Energy stocks with the highest free cash flow yield

Ranked

88

of 167 energy stocks we cover

Median

7.3%

Highest

36.6%

CRGY

Range

0.1% to 36.6%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	CRGYCrescent Energy, Oil & Gas Exploration & Production	36.6%	n/m	+24.3%	$4.6B
2	MNRMach Natural Resources, Oil & Gas Exploration & Production	35.4%	20.9×	+34.4%	$1.8B
3	MTDRMatador Resources, Oil & Gas Exploration & Production	35.0%	10.3×	−3.6%	$7.4B
4	INRInfinity Natural Resources, Oil & Gas Exploration & Production	32.3%	n/m	+75.4%	$909.5M
5	HPKHighPeak Energy, Oil & Gas Drilling	26.5%	n/m	−10.2%	$1.5B
6	MURMurphy Oil, Oil & Gas Exploration & Production	23.8%	22.0×	+8.2%	$6.4B
7	HOSHornbeck Offshore Services, Oil & Gas Equipment & Services	22.5%	26.3×	+6.2%	$1B
8	REPXRiley Exploration Permian, Oil & Gas Exploration & Production	21.4%	9.8×	+23.2%	$1.1B
9	HESMHess Midstream, Oil & Gas Exploration & Production	21.3%	10.6×	+2.8%	$3.9B
10	GRNTGranite Ridge Resources, Oil & Gas Exploration & Production	20.2%	n/m	+14.6%	$772.9M
11	GELGenesis Energy, Oil & Gas Midstream	19.7%	74.1×	+16.6%	$1.7B
12	PRPermian Resources, Oil & Gas Exploration & Production	18.6%	16.9×	+12.8%	$21.3B
13	VTSVitesse Energy, Oil & Gas Exploration & Production	17.7%	n/m	+8.5%	$768.4M
14	ARANTERO RESOURCES, Oil & Gas Exploration & Production	15.9%	11.5×	+25.8%	$12.3B
15	DKDelek US, Oil & Gas Integrated	15.0%	20.7×	+11.4%	$4.6B
16	EOGEOG Resources, Oil & Gas Exploration & Production	14.9%	12.7×	+19.1%	$85.5B
17	PNRGPrimeenergy Resources, Oil & Gas Exploration & Production	14.3%	20.8×	−19.4%	$341.4M
18	FANGDiamondback Energy, Oil & Gas Exploration & Production	12.7%	39.9×	+21.4%	$57.6B
19	PAAPlains All American Pipeline, Oil & Gas Midstream	12.6%	n/m	+12.2%	$18.8B
20	RIGTransocean, Oil & Gas Drilling	12.6%	n/m	+8.5%	$7.2B
21	EXEExpand Energy, Oil & Gas Exploration & Production	12.4%	8.1×	+59.3%	$21.6B
22	FLOCFlowco, Oil & Gas Equipment & Services	11.7%	n/m	+7.7%	$1.8B
23	OVVOvintiv, Oil & Gas Exploration & Production	11.4%	20.5×	+6.0%	$19.9B
24	EQTEQT, Oil & Gas Exploration & Production	10.8%	12.9×	+32.3%	$34.8B
25	DINOHF Sinclair, Oil & Gas Refining & Marketing	10.7%	11.6×	+16.3%	$21.6B
26	PARRPAR Pacific, Oil & Gas Exploration & Production	10.7%	4.5×	+13.2%	$3.9B
27	ARLPAlliance Resource Partners, Coal	10.6%	12.8×	−5.1%	$3.4B
28	OISOil States International, Oil & Gas Equipment & Services	10.4%	n/m	−2.8%	$518.8M
29	MPCMarathon Petroleum, Oil & Gas Refining & Marketing	10.0%	15.7×	+15.0%	$128.4B
30	CNXCNX Resources, Oil & Gas Exploration & Production	9.7%	5.8×	+61.9%	$5.4B
31	MGYMagnolia Oil & Gas, Oil & Gas Exploration & Production	8.8%	11.5×	+11.4%	$6.2B
32	CQPCheniere Energy Partners, Oil & Gas Midstream	8.7%	11.4×	+15.4%	$32B
33	GPORGulfport Energy, Oil & Gas Exploration & Production	8.5%	6.7×	+35.2%	$2.9B
34	WFRDWeatherford International, Oil & Gas Equipment & Services	8.4%	17.1×	−7.2%	$6.2B
35	DVNDevon Energy, Oil & Gas Exploration & Production	8.3%	12.2×	+14.6%	$56.5B
36	OXYOccidental Petroleum, Oil & Gas Exploration & Production	8.3%	9.9×	−13.0%	$64.1B
37	PBFPBF Energy, Oil & Gas Integrated	8.2%	6.7×	+13.5%	$9B
38	FSLRFirst Solar, Solar	8.1%	10.6×	+23.8%	$18.5B
39	HPHelmerich & Payne, Oil & Gas Drilling	8.1%	n/m	+16.6%	$3.9B
40	NOVNOV, Oil & Gas Equipment & Services	8.0%	76.0×	−1.7%	$7B
41	CRCCalifornia Resources, Oil & Gas Exploration & Production	7.9%	n/m	−22.5%	$4.8B
42	SDSandridge Energy, Oil & Gas Exploration & Production	7.8%	6.6×	+23.2%	$547.2M
