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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
VVV
VALVOLINE INC
United States
$5.52B129,649,16796.08%0.75%Net SellingNet Buying
CRC
CALIFORNIA RESOURCES CORP
United States
$3.57B69,274,41898.23%1.77%Net SellingNet Selling
DLNG
DYNAGAS LNG PARTNERS LP
Monaco
$142.79M36,802,2477.52%0.00%
MARPS
MARINE PETROLEUM TRUST
United States
$8.41M2,000,0001.76%0.00%
CPG
CRESCENT POINT ENERGY CORP
Canada
$5.40B619,929,49044.40%0.00%
AESI
ATLAS ENERGY SOLUTIONS INC
United States
$2.19B100,025,58434.57%37.63%Net SellingNet Selling
SLCA
US SILICA HOLDINGS INC
United States
$1.21B78,133,20222.22%77.78%Net SellingNet Selling
SBOW
SILVERBOW RESOURCES INC
United States
$781.22M25,538,48791.45%5.47%Net SellingNet Selling
CLB
CORE LABORATORIES INC
Netherlands
$736.33M46,899,86381.39%18.61%Net SellingNet Selling
SLNG
STABILIS SOLUTIONS INC
United States
$77.13M18,585,0141.61%98.39%Net Buying
EC
ECOPETROL SA
Colombia
$23.72B41,116,694,6900.08%0.00%
BP
BP PLC
United Kingdom
$108.65B16,823,721,4851.92%0.00%
ET
ENERGY TRANSFER LP
United States
$53.14B3,367,757,55633.82%51.62%Net BuyingNet Buying
PBA
PEMBINA PIPELINE CORP
Canada
$19.44B549,396,69455.92%0.00%
SHEL
SHELL PLC
Netherlands
$233.86B6,486,295,9845.07%0.00%
PNRG
PRIMEENERGY RESOURCES CORP
United States
$185.83M1,790,2454.18%95.82%Net SellingNet Selling
SD
SANDRIDGE ENERGY INC
United States
$504.57M37,100,83261.73%1.77%Net SellingNet Selling
ENB
ENBRIDGE INC
Canada
$77.41B2,125,586,35649.98%0.15%
FTK
FLOTEK INDUSTRIES INC
United States
$103.23M29,662,75918.45%61.52%Net BuyingNet Selling
OKE
ONEOK INC
United States
$44.91B583,646,90968.94%0.94%Net SellingNet Selling
PSX
PHILLIPS 66
United States
$60.99B423,952,13577.52%11.26%Net BuyingNet Buying
REI
RING ENERGY INC
United States
$370.14M197,934,20235.56%64.44%Net SellingNet Selling
WTI
W&T OFFSHORE INC
United States
$334.83M146,857,27732.46%67.54%Net Selling
EPM
EVOLUTION PETROLEUM CORP
United States
$185.01M33,456,33024.88%75.12%Net SellingNet Selling
CIVI
CIVITAS RESOURCES INC
United States
$7.06B100,091,38952.16%47.84%Net SellingNet Selling
KLXE
KLX ENERGY SERVICES HOLDINGS INC
United States
$109.87M16,722,31842.69%34.44%Net SellingNet Selling
OII
OCEANEERING INTERNATIONAL INC
United States
$2.28B101,389,22993.00%3.66%Net SellingNet Selling
OSG
OVERSEAS SHIPHOLDING GROUP INC
United States
$452.68M70,952,3608.88%91.12%Net SellingNet Selling
OVV
OVINTIV INC
United States
$13.76B269,515,12481.02%0.82%Net SellingNet Selling
PED
PEDEVCO CORP
United States
$87.57M89,355,2671.20%98.80%Net Selling
BRY
BERRY CORP (BRY)
United States
$618.59M76,938,99447.61%52.39%Net SellingNet Selling
AROC
ARCHROCK INC
United States
$3.13B156,286,45758.23%41.77%Net SellingNet Selling
USAC
USA COMPRESSION PARTNERS LP
United States
$2.53B103,001,91120.15%79.85%Net SellingNet Selling
CNX
CNX RESOURCES CORP
United States
$3.56B153,245,44872.84%27.16%Net BuyingNet Buying
HPK
HIGHPEAK ENERGY INC
United States
$1.82B128,420,92311.90%88.10%Net Buying
FTI
TECHNIPFMC PLC
United Kingdom
$11.18B430,973,99597.91%1.93%Net SellingNet Selling
DWSN
DAWSON GEOPHYSICAL CO
United States
$45.91M30,812,3296.90%93.10%Net Buying
DEC
DIVERSIFIED ENERGY CO PLC
United States
$633.07M47,923,72622.35%0.00%
ENLC
ENLINK MIDSTREAM LLC
United States
$5.81B451,304,16130.50%69.50%Net SellingNet Selling
IMO
IMPERIAL OIL LTD
Canada
$36.47B535,836,80324.34%0.00%
KRP
KIMBELL ROYALTY PARTNERS LP
United States
$1.53B95,493,77125.46%17.33%Net SellingNet Selling
GPOR
GULFPORT ENERGY CORP
United States
$2.73B18,121,73077.94%22.06%Net SellingNet Selling
PAGP
PLAINS GP HOLDINGS LP
United States
$3.56B197,121,31847.37%52.63%Net Buying
CAPL
CROSSAMERICA PARTNERS LP
United States
$860.70M37,983,15414.20%85.80%Net BuyingNet Selling
CRK
COMSTOCK RESOURCES INC
United States
$2.88B292,202,27430.77%69.23%Net BuyingNet Buying
SUN
SUNOCO LP
United States
$5.58B100,838,88914.03%85.97%Net SellingNet Buying
ERF
ENERPLUS CORP
Canada
$3.99B204,624,00058.03%0.00%
DRQ
DRIL-QUIP INC
United States
$638.15M34,420,41977.95%22.05%Net SellingNet Selling
SND
SMART SAND INC
United States
$92.47M43,008,96013.12%86.88%Net SellingNet Selling
RCON
RECON TECHNOLOGY LTD
China
