Sectors & IndustriesEnergy
Best Energy Stocks to Buy Now (2023)
Top energy stocks in 2023 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
MGY	MAGNOLIA OIL & GAS CORP	NYSE	Oil & Gas E&P	$4.71B	$22.47	-1.66%	$958.39M	6.46x	0.46
FRO	FRONTLINE PLC	NYSE	Oil & Gas Midstream	$3.86B	$17.35	2.54%	N/A	4.60x	1.05
SM	SM ENERGY CO	NYSE	Oil & Gas E&P	$4.50B	$37.95	-3.41%	$2.06B	4.26x	0.82
VTNR	VERTEX ENERGY INC	NASDAQ	Oil & Gas Refining & Marketing	$466.45M	$5.00	-0.99%	$148.37M	7.94x	2.57
TRMD	TORM PLC	NASDAQ	Oil & Gas Midstream	$2.25B	$26.63	2.66%	$975.26M	2.78x	0.83
BSM	BLACK STONE MINERALS LP	NYSE	Oil & Gas E&P	$3.89B	$17.31	0.82%	$618.04M	6.66x	0.04
VLO	VALERO ENERGY CORP	NYSE	Oil & Gas Refining & Marketing	$50.49B	$142.97	0.22%	$17.41B	4.93x	1.26
PXD	PIONEER NATURAL RESOURCES CO	NYSE	Oil & Gas E&P	$53.34B	$228.77	-2.21%	$10.11B	9.36x	0.61
MUR	MURPHY OIL CORP	NYSE	Oil & Gas E&P	$6.92B	$44.33	-2.01%	$2.29B	6.77x	0.93
TNK	TEEKAY TANKERS LTD	NYSE	Oil & Gas Midstream	$1.32B	$39.00	0.18%	$680.55M	2.48x	0.32
GPRK	GEOPARK LTD	NYSE	Oil & Gas E&P	$582.30M	$10.11	-0.49%	$492.49M	3.19x	5.40
PUMP	PROPETRO HOLDING CORP	NYSE	Oil & Gas Equipment & Services	$1.16B	$10.32	-0.29%	$291.95M	12.59x	0.42
SD	SANDRIDGE ENERGY INC	NYSE	Oil & Gas E&P	$570.01M	$15.42	-0.52%	$147.45M	2.85x	0.24
SBOW	SILVERBOW RESOURCES INC	NYSE	Oil & Gas E&P	$778.05M	$34.40	-2.71%	$720.14M	1.61x	1.02
CVE	CENOVUS ENERGY INC	NYSE	Oil & Gas Integrated	$38.21B	$20.15	-2.14%	$7.88B	13.10x	0.97
DTI	DRILLING TOOLS INTERNATIONAL CORP	NASDAQ	Oil & Gas Equipment & Services	$117.59M	$3.95	-1.99%	$64.17M	4.49x	0.72
BKR	BAKER HUGHES CO	NASDAQ	Oil & Gas Equipment & Services	$36.15B	$35.80	-1.05%	$3.15B	31.13x	1.38
EQNR	EQUINOR ASA	NYSE	Oil & Gas Integrated	$102.71B	$32.90	-0.15%	$86.38B	3.63x	1.93
CHRD	CHORD ENERGY CORP	NASDAQ	Oil & Gas E&P	$6.45B	$155.26	-0.41%	$2.47B	3.94x	0.36
PARR	PAR PACIFIC HOLDINGS INC	NYSE	Oil & Gas Refining & Marketing	$2.05B	$33.54	-0.71%	$790.06M	3.23x	2.93
EQT	EQT CORP	NYSE	Oil & Gas E&P	$14.47B	$40.00	-2.42%	$6.41B	4.14x	0.77
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	NYSE	Oil & Gas Equipment & Services	$458.27M	$10.38	-0.10%	$72.22M	12.36x	0.87
OKE	ONEOK INC	NYSE	Oil & Gas Midstream	$30.00B	$67.01	-1.14%	$4.51B	12.34x	2.33
NFG	NATIONAL FUEL GAS CO	NYSE	Oil & Gas Integrated	$4.89B	$53.28	-0.71%	$1.21B	8.71x	1.76
