Oil & Gas Midstream industry stocks

The Oil & Gas Midstream industry has 57 US-listed companies on stockrow and is part of the Energy sector, with a combined market value of $844.7B. Williams Companies, Inc. (The) (WMB) is the largest at $80.3B, followed by Enterprise Products Partners L.P. and Kinder Morgan, Inc.. The median Oil & Gas Midstream stock trades at 11.7× trailing earnings, below the market median of 17.9×, with a median net margin of 20.1% (market: 1.06%). Median revenue growth over the last twelve months is 14.9%. 43 of the 57 pay a dividend; the median yield among payers is 5.55%.

Oil & Gas Midstream medians

Metric Industry Market
P/E 11.7× 17.9×
P/S 2.4× 1.9×
P/B 1.7× 1.7×
Price to free cash flow 8.5× 14.1×
EV/EBITDA 9.0× 10.9×
EV/Sales 3.4× 2.1×
Earnings yield 7.78% 1.55%
Free cash flow yield 7.11% 0.93%
Gross margin 54.9% 45.1%
Operating margin 34.7% 0.00%
Net margin 20.1% 1.06%
Free cash flow margin 14.4% 0.00%
Return on equity 11.7% 0.51%
Return on assets 4.43% 0.00%
Return on invested capital 6.10% 0.00%
Revenue growth (TTM) 14.9% 7.58%
EPS growth (last fiscal year) −7.78% 14.0%
Revenue growth, 5-year CAGR 10.1% 8.99%
Net income growth, 5-year CAGR 0.00% 0.00%
Debt to equity 0.8× 0.1×
Current ratio 1.2× 1.6×
Net debt to EBITDA 3.5× 0.6×
Dividend yield 4.94% 2.20%
Payout ratio 0.7× 0.3×
Market cap $3.6B $676.4M

Today’s biggest moves

Up

35.23 0.94 +2.74%
57.59 0.91 +1.61%
56.63 0.38 +0.68%
28.56 0.07 +0.25%
62.72 0.11 +0.18%

Down

34.61 3.03 −8.05%
44.85 3.63 −7.49%
26.81 2.11 −7.30%
31.75 2.30 −6.75%
83.10 5.78 −6.50%

