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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
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
CHRD
CHORD ENERGY CORP
$175.98669,0514.36%180.57182.23173.99166.71163.5543.8924.3820.567.597.130.522.16-1.640.87
INSW
INTERNATIONAL SEAWAYS INC
$56.17589,156-14.46%54.8253.6153.1251.3947.9863.8682.9582.1386.7785.380.770.500.270.70
PTEN
PATTERSON UTI ENERGY INC
$10.686,861,978-50.64%11.0811.3711.6211.2012.4535.9420.2512.8813.568.14-0.27-0.17-0.101.47
FRO
FRONTLINE PLC
$24.741,144,059-38.10%23.6223.6423.4022.5020.7560.1273.8255.7179.7361.480.180.080.100.79
PFIE
PROFIRE ENERGY INC
$1.78144,48548.50%1.811.821.731.651.8648.1632.1632.1033.4039.080.010.02-0.010.65
PUMP
PROPETRO HOLDING CORP
$9.291,744,7628.08%8.868.638.058.099.0068.6763.8762.1286.5674.470.280.230.051.43
PARR
PAR PACIFIC HOLDINGS INC
$30.84595,848-9.29%31.8232.8835.6135.8434.7832.5713.6811.6542.6539.25-1.47-1.37-0.101.28
SDPI
SUPERIOR DRILLING PRODUCTS INC
$1.2424,67690.34%1.271.201.000.870.8863.1874.6381.656.1923.130.080.09-0.010.74
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$3.51193,33550.23%3.513.483.283.102.4353.0360.0358.2356.2067.140.090.080.010.71
TRMD
TORM PLC
$34.78451,700-0.90%34.0634.0134.1433.4430.5054.8475.3364.2479.9774.530.05-0.080.130.34
TNK
TEEKAY TANKERS LTD
$60.14220,878-43.24%58.1057.5856.6656.0450.1761.0880.1071.4884.8882.070.570.300.270.73
GPRK
GEOPARK LTD
$9.38237,049-21.13%9.549.679.379.059.3944.4426.8319.589.799.07-0.020.05-0.070.96
MGY
MAGNOLIA OIL & GAS CORP
$25.112,154,822-0.82%25.6625.9724.9622.9122.6244.3319.7616.7415.2912.350.010.26-0.251.21
VLO
VALERO ENERGY CORP
$156.842,321,559-1.85%163.06167.37162.57147.96139.3436.7010.6010.3910.559.20-1.970.04-2.011.17
RNGR
RANGER ENERGY SERVICES INC
$10.05151,947-46.06%10.2110.7810.9910.5311.2434.4712.107.9821.769.73-0.35-0.24-0.110.22
SM
SM ENERGY CO
$50.133,321,360157.85%49.4349.9548.0842.8240.8854.6134.6226.6530.1518.380.160.50-0.341.80
DVN
DEVON ENERGY CORP
$50.548,950,784-32.52%51.7752.3449.4946.5047.3945.0315.7815.242.523.830.290.77-0.491.42
DTI
DRILLING TOOLS INTERNATIONAL CORP
$5.3040,716-5.25%5.515.103.933.493.7361.4365.6676.237.8629.060.490.52-0.030.01
FANG
DIAMONDBACK ENERGY INC
$201.501,848,443-2.67%202.92203.65195.05176.00164.9452.3631.8128.1416.9210.521.522.93-1.411.25
LPG
DORIAN LPG LTD
$42.89892,5248.07%41.7840.6138.8539.7135.4863.6682.5477.9470.3260.650.960.830.130.94
NFG
NATIONAL FUEL GAS CO
$54.87442,675-35.77%54.0953.5252.1950.6051.5460.8664.8855.1848.5937.180.580.560.010.69
VAL
VALARIS LTD
$68.251,142,746-39.56%2.902.462.223.537.3361.1973.1579.1458.0367.730.290.190.100.96
BSM
BLACK STONE MINERALS LP
$16.39572,07765.01%16.0115.9915.8115.9516.6759.6185.8274.3585.2075.930.060.020.040.68
NVGS
NAVIGATOR HOLDINGS LTD
$15.41147,192-8.77%15.1315.1115.1515.2414.6857.9074.4860.9589.6979.740.00-0.030.030.94
