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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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
TNK
TEEKAY TANKERS LTD
NYSE
Oil & Gas Midstream
$2.24B$65.61-2.97%$610.20M4.58x0.11
VIST
VISTA ENERGY SAB DE CV
NYSE
Oil & Gas E&P
$4.24B$43.61-0.59%$756.48M11.95x1.14
FRO
FRONTLINE PLC
NYSE
Oil & Gas Midstream
$5.35B$24.04-6.68%$1.06B8.15x1.60
GPRK
GEOPARK LTD
NYSE
Oil & Gas E&P
$564.34M$10.20-0.97%$394.63M4.98x4.14
SUN
SUNOCO LP
NYSE
Oil & Gas Refining & Marketing
$5.24B$51.980.48%$928.00M11.37x5.59
WFRD
WEATHERFORD INTERNATIONAL PLC
NASDAQ
Oil & Gas Equipment & Services
$8.16B$111.55-1.34%$988.00M17.65x3.66
TNP
TSAKOS ENERGY NAVIGATION LTD
NYSE
Oil & Gas Midstream
$878.68M$29.78-2.20%$524.12M3.29x1.06
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
NYSE
Oil & Gas Equipment & Services
$533.52M$19.96-0.65%$185.22M13.91x3.32
DHT
DHT HOLDINGS INC
NYSE
Oil & Gas Midstream
$1.81B$11.21-1.32%$316.41M10.68x0.41
LPG
DORIAN LPG LTD
NYSE
Oil & Gas Midstream
$1.65B$40.65-3.95%$445.71M5.33x0.80
REPX
RILEY EXPLORATION PERMIAN INC
NYSEMKT
Oil & Gas E&P
$572.42M$26.57-1.81%$243.72M5.34x1.20
HAL
HALLIBURTON CO
NYSE
Oil & Gas Equipment & Services
$29.14B$32.92-2.52%$4.73B11.35x1.55
INSW
INTERNATIONAL SEAWAYS INC
NYSE
Oil & Gas Midstream
$2.71B$54.89-3.99%$727.52M5.09x0.42
TRMD
TORM PLC
NASDAQ
Oil & Gas Midstream
$3.13B$33.96-2.75%$896.70M4.29x0.70
SDPI
SUPERIOR DRILLING PRODUCTS INC
NYSEMKT
Oil & Gas Equipment & Services
$35.86M$1.18-1.67%$354.59k8.43x0.72
PR
PERMIAN RESOURCES CORP
NYSE
Oil & Gas E&P
$11.58B$15.04-0.92%$2.13B11.66x0.82
FANG
DIAMONDBACK ENERGY INC
NASDAQ
Oil & Gas E&P
$33.17B$185.97-2.30%$6.11B10.49x0.69
CTRA
COTERRA ENERGY INC
NYSE
Oil & Gas E&P
$19.89B$26.73-1.51%$3.47B15.45x0.60
EURN
EURONAV NV
NYSE
Oil & Gas Midstream
$2.94B$15.09-3.58%$1.56B2.58x0.93
SM
SM ENERGY CO
NYSE
Oil & Gas E&P
$5.27B$45.82-2.92%$1.62B7.16x0.73
BP
BP PLC
NYSE
Oil & Gas Integrated
$98.38B$34.89-0.85%$36.46B10.57x2.73
SDRL
SEADRILL LTD
NYSE
Oil & Gas Drilling
$3.49B$47.38-4.11%$558.00M11.47x0.41
EPD
ENTERPRISE PRODUCTS PARTNERS LP
NYSE
Oil & Gas Midstream
$61.52B$28.330.04%$9.05B11.15x1.55
NVGS
NAVIGATOR HOLDINGS LTD
NYSE
Oil & Gas Midstream
