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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
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
$5.28B$1.83B$1.06B$656.41M$2.9526.98%19.73%32.88%N/A2024-05-22
INSW
INTERNATIONAL SEAWAYS INC
$2.72B$1.07B$755.12M$556.45M$11.3523.95%31.71%44.59%N/A2024-06-05
EURN
EURONAV NV
$3.26B$1.63B$1.26B$858.03M$4.2568.83%21.19%320.79%N/A2024-05-08
TRMD
TORM PLC
$3.00B$1.52B$862.47M$648.27M$7.755.34%19.07%11.99%N/A2024-05-08
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$111.50M$183.73M$88.65M$71.13M$3.2289.37%N/A11.42%N/A
TNK
TEEKAY TANKERS LTD
$2.00B$1.36B$648.42M$513.67M$15.0428.35%11.93%123.15%N/A2024-05-09
LPG
DORIAN LPG LTD
$1.72B$552.96M$435.96M$304.23M$7.5764.72%27.74%130.09%N/A2024-05-22
NVGS
NAVIGATOR HOLDINGS LTD
$1.12B$550.74M$280.68M$82.26M$1.1116.24%12.18%60.87%N/A2024-05-21
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$61.99B$49.72B$8.92B$5.53B$2.52-14.56%6.35%0.80%5.70%2024-04-30
CQP
CHENIERE ENERGY PARTNERS LP
$24.40B$9.66B$5.75B$4.25B$6.95-43.83%8.50%112.54%22.59%2024-04-30
TNP
TSAKOS ENERGY NAVIGATION LTD
$759.18M$889.57M$524.12M$266.74M$9.043.39%10.92%50.17%N/A2024-06-14
OKE
ONEOK INC
$47.48B$17.68B$5.13B$2.66B$5.49-21.04%7.02%42.60%14.41%2024-05-22
STNG
SCORPIO TANKERS INC
$3.84B$1.34B$932.63M$546.90M$10.44-14.18%18.05%-9.14%N/A2024-05-09
LNG
CHENIERE ENERGY INC
$37.95B$20.39B$15.36B$9.88B$40.99-38.99%20.62%620.39%84.45%2024-05-23
FLNG
FLEX LNG LTD
$1.42B$371.02M$302.20M$120.04M$2.246.64%36.88%-36.54%50.51%2024-05-31
DHT
DHT HOLDINGS INC
$1.85B$560.56M$303.97M$161.35M$0.9923.43%8.32%167.57%N/A2024-06-14
WMB
WILLIAMS COMPANIES INC
$47.71B$10.91B$7.49B$3.18B$2.61-0.53%4.66%55.36%N/A2024-05-01
TRP
TC ENERGY CORP
$37.34B$11.80B$7.34B$2.10B$2.049.59%3.41%342.83%-6.56%2024-06-04
GLP
GLOBAL PARTNERS LP
$1.62B$16.49B$356.36M$128.04M$3.77-12.64%5.41%-62.52%4.89%2024-05-08
MPLX
MPLX LP
$42.41B$11.28B$6.05B$3.83B$3.80-2.86%10.00%1.33%10.66%2024-04-30
TK
TEEKAY CORP
$686.19M$1.46B$288.36M$150.64M$1.5923.09%-3.25%106.49%N/A2024-05-09
WES
WESTERN MIDSTREAM PARTNERS LP
$13.70B$3.11B$1.98B$998.53M$2.61-4.47%6.20%-13.29%9.08%2024-05-09
VNOM
VIPER ENERGY INC
$7.00B$827.70M$441.07M$200.09M$2.69-4.47%23.44%34.50%6.00%2024-05-01
TRGP
TARGA RESOURCES CORP
$26.15B$16.06B$3.73B$835.80M$3.69-23.27%8.90%-6.58%N/A2024-05-16
ET
ENERGY TRANSFER LP
$53.82B$78.59B$11.20B$3.47B$1.10-12.56%7.76%-21.43%-1.73%2024-05-08
KNTK
KINETIK HOLDINGS INC
$5.95B$1.26B$640.38M$386.45M$5.253.54%74.91%257.14%N/A2024-05-20
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.64B$48.71B$2.79B$976.00M$1.40-15.05%7.42%17.65%-12.76%2024-05-22
MARPS
MARINE PETROLEUM TRUST
$8.34M$1.18MN/A$901.37k$0.45-40.46%4.03%-47.06%3.99%2024-05-10
ENB
ENBRIDGE INC
$76.44B$32.57B$12.27B$4.36B$2.12-15.66%-0.91%128.59%14.58%2024-05-10
PBA
PEMBINA PIPELINE CORP
$19.82B$6.76B$2.36B$1.22B$2.22-19.05%4.73%-39.87%5.96%2024-05-10
DLNG
DYNAGAS LNG PARTNERS LP
$141.32M$160.48M$107.24M$35.85M$0.6621.89%4.77%-42.61%N/A2024-06-18
PAGP
PLAINS GP HOLDINGS LP
$3.73B$48.71B$1.82B$198.00M$1.01-15.05%7.42%17.44%-13.78%2024-05-22
OSG
OVERSEAS SHIPHOLDING GROUP INC
$427.84M$451.87M$236.50M$62.45M$0.80-3.20%4.30%166.67%39.77%2024-06-06
ENLC
ENLINK MIDSTREAM LLC
$6.39B$6.90B$1.20B$206.20M$0.45-27.69%-2.17%-40.79%N/A2024-05-01
HESM
HESS MIDSTREAM LP
$7.90B$1.35B$528.00M$118.60M$2.115.76%13.60%3.94%10.69%
ETRN
EQUITRANS MIDSTREAM CORP
$6.02B$1.39B$1.20B$386.72M$0.892.66%-1.39%N/A0.69%2024-04-30
KMI
KINDER MORGAN INC
$41.28B$15.29B$7.28B$2.46B$1.09-18.66%1.55%-2.68%9.90%2024-05-08
NS
NUSTAR ENERGY LP
$2.90B$1.63B$719.17M$210.47M$0.26-2.16%1.81%-78.15%N/A2024-05-01
AM
ANTERO MIDSTREAM CORP
$6.82B$1.06B$876.20M$389.21M$0.8110.45%81.35%17.39%21.98%2024-06-05
BANL
CBL INTERNATIONAL LTD
$26.50M$435.90M$1.98M$1.14M$0.05-5.83%N/A-73.68%N/A
DTM
DT MIDSTREAM INC
$6.13B$922.00M$838.00M$384.00M$3.970.22%13.71%3.66%N/A2024-05-10
GEL
GENESIS ENERGY LP
$1.49B$3.18B$642.55M$27.00M$0.2213.91%1.75%N/AN/A2024-05-02
MMLP
MARTIN MIDSTREAM PARTNERS LP
$104.52M$734.26M$116.81M$3.72M$0.10-25.40%-5.39%N/A-32.43%
PBT
PERMIAN BASIN ROYALTY TRUST
$562.10M$29.10MN/A$27.98M$0.60-46.58%-1.95%-47.83%-1.89%2024-05-06
GLNG
GOLAR LNG LTD
$2.61B$298.43M$5.39M-$46.79M-$0.4411.46%-7.07%N/AN/A2024-05-28
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$301.12M$458.90M$217.05M-$63.09M-$6.1124.16%-1.96%N/AN/A2024-05-09
NGL
NGL ENERGY PARTNERS LP
$781.83M$7.38B$586.32M-$78.61M-$0.60-19.65%-2.21%N/AN/A2024-05-29
BROG
BROOGE ENERGY LTD
$118.35MN/AN/AN/AN/AN/AN/AN/AN/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. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) is the top oil & gas midstream stock with a Zen Score of 62, which is 25 points higher than the oil & gas midstream industry average of 37. It passed 23 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 52.02% over the past year, overperforming other oil & gas midstream stocks by 29 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 10.13% from Frontline's current stock price of $23.70.

