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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
CLB
CORE LABORATORIES INC
NYSE
Oil & Gas Equipment & Services
$782.04M$16.69-3.19%$70.07M21.13x1.59
PSX
PHILLIPS 66
NYSE
Oil & Gas Refining & Marketing
$67.28B$157.25-0.40%$12.12B10.11x1.43
VNOM
VIPER ENERGY INC
NASDAQ
Oil & Gas Midstream
$6.88B$38.92-1.24%$441.07M14.47x1.10
PAA
PLAINS ALL AMERICAN PIPELINE LP
NASDAQ
Oil & Gas Midstream
$12.17B$17.360.58%$2.79B12.40x1.31
BP
BP PLC
NYSE
Oil & Gas Integrated
$107.80B$38.37-0.67%$42.88B7.28x2.77
EQNR
EQUINOR ASA
NYSE
Oil & Gas Integrated
$80.24B$27.25-1.87%$50.16B6.93x1.96
VVV
VALVOLINE INC
NYSE
Oil & Gas Refining & Marketing
$5.35B$41.24-1.01%$1.57B4.87x40.81
ET
ENERGY TRANSFER LP
NYSE
Oil & Gas Midstream
$51.29B$15.230.86%$11.20B13.85x1.90
FTI
TECHNIPFMC PLC
NYSE
Oil & Gas Equipment & Services
$10.97B$25.340.24%$710.90M194.92x2.07
CNX
CNX RESOURCES CORP
NYSE
Oil & Gas E&P
$3.62B$23.850.08%$2.80B2.25x0.98
MARPS
MARINE PETROLEUM TRUST
NASDAQ
Oil & Gas Midstream
$8.82M$4.41-5.97%N/A9.80x0.00
TTE
TOTALENERGIES SE
NYSE
Oil & Gas Integrated
$173.08B$71.750.00%$51.32B8.23x1.41
NE
NOBLE CORP PLC
NYSE
Oil & Gas Drilling
$6.60B$46.21-1.81%$872.73M13.28x0.41
AESI
ATLAS ENERGY SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$2.20B$21.97-0.90%$186.13M14.65x0.45
ENB
ENBRIDGE INC
NYSE
Oil & Gas Midstream
$70.85B$33.331.09%$12.27B15.73x1.89
PBA
PEMBINA PIPELINE CORP
NYSE
Oil & Gas Midstream
$18.76B$34.14-0.18%$2.36B15.36x1.06
OII
OCEANEERING INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$2.27B$22.53-1.92%$302.54M23.23x2.56
PNRG
PRIMEENERGY RESOURCES CORP
NASDAQ
Oil & Gas E&P
$183.02M$102.232.83%$65.73M6.73x0.79
WTI
W&T OFFSHORE INC
NYSE
Oil & Gas E&P
$353.93M$2.41-3.60%$222.33M21.91x34.71
DRQ
DRIL-QUIP INC
NYSE
Oil & Gas Equipment & Services
$683.46M$19.86-3.64%$35.60M993.00x0.17
SHEL
SHELL PLC
NYSE
Oil & Gas Integrated
$230.72B$71.140.11%$68.31B12.35x1.17
SLNG
STABILIS SOLUTIONS INC
NASDAQ
Oil & Gas Integrated
$76.57M$4.122.74%$8.58M412.00x0.32
NS
NUSTAR ENERGY LP
NYSE
Oil & Gas Midstream
$2.72B$21.485.50%$776.15M29.83x3.68
HPK
HIGHPEAK ENERGY INC
NASDAQ
Oil & Gas E&P
$1.91B$14.84-2.18%$854.10M9.05x0.98
FTK
FLOTEK INDUSTRIES INC
NYSE
Oil & Gas Equipment & Services
$102.34M$3.45-1.43%$31.47M3.45x0.55
CRC
CALIFORNIA RESOURCES CORP
NYSE
Oil & Gas E&P
$3.73B$53.81-2.39%$1.03B6.64x0.80
KRP
KIMBELL ROYALTY PARTNERS LP
NYSE
Oil & Gas E&P
$1.52B$16.000.88%$186.67M17.20x0.46
CHK
CHESAPEAKE ENERGY CORP
NASDAQ
Oil & Gas E&P
$11.40B$87.15-0.14%$4.75B4.79x0.34
EPM
EVOLUTION PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$187.69M$5.61-3.44%$38.00M11.22x0.44
HP
HELMERICH & PAYNE INC
NYSE
Oil & Gas Drilling
$4.04B$40.85-0.85%$986.04M9.70x0.60
DEC
DIVERSIFIED ENERGY CO PLC
NYSE
Oil & Gas E&P
$665.66M$13.894.36%$1.22B0.86x4.91
REI
RING ENERGY INC
NYSEMKT
Oil & Gas E&P
$397.85M$2.01-2.90%$237.53M3.65x0.75
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$566.00M$4.34-2.03%$88.68M21.70x2.23
KLXE