PBF
PBF ENERGY INC
$51.861,899,885-39.97%55.4256.8554.8750.4249.0034.0713.4013.182.897.68-0.790.09-0.881.65
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$20.4749,275-61.64%21.3021.3322.8622.5122.2834.5129.1641.7539.6651.72-0.47-0.480.010.88
TNP
TSAKOS ENERGY NAVIGATION LTD
$26.23258,55111.43%25.5425.3925.0024.2222.4559.3384.9480.3987.7687.940.240.140.100.79
XOM
EXXON MOBIL CORP
$116.0027,625,2018.66%118.81119.48114.40107.81108.2743.7912.8617.461.123.300.521.45-0.930.87
RES
RPC INC
$6.772,201,30553.96%7.217.547.577.337.7732.448.366.3710.084.19-0.26-0.11-0.140.94
DNOW
DNOW INC
$14.34460,171-4.97%14.5114.7214.6312.6311.8546.4622.3916.8724.7314.80-0.070.04-0.111.08
HAL
HALLIBURTON CO
$36.733,796,283-24.52%37.9438.8237.9936.6938.1036.1512.7510.1013.579.44-0.42-0.05-0.381.44
NOG
NORTHERN OIL & GAS INC
$40.25987,850-5.31%41.9342.1439.5037.2938.2843.5112.3517.916.229.170.310.84-0.541.30
MXC
MEXCO ENERGY CORP
$12.271,205-57.19%12.4713.1111.5010.7011.5448.845.525.803.501.510.130.38-0.240.58
DMLP
DORCHESTER MINERALS LP
$30.88211,152232.39%33.3933.6832.9632.1030.5933.0117.7917.3612.149.43-0.290.08-0.370.62
CVE
CENOVUS ENERGY INC
$20.498,043,443-2.91%20.9821.0019.6917.9718.5849.0426.7529.668.438.760.250.43-0.181.29
MPC
MARATHON PETROLEUM CORP
$182.551,866,062-30.40%192.16199.39193.53175.79161.0134.4414.0011.6313.8410.23-3.64-0.46-3.181.26
E
ENI SPA
$31.7195,666-73.55%32.4232.6632.0732.1431.9441.665.838.902.465.59-0.080.10-0.180.93
SU
SUNCOR ENERGY INC
$38.243,355,20623.18%38.8238.5136.8834.5533.7052.2337.4643.5712.9113.700.420.64-0.211.05
BKR
BAKER HUGHES CO
$31.923,701,402-28.20%32.5932.8432.2831.8033.4142.1010.2518.6910.4418.40-0.110.06-0.171.15
COP
CONOCOPHILLIPS
$122.234,962,381-29.26%127.35129.02123.53118.12118.0233.458.9510.180.002.93-0.191.20-1.381.13
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$28.103,597,926-12.41%28.5528.7128.6127.6427.2140.6019.0217.3421.4313.86-0.16-0.03-0.130.74
TRP
TC ENERGY CORP
$37.623,577,4393.47%36.1636.2738.4838.7837.3656.6173.7055.8093.3589.71-0.59-0.830.250.84
STNG
SCORPIO TANKERS INC
$72.40486,304-1.31%71.1770.7370.3167.4360.0255.9559.8953.1153.6046.270.250.200.060.86
WKC
WORLD KINECT CORP
$23.93498,27014.36%24.0924.6525.0523.8522.7143.0155.6150.2651.9342.05-0.46-0.33-0.131.17
WFRD
WEATHERFORD INTERNATIONAL PLC
$122.60544,715-9.21%122.64119.71115.61105.1297.5655.0258.6963.5948.1355.232.192.160.041.06
TRGP
TARGA RESOURCES CORP
$112.311,752,473-6.51%115.02114.53109.7398.2391.5747.8523.9634.102.8510.041.131.90-0.771.38
FLNG
FLEX LNG LTD
$26.60186,193-22.37%26.1525.8125.5327.2628.9263.0991.3285.8588.6879.890.190.100.100.94
GEOS
GEOSPACE TECHNOLOGIES CORP
$12.6038,852-43.03%12.4312.6612.7713.1512.0648.7840.7529.2865.5539.10-0.17-0.17-0.011.12
MRC
MRC GLOBAL INC
$11.51426,21012.43%11.5611.8612.0911.4110.8041.7324.4014.0940.7521.39-0.23-0.17-0.061.39