$1.16B$15.88-2.04%$288.52M13.57x0.78
MTDR
MATADOR RESOURCES CO
NYSE
Oil & Gas E&P
$6.97B$55.86-2.15%$2.02B7.61x0.81
PBR
PETROBRAS - PETROLEO BRASILEIRO
NYSE
Oil & Gas Integrated
$87.93B$13.59-1.52%$52.49B3.56x1.76
E
ENI SPA
NYSE
Oil & Gas Integrated
$48.85B$28.94-1.73%$19.66B9.44x1.67
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$422.27M$3.22-3.30%$83.39M20.13x2.34
EGY
VAALCO ENERGY INC
NYSE
Oil & Gas E&P
$631.08M$6.10-4.54%$283.66M10.17x0.71
MXC
MEXCO ENERGY CORP
NYSEMKT
Oil & Gas E&P
$23.29M$11.10-5.34%$4.30M11.94x0.07
DMLP
DORCHESTER MINERALS LP
NASDAQ
Oil & Gas E&P
$1.20B$29.88-1.95%$130.72M11.58x0.03
PFIE
PROFIRE ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$65.47M$1.391.09%$11.99M6.95x0.12
PARR
PAR PACIFIC HOLDINGS INC
NYSE
Oil & Gas Refining & Marketing
$1.42B$24.51-2.89%$571.03M3.01x1.88
WES
WESTERN MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$14.30B$37.57-2.01%$2.37B10.55x2.75
BKR
BAKER HUGHES CO
NASDAQ
Oil & Gas Equipment & Services
$31.03B$31.09-1.71%$3.80B17.08x1.40
DTI
DRILLING TOOLS INTERNATIONAL CORP
NASDAQ
Oil & Gas Equipment & Services
$156.28M$5.25-9.64%N/A12.50x0.82
LBRT
LIBERTY ENERGY INC
NYSE
Oil & Gas Equipment & Services
$3.42B$20.55-7.47%$1.10B7.31x0.64
XOM
EXXON MOBIL CORP
NYSE
Oil & Gas Integrated
$430.22B$109.11-0.85%$69.19B13.37x0.80
MPLX
MPLX LP
NYSE
Oil & Gas Midstream
$41.78B$41.11-0.05%$5.91B10.60x1.78
TK
TEEKAY CORP
NYSE
Oil & Gas Midstream
$793.57M$8.72-4.07%$281.65M5.19x0.29
ET
ENERGY TRANSFER LP
NYSE
Oil & Gas Midstream
$51.09B$15.16-0.92%$11.65B13.91x2.00
TRGP
TARGA RESOURCES CORP
NYSE
Oil & Gas Midstream
$26.38B$119.00-1.03%$3.55B24.34x6.02
CVX
CHEVRON CORP
NYSE
Oil & Gas Integrated
$281.80B$152.57-0.18%$46.29B13.97x0.62
CIVI
CIVITAS RESOURCES INC
NYSE
Oil & Gas E&P
$6.48B$64.72-1.60%$2.66B7.71x1.27
EQT
EQT CORP
NYSE
Oil & Gas E&P
$17.37B$39.34-2.38%$2.73B26.40x0.68
DINO
HF SINCLAIR CORP
NYSE
Oil & Gas Refining & Marketing
$10.04B$52.23-0.57%$2.96B6.42x0.75
DNOW
DNOW INC
NYSE
Oil & Gas Equipment & Services
$1.40B$13.07-3.19%$159.00M6.00x0.48
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$5.74B$30.19-2.49%$761.50M16.06x0.95
MGY
MAGNOLIA OIL & GAS CORP
NYSE
Oil & Gas E&P
$4.83B$23.84-1.49%$838.99M11.86x0.54
COP
CONOCOPHILLIPS
NYSE
