15 Best American Energy Stocks to Buy According to Wall Street Analysts

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).

13. First Solar, Inc. (NASDAQ:FSLR)

Upside Potential as of April 10: 24.10%

First Solar, Inc. (NASDAQ:FSLR) is a leading American solar technology company and global provider of responsibly produced, eco-efficient solar modules.

On April 7, Jefferies analyst Julien Dumoulin-Smith reduced the firm’s price target on First Solar, Inc. (NASDAQ:FSLR) from $205 to $187, while keeping a ‘Hold’ rating on the shares.

Jefferies highlighted growing concerns regarding the rising logistics costs impacting the solar energy industry, driven by the ongoing conflict in the Middle East. The analyst firm expects these issues to weigh on near-term margins, leading it to trim its outlook on First Solar, Inc. (NASDAQ:FSLR).

First Solar, Inc. (NASDAQ:FSLR) is targeting net sales in the range of $4.9 billion and $5.2 billion for FY 2026. It needs mentioning that the company’s revenue surged by 24% YoY to $5.2 billion in FY 2025, so the guidance of flat to a decline in revenue for the current year didn’t sit well with both analysts and investors. As a result, the stock has plunged by over 16% since reporting its Q4 2025 earnings on February 24. However, Wall Street continues to believe in the potential of the solar technology company, leading to its high upside of over 24% from the current levels.

12. Crescent Energy Company (NYSE:CRGY)

Upside Potential as of April 10: 25.59%

Next on our list of the Best American Energy Stocks to Buy is Crescent Energy Company (NYSE:CRGY). The company engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States, with activities focused in the Eagle Ford, Permian, and Uinta Basins.

On April 2, KeyBanc increased its price target on Crescent Energy Company (NYSE:CRGY) from $15 to $19, while keeping an ‘Overweight’ rating on the shares. The raised target reflects an upside of over 50% from the current price levels.

The update comes after the firm revised its oil price deck following the end of the quarter. Given the current situation in the Middle East and its heavy impact on the global energy market, much has changed since KeyBanc’s last update in mid-January. The analyst firm expects the current imbalances in crude and refined products markets to persist into the summer. Therefore, it believes that the recent oil and equities selloff is temporary and presents a buying opportunity for investors.

Crescent Energy Company (NYSE:CRGY) completed its $3.1 billion acquisition of Vital Energy in December 2025. The company believes that its upgraded portfolio, enhanced capital efficiency, and commodity flexibility have now positioned it ‘to generate some of the strongest development returns it has seen in recent years despite the current commodity price volatility’.

11. Northern Oil and Gas, Inc. (NYSE:NOG) 

Upside Potential as of April 10: 29.92%

Northern Oil and Gas, Inc. (NYSE:NOG) is the largest, publicly traded, non-operated, upstream energy asset owner in the United States. The company engages in the acquisition, exploration, development, and production of oil and natural gas properties, primarily in the Williston, Uinta, Permian, and Appalachian basins.

On April 6, BofA analyst Noah Hungness bumped the firm’s price target on Northern Oil and Gas, Inc. (NYSE:NOG) from $32 to $34, while maintaining a ‘Buy’ rating on the shares. The raised target, which indicates an upside of over 25% from the current levels, comes as the analyst firm revised its strip oil and gas prices, given the current situation in the Middle East.

Northern Oil and Gas, Inc. (NYSE:NOG) reported better-than-expected results for its Q4 2025 in February, beating forecasts in both earnings and revenue. The company also managed to grow its total average daily production by 9% last year, when compared to 2024. For FY 2026, NOG has signaled a shift from leasing to drill-ready projects amid the evolving market conditions.

Northern Oil and Gas, Inc. (NYSE:NOG) currently boasts an impressive annual dividend yield of 6.64%, putting it among the 13 Oil Stocks with Highest Dividends.

10. Antero Resources Corporation (NYSE:AR)

Upside Potential as of April 10: 31.96%

An independent natural gas and liquids company operating in the Appalachian Basin, Antero Resources Corporation (NYSE:AR) is one of the largest American suppliers of natural gas and LPG to the global export market.

On April 7, Jefferies analyst Lloyd Byrne bumped the firm’s price target on Antero Resources Corporation (NYSE:AR) from $50 to $54, while maintaining a ‘Buy’ rating on the shares. The revised target indicates an upside potential of over 41% from the current levels.

The update comes as Jefferies expects Antero Resources Corporation (NYSE:AR) to generate a robust free cash flow of $434 million in the first quarter of 2026, driven by strong realizations.

