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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
TEN
TSAKOS ENERGY NAVIGATION LTD
Greece
$602.50M29,505,60323.53%0.00%
EPD
ENTERPRISE PRODUCTS PARTNERS LP
United States
$65.96B2,167,574,96625.49%64.89%Net SellingNet Buying
TNK
TEEKAY TANKERS LTD
Bermuda
$1.51B34,200,00054.40%0.00%
STNG
SCORPIO TANKERS INC
Monaco
$2.55B47,941,73474.64%0.00%
CMBT
CMBTECH NV
Belgium
$2.51B196,654,2662.40%0.00%
TRMD
TORM PLC
United Kingdom
$2.15B93,700,00068.05%0.00%
WES
WESTERN MIDSTREAM PARTNERS LP
United States
$13.78B380,555,42716.00%84.00%Net SellingNet Selling
INSW
INTERNATIONAL SEAWAYS INC
United States
$2.06B49,192,83854.16%45.84%Net SellingNet Selling
DHT
DHT HOLDINGS INC
Bermuda
$1.64B161,464,48761.25%0.00%
MPLX
MPLX LP
United States
$46.87B1,018,812,09715.38%84.62%Net Selling
FRO
FRONTLINE PLC
Bermuda
$4.13B222,622,88923.38%0.00%
LPG
DORIAN LPG LTD
United States
$1.14B42,804,47937.67%62.33%Net Selling
ET
ENERGY TRANSFER LP
United States
$58.38B3,423,916,51732.80%50.92%Net BuyingNet Buying
TRGP
TARGA RESOURCES CORP
United States
$42.37B218,063,40380.74%19.26%Net SellingNet Selling
LNG
CHENIERE ENERGY INC
United States
$48.03B224,365,06680.77%19.23%Net SellingNet Selling
FLNG
FLEX LNG LTD
Bermuda
$1.34B53,870,83220.78%0.00%
OKE
ONEOK INC
United States
$62.99B584,184,19168.95%0.94%Net SellingNet Selling
KNTK
KINETIK HOLDINGS INC
United States
$8.85B157,537,30732.41%40.01%Net Selling
GLP
GLOBAL PARTNERS LP
United States
$1.65B33,995,56341.57%41.43%Net BuyingNet Buying
AM
ANTERO MIDSTREAM CORP
United States
$7.42B481,324,00048.26%51.74%Net SellingNet Selling
TK
TEEKAY CORP
Bermuda
$706.21M91,006,18249.10%0.00%
PBA
PEMBINA PIPELINE CORP
Canada
$24.04B580,000,00057.50%0.00%
NVGS
NAVIGATOR HOLDINGS LTD
United Kingdom
$1.08B69,453,43128.10%0.00%
PAA
PLAINS ALL AMERICAN PIPELINE LP
United States
$11.89B703,669,05941.63%49.55%Net SellingNet Selling
DLNG
DYNAGAS LNG PARTNERS LP
Monaco
$149.05M36,802,2478.09%0.00%
PAGP
PLAINS GP HOLDINGS LP
United States
$3.53B197,465,69946.76%53.24%
ENB
ENBRIDGE INC
Canada
$91.87B2,177,956,19550.50%0.15%
VNOM
VIPER ENERGY INC
United States
$9.95B188,408,59543.11%26.59%Net Selling
WMB
WILLIAMS COMPANIES INC
United States
$69.17B1,219,011,79887.17%5.91%Net SellingNet Selling
MARPS
MARINE PETROLEUM TRUST
United States
$7.92M2,000,0001.92%0.00%
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
Greece
$105.86M30,331,6617.91%0.00%
DTM
DT MIDSTREAM INC
United States
$9.69B97,156,14480.69%0.25%Net Selling
CQP
CHENIERE ENERGY PARTNERS LP
United States
$24.11B484,046,62321.87%78.13%Net SellingNet Selling
TRP
TC ENERGY CORP
Canada
$50.16B1,037,487,82976.10%0.00%
KMI
KINDER MORGAN INC
United States
$60.38B2,221,640,14565.13%16.29%Net SellingNet Selling
EE
EXCELERATE ENERGY INC
United States
$2.97B106,284,49221.95%77.97%Net Selling
HESM
HESS MIDSTREAM LP
United States
$3.62B104,071,38328.03%71.97%Net SellingNet Selling
ENLC
ENLINK MIDSTREAM LLC
United States
$7.00B457,073,08146.28%53.72%Net SellingNet Selling
MMLP
MARTIN MIDSTREAM PARTNERS LP
United States
$154.44M39,001,08622.79%77.21%Net BuyingNet Buying
BANL
CBL INTERNATIONAL LTD
Hong Kong
$26.00M25,000,0000.05%0.00%
GLNG
GOLAR LNG LTD
Bermuda
$3.81B104,578,08067.08%0.00%
PBT
PERMIAN BASIN ROYALTY TRUST
United States
$575.62M46,608,79628.08%0.00%
BROG
BROOGE ENERGY LTD
United Arab Emirates
$130.41M109,587,7545.98%0.00%
GEL
GENESIS ENERGY LP
United States
$1.32B122,464,31864.35%35.65%Net SellingNet Selling
SOBO
SOUTH BOW CORP
Canada (Federal Level)
$5.08B207,497,5650.00%0.00%
NGL
NGL ENERGY PARTNERS LP
United States
$545.21M132,012,76643.59%31.29%Net Buying
SMC
SUMMIT MIDSTREAM CORP
United States
$380.48M10,648,6852.08%97.92%Net Selling