VET	VERMILION ENERGY INC	NYSE	Oil & Gas E&P	$2.35B	$14.29	-2.59%	$1.97B	2.62x	0.88
FANG	DIAMONDBACK ENERGY INC	NASDAQ	Oil & Gas E&P	$27.34B	$152.89	-1.61%	$6.10B	7.93x	0.73
ESTE	EARTHSTONE ENERGY INC	NYSE	Oil & Gas E&P	$2.69B	$19.11	-0.93%	$1.11B	4.40x	0.93
PAA	PLAINS ALL AMERICAN PIPELINE LP	NASDAQ	Oil & Gas Midstream	$10.90B	$15.61	1.10%	$2.98B	9.64x	1.28
PBF	PBF ENERGY INC	NYSE	Oil & Gas Refining & Marketing	$6.54B	$52.90	-0.28%	$4.73B	2.14x	1.30
INSW	INTERNATIONAL SEAWAYS INC	NYSE	Oil & Gas Midstream	$2.05B	$41.95	-0.33%	$844.07M	3.14x	0.64
SUN	SUNOCO LP	NYSE	Oil & Gas Refining & Marketing	$4.80B	$47.82	0.86%	$793.00M	14.06x	5.79
BRY	BERRY CORP (BRY)	NASDAQ	Oil & Gas E&P	$610.59M	$8.07	-0.74%	$441.04M	2.20x	1.00
EPSN	EPSILON ENERGY LTD	NASDAQ	Oil & Gas E&P	$115.92M	$5.23	1.36%	$37.19M	5.23x	0.18
AR	ANTERO RESOURCES CORP	NYSE	Oil & Gas E&P	$7.50B	$24.96	-3.70%	$2.52B	5.36x	0.98
CRK	COMSTOCK RESOURCES INC	NYSE	Oil & Gas E&P	$2.97B	$10.65	-3.97%	$1.87B	2.69x	1.54
CTRA	COTERRA ENERGY INC	NYSE	Oil & Gas E&P	$20.33B	$26.92	-2.25%	$5.63B	6.76x	0.57
TTE	TOTALENERGIES SE	NYSE	Oil & Gas Integrated	$165.76B	$66.35	0.03%	$53.20B	8.57x	1.45
CQP	CHENIERE ENERGY PARTNERS LP	NYSEMKT	Oil & Gas Midstream	$27.70B	$57.22	3.70%	$6.08B	7.65x	-19.70
LBRT	LIBERTY ENERGY INC	NYSE	Oil & Gas Equipment & Services	$3.06B	$17.97	-0.61%	$1.11B	5.24x	0.75
PBR	PETROBRAS - PETROLEO BRASILEIRO	NYSE	Oil & Gas Integrated	$99.98B	$15.33	0.33%	$70.11B	2.73x	1.69
ACDC	PROFRAC HOLDING CORP	NASDAQ	Oil & Gas Equipment & Services	$1.74B	$10.92	-2.20%	$615.48M	4.81x	1.66
RES	RPC INC	NYSE	Oil & Gas Equipment & Services	$1.88B	$8.70	-1.47%	$479.41M	6.44x	0.24
MXC	MEXCO ENERGY CORP	NYSEMKT	Oil & Gas E&P	$27.95M	$13.14	-1.87%	$6.03M	7.38x	0.06
E	ENI SPA	NYSE	Oil & Gas Integrated	$57.66B	$32.29	-0.55%	$32.72B	3.75x	1.77
DINO	HF SINCLAIR CORP	NYSE	Oil & Gas Refining & Marketing	$10.77B	$58.52	-0.95%	$4.04B	4.96x	0.79
PNRG	PRIMEENERGY RESOURCES CORP	NASDAQ	Oil & Gas E&P	$213.26M	$116.20	-1.95%	$73.91M	5.85x	0.66
SDPI	SUPERIOR DRILLING PRODUCTS INC	NYSEMKT	Oil & Gas Equipment & Services	$24.01M	$0.79	2.60%	$5.32M	8.78x	1.05
APA	APA CORP	NASDAQ	Oil & Gas E&P	$12.68B	$41.28	-2.11%	$4.78B	8.58x	16.29
LPG	DORIAN LPG LTD	NYSE	Oil & Gas Midstream	$1.12B	$27.61	0.73%	$318.09M	5.54x	0.92
