Sectors & IndustriesEnergy
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

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
NGS	NATURAL GAS SERVICES GROUP INC	$301.85M	$24.27	$26.00	7.13%	Strong Buy	1	25.77%	N/A	N/A	N/A
CLB	CORE LABORATORIES INC	$774.54M	$16.53	$16.50	-0.18%	Sell	2	6.86%	69.51%	N/A	N/A
RRC	RANGE RESOURCES CORP	$9.16B	$37.77	$36.79	-2.61%	Hold	14	5.61%	85.40%	N/A	N/A
PSX	PHILLIPS 66	$67.51B	$157.79	$165.73	5.03%	Buy	11	-4.33%	N/A	N/A	N/A
VVV	VALVOLINE INC	$5.52B	$42.61	$46.00	7.96%	Strong Buy	4	10.74%	-49.62%	N/A	N/A
PAA	PLAINS ALL AMERICAN PIPELINE LP	$12.79B	$18.25	$20.07	9.98%	Buy	7	4.05%	6.69%	N/A	N/A
BP	BP PLC	$110.53B	$39.34	$43.86	11.49%	Buy	5	7.61%	-18.56%	N/A	N/A
CNX	CNX RESOURCES CORP	$3.67B	$24.21	$24.80	2.44%	Hold	5	-27.87%	N/A	N/A	N/A
DWSN	DAWSON GEOPHYSICAL CO	$47.45M	$1.54	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HP	HELMERICH & PAYNE INC	$4.19B	$42.43	$43.71	3.03%	Hold	7	1.35%	17.06%	N/A	N/A
FTI	TECHNIPFMC PLC	$11.13B	$25.72	$27.94	8.64%	Strong Buy	7	11.11%	115.44%	N/A	N/A
CPG	CRESCENT POINT ENERGY CORP	$5.49B	$8.85	N/A	N/A	N/A	N/A	11.73%	N/A	N/A	N/A
MARPS	MARINE PETROLEUM TRUST	$8.62M	$4.31	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TTE	TOTALENERGIES SE	$175.47B	$72.74	$82.50	13.42%	Hold	2	0.65%	7.94%	N/A	N/A
AESI	ATLAS ENERGY SOLUTIONS INC	$2.25B	$22.47	$25.50	13.48%	Strong Buy	4	108.20%	N/A	N/A	N/A
ENB	ENBRIDGE INC	$75.80B	$35.66	N/A	N/A	N/A	N/A	6.48%	9.27%	N/A	N/A
OII	OCEANEERING INTERNATIONAL INC	$2.32B	$23.05	$23.00	-0.22%	Hold	2	5.36%	N/A	N/A	N/A
EC	ECOPETROL SA	$24.03B	$11.69	$11.95	2.22%	Hold	2	-6.62%	1.74%	N/A	N/A
SLNG	STABILIS SOLUTIONS INC	$77.22M	$4.16	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PNRG	PRIMEENERGY RESOURCES CORP	$180.28M	$100.70	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DRQ	DRIL-QUIP INC	$657.31M	$19.10	$31.00	62.30%	Sell	2	15.95%	N/A	N/A	N/A
PBA	PEMBINA PIPELINE CORP	$19.50B	$35.49	$57.00	60.61%	Buy	1	2.34%	7.76%	N/A	N/A
SHEL	SHELL PLC	$237.17B	$73.13	$90.00	23.07%	Strong Buy	2	4.77%	34.76%	N/A	N/A
HPK	HIGHPEAK ENERGY INC	$1.95B	$15.20	$10.00	-34.21%	Strong Sell	1	-2.59%	N/A	N/A	N/A
NS	NUSTAR ENERGY LP	$2.85B	$22.55	$21.00	-6.87%	Sell	3	-3.94%	49.07%	N/A	N/A
CRC	CALIFORNIA RESOURCES CORP	$3.81B	$54.93	$63.80	16.15%	Buy	5	13.73%	N/A	N/A	N/A
