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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CHRD
CHORD ENERGY CORP
$7.65B0.74%38.10%$1.3600$1.3613%3
PTEN
PATTERSON UTI ENERGY INC
$4.60B2.84%36.40%$0.0800$0.3252%2
INSW
INTERNATIONAL SEAWAYS INC
$2.67B10.28%55.40%$1.3200$5.6194%4
EURN
EURONAV NV
$3.19B12.92%49.90%$0.5700$2.1296%7
PARR
PAR PACIFIC HOLDINGS INC
$1.93BN/A0.00%N/AN/AN/AN/A
PUMP
PROPETRO HOLDING CORP
$940.14MN/A0.00%N/AN/AN/AN/A
VAL
VALARIS LTD
$4.91BN/A0.00%N/AN/AN/AN/A
TNK
TEEKAY TANKERS LTD
$1.98B3.44%13.30%$0.2500$2.0060%4
TRMD
TORM PLC
$2.93B16.99%90.50%$1.3600$5.7898%2
SDPI
SUPERIOR DRILLING PRODUCTS INC
$37.53MN/A0.00%N/AN/AN/AN/A
VLO
VALERO ENERGY CORP
$54.65B2.47%20.30%$1.0700$4.1347%0
IMPP
IMPERIAL PETROLEUM INC/MARSHALL ISLANDS
$103.15MN/A0.00%N/AN/AN/AN/A
GPRK
GEOPARK LTD
$528.38M5.57%27.30%$0.1360$0.5382%2
SM
SM ENERGY CO
$5.84B1.31%9.10%$0.1800$0.6625%12024-05-03
SBOW
SILVERBOW RESOURCES INC
$799.76MN/A0.00%N/AN/AN/AN/A
MGY
MAGNOLIA OIL & GAS CORP
$5.37B1.81%23.30%$0.1300$0.4836%1
PFIE
PROFIRE ENERGY INC
$84.77MN/A0.00%N/AN/AN/AN/A
SWN
SOUTHWESTERN ENERGY CO
$8.43BN/A0.00%N/AN/AN/AN/A
RNGR
RANGER ENERGY SERVICES INC
$232.29M1.46%10.30%$0.0500$0.1529%0
LPG
DORIAN LPG LTD
$1.68B9.69%52.80%$1.0000$4.0093%12024-05-072024-05-30
GPOR
GULFPORT ENERGY CORP
$2.93BN/A0.00%N/AN/AN/AN/A
RES
RPC INC
$1.58B2.17%22.90%$0.0400$0.1643%5
NVGS
NAVIGATOR HOLDINGS LTD
$1.11B0.99%9.00%$0.0500$0.1518%0
OKE
ONEOK INC
$47.46B4.74%70.20%$0.9900$3.8676%02024-04-302024-05-15
BSM
BLACK STONE MINERALS LP
$3.62B11.81%99.50%$0.4750$1.9095%22024-05-092024-05-17
NFG
NATIONAL FUEL GAS CO
$5.06B3.61%40.90%$0.4950$1.9863%0
FANG
DIAMONDBACK ENERGY INC
$36.96B3.92%46.10%$3.0800$8.1267%2
DTI
DRILLING TOOLS INTERNATIONAL CORP
$157.77MN/A0.00%N/AN/AN/AN/A
MPC
MARATHON PETROLEUM CORP
$72.09B1.58%13.30%$0.8250$3.1531%02024-05-152024-06-10
EPD
ENTERPRISE PRODUCTS PARTNERS LP
$62.73B6.93%79.60%$0.5150$2.0187%02024-04-292024-05-14
CQP
CHENIERE ENERGY PARTNERS LP
$23.44B6.38%44.50%$1.0300$3.0985%0
PBF
PBF ENERGY INC
$6.87B1.57%5.00%$0.2500$0.9031%1
PR
PERMIAN RESOURCES CORP
$13.38B2.71%27.20%$0.1500$0.4751%0
CVI
CVR ENERGY INC
$3.36B13.48%58.80%$0.5000$4.5097%6