Oil & Gas E&P
$127.94B$109.39-1.35%$24.87B12.36x0.93
KGEI
KOLIBRI GLOBAL ENERGY INC
NASDAQ
Oil & Gas E&P
$120.06M$3.37-2.32%$37.10M8.02x0.32
SBOW
SILVERBOW RESOURCES INC
NYSE
Oil & Gas E&P
$973.02M$38.10-0.08%$606.32M4.81x1.29
VNOM
VIPER ENERGY INC
NASDAQ
Oil & Gas Midstream
$6.35B$35.93-4.03%$479.43M13.21x1.06
VAL
VALARIS LTD
NYSE
Oil & Gas Equipment & Services
$5.22B$72.15-4.66%$286.40M6.32x1.15
PTEN
PATTERSON UTI ENERGY INC
NASDAQ
Oil & Gas Drilling
$3.95B$9.83-2.67%$1.20B15.60x0.52
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$3.97B$49.86-5.75%$298.73M19.63x0.53
GEOS
GEOSPACE TECHNOLOGIES CORP
NASDAQ
Oil & Gas Equipment & Services
$123.87M$9.27-4.14%$31.98M7.54x0.11
PBF
PBF ENERGY INC
NYSE
Oil & Gas Refining & Marketing
$5.21B$43.96-2.20%$3.14B2.91x1.12
SLB
SCHLUMBERGER LIMITED
NYSE
Oil & Gas Equipment & Services
$61.46B$43.00-1.85%$8.23B14.10x1.25
MPC
MARATHON PETROLEUM CORP
NYSE
Oil & Gas Refining & Marketing
$59.92B$170.07-0.26%$14.07B8.37x2.43
KNTK
KINETIK HOLDINGS INC
NYSE
Oil & Gas Midstream
$6.08B$39.56-1.22%$657.77M7.31x-3.90
KGS
KODIAK GAS SERVICES INC
NYSE
Oil & Gas Equipment & Services
$2.19B$25.99-0.99%$462.28M30.58x1.90
IMO
IMPERIAL OIL LTD
NYSEMKT
Oil & Gas Integrated
$34.43B$64.26-0.31%$5.99B10.29x0.84
TRP
TC ENERGY CORP
NYSE
Oil & Gas Midstream
$40.20B$38.75-0.49%$7.15B20.41x2.94
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$2.89B$18.50-1.60%$457.77M22.29x2.02
KOS
KOSMOS ENERGY LTD
NYSE
Oil & Gas E&P
$2.46B$5.21-3.52%$908.11M10.85x3.99
NFG
NATIONAL FUEL GAS CO
NYSE
Oil & Gas Integrated
$5.00B$54.44-0.91%$1.20B10.74x1.63
WKC
WORLD KINECT CORP
NYSE
Oil & Gas Refining & Marketing
$1.53B$25.53-0.85%$338.90M26.59x2.67
SU
SUNCOR ENERGY INC
NYSE
Oil & Gas Integrated
$47.08B$36.58-0.92%$13.47B8.28x1.01
TTE
TOTALENERGIES SE
NYSE
Oil & Gas Integrated
$157.01B$65.78-2.36%$50.21B7.37x1.37
NOV
NOV INC
NYSE
Oil & Gas Equipment & Services
$6.92B$17.50-2.23%$1.04B7.00x0.80
PHX
PHX MINERALS INC
NYSE
Oil & Gas E&P
$120.24M$3.21-0.31%$17.45M29.18x0.34
MUR
MURPHY OIL CORP
NYSE
Oil & Gas E&P
$5.84B$38.30-1.67%$1.71B10.58x0.79
PUMP
PROPETRO HOLDING CORP
NYSE
Oil & Gas Equipment & Services
$880.93M$8.23-4.08%$297.07M11.93x0.54
RES
RPC INC
NYSE
Oil & Gas Equipment & Services
