Top Oil and Gas Stocks for Q4 2021

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CRC, NOG, and VTNR are apical for value, growth, and momentum, respectively

Updated September 15, 2021

The oil & gas manufacture comprises upstream companies that research and nutrient energy, midstream pipeline companies that transport and store energy, and downstream companies that refine lipid and state into finished products. Additionally, determination are companies that supply oilfield drilling instrumentality and services. Some besides manufacture and support instrumentality utilized successful production. The industry's biggest companies are Netherlands-based Royal Dutch Shell PLC (RDS.A), U.K.-based BP PLC (BP), and Exxon Mobil Corp. (XOM).

Oil request and prices collapsed successful the outpouring of 2020 arsenic COVID-19 prompted governments to unopen down commerce and necessitate millions of radical to enactment astatine home. However, crude lipid prices person recovered aft governments person gradually permitted businesses to reopen, and caller vaccines person opened the doorway to an economical recovery.

The lipid & state manufacture is champion represented by the Energy Select Sector SPDR ETF (XLE). While the vigor assemblage consists of non-oil & -gas companies, its ascendant components are from the lipid & state industry. Therefore, the vigor sector's show is simply a bully benchmark for the lipid & state assemblage arsenic a whole. The XLE ETF posted a full instrumentality of 54.2% implicit the past year, outperforming the Russell 1000's 37.1% full return. These marketplace show figures and each statistic successful the tables beneath are arsenic of Sept. 10, 2021.

Here are the apical 3 lipid and state stocks with the champion value, the fastest growth, and the astir momentum.

Best Value Oil and Gas Stocks

These are the lipid and state stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits tin beryllium returned to shareholders successful the signifier of dividends and buybacks, a debased P/E ratio shows you’re paying little for each dollar of nett generated.

Best Value Oil and Gas Stocks
  Price ($) Market Cap ($B) 12-Month Trailing P/E Ratio
California Resources Corp. (CRC) 39.33 3.2 0.9
Baytex Energy Corp. (BTE.TO) CA$2.36 CA$1.3 1.1
Surgutneftegas PJSC (SGTPY) 5.20 18.6 1.2

Source: YCharts

  • California Resources Corp.: California Resources is an autarkic lipid and earthy state exploration & accumulation (E&P) institution with operations located successful California.
  • Baytex Energy Corp.: Baytex Energy is simply a Canada-based lipid and state company. It is focused connected the acquisition, development, and accumulation of crude lipid and earthy state successful some Canada and the U.S.
  • Surgutneftegas PJSC: Surgutneftegas is simply a Russia-based lipid and state institution engaged successful exploration, drilling and production, lipid refining, and state processing. Its E&P operations are located successful 3 of Russia's lipid and state provinces.

Fastest Growing Oil and Gas Stocks

These are the apical lipid and state stocks arsenic ranked by a growth model that scores companies based connected a 50/50 weighting of their astir caller quarterly YOY percentage revenue growth and their astir caller quarterly YOY earnings-per-share (EPS) growth. Both income and net are captious factors successful the occurrence of a company. Therefore, ranking companies by lone 1 maturation metric makes a ranking susceptible to the accounting anomalies of that 4th (such arsenic changes successful taxation instrumentality oregon restructuring costs) that whitethorn marque 1 oregon the different fig unrepresentative of the concern successful general. Companies with quarterly EPS oregon gross maturation of implicit 2,500% were excluded arsenic outliers.

Fastest Growing Oil and Gas Stocks
  Price ($) Market Cap ($B) EPS Growth (%) Revenue Growth (%)
Northern Oil & Gas Inc. (NOG) 17.27 1.1 N/A (see institution description) 992.2
Spartan Delta Corp. (SDE.TO) CA$4.45 CA$0.7 -85.2 716.5
Continental Resources Inc. (CLR) 38.59 14.2 N/A (see institution description) 603.1

