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
PED	PEDEVCO CORP	NYSEMKT	Oil & Gas E&P	$75.29M	$0.87	-2.81%	$14.10M	28.83x	0.20
GTE	GRAN TIERRA ENERGY INC	NYSEMKT	Oil & Gas E&P	$275.54M	$0.80	-1.12%	$471.71M	2.09x	2.20
AR	ANTERO RESOURCES CORP	NYSE	Oil & Gas E&P	$6.66B	$22.57	1.67%	$3.16B	3.65x	1.05
ESTE	EARTHSTONE ENERGY INC	NYSE	Oil & Gas E&P	$1.81B	$12.88	0.23%	$945.54M	2.52x	0.98
REX	REX AMERICAN RESOURCES CORP	NYSE	Oil & Gas Refining & Marketing	$497.72M	$28.62	-1.85%	$82.60M	12.46x	0.17
APA	APA CORP	NASDAQ	Oil & Gas E&P	$11.17B	$35.91	0.03%	$6.87B	3.25x	27.90
KMI	KINDER MORGAN INC	NYSE	Oil & Gas Midstream	$38.78B	$17.25	1.11%	$6.96B	15.40x	1.24
NOG	NORTHERN OIL & GAS INC	NYSE	Oil & Gas E&P	$2.55B	$29.88	1.05%	$1.11B	3.23x	2.86
PAA	PLAINS ALL AMERICAN PIPELINE LP	NASDAQ	Oil & Gas Midstream	$8.61B	$12.33	1.65%	$2.60B	10.36x	1.45
WTTR	SELECT ENERGY SERVICES INC	NYSE	Oil & Gas Equipment & Services	$832.80M	$6.63	0.00%	$167.65M	13.00x	0.44
NCSM	NCS MULTISTAGE HOLDINGS INC	NASDAQ	Oil & Gas Equipment & Services	$56.09M	$23.00	2.54%	$4.58M	-51.11x	0.32
TGS	GAS TRANSPORTER OF THE SOUTH INC	NYSE	Oil & Gas Midstream	$1.54B	$10.20	3.13%	$527.99M	8.36x	0.73
MRC	MRC GLOBAL INC	NYSE	Oil & Gas Equipment & Services	$792.20M	$9.47	0.11%	$173.00M	15.52x	3.91
GBR	NEW CONCEPT ENERGY INC	NYSEMKT	Oil & Gas E&P	$5.59M	$1.09	0.93%	$193.00k	27.25x	0.01
PR	PERMIAN RESOURCES CORP	NYSE	Oil & Gas E&P	$5.72B	$10.23	3.02%	$1.18B	5.68x	0.97
RCON	RECON TECHNOLOGY LTD	NASDAQ	Oil & Gas Equipment & Services	$10.31M	$0.31	0.99%	-$5.62M	-1.18x	0.24
NE	NOBLE CORP PLC	NYSE	Oil & Gas Drilling	$5.38B	$39.94	0.33%	$381.10M	20.07x	0.45
SGU	STAR GROUP LP	NYSE	Oil & Gas Midstream	$463.14M	$12.98	0.46%	$93.42M	17.08x	2.99
CAPL	CROSSAMERICA PARTNERS LP	NYSE	Oil & Gas Refining & Marketing	$791.38M	$20.86	1.11%	$177.14M	12.80x	22.19
GEOS	GEOSPACE TECHNOLOGIES CORP	NASDAQ	Oil & Gas Equipment & Services	$95.46M	$7.27	1.39%	$3.01M	-5.82x	0.14
ALTO	ALTO INGREDIENTS INC	NASDAQ	Oil & Gas Refining & Marketing	$114.22M	$1.52	-1.94%	-$12.75M	-2.53x	0.55
CRC	CALIFORNIA RESOURCES CORP	NYSE	Oil & Gas E&P	$2.75B	$38.53	1.21%	$1.01B	5.55x	1.13
ENLC	ENLINK MIDSTREAM LLC	NYSE	Oil & Gas Midstream	$4.96B	$10.54	2.03%	$1.15B	13.87x	4.39
HPK	HIGHPEAK ENERGY INC	NASDAQ	Oil & Gas E&P	$2.59B	$22.92	2.50%	$540.57M	11.24x	0.95
CVI	CVR ENERGY INC	NYSE	Oil & Gas Refining & Marketing	$3.32B	$33.05	2.26%	$993.00M	7.18x	6.27
BTE	BAYTEX ENERGY CORP	NYSE	Oil & Gas E&P	$2.03B	$3.73	2.19%	$1.17B	3.29x	0.68
CPG	CRESCENT POINT ENERGY CORP	NYSE	Oil & Gas E&P	$3.81B	$6.91	4.07%	$2.15B	3.56x	0.46
