In this article, we are going to discuss the 15 best American energy stocks to buy according to Wall Street analysts.
Despite the recent pullback, the Brent crude oil price has soared by over 56% since the beginning of 2026. Such high prices are bound to provide a boost to the cash flows of oil companies, especially those that are far away from the war and do not depend on the waterway of Hormuz, like those operating in the United States.
According to the market research firm Rystad Energy, US producers would generate $99 billion in free cash flow in 2026 if oil prices averaged $70 a barrel, the approximate level before the outbreak of the US-Iran conflict last month. However, achieving those pre-war levels is getting unlikely, even if the two parties manage to find a middle ground in the scheduled peace talks in Islamabad.
Following the two-week ceasefire announced between Iran and the US, Goldman Sachs lowered its Q2 2026 forecasts for Brent and US crude to $90 and $87 a barrel, respectively. While this is below the bank’s previous forecasts of $99 and $91 a barrel, it is still well above the levels seen before the war. As a result, American oil operators are expected to report a positive windfall in the upcoming Q1 reports, with several Big Oil names already hovering around their all-time high levels.
That said, there are still several stocks that are backed by Wall Street to shoot up. Here is our list of the Best American Energy Stocks to Buy According to Analysts.
Our Methodology
To collect data for this article, we referred to several stock screeners to find American energy stocks with the highest upside potential according to Wall Street analysts, as of April 10, 2026. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. The following are the Best American Energy Stocks to Buy According to Analysts.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
15. Gulfport Energy Corporation (NYSE:GPOR)
Upside Potential as of April 10: 19.36%
Gulfport Energy Corporation (NYSE:GPOR) is an independent natural gas-weighted exploration and production company with assets primarily located in the Appalachia and Anadarko basins.
On April 1, Roth Capital upped its price target on Gulfport Energy Corporation (NYSE:GPOR) from $200 to $215, but kept its ‘Neutral’ rating on the shares. The bumped target reflects an upside potential of almost 6% from the current share price.
John Reinhart departed as the CEO and President of Gulfport Energy Corporation (NYSE:GPOR) last month following over three years of service. While a shakeup in the top leadership could be a tough period for many companies, Roth Capital believes that this is not the case with Gulfport. The analyst firm noted that it remains confident in the energy company’s remaining team and ‘its ability to maintain its operational path’ following the recent meetings at its conference last month.
Gulfport Energy Corporation (NYSE:GPOR) was also recently included in our list of the 8 Most Undervalued Oil Stocks to Buy According to Analysts.
14. Viper Energy, Inc. (NASDAQ:VNOM)
Upside Potential as of April 10: 19.68%
Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests, primarily in the Permian Basin.
On April 2, KeyBanc analyst Tim Rezvan increased the firm’s price target on Viper Energy, Inc. (NASDAQ:VNOM) from $56 to $65, while maintaining an ‘Overweight’ rating on the shares.
The revised target, which indicates an upside of 31% from the current levels, comes as the analyst firm updated its oil price deck following the end of the first quarter. With the ongoing conflict in the Middle East and its impact on energy markets, a lot has changed since KeyBanc’s last update in mid-January.
The firm expects the current imbalances in the global crude and refined products markets to continue into the summer. Moreover, it considers the recent week-to-date decline in oil and equities to be a temporary dip and a buying opportunity for investors.
Similarly, Morgan Stanley also raised its price target on Viper Energy, Inc. (NASDAQ:VNOM) earlier on March 27 (read the details here).
Hedge Fund Resource Center