Sectors & IndustriesEnergy
Best Energy Stocks to Buy Now (2024)
Top energy stocks in 2024 ranked by overall Zen Score. See the best energy stocks to buy now, according to analyst forecasts for the energy sector.

Sector: Energy

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
PTEN	PATTERSON UTI ENERGY INC	NASDAQ	Oil & Gas Drilling	$4.74B	$11.60	2.29%	$1.09B	13.18x	0.54
CHRD	CHORD ENERGY CORP	NASDAQ	Oil & Gas E&P	$7.59B	$183.12	0.56%	$1.97B	7.45x	0.36
INSW	INTERNATIONAL SEAWAYS INC	NYSE	Oil & Gas Midstream	$2.64B	$53.91	0.58%	$755.12M	4.75x	0.47
EURN	EURONAV NV	NYSE	Oil & Gas Midstream	$3.22B	$16.56	1.66%	$1.26B	3.90x	0.45
PARR	PAR PACIFIC HOLDINGS INC	NYSE	Oil & Gas Refining & Marketing	$1.95B	$32.75	1.46%	$805.59M	2.70x	1.89
PUMP	PROPETRO HOLDING CORP	NYSE	Oil & Gas Equipment & Services	$929.38M	$8.64	2.25%	$301.70M	11.37x	0.48
VAL	VALARIS LTD	NYSE	Oil & Gas Equipment & Services	$5.00B	$69.12	1.41%	$252.80M	5.92x	1.17
TRMD	TORM PLC	NASDAQ	Oil & Gas Midstream	$2.88B	$33.35	1.77%	$862.47M	4.30x	0.72
SM	SM ENERGY CO	NYSE	Oil & Gas E&P	$5.77B	$49.81	1.97%	$1.70B	7.23x	0.76
TNK	TEEKAY TANKERS LTD	NYSE	Oil & Gas Midstream	$1.93B	$56.47	0.36%	$648.42M	3.75x	0.23
SDPI	SUPERIOR DRILLING PRODUCTS INC	NYSEMKT	Oil & Gas Equipment & Services	$37.99M	$1.25	-0.79%	$3.64M	5.00x	0.62
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	NASDAQ	Oil & Gas Midstream	$98.08M	$3.29	1.23%	$88.65M	1.02x	0.04
GPRK	GEOPARK LTD	NYSE	Oil & Gas E&P	$540.55M	$9.77	0.72%	$381.26M	5.01x	4.78
SBOW	SILVERBOW RESOURCES INC	NYSE	Oil & Gas E&P	$776.37M	$30.53	1.26%	$680.56M	2.40x	1.30
PFIE	PROFIRE ENERGY INC	NASDAQ	Oil & Gas Equipment & Services	$88.07M	$1.87	6.25%	$13.56M	8.13x	0.17
MGY	MAGNOLIA OIL & GAS CORP	NYSE	Oil & Gas E&P	$5.31B	$25.99	1.05%	$820.33M	12.74x	0.52
SWN	SOUTHWESTERN ENERGY CO	NYSE	Oil & Gas E&P	$8.14B	$7.39	-0.14%	$2.86B	5.24x	1.04
VLO	VALERO ENERGY CORP	NYSE	Oil & Gas Refining & Marketing	$55.70B	$167.54	0.99%	$14.75B	6.72x	1.31
NFG	NATIONAL FUEL GAS CO	NYSE	Oil & Gas Integrated	$4.95B	$53.75	0.34%	$1.15B	11.22x	1.71
FANG	DIAMONDBACK ENERGY INC	NASDAQ	Oil & Gas E&P	$36.47B	$204.37	0.88%	$5.98B	11.79x	0.70
VIST	VISTA ENERGY SAB DE CV	NYSE	Oil & Gas E&P	$4.21B	$44.17	1.40%	$843.67M	10.42x	1.08
CQP	CHENIERE ENERGY PARTNERS LP	NYSE	Oil & Gas Midstream	$23.22B	$47.97	-1.42%	$5.75B	6.90x	-24.09
