12.88%301.08%40.97%2023-11-01
GLP
GLOBAL PARTNERS LP
$1.15B$16.92B$442.31M$217.57M$6.41-1.88%10.03%-4.19%17.03%2023-11-02
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$25.22M$205.02M$100.83M$81.76M$5.32733.40%N/AN/AN/A
DHT
DHT HOLDINGS INC
$1.65B$563.45M$303.40M$164.29M$0.9976.50%11.72%N/AN/A2023-11-06
PAGP
PLAINS GP HOLDINGS LP
$3.20B$51.23B$1.93B$232.00M$1.18-4.81%11.33%103.45%N/A2023-11-01
GLNG
GOLAR LNG LTD
$2.51B$267.74M$867.07M$787.77M$7.302.87%13.28%93.12%N/A2023-11-14
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$59.53B$52.21B$8.73B$5.42B$2.471.84%9.56%11.26%12.68%2023-10-30
BANL
CBL INTERNATIONAL LTD
$29.25M$419.17M$4.96M$3.75M$0.174.05%N/A13.33%N/A
LNG
CHENIERE ENERGY INC
$39.50B$29.35B$13.60B$8.36B$34.0216.24%33.45%N/A113.33%2023-11-01
HEP
HOLLY ENERGY PARTNERS LP
$2.84B$574.56M$424.02M$218.18M$1.7315.60%3.35%-3.35%-7.82%2023-11-06
VNOM
VIPER ENERGY PARTNERS LP
$4.53B$754.99M$310.66M$165.56M$2.252.72%25.84%51.01%-0.95%2023-11-06
PBA
PEMBINA PIPELINE CORP
$16.72B$7.46B$3.01B$2.03B$3.67-11.93%9.03%80.51%17.22%2023-11-01
KNTK
KINETIK HOLDINGS INC
$5.04B$1.20B$630.00M$173.14M$94.78k23.37%97.61%6,294.93%N/A2023-11-07
FLNG
FLEX LNG LTD
$1.62B$368.39M$315.59M$143.57M$2.693.75%N/A-29.21%N/A
TNP
TSAKOS ENERGY NAVIGATION LTD
$595.13M$860.40M$376.06M$168.26M$6.0257.55%10.21%N/AN/A2023-11-20
ET
ENERGY TRANSFER LP
$44.04B$80.76B$11.13B$3.75B$1.20-1.23%11.23%-4.76%2.32%2023-10-30
WMB
WILLIAMS COMPANIES INC
$41.31B$11.52B$6.71B$2.65B$2.187.16%6.77%68.99%-2.07%2023-10-30
ENB
ENBRIDGE INC
$69.70B$35.99B$10.59B$2.87B$1.42-11.90%0.68%-24.30%5.19%2023-11-02
TRP
TC ENERGY CORP
$37.51B$11.82B$5.60B$725.00M$0.728.37%2.88%-71.22%-22.59%2023-11-07
GPP
GREEN PLAINS PARTNERS LP
$354.32M$82.31M$50.58M$39.04M$1.656.76%-5.01%-2.94%-1.51%2023-11-01
CEQP
CRESTWOOD EQUITY PARTNERS LP
$3.07B$5.25B$713.90M$103.10M$1.02-6.83%4.79%N/AN/A2023-10-31
TK
TEEKAY CORP
$596.79M$1.51B$309.24M$161.34M$1.6380.21%-1.42%N/AN/A2023-11-01
NS
NUSTAR ENERGY LP
$1.99B$1.62B$789.05M$303.31M$0.79-3.26%3.10%N/A-11.31%2023-11-01
HESM
HESS MIDSTREAM LP
$6.92B$1.28B$472.20M$90.80M$1.992.60%15.11%2.58%11.40%2023-10-25
BROG
BROOGE ENERGY LTD
$585.20M$81.54M$66.19M$27.23M$0.3195.25%290.68%6.90%N/A
AM
ANTERO MIDSTREAM CORP
$5.70B$990.35M$812.46M$340.33M$0.7011.44%N/A1.45%N/A2023-10-24
KMI
KINDER MORGAN INC
$37.32B$17.15B$7.15B$2.51B$1.10-3.10%4.50%2.80%N/A2023-10-17
ENLC
ENLINK MIDSTREAM LLC
$5.85B$8.01B$1.21B$353.30M$0.75-9.57%3.70%102.70%-11.35%2023-10-30
NVGS
NAVIGATOR HOLDINGS LTD
$1.09B$501.44M$250.76M$57.81M$0.774.74%10.98%N/AN/A2023-11-21
GEL
GENESIS ENERGY LP
$1.28B$3.03B$628.71M$3.46M$0.0323.49%2.46%N/AN/A2023-10-25
PBT
PERMIAN BASIN ROYALTY TRUST
$1.02B$54.07MN/A$52.95M$1.13193.00%11.84%205.41%12.40%2023-11-13
DLNG
DYNAGAS LNG PARTNERS LP
$97.53M$139.89M$110.42M$43.00M$0.842.08%1.06%-40.00%29.57%
DTM
DT MIDSTREAM INC
$5.21B$922.00M$819.00M$370.00M$3.835.13%N/A11.66%N/A
NGL
NGL ENERGY PARTNERS LP
$505.28M$7.81B$609.19M-$140.98M-$0.64-12.76%-2.93%N/AN/A2023-11-07
ETRN
EQUITRANS MIDSTREAM CORP
$4.12B$1.38B$478.25M-$329.92M-$0.769.71%2.12%N/AN/A2023-10-30
OSG
OVERSEAS SHIPHOLDING GROUP INC
$327.47M$465.23M$237.60M$47.78M$0.5613.08%3.99%N/A-1.70%2023-11-01
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$139.04M$384.80M$172.28M-$82.24M-$8.04-2.94%-4.98%N/AN/A2023-11-01
MMLP
MARTIN MIDSTREAM PARTNERS LP
$114.41M$912.85M$86.51M-$31.67M-$0.82-12.51%-2.95%N/AN/A2023-10-31
SNMP
EVOLVE TRANSITION INFRASTRUCTURE LP
$15.21M$26.09M$12.52M-$58.99M-$9.11-52.97%-18.57%N/AN/A2023-11-13

