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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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PBR
PETROBRA
NYSE
Oil & Gas Integrated
$72.98B$11.193.23%$44.96B3.68x1.51
NEX
NEXTIER OILFIELD SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$2.23B$9.10-0.76%$448.64M11.10x1.36
BSM
BLACK STONE MINERALS LP
NYSE
Oil & Gas E&P
$3.50B$15.60-1.45%$484.23M8.04x0.18
TH
TARGET HOSPITALITY CORP
NASDAQ
Oil & Gas Equipment & Services
$1.44B$14.83-4.08%$169.43M30.90x4.01
EPSN
EPSILON ENERGY LTD
NASDAQ
Oil & Gas E&P
$132.41M$5.75-0.35%$53.31M3.94x0.25
MGY
MAGNOLIA OIL & GAS CORP
NYSE
Oil & Gas E&P
$4.83B$22.33-3.33%$1.14B5.13x0.65
VIST
VISTA ENERGY SAB DE CV
NYSE
Oil & Gas E&P
$1.34B$15.49-0.13%$646.83M5.92x1.55
TRMD
TORM PLC
NASDAQ
Oil & Gas Midstream
$2.29B$28.122.55%$618.39M7.03x0.82
ALTO
ALTO INGREDIENTS INC
NASDAQ
Oil & Gas Refining & Marketing
$247.01M$3.34-3.19%$55.07M9.54x0.36
EC
ECOPETROL SA
NYSE
Oil & Gas Integrated
$22.24B$10.820.93%$10.37B5.35x2.22
GLP
GLOBAL PARTNERS LP
NYSE
Oil & Gas Midstream
$1.31B$38.510.31%$525.50M4.30x2.97
MXC
MEXCO ENERGY CORP
NYSEMKT
Oil & Gas E&P
$27.90M$12.98-0.54%$5.85M6.52x0.07
SD
SANDRIDGE ENERGY INC
NYSE
Oil & Gas E&P
$547.86M$14.86-2.62%$191.20M3.14x0.31
TTE
TOTALENERGIES SE
NYSE
Oil & Gas Integrated
$157.80B$60.25-0.58%$53.16B9.52x1.94
DINO
HF SINCLAIR CORP
NYSE
Oil & Gas Refining & Marketing
$10.52B$52.40-1.41%$3.74B4.97x0.94
SU
SUNCOR ENERGY INC
NYSE
Oil & Gas Integrated
$44.13B$32.61-0.94%$15.58B8.11x1.23
DMLP
DORCHESTER MINERALS LP
NASDAQ
Oil & Gas E&P
$1.08B$28.21-0.70%$136.67M8.55x0.04
WES
WESTERN MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$10.49B$27.231.72%$2.03B9.94x2.95
CTRA
COTERRA ENERGY INC
NYSE
Oil & Gas E&P
$18.77B$23.81-1.85%$6.78B4.30x0.60
TPL
TEXAS PACIFIC LAND CORP
NYSE
Oil & Gas E&P
$14.75B$1,914.37-4.73%$583.18M34.77x0.15
LBRT
LIBERTY ENERGY INC
NYSE
Oil & Gas Equipment & Services
$2.79B$15.28-0.20%$525.15M15.13x0.80
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$44.06M$1.642.50%$14.24M3.72x0.18
BRY
BERRY CORP (BRY)
NASDAQ
Oil & Gas E&P
$681.31M$8.88-2.58%$386.29M3.70x0.98
FANG
DIAMONDBACK ENERGY INC
NASDAQ
Oil & Gas E&P