43	ETEnergy Transfer, Oil & Gas Midstream	7.6%	n/m	+33.3%	$69B
44	OIIOceaneering International, Oil & Gas Equipment & Services	7.4%	11.9×	+3.0%	$3.9B
45	MXCMexco Energy, Oil & Gas Exploration & Production	7.3%	13.4×	−8.9%	$20.5M
46	SMCSummit Midstream, Oil & Gas Midstream	7.1%	n/m	+20.9%	$633.8M
47	RRCRange Resources, Oil & Gas Exploration & Production	6.8%	12.6×	+23.2%	$10.6B
48	RNGRRanger Energy Services, Oil & Gas Equipment & Services	6.8%	24.5×	+6.1%	$344.2M
49	WESWestern Midstream Partners, Oil & Gas Midstream	6.5%	14.2×	+18.0%	$18.6B
50	BSMBlack Stone Minerals, Oil & Gas Exploration & Production	6.5%	12.4×	+5.1%	$3.2B
51	SLBSlb, Oil & Gas Equipment & Services	6.1%	25.6×	+2.5%	$78.7B
52	CVICVR Energy, Oil & Gas Integrated	6.0%	84.3×	+17.9%	$5.8B
53	HALHalliburton, Oil & Gas Equipment & Services	5.9%	18.3×	+0.6%	$29.1B
54	CVXChevron, Oil & Gas Integrated	5.9%	22.4×	+11.2%	$460.8B
55	FTITechnipFMC, Oil & Gas Equipment & Services	5.7%	24.3×	+9.9%	$27.4B
56	AROCArchrock, Oil & Gas Midstream	5.7%	15.7×	+11.5%	$5.1B
57	CNRCore Natural Resources, Coal	5.7%	46.3×	+31.5%	$4.6B
58	PSXPhillips 66, Oil & Gas Refining & Marketing	5.7%	16.2×	+14.4%	$113B
59	BKRBaker Hughes, Oil & Gas Equipment & Services	5.6%	18.0×	+0.4%	$55.5B
60	MPLXMPLX Lp, Oil & Gas Midstream	5.6%	12.7×	n/m	$59.9B
61	COPConocoPhillips, Oil & Gas Exploration & Production	5.6%	19.9×	+9.6%	$181.2B
62	FETForum Energy Technologies, Oil & Gas Equipment & Services	5.4%	n/m	+3.9%	$980.3M
63	NGLNGL Energy Partners, Oil & Gas Midstream	5.3%	n/m	+5.8%	$1.9B
64	OKEONEOK, Oil & Gas Midstream	4.8%	16.5×	+40.8%	$60.4B
65	DNOWDNOW, Oil & Gas Equipment & Services	4.8%	n/m	+69.8%	$2.8B
66	LNGCheniere Energy, Oil & Gas Midstream	4.5%	22.2×	+17.5%	$61.7B
67	DKLDelek Logistics Partners, Oil & Gas Midstream	4.4%	n/m	+30.3%	$3B
68	EPDEnterprise Products Partners, Oil & Gas Midstream	4.3%	12.9×	+6.8%	$80.1B
69	KMIKinder Morgan, Oil & Gas Midstream	4.1%	22.1×	+12.5%	$76.7B
70	XOMExxon Mobil, Oil & Gas Integrated	4.1%	23.6×	+9.6%	$753.3B
71	PTENPatterson UTI Energy, Oil & Gas Drilling	3.9%	n/m	−6.9%	$4.6B
72	DTMDT Midstream, Oil & Gas Midstream	3.8%	27.1×	+18.1%	$12.6B
73	NENoble, Oil & Gas Drilling	3.7%	50.2×	−11.1%	$7.6B
74	AMPYAmplify Energy, Oil & Gas Exploration & Production	3.6%	9.6×	−23.7%	$190.3M
75	VVVValvoline, Oil & Gas Refining & Marketing	3.4%	40.0×	+16.1%	$4B
76	CLBCore Laboratories, Oil & Gas Equipment & Services	3.3%	19.1×	+0.3%	$454.7M
77	NBRNabors Industries, Oil & Gas Drilling	3.1%	6.0×	+6.1%	$1.3B
78	RESRPC, Oil & Gas Equipment & Services	2.8%	69.4×	+25.4%	$1.4B
79	KWRQuaker Chemical, Oil & Gas Refining & Marketing	2.8%	27.7×	+7.8%	$2.7B
80	LBLandBridge Co LLC, Oil & Gas Exploration & Production	2.5%	79.9×	+44.1%	$6.1B
81	TPLTexas Pacific Land, Oil & Gas Exploration & Production	2.3%	43.1×	+20.8%	$23.3B
82	KNTKKinetik, Oil & Gas Midstream	1.7%	18.7×	+14.1%	$9B
83	CLMTCalumet, Oil & Gas Integrated	1.7%	n/m	+12.8%	$4.3B
84	TRGPTarga Resources, Oil & Gas Midstream	1.1%	28.9×	−2.0%	$64.8B
85	RGCORGC Resources, Oil & Gas Midstream	0.8%	17.0×	+13.8%	$237.8M
86	HCCWarrior MET Coal, Coal	0.3%	20.6×	+37.5%	$4.5B
87	EPMEvolution Petroleum, Oil & Gas Exploration & Production	0.3%	n/m	+0.6%	$157.9M
88	KGSKodiak Gas Services, Oil & Gas Midstream	0.1%	52.8×	+8.2%	$4.5B

Not ranked: 33 with no positive free cash flow, 22 with not a meaningful number, 4 with a yield above 40% (usually a one-off). 17 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.