VTLE
VITAL ENERGY INC
$51.65457,971-16.11%53.7254.5852.3248.1950.1542.3413.5914.045.886.73-0.070.59-0.662.14
TPL
TEXAS PACIFIC LAND CORP
$561.6243,719-10.86%580.79584.93561.23534.96560.3342.356.789.982.498.831.026.70-5.691.07
PR
PERMIAN RESOURCES CORP
$16.935,013,249-25.11%17.0717.3616.8515.1814.2746.8927.5120.1221.9014.79-0.030.11-0.141.08
CVX
CHEVRON CORP
$160.2511,493,74334.23%162.77161.12157.19153.16155.3350.2440.9248.1816.3727.081.241.65-0.411.01
APA
APA CORP
$29.269,430,204-27.85%31.4532.5232.4432.6136.4926.797.118.251.354.28-0.82-0.38-0.441.57
EQT
EQT CORP
$40.275,958,12718.63%39.6038.2436.8236.7139.1063.1967.9070.4341.4550.521.020.880.140.88
CVI
CVR ENERGY INC
$29.491,373,97017.56%31.8833.1634.0933.1033.2325.838.617.442.775.21-1.31-0.80-0.511.23
DHT
DHT HOLDINGS INC
$11.631,682,46314.68%11.4511.3911.2610.9510.4456.7676.5367.8980.9080.860.070.050.030.56
WES
WESTERN MIDSTREAM PARTNERS LP
$35.53670,492-46.92%35.4035.1834.8231.6929.6055.0852.4444.1439.3331.710.170.27-0.101.31
PHX
PHX MINERALS INC
$3.388,099-81.50%3.383.353.233.213.3353.6340.7442.2835.3536.910.030.04-0.010.88
LBRT
LIBERTY ENERGY INC
$21.642,732,888-1.40%22.2822.2321.5520.1819.1047.1017.6427.1714.2017.240.100.28-0.181.36
LNG
CHENIERE ENERGY INC
$157.543,770,97231.19%159.00158.26157.77161.68164.4847.8353.6556.0451.0153.130.130.13-0.000.74
PBR
PETROBRAS - PETROLEO BRASILEIRO
$16.4324,871,50327.91%16.9816.4215.9316.1515.4850.9575.9183.0950.5264.430.360.330.031.23
CNQ
CANADIAN NATURAL RESOURCES LTD
$74.652,655,6840.80%76.4577.7975.0169.3366.4240.1217.4813.760.002.81-0.040.62-0.661.21
GLP
GLOBAL PARTNERS LP
$47.7568,36242.17%47.1246.3746.3545.0238.7159.6880.3675.2485.7076.210.430.260.170.76
REPX
RILEY EXPLORATION PERMIAN INC
$24.94125,6918.27%26.3927.6428.0326.1628.6233.2914.5610.4413.486.50-1.03-0.59-0.440.98
HES
HESS CORP
$158.866,028,92317.22%159.11156.54152.35147.83149.2857.3058.8160.2341.2945.331.992.02-0.031.18
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$9.01218,054-23.02%8.858.738.578.119.0255.4953.2052.1752.9352.580.130.100.031.13
EURN
EURONAV NV
$17.00144,524-24.17%16.6616.5516.8217.2417.2458.1882.6274.7690.4683.490.04-0.050.080.65
WHD
CACTUS INC
$50.65521,104-16.45%51.3351.0649.1145.9647.3151.1539.7036.4023.8720.280.450.69-0.241.22
CHK
CHESAPEAKE ENERGY CORP
$86.672,836,73138.57%89.4188.8886.5181.9283.2644.1016.8133.770.5315.990.480.99-0.510.80
TK
TEEKAY CORP
$7.71465,563-19.41%7.457.357.357.637.1160.5287.1178.2994.9784.660.05-0.000.061.06
EPSN
EPSILON ENERGY LTD
$5.4412,054-64.04%5.405.415.255.105.2954.7755.1253.0347.2647.530.040.04-0.010.36
MUR
MURPHY OIL CORP
$44.151,665,391-12.43%45.5346.1644.3542.2343.2539.2712.7914.040.585.84-0.090.35-0.441.43
WMB
WILLIAMS COMPANIES INC
$38.674,413,462-25.79%38.8138.5537.7736.2235.4953.5549.8250.0525.1126.200.220.31-0.090.93
CHX
CHAMPIONX CORP
