In this article, we discuss the 10 Overlooked Energy Stocks to Buy Now.
On August 14, 2025, oil prices slid to their lowest levels in over two months, amid bearish supply forecasts from both the U.S. government and the International Energy Agency (IEA). Brent crude and U.S. West Texas Intermediate both hit their lowest points since early June, reaching $65.63 a barrel and $62.65, respectively. Increasing U.S. crude inventories, softer exports, and sluggish demand forecasts further weigh down on the short-term bullish outlook for oil.
Meanwhile, broader markets hit record highs in recent times, driven by strong earnings and resilient profit margins. However, investors are keeping a close eye on geopolitical developments. Amid the ongoing Ukraine conflict, investors’ full attention sits on the high-stakes meeting in Alaska between U.S. President Donald Trump and Russian President Vladimir Putin.
Under cautious oil sentiment, mixed supply-demand indicators, and market optimism pose a compelling opportunity for investors to shift their focus to some high-quality, fundamentally strong companies, which are flying under the radar.
So, with this backdrop in mind, let’s shed light on our list of the 10 Overlooked Energy Stocks to Buy Now.
Our Methodology
To curate our list of the 10 Overlooked Energy Stocks to Buy Now, we used the Finviz screener to extract a list of energy companies trading with a price-to-earnings multiple under 15x. Next, we assessed the hedge fund sentiment surrounding these stocks using Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds. Our list of the 10 Overlooked Energy Stocks to Buy Now is ranked in ascending order based on the number of hedge funds holding stakes in each stock as of Q1 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Enerflex Ltd. (NYSE:EFXT)
Forward Price-to-Earnings: 6.8
Number of Hedge Fund Holders: 15
With a forward-price-to-earnings multiple under 15x and significant hedge fund interest, Enerflex Ltd. (NYSE:EFXT) secures a spot on our list of the 10 Overlooked Energy Stocks to Buy Now.
BMO Capital raised its price target on Enerflex Ltd. (NYSE:EFXT) from $10.85 to $11.58 on August 8, maintaining an ‘Outperform’ rating. This price revision came a day after the company reported its second-quarter results. In Q2, Enerflex grew its revenue from $552 million in the previous quarter to $615 million, driven by strong Energy Infrastructure and After-Market Services performance, alongside reduced SG&A expenses. As a result, the company posted a new quarterly high adjusted EBITDA of $130 million.
Meanwhile, higher margins, lower financing costs, and a $15 million unrealized gain on note redemption options helped Enerflex Ltd. (NYSE:EFXT) increase its net earnings from $5 million a year earlier to a whopping $60 million, or $0.49 per share.
Looking ahead, the company’s $1.2 billion Engineered Systems backlog, along with stable 94% contract compression utilization and expanded Permian operations, boosts investor confidence. Enerflex Ltd. (NYSE:EFXT) also maintained its $120 million 2025 Capex plan. At the same time, the company continued share buybacks while declaring a quarterly dividend of $0.027 per share.
Enerflex Ltd. (NYSE:EFXT) delivers integrated energy infrastructure and natural gas compression solutions globally. It is included in our list of the Overlooked Stocks.
9. Amplify Energy Corp. (NYSE:AMPY)
Forward Price-to-Earnings: 8.76
Number of Hedge Fund Holders: 15
Amplify Energy Corp. (NYSE:AMPY) is included in our list of the 10 Overlooked Energy Stocks to Buy Now.
On August 6, 2025, Amplify Energy Corp. (NYSE:AMPY) reported its second-quarter results. During the quarter, the company advanced its strategic focus toward a more oil-weighted portfolio, closing the $23 million sale of its non-operated Eagle Ford assets in July. Meanwhile, exploration of bids for its East Texas and Oklahoma holdings is underway.
Thanks to the strong performance of the C54 Beta well, Amplify Energy Corp. (NYSE:AMPY) recorded a 7% quarterly increase in its production, which averaged around 19.1 MBoepd. The C54 Beta well, which is expected to reach payout in eight months, recorded 850 Bopd in production during the quarter.
Furthermore, Amplify Energy Corp. (NYSE:AMPY) recorded $19 million in adjusted EBITDA, resulting in an operating cash flow of $23.8 million. At the same time, the company has two more high-return Beta wells scheduled for drilling by the end of 2025. During the quarter, Amplify Energy also reduced its debt to $130 million, bolstering its financial health.
Operating across Oklahoma, the Rockies, offshore Southern California, and East Texas/North Louisiana, Amplify Energy Corp. (NYSE:AMPY) acquires, develops, and produces oil and gas properties. It is included in our list of the Overlooked Stocks.
8. Clean Energy Fuels Corp. (NASDAQ:CLNE)
Forward Price-to-Earnings: 14.51
Number of Hedge Fund Holders: 21
With a forward-price-to-earnings multiple under 15x and significant hedge fund interest, Clean Energy Fuels Corp. (NASDAQ:CLNE) secures a spot on our list of the 10 Overlooked Energy Stocks to Buy Now.
