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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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
TELL
TELLURIAN INC
$338.78MN/A0.00%N/AN/AN/AN/A
TXO
TXO PARTNERS LP
$573.18M2.58%-28.50%$0.4800$0.4849%0
VTS
VITESSE ENERGY INC
$670.67MN/A-205.50%N/AN/AN/AN/A
GFR
GREENFIRE RESOURCES LTD
$398.13MN/A0.00%N/AN/AN/AN/A
PBT
PERMIAN BASIN ROYALTY TRUST
$559.77M5.13%99.80%$0.0413$0.6279%62024-04-292024-05-14
ACDC
PROFRAC HOLDING CORP
$1.29BN/A0.00%N/AN/AN/AN/A
VIVK
VIVAKOR INC
$36.02MN/A0.00%N/AN/AN/AN/A
STR
SITIO ROYALTIES CORP
$3.75B1.68%-750.00%$0.4000$0.4033%4
YPF
YPF SOCIEDAD ANONIMA
$7.96BN/A0.00%$0.1377N/AN/A2
TRSG
TUNGRAY TECHNOLOGIES INC
N/AN/A0.00%N/AN/AN/AN/A
AMTX
AEMETIS INC
$171.71MN/A0.00%N/AN/AN/AN/A
NBR
NABORS INDUSTRIES LTD
$722.15MN/A0.00%$0.5000N/AN/A1
USEG
US ENERGY CORP
$29.89M1.91%-1.70%$0.0225$0.0238%0
CSAN
COSAN SA
$5.19BN/AN/A$0.3344N/AN/A0
TPET
TRIO PETROLEUM CORP
$13.66MN/A0.00%N/AN/AN/AN/A
IEP
ICAHN ENTERPRISES LP
$7.41B28.95%-342.90%$1.0000$5.00100%1
EP
EMPIRE PETROLEUM CORP
$119.15MN/A0.00%N/AN/AN/AN/A
GLNG
GOLAR LNG LTD
$2.62B4.00%-227.30%$0.2500$1.0068%1
ENSV
ENSERVCO CORP
$6.48MN/A0.00%N/AN/AN/AN/A
GTE
GRAN TIERRA ENERGY INC
$269.26MN/A0.00%N/AN/AN/AN/A
CEI
CAMBER ENERGY INC
$26.21MN/A0.00%N/AN/AN/AN/A
NINE
NINE ENERGY SERVICE INC
$80.54MN/A0.00%N/AN/AN/AN/A
SMLP
SUMMIT MIDSTREAM PARTNERS LP
$291.85MN/A0.00%$1.8750N/AN/A2
NGL
NGL ENERGY PARTNERS LP
$780.50MN/A0.00%$0.1000N/AN/A3
BROG
BROOGE ENERGY LTD
$124.38MN/AN/AN/AN/AN/AN/A
KGEI
KOLIBRI GLOBAL ENERGY INC
$112.21MN/AN/AN/AN/AN/AN/A
SOC
SABLE OFFSHORE CORP
$629.94MN/AN/AN/AN/AN/AN/A
NEXT
NEXTDECADE CORP
$1.61BN/A0.00%N/AN/AN/AN/A
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.