Energy stocks with the lowest forward PE

Share price divided by analysts' consensus earnings per share for the next twelve months. As of Oct 24, 2026.

Ranked: 29; of 167 energy stocks we cover
Median: 12.4×
Lowest: 5.6×; DINO
Range: 5.6× to 33.9×

median 12.4×

5.6×33.9×

#	Company	Fwd PE	PE	Forward EPS growth	Market cap
1	DINOHF Sinclair, Oil & Gas Refining & Marketing	5.6×	11.6×	+143.6%	$21.6B
2	MPCMarathon Petroleum, Oil & Gas Refining & Marketing	6.0×	15.7×	+196.9%	$128.4B
3	VLOValero Energy, Oil & Gas Refining & Marketing	6.7×	17.4×	+159.9%	$120.7B
4	PSXPhillips 66, Oil & Gas Refining & Marketing	7.3×	16.2×	+160.5%	$113B
5	FSLRFirst Solar, Solar	8.1×	10.6×	+31.0%	$18.5B
6	VGVenture Global, Oil & Gas Midstream	8.2×	11.0×	+33.8%	$35B
7	EOGEOG Resources, Oil & Gas Exploration & Production	9.4×	12.7×	+28.8%	$85.5B
8	DVNDevon Energy, Oil & Gas Exploration & Production	9.5×	12.2×	+20.5%	$56.5B
9	FANGDiamondback Energy, Oil & Gas Exploration & Production	9.8×	39.9×	+34.7%	$57.6B
10	OXYOccidental Petroleum, Oil & Gas Exploration & Production	11.9×	9.9×	+42.3%	$64.1B
11	EPDEnterprise Products Partners, Oil & Gas Midstream	12.2×	12.9×	+5.3%	$80.1B
12	CVXChevron, Oil & Gas Integrated	12.3×	22.4×	+75.2%	$460.8B
13	ETEnergy Transfer, Oil & Gas Midstream	12.3×	n/m	n/m	$69B
14	EXEExpand Energy, Oil & Gas Exploration & Production	12.3×	8.1×	−6.9%	$21.6B
15	XOMExxon Mobil, Oil & Gas Integrated	12.4×	23.6×	+78.0%	$753.3B
16	COPConocoPhillips, Oil & Gas Exploration & Production	12.7×	19.9×	+53.4%	$181.2B
17	MPLXMPLX Lp, Oil & Gas Midstream	12.9×	12.7×	−1.3%	$59.9B
18	HALHalliburton, Oil & Gas Equipment & Services	13.8×	18.3×	+6.9%	$29.1B
19	CQPCheniere Energy Partners, Oil & Gas Midstream	14.7×	11.4×	+10.5%	$32B
20	OKEONEOK, Oil & Gas Midstream	16.1×	16.5×	+2.6%	$60.4B
21	LNGCheniere Energy, Oil & Gas Midstream	16.6×	22.2×	+12.1%	$61.7B
22	EQTEQT, Oil & Gas Exploration & Production	17.8×	12.9×	−24.6%	$34.8B
23	SLBSlb, Oil & Gas Equipment & Services	19.0×	25.6×	+10.1%	$78.7B
24	FTITechnipFMC, Oil & Gas Equipment & Services	20.5×	24.3×	+13.7%	$27.4B
25	BKRBaker Hughes, Oil & Gas Equipment & Services	21.0×	18.0×	−1.0%	$55.5B
26	KMIKinder Morgan, Oil & Gas Midstream	23.3×	22.1×	−3.3%	$76.7B
27	TRGPTarga Resources, Oil & Gas Midstream	26.6×	28.9×	+8.5%	$64.8B
28	WMBWilliams Companies, Oil & Gas Midstream	29.5×	28.6×	+7.2%	$87.7B
29	TPLTexas Pacific Land, Oil & Gas Exploration & Production	33.9×	43.1×	+27.0%	$23.3B