RNGR	RANGER ENERGY SERVICES INC	NYSE	Oil & Gas Equipment & Services	$241.13M	$10.64	-0.84%	$74.40M	10.97x	0.39
LPG	DORIAN LPG LTD	NYSE	Oil & Gas Midstream	$1.69B	$41.74	2.08%	$435.96M	5.51x	0.85
GPOR	GULFPORT ENERGY CORP	NYSE	Oil & Gas E&P	$2.85B	$156.75	0.60%	$1.32B	2.33x	0.49
DVN	DEVON ENERGY CORP	NYSE	Oil & Gas E&P	$33.38B	$52.57	0.84%	$7.45B	8.97x	1.02
OKE	ONEOK INC	NYSE	Oil & Gas Midstream	$46.86B	$80.35	0.55%	$5.13B	14.64x	1.69
NVGS	NAVIGATOR HOLDINGS LTD	NYSE	Oil & Gas Midstream	$1.10B	$15.01	0.27%	$280.68M	13.52x	0.82
BSM	BLACK STONE MINERALS LP	NYSE	Oil & Gas E&P	$3.54B	$15.75	0.77%	$472.03M	8.25x	0.05
WFRD	WEATHERFORD INTERNATIONAL PLC	NASDAQ	Oil & Gas Equipment & Services	$8.54B	$118.09	2.60%	$924.00M	20.40x	4.49
MPC	MARATHON PETROLEUM CORP	NYSE	Oil & Gas Refining & Marketing	$72.15B	$199.65	0.71%	$16.33B	8.41x	2.24
DTI	DRILLING TOOLS INTERNATIONAL CORP	NASDAQ	Oil & Gas Equipment & Services	$156.88M	$5.27	-2.23%	$45.76M	7.87x	0.49
EPD	ENTERPRISE PRODUCTS PARTNERS LP	NYSE	Oil & Gas Midstream	$62.68B	$28.91	-0.31%	$8.92B	11.47x	1.53
PBF	PBF ENERGY INC	NYSE	Oil & Gas Refining & Marketing	$6.86B	$57.39	1.49%	$3.52B	3.35x	1.20
PR	PERMIAN RESOURCES CORP	NYSE	Oil & Gas E&P	$13.26B	$17.18	0.06%	$1.82B	12.63x	0.91
VTLE	VITAL ENERGY INC	NYSE	Oil & Gas E&P	$2.03B	$55.36	1.45%	$1.12B	1.61x	0.85
TPL	TEXAS PACIFIC LAND CORP	NYSE	Oil & Gas E&P	$13.52B	$587.81	0.34%	$532.32M	33.39x	0.11
CVI	CVR ENERGY INC	NYSE	Oil & Gas Refining & Marketing	$3.39B	$33.69	1.78%	$1.33B	4.40x	4.33
BKR	BAKER HUGHES CO	NASDAQ	Oil & Gas Equipment & Services	$33.03B	$33.00	1.66%	$3.93B	17.10x	1.39
DMLP	DORCHESTER MINERALS LP	NASDAQ	Oil & Gas E&P	$1.38B	$34.82	1.02%	$140.62M	12.22x	0.03
HES	HESS CORP	NYSE	Oil & Gas E&P	$48.20B	$156.94	0.45%	$4.64B	34.72x	1.60
RES	RPC INC	NYSE	Oil & Gas Equipment & Services	$1.73B	$8.03	1.01%	$364.71M	8.92x	0.26
TNP	TSAKOS ENERGY NAVIGATION LTD	NYSE	Oil & Gas Midstream	$729.97M	$24.74	0.32%	$524.12M	2.74x	1.06
SU	SUNCOR ENERGY INC	NYSE	Oil & Gas Integrated	$50.51B	$39.15	0.18%	$13.84B	8.40x	1.05
HAL	HALLIBURTON CO	NYSE	Oil & Gas Equipment & Services	$34.35B	$38.59	-0.34%	$4.73B	13.17x	1.62
DNOW	DNOW INC	NYSE	Oil & Gas Equipment & Services	$1.61B	$15.15	4.27%	$163.00M	6.70x	0.44
WKC	WORLD KINECT CORP	NYSE	Oil & Gas Refining & Marketing	$1.51B	$25.17	2.11%	$332.80M	29.27x	2.79
PXD	PIONEER NATURAL RESOURCES CO	NYSE	Oil & Gas E&P	$64.30B	$275.23	0.63%	$9.26B	13.18x	0.58