$24.13B$137.12-0.92%$7.02B5.56x0.67
EQNR
EQUINOR ASA
NYSE
Oil & Gas Integrated
$93.38B$28.89-0.76%$44.51B10.94x2.77
CVX
CHEVRON CORP
NYSE
Oil & Gas Integrated
$328.02B$169.640.11%$63.62B9.61x0.63
EPM
EVOLUTION PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$201.95M$6.02-0.17%$59.06M5.33x0.71
VLO
VALERO ENERGY CORP
NYSE
Oil & Gas Refining & Marketing
$49.38B$128.09-2.76%$15.02B5.46x1.63
DVN
DEVON ENERGY CORP
NYSE
Oil & Gas E&P
$39.31B$60.14-1.17%$10.36B6.29x1.15
EOG
EOG RESOURCES INC
NYSE
Oil & Gas E&P
$72.74B$123.83-0.63%$13.29B9.66x0.70
ROCC
RANGER OIL CORP
NASDAQ
Oil & Gas E&P
$1.71B$40.94-2.87%$471.29M3.98x2.18
MUR
MURPHY OIL CORP
NYSE
Oil & Gas E&P
$6.43B$41.39-0.58%$2.15B6.88x1.14
PFIE
PROFIRE ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$51.74M$1.10-0.90%$4.19M22.00x0.14
PNRG
PRIMEENERGY RESOURCES CORP
NASDAQ
Oil & Gas E&P
$174.77M$91.00-0.33%$87.41M4.22x0.65
MARPS
MARINE PETROLEUM TRUST
NASDAQ
Oil & Gas Equipment & Services
$15.16M$7.58-1.12%N/A10.11x0.00
GPRK
GEOPARK LTD
NYSE
Oil & Gas E&P
$795.14M$13.20-5.98%$519.33M3.78x9.94
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
NYSE
Oil & Gas Equipment & Services
$393.42M$14.66-1.94%$147.64M9.97x2.26
IMO
IMPERIAL OIL LTD
NYSEMKT
Oil & Gas Integrated
$30.53B$49.92-0.89%$7.55B6.99x0.93
PDCE
PDC ENERGY INC
NASDAQ
Oil & Gas E&P
$5.73B$62.23-2.38%$3.06B3.16x1.02
PXD
PIONEER NATURAL RESOURCES CO
NYSE
Oil & Gas E&P
$51.89B$218.40-0.73%$11.76B7.40x0.56
SSL
SASOL LTD
NYSE
Oil & Gas Integrated
$11.03B$17.35-0.23%$3.48B4.78x1.20
REPX
RILEY EXPLORATION PERMIAN INC
NYSEMKT
Oil & Gas E&P
$634.44M$31.47-2.90%$175.49M5.46x0.57
CVE
CENOVUS ENERGY INC
NYSE
Oil & Gas Integrated
$35.82B$18.63-0.11%$10.43B9.59x0.98
REX
REX AMERICAN RESOURCES CORP
NYSE
Oil & Gas Refining & Marketing
$586.75M$33.741.87%$82.60M14.69x0.17
HES
HESS CORP
NYSE
Oil & Gas E&P
$42.33B$137.30-0.20%$4.97B22.77x1.78
E
ENI SPA
NYSE
Oil & Gas Integrated
$53.31B$29.57-1.24%$20.35B8.36x2.10
PBA
PEMBINA PIPELINE CORP
NYSE
Oil & Gas Midstream
$19.06B$34.53-0.35%$2.97B9.79x0.95
EGY
VAALCO ENERGY INC
NYSE
Oil & Gas E&P
$485.52M$4.48-1.32%$148.40M3.90x1.27
MPC
MARATHON PETROLEUM CORP
NYSE
Oil & Gas Refining & Marketing
