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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
PED
PEDEVCO CORP
NYSEMKT
Oil & Gas E&P
$75.29M$0.87-2.81%$14.10M28.83x0.20
GTE
GRAN TIERRA ENERGY INC
NYSEMKT
Oil & Gas E&P
$275.54M$0.80-1.12%$471.71M2.09x2.20
AR
ANTERO RESOURCES CORP
NYSE
Oil & Gas E&P
$6.66B$22.571.67%$3.16B3.65x1.05
ESTE
EARTHSTONE ENERGY INC
NYSE
Oil & Gas E&P
$1.81B$12.880.23%$945.54M2.52x0.98
REX
REX AMERICAN RESOURCES CORP
NYSE
Oil & Gas Refining & Marketing
$497.72M$28.62-1.85%$82.60M12.46x0.17
APA
APA CORP
NASDAQ
Oil & Gas E&P
$11.17B$35.910.03%$6.87B3.25x27.90
KMI
KINDER MORGAN INC
NYSE
Oil & Gas Midstream
$38.78B$17.251.11%$6.96B15.40x1.24
NOG
NORTHERN OIL & GAS INC
NYSE
Oil & Gas E&P
$2.55B$29.881.05%$1.11B3.23x2.86
PAA
PLAINS ALL AMERICAN PIPELINE LP
NASDAQ
Oil & Gas Midstream
$8.61B$12.331.65%$2.60B10.36x1.45
WTTR
SELECT ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$832.80M$6.630.00%$167.65M13.00x0.44
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$56.09M$23.002.54%$4.58M-51.11x0.32
TGS
GAS TRANSPORTER OF THE SOUTH INC
NYSE
Oil & Gas Midstream
$1.54B$10.203.13%$527.99M8.36x0.73
MRC
MRC GLOBAL INC
NYSE
Oil & Gas Equipment & Services
$792.20M$9.470.11%$173.00M15.52x3.91
GBR
NEW CONCEPT ENERGY INC
NYSEMKT
Oil & Gas E&P
$5.59M$1.090.93%$193.00k27.25x0.01
PR
PERMIAN RESOURCES CORP
NYSE
Oil & Gas E&P
$5.72B$10.233.02%$1.18B5.68x0.97
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$10.31M$0.310.99%-$5.62M-1.18x0.24
NE
NOBLE CORP PLC
NYSE
Oil & Gas Drilling
$5.38B$39.940.33%$381.10M20.07x0.45
SGU
STAR GROUP LP
NYSE
Oil & Gas Midstream
$463.14M$12.980.46%$93.42M17.08x2.99
CAPL
CROSSAMERICA PARTNERS LP
NYSE
Oil & Gas Refining & Marketing
$791.38M$20.861.11%$177.14M12.80x22.19
GEOS
GEOSPACE TECHNOLOGIES CORP
NASDAQ
Oil & Gas Equipment & Services
$95.46M$7.271.39%$3.01M-5.82x0.14
ALTO
ALTO INGREDIENTS INC
NASDAQ
Oil & Gas Refining & Marketing
$114.22M$1.52-1.94%-$12.75M-2.53x0.55
CRC
CALIFORNIA RESOURCES CORP
NYSE
Oil & Gas E&P
$2.75B$38.531.21%$1.01B5.55x1.13
ENLC
ENLINK MIDSTREAM LLC
NYSE
Oil & Gas Midstream
$4.96B$10.542.03%$1.15B13.87x4.39
HPK
HIGHPEAK ENERGY INC
NASDAQ
Oil & Gas E&P
$2.59B$22.922.50%$540.57M11.24x0.95
CVI
CVR ENERGY INC
NYSE
Oil & Gas Refining & Marketing
$3.32B$33.052.26%$993.00M7.18x6.27
BTE
BAYTEX ENERGY CORP
NYSE
Oil & Gas E&P
$2.03B$3.732.19%$1.17B3.29x0.68
CPG
CRESCENT POINT ENERGY CORP
NYSE
Oil & Gas E&P
$3.81B$6.914.07%$2.15B3.56x0.46
EQT
EQT CORP
NYSE
Oil & Gas E&P
$11.33B$31.451.78%$4.27BN/A1.03
DKL
DELEK LOGISTICS PARTNERS LP
NYSE
Oil & Gas Midstream
$2.15B$49.44-0.90%$328.19M13.51x-16.17
AE
ADAMS RESOURCES & ENERGY INC
NYSEMKT
Oil & Gas Refining & Marketing
$93.78M$37.000.41%$29.40M43.02x3.12
PHX
PHX MINERALS INC
NYSE
Oil & Gas E&P
$95.64M$2.621.55%$30.62M5.46x0.41
HEP
HOLLY ENERGY PARTNERS LP
NYSE
Oil & Gas Midstream
$2.22B$17.560.06%$402.48M9.92x2.12
VTNR
VERTEX ENERGY INC
NASDAQ
Oil & Gas Refining & Marketing
$746.85M$9.874.33%$85.02MN/A3.20
TALO
TALOS ENERGY INC
NYSE
Oil & Gas E&P