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Sep 2023?

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

1. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) is the top oil & gas midstream stock with a Zen Score of 65, which is 28 points higher than the oil & gas midstream industry average of 37. It passed 24 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 53.61% over the past year, overperforming other oil & gas midstream stocks by 35 percentage points.

Frontline has an average 1 year price target of $18.00, a downside of -1.69% from Frontline's current stock price of $18.31.

Frontline stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Frontline, 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 61, which is 24 points higher than the oil & gas midstream industry average of 37. It passed 23 out of 38 due diligence checks and has strong fundamentals. Torm has seen its stock return 41.79% over the past year, overperforming other oil & gas midstream stocks by 23 percentage points.

3. Teekay Tankers (NYSE:TNK)


Teekay Tankers (NYSE:TNK) is the third best oil & gas midstream stock with a Zen Score of 59, which is 22 points higher than the oil & gas midstream industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock return 45.91% over the past year, overperforming other oil & gas midstream stocks by 27 percentage points.

Teekay Tankers has an average 1 year price target of $54.00, an upside of 32.32% from Teekay Tankers's current stock price of $40.81.

Teekay Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Teekay Tankers, 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 42 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 25.44%, which is 18 percentage points higher than the oil & gas midstream industry average of 7.04%.

Torm's dividend payout ratio of 63.6% indicates that its high dividend yield is sustainable for the long-term.

2. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) has an annual dividend yield of 14.26%, which is 7 percentage points higher than the oil & gas midstream industry average of 7.04%.

International Seaways's dividend payout ratio of 36.4% indicates that its high dividend yield is sustainable for the long-term.

3. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) has an annual dividend yield of 14.04%, which is 7 percentage points higher than the oil & gas midstream industry average of 7.04%. Frontline's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Frontline's dividend has shown consistent growth over the last 10 years.

Frontline's dividend payout ratio of 72.1% 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 1.23% in the last day, and up 0.61% 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. Global Partners (NYSE:GLP)


Global Partners (NYSE:GLP) is the most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Global Partners has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Global Partners's stock has gained 38.69% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 20 percentage points.

2. Marine Petroleum Trust (NASDAQ:MARPS)


Marine Petroleum Trust (NASDAQ:MARPS) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Marine Petroleum Trust has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Marine Petroleum Trust's stock has dropped -34.49% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -54 percentage points.

3. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Frontline has a valuation score of 71, which is 34 points higher than the oil & gas midstream industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Frontline's stock has gained 53.61% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 35 percentage points.

Are oil & gas midstream stocks a good buy now?

40% of oil & gas midstream stocks rated by analysts are a buy right now. On average, analysts expect oil & gas midstream stocks to rise by 17.89% 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 16.22x.
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.