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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
NGS	NATURAL GAS SERVICES GROUP INC	United States	$301.85M	12,437,074	61.99%	38.01%	Net Selling
CLB	CORE LABORATORIES INC	Netherlands	$774.54M	46,856,536	81.39%	18.61%	Net Selling	Net Selling
RRC	RANGE RESOURCES CORP	United States	$9.16B	242,626,942	93.32%	6.68%	Net Selling	Net Buying
PSX	PHILLIPS 66	United States	$67.51B	427,824,429	76.82%	11.15%	Net Buying	Net Buying
VVV	VALVOLINE INC	United States	$5.52B	129,649,167	96.08%	0.75%	Net Selling	Net Buying
PAA	PLAINS ALL AMERICAN PIPELINE LP	United States	$12.79B	701,071,031	41.79%	49.60%	Net Selling
BP	BP PLC	United Kingdom	$110.53B	16,823,721,485	1.92%	0.00%
CNX	CNX RESOURCES CORP	United States	$3.67B	151,791,457	72.84%	27.16%	Net Buying	Net Buying
DWSN	DAWSON GEOPHYSICAL CO	United States	$47.45M	30,812,329	6.90%	93.10%	Net Buying
HP	HELMERICH & PAYNE INC	United States	$4.19B	98,724,737	93.19%	6.81%	Net Selling	Net Selling
FTI	TECHNIPFMC PLC	United Kingdom	$11.13B	432,847,108	97.49%	1.92%	Net Selling	Net Selling
CPG	CRESCENT POINT ENERGY CORP	Canada	$5.49B	619,929,490	44.40%	0.00%
MARPS	MARINE PETROLEUM TRUST	United States	$8.62M	2,000,000	1.76%	0.00%
TTE	TOTALENERGIES SE	France	$175.47B	2,412,251,835	6.48%	0.00%
AESI	ATLAS ENERGY SOLUTIONS INC	United States	$2.25B	100,025,584	34.57%	37.63%	Net Selling	Net Selling
ENB	ENBRIDGE INC	Canada	$75.80B	2,125,586,356	49.98%	0.15%
OII	OCEANEERING INTERNATIONAL INC	United States	$2.32B	100,813,143	93.53%	3.68%	Net Selling	Net Selling
EC	ECOPETROL SA	Colombia	$24.03B	41,116,694,690	0.08%	0.00%
SLNG	STABILIS SOLUTIONS INC	United States	$77.22M	18,585,014	1.61%	98.39%	Net Buying
PNRG	PRIMEENERGY RESOURCES CORP	United States	$180.28M	1,790,245	4.18%	95.82%	Net Selling	Net Selling
DRQ	DRIL-QUIP INC	United States	$657.31M	34,413,906	77.95%	22.05%	Net Selling	Net Selling
PBA	PEMBINA PIPELINE CORP	Canada	$19.50B	549,396,694	55.92%	0.00%
SHEL	SHELL PLC	Netherlands	$237.17B	6,486,295,984	5.07%	0.00%
HPK	HIGHPEAK ENERGY INC	United States	$1.95B	128,420,923	11.90%	88.10%	Net Buying
NS	NUSTAR ENERGY LP	United States	$2.85B	126,532,875	62.91%	26.78%	Net Selling
CRC	CALIFORNIA RESOURCES CORP	United States	$3.81B	69,274,418	98.23%	1.77%	Net Selling	Net Selling
CHK	CHESAPEAKE ENERGY CORP	United States	$11.86B	130,794,770	85.09%	14.91%	Net Selling	Net Selling
FTK	FLOTEK INDUSTRIES INC	United States	$103.23M	29,662,759	18.45%	61.52%	Net Buying	Net Selling
KRP	KIMBELL ROYALTY PARTNERS LP	United States	$1.51B	94,698,753	25.68%	17.47%	Net Selling	Net Selling
WTI	W&T OFFSHORE INC	United States	$348.05M	146,857,277	32.46%	67.54%	Net Selling
EPM	EVOLUTION PETROLEUM CORP	United States	$192.37M	33,456,330	24.88%	75.12%	Net Selling	Net Selling
REI	RING ENERGY INC	United States	$387.95M	197,934,202	35.56%	64.44%	Net Selling	Net Selling
OSG	OVERSEAS SHIPHOLDING GROUP INC	United States	$431.39M	70,952,360	8.88%	91.12%	Net Selling	Net Selling
