WallStreetZenWallStreetZen

Sectors & IndustriesEnergy
Best Energy Stocks to Buy Now (2023)
Top energy stocks in 2023 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
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$319.08M$2.48-1.59%$60.06M41.33x3.05
GEL
GENESIS ENERGY LP
NYSE
Oil & Gas Midstream
$1.31B$10.703.18%$600.99M-267.50x8.01
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$337.27M$3.76-0.79%$29.19M-17.09x0.69
HHRS
HAMMERHEAD ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$729.66M$7.596.90%$218.12M7.74x0.31
CEQP
CRESTWOOD EQUITY PARTNERS LP
NYSE
Oil & Gas Midstream
$2.44B$23.172.03%$539.50M-79.90x2.87
PDS
PRECISION DRILLING CORP
NYSE
Oil & Gas Drilling
$657.86M$48.520.02%$261.26M-25.89x1.34
BORR
BORR DRILLING LTD
NYSE
Oil & Gas Drilling
$1.64B$7.16-1.51%-$56.90M-3.46x2.57
AMPY
AMPLIFY ENERGY CORP
NYSE
Oil & Gas E&P
$240.78M$6.22-1.11%$96.04M4.32x-101.65
FIP
FTAI INFRASTRUCTURE INC
NASDAQ
Oil & Gas Midstream
$252.59M$2.542.01%-$25.13M-1.47x3.06
IONR
IONEER LTD
NASDAQ
Oil & Gas Equipment & Services
$403.93M$7.704.19%-$5.44M-0.50x0.03
PBT
PERMIAN BASIN ROYALTY TRUST
NYSE
Oil & Gas E&P
$1.10B$23.510.38%N/A20.44x10.22
VTOL
BRISTOW GROUP INC
NYSE
Oil & Gas Equipment & Services
$588.26M$21.001.30%$124.26M-38.18x1.30
ETRN
EQUITRANS MIDSTREAM CORP
NYSE
Oil & Gas Midstream
$2.27B$5.230.38%$468.45M-6.88x9.10
VAL
VALARIS LTD
NYSE
Oil & Gas Equipment & Services
$4.69B$62.410.06%$347.10M26.56x1.21
CNX
CNX RESOURCES CORP
NYSE
Oil & Gas E&P
$2.68B$15.743.28%$376.96M-20.99x1.89
CKX
CKX LANDS INC
NYSEMKT
Oil & Gas E&P
$18.52M$9.38-1.37%-$271.32k-58.63x0.02
CSAN
COSAN SA
NYSE
Oil & Gas Refining & Marketing
$4.93B$10.562.72%$1.40BN/A5.06
VIVK
VIVAKOR INC
NASDAQ
Oil & Gas E&P
$20.05M$1.110.00%-$7.98M-1.79x1.87
OSG
OVERSEAS SHIPHOLDING GROUP INC
NYSE
Oil & Gas Midstream
$291.74M$3.71-0.54%$226.28M12.37x2.35
FTI
TECHNIPFMC PLC
NYSE
Oil & Gas Equipment & Services
$5.53B$12.51-0.40%$514.10M-52.13x1.90
NGL
NGL ENERGY PARTNERS LP
NYSE
Oil & Gas Refining & Marketing
$328.30M$2.500.40%$624.49M-5.21x6.53