$1.91B$15.113.07%$980.58M3.26x1.62
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$3.25B$41.04-0.02%$172.01M22.43x0.71
DHT
DHT HOLDINGS INC
NYSE
Oil & Gas Midstream
$1.75B$10.74-1.29%$211.56M29.03x0.41
HUSA
HOUSTON AMERICAN ENERGY CORP
NYSEMKT
Oil & Gas E&P
$26.71M$2.693.46%-$523.82k-26.90x0.04
INT
WORLD FUEL SERVICES CORP
NYSE
Oil & Gas Refining & Marketing
$1.55B$24.94-0.08%$361.70M13.63x3.11
NVGS
NAVIGATOR HOLDINGS LTD
NYSE
Oil & Gas Midstream
$1.06B$13.83-0.72%N/A20.04x0.79
BATL
BATTALION OIL CORP
NYSEMKT
Oil & Gas E&P
$112.29M$6.871.18%$117.44M2.15x4.23
TK
TEEKAY CORP
NYSE
Oil & Gas Midstream
$630.59M$6.19-1.28%-$26.26M29.48x1.33
TRGP
TARGA RESOURCES CORP
NYSE
Oil & Gas Midstream
$16.13B$71.161.28%$2.87B18.02x5.47
DK
DELEK US HOLDINGS INC
NYSE
Oil & Gas Refining & Marketing
$1.55B$23.14-1.49%$865.90M6.37x7.55
GLOP
GASLOG PARTNERS LP
NYSE
Oil & Gas Midstream
$447.81M$8.46-1.05%$254.12M4.78x1.10
WMB
WILLIAMS COMPANIES INC
NYSE
Oil & Gas Midstream
$35.67B$29.271.39%$5.65B17.42x2.99
FRO
FRONTLINE PLC
NYSE
Oil & Gas Midstream
$3.35B$16.44-1.85%$290.41M53.03x1.29
GIFI
GULF ISLAND FABRICATION INC
NASDAQ
Oil & Gas Equipment & Services
$56.30M$3.53-16.67%$1.68M-16.79x0.31
PUMP
PROPETRO HOLDING CORP
NYSE
Oil & Gas Equipment & Services
$851.41M$7.400.54%$137.10M370.00x0.40
VVV
VALVOLINE INC
NYSE
Oil & Gas Refining & Marketing
$5.91B$34.380.50%$597.30M14.57x11.28
USEG
US ENERGY CORP
NASDAQ
Oil & Gas E&P
$42.54M$1.70-5.03%$4.59M-5.67x0.48
DTM
DT MIDSTREAM INC
NYSE
Oil & Gas Midstream
$9.61B$48.800.58%$796.00M12.74x1.17
STR
SITIO ROYALTIES CORP
NYSE
Oil & Gas E&P
$3.38B$21.90-0.64%$329.77M19.91x0.75
NGS
NATURAL GAS SERVICES GROUP INC
NYSE
Oil & Gas Equipment & Services
$127.47M$10.261.38%$17.29M-24.43x0.30
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$5.37B$27.021.39%$482.30M35.09x1.01
WTI
W&T OFFSHORE INC
NYSE
Oil & Gas E&P
$746.95M$5.101.59%$487.88M3.17x186.55
HP
HELMERICH & PAYNE INC
NYSE
Oil & Gas Drilling
$3.84B$36.780.11%$636.62M25.37x0.61
BKR
BAKER HUGHES CO
NASDAQ
Oil & Gas Equipment & Services
$28.49B$28.172.14%$1.31B-46.18x1.37
USAC
USA COMPRESSION PARTNERS LP
NYSE
Oil & Gas Equipment & Services
$2.06B$20.931.50%$406.06M-110.16x-19.82
AM
ANTERO MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$4.92B$10.271.78%$765.45M15.10x1.64
EURN
EURONAV NV
NYSE
Oil & Gas Midstream
$3.69B$16.79-2.67%N/A16.62x0.83
DRQ
DRIL-QUIP INC
NYSE
Oil & Gas Equipment & Services
$962.28M$28.161.48%$36.41M2,816.00x0.11
SDPI
SUPERIOR DRILLING PRODUCTS INC
NYSEMKT
Oil & Gas Equipment & Services
$26.61M$0.910.00%$3.47M22.75x1.18
CLNE
CLEAN ENERGY FUELS CORP
NASDAQ
Oil & Gas Refining & Marketing
$937.69M$4.211.69%$5.87M-16.19x0.49
NINE
NINE ENERGY SERVICE INC
NYSE
Oil & Gas Equipment & Services
$195.48M$5.63-3.60%$96.34M11.98x-19.16
SND
SMART SAND INC
NASDAQ
Oil & Gas Equipment & Services
$81.12M$1.77-0.56%$24.98M-88.50x0.48
FET
FORUM ENERGY TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$256.62M$24.92-0.68%$78.85M38.34x1.72
DLNG
DYNAGAS LNG PARTNERS LP
NYSE
Oil & Gas Midstream