STNG	SCORPIO TANKERS INC	NYSE	Oil & Gas Midstream	$3.75B	$70.64	1.15%	$932.63M	6.77x	0.66
DHT	DHT HOLDINGS INC	NYSE	Oil & Gas Midstream	$1.82B	$11.33	1.25%	$303.97M	11.44x	0.45
WHD	CACTUS INC	NYSE	Oil & Gas Equipment & Services	$4.17B	$52.58	2.64%	$288.23M	20.07x	0.53
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	NYSE	Oil & Gas Equipment & Services	$369.90M	$8.60	2.14%	$71.65M	11.03x	0.74
LNG	CHENIERE ENERGY INC	NYSE	Oil & Gas Midstream	$37.29B	$158.90	-0.97%	$15.36B	3.88x	6.73
FLNG	FLEX LNG LTD	NYSE	Oil & Gas Midstream	$1.39B	$25.96	0.62%	$302.20M	11.59x	2.20
GEOS	GEOSPACE TECHNOLOGIES CORP	NASDAQ	Oil & Gas Equipment & Services	$166.86M	$12.53	2.29%	$41.55M	6.59x	0.14
E	ENI SPA	NYSE	Oil & Gas Integrated	$56.21B	$33.30	1.49%	$19.66B	10.86x	1.67
LBRT	LIBERTY ENERGY INC	NYSE	Oil & Gas Equipment & Services	$3.80B	$22.81	3.12%	$1.10B	8.12x	0.64
WES	WESTERN MIDSTREAM PARTNERS LP	NYSE	Oil & Gas Midstream	$13.55B	$35.60	-0.31%	$1.98B	13.64x	3.26
TRP	TC ENERGY CORP	NYSE	Oil & Gas Midstream	$37.38B	$36.03	0.33%	$7.34B	17.69x	2.91
MXC	MEXCO ENERGY CORP	NYSEMKT	Oil & Gas E&P	$27.04M	$12.89	2.22%	$4.30M	13.86x	0.07
PHX	PHX MINERALS INC	NYSE	Oil & Gas E&P	$124.67M	$3.33	-0.60%	$29.58M	8.54x	0.35
SLB	SCHLUMBERGER LIMITED	NYSE	Oil & Gas Equipment & Services	$70.73B	$49.55	0.08%	$8.03B	16.80x	1.32
NOG	NORTHERN OIL & GAS INC	NYSE	Oil & Gas E&P	$4.35B	$43.11	1.05%	$1.62B	4.27x	1.19
GLP	GLOBAL PARTNERS LP	NYSE	Oil & Gas Midstream	$1.60B	$46.95	1.54%	$356.36M	12.45x	3.30
MUR	MURPHY OIL CORP	NYSE	Oil & Gas E&P	$7.05B	$46.16	0.24%	$1.83B	10.84x	0.79
CNQ	CANADIAN NATURAL RESOURCES LTD	NYSE	Oil & Gas E&P	$82.65B	$77.07	0.39%	$12.66B	13.90x	0.91
YPF	YPF SOCIEDAD ANONIMA	NYSE	Oil & Gas Integrated	$8.21B	$20.87	0.38%	$8.17B	3.68x	1.47
EOG	EOG RESOURCES INC	NYSE	Oil & Gas E&P	$78.18B	$134.80	0.67%	$13.33B	10.31x	0.56
MRO	MARATHON OIL CORP	NYSE	Oil & Gas E&P	$16.06B	$27.82	0.61%	$4.47B	10.87x	0.75
CVE	CENOVUS ENERGY INC	NYSE	Oil & Gas Integrated	$39.81B	$21.27	0.81%	$7.67B	13.35x	0.88
MPLX	MPLX LP	NYSE	Oil & Gas Midstream	$41.92B	$41.48	0.70%	$6.05B	10.92x	1.84
CVX	CHEVRON CORP	NYSE	Oil & Gas Integrated	$302.46B	$162.85	0.57%	$47.34B	14.27x	0.62
EPSN	EPSILON ENERGY LTD	NASDAQ	Oil & Gas E&P	$118.33M	$5.40	3.05%	$17.91M	17.42x	0.23
TK	TEEKAY CORP	NYSE	Oil & Gas Midstream	$662.53M	$7.28	0.83%	$288.36M	4.58x	0.54