$54.56B$116.41-1.51%$20.19B5.04x2.13
XOM
EXXON MOBIL CORP
NYSE
Oil & Gas Integrated
$460.14B$111.73-0.17%$94.35B9.12x0.95
EQT
EQT CORP
NYSE
Oil & Gas E&P
$11.00B$29.98-4.09%$4.56B4.74x1.34
PSX
PHILLIPS 66
NYSE
Oil & Gas Refining & Marketing
$46.36B$98.08-0.74%$15.60B4.47x1.56
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
NYSE
Oil & Gas Equipment & Services
$475.86M$10.210.49%$52.52M20.02x0.69
SHEL
SHELL PLC
NYSE
Oil & Gas Integrated
$222.26B$57.85-0.77%$59.83B11.17x1.33
RNGR
RANGER ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$291.77M$11.730.17%$80.30M4.55x0.58
FLNG
FLEX LNG LTD
NYSE
Oil & Gas Midstream
$1.63B$30.680.33%$354.88M7.54x1.97
VET
VERMILION ENERGY INC
NYSE
Oil & Gas E&P
$2.30B$13.95-2.17%$1.66B2.47x1.29
SUN
SUNOCO LP
NYSE
Oil & Gas Refining & Marketing
$4.74B$47.36-1.52%$926.00M8.94x5.72
PR
PERMIAN RESOURCES CORP
NYSE
Oil & Gas E&P
$5.47B$9.81-3.73%$1.08B4.72x1.09
EPD
ENTERPRISE PRODUCTS PARTNERS LP
NYSE
Oil & Gas Midstream
$56.17B$25.820.04%$8.38B11.13x1.56
CIVI
CIVITAS RESOURCES INC
NYSE
Oil & Gas E&P
$5.40B$63.45-2.29%$2.28B4.06x0.46
STR
SITIO ROYALTIES CORP
NYSE
Oil & Gas E&P
$2.18B$26.04-0.84%$238.04M17.25x3.12
SBOW
SILVERBOW RESOURCES INC
NYSE
Oil & Gas E&P
$523.83M$23.48-3.65%$441.95M1.43x1.58
INT
WORLD FUEL SERVICES CORP
NYSE
Oil & Gas Refining & Marketing
$1.80B$29.02-0.21%$323.20M16.58x3.11
MMP
MAGELLAN MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$10.80B$52.71-3.64%$1.56B10.18x3.46
COP
CONOCOPHILLIPS
NYSE
Oil & Gas E&P
$133.94B$107.49-0.57%$35.46B7.71x0.93
PBF
PBF ENERGY INC
NYSE
Oil & Gas Refining & Marketing
$4.68B$38.21-3.51%$3.52B1.93x2.00
APA
APA CORP
NASDAQ
Oil & Gas E&P
$13.51B$42.02-0.05%$6.80B4.01x20.13
TRP
TC ENERGY CORP
NYSE
Oil & Gas Midstream
$41.21B$41.880.10%$6.73B17.71x2.26
GPP
GREEN PLAINS PARTNERS LP
NASDAQ
Oil & Gas Midstream
$301.28M$12.960.78%$50.56M7.49x58.92
NFG
NATIONAL FUEL GAS CO
NYSE
Oil & Gas Integrated
$5.37B$58.48-2.01%$1.24B8.87x2.21
CNQ
CANADIAN NATURAL RESOURCES LTD
NYSE
Oil & Gas E&P
$65.52B$57.76-0.24%$16.15B7.62x1.03
MTDR
MATADOR RESOURCES CO
NYSE
Oil & Gas E&P
$7.15B$60.54-2.62%$2.06B6.07x0.78
RES
RPC INC
NYSE
Oil & Gas Equipment & Services
$2.04B$9.411.51%$277.24M14.26x0.37