$4.76M2,646,012100.00%0.00%
OXY
OCCIDENTAL PETROLEUM CORP
United States
$56.87B879,499,43979.07%10.09%Net BuyingNet Buying
BTE
BAYTEX ENERGY CORP
Canada
$2.93B821,680,61933.74%0.00%
AE
ADAMS RESOURCES & ENERGY INC
United States
$74.18M2,566,64928.23%71.77%Net SellingNet Selling
MNR
MACH NATURAL RESOURCES LP
United States
$1.96B95,000,0006.00%94.00%Net Selling
TALO
TALOS ENERGY INC
United States
$2.09B158,632,59741.48%58.52%Net BuyingNet Buying
HESM
HESS MIDSTREAM LP
United States
$7.68B226,309,08822.21%77.79%Net SellingNet Selling
DTM
DT MIDSTREAM INC
United States
$6.08B97,109,10081.25%0.22%Net SellingNet Selling
TTI
TETRA TECHNOLOGIES INC
United States
$497.02M131,138,79569.73%9.86%Net SellingNet Selling
KMI
KINDER MORGAN INC
United States
$40.97B2,219,384,48462.50%16.34%Net SellingNet Selling
CLMT
CALUMET SPECIALTY PRODUCTS PARTNERS LP
United States
$1.28B80,223,09318.46%81.54%Net Buying
CKX
CKX LANDS INC
United States
$27.43M1,991,33715.96%69.23%Net SellingNet Selling
TGS
GAS TRANSPORTER OF THE SOUTH INC
Argentina
$2.79B752,761,0580.66%0.00%
RRC
RANGE RESOURCES CORP
United States
$8.49B242,626,94293.33%6.67%Net SellingNet Buying
AR
ANTERO RESOURCES CORP
United States
$10.15B310,807,00012.71%87.29%Net SellingNet Selling
NS
NUSTAR ENERGY LP
United States
$2.78B126,535,34962.91%26.78%Net Selling
NR
NEWPARK RESOURCES INC
United States
$598.12M85,201,65280.86%12.01%Net Selling
INDO
INDONESIA ENERGY CORP LTD
Indonesia
$39.38M10,202,6940.50%0.00%
RIG
TRANSOCEAN LTD
Switzerland
$4.40B819,579,66553.76%46.24%Net BuyingNet Buying
DKL
DELEK LOGISTICS PARTNERS LP
United States
$1.75B43,616,8119.19%90.81%Net SellingNet Buying
BANL
CBL INTERNATIONAL LTD
Hong Kong
$25.00M25,000,0000.07%0.00%
GRNT
GRANITE RIDGE RESOURCES INC
United States
$832.27M130,449,07531.56%46.15%Net SellingNet Buying
TDW
TIDEWATER INC
United States
$4.95B52,762,22383.31%16.69%Net BuyingNet Buying
KGS
KODIAK GAS SERVICES INC
United States
$2.09B77,434,57724.51%75.49%Net BuyingNet Buying
CLNE
CLEAN ENERGY FUELS CORP
United States
$520.15M223,238,49636.63%63.37%Net Selling
EFXT
ENERFLEX LTD
Canada (Federal Level)
$730.11M123,956,86546.47%0.00%
ETRN
EQUITRANS MIDSTREAM CORP
United States
$5.83B433,661,00087.55%6.79%Net BuyingNet Buying
AM
ANTERO MIDSTREAM CORP
United States
$6.72B481,241,00047.81%52.19%Net SellingNet Selling
VTNR
VERTEX ENERGY INC
United States
$121.57M93,514,34641.72%22.32%Net BuyingNet Selling
GEL
GENESIS ENERGY LP
United States
$1.50B122,464,31863.63%36.37%Net SellingNet Selling
FET
FORUM ENERGY TECHNOLOGIES INC
United States
$238.18M12,283,6702.47%97.53%Net SellingNet Selling
SOWG
SOW GOOD INC
United States
N/A9,618,9520.00%100.00%Net BuyingNet Buying
BRN
BARNWELL INDUSTRIES INC
United States
$28.19M10,028,09012.17%87.83%Net BuyingNet Buying
XPRO
EXPRO GROUP HOLDINGS NV
Netherlands
$2.13B110,537,4365.45%94.55%Net SellingNet Selling
HUSA
HOUSTON AMERICAN ENERGY CORP
United States
$16.47M10,906,35312.18%80.91%Net Buying
SDRL
SEADRILL LTD
Bermuda
$3.60B73,705,34381.63%0.00%
OIS
OIL STATES INTERNATIONAL INC
United States
$275.48M64,215,20482.06%17.94%Net SellingNet Selling
VTOL
BRISTOW GROUP INC
United States
$764.56M28,317,00062.92%37.08%Net SellingNet Selling
HLX
HELIX ENERGY SOLUTIONS GROUP INC
United States
$1.65B152,453,00091.30%8.70%Net SellingNet Selling
DO
DIAMOND OFFSHORE DRILLING INC
United States
$1.28B102,467,10790.79%0.89%Net SellingNet Selling
WDS
WOODSIDE ENERGY GROUP LTD
Australia
$33.63B1,898,749,7711.66%0.00%
DK
DELEK US HOLDINGS INC
United States
$1.71B64,019,26733.65%66.35%Net BuyingNet Buying
YPF
YPF SOCIEDAD ANONIMA
Argentina
$8.79B393,312,79310.15%29.80%
UGP
ULTRAPAR HOLDINGS INC
Brazil
$5.62B1,089,501,6673.66%0.00%
BATL
BATTALION OIL CORP
United States
$83.11M16,456,56386.03%0.67%
BORR
BORR DRILLING LTD
Bermuda
$1.33B252,582,03639.25%0.00%
MMLP
MARTIN MIDSTREAM PARTNERS LP
United States
$112.32M39,001,08621.46%78.54%Net BuyingNet Buying
VET
VERMILION ENERGY INC
Canada
$1.91B162,271,07131.71%0.00%
TELL
TELLURIAN INC
United States
$354.56M836,226,72931.35%31.06%Net Buying
CRGY
CRESCENT ENERGY CO
United States
$1.89B179,656,92432.21%27.21%Net SellingNet Selling
TXO
TXO PARTNERS LP
United States
$561.50M30,750,0005.95%94.05%Net SellingNet Selling