MARPS	MARINE PETROLEUM TRUST	NASDAQ	Oil & Gas Midstream	$10.54M	$5.27	0.38%	N/A	6.84x	0.00
WKC	WORLD KINECT CORP	NYSE	Oil & Gas Refining & Marketing	$1.36B	$22.51	-0.09%	$398.10M	11.97x	2.55
MPC	MARATHON PETROLEUM CORP	NYSE	Oil & Gas Refining & Marketing	$61.04B	$152.67	0.34%	$20.51B	5.51x	2.10
CIVI	CIVITAS RESOURCES INC	NYSE	Oil & Gas E&P	$7.48B	$79.78	-2.13%	$2.26B	6.49x	1.02
WES	WESTERN MIDSTREAM PARTNERS LP	NYSE	Oil & Gas Midstream	$10.33B	$26.86	0.98%	$1.99B	10.02x	2.84
PR	PERMIAN RESOURCES CORP	NYSE	Oil & Gas E&P	$7.46B	$13.18	-1.86%	$1.45B	7.99x	0.91
EURN	EURONAV NV	NYSE	Oil & Gas Midstream	$3.34B	$16.57	2.28%	N/A	5.67x	0.91
EPM	EVOLUTION PETROLEUM CORP	NYSEMKT	Oil & Gas E&P	$231.65M	$6.97	2.50%	$60.02M	6.64x	0.39
SWN	SOUTHWESTERN ENERGY CO	NYSE	Oil & Gas E&P	$6.73B	$6.11	-2.71%	$7.09B	1.22x	1.00
EOG	EOG RESOURCES INC	NYSE	Oil & Gas E&P	$73.07B	$125.50	-2.71%	$14.71B	8.39x	0.58
MPLX	MPLX LP	NYSE	Oil & Gas Midstream	$35.12B	$35.08	0.37%	$6.22B	8.86x	1.89
CPE	CALLON PETROLEUM CO	NYSE	Oil & Gas E&P	$2.58B	$37.86	-0.37%	$1.37B	2.50x	0.85
REPX	RILEY EXPLORATION PERMIAN INC	NYSEMKT	Oil & Gas E&P	$603.10M	$29.89	-2.83%	$251.57M	3.87x	1.41
VIST	VISTA ENERGY SAB DE CV	NYSE	Oil & Gas E&P	$2.55B	$27.00	-0.44%	$785.24M	7.24x	1.31
HPK	HIGHPEAK ENERGY INC	NASDAQ	Oil & Gas E&P	$2.09B	$16.29	-3.27%	$735.95M	7.65x	1.22
OVV	OVINTIV INC	NYSE	Oil & Gas E&P	$12.62B	$46.08	-2.21%	$5.09B	3.44x	1.10
TPL	TEXAS PACIFIC LAND CORP	NYSE	Oil & Gas E&P	$14.35B	$1,869.23	1.83%	$543.99M	34.55x	0.13
PTEN	PATTERSON UTI ENERGY INC	NASDAQ	Oil & Gas Drilling	$3.12B	$14.98	-1.12%	$928.33M	9.19x	0.81
VVV	VALVOLINE INC	NYSE	Oil & Gas Refining & Marketing	$4.52B	$32.63	0.12%	$1.65B	3.67x	9.46
STNG	SCORPIO TANKERS INC	NYSE	Oil & Gas Midstream	$2.78B	$51.07	-1.58%	$1.24B	3.30x	0.78
CHK	CHESAPEAKE ENERGY CORP	NASDAQ	Oil & Gas E&P	$11.09B	$83.81	-1.02%	$7.27B	1.73x	0.39
RRC	RANGE RESOURCES CORP	NYSE	Oil & Gas E&P	$7.34B	$30.40	-3.18%	$2.57B	4.39x	1.00
HAL	HALLIBURTON CO	NYSE	Oil & Gas Equipment & Services	$37.10B	$41.29	-0.34%	$4.43B	15.12x	1.77
CHX	CHAMPIONX CORP	NASDAQ	Oil & Gas Equipment & Services	$7.17B	$36.49	-1.38%	$615.96M	28.96x	0.94
EPD	ENTERPRISE PRODUCTS PARTNERS LP	NYSE	Oil & Gas Midstream	$59.09B	$27.21	0.82%	$8.73B	11.02x	1.47
REI	RING ENERGY INC	NYSEMKT	Oil & Gas E&P	$365.32M	$1.87	-3.11%	$268.32M	1.95x	0.74