It needs mentioning that Antero Resources Corporation (NYSE:AR) closed the acquisition of the upstream assets of HG Energy in February, solidifying its position as the premier natural gas and NGL producer in West Virginia. The strategic move added 385,000 net acres and over 400 drilling locations to the company’s portfolio, extending core inventory life by 5 years and increasing dry gas exposure. Moreover, the transaction is expected to lower cash costs by nearly 10%, expand margins, and reduce breakeven prices. As a result, Antero is projecting the acquisition to generate synergies of around $950 million over the next ten years.

9. Expand Energy Corporation (NASDAQ:EXE)

Upside Potential as of April 10: 34.86%

Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the United States.

On April 7, BMO Capital analyst Phillip Jungwirth trimmed the firm’s price target on Expand Energy Corporation (NASDAQ:EXE) from $125 to $120, but maintained an ‘Outperform’ rating on the shares. The lowered target still represents an upside of over 21% from the current share price. The move comes as part of BMO Capital’s broader research note, with the firm revising its models with updated Q1 mark-to-market assumptions to reflect the Middle East conflict and the ongoing oversupply issues in the North American natural gas market.

The global oil and equity markets remain on edge, watching President Trump’s next move. According to the analyst, a resolution of the Iran war would reopen flows through the Strait of Hormuz and bring oil prices down to the $75-$85 per barrel range. On the other hand, crude prices could soar even further into the $150-$200 per barrel range if the situation escalates further and Hormuz remains closed.

While BMO expressed concerns over the high economic cost of an escalated and prolonged conflict, it expects the hostilities to wind down by the end of this month.

8. Enphase Energy, Inc. (NASDAQ:ENPH) 

Upside Potential as of April 10: 37.89%

Enphase Energy, Inc. (NASDAQ:ENPH) is a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems

On April 8, Barclays reduced the firm’s price target on Enphase Energy, Inc. (NASDAQ:ENPH) from $35 to $31, while keeping its ‘Underweight’ rating on the shares.

The revision comes ahead of the company’s Q1 2026 report. Barclays noted that the European solar sector has witnessed only a modest near-term boost from the tensions in the Middle East. This situation is unlike the gas-driven price surge back in 2022, as the current electricity prices remain far below the crisis-era highs. The analyst firm believes that the solar demand is ‘still likely mild’.

Enphase Energy, Inc. (NASDAQ:ENPH) is targeting revenue in the range of $270 million to $300 million for the first quarter of 2026. Notably, the company is already approximately 90% booked to the midpoint of its revenue guidance. Enphase expects its GAAP gross margin to be within a range of 40% to 43%, including approximately 5 percentage points of reciprocal tariff impact.

7. Diversified Energy Company (NYSE:DEC)

Upside Potential as of April 10: 40.72%

Diversified Energy Company (NYSE:DEC) responsibly produces, transports, and markets primarily natural gas and natural gas liquids from existing assets in the United States.

On April 9, Truist lowered its price target on Diversified Energy Company (NYSE:DEC) from $22 to $20, but kept its ‘Buy’ rating on the shares.

The revision comes as part of a broader research note by the analyst firm, previewing the upcoming Q1 2026 results in the natural gas exploration and production sector. US natural gas prices soared by over 60% during the Winter Storm Fern earlier this year, which significantly dropped temperatures and raised the demand for fuel for heating. That said, Truist also noted that the volatility between first-of-month and daily prices also led to higher-than-expected hedge losses for some operators.

The share price of Diversified Energy Company (NYSE:DEC) has surged by over 12% since the beginning of 2026. However, the stock continues to be favored by Wall Street and is included among the 14 Best Energy Stocks to Buy According to Wall Street Analysts.

6. Peabody Energy Corporation (NYSE:BTU) 

Upside Potential as of April 10: 41.39%

Next on our list of the Best American Energy Stocks to Buy is Peabody Energy Corporation (NYSE:BTU). It is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel.

On April 9, BMO Capital trimmed its price target on Peabody Energy Corporation (NYSE:BTU) from $44 to $40, but maintained its ‘Outperform’ rating on the shares. The lowered target, which still indicates an upside potential of over 44% from the current levels, comes as part of the analyst firm’s broader research note previewing Q1 results in the Metals and Mining sector.

BMO Capital expects most companies under its coverage to post stronger earnings in Q1 2026, driven by the higher underlying commodity prices. That said, the price target cut on Peabody Energy Corporation (NYSE:BTU) is based on the coal company’s recent announcement that it expects the Q1 sales volume from its Centurion mine in Australia to come in below prior expectations. Peabody now projects the mine to deliver approximately 250,000 tons in the first quarter, down from its previous forecasts of around 700,000 tons, due to the greater-than-expected challenges during mine commissioning.

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