WallStreetZenWallStreetZen

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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
TGS
GAS TRANSPORTER OF THE SOUTH INC
Argentina
$2.34B752,761,0580.66%0.00%
VTS
VITESSE ENERGY INC
United States
$672.14M29,453,97551.56%24.80%Net Selling
GFR
GREENFIRE RESOURCES LTD
Canada
$431.07M68,642,51527.73%0.00%
DK
DELEK US HOLDINGS INC
United States
$1.89B64,019,26733.65%66.35%Net BuyingNet Buying
PBT
PERMIAN BASIN ROYALTY TRUST
United States
$539.73M46,608,79628.86%0.00%
VIVK
VIVAKOR INC
United States
$27.16M27,710,25311.65%71.45%Net Buying
ACDC
PROFRAC HOLDING CORP
United States
$1.27B159,594,19212.73%80.30%Net BuyingNet Buying
BROG
BROOGE ENERGY LTD
United Arab Emirates
$121.64M109,587,7547.03%0.00%
AMTX
AEMETIS INC
United States
$154.24M42,608,6988.69%91.31%Net Selling
MMLP
MARTIN MIDSTREAM PARTNERS LP
United States
$103.74M39,001,08621.46%78.54%Net BuyingNet Buying
KOS
KOSMOS ENERGY LTD
United States
$2.86B471,502,54353.94%46.06%Net SellingNet Selling
NBR
NABORS INDUSTRIES LTD
Bermuda
$729.73M9,472,04827.43%72.57%Net Selling
AR
ANTERO RESOURCES CORP
United States
$8.76B303,568,00012.70%87.30%Net SellingNet Selling
USEG
US ENERGY CORP
United States
$31.66M25,327,9501.03%98.97%Net SellingNet Selling
CSAN
COSAN SA
Brazil
$5.11B1,874,070,9320.67%0.00%
EP
EMPIRE PETROLEUM CORP
United States
$123.76M25,623,67412.04%63.63%Net Buying
TPET
TRIO PETROLEUM CORP
United States
$12.11M36,911,8230.29%14.15%Net SellingNet Selling
GLNG
GOLAR LNG LTD
Bermuda
$2.58B104,578,08066.03%0.00%
ENSV
ENSERVCO CORP
United States
$7.04M26,879,6432.88%97.12%
GTE
GRAN TIERRA ENERGY INC
Canada
$257.65M32,246,50112.75%87.25%Net SellingNet Selling
CEI
CAMBER ENERGY INC
United States
$24.43M148,940,2992.84%25.88%
NINE
NINE ENERGY SERVICE INC
United States
$89.73M35,324,86133.22%66.78%Net SellingNet Selling
SMLP
SUMMIT MIDSTREAM PARTNERS LP
United States
$289.66M10,415,6752.69%97.31%Net SellingNet Selling
NGL
NGL ENERGY PARTNERS LP
United States
$755.32M132,512,76640.61%31.10%Net BuyingNet Buying
KGEI
KOLIBRI GLOBAL ENERGY INC
United States
$113.99M35,620,92127.26%0.00%
SOC
SABLE OFFSHORE CORP
United States
$617.31M60,166,2695.79%43.35%Net BuyingNet Buying
NEXT
NEXTDECADE CORP
United States
$1.52B256,708,47032.49%67.51%Net BuyingNet Selling
123

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10-0.28%-6.69%-3.95%-2.47%8.98x0.97x+7.05%+4.98%+8.23%+37.93%Buy
83-0.50%-3.83%+3.71%+13.86%13.12x2.11x+23.32%+11.46%+17.26%+15.17%Buy
49+0.11%-6.33%+0.32%+17.23%27.37x2.71x+20.94%+8.21%+14.49%+23.48%Buy
16-0.29%-3.25%+3.57%+4.99%11.02x1.62x+17.45%+8.06%+16.47%+21.65%Buy
48-0.10%-2.38%+0.90%+13.95%13.61x2.28x+27.72%+8.15%+12.19%+12.44%Buy
21-1.99%-6.59%-2.93%+17.45%8.49x2.18x+34.37%+10.94%+20.27%+12.23%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 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 24.05% over the past year, overperforming other energy stocks by 11 percentage points.

Chord Energy has an average 1 year price target of $203.00, an upside of 13.63% from Chord Energy's current stock price of $178.65.

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 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 -5.1% over the past year, underperforming other energy stocks by -18 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.75, an upside of 38.89% from Patterson Uti Energy's current stock price of $11.34.

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. 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 -10.5% over the past year, underperforming other energy stocks by -24 percentage points.

Euronav Nv has an average 1 year price target of $19.14, an upside of 16.92% from Euronav Nv's current stock price of $16.37.

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 29.6%, which is 25 percentage points higher than the energy sector average of 4.73%. 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 28.95%, which is 24 percentage points higher than the energy sector average of 4.73%. 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.

3. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 26.61%, which is 22 percentage points higher than the energy sector average of 4.73%.

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 -0.51% in the last day, and down -4.3% over the last week. Trio Petroleum was the among the top losers in the energy sector, dropping -3.53% yesterday.

Trio Petroleum shares are trading lower on continued weakness after the company on Wednesday announced it entered into a securities purchase agreement with an institutional investor in the amount of $360,000.

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 24.05% in the past year. It has overperformed other stocks in the energy sector by 11 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 -36.44% in the past year. It has underperformed other stocks in the energy sector by -49 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 58.8% in the past year. It has overperformed other stocks in the energy sector by 46 percentage points.

Are energy stocks a good buy now?

48.41% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 16.97% 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 12.75x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
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.