KLX ENERGY SERVICES HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$117.06M$7.00-4.50%$131.50M5.69x12.91
OSG
OVERSEAS SHIPHOLDING GROUP INC
NYSE
Oil & Gas Midstream
$422.17M$5.95-0.34%$236.50M7.44x2.05
BRY
BERRY CORP (BRY)
NASDAQ
Oil & Gas E&P
$635.09M$8.32-0.12%$251.38M16.98x1.10
SD
SANDRIDGE ENERGY INC
NYSE
Oil & Gas E&P
$530.17M$14.29-1.45%$86.44M8.66x0.23
CPG
CRESCENT POINT ENERGY CORP
NYSE
Oil & Gas E&P
$5.28B$8.51-0.35%$1.51B10.94x0.86
PED
PEDEVCO CORP
NYSEMKT
Oil & Gas E&P
$79.08M$0.895.36%$11.24MN/A0.22
PDS
PRECISION DRILLING CORP
NYSE
Oil & Gas Drilling
$978.18M$68.23-0.04%$475.55M4.41x0.92
IMO
IMPERIAL OIL LTD
NYSEMKT
Oil & Gas Integrated
$37.11B$69.25-0.52%$6.18B10.99x0.85
USAC
USA COMPRESSION PARTNERS LP
NYSE
Oil & Gas Equipment & Services
$2.57B$24.97-0.12%$485.65M118.90x-8.71
PAGP
PLAINS GP HOLDINGS LP
NASDAQ
Oil & Gas Midstream
$3.60B$18.270.16%$1.82B18.09x8.80
KMI
KINDER MORGAN INC
NYSE
Oil & Gas Midstream
$39.42B$17.760.40%$7.15B16.75x1.30
SND
SMART SAND INC
NASDAQ
Oil & Gas Equipment & Services
$85.16M$1.980.00%$27.29M16.50x0.43
OVV
OVINTIV INC
NYSE
Oil & Gas E&P
$13.95B$51.75-1.03%$4.69B6.45x0.93
SUN
SUNOCO LP
NYSE
Oil & Gas Refining & Marketing
$5.45B$54.005.61%$834.00M14.59x5.98
DLNG
DYNAGAS LNG PARTNERS LP
NYSE
Oil & Gas Midstream
$115.19M$3.13-0.32%$104.44M4.74x1.03
OIS
OIL STATES INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$344.61M$5.42-2.69%$86.17M27.10x0.48
CAPL
CROSSAMERICA PARTNERS LP
NYSE
Oil & Gas Refining & Marketing
$842.85M$22.19-0.31%$166.02M20.93x382.75
SGU
STAR GROUP LP
NYSE
Oil & Gas Refining & Marketing
$360.72M$10.140.30%$93.46M15.60x2.49
ERF
ENERPLUS CORP
NYSE
Oil & Gas E&P
$4.05B$20.05-1.52%$962.52M9.28x0.69
ETRN
EQUITRANS MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$5.32B$12.27-0.16%$1.20B13.79x9.12
UGP
ULTRAPAR HOLDINGS INC
NYSE
Oil & Gas Refining & Marketing
$5.59B$5.13-0.19%$1.07B15.50x2.07
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$4.76M$0.10-7.41%-$6.81M-0.42x0.21
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
NASDAQ
Oil & Gas E&P
$1.21B$15.120.93%$418.20M25.63x-6.11
OXY
OCCIDENTAL PETROLEUM CORP
NYSE
Oil & Gas E&P
$58.03B$65.98-1.26%$14.24B15.64x1.44
MNR
MACH NATURAL RESOURCES LP
NYSE
Oil & Gas E&P
$1.89B$19.88-0.05%$217.34M27.61xN/A
ENLC
ENLINK MIDSTREAM LLC
NYSE
Oil & Gas Midstream
$6.09B$13.43-0.15%$1.20B29.84x5.69
AE
ADAMS RESOURCES & ENERGY INC
NYSEMKT
Oil & Gas Refining & Marketing
$73.41M$28.600.88%$31.73M357.50x2.90
BTE
BAYTEX ENERGY CORP
NYSE
Oil & Gas E&P
$2.97B$3.62-1.09%$535.92M-14.84x0.95
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$39.90M$16.05-0.06%$1.82M-12.64x0.47
TALO
TALOS ENERGY INC
NYSE
Oil & Gas E&P
$2.11B$13.27-0.30%$1.05B8.51x1.24
CKX
CKX LANDS INC
NYSEMKT
Oil & Gas E&P
$26.78M$13.450.00%$287.15k192.14x0.03
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$3.16B$19.07-1.65%$423.30M28.46x2.05
HESM
HESS MIDSTREAM LP
NYSE
Oil & Gas Midstream
$7.86B$34.741.22%$528.00M16.46x10.07
DWSN
DAWSON GEOPHYSICAL CO
NASDAQ
Oil & Gas Equipment & Services