RIG
TRANSOCEAN LTD
NYSE
Oil & Gas Drilling
$4.13B$5.69-3.72%$734.00M-6.39x0.89
AMTX
AEMETIS INC
NASDAQ
Oil & Gas Refining & Marketing
$95.66M$2.610.38%-$72.40M-0.84x-2.03
NBR
NABORS INDUSTRIES LTD
NYSE
Oil & Gas Drilling
$1.02B$108.36-1.71%$554.24M-2.67x9.53
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
NASDAQ
Oil & Gas E&P
$1.34B$16.80-0.97%$112.50M-8.24x-5.63
MMLP
MARTIN MIDSTREAM PARTNERS LP
NASDAQ
Oil & Gas Midstream
$101.18M$2.601.56%$107.54M-10.00x-11.07
HLX
HELIX ENERGY SOLUTIONS GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.09B$7.19-2.04%$86.46M-12.40x0.58
NEXT
NEXTDECADE CORP
NASDAQ
Oil & Gas E&P
$621.87M$4.13-0.72%-$59.15M-6.35x1.02
DO
DIAMOND OFFSHORE DRILLING INC
NYSE
Oil & Gas Drilling
$1.08B$10.67-2.91%$38.30M-10.36x1.25
ICD
INDEPENDENCE CONTRACT DRILLING INC
NYSE
Oil & Gas Drilling
$40.79M$2.990.67%-$1.50M-0.60x1.00
ENSV
ENSERVCO CORP
NYSEMKT
Oil & Gas Equipment & Services
$5.20M$0.44-4.35%-$706.00k-0.71x7.09
ACDC
PROFRAC HOLDING CORP
NASDAQ
Oil & Gas Equipment & Services
$1.72B$11.090.45%N/AN/A-1.29
INDO
INDONESIA ENERGY CORP LTD
NYSEMKT
Oil & Gas E&P
$43.80M$4.68-1.06%-$3.03M-8.36x0.65
FTK
FLOTEK INDUSTRIES INC
NYSE
Oil & Gas Equipment & Services
$61.98M$0.70-0.99%-$34.32M-1.23x62.49
TNP
TSAKOS ENERGY NAVIGATION LTD
NYSE
Oil & Gas Midstream
$474.12M$19.301.31%$6.83M-2.03x1.29
SNMP
EVOLVE TRANSITION INFRASTRUCTURE LP
NYSEMKT
Oil & Gas Midstream
$36.60M$0.19-5.13%-$18.51M-0.21x-2.05
SDRL
SEADRILL LTD
NYSE
Oil & Gas Drilling
$1.89B$37.741.18%N/AN/A1.05
ATLX
ATLAS LITHIUM CORP
NASDAQ
Oil & Gas Equipment & Services
N/A$16.270.31%-$3.05MN/A2.48
SMLP
SUMMIT MIDSTREAM PARTNERS LP
NYSE
Oil & Gas Midstream
$156.00M$15.32-1.92%$83.06M-1.21x2.19
CEI
CAMBER ENERGY INC
NYSEMKT
Oil & Gas E&P
$26.00M$1.302.36%-$103.02M-0.12x-3.03
CLCO
COOL CO LTD
NYSE
Oil & Gas Midstream
N/A$12.08-2.50%N/AN/A1.74
USEA
UNITED MARITIME CORP
NASDAQ
Oil & Gas Midstream
$25.87M$2.920.34%N/AN/A1.21
TXO
TXO ENERGY PARTNERS LP
NYSE
Oil & Gas E&P
N/A$22.75-0.13%N/AN/A0.64
123

