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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
INSW
INTERNATIONAL SEAWAYS INC
$2.62B10.47%55.40%$1.3200$5.6194%4
EURN
EURONAV NV
$3.19B12.92%49.90%$0.5700$2.1296%8
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$102.26MN/A0.00%N/AN/AN/AN/A
TNK
TEEKAY TANKERS LTD
$1.93B3.53%13.30%$0.2500$2.0062%4
TRMD
TORM PLC
$2.88B17.32%90.50%$1.3600$5.7898%2
CQP
CHENIERE ENERGY PARTNERS LP
$23.31B6.42%44.50%$1.0300$3.0986%0
LPG
DORIAN LPG LTD
$1.70B9.57%52.80%$1.0000$4.0092%1
OKE
ONEOK INC
$47.21B4.76%70.20%$0.9900$3.8677%02024-04-302024-05-15
NVGS
NAVIGATOR HOLDINGS LTD
$1.09B1.01%9.00%$0.0500$0.1518%02024-04-25
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$62.99B6.90%79.60%$0.5150$2.0187%02024-04-292024-05-14
TNP
TSAKOS ENERGY NAVIGATION LTD
$731.44M4.03%11.10%$0.3000$1.0069%4
DHT
DHT HOLDINGS INC
$1.82B8.78%100.00%$0.2200$0.9991%9
STNG
SCORPIO TANKERS INC
$3.76B1.76%12.00%$0.4000$1.2535%1
FLNG
FLEX LNG LTD
$1.39B12.07%139.50%$0.7500$3.1395%3
LNG
CHENIERE ENERGY INC
$36.95B1.05%4.00%$0.4350$1.6619%0
TRP
TC ENERGY CORP
$37.26B8.51%136.50%$0.9600$3.0691%12024-04-30
WES
WESTERN MIDSTREAM PARTNERS LP
$13.67B7.15%98.40%$0.5750$2.5788%22024-04-302024-05-15
GLP
GLOBAL PARTNERS LP
$1.59B5.82%72.00%$0.7000$2.7283%3
MPLX
MPLX LP
$42.22B7.78%85.50%$0.8500$3.2590%12024-05-022024-05-13
TK
TEEKAY CORP
$664.35MN/A0.00%$0.0550N/AN/A1
WMB
WILLIAMS COMPANIES INC
$47.76B4.63%68.60%$0.4750$1.8276%1
KNTK
KINETIK HOLDINGS INC
$5.93B7.66%57.10%$0.7500$3.0089%02024-04-262024-05-09
VNOM
VIPER ENERGY INC
$7.05B3.16%65.10%$0.5700$1.2657%8
ET
ENERGY TRANSFER LP
$53.45B7.84%113.20%$0.3150$1.2590%12024-05-102024-05-20
TRGP
TARGA RESOURCES CORP
$26.09B1.71%54.20%$0.5000$2.0034%12024-04-292024-05-15
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.79B6.14%80.00%$0.3175$1.1284%32024-04-302024-05-15
MARPS
MARINE PETROLEUM TRUST
$8.62M9.69%105.60%$0.1016$0.4293%16
ENB
ENBRIDGE INC
$75.80B7.42%124.10%$0.6799$2.6589%02024-05-142024-06-01
PBA
PEMBINA PIPELINE CORP
$19.50B6.06%88.10%$0.6675$2.1584%5
NS
NUSTAR ENERGY LP
$2.85B7.10%222.20%$0.4000$1.6088%2
OSG
OVERSEAS SHIPHOLDING GROUP INC
$431.39M1.97%7.50%$0.0600$0.1239%1
PAGP
PLAINS GP HOLDINGS LP
$3.75B2.81%79.40%$0.2675$0.5452%3
DLNG
DYNAGAS LNG PARTNERS LP
$130.65MN/A0.00%$0.0625N/AN/A3
ETRN
EQUITRANS MIDSTREAM CORP
$5.83B4.46%67.40%$0.1500$0.6074%12024-05-062024-05-15
HESM
HESS MIDSTREAM LP
$8.06B1.69%56.20%$0.6011$0.6034%0
KMI
KINDER MORGAN INC
$41.75B6.01%103.70%$0.2825$1.1384%12024-04-292024-05-15
ENLC
ENLINK MIDSTREAM LLC
$6.24B3.68%112.90%$0.1325$0.5164%22024-04-252024-05-14
AM
ANTERO MIDSTREAM CORP
$6.75B1.60%55.60%$0.2250$0.2332%1
BANL
CBL INTERNATIONAL LTD
$27.50MN/A0.00%N/AN/AN/AN/A
FRO
FRONTLINE PLC
$5.06B9.55%N/A$0.3700$2.1792%7
DTM
DT MIDSTREAM INC
$6.22BN/A52.10%$0.6400N/AN/A0
GEL
GENESIS ENERGY LP
$1.53B4.80%272.70%$0.1500$0.6077%22024-04-292024-05-15
MMLP
MARTIN MIDSTREAM PARTNERS LP
$106.47M0.73%20.00%$0.0050$0.0212%42024-05-072024-05-15
PBT
PERMIAN BASIN ROYALTY TRUST
$574.22M5.00%99.80%$0.0413$0.6278%62024-04-292024-05-14
GLNG
GOLAR LNG LTD
$2.63B3.97%-227.30%$0.2500$1.0068%1
NGL
NGL ENERGY PARTNERS LP
$793.75MN/A0.00%$0.1000N/AN/A3
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$290.70MN/A0.00%$1.8750N/AN/A2
BROG
BROOGE ENERGY LTD
$113.97MN/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. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) is the top 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 26.19% over the past year, overperforming other oil & gas midstream stocks by 9 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 21.31% from International Seaways's current stock price of $53.58.

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.

2. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) is the second 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 -7.91% over the past year, underperforming other oil & gas midstream stocks by -25 percentage points.

Euronav Nv has an average 1 year price target of $19.19, an upside of 16.85% from Euronav Nv's current stock price of $16.42.

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.

3. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the third best oil & gas midstream stock with a Zen Score of 57, which is 20 points higher than the oil & gas midstream industry average of 37. It passed 18 out of 33 due diligence checks and has strong fundamentals. Imperial Petroleum /Marshall Islands has seen its stock return 14.64% over the past year, underperforming other oil & gas midstream stocks by -3 percentage points.

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 17.32%, which is 11 percentage points higher than the oil & gas midstream industry average of 5.94%. 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 12.92%, which is 7 percentage points higher than the oil & gas midstream industry average of 5.94%. Euronav Nv's dividend payout is not stable, having dropped more than 10% eight 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 12.07%, which is 6 percentage points higher than the oil & gas midstream industry average of 5.94%. 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 0.21% in the last day, and up 2.37% 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. International Seaways (NYSE:INSW)


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

International Seaways's stock has gained 26.19% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 9 percentage points.

2. Imperial Petroleum /Marshall Islands (NASDAQ:IMPP)


Imperial Petroleum /Marshall Islands (NASDAQ:IMPP) is the second most undervalued oil & gas midstream stock based on WallStreetZen's Valuation Score. Imperial Petroleum /Marshall Islands has a valuation score of 71, which is 31 points higher than the oil & gas midstream industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Imperial Petroleum /Marshall Islands's stock has gained 14.64% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -3 percentage points.

3. Tsakos Energy Navigation (NYSE:TNP)


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

Tsakos Energy Navigation's stock has gained 31.3% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 14 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 11.87% 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 14.11x.
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.