$66.25M$2.1513.16%-$3.65M-4.78x0.83
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$621.97M$7.30-2.01%$64.74M42.94x0.55
XPRO
EXPRO GROUP HOLDINGS NV
NYSE
Oil & Gas Equipment & Services
$2.05B$18.62-3.07%$197.15M-88.67x0.55
HLX
HELIX ENERGY SOLUTIONS GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.63B$10.69-1.66%$188.97M-152.71x0.70
GRNT
GRANITE RIDGE RESOURCES INC
NYSE
Oil & Gas E&P
$862.27M$6.61-0.90%$271.56M10.84x0.38
DKL
DELEK LOGISTICS PARTNERS LP
NYSE
Oil & Gas Refining & Marketing
$1.64B$37.680.88%$372.62M12.99x-11.15
EFXT
ENERFLEX LTD
NYSE
Oil & Gas Equipment & Services
$722.67M$5.83-1.69%$241.02M-8.74x1.81
CLNE
CLEAN ENERGY FUELS CORP
NASDAQ
Oil & Gas Refining & Marketing
$511.22M$2.29-2.97%-$24.47M-5.09x0.72
KGS
KODIAK GAS SERVICES INC
NYSE
Oil & Gas Equipment & Services
$2.02B$26.14-1.54%$444.98M90.14x1.84
OBE
OBSIDIAN ENERGY LTD
NYSEMKT
Oil & Gas E&P
$634.67M$8.18-1.09%$262.67M8.30x0.37
VTNR
VERTEX ENERGY INC
NASDAQ
Oil & Gas Refining & Marketing
$91.55M$0.98-0.10%$65.86M-1.17x3.33
RIG
TRANSOCEAN LTD
NYSE
Oil & Gas Drilling
$4.35B$5.68-3.89%$449.00M-4.58x0.95
FET
FORUM ENERGY TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$235.60M$19.18-1.34%$45.21M-10.37x0.99
HUSA
HOUSTON AMERICAN ENERGY CORP
NYSEMKT
Oil & Gas E&P
$19.85M$1.82-4.71%-$2.98M-6.07x0.04
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$4.71B$90.06-2.32%$317.74M47.90x0.99
DTM
DT MIDSTREAM INC
NYSE
Oil & Gas Midstream
$6.06B$62.510.77%$838.00M15.75x1.14
SDRL
SEADRILL LTD
NYSE
Oil & Gas Drilling
$3.67B$49.81-2.64%$531.00M11.78x0.41
ICD
INDEPENDENCE CONTRACT DRILLING INC
NYSE
Oil & Gas Drilling
$29.01M$1.900.53%$39.83M-0.71x1.17
VTOL
BRISTOW GROUP INC
NYSE
Oil & Gas Equipment & Services
$701.70M$24.78-0.44%$145.16M-103.25x1.35
DO
DIAMOND OFFSHORE DRILLING INC
NYSE
Oil & Gas Drilling
$1.33B$13.01-3.91%$150.99M-29.57x1.66
GEL
GENESIS ENERGY LP
NYSE
Oil & Gas Midstream
$1.44B$11.77-0.59%$642.55M53.50x10.06
BATL
BATTALION OIL CORP
NYSEMKT
Oil & Gas E&P
$89.19M$5.422.26%$86.90M-5.89x6.14
INDO
INDONESIA ENERGY CORP LTD
NYSEMKT
Oil & Gas E&P
$38.44M$3.79-19.19%-$1.91M-9.97x0.19
BRN
BARNWELL INDUSTRIES INC
NYSEMKT
Oil & Gas E&P
$27.98M$2.792.20%$2.35M-10.33x0.93
FRO
FRONTLINE PLC
NYSE
Oil & Gas Midstream
$5.35B$24.04-1.27%N/AN/A1.07
WDS
WOODSIDE ENERGY GROUP LTD
NYSE
Oil & Gas E&P
$35.81B$18.86-0.74%$7.66B21.55x0.59
BORR
BORR DRILLING LTD
NYSE
Oil & Gas Drilling
$1.45B$5.731.60%$350.70M63.67x2.13
TXO
TXO PARTNERS LP
NYSE
Oil & Gas E&P
$558.42M$18.16-1.09%-$55.28M-5.28x0.47
VET
VERMILION ENERGY INC
NYSE
Oil & Gas E&P
$1.91B$11.79-2.24%$439.51M-11.06x1.06
IEP
ICAHN ENTERPRISES LP
NASDAQ
Oil & Gas Refining & Marketing
$7.30B$17.01-0.41%$478.00M-9.72x4.61
CRGY
CRESCENT ENERGY CO
NYSE
Oil & Gas E&P
$1.99B$11.05-2.47%$912.43M10.83x1.86
TELL
TELLURIAN INC
NYSEMKT
Oil & Gas E&P
$301.22M$0.39-11.09%-$49.70M-1.33x1.12
AM
ANTERO MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$6.55B$13.650.44%$853.38M17.73x1.67
VTS
VITESSE ENERGY INC
NYSE
Oil & Gas E&P
$672.73M$22.84-1.38%$127.39M-31.29x0.40