E
ENI SPA
$55.35B6.11%65.40%$0.5186$2.0084%52024-05-202024-06-07
HES
HESS CORP
$49.59B1.08%38.70%$0.4375$1.7520%0
DMLP
DORCHESTER MINERALS LP
$1.37B10.17%123.50%$1.0079$3.5293%102024-04-262024-05-09
TPL
TEXAS PACIFIC LAND CORP
$13.62B0.55%24.60%$1.0833$3.259%3
TNP
TSAKOS ENERGY NAVIGATION LTD
$747.97M3.94%11.10%$0.3000$1.0067%4
WFRD
WEATHERFORD INTERNATIONAL PLC
$9.05BN/A0.00%N/AN/AN/AN/A
SU
SUNCOR ENERGY INC
$50.88B4.35%36.80%$0.5450$1.7172%2
DVN
DEVON ENERGY CORP
$33.41B4.60%49.00%$0.4400$2.4275%7
MXC
MEXCO ENERGY CORP
$26.55M0.79%10.80%$0.1000$0.1014%0
HAL
HALLIBURTON CO
$34.28B1.68%22.40%$0.1700$0.6533%1
STNG
SCORPIO TANKERS INC
$3.81B1.74%12.00%$0.4000$1.2535%1
BKR
BAKER HUGHES CO
$33.23B2.40%44.00%$0.2100$0.8046%02024-05-032024-05-16
WKC
WORLD KINECT CORP
$1.48B2.39%65.10%$0.1700$0.5946%0
DHT
DHT HOLDINGS INC
$1.85B8.62%100.00%$0.2200$0.9991%9
PXD
PIONEER NATURAL RESOURCES CO
$64.28B3.98%66.80%$2.5600$10.9468%6
DNOW
DNOW INC
$1.56BN/A0.00%N/AN/AN/AN/A
MRC
MRC GLOBAL INC
$976.40MN/A0.00%N/AN/AN/AN/A
VTLE
VITAL ENERGY INC
$2.00BN/A0.00%N/AN/AN/AN/A
FLNG
FLEX LNG LTD
$1.40B11.97%139.50%$0.7500$3.1395%3
LNG
CHENIERE ENERGY INC
$37.40B1.04%4.00%$0.4350$1.6619%0
WHD
CACTUS INC
$4.11B0.91%17.90%$0.1200$0.4716%0
GEOS
GEOSPACE TECHNOLOGIES CORP
$166.73MN/A0.00%N/AN/AN/AN/A
EQT
EQT CORP
$17.84B1.52%41.30%$0.1575$0.6230%02024-05-072024-06-01
NOG
NORTHERN OIL & GAS INC
$4.34B3.60%14.80%$0.4000$1.5562%02024-04-30
LBRT
LIBERTY ENERGY INC
$3.83B1.04%8.50%$0.0700$0.2419%02024-06-062024-06-20
COP
CONOCOPHILLIPS
$153.06B2.75%46.00%$0.7800$3.5851%8
CHX
CHAMPIONX CORP
$6.65B1.00%18.60%$0.0950$0.3518%02024-04-26
TRP
TC ENERGY CORP
$37.44B8.47%136.50%$0.9600$3.0690%12024-04-30
WES
WESTERN MIDSTREAM PARTNERS LP
$13.65B7.16%98.40%$0.5750$2.5788%22024-04-302024-05-15
PHX
PHX MINERALS INC
$129.54M3.03%19.20%$0.0300$0.1154%1
GLP
GLOBAL PARTNERS LP
$1.61B5.74%72.00%$0.7000$2.7283%32024-05-082024-05-15
MRO
MARATHON OIL CORP
$16.01B1.51%16.40%$0.1100$0.4230%22024-05-142024-06-10
MUR
MURPHY OIL CORP
$7.09B2.42%26.40%$0.3000$1.1347%22024-05-172024-06-03
CNQ
CANADIAN NATURAL RESOURCES LTD
$82.94B4.04%56.40%$1.0500$3.1369%2