Oil & Gas Midstream Stocks FAQ

What are the best oil & gas midstream stocks to buy right now in Nov 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 60, which is 24 points higher than the oil & gas midstream industry average of 36. It passed 22 out of 38 due diligence checks and has strong fundamentals. Tsakos Energy Navigation has seen its stock lose -7.22% over the past year, underperforming other oil & gas midstream stocks by -35 percentage points.

Tsakos Energy Navigation has an average 1 year price target of $27.00, an upside of 32.22% from Tsakos Energy Navigation's current stock price of $20.42.

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 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. Enterprise Products Partners has seen its stock return 17.08% over the past year, underperforming other oil & gas midstream stocks by -11 percentage points.

Enterprise Products Partners has an average 1 year price target of $34.80, an upside of 14.36% from Enterprise Products Partners's current stock price of $30.43.

Enterprise Products Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Enterprise Products Partners, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Teekay Tankers (NYSE:TNK)


Teekay Tankers (NYSE:TNK) is the third best oil & gas midstream stock with a Zen Score of 54, which is 18 points higher than the oil & gas midstream industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock lose -16.38% over the past year, underperforming other oil & gas midstream stocks by -45 percentage points.

Teekay Tankers has an average 1 year price target of $69.33, an upside of 57.04% from Teekay Tankers's current stock price of $44.15.

Teekay Tankers stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Teekay Tankers, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% 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 35 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 26.67%, which is 20 percentage points higher than the oil & gas midstream industry average of 6.44%. 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. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) has an annual dividend yield of 15.05%, which is 9 percentage points higher than the oil & gas midstream industry average of 6.44%.

Dorian Lpg's dividend payout ratio of 50.8% indicates that its high dividend yield is sustainable for the long-term.

3. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) has an annual dividend yield of 13.88%, which is 7 percentage points higher than the oil & gas midstream industry average of 6.44%. International Seaways's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. International Seaways's dividend has shown consistent growth over the last 10 years.

International Seaways's dividend payout ratio of 55.8% indicates that its high dividend yield is sustainable for the long-term.

Why are oil & gas midstream stocks down?

Oil & gas midstream stocks were down -0.97% in the last day, and up 4.01% over the last week.

We couldn't find a catalyst for why oil & gas midstream stocks are down.

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 39 points higher than the oil & gas midstream industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Plains All American Pipeline's stock has gained 10.17% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -18 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 39 points higher than the oil & gas midstream industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Tsakos Energy Navigation's stock has dropped -7.22% in the past year. It has underperformed other stocks in the oil & gas midstream industry by -35 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 39 points higher than the oil & gas midstream industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Dynagas Lng Partners's stock has gained 58.2% in the past year. It has overperformed other stocks in the oil & gas midstream industry by 30 percentage points.

Are oil & gas midstream stocks a good buy now?

39.39% of oil & gas midstream stocks rated by analysts are a buy right now. On average, analysts expect oil & gas midstream stocks to rise by 6.59% 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 17.65x.
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.