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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
FRO
FRONTLINE PLC
Bermuda
$4.08B222,622,88925.66%0.00%
TRMD
TORM PLC
United Kingdom
$2.33B84,400,00077.33%0.00%
TNK
TEEKAY TANKERS LTD
Bermuda
$1.39B33,938,94248.77%0.00%
OKE
ONEOK INC
United States
$29.79B447,674,82568.71%1.19%Net BuyingNet Buying
PAA
PLAINS ALL AMERICAN PIPELINE LP
United States
$10.94B698,390,00641.13%50.98%Net SellingNet Selling
INSW
INTERNATIONAL SEAWAYS INC
United States
$2.11B48,889,60951.77%48.23%Net SellingNet Selling
CQP
CHENIERE ENERGY PARTNERS LP
United States
$27.60B484,036,12321.90%78.10%Net BuyingNet Selling
LPG
DORIAN LPG LTD
United States
$1.19B40,392,28234.15%65.85%Net SellingNet Selling
MARPS
MARINE PETROLEUM TRUST
United States
$10.18M2,000,0003.65%0.00%
EURN
EURONAV NV
Belgium
$3.49B201,783,53217.65%0.00%
WES
WESTERN MIDSTREAM PARTNERS LP
United States
$10.37B384,614,61116.82%83.18%Net SellingNet Selling
MPLX
MPLX LP
United States
$35.34B1,001,216,86714.59%85.41%Net Selling
STNG
SCORPIO TANKERS INC
Monaco
$2.90B54,493,65459.41%0.00%
TRGP
TARGA RESOURCES CORP
United States
$19.09B223,712,28480.81%19.19%Net SellingNet Selling
GLP
GLOBAL PARTNERS LP
United States
$1.15B33,995,56331.81%40.45%Net SellingNet Buying
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
Greece
$25.22M16,816,5970.89%0.00%
DHT
DHT HOLDINGS INC
Bermuda
$1.65B163,037,62859.25%0.00%
PAGP
PLAINS GP HOLDINGS LP
United States
$3.20B195,961,64247.51%52.49%Net Buying
GLNG
GOLAR LNG LTD
Bermuda
$2.51B107,225,83267.16%0.00%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
United States
$59.53B2,171,752,33226.10%64.74%Net SellingNet Buying
BANL
CBL INTERNATIONAL LTD
Hong Kong
$29.25M25,000,0000.10%0.00%
LNG
CHENIERE ENERGY INC
United States
$39.50B240,623,21281.46%18.54%Net SellingNet Selling
HEP
HOLLY ENERGY PARTNERS LP
United States
$2.84B126,440,20120.79%79.21%Net Selling
VNOM
VIPER ENERGY PARTNERS LP
United States
$4.53B161,614,00330.23%69.77%Net Selling
PBA
PEMBINA PIPELINE CORP
Canada
$16.72B549,000,00054.16%0.00%
KNTK
KINETIK HOLDINGS INC
United States
$5.04B146,062,51014.02%45.77%Net SellingNet Buying
FLNG
FLEX LNG LTD
Bermuda
$1.62B53,682,14017.55%0.00%
TNP
TSAKOS ENERGY NAVIGATION LTD
Greece
$595.13M29,505,60320.83%0.00%
ET
ENERGY TRANSFER LP
United States
$44.04B3,143,207,05234.17%55.19%Net BuyingNet Buying
WMB
WILLIAMS COMPANIES INC
United States
$41.31B1,216,421,46385.81%5.85%Net BuyingNet Selling
ENB
ENBRIDGE INC
Canada
$69.70B2,022,660,55348.22%0.16%
TRP
TC ENERGY CORP
Canada
$37.51B1,029,000,00073.94%0.00%
GPP
GREEN PLAINS PARTNERS LP
United States
$354.32M23,264,83318.29%39.88%Net SellingNet Buying
CEQP
CRESTWOOD EQUITY PARTNERS LP
United States
$3.07B105,242,30041.64%58.36%Net SellingNet Selling
TK
TEEKAY CORP
Bermuda
$596.79M98,318,39539.82%0.00%
NS
NUSTAR ENERGY LP
United States
$1.99B110,907,17156.36%30.24%Net Selling
HESM
HESS MIDSTREAM LP
United States
$6.92B232,971,76118.66%81.34%Net SellingNet Selling
BROG
BROOGE ENERGY LTD
United Arab Emirates
$585.20M109,587,7543.33%0.00%
AM
ANTERO MIDSTREAM CORP
United States
$5.70B479,678,27347.16%52.84%Net SellingNet Selling
KMI
KINDER MORGAN INC
United States
$37.32B2,228,165,36762.27%16.28%Net SellingNet Selling
ENLC
ENLINK MIDSTREAM LLC
United States
$5.85B461,497,73030.49%69.51%Net SellingNet Selling
NVGS
NAVIGATOR HOLDINGS LTD
United Kingdom
$1.09B73,502,02118.78%0.00%
GEL
GENESIS ENERGY LP
United States
$1.28B122,579,21863.28%36.72%Net SellingNet Selling
PBT
PERMIAN BASIN ROYALTY TRUST
United States
$1.02B46,608,79628.10%0.00%
DLNG
DYNAGAS LNG PARTNERS LP
Monaco
$97.53M36,802,2477.58%0.00%
DTM
DT MIDSTREAM INC
United States
$5.21B96,902,27780.08%0.18%Net SellingNet Selling
NGL
NGL ENERGY PARTNERS LP
United States
$505.28M131,927,34334.17%31.14%Net Buying
ETRN
EQUITRANS MIDSTREAM CORP
United States
$4.12B433,261,00086.66%6.67%Net Buying
OSG
OVERSEAS SHIPHOLDING GROUP INC
United States
$327.47M76,689,7789.35%90.65%Net SellingNet Selling
SMLP
SUMMIT MIDSTREAM PARTNERS LP
United States
$139.04M10,376,1892.73%97.27%Net Selling
MMLP
MARTIN MIDSTREAM PARTNERS LP
United States
$114.41M38,914,80622.06%77.94%Net BuyingNet Buying
SNMP
EVOLVE TRANSITION INFRASTRUCTURE LP
United States
$15.21M8,451,5720.00%100.00%

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.