$1.31B$6.09-3.94%$313.39M8.70x0.26
EOG
EOG RESOURCES INC
NYSE
Oil & Gas E&P
$67.95B$118.24-0.72%$13.30B9.30x0.56
AESI
ATLAS ENERGY SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$2.18B$19.87-0.40%$222.18M11.55x0.82
NE
NOBLE CORP PLC
NYSE
Oil & Gas Drilling
$6.14B$43.02-4.02%$883.16M12.84x0.39
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$42.54M$17.00-2.30%$20.46M3.01x0.31
BSM
BLACK STONE MINERALS LP
NYSE
Oil & Gas E&P
$3.50B$15.53-1.65%$401.83M9.89x0.06
CRC
CALIFORNIA RESOURCES CORP
NYSE
Oil & Gas E&P
$3.34B$48.73-0.63%$628.00M13.35x0.87
PSX
PHILLIPS 66
NYSE
Oil & Gas Refining & Marketing
$57.98B$136.76-0.66%$10.60B10.44x1.53
CHRD
CHORD ENERGY CORP
NASDAQ
Oil & Gas E&P
$6.77B$162.42-2.07%$1.87B7.28x0.38
EC
ECOPETROL SA
NYSE
Oil & Gas Integrated
$23.93B$11.64-0.77%$14.54B4.44x2.38
MRC
MRC GLOBAL INC
NYSE
Oil & Gas Equipment & Services
$1.04B$12.17-2.33%$206.00M13.83x2.88
REI
RING ENERGY INC
NYSEMKT
Oil & Gas E&P
$320.66M$1.62-1.82%$213.65M4.05x0.75
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
NYSE
Oil & Gas Equipment & Services
$358.78M$8.15-2.04%$69.62M11.99x0.74
PNRG
PRIMEENERGY RESOURCES CORP
NASDAQ
Oil & Gas E&P
$190.35M$106.65-2.42%$82.04M5.15x0.97
APA
APA CORP
NASDAQ
Oil & Gas E&P
$10.33B$27.82-2.63%$4.13B3.12x4.33
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$661.16M$7.76-7.18%$66.32M38.80x0.52
CVI
CVR ENERGY INC
NYSE
Oil & Gas Refining & Marketing
$2.68B$26.67-1.98%$1.18B4.09x3.44
CVE
CENOVUS ENERGY INC
NYSE
Oil & Gas Integrated
$34.02B$18.24-1.03%$8.22B10.32x0.85
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
NASDAQ
Oil & Gas Midstream
$104.34M$3.50-6.42%$68.17M2.11x0.04
HP
HELMERICH & PAYNE INC
NYSE
Oil & Gas Drilling
$3.23B$32.72-4.22%$896.21M9.32x0.58
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$5.12B$96.99-6.78%$388.18M37.89x0.97
EQNR
EQUINOR ASA
NYSE
Oil & Gas Integrated
$79.74B$27.08-1.10%$50.16B6.89x1.96
KRP
KIMBELL ROYALTY PARTNERS LP
NYSE
Oil & Gas E&P
$1.53B$16.01-2.50%$188.48M26.25x0.47
NOG
NORTHERN OIL & GAS INC
NYSE
Oil & Gas E&P
$3.74B$37.05-0.80%$1.38B5.82x1.32
SGU
STAR GROUP LP
NYSE
Oil & Gas Refining & Marketing
$385.77M$10.950.83%$102.40M13.86x1.84
STNG
SCORPIO TANKERS INC
NYSE
Oil & Gas Midstream
$3.76B$75.37-3.94%$944.98M6.69x0.53

