WallStreetZenWallStreetZen

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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
GFR
GREENFIRE RESOURCES LTD
$6.350.16%-1.24%25.00%7.26%6.19%N/AN/AN/AN/A$9.90$4.6835.86%35.68%0.489,79928.87%
TGS
GAS TRANSPORTER OF THE SOUTH INC
$15.60-7.69%-13.72%21.78%10.95%32.65%37.57%261.11%28.57%556.01%$19.95$9.5021.80%64.21%0.87376,570198.82%
VTS
VITESSE ENERGY INC
$23.852.01%2.62%2.10%17.95%1.23%22.81%N/AN/AN/A$27.39$16.8312.92%41.71%0.82330,14899.28%
ACDC
PROFRAC HOLDING CORP
$8.490.47%-2.97%7.20%21.81%-10.35%-31.26%N/AN/AN/A$14.32$6.4640.71%31.42%1.191,018,70537.49%
DK
DELEK US HOLDINGS INC
$30.95-2.15%-4.39%4.92%26.02%17.64%34.62%42.43%-17.49%2.01%$33.60$19.397.89%59.62%1.201,245,31511.12%
PBT
PERMIAN BASIN ROYALTY TRUST
$11.97-1.72%-5.90%-6.99%-16.24%-42.40%-54.92%200.75%57.71%-9.86%$27.15$10.9555.91%9.32%0.6991,490-48.91%
KOS
KOSMOS ENERGY LTD
$6.05-2.42%2.37%6.14%-5.76%-21.83%-19.97%120.80%-9.43%-44.14%$8.28$5.2326.93%15.68%1.756,683,3251.57%
AMTX
AEMETIS INC
$4.08-4.90%-22.29%31.61%20.71%-15.53%71.43%-80.11%374.42%N/A$8.99$1.1654.62%251.72%1.17607,71530.06%
BROG
BROOGE ENERGY LTD
$1.35-0.74%-4.26%-42.31%-49.81%-73.43%-74.43%-86.57%-86.58%N/A$6.66$1.0779.73%26.17%0.172,019,651-65.65%
MMLP
MARTIN MIDSTREAM PARTNERS LP
$2.47-2.37%-4.63%-5.36%1.65%4.66%-2.76%9.78%-77.46%-94.12%$3.30$1.9525.15%26.67%0.81129,182113.78%
AR
ANTERO RESOURCES CORP
$29.00-2.65%-3.24%12.36%31.70%4.35%23.09%204.62%237.60%-51.84%$30.90$19.916.15%45.64%1.113,153,9945.79%
NBR
NABORS INDUSTRIES LTD
$78.24-1.45%-11.28%-12.68%5.30%-34.12%-33.69%-12.53%-57.48%-93.46%$141.47$71.4244.69%9.55%1.83150,725-21.85%
USEG
US ENERGY CORP
$1.386.98%2.99%36.63%26.61%-1.43%5.34%-64.43%-80.56%-99.45%$1.76$0.8321.59%66.27%0.64493,026-51.86%
CSAN
COSAN SA
$11.15-4.29%-10.87%-14.76%-25.42%-11.86%-12.20%-31.09%N/AN/A$17.51$10.9936.30%1.46%0.90715,97265.71%
EP
EMPIRE PETROLEUM CORP
$5.12-6.06%-15.79%-7.75%-24.37%-45.42%-58.20%-31.55%300.00%326.67%$12.51$4.6159.08%11.06%0.9682,0182.82%
GLNG
GOLAR LNG LTD
$24.85-0.48%-2.17%5.56%11.59%3.24%11.29%145.07%18.73%-44.88%$25.90$19.624.05%26.66%1.28759,241-10.24%
VIVK
VIVAKOR INC
$0.900.00%11.11%7.02%-13.46%20.00%-18.92%N/AN/AN/A$1.48$0.4439.19%105.48%0.6864,629-91.18%
ENSV
ENSERVCO CORP
$0.321.94%19.70%67.20%68.98%-17.49%-42.44%-76.76%-95.37%-99.04%$0.55$0.1742.55%84.80%0.951,882,341-53.36%
GTE
GRAN TIERRA ENERGY INC
$8.08-0.12%-4.15%29.28%60.32%20.42%778.26%1,109.58%225.81%6.74%$8.46$0.604.49%1,246.67%2.01266,042-32.09%
CEI
CAMBER ENERGY INC
$0.21-8.07%-3.76%0.49%20.59%-53.41%-87.58%-99.45%-100.00%-100.00%$1.74$0.1588.22%36.67%1.1924,195,487-43.76%
NINE
NINE ENERGY SERVICE INC
$2.80-0.71%-2.44%30.84%19.15%-30.17%-42.62%28.44%-86.91%N/A$5.59$1.7949.87%56.86%1.23978,008-64.53%
NGL
NGL ENERGY PARTNERS LP
$5.93-1.17%-1.00%-1.00%12.95%43.58%104.48%179.72%-57.97%-84.96%$6.20$2.634.28%125.48%1.09563,00649.90%
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$28.24-0.53%-0.88%53.06%62.86%55.68%76.61%28.25%-80.45%-95.47%$29.18$13.003.22%117.23%1.7721,796-55.63%
TPET
TRIO PETROLEUM CORP
$0.6322.09%275.00%472.73%136.84%32.63%-72.25%N/AN/AN/A$3.00$0.0879.00%687.50%-1.60178,689,943-45.61%
SOC
SABLE OFFSHORE CORP
$10.87-0.82%-0.91%-6.93%-5.48%3.13%7.31%8.27%N/AN/A$13.15$10.1217.34%7.41%-0.0173,646-49.99%
KGEI
KOLIBRI GLOBAL ENERGY INC
$3.390.44%-4.24%-6.61%-0.59%-25.49%N/AN/AN/AN/A$4.93$2.8431.24%19.37%0.579,031136.29%
NEXT
NEXTDECADE CORP
$6.220.00%11.07%14.76%33.76%36.11%16.26%182.73%17.80%N/A$8.74$4.0128.82%55.11%1.47963,575-37.52%

