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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
FRO
FRONTLINE PLC
$4.08B14.04%72.10%$0.8000$2.5797%62023-09-29
TRMD
TORM PLC
$2.33B25.44%63.60%$1.5000$7.0199%2
TNK
TEEKAY TANKERS LTD
$1.39B3.68%8.00%$0.2500$1.5060%4
OKE
ONEOK INC
$29.79B5.71%70.00%$0.9550$3.8079%0
PAA
PLAINS ALL AMERICAN PIPELINE LP
$10.94B6.51%63.00%$0.2675$1.0284%3
INSW
INTERNATIONAL SEAWAYS INC
$2.11B14.26%36.40%$1.4200$6.1697%32023-09-27
CQP
CHENIERE ENERGY PARTNERS LP
$27.60B7.36%56.60%$1.0300$4.2087%0
LPG
DORIAN LPG LTD
$1.19B13.57%80.30%$1.0000$4.0097%1
MARPS
MARINE PETROLEUM TRUST
$10.18M12.49%112.10%$0.1218$0.6496%162023-09-28
EURN
EURONAV NV
$3.49B8.97%25.70%$0.8000$1.5591%6
WES
WESTERN MIDSTREAM PARTNERS LP
$10.37B8.97%90.20%$0.5625$2.4291%2
MPLX
MPLX LP
$35.34B8.78%76.50%$0.7750$3.1090%1
STNG
SCORPIO TANKERS INC
$2.90B1.50%4.20%$0.2500$0.8026%1
TRGP
TARGA RESOURCES CORP
$19.09B1.99%45.60%$0.5000$1.7035%1
GLP
GLOBAL PARTNERS LP
$1.15B10.42%53.90%$0.6750$3.5393%3
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$25.22MN/A0.00%N/AN/AN/AN/A
DHT
DHT HOLDINGS INC
$1.65B9.89%69.70%$0.3500$1.0092%8
PAGP
PLAINS GP HOLDINGS LP
$3.20B1.64%86.40%$0.2675$0.2729%3
GLNG
GOLAR LNG LTD
$2.51B2.13%0.00%$0.2500$0.5038%1
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$59.53B7.13%79.10%$0.5000$1.9686%0
BANL
CBL INTERNATIONAL LTD
$29.25MN/A0.00%N/AN/AN/AN/A
LNG
CHENIERE ENERGY INC
$39.50B0.96%4.50%$0.3950$1.5815%0
HEP
HOLLY ENERGY PARTNERS LP
$2.84B6.23%80.90%$0.3500$1.4082%1
VNOM
VIPER ENERGY PARTNERS LP
$4.53B5.96%94.20%$0.3600$1.6781%8
PBA
PEMBINA PIPELINE CORP
$16.72B6.40%48.50%$0.4926$1.9583%52023-09-29
KNTK
KINETIK HOLDINGS INC
$5.04B8.69%0.00%$0.7500$3.0090%0
FLNG
FLEX LNG LTD
$1.62B10.76%139.40%$0.7500$3.2594%2
TNP
TSAKOS ENERGY NAVIGATION LTD
$595.13M2.23%4.20%$0.3000$0.4540%32023-10-192023-10-26
ET
ENERGY TRANSFER LP
$44.04B8.48%92.30%$0.3100$1.1989%1
WMB
WILLIAMS COMPANIES INC
$41.31B5.20%80.00%$0.4475$1.7776%1
ENB
ENBRIDGE INC
$69.70B7.65%185.90%$0.6604$2.6488%0
TRP
TC ENERGY CORP
$37.51B7.42%376.00%$0.7036$2.7187%12023-09-282023-10-31
GPP
GREEN PLAINS PARTNERS LP
$354.32M11.95%110.30%$0.4550$1.8295%1
CEQP
CRESTWOOD EQUITY PARTNERS LP
$3.07B8.98%256.90%$0.6550$2.6291%1
TK
TEEKAY CORP
$596.79MN/A0.00%$0.0550N/AN/A1
NS
NUSTAR ENERGY LP
$1.99B8.93%202.50%$0.4000$1.6091%2
HESM
HESS MIDSTREAM LP
$6.92B2.02%116.50%$0.6011$0.6036%0
BROG
BROOGE ENERGY LTD
$585.20MN/A0.00%N/AN/AN/AN/A
AM
ANTERO MIDSTREAM CORP
$5.70B1.89%128.60%$0.2250$0.2333%1
KMI
KINDER MORGAN INC
$37.32B6.69%101.40%$0.2825$1.1284%1
ENLC
ENLINK MIDSTREAM LLC
$5.85B3.85%64.90%$0.1250$0.4962%2
NVGS
NAVIGATOR HOLDINGS LTD
$1.09B0.34%0.00%$0.0500$0.054%0
GEL
GENESIS ENERGY LP
$1.28B5.74%2,000.00%$0.1500$0.6079%2
PBT
PERMIAN BASIN ROYALTY TRUST
$1.02B3.76%88.00%$0.0245$0.8261%42023-09-282023-10-16
DLNG
DYNAGAS LNG PARTNERS LP
$97.53MN/A0.00%$0.0625N/AN/A3
DTM
DT MIDSTREAM INC
$5.21BN/A69.50%$0.6400N/AN/A0
NGL
NGL ENERGY PARTNERS LP
$505.28MN/A0.00%$0.1000N/AN/A3
ETRN
EQUITRANS MIDSTREAM CORP
$4.12B6.30%-78.90%$0.1500$0.6082%1
OSG
OVERSEAS SHIPHOLDING GROUP INC
$327.47MN/A0.00%$0.4800N/AN/A0
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$139.04MN/A0.00%$1.8750N/AN/A2
MMLP
MARTIN MIDSTREAM PARTNERS LP
$114.41M0.68%-2.40%$0.0050$0.0210%4
SNMP
EVOLVE TRANSITION INFRASTRUCTURE LP
$15.21MN/A0.00%$4.5001N/AN/A1

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.