KLXE	KLX ENERGY SERVICES HOLDINGS INC	United States	$119.23M	16,722,318	42.69%	34.44%	Net Selling	Net Selling
PED	PEDEVCO CORP	United States	$86.67M	89,355,267	1.20%	98.80%	Net Selling
BRY	BERRY CORP (BRY)	United States	$658.75M	76,333,111	47.61%	52.39%	Net Selling	Net Selling
TTI	TETRA TECHNOLOGIES INC	United States	$580.35M	130,414,694	70.11%	9.91%	Net Selling	Net Selling
SD	SANDRIDGE ENERGY INC	United States	$543.90M	37,100,832	61.73%	1.77%	Net Selling	Net Selling
IMO	IMPERIAL OIL LTD	Canada	$37.85B	535,836,803	24.34%	0.00%
USAC	USA COMPRESSION PARTNERS LP	United States	$2.55B	103,001,911	20.15%	79.85%	Net Selling	Net Selling
PDS	PRECISION DRILLING CORP	Canada	$973.02M	14,336,539	48.87%	0.00%
DEC	DIVERSIFIED ENERGY CO PLC	United States	$653.20M	47,923,726	22.35%	0.00%
OVV	OVINTIV INC	United States	$14.26B	269,515,124	81.02%	0.82%	Net Selling	Net Selling
SND	SMART SAND INC	United States	$89.89M	43,008,960	13.12%	86.88%	Net Selling	Net Selling
PAGP	PLAINS GP HOLDINGS LP	United States	$3.75B	197,121,318	47.37%	52.63%	Net Buying
ERF	ENERPLUS CORP	Canada	$4.11B	202,197,988	58.73%	0.00%
OIS	OIL STATES INTERNATIONAL INC	United States	$333.81M	63,582,041	82.06%	17.94%	Net Selling	Net Selling
CAPL	CROSSAMERICA PARTNERS LP	United States	$877.03M	37,983,154	14.20%	85.80%	Net Buying	Net Selling
DLNG	DYNAGAS LNG PARTNERS LP	Monaco	$130.65M	36,802,247	7.52%	0.00%
SUN	SUNOCO LP	United States	$5.69B	100,838,889	14.03%	85.97%	Net Selling	Net Buying
CLMT	CALUMET SPECIALTY PRODUCTS PARTNERS LP	United States	$1.25B	80,223,093	18.46%	81.54%	Net Buying
RCON	RECON TECHNOLOGY LTD	China	$4.14M	47,628,218	8.28%	0.00%
MNR	MACH NATURAL RESOURCES LP	United States	$1.91B	95,000,000	6.00%	94.00%	Net Selling
BTE	BAYTEX ENERGY CORP	Canada	$3.13B	821,680,619	33.74%	0.00%
AROC	ARCHROCK INC	United States	$3.29B	165,655,913	58.23%	41.77%	Net Selling	Net Selling
AE	ADAMS RESOURCES & ENERGY INC	United States	$77.00M	2,566,649	28.23%	71.77%	Net Selling	Net Selling
SGU	STAR GROUP LP	United States	$399.50M	35,574,434	32.26%	67.74%	Net Selling
TALO	TALOS ENERGY INC	United States	$2.15B	158,632,597	41.48%	58.52%	Net Buying	Net Buying
NCSM	NCS MULTISTAGE HOLDINGS INC	United States	$40.65M	2,485,708	1.90%	98.10%	Net Selling	Net Selling
OXY	OCCIDENTAL PETROLEUM CORP	United States	$59.22B	879,499,439	79.07%	10.09%	Net Buying	Net Buying
ETRN	EQUITRANS MIDSTREAM CORP	United States	$5.83B	433,661,000	87.55%	6.79%	Net Buying	Net Buying
HESM	HESS MIDSTREAM LP	United States	$8.06B	226,309,088	22.21%	77.79%	Net Selling	Net Selling
KMI	KINDER MORGAN INC	United States	$41.75B	2,219,384,484	62.50%	16.34%	Net Selling	Net Selling
XPRO	EXPRO GROUP HOLDINGS NV	Netherlands	$2.12B	110,079,739	5.45%	94.55%	Net Selling	Net Selling
ENLC	ENLINK MIDSTREAM LLC	United States	$6.24B	453,176,911	30.50%	69.50%	Net Selling	Net Selling
CKX	CKX LANDS INC	United States	$28.59M	1,991,337	15.96%	69.23%	Net Selling	Net Selling