MMP	MAGELLAN MIDSTREAM PARTNERS LP	NYSE	Oil & Gas Midstream	$13.96B	$69.06	0.13%	$1.55B	13.73x	3.45
TRGP	TARGA RESOURCES CORP	NYSE	Oil & Gas Midstream	$19.11B	$85.43	0.33%	$3.45B	22.90x	5.58
IMPP	IMPERIAL PETROLEUM INC/MARSHALL ISLANDS	NASDAQ	Oil & Gas Midstream	$24.72M	$1.47	0.68%	$100.83M	0.28x	0.04
DHT	DHT HOLDINGS INC	NYSE	Oil & Gas Midstream	$1.58B	$9.71	2.21%	$303.40M	9.81x	0.41
GLP	GLOBAL PARTNERS LP	NYSE	Oil & Gas Midstream	$1.11B	$32.79	0.43%	$442.31M	5.12x	2.79
PSX	PHILLIPS 66	NYSE	Oil & Gas Refining & Marketing	$53.47B	$120.07	-0.12%	$16.88B	5.19x	1.47
DMLP	DORCHESTER MINERALS LP	NASDAQ	Oil & Gas E&P	$1.11B	$28.75	0.07%	$129.83M	10.27x	0.05
CNQ	CANADIAN NATURAL RESOURCES LTD	NYSE	Oil & Gas E&P	$68.63B	$62.83	-1.66%	$12.96B	12.02x	0.95
VNOM	VIPER ENERGY PARTNERS LP	NASDAQ	Oil & Gas Midstream	$4.58B	$28.35	1.69%	$310.66M	12.60x	1.02
OIS	OIL STATES INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$532.31M	$8.33	0.00%	$83.24M	69.42x	0.50
IMO	IMPERIAL OIL LTD	NYSEMKT	Oil & Gas Integrated	$33.95B	$58.11	-0.67%	$7.08B	8.14x	0.77
BP	BP PLC	NYSE	Oil & Gas Integrated	$112.09B	$38.62	-0.52%	$51.63B	6.40x	2.71
RNGR	RANGER ENERGY SERVICES INC	NYSE	Oil & Gas Equipment & Services	$311.67M	$12.71	-1.40%	$86.20M	9.28x	0.33
GLNG	GOLAR LNG LTD	NASDAQ	Oil & Gas Midstream	$2.49B	$23.23	-0.56%	$867.07M	3.18x	-0.55
PAGP	PLAINS GP HOLDINGS LP	NASDAQ	Oil & Gas Midstream	$3.20B	$16.32	0.68%	$1.93B	13.83x	8.48
TALO	TALOS ENERGY INC	NYSE	Oil & Gas E&P	$2.00B	$16.14	-1.16%	$1.06B	4.01x	1.33
PFIE	PROFIRE ENERGY INC	NASDAQ	Oil & Gas Equipment & Services	$146.77M	$3.09	5.29%	$12.58M	17.14x	0.16
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	NYSE	Oil & Gas Equipment & Services	$626.24M	$23.42	0.64%	$191.38M	10.35x	1.89
DVN	DEVON ENERGY CORP	NYSE	Oil & Gas E&P	$30.64B	$47.88	-2.27%	$8.86B	6.51x	1.11
XOM	EXXON MOBIL CORP	NYSE	Oil & Gas Integrated	$465.97B	$116.40	-0.79%	$91.21B	9.31x	0.79
WHD	CACTUS INC	NYSE	Oil & Gas Equipment & Services	$3.85B	$48.47	-2.63%	$215.08M	23.30x	0.69
SU	SUNCOR ENERGY INC	NYSE	Oil & Gas Integrated	$44.90B	$34.48	-0.95%	$15.13B	10.00x	1.08
EGY	VAALCO ENERGY INC	NYSE	Oil & Gas E&P	$458.91M	$4.31	-0.92%	$194.56M	11.34x	0.83
OBE	OBSIDIAN ENERGY LTD	NYSEMKT	Oil & Gas E&P	$604.89M	$7.45	-2.23%	$331.82M	1.12x	0.38
HEP	HOLLY ENERGY PARTNERS LP	NYSE	Oil & Gas Midstream	$2.83B	$22.41	-1.15%	$424.02M	12.95x	2.01