CHK	CHESAPEAKE ENERGY CORP	$11.86B	$90.69	$101.00	11.37%	Buy	9	-29.03%	-2.67%	N/A	N/A
FTK	FLOTEK INDUSTRIES INC	$103.23M	$3.48	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
KRP	KIMBELL ROYALTY PARTNERS LP	$1.51B	$15.95	$20.75	30.09%	Strong Buy	4	10.34%	N/A	N/A	N/A
WTI	W&T OFFSHORE INC	$348.05M	$2.37	$7.80	229.11%	Strong Buy	1	5.47%	263.07%	N/A	N/A
EPM	EVOLUTION PETROLEUM CORP	$192.37M	$5.75	$8.25	43.48%	Strong Buy	1	N/A	N/A	N/A	N/A
REI	RING ENERGY INC	$387.95M	$1.96	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
OSG	OVERSEAS SHIPHOLDING GROUP INC	$431.39M	$6.08	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$119.23M	$7.13	$11.50	61.29%	Hold	1	-7.19%	N/A	646.48%	46.47%
PED	PEDEVCO CORP	$86.67M	$0.97	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BRY	BERRY CORP (BRY)	$658.75M	$8.63	$8.00	-7.30%	Hold	1	-11.33%	131.00%	N/A	N/A
TTI	TETRA TECHNOLOGIES INC	$580.35M	$4.45	$7.50	68.54%	Strong Buy	2	7.35%	N/A	N/A	N/A
SD	SANDRIDGE ENERGY INC	$543.90M	$14.66	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
IMO	IMPERIAL OIL LTD	$37.85B	$70.63	$95.00	34.50%	Strong Sell	1	N/A	N/A	N/A	N/A
USAC	USA COMPRESSION PARTNERS LP	$2.55B	$24.75	$25.67	3.71%	Hold	3	6.59%	25.36%	N/A	N/A
PDS	PRECISION DRILLING CORP	$973.02M	$67.87	$81.00	19.35%	Strong Buy	1	3.47%	-5.13%	N/A	N/A
DEC	DIVERSIFIED ENERGY CO PLC	$653.20M	$13.63	N/A	N/A	N/A	N/A	6.00%	N/A	N/A	N/A
OVV	OVINTIV INC	$14.26B	$52.90	$59.30	12.10%	Buy	10	0.35%	-11.76%	N/A	N/A
SND	SMART SAND INC	$89.89M	$2.09	N/A	N/A	N/A	N/A	-4.35%	N/A	N/A	N/A
PAGP	PLAINS GP HOLDINGS LP	$3.75B	$19.01	$20.07	5.58%	Buy	7	11.44%	-66.34%	N/A	N/A
ERF	ENERPLUS CORP	$4.11B	$20.32	$22.00	8.27%	Buy	1	N/A	N/A	N/A	N/A
OIS	OIL STATES INTERNATIONAL INC	$333.81M	$5.25	$6.50	23.81%	Hold	1	3.78%	N/A	N/A	N/A
CAPL	CROSSAMERICA PARTNERS LP	$877.03M	$23.09	N/A	N/A	N/A	N/A	16.59%	N/A	N/A	N/A
DLNG	DYNAGAS LNG PARTNERS LP	$130.65M	$3.55	N/A	N/A	N/A	N/A	-2.98%	27.92%	N/A	N/A
SUN	SUNOCO LP	$5.69B	$56.38	$62.71	11.23%	Buy	7	-1.06%	N/A	N/A	N/A
CLMT	CALUMET SPECIALTY PRODUCTS PARTNERS LP	$1.25B	$15.58	$21.00	34.79%	Strong Buy	2	6.33%	105.10%	N/A	N/A
RCON	RECON TECHNOLOGY LTD	$4.14M	$0.09	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MNR	MACH NATURAL RESOURCES LP	$1.91B	$20.09	$26.00	29.42%	Strong Buy	2	17.00%	N/A	N/A	N/A
BTE	BAYTEX ENERGY CORP	$3.13B	$3.81	N/A	N/A	N/A	N/A	47.30%	N/A	N/A	N/A