On August 15, 2025, Jefferies downgraded Clean Energy Fuels Corp. (NASDAQ:CLNE) from ‘Buy’ to ‘Hold’, revising its price target to $2.20. The analyst update follows the company’s stronger-than-expected Q2 results. Clean Energy posted EBITDA that beat estimates by 58%, recording $17.5 million. The company’s EBITDA beat Jefferies’ own forecast by 68%, thanks to its higher volumes. At the end of the quarter, the company also raised its full-year EBITDA guidance from $50-$55 million to $60-$65 million, driven by improved operational results.
Despite the strong quarter, Jefferies attributed its stance to the company’s cautious outlook on the X15N engine ramp-up, which is a critical growth driver. The investment firm believes the company will remain range-bound in the short term, as Clean Energy Fuels Corp. (NASDAQ:CLNE) slowly ramps up its renewable natural gas production.
Clean Energy Fuels Corp. (NASDAQ:CLNE) serves vehicle fleets and related fueling stations in the U.S. and Canada with its natural gas fuels. It is included in our list of the Overlooked Stocks.
7. National Energy Services Reunited Corp. (NASDAQ:NESR)
Forward Price-to-Earnings: 6.67
Number of Hedge Fund Holders: 22
National Energy Services Reunited Corp. (NASDAQ:NESR) is included in our list of the 10 Overlooked Energy Stocks to Buy Now.
On August 13, 2025, National Energy Services Reunited Corp. (NASDAQ:NESR) reportedly secured multiple production services contracts in Algeria and Libya, valued at over $100 million. These deals, which span three to five years, consist of services related to coiled tubing, nitrogen pumping, cementing, and hydraulic fracturing. With these wins, the company looks well-positioned to leverage its innovative technology, strengthening its leadership in its largest product lines.
National Energy Services Reunited Corp. (NASDAQ:NESR) emphasized its commitment to local operations and national crews, especially given steady activity growth in North Africa’s oil and gas sectors.
National Energy Services Reunited Corp. (NASDAQ:NESR) provides oilfield services in the Middle East and North Africa region. It is included in our list of the Overlooked Stocks.
6. Kosmos Energy Ltd. (NYSE:KOS)
Forward Price-to-Earnings: 8.94
Number of Hedge Fund Holders: 24
With a forward-price-to-earnings multiple under 15x and significant hedge fund interest, Kosmos Energy Ltd. (NYSE:KOS) secures a spot on our list of the 10 Overlooked Energy Stocks to Buy Now.
Kosmos Energy Ltd. (NYSE:KOS) reported its Q2 2025 earnings, where it recorded a net loss of $88 million, or $0.18 per share, and an adjusted net loss of $93 million, or $0.19 per share. Meanwhile, the production averaged around 63,500 boepd, yielding $393 million in revenue. While the company recorded a net loss, it secured key wins during the quarter, including achieving commercial operations date on the Gimi FLNG vessel at the Greater Tortue Ahmeyim (GTA) LNG project and delivering 3.5 LNG cargoes in the quarter. The company ended the quarter with $45 million in free cash flow and reduced capital spending guidance from $400 million to roughly $350 million.
Following the earnings release, Bank of America reiterated its ‘Buy’ rating on Kosmos Energy Ltd. (NYSE:KOS) with a $4.20 price target on August 5, citing strong growth potential. Meanwhile, Bernstein maintained its ‘Hold’ rating with a $2.00 target.
With its operations based in West Africa and the Gulf of America, Kosmos Energy Ltd. (NYSE:KOS) is focused on deep-water oil and gas exploration and production. It is included in our list of the Overlooked Stocks.
5. Oil States International, Inc. (NYSE:OIS)
Forward Price-to-Earnings: 10.64
Number of Hedge Fund Holders: 24
Oil States International, Inc. (NYSE:OIS) is included in our list of the 10 Overlooked Energy Stocks to Buy Now.
On July 31, 2025, Oil States International, Inc. (NYSE:OIS) reported strong second-quarter 2025 results, driven by offshore strength and recognized innovation. Meanwhile, the company reported $3 million, or $0.05 per share, in net income; on the other hand, adjusted net income reached $5 million, or $0.09 per share. The company’s earnings were driven by a 15% surge in the Offshore Manufactured Products segment, taking the total revenue to $165 million, a 3% sequential increase. At the same time, the company’s backlog reached a decade-high $363 million. OIS recorded a 13% increase in its adjusted EBITDA, taking it to $21 million, helping the company end the quarter with $8.1 million in free cash flow.
During the quarter, Oil States International, Inc. (NYSE:OIS) advanced U.S. land-focused restructuring, reducing exposure from 36% to 28% of total revenue year-over-year. Simultaneously, the company invested in a new Batam, Indonesia facility.
Following the earnings release, Raymond James and Stifel both reiterated their ‘Buy’ ratings on Oil States International, Inc. (NYSE:OIS), with Stifel setting a $9 price target.
Oil States International, Inc. (NYSE:OIS) offers engineered capital equipment and consumable products, serving energy, industrial, and military sectors globally. It is included in our list of the Overlooked Stocks.