HAL
HALLIBURTON CO
NYSE
Oil & Gas Equipment & Services
$34.79B$38.31-0.67%$3.01B19.85x1.96
ESTE
EARTHSTONE ENERGY INC
NYSE
Oil & Gas E&P
$1.79B$12.84-4.54%$713.11M3.08x1.11
CRK
COMSTOCK RESOURCES INC
NYSE
Oil & Gas E&P
$2.65B$11.35-4.62%$1.89B2.74x2.34
PHX
PHX MINERALS INC
NYSE
Oil & Gas E&P
$120.55M$3.30-4.62%$33.05M5.59x0.42
CHRD
CHORD ENERGY CORP
NASDAQ
Oil & Gas E&P
$5.76B$138.53-2.83%$1.97B2.19x0.47
VTLE
VITAL ENERGY INC
NYSE
Oil & Gas E&P
$868.25M$51.64-2.42%$1.18B1.12x1.80
VNOM
VIPER ENERGY PARTNERS LP
NASDAQ
Oil & Gas Midstream
$4.97B$30.17-0.20%$291.05M13.23x0.96
KRP
KIMBELL ROYALTY PARTNERS LP
NYSE
Oil & Gas E&P
$1.02B$15.57-0.89%$163.21M9.49x0.51
HEP
HOLLY ENERGY PARTNERS LP
NYSE
Oil & Gas Midstream
$2.34B$18.520.16%$364.11M11.16x2.23
GPOR
GULFPORT ENERGY CORP
NYSE
Oil & Gas E&P
$1.17B$60.80-3.55%$618.08M4.17x22.90
DK
DELEK US HOLDINGS INC
NYSE
Oil & Gas Refining & Marketing
$1.77B$25.34-1.44%$947.10M5.33x6.13
SM
SM ENERGY CO
NYSE
Oil & Gas E&P
$3.86B$31.40-2.27%$2.31B2.98x0.97
CPE
CALLON PETROLEUM CO
NYSE
Oil & Gas E&P
$2.42B$39.24-2.41%$1.76B1.87x1.17
RRC
RANGE RESOURCES CORP
NYSE
Oil & Gas E&P
$5.63B$23.29-2.96%$1.87B4.57x2.20
OVV
OVINTIV INC
NYSE
Oil & Gas E&P
$11.17B$44.98-3.04%$5.26B3.13x1.20
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$5.88B$29.621.54%$482.30M38.47x1.01
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$3.99B$52.57-1.09%$158.41M33.27x0.77
BRN
BARNWELL INDUSTRIES INC
NYSEMKT
Oil & Gas E&P
$25.39M$2.552.82%$8.64M4.47x0.94
DNOW
NOW INC
NYSE
Oil & Gas Equipment & Services
$1.54B$13.950.43%$138.00M14.53x0.59
REI
RING ENERGY INC
NYSEMKT
Oil & Gas E&P
$385.45M$2.21-1.34%$216.64M1.64x1.20
HP
HELMERICH & PAYNE INC
NYSE
Oil & Gas Drilling
$4.73B$45.28-0.15%$636.62M31.23x0.61
MRO
MARATHON OIL CORP
NYSE
Oil & Gas E&P
$16.38B$25.79-0.92%$5.79B4.96x0.60
VTNR
VERTEX ENERGY INC
NASDAQ
Oil & Gas Refining & Marketing
$549.36M$7.26-0.27%$22.31M-7.98x4.44
PAA
PLAINS ALL AMERICAN PIPELINE LP
NASDAQ
Oil & Gas Midstream
$8.81B$12.62-1.02%$2.84B8.70x1.48
VVV
VALVOLINE INC
NYSE
Oil & Gas Refining & Marketing
$6.33B$36.240.22%$599.70M15.29x10.14
NOG
NORTHERN OIL & GAS INC
NYSE
Oil & Gas E&P
$2.43B$31.21-2.35%$1.10B3.00x2.49