$104.89M$2.850.00%$112.90M2.48x1.24
XPRO
EXPRO GROUP HOLDINGS NV
NYSE
Oil & Gas Equipment & Services
$2.01B$18.470.65%$161.11M-102.61x0.51
CRGY
CRESCENT ENERGY CO
NYSEMKT
Oil & Gas E&P
$1.83B$10.991.57%$761.83M5.00x3.21
KLXE
KLX ENERGY SERVICES HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$192.30M$11.720.17%$89.30M-43.41x-30.49
NOV
NOV INC
NYSE
Oil & Gas Equipment & Services
$7.24B$18.430.93%$617.00M46.08x0.98
KNTK
KINETIK HOLDINGS INC
NYSE
Oil & Gas Midstream
$4.42B$30.88-0.32%$662.93M20.86x-4.34
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$1.52B$9.700.83%$329.31M34.64x2.02
PAGP
PLAINS GP HOLDINGS LP
NASDAQ
Oil & Gas Midstream
$2.52B$12.951.01%$1.79B15.06x9.56
TRP
TC ENERGY CORP
NYSE
Oil & Gas Midstream
$40.42B$39.712.64%$4.89B82.56x2.36
AESI
ATLAS ENERGY SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
N/A$16.781.02%$263.02MN/A0.47
HESM
HESS MIDSTREAM LP
NYSE
Oil & Gas Midstream
$1.28B$29.021.50%$441.10M14.30x5.78
MTRX
MATRIX SERVICE CO
NASDAQ
Oil & Gas Equipment & Services
$137.89M$5.102.62%-$44.55M-2.27x1.29
CCLP
CSI COMPRESSCO LP
NASDAQ
Oil & Gas Equipment & Services
$181.23M$1.282.40%$111.43M-8.00x-29.58
GLNG
GOLAR LNG LTD
NASDAQ
Oil & Gas Midstream
$2.26B$20.870.14%$576.71M5.46x-1.60
TELL
TELLURIAN INC
NASDAQ
Oil & Gas E&P
$642.41M$1.14-2.56%$8.41M-12.67x1.12
NS
NUSTAR ENERGY LP
NYSE
Oil & Gas Midstream
$1.74B$15.660.84%$694.23M43.50x4.02
UGP
ULTRAPAR HOLDINGS INC
NYSE
Oil & Gas Refining & Marketing
$2.83B$2.600.78%$618.95M17.11x2.84
BOOM
DMC GLOBAL INC
NASDAQ
Oil & Gas Equipment & Services
$415.27M$21.160.00%$79.02M29.39x0.82
SLCA
US SILICA HOLDINGS INC
NYSE
Oil & Gas Equipment & Services
$905.08M$11.890.00%$322.10M11.43x2.17
VTS
VITESSE ENERGY INC
NYSE
Oil & Gas E&P
$549.10M$19.254.85%$186.79M74.04x0.16
DWSN
DAWSON GEOPHYSICAL CO
NASDAQ
Oil & Gas Equipment & Services
$38.81M$1.63-10.44%-$10.52M-1.90x0.47
PBT
PERMIAN BASIN ROYALTY TRUST
NYSE
Oil & Gas E&P
$1.11B$23.89-1.32%N/A20.77x10.22
LNG
CHENIERE ENERGY INC
NYSEMKT
Oil & Gas Midstream
$37.89B$155.491.28%$5.02B27.33x-13.96
EP
EMPIRE PETROLEUM CORP
NYSE
Oil & Gas E&P
$273.77M$12.391.06%$4.37M-247.80x1.73
ALPS
ALPINE SUMMIT ENERGY PARTNERS INC
NASDAQ
Oil & Gas E&P
$21.61M$0.64-22.32%$118.12M2.90x28.06
GEL
GENESIS ENERGY LP
NYSE
Oil & Gas Midstream
$1.38B$11.220.63%$600.99M-280.50x8.01
ENB
ENBRIDGE INC
NYSE
Oil & Gas Midstream
$76.60B$37.832.99%$9.10B39.32x1.94
TUSK
MAMMOTH ENERGY SERVICES INC
NASDAQ
Oil & Gas Equipment & Services
$202.02M$4.271.91%$88.77M-427.00x0.57
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$350.73M$3.91-2.49%$29.19M-17.77x0.69
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$2.32B$45.803.41%$98.85M-93.47x0.50
GPOR
GULFPORT ENERGY CORP
NYSE
Oil & Gas E&P
$1.50B$79.430.29%$745.83M3.88x2.00
OIS
OIL STATES INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$517.62M$8.100.87%$73.85M-54.00x0.54
YPF
YPF SOCIEDAD ANONIMA
NYSE
Oil & Gas Integrated
$8.83B$11.233.69%$3.12B3,743.33x1.84
CEQP
CRESTWOOD EQUITY PARTNERS LP
NYSE
Oil & Gas Midstream
$2.58B$24.501.24%$539.50M-84.48x2.87