EQT	EQT CORP	NYSE	Oil & Gas E&P	$11.33B	$31.45	1.78%	$4.27B	N/A	1.03
DKL	DELEK LOGISTICS PARTNERS LP	NYSE	Oil & Gas Midstream	$2.15B	$49.44	-0.90%	$328.19M	13.51x	-16.17
AE	ADAMS RESOURCES & ENERGY INC	NYSEMKT	Oil & Gas Refining & Marketing	$93.78M	$37.00	0.41%	$29.40M	43.02x	3.12
PHX	PHX MINERALS INC	NYSE	Oil & Gas E&P	$95.64M	$2.62	1.55%	$30.62M	5.46x	0.41
HEP	HOLLY ENERGY PARTNERS LP	NYSE	Oil & Gas Midstream	$2.22B	$17.56	0.06%	$402.48M	9.92x	2.12
VTNR	VERTEX ENERGY INC	NASDAQ	Oil & Gas Refining & Marketing	$746.85M	$9.87	4.33%	$85.02M	N/A	3.20
TALO	TALOS ENERGY INC	NYSE	Oil & Gas E&P	$1.91B	$15.11	3.07%	$980.58M	3.26x	1.62
WHD	CACTUS INC	NYSE	Oil & Gas Equipment & Services	$3.25B	$41.04	-0.02%	$172.01M	22.43x	0.71
DHT	DHT HOLDINGS INC	NYSE	Oil & Gas Midstream	$1.75B	$10.74	-1.29%	$211.56M	29.03x	0.41
HUSA	HOUSTON AMERICAN ENERGY CORP	NYSEMKT	Oil & Gas E&P	$26.71M	$2.69	3.46%	-$523.82k	-26.90x	0.04
INT	WORLD FUEL SERVICES CORP	NYSE	Oil & Gas Refining & Marketing	$1.55B	$24.94	-0.08%	$361.70M	13.63x	3.11
NVGS	NAVIGATOR HOLDINGS LTD	NYSE	Oil & Gas Midstream	$1.06B	$13.83	-0.72%	N/A	20.04x	0.79
BATL	BATTALION OIL CORP	NYSEMKT	Oil & Gas E&P	$112.29M	$6.87	1.18%	$117.44M	2.15x	4.23
TK	TEEKAY CORP	NYSE	Oil & Gas Midstream	$630.59M	$6.19	-1.28%	-$26.26M	29.48x	1.33
TRGP	TARGA RESOURCES CORP	NYSE	Oil & Gas Midstream	$16.13B	$71.16	1.28%	$2.87B	18.02x	5.47
DK	DELEK US HOLDINGS INC	NYSE	Oil & Gas Refining & Marketing	$1.55B	$23.14	-1.49%	$865.90M	6.37x	7.55
GLOP	GASLOG PARTNERS LP	NYSE	Oil & Gas Midstream	$447.81M	$8.46	-1.05%	$254.12M	4.78x	1.10
WMB	WILLIAMS COMPANIES INC	NYSE	Oil & Gas Midstream	$35.67B	$29.27	1.39%	$5.65B	17.42x	2.99
FRO	FRONTLINE PLC	NYSE	Oil & Gas Midstream	$3.35B	$16.44	-1.85%	$290.41M	53.03x	1.29
GIFI	GULF ISLAND FABRICATION INC	NASDAQ	Oil & Gas Equipment & Services	$56.30M	$3.53	-16.67%	$1.68M	-16.79x	0.31
PUMP	PROPETRO HOLDING CORP	NYSE	Oil & Gas Equipment & Services	$851.41M	$7.40	0.54%	$137.10M	370.00x	0.40
VVV	VALVOLINE INC	NYSE	Oil & Gas Refining & Marketing	$5.91B	$34.38	0.50%	$597.30M	14.57x	11.28
USEG	US ENERGY CORP	NASDAQ	Oil & Gas E&P	$42.54M	$1.70	-5.03%	$4.59M	-5.67x	0.48
DTM	DT MIDSTREAM INC	NYSE	Oil & Gas Midstream	$9.61B	$48.80	0.58%	$796.00M	12.74x	1.17
STR	SITIO ROYALTIES CORP	NYSE	Oil & Gas E&P	$3.38B	$21.90	-0.64%	$329.77M	19.91x	0.75
NGS	NATURAL GAS SERVICES GROUP INC	NYSE	Oil & Gas Equipment & Services	$127.47M	$10.26	1.38%	$17.29M	-24.43x	0.30
CHX	CHAMPIONX CORP	NASDAQ	Oil & Gas Equipment & Services	$5.37B	$27.02	1.39%	$482.30M	35.09x	1.01