Energy Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
10+0.49%-3.44%-10.45%+9.74%7.64x0.94x+7.18%+5.00%+7.81%+39.79%Buy
83+0.47%-4.14%-2.80%+21.87%15.67x2.08x+20.19%+10.23%+15.59%+18.77%Buy
50+2.03%-2.26%-5.32%+29.08%16.87x2.60x+20.57%+8.13%+14.69%+24.05%Strong Buy
16+0.96%-2.14%+0.51%+15.25%11.48x1.63x+16.75%+7.68%+16.02%+18.18%Buy
49+1.79%-0.60%-0.53%+25.04%14.16x2.37x+27.14%+8.14%+12.17%+12.46%Buy
21+1.14%-5.74%-11.04%+24.89%9.57x2.14x+29.71%+9.11%+17.11%+16.67%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 28.38% over the past year, overperforming other energy stocks by 6 percentage points.

Chord Energy has an average 1 year price target of $208.17, an upside of 18.76% from Chord Energy's current stock price of $175.29.

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 42.81% over the past year, overperforming other energy stocks by 20 percentage points.

International Seaways has an average 1 year price target of $65.00, an upside of 16.61% from International Seaways's current stock price of $55.74.

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 0.47% over the past year, underperforming other energy stocks by -22 percentage points.

Patterson Uti Energy has an average 1 year price target of $15.75, an upside of 48.73% from Patterson Uti Energy's current stock price of $10.59.

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 119 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 4.81%.

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 28.84%, which is 24 percentage points higher than the energy sector average of 4.81%. 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 28.01%, which is 23 percentage points higher than the energy sector average of 4.81%.

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 1.05% in the last day, and down -3.22% over the last week. Viking Holdings was the among the top gainers in the energy sector, gaining 3.41% yesterday.

Viking Holdings shares are trading higher on post-IPO volatility.

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 8.34% in the past year. It has underperformed other stocks in the energy sector by -14 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 28.38% in the past year. It has overperformed other stocks in the energy sector by 6 percentage points.

3. Patterson Uti Energy (NASDAQ:PTEN)


Patterson Uti Energy (NASDAQ:PTEN) is the third most undervalued energy stock based on WallStreetZen's Valuation Score. Patterson Uti Energy has a valuation score of 86, which is 49 points higher than the energy sector average of 37. It passed 6 out of 7 valuation due diligence checks.

Patterson Uti Energy's stock has gained 0.47% in the past year. It has underperformed other stocks in the energy sector by -22 percentage points.

Are energy stocks a good buy now?

49.69% of energy stocks rated by analysts are a strong buy right now. On average, analysts expect energy stocks to rise by 18.85% 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 13.07x.
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.