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
11-3.75%-3.09%-9.90%-0.24%6.26x0.94x+5.75%+4.33%+7.61%+53.32%Buy
79-1.74%+3.70%-0.44%+22.43%13.65x1.89x+19.82%+9.89%+15.15%+17.87%Strong Buy
49-2.89%-1.04%-8.10%+19.54%18.26x2.42x+19.87%+8.08%+14.45%+29.80%Strong Buy
17-0.88%-2.18%-7.32%+8.60%11.13x1.52x+15.99%+7.47%+15.78%+25.77%Buy
48-1.85%-2.42%-2.46%+26.81%14.82x2.35x+23.14%+7.10%+10.94%+13.46%Buy
22-0.45%-2.12%-4.89%+13.77%8.22x2.01x+26.48%+8.25%+15.91%+23.56%Buy

Energy Stocks FAQ

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

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

1. Teekay Tankers (NYSE:TNK)


Teekay Tankers (NYSE:TNK) is the top energy stock with a Zen Score of 65, which is 31 points higher than the energy sector average of 34. It passed 24 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock return 71.04% over the past year, overperforming other energy stocks by 52 percentage points.

Teekay Tankers has an average 1 year price target of $76.00, an upside of 15.84% from Teekay Tankers's current stock price of $65.61.

Teekay Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Teekay Tankers, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Vista Energy Sab De Cv (NYSE:VIST)


Vista Energy Sab De Cv (NYSE:VIST) is the second best energy stock with a Zen Score of 64, which is 30 points higher than the energy sector average of 34. It passed 22 out of 33 due diligence checks and has strong fundamentals. Vista Energy Sab De Cv has seen its stock return 93.74% over the past year, overperforming other energy stocks by 74 percentage points.

Vista Energy Sab De Cv has an average 1 year price target of $51.50, an upside of 18.09% from Vista Energy Sab De Cv's current stock price of $43.61.

Vista Energy Sab De Cv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Vista Energy Sab De Cv, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Frontline (NYSE:FRO)


Frontline (NYSE:FRO) is the third best energy stock with a Zen Score of 62, which is 28 points higher than the energy sector average of 34. It passed 24 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 52.73% over the past year, overperforming other energy stocks by 33 percentage points.

Frontline has an average 1 year price target of $26.10, an upside of 8.57% from Frontline's current stock price of $24.04.

Frontline stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Frontline, 66.67% have issued a Strong Buy rating, 0% 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 energy stocks with highest dividends?

Out of 115 energy stocks that have issued dividends in the past year, the 3 energy stocks with the highest dividend yields are:

1. Us Energy (NASDAQ:USEG)


Us Energy (NASDAQ:USEG) has an annual dividend yield of N/A, which is N/A percentage points lower than the energy sector average of 4.45%. Us Energy's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Us Energy's dividend has not shown consistent growth over the last 10 years.

Us Energy's dividend payout ratio of -1.4% indicates that its dividend yield might not be sustainable for the long-term.

2. Icahn Enterprises (NASDAQ:IEP)


Icahn Enterprises (NASDAQ:IEP) has an annual dividend yield of 24.72%, which is 20 percentage points higher than the energy sector average of 4.45%. 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 -454.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Ecopetrol Sa (NYSE:EC)


Ecopetrol Sa (NYSE:EC) has an annual dividend yield of 21.09%, which is 17 percentage points higher than the energy sector average of 4.45%. Ecopetrol Sa's dividend payout is not stable, having dropped more than 10% four 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.

Why are energy stocks down?

Energy stocks were down -1.76% in the last day, and up 0.24% over the last week. Drilling Tools International was the among the top losers in the energy sector, dropping -9.64% yesterday.

Several gas and oil companies are trading lower possibly due to a drop in the price of crude.

What are the most undervalued energy stocks?

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

1. Kolibri Global Energy (NASDAQ:KGEI)


Kolibri Global Energy (NASDAQ:KGEI) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Kolibri Global Energy has a valuation score of 71, which is 39 points higher than the energy sector average of 32. It passed 5 out of 7 valuation due diligence checks.

2. California Resources (NYSE:CRC)


California Resources (NYSE:CRC) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. California Resources has a valuation score of 71, which is 39 points higher than the energy sector average of 32. It passed 5 out of 7 valuation due diligence checks.

California Resources's stock has gained 15.36% in the past year. It has underperformed other stocks in the energy sector by -4 percentage points.

3. Chesapeake Energy (NASDAQ:CHK)


Chesapeake Energy (NASDAQ:CHK) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Chesapeake Energy has a valuation score of 71, which is 39 points higher than the energy sector average of 32. It passed 5 out of 7 valuation due diligence checks.

Chesapeake Energy's stock has gained 6.75% in the past year. It has underperformed other stocks in the energy sector by -13 percentage points.

Are energy stocks a good buy now?

50.62% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 21.39% 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 12.55x.
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.