WTI	W&T OFFSHORE INC	NYSE	Oil & Gas E&P	$746.95M	$5.10	1.59%	$487.88M	3.17x	186.55
HP	HELMERICH & PAYNE INC	NYSE	Oil & Gas Drilling	$3.84B	$36.78	0.11%	$636.62M	25.37x	0.61
BKR	BAKER HUGHES CO	NASDAQ	Oil & Gas Equipment & Services	$28.49B	$28.17	2.14%	$1.31B	-46.18x	1.37
USAC	USA COMPRESSION PARTNERS LP	NYSE	Oil & Gas Equipment & Services	$2.06B	$20.93	1.50%	$406.06M	-110.16x	-19.82
AM	ANTERO MIDSTREAM CORP	NYSE	Oil & Gas Midstream	$4.92B	$10.27	1.78%	$765.45M	15.10x	1.64
EURN	EURONAV NV	NYSE	Oil & Gas Midstream	$3.69B	$16.79	-2.67%	N/A	16.62x	0.83
DRQ	DRIL-QUIP INC	NYSE	Oil & Gas Equipment & Services	$962.28M	$28.16	1.48%	$36.41M	2,816.00x	0.11
SDPI	SUPERIOR DRILLING PRODUCTS INC	NYSEMKT	Oil & Gas Equipment & Services	$26.61M	$0.91	0.00%	$3.47M	22.75x	1.18
CLNE	CLEAN ENERGY FUELS CORP	NASDAQ	Oil & Gas Refining & Marketing	$937.69M	$4.21	1.69%	$5.87M	-16.19x	0.49
NINE	NINE ENERGY SERVICE INC	NYSE	Oil & Gas Equipment & Services	$195.48M	$5.63	-3.60%	$96.34M	11.98x	-19.16
SND	SMART SAND INC	NASDAQ	Oil & Gas Equipment & Services	$81.12M	$1.77	-0.56%	$24.98M	-88.50x	0.48
FET	FORUM ENERGY TECHNOLOGIES INC	NYSE	Oil & Gas Equipment & Services	$256.62M	$24.92	-0.68%	$78.85M	38.34x	1.72
DLNG	DYNAGAS LNG PARTNERS LP	NYSE	Oil & Gas Midstream	$104.89M	$2.85	0.00%	$112.90M	2.48x	1.24
XPRO	EXPRO GROUP HOLDINGS NV	NYSE	Oil & Gas Equipment & Services	$2.01B	$18.47	0.65%	$161.11M	-102.61x	0.51
CRGY	CRESCENT ENERGY CO	NYSEMKT	Oil & Gas E&P	$1.83B	$10.99	1.57%	$761.83M	5.00x	3.21
KLXE	KLX ENERGY SERVICES HOLDINGS INC	NASDAQ	Oil & Gas Equipment & Services	$192.30M	$11.72	0.17%	$89.30M	-43.41x	-30.49
NOV	NOV INC	NYSE	Oil & Gas Equipment & Services	$7.24B	$18.43	0.93%	$617.00M	46.08x	0.98
KNTK	KINETIK HOLDINGS INC	NYSE	Oil & Gas Midstream	$4.42B	$30.88	-0.32%	$662.93M	20.86x	-4.34
AROC	ARCHROCK INC	NYSE	Oil & Gas Equipment & Services	$1.52B	$9.70	0.83%	$329.31M	34.64x	2.02
PAGP	PLAINS GP HOLDINGS LP	NASDAQ	Oil & Gas Midstream	$2.52B	$12.95	1.01%	$1.79B	15.06x	9.56
TRP	TC ENERGY CORP	NYSE	Oil & Gas Midstream	$40.42B	$39.71	2.64%	$4.89B	82.56x	2.36
AESI	ATLAS ENERGY SOLUTIONS INC	NYSE	Oil & Gas Equipment & Services	N/A	$16.78	1.02%	$263.02M	N/A	0.47
HESM	HESS MIDSTREAM LP	NYSE	Oil & Gas Midstream	$1.28B	$29.02	1.50%	$441.10M	14.30x	5.78
MTRX	MATRIX SERVICE CO	NASDAQ	Oil & Gas Equipment & Services	$137.89M	$5.10	2.62%	-$44.55M	-2.27x	1.29
CCLP	CSI COMPRESSCO LP	NASDAQ	Oil & Gas Equipment & Services	$181.23M	$1.28	2.40%	$111.43M	-8.00x	-29.58
GLNG	GOLAR LNG LTD	NASDAQ	Oil & Gas Midstream	$2.26B	$20.87	0.14%	$576.71M	5.46x	-1.60
TELL	TELLURIAN INC	NASDAQ	Oil & Gas E&P	$642.41M	$1.14	-2.56%	$8.41M	-12.67x	1.12
