Best Oil & Gas Midstream Stocks
Pipelines, storage, processing. Toll-road economics - fixed-fee contracts insulate cash flows from commodity volatility. Buffett's classic safe-energy play (BNSF, MidAmerican Energy).
Industry leader
Hess Midstream LP HESM
Buffett-Fit: 61/100
What drives this industry
Midstream operators charge per-barrel or per-mcf fees for pipeline + storage + processing services. Fee-based contracts (vs commodity-linked) are the quality screen - Enterprise Products, Kinder Morgan, Energy Transfer all aim for 90%+ fee-based revenue. ROIC + dividend coverage by FCF + payout discipline drive long-term shareholder returns.
Top 43 ranked by Buffett-Fit
Sorted by composite quality score - ROIC, margin stability, balance-sheet strength, growth quality. Click any ticker for the full Buffett verdict.
- 1
HESMHess Midstream LP8.4B mcap
61Q - 2
AMAntero Midstream Corporation10.5B mcap
61Q - 3
MPLXMPLX Lp57.3B mcap
60Q - 4
WESWestern Midstream Partners, LP18.1B mcap
59Q - 5
FLNGFLEX LNG Ltd.1.7B mcap
58Q - 6
PBAPembina Pipeline Corporation28.8B mcap
56Q - 7
DTMDT Midstream, Inc.15.4B mcap
56Q - 8
PBTPermian Basin Royalty Trust1.4B mcap
56Q - 9
CQPCheniere Energy Partners, L.P.30.7B mcap
55Q - 10
SOBOSouth Bow Corporation8.0B mcap
55Q - 11
TKTeekay Corporation1.2B mcap
53Q - 12
LPGDorian LPG Ltd.2.0B mcap
52Q - 13
WMBThe Williams Companies, Inc.96.0B mcap
52Q - 14
FROFrontline Ltd.8.3B mcap
51Q - 15
GLNGGolar LNG Limited5.3B mcap
51Q - 16
KMIKinder Morgan, Inc.75.2B mcap
50Q - 17
SUNCSunocoCorp LLC3.0B mcap
50Q - 18
OKEONEOK, Inc.59.2B mcap
47Q - 19
STNGScorpio Tankers Inc.4.2B mcap
46Q - 20
TCPATransCanada PipeLines Limited 624.2B mcap
46Q - 21
TRPTC Energy Corporation73.8B mcap
45Q - 22
VNOMViper Energy, Inc.16.8B mcap
44Q - 23
DHTDHT Holdings, Inc.2.8B mcap
43Q - 24
GLPGlobal Partners LP1.7B mcap
43Q - 25
TRMDTORM plc3.2B mcap
42Q - 26
PAAPlains All American Pipeline, L.P.17.0B mcap
42Q - 27
ETEnergy Transfer LP69.1B mcap
42Q - 28
TRGPTarga Resources Corp.59.4B mcap
42Q - 29
PAGPPlains GP Holdings, L.P.5.1B mcap
42Q - 30
LNGCheniere Energy, Inc.50.5B mcap
42Q - 31
TNKTeekay Tankers Ltd.2.7B mcap
40Q - 32
DKLDelek Logistics Partners, LP2.7B mcap
39Q - 33
GELGenesis Energy, L.P.2.0B mcap
38Q - 34
NVGSNavigator Holdings Ltd.1.5B mcap
37Q - 35
INSWInternational Seaways, Inc.4.1B mcap
37Q - 36
ENBEnbridge Inc.126.7B mcap
37Q - 37
EPDEnterprise Products Partners L.P.85.7B mcap
35Q - 38
KNTKKinetik Holdings Inc.3.7B mcap
34Q - 39
NGLNGL Energy Partners LP2.2B mcap
34Q - 40
TENTsakos Energy Navigation Limited1.3B mcap
30Q - 41
VGVenture Global, Inc.33.8B mcap
26Q - 42
SEAL-PBSeapeak LLC2.6B mcap
-Q - 43
TEN-PETsakos Energy Navigation Limited779M mcap
-Q
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Key terms in this analysis
Educational framework analysis only. Not investment advice, not a recommendation, not personalized to your situation. Always do your own research.