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$363.87M5.44%57.70%$0.1200$0.4681%0
EOG
EOG RESOURCES INC
$78.51B3.67%45.00%$0.9100$4.9764%82024-04-30
REPX
RILEY EXPLORATION PERMIAN INC
$548.96M5.28%24.70%$0.3600$1.4280%02024-05-09
MPLX
MPLX LP
$42.33B7.76%85.50%$0.8500$3.2589%12024-05-022024-05-13
CVX
CHEVRON CORP
$306.97B3.73%54.00%$1.6300$6.1664%0
TK
TEEKAY CORP
$668.90MN/A0.00%$0.0550N/AN/A1
CVE
CENOVUS ENERGY INC
$39.83B2.12%24.40%$0.1400$0.4542%4
MTDR
MATADOR RESOURCES CO
$7.84B1.07%9.90%$0.2000$0.7019%02024-05-162024-06-07
XOM
EXXON MOBIL CORP
$481.42B3.07%41.80%$0.9500$3.7255%0
SLCA
US SILICA HOLDINGS INC
$1.02BN/A0.00%$0.0200N/AN/A2
EGY
VAALCO ENERGY INC
$664.05M3.89%55.70%$0.0625$0.2566%0
WMB
WILLIAMS COMPANIES INC
$48.00B4.61%68.60%$0.4750$1.8275%1
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$606.36M1.47%18.30%$0.1000$0.3229%2
AMPY
AMPLIFY ENERGY CORP
$287.74MN/A0.00%$0.1000N/AN/A1
VNOM
VIPER ENERGY INC
$6.99B3.19%65.10%$0.5700$1.2657%8
BOOM
DMC GLOBAL INC
$331.42MN/A0.00%$0.1250N/AN/A1
CTRA
COTERRA ENERGY INC
$21.38B2.85%54.70%$0.2100$0.8152%3
EQNR
EQUINOR ASA
$82.01B4.31%38.20%$0.6000$1.2072%52024-05-152024-05-28
KNTK
KINETIK HOLDINGS INC
$5.93B7.65%57.10%$0.7500$3.0089%02024-04-262024-05-09
CIVI
CIVITAS RESOURCES INC
$7.45B9.36%83.60%$1.4500$6.9092%1
SLB
SCHLUMBERGER LIMITED
$70.67B2.07%33.60%$0.2750$1.0341%12024-06-052024-07-11
PDS
PRECISION DRILLING CORP
$986.07MN/A0.00%$1.0702N/AN/A0
VIST
VISTA ENERGY SAB DE CV
$4.15BN/A0.00%N/AN/AN/AN/A
DINO
HF SINCLAIR CORP
$11.45B3.21%21.70%$0.5000$1.8557%3
BRY
BERRY CORP (BRY)
$661.81M1.61%155.10%$0.1400$0.1432%4
CLB
CORE LABORATORIES INC
$800.58M0.23%4.90%$0.0100$0.043%22024-05-032024-05-28
PSX
PHILLIPS 66
$67.27B2.67%27.00%$1.0500$4.2050%02024-05-172024-06-03
TRGP
TARGA RESOURCES CORP
$26.26B1.70%54.20%$0.5000$2.0034%12024-04-292024-05-15
CRK
COMSTOCK RESOURCES INC
$2.87B3.64%65.80%$0.1250$0.3863%1
RRC
RANGE RESOURCES CORP
$9.13B0.85%15.90%$0.0800$0.3215%1
NE
NOBLE CORP PLC
$6.49B0.66%8.60%$0.3000$0.3011%0
ET
ENERGY TRANSFER LP
$53.68B7.81%113.20%$0.3150$1.2589%12024-05-102024-05-20

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.
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.