Frontline stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Frontline, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) 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 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 39.02% over the past year, overperforming other oil & gas midstream stocks by 16 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 17.03% from International Seaways's current stock price of $55.54.

International Seaways stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering International Seaways, 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.

3. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) is the third best 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 -1.12% over the past year, underperforming other oil & gas midstream stocks by -24 percentage points.

Euronav Nv has an average 1 year price target of $19.19, an upside of 14.55% from Euronav Nv's current stock price of $16.75.

Euronav Nv stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 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.

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 16.59%, which is 11 percentage points higher than the oil & gas midstream industry average of 5.81%. 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 12.66%, which is 7 percentage points higher than the oil & gas midstream industry average of 5.81%. 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 11.85%, which is 6 percentage points higher than the oil & gas midstream industry average of 5.81%. 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 0.38% in the last day, and up 2.09% 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. 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 30 points higher than the oil & gas midstream industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 46.09% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 23 percentage points.

2. Plains All American Pipeline (NASDAQ:PAA)


Plains All American Pipeline (NASDAQ:PAA) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Plains All American Pipeline has a valuation score of 71, which is 30 points higher than the oil & gas midstream industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 39.88% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 17 percentage points.

3. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. International Seaways has a valuation score of 71, which is 30 points higher than the oil & gas midstream industry average of 41. It passed 5 out of 7 valuation due diligence checks.

International Seaways's stock has gained 39.02% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 16 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 10.56% 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 14.45x.
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.