MTDR	MATADOR RESOURCES CO	NYSE	Oil & Gas E&P	$7.79B	$65.14	0.71%	$1.87B	9.17x	0.92
MRC	MRC GLOBAL INC	NYSE	Oil & Gas Equipment & Services	$1.02B	$12.05	1.95%	$225.00M	11.26x	2.87
COP	CONOCOPHILLIPS	NYSE	Oil & Gas E&P	$152.74B	$129.84	0.39%	$25.34B	14.30x	0.95
XOM	EXXON MOBIL CORP	NYSE	Oil & Gas Integrated	$480.23B	$121.03	0.39%	$72.93B	13.61x	0.80
WMB	WILLIAMS COMPANIES INC	NYSE	Oil & Gas Midstream	$47.19B	$38.78	0.31%	$7.49B	14.86x	3.04
KNTK	KINETIK HOLDINGS INC	NYSE	Oil & Gas Midstream	$5.83B	$38.56	-1.18%	$640.38M	7.34x	-7.29
EGY	VAALCO ENERGY INC	NYSE	Oil & Gas E&P	$664.05M	$6.43	-3.31%	$271.89M	11.48x	0.72
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	NYSE	Oil & Gas Equipment & Services	$594.11M	$21.35	1.96%	$186.93M	12.20x	3.34
EQNR	EQUINOR ASA	NYSE	Oil & Gas Integrated	$79.86B	$27.12	-0.04%	$50.16B	6.90x	1.96
PBR	PETROBRAS - PETROLEO BRASILEIRO	NYSE	Oil & Gas Integrated	$109.73B	$16.96	0.12%	$52.49B	4.44x	1.76
AMPY	AMPLIFY ENERGY CORP	NYSE	Oil & Gas E&P	$291.29M	$7.38	-1.60%	$189.49M	0.77x	0.89
BOOM	DMC GLOBAL INC	NASDAQ	Oil & Gas Equipment & Services	$331.22M	$16.74	-0.83%	$87.40M	15.50x	0.70
EQT	EQT CORP	NYSE	Oil & Gas E&P	$16.73B	$37.98	0.03%	$4.07B	8.33x	0.71
CTRA	COTERRA ENERGY INC	NYSE	Oil & Gas E&P	$21.15B	$28.13	0.68%	$3.84B	13.14x	0.57
APA	APA CORP	NASDAQ	Oil & Gas E&P	$9.68B	$32.06	-1.26%	$4.38B	3.46x	4.35
REPX	RILEY EXPLORATION PERMIAN INC	NYSEMKT	Oil & Gas E&P	$577.73M	$28.32	1.14%	$242.92M	5.00x	1.24
SLCA	US SILICA HOLDINGS INC	NYSE	Oil & Gas Equipment & Services	$1.01B	$12.97	3.10%	$434.97M	6.79x	1.46
CIVI	CIVITAS RESOURCES INC	NYSE	Oil & Gas E&P	$7.40B	$73.29	0.47%	$2.35B	8.06x	1.28
CHX	CHAMPIONX CORP	NASDAQ	Oil & Gas Equipment & Services	$6.71B	$35.10	-0.40%	$709.84M	21.94x	0.94
NGS	NATURAL GAS SERVICES GROUP INC	NYSE	Oil & Gas Equipment & Services	$301.10M	$24.21	2.02%	$37.25M	62.08x	1.03
VNOM	VIPER ENERGY INC	NASDAQ	Oil & Gas Midstream	$7.07B	$39.98	2.15%	$441.07M	14.86x	1.10
TRGP	TARGA RESOURCES CORP	NYSE	Oil & Gas Midstream	$25.89B	$116.01	1.93%	$3.73B	31.44x	5.86
RRC	RANGE RESOURCES CORP	NYSE	Oil & Gas E&P	$8.88B	$36.58	1.30%	$1.08B	18.20x	0.93
DINO	HF SINCLAIR CORP	NYSE	Oil & Gas Refining & Marketing	$11.41B	$57.46	0.51%	$2.99B	6.93x	0.74
CRK	COMSTOCK RESOURCES INC	NYSE	Oil & Gas E&P	$2.72B	$9.78	0.51%	$1.02B	12.87x	1.64
PSX	PHILLIPS 66	NYSE	Oil & Gas Refining & Marketing	$67.96B	$158.84	1.14%	$12.12B	10.21x	1.43

