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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
NGS
NATURAL GAS SERVICES GROUP INC
$301.85M2.00%1.10%2.40%2.20%1.032.3348.50%3.90%8.83%
CLB
CORE LABORATORIES INC
$774.54M17.10%6.20%10.90%9.00%1.592.5321.50%7.20%10.65%
RRC
RANGE RESOURCES CORP
$9.16B13.40%6.80%10.84%9.10%0.931.3551.40%17.00%25.75%
PSX
PHILLIPS 66
$67.51B23.10%9.20%17.00%13.80%1.431.2610.00%4.70%6.77%
VVV
VALVOLINE INC
$5.52B284.50%42.60%61.54%48.70%40.812.2437.80%92.30%99.18%
PAA
PLAINS ALL AMERICAN PIPELINE LP
$12.79B9.40%3.60%7.77%6.20%1.310.985.70%2.00%3.57%
BP
BP PLC
$110.53B21.40%5.50%13.87%13.40%2.771.2131.40%7.20%12.65%
CNX
CNX RESOURCES CORP
$3.67B43.40%20.20%30.32%24.50%0.980.5184.20%50.10%68.89%
DWSN
DAWSON GEOPHYSICAL CO
$47.45M-38.30%-20.50%-34.59%-40.90%0.831.679.10%-12.50%-12.54%
HP
HELMERICH & PAYNE INC
$4.19B12.80%8.00%12.75%12.40%0.582.1640.20%12.80%18.49%
FTI
TECHNIPFMC PLC
$11.13B1.80%0.60%6.42%5.50%2.071.1616.30%0.70%4.26%
CPG
CRESCENT POINT ENERGY CORP
$5.49B8.80%5.20%8.36%7.70%0.860.7669.90%16.90%28.32%
MARPS
MARINE PETROLEUM TRUST
$8.62M93.00%93.00%90.64%12,876,771.40%0.00N/A100.00%76.30%76.33%
TTE
TOTALENERGIES SE
$175.47B18.50%7.50%19.25%19.50%1.411.1234.70%9.80%17.13%
AESI
ATLAS ENERGY SOLUTIONS INC
$2.25B45.60%8.80%12.36%15.20%0.453.4451.10%17.20%23.54%
ENB
ENBRIDGE INC
$75.80B9.40%3.30%7.26%5.80%1.890.8351.10%13.40%27.09%
OII
OCEANEERING INTERNATIONAL INC
$2.32B17.20%4.40%13.11%10.70%2.561.7816.50%4.00%8.15%
EC
ECOPETROL SA
$24.03B26.00%7.20%18.16%13.60%2.381.5838.40%14.70%30.00%
SLNG
STABILIS SOLUTIONS INC
$77.22M0.20%0.20%1.01%1.00%0.321.2824.90%0.20%0.96%
PNRG
PRIMEENERGY RESOURCES CORP
$180.28M18.70%11.00%15.53%17.70%0.790.4961.80%21.20%26.17%
DRQ
DRIL-QUIP INC
$657.31M0.10%0.10%0.58%0.80%0.176.1227.30%0.10%1.25%
PBA
PEMBINA PIPELINE CORP
$19.50B10.50%5.30%8.60%7.40%1.060.8231.10%18.10%27.69%
SHEL
SHELL PLC
$237.17B10.30%4.60%11.90%11.10%1.171.4016.60%6.00%11.46%
HPK
HIGHPEAK ENERGY INC
$1.95B15.70%7.50%15.38%13.40%0.981.1481.70%19.40%38.66%
NS
NUSTAR ENERGY LP
$2.85B28.10%5.60%11.13%7.70%3.680.8536.90%16.70%31.85%
CRC
CALIFORNIA RESOURCES CORP
$3.81B26.60%14.20%23.77%23.60%0.801.5156.70%20.10%28.70%
CHK
CHESAPEAKE ENERGY CORP
$11.86B23.20%16.80%24.66%22.90%0.341.9957.50%27.70%36.93%
FTK
FLOTEK INDUSTRIES INC
$103.23M27.70%15.70%25.26%24.60%0.551.6012.90%13.10%14.74%
KRP
KIMBELL ROYALTY PARTNERS LP
$1.51B9.40%5.10%6.78%6.40%0.467.9593.10%20.50%30.56%
WTI
W&T OFFSHORE INC
$348.05M51.60%1.40%8.76%6.90%34.711.2246.70%2.90%14.76%
EPM
EVOLUTION PETROLEUM CORP
$192.37M18.30%12.90%19.67%21.30%0.441.4648.70%17.30%22.68%
REI
RING ENERGY INC
$387.95M14.20%7.90%11.79%9.10%0.750.4973.50%29.00%41.24%
OSG
OVERSEAS SHIPHOLDING GROUP INC
$431.39M17.80%5.70%11.39%7.20%2.050.6842.60%13.80%22.92%