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-0.98%-8.35%-3.68%-2.01%9.22x0.98x+7.02%+4.97%+8.22%+37.53%Buy
83-0.77%-3.54%+4.23%+13.57%13.14x2.12x+23.30%+11.46%+17.26%+14.56%Strong Buy
49-1.60%-6.91%+0.21%+16.97%27.58x2.70x+21.02%+8.25%+14.55%+23.60%Buy
16-0.12%-3.61%+3.87%+5.28%11.01x1.63x+17.67%+8.12%+16.56%+19.73%Buy
48+0.28%-1.42%+1.01%+13.96%13.50x2.26x+28.23%+8.13%+12.16%+13.52%Buy
21-0.31%-4.36%-0.95%+19.11%8.70x2.24x+34.34%+10.96%+20.28%+9.45%Buy

Energy Stocks FAQ

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

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

1. Patterson Uti Energy (NASDAQ:PTEN)


Patterson Uti Energy (NASDAQ:PTEN) is the top energy stock with a Zen Score of 61, which is 26 points higher than the energy sector average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -5.71% over the past year, underperforming other energy stocks by -19 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.75, an upside of 40.37% from Patterson Uti Energy's current stock price of $11.22.

Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Patterson Uti Energy, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the second best energy stock with a Zen Score of 61, which is 26 points higher than the energy sector average of 35. It passed 24 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 26.18% over the past year, overperforming other energy stocks by 13 percentage points.

Chord Energy has an average 1 year price target of $203.00, an upside of 12.08% from Chord Energy's current stock price of $181.12.

Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chord Energy, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) is the third best energy stock with a Zen Score of 60, which is 25 points higher than the energy sector average of 35. It passed 22 out of 38 due diligence checks and has strong fundamentals. Euronav Nv has seen its stock lose -9.24% over the past year, underperforming other energy stocks by -22 percentage points.

Euronav Nv has an average 1 year price target of $19.14, an upside of 16% from Euronav Nv's current stock price of $16.50.

Euronav Nv stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Euronav Nv, 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.

What are the energy stocks with highest dividends?

Out of 119 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 29.39%, which is 25 percentage points higher than the energy sector average of 4.71%. 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 -342.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ecopetrol Sa (NYSE:EC)


Ecopetrol Sa (NYSE:EC) has an annual dividend yield of 28.67%, which is 24 percentage points higher than the energy sector average of 4.71%. Ecopetrol Sa's dividend payout is not stable, having dropped more than 10% five 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.

3. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 26.66%, which is 22 percentage points higher than the energy sector average of 4.71%.

Sandridge Energy's dividend payout ratio of 224.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are energy stocks down?

Energy stocks were down -0.57% in the last day, and down -3.9% over the last week. Trio Petroleum was the among the top losers in the energy sector, dropping -30.33% yesterday.

Trio Petroleum shares are trading lower after the company announced it entered into a securities purchase agreement with an institutional investor in the amount of $360,000.

What are the most undervalued energy stocks?

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

1. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Profire 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.

Profire Energy's stock has gained 48.72% in the past year. It has overperformed other stocks in the energy sector by 36 percentage points.

2. Cbl International (NASDAQ:BANL)


Cbl International (NASDAQ:BANL) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. Cbl International 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.

Cbl International's stock has dropped -94.4% in the past year. It has underperformed other stocks in the energy sector by -108 percentage points.

3. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Chord 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.

Chord Energy's stock has gained 26.18% in the past year. It has overperformed other stocks in the energy sector by 13 percentage points.

Are energy stocks a good buy now?

48.1% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 16.33% 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 12.75x.
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.