$33.601,540,502-32.43%34.3335.8134.4831.5432.6137.5013.048.2110.885.23-0.440.02-0.461.48
SLB
SCHLUMBERGER LIMITED
$47.6610,605,56218.77%48.5950.4551.5150.8553.9127.679.686.4320.7410.86-1.36-1.00-0.361.18
EGY
VAALCO ENERGY INC
$6.27973,3110.73%6.416.685.995.194.8045.2712.6414.2411.879.350.000.12-0.121.15
VNOM
VIPER ENERGY INC
$37.62838,645-8.31%38.7939.2637.8334.7731.6942.3024.9519.386.533.720.000.41-0.411.13
NCSM
NCS MULTISTAGE HOLDINGS INC
$17.421,132-93.62%16.6216.5016.0215.9915.8566.1467.9171.6071.1460.860.270.180.101.30
HP
HELMERICH & PAYNE INC
$38.471,091,668-20.35%40.1541.0940.6838.6039.8237.068.1710.706.664.00-0.68-0.19-0.491.46
MPLX
MPLX LP
$41.121,257,862-8.53%41.5841.1540.7639.0637.2449.8151.2059.8659.1173.330.210.24-0.030.66
AMPY
AMPLIFY ENERGY CORP
$7.06499,306-11.47%7.237.136.616.316.5451.9833.6836.4722.4220.050.130.19-0.061.57
KNTK
KINETIK HOLDINGS INC
$38.19338,167-40.22%38.6938.7837.5735.3735.2847.6820.7528.0916.0515.260.150.36-0.221.32
PDS
PRECISION DRILLING CORP
$71.1247,96910.44%69.6770.3867.0762.1162.3954.9859.7657.4051.2350.580.660.77-0.111.37
EQNR
EQUINOR ASA
$27.414,575,96165.59%27.1427.4626.7427.9929.9952.5531.3217.2136.9217.10-0.030.05-0.090.91
VIST
VISTA ENERGY SAB DE CV
$43.20266,336-36.38%43.2142.8740.8936.0531.9356.2657.9260.4523.5128.540.600.77-0.171.20
MRO
MARATHON OIL CORP
$26.349,032,032-39.01%27.1827.9326.9425.1825.7037.189.258.975.314.06-0.240.09-0.331.25
MTDR
MATADOR RESOURCES CO
$63.281,402,5176.47%64.1265.8365.6860.7860.0242.2522.0514.9527.8115.97-0.90-0.36-0.541.80
DINO
HF SINCLAIR CORP
$54.421,673,6123.19%56.1457.6758.4157.1156.2034.2216.9313.1418.8515.12-1.32-0.86-0.461.06
BOOM
DMC GLOBAL INC
$13.64812,714309.08%16.1716.8517.5217.6019.0922.7011.829.0733.3324.80-0.73-0.49-0.241.09
EOG
EOG RESOURCES INC
$130.025,660,17635.43%133.55134.06127.15121.63124.5345.4923.3024.859.4510.371.012.03-1.021.06
NE
NOBLE CORP PLC
$45.29823,8412.49%45.5046.9446.4845.7647.5944.2316.6711.4831.1417.21-0.78-0.44-0.340.84
SGU
STAR GROUP LP
$11.3945,21974.87%11.2510.7710.7211.2811.6861.8286.0391.0783.9289.840.240.140.100.53
NOV
NOV INC
$18.542,100,96813.98%18.7419.0918.6918.9719.4843.6817.4918.9527.7325.75-0.14-0.05-0.091.29
NGS
NATURAL GAS SERVICES GROUP INC
$22.3937,396-17.08%23.3223.3420.4617.6215.2050.5918.1318.2010.206.820.580.98-0.400.73
TTE
TOTALENERGIES SE
$71.63744,214-43.71%72.8372.6269.4767.5966.1050.0220.1932.602.0710.310.691.06-0.370.90
CRC
CALIFORNIA RESOURCES CORP
$51.68460,179-6.30%53.8554.6153.9352.9253.3039.327.079.018.819.94-0.52-0.02-0.500.91
VVV
VALVOLINE INC
$43.62976,075-32.83%42.5842.3043.0940.1736.8361.1476.5669.5786.0681.720.02-0.120.140.98
PAA
PLAINS ALL AMERICAN PIPELINE LP
$17.495,597,34277.83%17.7117.8017.3516.4115.8248.4427.2923.5321.6616.90-0.000.11-0.121.11
SBOW
SILVERBOW RESOURCES INC
$31.00237,370-59.25%30.9631.6832.0629.8032.6946.8126.4925.9645.5345.18-0.51-0.40-0.110.96