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$119.23M49.90%3.60%15.62%9.20%12.911.7724.30%2.20%6.61%
PED
PEDEVCO CORP
$86.67M0.30%0.20%0.26%0.30%0.221.3068.10%0.90%0.86%
BRY
BERRY CORP (BRY)
$658.75M5.00%2.40%6.63%5.00%1.100.6341.60%4.10%10.05%
TTI
TETRA TECHNOLOGIES INC
$580.35M18.90%5.60%15.40%11.40%2.232.2424.50%4.10%8.68%
SD
SANDRIDGE ENERGY INC
$543.90M12.80%10.40%12.24%23.00%0.235.6364.50%40.90%43.24%
IMO
IMPERIAL OIL LTD
$37.85B21.00%11.60%18.61%17.20%0.851.2618.20%9.60%12.63%
USAC
USA COMPRESSION PARTNERS LP
$2.55B-8.90%0.80%9.40%5.30%-8.711.2166.40%2.40%28.31%
PDS
PRECISION DRILLING CORP
$973.02M20.50%10.10%13.16%9.80%0.921.4037.80%14.90%18.02%
DEC
DIVERSIFIED ENERGY CO PLC
$653.20M350.00%20.80%35.28%24.30%4.910.4823.40%87.30%115.21%
OVV
OVINTIV INC
$14.26B22.50%11.20%16.68%14.80%0.930.6046.90%19.20%26.33%
SND
SMART SAND INC
$89.89M1.90%1.30%-0.34%-0.30%0.431.1414.00%1.60%-0.33%
PAGP
PLAINS GP HOLDINGS LP
$3.75B12.80%0.70%3.28%2.70%8.800.985.70%0.40%1.59%
ERF
ENERPLUS CORP
$4.11B38.50%22.40%36.79%33.50%0.690.8060.40%26.90%34.53%
OIS
OIL STATES INTERNATIONAL INC
$333.81M1.80%1.20%2.86%3.30%0.483.1022.40%1.60%3.25%
CAPL
CROSSAMERICA PARTNERS LP
$877.03M194.70%3.30%8.71%5.00%382.750.678.70%0.90%2.03%
DLNG
DYNAGAS LNG PARTNERS LP
$130.65M8.10%3.90%N/A5.60%1.03N/A76.50%22.40%45.17%
SUN
SUNOCO LP
$5.69B37.90%5.70%11.87%8.70%5.981.405.60%1.70%2.80%
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
$1.25B-9.40%1.70%16.56%7.70%-6.110.7110.80%1.10%6.49%
RCON
RECON TECHNOLOGY LTD
$4.14M-13.60%-11.60%-12.03%-20.90%0.218.2728.10%-88.20%-84.38%
MNR
MACH NATURAL RESOURCES LP
$1.91B23.10%4.30%3.93%4.50%N/A1.2568.80%9.00%10.46%
BTE
BAYTEX ENERGY CORP
$3.13B-5.70%-3.10%-4.70%-3.60%0.950.7967.40%-8.60%-11.96%
AROC
ARCHROCK INC
$3.29B12.20%4.00%10.13%6.20%2.051.4054.70%10.60%25.62%
AE
ADAMS RESOURCES & ENERGY INC
$77.00M0.20%0.10%2.57%2.40%2.901.101.60%0.00%0.14%
SGU
STAR GROUP LP
$399.50M10.90%3.40%11.70%13.70%2.490.7625.50%1.70%3.25%
TALO
TALOS ENERGY INC
$2.15B9.00%3.90%7.08%5.90%1.240.7373.10%12.80%20.57%
NCSM
NCS MULTISTAGE HOLDINGS INC
$40.65M-4.80%-2.20%-2.33%-2.80%0.473.2239.00%-2.20%-1.96%
OXY
OCCIDENTAL PETROLEUM CORP
$59.22B12.80%5.20%11.37%8.80%1.440.9233.50%13.00%25.50%
ETRN
EQUITRANS MIDSTREAM CORP
$5.83B39.20%3.50%7.81%5.20%9.120.7687.20%27.70%61.21%
HESM
HESS MIDSTREAM LP
$8.06B38.30%3.20%9.37%5.10%10.070.6576.80%8.80%24.88%
KMI
KINDER MORGAN INC
$41.75B8.10%3.50%7.57%6.80%1.280.5047.00%16.10%32.77%
XPRO
EXPRO GROUP HOLDINGS NV
$2.12B-1.80%-1.20%1.63%2.60%0.551.7417.90%-1.50%1.65%
ENLC
ENLINK MIDSTREAM LLC
$6.24B18.40%2.40%7.37%4.70%5.690.8429.60%3.00%7.84%
CKX
CKX LANDS INC
$28.59M0.80%0.80%1.54%3.00%0.0318.9596.00%9.60%19.00%
NR
NEWPARK RESOURCES INC
$618.56M3.50%2.20%6.59%6.30%0.552.6218.50%1.90%4.45%