Energy Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Oil & Gas Drilling	10	-1.81%	-2.50%	+6.02%	+20.68%	4.23x	1.20x	+8.07%	+5.39%	+8.06%	+22.36%	Strong Buy
Oil & Gas E&P	82	-0.33%	+0.25%	-0.76%	+3.71%	10.37x	2.10x	+35.67%	+15.46%	+23.59%	+0.25%	Strong Buy
Oil & Gas Equipment & Services	50	-0.15%	-0.84%	+4.48%	+48.60%	-4.16x	3.18x	+14.15%	+6.98%	+13.50%	+21.43%	Buy
Oil & Gas Integrated	17	-0.53%	+0.49%	+4.42%	+7.59%	7.83x	1.67x	+27.20%	+11.94%	+24.88%	+13.67%	Buy
Oil & Gas Midstream	53	+0.29%	+1.47%	+0.55%	+5.55%	16.43x	2.23x	-1.04%	+9.55%	+12.93%	+17.72%	Buy
Oil & Gas Refining & Marketing	21	+0.07%	-1.39%	+5.25%	+20.96%	4.91x	1.98x	+41.97%	+14.01%	+25.18%	+10.93%	Buy

Energy Stocks FAQ

What are the best energy stocks to buy right now in Sep 2023?

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

1. Magnolia Oil & Gas (NYSE:MGY)

Magnolia Oil & Gas (NYSE:MGY) is the top energy stock with a Zen Score of 66, which is 29 points higher than the energy sector average of 37. It passed 26 out of 38 due diligence checks and has strong fundamentals. Magnolia Oil & Gas has seen its stock lose -0.22% over the past year, underperforming other energy stocks by -10 percentage points.

Magnolia Oil & Gas has an average 1 year price target of $26.90, an upside of 19.72% from Magnolia Oil & Gas's current stock price of $22.47.

Magnolia Oil & Gas stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Magnolia Oil & Gas, 60% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Frontline (NYSE:FRO)

Frontline (NYSE:FRO) is the second best energy stock with a Zen Score of 65, which is 28 points higher than the energy sector average of 37. It passed 24 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 28.9% over the past year, overperforming other energy stocks by 19 percentage points.

Frontline has an average 1 year price target of $18.00, an upside of 3.75% from Frontline's current stock price of $17.35.

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.

3. Sm Energy Co (NYSE:SM)

Sm Energy Co (NYSE:SM) is the third best energy stock with a Zen Score of 64, which is 27 points higher than the energy sector average of 37. It passed 24 out of 38 due diligence checks and has strong fundamentals. Sm Energy Co has seen its stock lose -9.92% over the past year, underperforming other energy stocks by -20 percentage points.

Sm Energy Co has an average 1 year price target of $43.60, an upside of 14.89% from Sm Energy Co's current stock price of $37.95.

Sm Energy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Sm Energy Co, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% 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 140 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 34.36%, which is 29 percentage points higher than the energy sector average of 5.01%. 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 -303% indicates that its high dividend yield might not be sustainable for the long-term.

2. Torm (NASDAQ:TRMD)

Torm (NASDAQ:TRMD) has an annual dividend yield of 26.32%, which is 21 percentage points higher than the energy sector average of 5.01%.

Torm's dividend payout ratio of 63.6% indicates that its high dividend yield is sustainable for the long-term.

3. Cvr Energy (NYSE:CVI)

Cvr Energy (NYSE:CVI) has an annual dividend yield of 15.71%, which is 11 percentage points higher than the energy sector average of 5.01%. Cvr Energy's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Cvr Energy's dividend has shown consistent growth over the last 10 years.

Cvr Energy's dividend payout ratio of 102.7% indicates that its high dividend yield might not be sustainable for the long-term.

Why are energy stocks down?

Energy stocks were down -0.25% in the last day, and up 0.06% over the last week.

We couldn't find a catalyst for why energy stocks are down.

What are the most undervalued energy stocks?

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

1. Epsilon Energy (NASDAQ:EPSN)

Epsilon Energy (NASDAQ:EPSN) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Epsilon Energy has a valuation score of 86, which is 49 points higher than the energy sector average of 37. It passed 6 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -23.2% in the past year. It has underperformed other stocks in the energy sector by -33 percentage points.

2. Diamondback Energy (NASDAQ:FANG)

Diamondback Energy (NASDAQ:FANG) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. Diamondback Energy has a valuation score of 86, which is 49 points higher than the energy sector average of 37. It passed 6 out of 7 valuation due diligence checks.

Diamondback Energy's stock has gained 16.9% in the past year. It has overperformed other stocks in the energy sector by 7 percentage points.

3. Highpeak Energy (NASDAQ:HPK)

Highpeak Energy (NASDAQ:HPK) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Highpeak Energy has a valuation score of 86, which is 49 points higher than the energy sector average of 37. It passed 6 out of 7 valuation due diligence checks.

Highpeak Energy's stock has dropped -30.44% in the past year. It has underperformed other stocks in the energy sector by -40 percentage points.

Are energy stocks a good buy now?

46.63% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 8.31% 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 8.77x.

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.