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10+2.95%-2.60%-11.01%+14.66%8.02x0.97x+6.49%+4.93%+7.74%+35.70%Buy
83+0.78%-4.01%-3.49%+23.88%16.09x2.05x+20.03%+9.92%+15.26%+19.32%Buy
50+1.48%-2.19%-5.74%+32.38%17.01x2.62x+20.58%+8.14%+14.68%+21.84%Strong Buy
16+0.17%-1.73%-0.34%+17.17%11.49x1.63x+16.69%+7.65%+16.02%+18.13%Buy
48+0.78%-0.07%-0.86%+27.83%14.40x2.38x+21.80%+7.15%+11.08%+12.36%Buy
21-0.05%-5.09%-12.38%+28.75%9.59x2.14x+29.83%+9.11%+17.11%+16.62%Buy

Energy Stocks FAQ

What are the best energy stocks to buy right now in May 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 30 points higher than the energy sector average of 34. It passed 25 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 29.91% over the past year, overperforming other energy stocks by 5 percentage points.

Chord Energy has an average 1 year price target of $208.17, an upside of 18.29% from Chord Energy's current stock price of $175.98.

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. International Seaways (NYSE:INSW)


International Seaways (NYSE:INSW) is the second best energy stock with a Zen Score of 61, which is 27 points higher than the energy sector average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. International Seaways has seen its stock return 51.65% over the past year, overperforming other energy stocks by 27 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 15.72% from International Seaways's current stock price of $56.17.

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.

3. Patterson Uti Energy (NASDAQ:PTEN)


Patterson Uti Energy (NASDAQ:PTEN) is the third best energy stock with a Zen Score of 61, which is 27 points higher than the energy sector average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock return 3.59% over the past year, underperforming other energy stocks by -22 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.63, an upside of 46.3% from Patterson Uti Energy's current stock price of $10.68.

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.

What are the energy stocks with highest dividends?

Out of 117 energy stocks that have issued dividends in the past year, the 3 energy stocks with the highest dividend yields are:

1. Mexco Energy (NYSEMKT:MXC)


Mexco Energy (NYSEMKT:MXC) has an annual dividend yield of N/A, which is N/A percentage points lower than the energy sector average of 4.77%.

Mexco Energy's dividend payout ratio of 10.8% indicates that its dividend yield is sustainable for the long-term.

2. Icahn Enterprises (NASDAQ:IEP)


Icahn Enterprises (NASDAQ:IEP) has an annual dividend yield of 28.82%, which is 24 percentage points higher than the energy sector average of 4.77%. 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.

3. Sandridge Energy (NYSE:SD)


Sandridge Energy (NYSE:SD) has an annual dividend yield of 27.97%, which is 23 percentage points higher than the energy sector average of 4.77%.

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 up?

Energy stocks were up 0.79% in the last day, and down -2.87% over the last week. Summit Midstream Partners was the among the top gainers in the energy sector, gaining 20.81% yesterday.

Summit Midstream Partners shares are trading higher after the company reported a year-over-year increase in Q1 financial results.

What are the most undervalued energy stocks?

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

1. Chesapeake Energy (NASDAQ:CHK)


Chesapeake Energy (NASDAQ:CHK) is the most undervalued energy stock based on WallStreetZen's Valuation Score. Chesapeake 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.

Chesapeake Energy's stock has gained 12.51% in the past year. It has underperformed other stocks in the energy sector by -13 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 100, which is 63 points higher than the energy sector average of 37. It passed 7 out of 7 valuation due diligence checks.

Chord Energy's stock has gained 29.91% in the past year. It has overperformed other stocks in the energy sector by 5 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 100, which is 63 points higher than the energy sector average of 37. It passed 7 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 60.36% in the past year. It has overperformed other stocks in the energy sector by 35 percentage points.

Are energy stocks a good buy now?

50.32% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 18.63% 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 13.17x.
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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.