According to Zen Score, the 3 best energy stocks to buy right now are:
1. Teekay Tankers (NYSE:TNK)
Teekay Tankers (NYSE:TNK) is the top energy stock with a Zen Score of 62, which is 29 points higher than the energy sector average of 33. It passed 23 out of 38 due diligence checks and has strong fundamentals. Teekay Tankers has seen its stock return 74.27% over the past year, overperforming other energy stocks by 48 percentage points.
Teekay Tankers has an average 1 year
price target of $76.00, an upside of 6.34% from Teekay Tankers's current stock price of $71.47.
Teekay Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Teekay Tankers, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% 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 60, which is 27 points higher than the energy sector average of 33. It passed 23 out of 38 due diligence checks and has strong fundamentals. Chord Energy has seen its stock return 28.8% over the past year, overperforming other energy stocks by 3 percentage points.
Chord Energy has an average 1 year
price target of $216.00, an upside of 18.51% from Chord Energy's current stock price of $182.27.
Chord Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Chord Energy, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Frontline (NYSE:FRO)
Frontline (NYSE:FRO) is the third best energy stock with a Zen Score of 59, which is 26 points higher than the energy sector average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. Frontline has seen its stock return 82.94% over the past year, overperforming other energy stocks by 57 percentage points.
Frontline has an average 1 year
price target of $26.10, a downside of -3.8% from Frontline's current stock price of $27.13.
Frontline stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Frontline, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.