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-0.70%-2.47%+8.97%+50.77%3.93x0.97x-10.34%-2.03%-0.26%+23.20%Buy
85-2.83%-4.23%-3.81%+31.23%7.33x2.24x+17.57%+19.39%+27.70%+17.19%Buy
55-0.28%+0.05%+5.97%+30.58%50.51x3.15x+10.20%+4.50%+9.47%+17.55%Buy
15-0.42%-2.41%-0.62%+11.39%28.80x1.73x+20.00%+9.58%+18.59%+16.62%Buy
53-0.08%+0.67%+2.28%+19.63%7.63x2.30x+13.08%+4.12%+8.12%+15.40%Buy
21-0.95%-3.44%+4.06%+27.85%5.38x1.92x+48.72%+13.39%+23.55%+12.24%Buy

Energy Stocks FAQ

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

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

1. Petrobra (NYSE:PBR)


Petrobra (NYSE:PBR) is the top energy stock with a Zen Score of 72, which is 37 points higher than the energy sector average of 35. It passed 27 out of 38 due diligence checks and has strong fundamentals. Petrobra has seen its stock lose -17.48% over the past year, underperforming other energy stocks by -45 percentage points.

Petrobra has an average 1 year price target of $12.50, an upside of 11.71% from Petrobra's current stock price of $11.19.

Petrobra stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Petrobra, 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. Nextier Oilfield Solutions (NYSE:NEX)


Nextier Oilfield Solutions (NYSE:NEX) is the second best energy stock with a Zen Score of 68, which is 33 points higher than the energy sector average of 35. It passed 22 out of 33 due diligence checks and has strong fundamentals. Nextier Oilfield Solutions has seen its stock return 42.86% over the past year, overperforming other energy stocks by 15 percentage points.

Nextier Oilfield Solutions has an average 1 year price target of $13.36, an upside of 46.78% from Nextier Oilfield Solutions's current stock price of $9.10.

Nextier Oilfield Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Nextier Oilfield Solutions, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Black Stone Minerals (NYSE:BSM)


Black Stone Minerals (NYSE:BSM) is the third best energy stock with a Zen Score of 66, which is 31 points higher than the energy sector average of 35. It passed 24 out of 38 due diligence checks and has strong fundamentals. Black Stone Minerals has seen its stock return 30.54% over the past year, overperforming other energy stocks by 3 percentage points.

Black Stone Minerals has an average 1 year price target of $19.50, an upside of 25% from Black Stone Minerals's current stock price of $15.60.

Black Stone Minerals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Black Stone Minerals, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% 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 127 energy stocks that have issued dividends in the past year, the 3 energy stocks with the highest dividend yields are:

1. Petrobra (NYSE:PBR)


Petrobra (NYSE:PBR) has an annual dividend yield of 36.34%, which is 31 percentage points higher than the energy sector average of 5.19%. Petrobra's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Petrobra's dividend has shown consistent growth over the last 10 years.

Petrobra's dividend payout ratio of 68.5% indicates that its high dividend yield is sustainable for the long-term.

2. Cvr Energy (NYSE:CVI)


Cvr Energy (NYSE:CVI) has an annual dividend yield of 27.97%, which is 23 percentage points higher than the energy sector average of 5.19%. 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 not shown consistent growth over the last 10 years.

Cvr Energy's dividend payout ratio of 101.2% 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 21.74%, which is 17 percentage points higher than the energy sector average of 5.19%. Ecopetrol Sa's dividend payout is not stable, having dropped more than 10% six 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 78.3% indicates that its high dividend yield is sustainable for the long-term.

Why are energy stocks down?

Energy stocks were down -1.68% in the last day, and down -2.74% 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 54 points higher than the energy sector average of 32. It passed 6 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -0.35% in the past year. It has underperformed other stocks in the energy sector by -28 percentage points.

2. Berry (NASDAQ:BRY)


Berry (NASDAQ:BRY) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. Berry has a valuation score of 86, which is 54 points higher than the energy sector average of 32. It passed 6 out of 7 valuation due diligence checks.

Berry's stock has dropped -0.73% in the past year. It has underperformed other stocks in the energy sector by -28 percentage points.

3. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Torm has a valuation score of 86, which is 54 points higher than the energy sector average of 32. It passed 6 out of 7 valuation due diligence checks.

Torm's stock has gained 274.93% in the past year. It has overperformed other stocks in the energy sector by 247 percentage points.

Are energy stocks a good buy now?

43.06% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 16.73% 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 20.32x.
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.