Energy Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Oil & Gas Drilling	10	+3.39%	+2.25%	-1.70%	+0.93%	9.18x	1.01x	+6.94%	+4.92%	+8.18%	+33.17%	Buy
Oil & Gas E&P	83	+0.67%	+0.86%	+3.01%	+17.84%	13.45x	2.15x	+23.11%	+11.39%	+17.17%	+14.04%	Buy
Oil & Gas Equipment & Services	50	+1.71%	+1.40%	-0.29%	+21.42%	27.73x	2.73x	+20.95%	+8.18%	+14.43%	+19.57%	Buy
Oil & Gas Integrated	16	+0.43%	+2.76%	+5.00%	+8.68%	11.30x	1.67x	+17.50%	+8.07%	+16.46%	+18.00%	Buy
Oil & Gas Midstream	48	+0.59%	+2.44%	+1.17%	+17.18%	14.02x	2.33x	+28.58%	+8.13%	+12.10%	+11.70%	Buy
Oil & Gas Refining & Marketing	21	+1.14%	+0.68%	-1.84%	+24.19%	8.64x	2.29x	+34.01%	+10.84%	+19.88%	+8.89%	Buy

Energy Stocks FAQ

What are the best energy stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best energy stocks to buy right now are:

1. International Seaways (NYSE:INSW)

International Seaways (NYSE:INSW) is the top energy stock with a Zen Score of 61, which is 26 points higher than the energy sector average of 35. It passed 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 26.97% over the past year, overperforming other energy stocks by 10 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 20.57% from International Seaways's current stock price of $53.91.

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. Chord Energy (NASDAQ:CHRD)

Chord Energy (NASDAQ:CHRD) is the second best energy stock with a Zen Score of 61, which is 26 points higher than the energy sector average of 35. It passed 24 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 27.08% over the past year, overperforming other energy stocks by 10 percentage points.

Chord Energy has an average 1 year price target of $204.83, an upside of 11.86% from Chord Energy's current stock price of $183.12.

Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chord Energy, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Patterson Uti Energy (NASDAQ:PTEN)

Patterson Uti Energy (NASDAQ:PTEN) is the third best energy stock with a Zen Score of 61, which is 26 points higher than the energy sector average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -6.98% over the past year, underperforming other energy stocks by -24 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.75, an upside of 35.78% from Patterson Uti Energy's current stock price of $11.60.

Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Patterson Uti Energy, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the energy stocks with highest dividends?

Out of 120 energy stocks that have issued dividends in the past year, the 3 energy stocks with the highest dividend yields are:

1. Icahn Enterprises (NASDAQ:IEP)

Icahn Enterprises (NASDAQ:IEP) has an annual dividend yield of 29.41%, which is 25 percentage points higher than the energy sector average of 4.7%. Icahn Enterprises's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Icahn Enterprises's dividend has not shown consistent growth over the last 10 years.

Icahn Enterprises's dividend payout ratio of -342.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ecopetrol Sa (NYSE:EC)

Ecopetrol Sa (NYSE:EC) has an annual dividend yield of 27.99%, which is 23 percentage points higher than the energy sector average of 4.7%. Ecopetrol Sa's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Ecopetrol Sa's dividend has not shown consistent growth over the last 10 years.

Ecopetrol Sa's dividend payout ratio of 125.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Sandridge Energy (NYSE:SD)

Sandridge Energy (NYSE:SD) has an annual dividend yield of 25.83%, which is 21 percentage points higher than the energy sector average of 4.7%.

Sandridge Energy's dividend payout ratio of 224.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are energy stocks up?

Energy stocks were up 0.93% in the last day, and up 1.43% over the last week. Weatherford International was the among the top gainers in the energy sector, gaining 2.6% yesterday.

Weatherford International shares are trading higher after the company reported better-than-expected Q1 financial results.

What are the most undervalued energy stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued energy stocks right now are:

1. Chord Energy (NASDAQ:CHRD)

Chord Energy (NASDAQ:CHRD) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Chord Energy has a valuation score of 86, which is 47 points higher than the energy sector average of 39. It passed 6 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 27.08% in the past year. It has overperformed other stocks in the energy sector by 10 percentage points.

2. Highpeak Energy (NASDAQ:HPK)

Highpeak Energy (NASDAQ:HPK) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. Highpeak Energy has a valuation score of 86, which is 47 points higher than the energy sector average of 39. It passed 6 out of 7 valuation due diligence checks.

Highpeak Energy's stock has dropped -28.22% in the past year. It has underperformed other stocks in the energy sector by -45 percentage points.

3. Profire Energy (NASDAQ:PFIE)

Profire Energy (NASDAQ:PFIE) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Profire Energy has a valuation score of 86, which is 47 points higher than the energy sector average of 39. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 57.14% in the past year. It has overperformed other stocks in the energy sector by 40 percentage points.

Are energy stocks a good buy now?

48.73% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 14.89% over the next year.

What is the average p/e ratio of the energy sector?

The average P/E ratio of the energy sector is 13.04x.

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.