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10+1.40%+6.91%-12.03%-15.99%7.00x1.01x-4.81%+0.28%+1.60%+52.22%Buy
86+0.69%+4.11%-4.39%-1.80%6.92x1.94x+78.75%+20.14%+28.07%+37.10%Strong Buy
57+0.84%+4.45%-10.93%-3.23%22.19x2.66x+13.25%+5.09%+10.55%+47.13%Buy
15+1.20%+3.25%-2.85%+0.64%23.72x1.57x+26.13%+11.94%+24.92%+15.86%Hold
54+0.62%+1.98%-3.32%+8.16%21.39x2.18x+8.84%+5.42%+9.73%+23.38%Buy
21+0.76%+3.76%-2.73%+21.44%4.96x1.88x+52.50%+15.25%+27.53%+18.99%Buy

Energy Stocks FAQ

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

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

1. Global Partners (NYSE:GLP)


Global Partners (NYSE:GLP) 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. Global Partners has seen its stock return 14.18% over the past year, overperforming other energy stocks by 13 percentage points.

Global Partners has an average 1 year price target of $35.00, an upside of 11.71% from Global Partners's current stock price of $31.33.

Global Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Global Partners, 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. Coterra Energy (NYSE:CTRA)


Coterra Energy (NYSE:CTRA) is the second best energy stock with a Zen Score of 63, which is 29 points higher than the energy sector average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Coterra Energy has seen its stock lose -12.01% over the past year, underperforming other energy stocks by -13 percentage points.

Coterra Energy has an average 1 year price target of $31.00, an upside of 28.58% from Coterra Energy's current stock price of $24.11.

Coterra Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Coterra Energy, 35.71% have issued a Strong Buy rating, 7.14% 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. Mexco Energy (NYSEMKT:MXC)


Mexco Energy (NYSEMKT:MXC) is the third best energy stock with a Zen Score of 63, which is 29 points higher than the energy sector average of 34. It passed 20 out of 33 due diligence checks and has strong fundamentals. Mexco Energy has seen its stock lose -30.63% over the past year, underperforming other energy stocks by -32 percentage points.

What are the energy stocks with highest dividends?

Out of 126 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 39.1%, which is 33 percentage points higher than the energy sector average of 5.66%. 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 72.3% 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 26.72%, which is 21 percentage points higher than the energy sector average of 5.66%.

Dorian Lpg's dividend payout ratio of 136.8% 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 22.75%, which is 17 percentage points higher than the energy sector average of 5.66%. 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 25.8% indicates that its high dividend yield is sustainable for the long-term.

Why are energy stocks up?

Energy stocks were up 0.77% in the last day, and up 3.78% over the last week.

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

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 100, which is 61 points higher than the energy sector average of 39. It passed 7 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -15.19% in the past year. It has underperformed other stocks in the energy sector by -16 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 47 points higher than the energy sector average of 39. It passed 6 out of 7 valuation due diligence checks.

Berry's stock has dropped -25.74% in the past year. It has underperformed other stocks in the energy sector by -27 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 86, which is 47 points higher than the energy sector average of 39. It passed 6 out of 7 valuation due diligence checks.

Chesapeake Energy's stock has dropped -13.48% in the past year. It has underperformed other stocks in the energy sector by -15 percentage points.

Are energy stocks a good buy now?

43.9% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 31.83% 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 18.29x.
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.