4. ProPetro Holding Corp. (NYSE:PUMP)
Forward Price-to-Earnings: 3.1
Number of Hedge Fund Holders: 28
With a forward-price-to-earnings multiple under 15x and significant hedge fund interest, ProPetro Holding Corp. (NYSE:PUMP) secures a spot on our list of the 10 Overlooked Energy Stocks to Buy Now.
On August 14, 2025, Piper Sandler reduced its price target on ProPetro Holding Corp. (NYSE:PUMP) from $7 to $6, maintaining a ‘Neutral’ rating, citing sector-wide challenges. This price revision reflects industry checks across drilling, completion, production, and power segments in North America, international markets, and offshore operations.
The analyst also pointed that the oilfield services ETF (OIH) has shown a flat trajectory over the past month, despite mixed developments taking place, reflecting the industry’s push and pull. Meanwhile, the investment firm also highlighted ongoing headwinds, such as U.S. land market deflation, sticky production trends, sluggish international momentum, and uncertainty within the offshore landscape. Thus, the analyst forecasts a challenging phase for ProPetro Holding Corp. (NYSE:PUMP), which will have to navigate current oil price shocks and sustain performance in a volatile microenvironment at the same time.
Operating across Texas and New Mexico, ProPetro Holding Corp. (NYSE:PUMP) offers hydraulic fracturing and other oilfield completion services. It is included in our list of the Overlooked Stocks.
3. Transocean Ltd. (NYSE:RIG)
Forward Price-to-Earnings: 14.83
Number of Hedge Fund Holders: 32
Transocean Ltd. (NYSE:RIG) is included in our list of the 10 Overlooked Energy Stocks to Buy Now.
On August 4, 2025, Transocean Ltd. (NYSE:RIG) reported its Q2 2025 results. The company reported $988 million in revenue, which beat the $969.61 million consensus. Top-line growth was driven by improved rig utilization, high operational reliability, and reduced operating costs. Accordingly, adjusted net income reached $19 million, while EBITDA margin and free cash flow reached 35% and $104 million, respectively. Furthermore, the company remains on track to cut its debt by over $700 million by the end of 2025. This bolsters the company’s financial health, especially after recording a GAAP net loss of $938 million during the quarter, driven by over $1 billion in impairment charges.
Following the earnings release, Barclays raised its price target on Transocean Ltd. (NYSE:RIG) from $3.50 to $4.00, maintaining an ‘Overweight’ rating. The investment firm cited higher day rate forecasts and growing confidence in an offshore drilling recovery in 2026-2027.
Transocean Ltd. (NYSE:RIG) delivers offshore contract drilling solutions to oil and gas wells globally. It is included in our list of the Overlooked Stocks.
2. New Fortress Energy Inc. (NASDAQ:NFE)
Forward Price-to-Earnings: 1.99
Number of Hedge Fund Holders: 32
With a forward-price-to-earnings multiple under 15x and significant hedge fund interest, New Fortress Energy Inc. (NASDAQ:NFE) secures a spot on our list of the 10 Overlooked Energy Stocks to Buy Now.
On August 8, 2025, Fortress Energy Inc. (NASDAQ:NFE) implemented the Ninth Amendment to its Letter of Credit and Reimbursement Agreement. With this move, the company shifted the facility from uncommitted to committed status, extending the maturity to November 14, 2025, adding an asset sale sweep prepayment clause, adjusting fees and pricing, and reducing commitment from roughly $195,000 to $155,000 by October 5, 2025. This move highlights NFE’s tightened and more structured credit approach.
Meanwhile, Johnson Rice downgraded Fortress Energy Inc. (NASDAQ:NFE) from ‘Buy’ to ‘Hold’, reducing its price target from $7 to $4.
Operating through its Terminals and Infrastructure, and Ships segments, Fortress Energy Inc. (NASDAQ:NFE) provides energy infrastructure and logistics services. It is included in our list of the Overlooked Stocks.
1. Crescent Energy Company (NYSE:CRGY)
Forward Price-to-Earnings: 6.98
Number of Hedge Fund Holders: 34
Crescent Energy Company (NYSE:CRGY) is included in our list of the 10 Overlooked Energy Stocks to Buy Now.
On July 21, 2025, Siebert Williams Shank & Co reiterated its ‘Buy’ rating on Crescent Energy Company (NYSE:CRGY). The analyst attributed its bullish stance to a blend of operational discipline and market undervaluation. This follows the company’s Q2 2025 earnings results, which surpassed expectations across key performance metrics. CRGY reported efficiency gains, reducing its 2025 Capex guidance by 2.6% while maintaining its production targets.
Crescent Energy Company (NYSE:CRGY) trades at an EV/EBITDA discount to its peers. At the same time, the company delivered a top-quartile free cash flow yield, which makes it a compelling pick within the energy sector. While a dip in oil production in the second half of 2025 is expected, CRGY’s vast inventory size and an improved tax outlook have boosted investor confidence.
Operating across the U.S., Crescent Energy Company (NYSE:CRGY) explores for and produces crude oil, natural gas, and natural gas liquids. It is included in our list of the Overlooked Stocks.
READ NEXT: 12 Cheap Value Stocks to Buy Now According to Seth Klarman and 13 Hot Oil Stocks to Buy Now.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.
Hedge Fund Resource Center