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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
TEN
TSAKOS ENERGY NAVIGATION LTD
$748.56M5.12%11.10%$0.6000$1.3081%4
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$63.92B6.98%78.70%$0.5250$2.0688%02024-10-312024-11-14
LPG
DORIAN LPG LTD
$1.50B11.33%52.80%$1.0000$4.0095%1
INSW
INTERNATIONAL SEAWAYS INC
$2.58B11.21%54.30%$1.5000$5.8295%5
CMBT
EURONAV NV
$3.30B7.07%32.90%$0.3400$1.1888%9
TRMD
TORM PLC
$2.96B19.34%75.00%$1.8000$6.1299%2
TNK
TEEKAY TANKERS LTD
$2.03B5.07%23.10%$0.2500$3.0081%5
WES
WESTERN MIDSTREAM PARTNERS LP
$15.14B7.29%74.60%$0.8750$2.9089%2
FRO
FRONTLINE PLC
$5.40B7.87%71.50%$0.6200$1.9190%7
MPLX
MPLX LP
$45.23B7.67%61.90%$0.8500$3.4090%1
DHT
DHT HOLDINGS INC
$1.89B8.28%108.20%$0.2700$0.9791%10
TRGP
TARGA RESOURCES CORP
$36.31B1.51%52.20%$0.7500$2.5032%12024-10-312024-11-15
NVGS
NAVIGATOR HOLDINGS LTD
$1.18B0.92%13.30%$0.0500$0.1517%0
STNG
SCORPIO TANKERS INC
$3.77B2.19%10.50%$0.4000$1.5545%1
OKE
ONEOK INC
$56.43B4.06%86.60%$0.9900$3.9373%0
ET
ENERGY TRANSFER LP
$56.54B7.66%105.50%$0.3200$1.2790%1
GLP
GLOBAL PARTNERS LP
$1.60B5.99%75.90%$0.7200$2.8285%3
KNTK
KINETIK HOLDINGS INC
$7.83B6.04%54.20%$0.7500$3.0085%0
LNG
CHENIERE ENERGY INC
$43.18B0.91%6.90%$0.4350$1.7417%0
PAGP
PLAINS GP HOLDINGS LP
$3.72B1.42%32.70%$0.2675$0.2729%3
DLNG
DYNAGAS LNG PARTNERS LP
$144.26MN/A0.00%$0.0625N/AN/A3
VNOM
VIPER ENERGY INC
$9.21B1.09%31.80%$0.5700$0.5722%8
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.40B6.90%109.90%$0.3175$1.2288%32024-10-312024-11-14
FLNG
FLEX LNG LTD
$1.40B12.04%140.80%$0.7500$3.1396%3
CQP
CHENIERE ENERGY PARTNERS LP
$24.28B5.28%77.70%$0.8100$2.6582%1
TK
TEEKAY CORP
$834.53MN/A0.00%$0.0550N/AN/A1
TRP
TC ENERGY CORP
$47.38B7.85%139.10%$0.9600$3.5990%12024-10-31
WMB
WILLIAMS COMPANIES INC
$61.53B2.77%58.80%$0.4750$1.4055%1
ENB
ENBRIDGE INC
$89.43B7.68%154.30%$0.9150$3.1590%0
MARPS
MARINE PETROLEUM TRUST
$8.10M8.30%93.30%$0.0949$0.3491%16
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$120.72MN/AN/AN/AN/AN/AN/A
PBA
PEMBINA PIPELINE CORP
$24.77B5.94%99.20%$0.6900$2.5485%4
HESM
HESS MIDSTREAM LP
$7.98BN/A0.00%$0.6011N/AN/A0
DTM
DT MIDSTREAM INC
$8.34BN/A16.50%$0.6400N/AN/A0
KMI
KINDER MORGAN INC
$54.82B4.62%104.10%$0.2875$1.1478%1
ENLC
ENLINK MIDSTREAM LLC
$6.81B3.54%174.00%$0.1325$0.5267%2
BANL
CBL INTERNATIONAL LTD
$24.50MN/A0.00%N/AN/AN/AN/A
AM
ANTERO MIDSTREAM CORP
$7.51BN/A27.80%$0.2250N/AN/A1
EE
EXCELERATE ENERGY INC
$2.53BN/A2.10%$0.0250N/AN/A0
GLNG
GOLAR LNG LTD
$4.07B2.57%-227.30%$0.2500$1.0052%1
SMC
SUMMIT MIDSTREAM CORP
$384.95MN/A0.00%$1.8750N/AN/A2
MMLP
MARTIN MIDSTREAM PARTNERS LP
$155.61M0.50%12.50%$0.0050$0.027%4
GEL
GENESIS ENERGY LP
$1.66B4.42%-461.50%$0.1500$0.6077%22024-10-312024-11-14
PBT
PERMIAN BASIN ROYALTY TRUST
$564.43M6.26%103.20%$0.0507$0.7686%82024-10-15
NGL
NGL ENERGY PARTNERS LP
$604.26MN/A0.00%$0.1000N/AN/A3
BROG
BROOGE ENERGY LTD
$176.44MN/AN/AN/AN/AN/AN/A