NR	NEWPARK RESOURCES INC	United States	$618.56M	85,201,652	80.86%	12.01%	Net Selling
AM	ANTERO MIDSTREAM CORP	United States	$6.75B	481,241,000	47.81%	52.19%	Net Selling	Net Selling
TGS	GAS TRANSPORTER OF THE SOUTH INC	Argentina	$2.40B	752,761,058	0.66%	0.00%
HLX	HELIX ENERGY SOLUTIONS GROUP INC	United States	$1.68B	152,416,382	91.30%	8.70%	Net Selling	Net Selling
CLNE	CLEAN ENERGY FUELS CORP	United States	$511.22M	223,238,496	36.63%	63.37%	Net Selling
GRNT	GRANITE RIDGE RESOURCES INC	United States	$837.48M	130,449,075	31.56%	46.15%	Net Selling	Net Buying
BANL	CBL INTERNATIONAL LTD	Hong Kong	$27.50M	25,000,000	0.07%	0.00%
DKL	DELEK LOGISTICS PARTNERS LP	United States	$1.72B	43,616,811	9.19%	90.81%	Net Selling	Net Buying
KGS	KODIAK GAS SERVICES INC	United States	$2.14B	77,434,577	24.52%	75.48%	Net Buying	Net Buying
EFXT	ENERFLEX LTD	Canada (Federal Level)	$709.03M	123,956,865	46.47%	0.00%
AR	ANTERO RESOURCES CORP	United States	$9.77B	310,807,000	12.70%	87.30%	Net Selling	Net Selling
OBE	OBSIDIAN ENERGY LTD	Canada	$664.93M	77,588,538	13.45%	42.23%
FET	FORUM ENERGY TECHNOLOGIES INC	United States	$238.92M	12,283,670	2.47%	97.53%	Net Selling	Net Selling
VTNR	VERTEX ENERGY INC	United States	$133.73M	93,514,346	41.72%	22.32%	Net Buying	Net Selling
FRO	FRONTLINE PLC	Bermuda	$5.06B	222,622,889	22.71%	0.00%
RIG	TRANSOCEAN LTD	Switzerland	$4.43B	766,655,180	53.76%	46.24%	Net Buying	Net Buying
HUSA	HOUSTON AMERICAN ENERGY CORP	United States	$18.54M	10,906,353	12.18%	80.91%	Net Buying
DTM	DT MIDSTREAM INC	United States	$6.22B	96,979,556	81.36%	0.22%	Net Selling	Net Selling
TDW	TIDEWATER INC	United States	$4.84B	52,271,097	83.31%	16.69%	Net Buying	Net Buying
SDRL	SEADRILL LTD	Bermuda	$3.66B	73,705,343	81.63%	0.00%
ICD	INDEPENDENCE CONTRACT DRILLING INC	United States	$28.24M	15,266,773	11.55%	88.45%
VTOL	BRISTOW GROUP INC	United States	$739.36M	28,317,000	62.92%	37.08%	Net Selling	Net Selling
DO	DIAMOND OFFSHORE DRILLING INC	United States	$1.35B	102,467,107	90.79%	0.89%	Net Selling	Net Selling
BRN	BARNWELL INDUSTRIES INC	United States	$27.18M	10,028,090	12.22%	87.78%	Net Buying	Net Buying
WDS	WOODSIDE ENERGY GROUP LTD	Australia	$34.63B	1,898,749,771	1.66%	0.00%
GEL	GENESIS ENERGY LP	United States	$1.53B	122,464,318	63.63%	36.37%	Net Selling	Net Selling
BATL	BATTALION OIL CORP	United States	$84.09M	16,456,563	86.03%	0.67%
INDO	INDONESIA ENERGY CORP LTD	Indonesia	$44.73M	10,142,694	0.51%	0.00%
DK	DELEK US HOLDINGS INC	United States	$1.89B	64,019,267	33.65%	66.35%	Net Buying	Net Buying
UGP	ULTRAPAR HOLDINGS INC	Brazil	$5.49B	1,089,501,667	3.66%	0.00%
VET	VERMILION ENERGY INC	Canada	$1.92B	162,271,071	31.71%	0.00%
CRGY	CRESCENT ENERGY CO	United States	$1.93B	179,656,924	32.21%	27.21%	Net Selling	Net Selling
MMLP	MARTIN MIDSTREAM PARTNERS LP	United States	$106.47M	39,001,086	21.46%	78.54%	Net Buying	Net Buying
TXO	TXO PARTNERS LP	United States	$559.96M	30,750,000	5.95%	94.05%	Net Selling	Net Selling

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.