AM
ANTERO MIDSTREAM CORP
$6.75B18.10%6.80%13.08%9.60%1.671.2580.30%36.70%69.56%
TGS
GAS TRANSPORTER OF THE SOUTH INC
$2.40B4.20%2.40%38.92%46.50%0.783.5637.10%5.20%120.87%
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.68B-0.70%-0.40%1.18%1.10%0.701.5615.50%-0.80%1.93%
CLNE
CLEAN ENERGY FUELS CORP
$511.22M-14.20%-9.00%-7.03%-7.30%0.722.8719.20%-23.40%-18.11%
GRNT
GRANITE RIDGE RESOURCES INC
$837.48M12.40%9.10%12.82%12.50%0.382.4477.60%20.60%28.14%
BANL
CBL INTERNATIONAL LTD
$27.50M6.10%2.90%6.55%12.80%1.111.861.70%0.30%0.38%
DKL
DELEK LOGISTICS PARTNERS LP
$1.72B-92.20%7.50%17.44%9.10%-11.150.8427.90%12.40%26.53%
KGS
KODIAK GAS SERVICES INC
$2.14B2.90%0.60%8.49%5.30%1.841.1058.70%2.40%30.30%
EFXT
ENERFLEX LTD
$709.03M-7.40%-2.70%2.09%1.60%1.811.2519.50%-3.50%1.83%
AR
ANTERO RESOURCES CORP
$9.77B0.90%0.50%1.74%1.30%0.890.2932.80%1.50%4.82%
OBE
OBSIDIAN ENERGY LTD
$664.93M6.60%4.80%7.11%6.30%0.370.41135.60%15.80%20.98%
FET
FORUM ENERGY TECHNOLOGIES INC
$238.92M-4.50%-2.30%1.70%1.70%0.992.5927.60%-2.60%1.42%
VTNR
VERTEX ENERGY INC
$133.73M-31.30%-8.40%6.60%3.80%3.331.074.50%-2.20%1.09%
FRO
FRONTLINE PLC
$5.06BN/AN/AN/AN/A1.071.79N/AN/AN/A
RIG
TRANSOCEAN LTD
$4.43B-9.20%-4.70%-1.56%-1.20%0.951.5229.90%-33.70%-10.42%
HUSA
HOUSTON AMERICAN ENERGY CORP
$18.54M-26.50%-25.50%-31.70%-42.00%0.0416.7440.30%-404.40%-404.43%
DTM
DT MIDSTREAM INC
$6.22B9.40%4.30%7.46%6.90%1.140.6373.40%41.60%69.20%
TDW
TIDEWATER INC
$4.84B10.10%5.70%10.90%11.40%0.991.8044.50%9.60%18.71%
SDRL
SEADRILL LTD
$3.66B11.00%7.90%9.82%11.40%0.412.9837.80%20.00%25.03%
ICD
INDEPENDENCE CONTRACT DRILLING INC
$28.24M-18.50%-9.10%-1.05%-0.70%1.171.0738.00%-17.90%-1.77%
VTOL
BRISTOW GROUP INC
$739.36M-0.80%-0.40%3.66%2.70%1.351.8223.70%-0.50%4.59%
DO
DIAMOND OFFSHORE DRILLING INC
$1.35B-5.90%-2.60%2.80%2.10%1.661.5521.80%-4.20%3.76%
BRN
BARNWELL INDUSTRIES INC
$27.18M-14.70%-7.70%-9.79%-11.30%0.931.3734.10%-11.30%-11.61%
WDS
WOODSIDE ENERGY GROUP LTD
$34.63B4.70%2.90%6.98%7.00%0.591.0346.30%11.90%25.14%
GEL
GENESIS ENERGY LP
$1.53B5.00%0.40%5.99%4.00%10.061.0021.30%0.80%11.41%
BATL
BATTALION OIL CORP
$84.09M-19.20%-3.30%8.63%6.00%6.140.6776.40%-6.80%13.71%
INDO
INDONESIA ENERGY CORP LTD
$44.73M-27.00%-19.50%-21.16%-29.70%0.195.1914.60%-102.10%-102.14%
DK
DELEK US HOLDINGS INC
$1.89B2.10%0.30%7.65%5.50%7.350.994.20%0.10%2.03%
UGP
ULTRAPAR HOLDINGS INC
$5.49BN/AN/AN/AN/AN/AN/A7.40%1.90%4.27%
VET
VERMILION ENERGY INC
$1.92B-6.60%-3.40%-3.49%-2.70%1.061.1861.20%-11.80%-9.62%
CRGY
CRESCENT ENERGY CO
$1.93B4.80%1.00%3.91%3.30%1.860.8254.70%2.80%9.93%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$106.47M-5.80%0.70%16.03%7.70%-9.331.2555.40%0.50%9.15%
TXO
TXO PARTNERS LP
$559.96M-16.30%-12.20%-15.17%-12.30%0.471.4142.20%-27.30%-26.15%