NS	NUSTAR ENERGY LP	NYSE	Oil & Gas Midstream	$1.74B	$15.66	0.84%	$694.23M	43.50x	4.02
UGP	ULTRAPAR HOLDINGS INC	NYSE	Oil & Gas Refining & Marketing	$2.83B	$2.60	0.78%	$618.95M	17.11x	2.84
BOOM	DMC GLOBAL INC	NASDAQ	Oil & Gas Equipment & Services	$415.27M	$21.16	0.00%	$79.02M	29.39x	0.82
SLCA	US SILICA HOLDINGS INC	NYSE	Oil & Gas Equipment & Services	$905.08M	$11.89	0.00%	$322.10M	11.43x	2.17
VTS	VITESSE ENERGY INC	NYSE	Oil & Gas E&P	$549.10M	$19.25	4.85%	$186.79M	74.04x	0.16
DWSN	DAWSON GEOPHYSICAL CO	NASDAQ	Oil & Gas Equipment & Services	$38.81M	$1.63	-10.44%	-$10.52M	-1.90x	0.47
PBT	PERMIAN BASIN ROYALTY TRUST	NYSE	Oil & Gas E&P	$1.11B	$23.89	-1.32%	N/A	20.77x	10.22
LNG	CHENIERE ENERGY INC	NYSEMKT	Oil & Gas Midstream	$37.89B	$155.49	1.28%	$5.02B	27.33x	-13.96
EP	EMPIRE PETROLEUM CORP	NYSE	Oil & Gas E&P	$273.77M	$12.39	1.06%	$4.37M	-247.80x	1.73
ALPS	ALPINE SUMMIT ENERGY PARTNERS INC	NASDAQ	Oil & Gas E&P	$21.61M	$0.64	-22.32%	$118.12M	2.90x	28.06
GEL	GENESIS ENERGY LP	NYSE	Oil & Gas Midstream	$1.38B	$11.22	0.63%	$600.99M	-280.50x	8.01
ENB	ENBRIDGE INC	NYSE	Oil & Gas Midstream	$76.60B	$37.83	2.99%	$9.10B	39.32x	1.94
TUSK	MAMMOTH ENERGY SERVICES INC	NASDAQ	Oil & Gas Equipment & Services	$202.02M	$4.27	1.91%	$88.77M	-427.00x	0.57
NR	NEWPARK RESOURCES INC	NYSE	Oil & Gas Equipment & Services	$350.73M	$3.91	-2.49%	$29.19M	-17.77x	0.69
TDW	TIDEWATER INC	NYSE	Oil & Gas Equipment & Services	$2.32B	$45.80	3.41%	$98.85M	-93.47x	0.50
GPOR	GULFPORT ENERGY CORP	NYSE	Oil & Gas E&P	$1.50B	$79.43	0.29%	$745.83M	3.88x	2.00
OIS	OIL STATES INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$517.62M	$8.10	0.87%	$73.85M	-54.00x	0.54
YPF	YPF SOCIEDAD ANONIMA	NYSE	Oil & Gas Integrated	$8.83B	$11.23	3.69%	$3.12B	3,743.33x	1.84
CEQP	CRESTWOOD EQUITY PARTNERS LP	NYSE	Oil & Gas Midstream	$2.58B	$24.50	1.24%	$539.50M	-84.48x	2.87

Energy Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Oil & Gas Drilling	10	+1.40%	+6.91%	-12.03%	-15.99%	7.00x	1.01x	-4.81%	+0.28%	+1.60%	+52.22%	Buy
Oil & Gas E&P	86	+0.69%	+4.11%	-4.39%	-1.80%	6.92x	1.94x	+78.75%	+20.14%	+28.07%	+37.10%	Strong Buy
Oil & Gas Equipment & Services	57	+0.84%	+4.45%	-10.93%	-3.23%	22.19x	2.66x	+13.25%	+5.09%	+10.55%	+47.13%	Buy
Oil & Gas Integrated	15	+1.20%	+3.25%	-2.85%	+0.64%	23.72x	1.57x	+26.13%	+11.94%	+24.92%	+15.86%	Hold
Oil & Gas Midstream	54	+0.62%	+1.98%	-3.32%	+8.16%	21.39x	2.18x	+8.84%	+5.42%	+9.73%	+23.38%	Buy
Oil & Gas Refining & Marketing	21	+0.76%	+3.76%	-2.73%	+21.44%	4.96x	1.88x	+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.