Source: YCharts

  • Northern Oil & Gas Inc.: Northern Oil & Gas is an autarkic vigor institution engaged successful the acquisition, exploration, development, and accumulation of lipid and earthy state properties. Its operations are located successful antithetic regions passim the U.S. The institution announced successful aboriginal August that it was expanding its quarterly communal banal dividend by 50% compared to the anterior quarter. The dividend volition beryllium payable connected Oct. 29, 2021 to shareholders of grounds arsenic of the adjacent of concern connected Sept. 30, 2021. Northern Oil & Gas reported antagonistic EPS successful the astir caller quarter, which is wherefore an EPS maturation complaint could not beryllium calculated for the supra table.
  • Spartan Delta Corp.: Spartan Delta is simply a Canada-based lipid and state institution engaged successful the exploration, development, and accumulation of petroleum and earthy state properties successful occidental Canada. The institution announced astatine the extremity of August that it has completed its antecedently announced acquisition of Velvet Energy Ltd., a privately held light-oil producer, for CA$751.5 cardinal ($593.7 million).
  • Continental Resources Inc.: Continental Resources is simply a crude lipid and earthy state company. It is focused connected the exploration and accumulation of lipid and earthy state properties successful assorted regions passim the U.S. The institution announced successful precocious July that it would wage a $0.15 quarterly dividend connected Aug. 20, 2021, representing a 36.4% summation from the dividend paid successful Q2 2021. Continental Resources reported antagonistic EPS successful the year-ago 4th compared to affirmative EPS successful the astir caller quarter, which is wherefore an EPS maturation complaint could not beryllium calculated for the supra table.

Oil and Gas Stocks with the Most Momentum

These are the lipid and state stocks that had the highest full instrumentality implicit the past 12 months. Companies with full returns implicit 2,500% were excluded arsenic outliers.

Oil and Gas Stocks with the Most Momentum
  Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
Vertex Energy Inc. (VTNR) 6.76 0.4 1,230
SM Energy Co. (SM) 19.83 2.4 997.1
Centennial Resource Development Inc. (CDEV) 5.24 1.5 915.7
Russell 1000 Index N/A N/A 37.1
Energy Select Sector SPDR ETF (XLE) N/A N/A 54.2

Source: YCharts

  • Vertex Energy Inc.: Vertex Energy is simply a specialty refiner of alternate feedstocks and marketer of high-purity petroleum products. The institution supplies basal oils to the lubricant manufacturing manufacture successful North America. Vertex Energy announced successful precocious June that it has agreed to merchantability its portfolio of utilized centrifugal lipid postulation and recycling assets to Safety-Kleen Systems Inc., a subsidiary of Clean Harbors Inc. (CLH), for $140 million. The transaction is expected to adjacent during the 3rd 4th of 2021.
  • SM Energy Co.: SM Energy is an autarkic vigor institution engaged successful the exploration, development, and accumulation of crude lipid and earthy gas. Its operations are located successful assorted regions passim the U.S.
  • Centennial Resource Development Inc.: Centennial Resource Development is an autarkic lipid and earthy state company. It is focused connected processing lipid and earthy state reserves successful the Permian Basin.

The comments, opinions and analyses expressed herein are for informational purposes lone and should not beryllium considered idiosyncratic concern proposal oregon recommendations to put successful immoderate information oregon to follow immoderate concern strategy. While we judge the accusation provided herein is reliable, we bash not warrant its accuracy oregon completeness. The views and strategies described connected our contented whitethorn not beryllium suitable for each investors. Because marketplace and economical conditions are taxable to accelerated change, each comments, opinions, and analyses contained wrong our contented are rendered arsenic of the day of the posting and whitethorn alteration without notice. The worldly is not intended arsenic a implicit investigation of each worldly information regarding immoderate country, region, market, industry, investment, oregon strategy.

Article Sources

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  1. YCharts. "Financial Data." Accessed Sept. 13, 2021.

  2. Northern Oil and Gas Inc. "Northern Oil and Gas, Inc. Declares Cash Dividend connected its Common Stock, Increased 50% Over Prior Quarter." Accessed Sept. 14, 2021.

  3. Northern Oil & Gas Inc. "Northern Oil and Gas, Inc. Announces Second Quarter 2021 Results and Updates Guidance." Accessed Sept. 14, 2021.

  4. XE.com Inc. "1 CAD to USD - Convert Canadian Dollars to US Dollars." Accessed Sept. 14, 2021.

  5. Spartan Delta Corp. "SPARTAN DELTA CORP. ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED ACQUISITION AND FINANCING, THREE-YEAR PLAN, AND INAUGURAL ESG REPORT," Page 1. Accessed Sept. 14, 2021.

  6. Continental Resources Inc. "Continental Resources Declares and Increases Quarterly Dividend." Accessed Sept. 14, 2021.

  7. Continental Resources Inc. "Continental Resources Delivers Outstanding 2Q21 Results Driving Robust Cash Flow & Exceptional Shareholder Value." Accessed Sept. 14, 2021.

  8. Vertex Energy Inc. "Vertex Energy Announces Agreement To Divest Used Motor Oil Collection and Recycling Assets for $140 Million." Accessed Sept. 14, 2021.

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