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-1.22%+2.00%-2.90%-0.30%9.34x0.99x+6.56%+4.67%+7.82%+34.80%Buy
83+0.25%+1.89%+3.27%+18.15%15.16x2.15x+22.86%+11.27%+16.99%+13.79%Buy
50-0.07%+2.97%-0.47%+21.21%27.48x2.68x+20.50%+8.14%+14.46%+19.84%Buy
16+0.05%+2.94%+5.06%+8.74%11.42x1.67x+17.47%+8.06%+16.47%+17.72%Buy
48+0.21%+2.37%+1.38%+17.42%14.11x2.34x+28.17%+8.11%+12.09%+11.87%Buy
21-0.20%+0.79%-2.04%+23.94%8.59x2.28x+34.08%+10.85%+19.89%+9.24%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 63, which is 28 points higher than the energy sector average of 35. It passed 24 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -7.54% over the past year, underperforming other energy stocks by -25 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.75, an upside of 36.6% from Patterson Uti Energy's current stock price of $11.53.

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. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) 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 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 26.19% over the past year, overperforming other energy stocks by 9 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 21.31% from International Seaways's current stock price of $53.58.

International Seaways stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering International Seaways, 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.

3. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the third 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 27.4% over the past year, overperforming other energy stocks by 10 percentage points.

Chord Energy has an average 1 year price target of $204.83, an upside of 11.57% from Chord Energy's current stock price of $183.59.

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.

What are the energy stocks with highest dividends?

Out of 120 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 28.97%, which is 24 percentage points higher than the energy sector average of 4.66%. 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. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 25.99%, which is 21 percentage points higher than the energy sector average of 4.66%.

Sandridge Energy's dividend payout ratio of 224.2% 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%, which is 16 percentage points higher than the energy sector average of 4.66%. 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 125.1% indicates that its high dividend yield might not be sustainable for the long-term.

Why are energy stocks up?

Energy stocks were up 0.07% in the last day, and up 2.08% over the last week. Trio Petroleum was the among the top gainers in the energy sector, gaining 11.67% yesterday.

Trio Petroleum shares are trading higher after the company announced it commenced oil sales from its California assets.

What are the most undervalued energy stocks?

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

1. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the 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 27.4% in the past year. It has overperformed other stocks in the energy sector by 10 percentage points.

2. Highpeak Energy (NASDAQ:HPK)


Highpeak Energy (NASDAQ:HPK) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. Highpeak 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.

Highpeak Energy's stock has dropped -28.5% in the past year. It has underperformed other stocks in the energy sector by -46 percentage points.

3. Profire Energy (NASDAQ:PFIE)


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

Profire Energy's stock has gained 55.46% in the past year. It has overperformed other stocks in the energy sector by 38 percentage points.

Are energy stocks a good buy now?

48.73% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 14.92% 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 13.48x.
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.