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-1.45%-7.23%-0.63%+0.86%9.13x1.02x+6.90%+4.90%+8.15%+32.75%Buy
83-1.63%-1.24%+5.91%+14.88%13.26x2.14x+23.29%+11.43%+17.23%+13.11%Strong Buy
49-1.50%-4.38%+3.09%+20.54%28.09x2.76x+21.06%+8.25%+14.55%+18.78%Buy
16-1.15%-2.40%+5.09%+5.98%11.09x1.64x+17.67%+8.11%+16.57%+19.02%Buy
48-1.08%-2.26%+1.25%+14.02%13.63x2.27x+28.55%+8.11%+12.10%+14.18%Buy
21-1.48%-5.35%+0.84%+21.23%8.87x2.28x+34.31%+10.96%+20.29%+6.88%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 61, which is 26 points higher than the energy sector average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -3.45% over the past year, underperforming other energy stocks by -18 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.89, an upside of 38.29% from Patterson Uti Energy's current stock price of $11.49.

Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Patterson Uti Energy, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) 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 24 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 29.1% over the past year, overperforming other energy stocks by 15 percentage points.

Chord Energy has an average 1 year price target of $203.00, an upside of 9.55% from Chord Energy's current stock price of $185.31.

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.

3. Euronav Nv (NYSE:EURN)


Euronav Nv (NYSE:EURN) is the third best energy stock with a Zen Score of 60, which is 25 points higher than the energy sector average of 35. It passed 22 out of 38 due diligence checks and has strong fundamentals. Euronav Nv has seen its stock lose -11% over the past year, underperforming other energy stocks by -26 percentage points.

Euronav Nv has an average 1 year price target of $19.14, an upside of 18.29% from Euronav Nv's current stock price of $16.18.

Euronav Nv stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Euronav Nv, 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.

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 28.97%, 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. Ecopetrol Sa (NYSE:EC)


Ecopetrol Sa (NYSE:EC) has an annual dividend yield of 28.47%, which is 24 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 25.8% indicates that its high dividend yield is sustainable for the long-term.

3. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 25.9%, 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.

Why are energy stocks down?

Energy stocks were down -1.44% in the last day, and down -2.72% over the last week.

We couldn't find a catalyst for why energy stocks are down.

What are the most undervalued energy stocks?

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

1. Cbl International (NASDAQ:BANL)


Cbl International (NASDAQ:BANL) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Cbl International 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.

Cbl International's stock has dropped -93.89% in the past year. It has underperformed other stocks in the energy sector by -108 percentage points.

2. Chord Energy (NASDAQ:CHRD)


Chord Energy (NASDAQ:CHRD) is the second 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 29.1% in the past year. It has overperformed other stocks in the energy sector by 15 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 -36.44% in the past year. It has underperformed other stocks in the energy sector by -51 percentage points.

Are energy stocks a good buy now?

47.77% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 14.66% 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 12.89x.
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.