All 57 companies

Open in screener
Ticker Company Market cap Price 1D P/E Net margin Revenue growth Dividend yield
WMB Williams Companies, Inc. (The) 80.33b 64.57 (4.85%) 24.74 24.98% 8.78% 3.21%
EPD Enterprise Products Partners L.P. 79.08b 36.74 0.08% 12.17 0.00% 21.49% 6.04%
KMI Kinder Morgan, Inc. 67.25b 30.32 (3.81%) 18.72 19.64% 11.74% 3.91%
ET Energy Transfer LP 66.08b 19.21 (1.28%) 12.64 4.20% 56.13% 8.78%
TRP TC Energy Corporation 65.20b 62.72 0.18% 26.02 22.19% 24.04% 3.99%
TRGP Targa Resources, Inc. 58.29b 273.15 (4.16%) 24.11 0.00% 4.67% 1.74%
MPLX MPLX LP 57.29b 56.63 0.68% 13.21 32.91% 3.11% 9.74%
LNG Cheniere Energy, Inc. 57.09b 280.20 (4.05%) 19.44 13.03% 22.47% 0.79%
OKE ONEOK, Inc. 54.38b 86.62 (2.23%) 13.32 9.42% 36.82% 4.94%
VG Venture Global, Inc. 28.80b 11.65 (2.92%) 8.57 19.65% 100.72% —
PBA Pembina Pipeline Corp. 27.70b 47.81 (1.89%) 23.32 20.12% 2.50% 4.38%
CQP Cheniere Energy Partners, L.P. 27.70b 57.59 1.61% 9.25 23.91% 13.18% 4.04%
PAGP Plains Group Holdings, L.P. 20.11b 26.42 (1.89%) 9.44 1.06% 13.08% 6.32%
PAA Plains All American Pipeline, L.P. 17.31b 24.57 (2.54%) 6.81 4.87% 13.08% 6.80%
WES Western Midstream Partners, LP 16.47b 39.99 (5.99%) 12.86 0.00% 22.29% 9.25%
VNOM Viper Energy Inc. 14.36b 39.93 (2.75%) 18.10 12.08% 92.09% 6.14%
DTM DT Midstream, Inc. 11.52b 113.28 (3.66%) 24.38 35.36% 13.36% 3.05%
FRO Frontline PLC 9.95b 44.85 (7.49%) 6.72 49.37% 63.48% 12.00%
AM Antero Midstream Corporation 9.05b 19.20 (3.32%) 13.45 53.41% 7.34% 4.69%
KNTK Kinetik Holdings Inc. 7.98b 49.33 (3.60%) 16.33 0.00% 15.79% 6.57%
SOBO South Bow Corporation 6.59b 31.75 (6.75%) 14.37 22.99% (2.10%) 6.30%
HESM Hess Midstream Partners LP 6.25b 30.40 (4.40%) 10.48 23.49% (0.60%) 10.30%
INSW International Seaways Inc. 4.83b 95.13 (4.26%) 4.47 68.20% 100.49% 5.43%
CMBT CMB.TECH nv 4.78b 16.58 (2.81%) 3.43 51.13% 133.89% 5.55%
GLNG Golar LNG Limited 4.35b 42.78 (4.68%) 27.08 35.65% 59.70% 2.34%
STNG Scorpio Tankers Inc. 4.12b 81.54 (4.13%) 3.94 77.07% 39.48% 2.17%
EE Excelerate Energy, Inc. 4.01b 35.23 2.74% 23.49 3.47% 16.22% 0.94%
TRMD TORM PLC 3.52b 34.61 (8.05%) 5.59 35.48% 33.16% 12.77%
DHT DHT Holdings, Inc. 3.30b 20.63 (6.44%) 7.02 65.52% 38.93% 11.88%
BWLP BW LPG Limited 3.28b 21.69 (4.15%) 7.38 12.64% (0.78%) 11.80%
SUNC SunocoCorp LLC 3.25b 63.04 (5.07%) 10.27 0.48% — 4.64%
TNK Teekay Tankers Ltd. 2.84b 83.10 (6.50%) 4.88 51.35% 15.60% 1.20%
LPG Dorian LPG Ltd. 1.97b 46.56 (5.81%) 4.13 70.38% 87.06% 2.90%
NGL NGL Energy Partners LP 1.84b 14.82 (4.51%) — (9.96%) 5.76% —
GEL Genesis Energy, L.P. 1.53b 12.56 (5.28%) 66.11 1.34% 16.63% 6.05%
GLP Global Partners LP 1.42b 42.00 (3.38%) 8.52 0.78% 20.35% 7.29%
FLNG Flex LNG Ltd. 1.38b 26.04 (3.02%) 13.71 28.50% 1.30% 11.52%
NAT Nordic American Tankers Limited 1.38b 6.60 (5.98%) 11.19 31.86% 28.69% 11.97%
PBT Permian Basin Royalty Trust 1.33b 28.56 0.25% 81.60 91.96% (3.71%) 1.08%
TEN Tsakos Energy Navigation Ltd 1.30b 44.40 (5.13%) 4.50 30.77% 23.23% —
NVGS Navigator Holdings Ltd. 1.19b 19.61 (3.78%) 6.55 30.06% 6.62% 1.43%
TK Teekay Corporation Ltd. 1.09b 12.63 (6.03%) 8.65 10.96% (16.70%) 0.00%
SBR Sabine Royalty Trust 960.20m 66.52 (1.63%) 13.58 94.71% (2.95%) 6.77%
WHK WhiteHawk Minerals Corp. 730.66m 24.23 (0.57%) — (81.94%) — —
SMC Summit Midstream Partners, LP 544.05m 26.81 (7.30%) — (2.29%) 20.94% —
KNOP KNOT Offshore Partners LP 292.66m 8.49 (2.86%) 21.21 3.46% 12.85% 2.96%
IMPP Imperial Petroleum Inc. 197.08m 4.32 (6.49%) 2.14 36.75% 89.03% —
TORO Toro Corp. 135.13m 3.94 (2.72%) — (2.31%) 21.12% 0.00%
DLNG Dynagas LNG Partners LP 110.60m 3.04 (3.18%) 1.83 34.46% 0.00% 6.58%
MMLP Martin Midstream Partners L.P. 77.08m 1.99 1.02% — (1.35%) 13.17% 1.26%
NFE New Fortress Energy LLC 62.84m 3.86 (5.39%) — (147.03%) (37.31%) 0.00%
PXS Pyxis Tankers Inc. 57.24m 5.58 (6.53%) 6.89 20.00% (5.01%) —
MARPS Marine Petroleum Trust 8.52m 4.26 (4.05%) 12.53 66.92% (5.57%) 8.04%
TMDE TMD Energy Limited 6.66m 0.49 (2.00%) — — — —
BANL CBL International Limited 6.09m 2.90 (0.34%) — — — 0.00%
TOPS TOP Ships Inc. 2.09m 0.27 (10.00%) — (1.48%) 25.46% —
RBNE Robin Energy Ltd. 190.00k 0.14 0.00% 0.01 35.85% — —

Updated 5 November 2026