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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
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CRGY
CRESCENT ENERGY CO
NYSE
Oil & Gas E&P
$1.93B$10.75-0.19%$912.43M10.54x1.86
BORR
BORR DRILLING LTD
NYSE
Oil & Gas Drilling
$1.38B$5.45-2.50%$350.70M60.56x2.13
VTS
VITESSE ENERGY INC
NYSE
Oil & Gas E&P
$670.67M$22.770.18%$127.39M-31.19x0.40
GFR
GREENFIRE RESOURCES LTD
NYSE
Oil & Gas E&P
$398.13M$5.801.40%$46.12M-3.17x0.69
PBT
PERMIAN BASIN ROYALTY TRUST
NYSE
Oil & Gas Midstream
$559.77M$12.01-2.52%N/A20.02x27.32
VIVK
VIVAKOR INC
NASDAQ
Oil & Gas E&P
$36.02M$1.30-13.33%-$2.69M-2.32x3.14
ACDC
PROFRAC HOLDING CORP
NASDAQ
Oil & Gas Equipment & Services
$1.29B$8.100.00%$496.80M-9.88x1.44
AMTX
AEMETIS INC
NASDAQ
Oil & Gas Refining & Marketing
$171.71M$4.032.81%-$53.70M-3.30x-2.12
STR
SITIO ROYALTIES CORP
NYSE
Oil & Gas E&P
$3.75B$23.83-0.42%$292.60M-119.15x0.72
YPF
YPF SOCIEDAD ANONIMA
NYSE
Oil & Gas Integrated
$7.96B$20.240.40%$6.96B-6.04x1.79
TRSG
TUNGRAY TECHNOLOGIES INC
NASDAQ
Oil & Gas Equipment & Services
N/A$6.59-4.49%$2.02M65.90x0.72
NBR
NABORS INDUSTRIES LTD
NYSE
Oil & Gas Drilling
$722.15M$76.24-4.85%$898.01M-13.89x12.24
CSAN
COSAN SA
NYSE
Oil & Gas Refining & Marketing
$5.19B$11.07-0.63%$3.24BN/A4.88
USEG
US ENERGY CORP
NASDAQ
Oil & Gas E&P
$29.89M$1.18-2.48%-$20.72M-0.92x0.73
TPET
TRIO PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$13.66M$0.37-7.96%-$7.13M-1.32x0.25
EP
EMPIRE PETROLEUM CORP
NYSEMKT
Oil & Gas E&P
$119.15M$4.65-6.63%-$8.08M-8.45x1.65
IEP
ICAHN ENTERPRISES LP
NASDAQ
Oil & Gas Refining & Marketing
$7.41B$17.270.06%$478.00M-9.87x4.61
GLNG
GOLAR LNG LTD
NASDAQ
Oil & Gas Midstream
$2.62B$25.02-0.64%$5.39M-56.86x-0.72
GTE
GRAN TIERRA ENERGY INC
NYSEMKT
Oil & Gas E&P
$269.26M$8.351.09%$382.52M-43.95x2.35
ENSV
ENSERVCO CORP
NYSEMKT
Oil & Gas Equipment & Services
$6.48M$0.24-5.49%-$2.22M-0.57x-25.25
NINE
NINE ENERGY SERVICE INC
NYSE
Oil & Gas Equipment & Services
$80.54M$2.28-0.87%$72.67M-2.35x-12.28
CEI
CAMBER ENERGY INC
NYSEMKT
Oil & Gas E&P
$26.21M$0.184.14%-$28.92M-0.38x5.34
NGL
NGL ENERGY PARTNERS LP
NYSE
Oil & Gas Midstream
$780.50M$5.89-1.67%$586.32M-9.82x5.33
SMLP
SUMMIT MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$291.85M$28.020.39%$217.05M-4.59x2.30
BROG
BROOGE ENERGY LTD
NASDAQ
Oil & Gas Midstream
$124.38M$1.149.13%N/AN/A2.56
KGEI
KOLIBRI GLOBAL ENERGY INC
NASDAQ
Oil & Gas E&P
$112.21M$3.15-2.17%N/AN/A0.28
SOC
SABLE OFFSHORE CORP
NYSE
Oil & Gas E&P
$629.94M$10.47-0.10%-$11.01MN/A1.05
NEXT
NEXTDECADE CORP
NASDAQ
Oil & Gas E&P
$1.61B$6.26-0.48%-$168.21M-6.66x8.97
123

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-2.03%+0.21%-4.87%+4.19%9.11x0.98x+6.36%+4.58%+7.70%+37.65%Buy
83+0.55%+2.97%+3.84%+22.60%15.49x2.17x+22.76%+11.21%+16.92%+13.16%Buy
50+0.50%+3.38%+0.06%+26.76%27.80x2.70x+20.48%+8.12%+14.44%+19.68%Buy
16+0.67%+3.94%+5.76%+11.66%11.44x1.69x+17.31%+8.00%+16.46%+16.93%Buy
48+0.62%+3.11%+2.01%+20.92%14.17x2.36x+27.89%+8.09%+12.10%+11.12%Buy
21-0.17%+2.66%-2.21%+26.40%8.90x2.28x+32.48%+10.18%+18.76%+9.33%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. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the top energy stock with a Zen Score of 64, which is 29 points higher than the energy sector average of 35. It passed 25 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 33.25% over the past year, overperforming other energy stocks by 12 percentage points.

Chord Energy has an average 1 year price target of $204.83, an upside of 10.97% from Chord Energy's current stock price of $184.58.

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.

2. Patterson Uti Energy (NASDAQ:PTEN)


Patterson Uti Energy (NASDAQ:PTEN) is the second best 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 -3.68% 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 39.88% from Patterson Uti Energy's current stock price of $11.26.

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.

3. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) 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 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 28.51% over the past year, overperforming other energy stocks by 7 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 19.09% from International Seaways's current stock price of $54.58.

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.

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 28.95%, 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 26.06%, 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 21.09%, 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 0.38% in the last day, and up 2.99% over the last week. Antero Resources was the among the top gainers in the energy sector, gaining 6.2% yesterday.

Antero Resources shares are trading higher following Q1 earnings.

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 100, which is 61 points higher than the energy sector average of 39. It passed 7 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 33.25% in the past year. It has overperformed other stocks in the energy sector by 12 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 gained 14.99% in the past year. It has underperformed other stocks in the energy sector by -6 percentage points.

3. Highpeak Energy (NASDAQ:HPK)


Highpeak Energy (NASDAQ:HPK) is the third 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 -24.62% in the past year. It has underperformed other stocks in the energy sector by -46 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 14.53% 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 13.62x.
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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.