AROC	ARCHROCK INC	$3.29B	$19.84	$21.00	5.85%	Buy	1	9.24%	N/A	N/A	N/A
AE	ADAMS RESOURCES & ENERGY INC	$77.00M	$30.00	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SGU	STAR GROUP LP	$399.50M	$11.23	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TALO	TALOS ENERGY INC	$2.15B	$13.53	$20.93	54.69%	Strong Buy	7	15.30%	N/A	N/A	N/A
NCSM	NCS MULTISTAGE HOLDINGS INC	$40.65M	$16.35	N/A	N/A	N/A	N/A	6.81%	N/A	N/A	N/A
OXY	OCCIDENTAL PETROLEUM CORP	$59.22B	$67.33	$75.90	12.73%	Buy	10	6.06%	23.92%	N/A	N/A
ETRN	EQUITRANS MIDSTREAM CORP	$5.83B	$13.44	$12.00	-10.71%	Buy	4	7.83%	-8.20%	N/A	N/A
HESM	HESS MIDSTREAM LP	$8.06B	$35.63	$38.00	6.65%	Buy	2	11.85%	16.19%	N/A	N/A
KMI	KINDER MORGAN INC	$41.75B	$18.81	$20.00	6.33%	Hold	1	5.99%	7.09%	N/A	N/A
XPRO	EXPRO GROUP HOLDINGS NV	$2.12B	$19.22	$20.00	4.06%	Buy	2	9.68%	N/A	N/A	N/A
ENLC	ENLINK MIDSTREAM LLC	$6.24B	$13.78	$15.00	8.85%	Strong Buy	4	8.70%	53.33%	N/A	N/A
CKX	CKX LANDS INC	$28.59M	$14.36	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NR	NEWPARK RESOURCES INC	$618.56M	$7.26	$10.75	48.07%	Strong Buy	4	-4.70%	N/A	N/A	N/A
AM	ANTERO MIDSTREAM CORP	$6.75B	$14.02	N/A	N/A	N/A	N/A	2.54%	10.55%	N/A	N/A
TGS	GAS TRANSPORTER OF THE SOUTH INC	$2.40B	$15.96	N/A	N/A	N/A	N/A	29.71%	38.02%	N/A	N/A
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$1.68B	$11.01	$11.00	-0.09%	Strong Buy	1	1.11%	N/A	N/A	N/A
CLNE	CLEAN ENERGY FUELS CORP	$511.22M	$2.29	$5.13	123.80%	Strong Buy	4	9.61%	N/A	N/A	N/A
GRNT	GRANITE RIDGE RESOURCES INC	$837.48M	$6.42	$9.00	40.19%	Strong Buy	1	N/A	N/A	N/A	N/A
BANL	CBL INTERNATIONAL LTD	$27.50M	$1.10	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DKL	DELEK LOGISTICS PARTNERS LP	$1.72B	$39.45	$45.50	15.34%	Strong Buy	2	4.20%	N/A	N/A	N/A
KGS	KODIAK GAS SERVICES INC	$2.14B	$27.58	$28.83	4.54%	Strong Buy	6	34.25%	N/A	N/A	N/A
EFXT	ENERFLEX LTD	$709.03M	$5.72	N/A	N/A	N/A	N/A	-1.78%	N/A	N/A	N/A
AR	ANTERO RESOURCES CORP	$9.77B	$31.44	$31.00	-1.40%	Buy	9	9.08%	20.78%	N/A	N/A
OBE	OBSIDIAN ENERGY LTD	$664.93M	$8.57	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FET	FORUM ENERGY TECHNOLOGIES INC	$238.92M	$19.45	N/A	N/A	N/A	N/A	17.27%	N/A	N/A	N/A
VTNR	VERTEX ENERGY INC	$133.73M	$1.43	$3.17	121.47%	Hold	3	5.02%	N/A	N/A	N/A
FRO	FRONTLINE PLC	$5.06B	$22.72	$26.10	14.88%	Strong Buy	3	N/A	N/A	N/A	N/A