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-0.59%+3.42%-16.86%-20.83%6.95x0.91x-4.63%+0.38%+1.67%+80.69%Buy
86+0.82%+2.22%-8.51%-4.88%6.49x1.84x+80.08%+20.23%+28.14%+30.27%Buy
57-0.22%+0.02%-15.82%-10.13%20.79x2.48x+12.56%+4.96%+10.44%+48.58%Buy
15-0.38%+1.69%-8.13%-4.32%18.88x1.50x+25.01%+11.50%+24.21%+30.45%Buy
54+0.25%+0.92%-6.76%+5.68%20.58x2.11x+9.09%+5.43%+9.73%+23.70%Buy
21-0.23%+0.23%-8.12%+16.47%4.71x1.77x+52.63%+15.26%+27.53%+21.68%Buy

Energy Stocks FAQ

What are the best energy stocks to buy right now in Mar 2023?

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

1. Petrobra (NYSE:PBR)


Petrobra (NYSE:PBR) is the top energy stock with a Zen Score of 72, which is 34 points higher than the energy sector average of 38. It passed 27 out of 38 due diligence checks and has strong fundamentals. Petrobra has seen its stock lose -32.92% over the past year, underperforming other energy stocks by -30 percentage points.

Petrobra has an average 1 year price target of $12.50, an upside of 28.87% from Petrobra's current stock price of $9.70.

Petrobra stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Petrobra, 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.

2. Target Hospitality (NASDAQ:TH)


Target Hospitality (NASDAQ:TH) is the second best energy stock with a Zen Score of 71, which is 33 points higher than the energy sector average of 38. It passed 24 out of 33 due diligence checks and has strong fundamentals. Target Hospitality has seen its stock return 176.22% over the past year, overperforming other energy stocks by 179 percentage points.

Target Hospitality has an average 1 year price target of $22.00, an upside of 39.24% from Target Hospitality's current stock price of $15.80.

Target Hospitality stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Target Hospitality, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Nextier Oilfield Solutions (NYSE:NEX)


Nextier Oilfield Solutions (NYSE:NEX) is the third best energy stock with a Zen Score of 70, which is 32 points higher than the energy sector average of 38. It passed 23 out of 33 due diligence checks and has strong fundamentals. Nextier Oilfield Solutions has seen its stock lose -22.67% over the past year, underperforming other energy stocks by -20 percentage points.

Nextier Oilfield Solutions has an average 1 year price target of $13.38, an upside of 83.22% from Nextier Oilfield Solutions's current stock price of $7.30.

Nextier Oilfield Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Nextier Oilfield Solutions, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 126 energy stocks that have issued dividends in the past year, the 3 energy stocks with the highest dividend yields are:

1. Petrobra (NYSE:PBR)


Petrobra (NYSE:PBR) has an annual dividend yield of 41.92%, which is 36 percentage points higher than the energy sector average of 5.88%. Petrobra's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Petrobra's dividend has shown consistent growth over the last 10 years.

Petrobra's dividend payout ratio of 68.5% indicates that its high dividend yield is sustainable for the long-term.

2. Dorian Lpg (NYSE:LPG)


Dorian Lpg (NYSE:LPG) has an annual dividend yield of 26.62%, which is 21 percentage points higher than the energy sector average of 5.88%.

Dorian Lpg's dividend payout ratio of 136.8% 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 24.48%, which is 19 percentage points higher than the energy sector average of 5.88%. Ecopetrol Sa's dividend payout is not stable, having dropped more than 10% six 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 78.3% indicates that its high dividend yield is sustainable for the long-term.

Why are energy stocks up?

Energy stocks were up 0.36% in the last day, and up 1.58% over the last week. Apa was the among the top gainers in the energy sector, gaining 1.47% yesterday.

Shares of energy companies are trading lower amid European banking sector fears, which have caused demand uncertainty. Additionally, US Energy Secretary Granholm on Thursday said it would be difficult to refill the Strategic Petroleum Reserve this year, which may be leading to concerns of oversupply.

What are the most undervalued energy stocks?

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

1. Epsilon Energy (NASDAQ:EPSN)


Epsilon Energy (NASDAQ:EPSN) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Epsilon Energy has a valuation score of 100, which is 63 points higher than the energy sector average of 37. It passed 7 out of 7 valuation due diligence checks.

Epsilon Energy's stock has dropped -8.81% in the past year. It has underperformed other stocks in the energy sector by -6 percentage points.

2. Primeenergy Resources (NASDAQ:PNRG)


Primeenergy Resources (NASDAQ:PNRG) is the second most undervalued energy stock based on WallStreetZen's Valuation Score. Primeenergy Resources has a valuation score of 86, which is 49 points higher than the energy sector average of 37. It passed 6 out of 7 valuation due diligence checks.

Primeenergy Resources's stock has gained 16.97% in the past year. It has overperformed other stocks in the energy sector by 20 percentage points.

3. Torm (NASDAQ:TRMD)


Torm (NASDAQ:TRMD) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Torm has a valuation score of 86, which is 49 points higher than the energy sector average of 37. It passed 6 out of 7 valuation due diligence checks.

Torm's stock has gained 281.08% in the past year. It has overperformed other stocks in the energy sector by 284 percentage points.

Are energy stocks a good buy now?

42.92% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 32.15% 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 15.65x.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.