Oil & Gas Midstream Stocks FAQ

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

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

1. Tsakos Energy Navigation (NYSE:TEN)


Tsakos Energy Navigation (NYSE:TEN) is the top oil & gas midstream stock with a Zen 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. Tsakos Energy Navigation has seen its stock return 18.88% over the past year, underperforming other oil & gas midstream stocks by -13 percentage points.

Tsakos Energy Navigation has an average 1 year price target of $27.00, an upside of 6.42% from Tsakos Energy Navigation's current stock price of $25.37.

Tsakos Energy Navigation stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Tsakos Energy Navigation, 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. Enterprise Products Partners (NYSE:EPD)


Enterprise Products Partners (NYSE:EPD) is the second best oil & gas midstream stock with a Zen Score of 56, which is 20 points higher than the oil & gas midstream industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Enterprise Products Partners has seen its stock return 7.6% over the past year, underperforming other oil & gas midstream stocks by -24 percentage points.

Enterprise Products Partners has an average 1 year price target of $34.33, an upside of 16.58% from Enterprise Products Partners's current stock price of $29.45.

Enterprise Products Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Enterprise Products Partners, 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.

3. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) is the third best oil & gas midstream stock with a Zen Score of 55, which is 19 points higher than the oil & gas midstream industry average of 36. It passed 21 out of 38 due diligence checks and has strong fundamentals. Dorian Lpg has seen its stock return 14.43% over the past year, underperforming other oil & gas midstream stocks by -17 percentage points.

Dorian Lpg has an average 1 year price target of $50.00, an upside of 41.68% from Dorian Lpg's current stock price of $35.29.

Dorian Lpg stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Dorian Lpg, 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 34 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 19.34%, which is 13 percentage points higher than the oil & gas midstream industry average of 5.93%. 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 75% indicates that its high dividend yield is sustainable for the long-term.

2. Flex Lng (NYSE:FLNG)


Flex Lng (NYSE:FLNG) has an annual dividend yield of 12.04%, which is 6 percentage points higher than the oil & gas midstream industry average of 5.93%. 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 140.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) has an annual dividend yield of 11.33%, which is 5 percentage points higher than the oil & gas midstream industry average of 5.93%.

Dorian Lpg's dividend payout ratio of 52.8% 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 0.96% in the last day, and up 0.48% over the last week. Kinder Morgan was the among the top gainers in the oil & gas midstream industry, gaining 4.13% yesterday.

Kinder Morgan shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $23 to $27.

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 40 points higher than the oil & gas midstream industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 16.92% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -14 percentage points.

2. Tsakos Energy Navigation (NYSE:TEN)


Tsakos Energy Navigation (NYSE:TEN) 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 40 points higher than the oil & gas midstream industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has gained 18.88% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -13 percentage points.

3. Dynagas Lng Partners (NYSE:DLNG)


Dynagas Lng Partners (NYSE:DLNG) is the third most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Dynagas Lng Partners has a valuation score of 71, which is 40 points higher than the oil & gas midstream industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Dynagas Lng Partners's stock has gained 51.35% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 20 percentage points.

Are oil & gas midstream stocks a good buy now?

42.42% 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 6.49% 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 16.92x.
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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.