RIG	TRANSOCEAN LTD	$4.43B	$5.78	$7.00	21.11%	Buy	7	18.10%	N/A	N/A	N/A
HUSA	HOUSTON AMERICAN ENERGY CORP	$18.54M	$1.70	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DTM	DT MIDSTREAM INC	$6.22B	$64.17	$58.75	-8.45%	Buy	4	7.32%	6.55%	N/A	N/A
TDW	TIDEWATER INC	$4.84B	$92.67	$95.67	3.23%	Strong Buy	3	27.58%	N/A	N/A	N/A
SDRL	SEADRILL LTD	$3.66B	$49.70	$76.50	53.92%	Strong Buy	2	7.10%	N/A	N/A	N/A
ICD	INDEPENDENCE CONTRACT DRILLING INC	$28.24M	$1.85	N/A	N/A	N/A	N/A	-13.90%	N/A	N/A	N/A
VTOL	BRISTOW GROUP INC	$739.36M	$26.11	$39.00	49.37%	Strong Buy	2	N/A	N/A	N/A	N/A
DO	DIAMOND OFFSHORE DRILLING INC	$1.35B	$13.16	$20.50	55.78%	Strong Buy	2	-3.14%	N/A	N/A	N/A
BRN	BARNWELL INDUSTRIES INC	$27.18M	$2.71	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WDS	WOODSIDE ENERGY GROUP LTD	$34.63B	$18.24	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GEL	GENESIS ENERGY LP	$1.53B	$12.51	$15.00	19.90%	Buy	1	N/A	N/A	N/A	N/A
BATL	BATTALION OIL CORP	$84.09M	$5.11	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
INDO	INDONESIA ENERGY CORP LTD	$44.73M	$4.41	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DK	DELEK US HOLDINGS INC	$1.89B	$29.50	$29.57	0.24%	Hold	7	-6.82%	N/A	N/A	N/A
UGP	ULTRAPAR HOLDINGS INC	$5.49B	$5.04	$6.00	19.05%	Hold	1	7.94%	N/A	N/A	N/A
VET	VERMILION ENERGY INC	$1.92B	$11.83	N/A	N/A	N/A	N/A	4.24%	N/A	N/A	N/A
CRGY	CRESCENT ENERGY CO	$1.93B	$10.77	$16.29	51.22%	Strong Buy	7	0.93%	N/A	N/A	N/A
MMLP	MARTIN MIDSTREAM PARTNERS LP	$106.47M	$2.73	N/A	N/A	N/A	N/A	1.79%	N/A	N/A	N/A
TXO	TXO PARTNERS LP	$559.96M	$18.21	$26.00	42.78%	Strong Buy	2	-11.88%	N/A	N/A	N/A

Energy Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Oil & Gas Drilling	10	-1.22%	+2.00%	-2.90%	-0.30%	9.34x	0.99x	+6.56%	+4.67%	+7.82%	+34.80%	Buy
Oil & Gas E&P	83	+0.25%	+1.89%	+3.27%	+18.15%	15.16x	2.15x	+22.86%	+11.27%	+16.99%	+13.79%	Buy
Oil & Gas Equipment & Services	50	-0.07%	+2.97%	-0.47%	+21.21%	27.48x	2.68x	+20.50%	+8.14%	+14.46%	+19.84%	Buy
Oil & Gas Integrated	16	+0.05%	+2.94%	+5.06%	+8.74%	11.42x	1.67x	+17.47%	+8.06%	+16.47%	+17.72%	Buy
Oil & Gas Midstream	48	+0.21%	+2.37%	+1.38%	+17.42%	14.11x	2.34x	+28.17%	+8.11%	+12.09%	+11.87%	Buy
Oil & Gas Refining & Marketing	21	-0.20%	+0.79%	-2.04%	+23.94%	8.59x	2.28x	+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.