In this article, we will take a look at the 5 Best High Yield Energy Stocks to Buy Right Now. For deeper analysis and discussion, have a look at the 15 Best High Yield Energy Stocks to Buy Right Now.
5. Enbridge Inc. (NYSE:ENB)
Dividend Yield as of March 31: 5.26%
Enbridge Inc. (NYSE:ENB) is a midstream energy operator that focuses on transporting and distributing oil, natural gas, and natural gas liquids.
On March 30, Raymond James analyst Justin Jenkins slightly increased the firm’s price target on Enbridge Inc. (NYSE:ENB) from C$77 to C$78, while maintaining an ‘Outperform’ rating on the shares. The revised target indicates an upside of over 3% from the current share price.
Enbridge Inc. (NYSE:ENB) is targeting an EBITDA of between $20.2 billion and $20.8 billion and DCF in the range of $5.70 and $6.10 per share for the full-year 2026. The company expects to reach FID on another $10 billion to $20 billion of growth projects over the next two years, building on its $39 billion backlog that extends through 2033. Enbridge is forecasting a 5% growth through the end of the decade, supported by the now $39 billion secured growth capital.
Enbridge Inc. (NYSE:ENB) was also recently included in our list of the 14 Best LNG Stocks to Buy Now.
4. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)
Dividend Yield as of March 31: 5.71%
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the largest oil and gas producers in the world. The Brazilian company is mainly dedicated to exploration and production, refining, energy generation, and marketing.
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) revealed on March 26 that it had made a new discovery of ‘high-quality’ oil in the pre-salt area of the Marlim Sul field in Brazil’s Campos basin. The discovery was made at the exploratory well 3-BRSA-1397-RJS in a water depth of 1,178 meters, encountering oil-bearing intervals confirmed through wireline logs, gas shows, and fluid sampling. The samples will now be sent for laboratory analysis to characterise the reservoirs and fluids encountered. The Brazilian energy giant owns a 100% stake in the Marlim Sul field.
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is making a push to further solidify its position in the prolific Campos basin, which has seen a renewed exploration focus as operators target deeper pre-salt intervals beneath legacy fields. The company announced earlier in March that it would exercise its right to acquire Petronas’ 50% stake in the basin’s Tartaruga Verde field and the Espadarte Module III development. The two fields are currently producing an average of 55,000 bpd and will help bolster Petrobras’ control over a key offshore hub.
3. Enterprise Products Partners L.P. (NYSE:EPD)
Dividend Yield as of March 31: 5.81%
Enterprise Products Partners L.P. (NYSE:EPD) is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals.
On March 30, RBC Capital analyst Elvira Scotto raised its price target on Enterprise Products Partners L.P. (NYSE:EPD) from $40 to $42, while keeping an ‘Outperform’ rating on the shares. The bumped target indicates an upside of over 7% from the current levels.
The move comes after the analyst firm adjusted its model with slightly higher estimates and valuation multiple, given the potential for structurally higher commodity prices following the ongoing war in the Middle East. The analyst believes that Enterprise Products may realize more significant impacts if the soaring commodity prices remain elevated for a longer time period.
As of the writing of this piece, the share price of Enterprise Products Partners L.P. (NYSE:EPD) has surged by over 21% since the beginning of 2026. The company posted a record EBITDA of $2.7 billion for its Q4 2025 earlier in February, surpassing its previous record of $2.6 billion set in Q4 2024. While EPD expects its adjusted EBITDA and cash flow growth in FY 2026 to be modest, it is projecting a 10% area growth in adjusted EBITDA and cash flow in 2027 as more of its projects come online.
2. Energy Transfer LP (NYSE:ET)
Dividend Yield as of March 31: 6.94%
Energy Transfer LP (NYSE:ET) is one of the largest and most diversified midstream energy companies in North America, with a strategic footprint in all of the major US production basins.
On March 24, Truist initiated coverage of Energy Transfer LP (NYSE:ET) with a ‘Buy’ rating and a price target of $23, indicating an upside potential of over 17% from the current share price.
Trust noted how Energy Transfer LP (NYSE:ET) owns one of the most strategically positioned and diversified midstream systems in the US, spanning Permian crude oil, NGL export infrastructure, interstate natural gas transmission, and LNG feedgas optionality. The company is also now increasingly involved in power generation tied to the datacenter demand from hyperscalers.
The analyst firm believes that the combination of structural volume growth, improving balance sheet discipline, and new power-related demand should sustain the midstream operator’s re-rating and allow it to grow its EBITDA in the long-term.
In February, Energy Transfer LP (NYSE:ET) raised its 2026 adjusted EBITDA to a range of $17.45 billion to $17.85 billion, up from the previous $17.3 billion to $17.7 billion. The increase is primarily driven by the company’s affiliate, USA Compression’s acquisition of J-W Power Company, which closed in January this year.
1. Ecopetrol S.A. (NYSE:EC)
Dividend Yield as of March 31: 11.07%
Topping our list of the Best High Yield Energy Stocks is Ecopetrol S.A. (NYSE:EC). With a workforce of over 18,000, Ecopetrol is among the largest companies in Colombia and one of the leading integrated energy groups on the American continent.
On March 23, Goldman Sachs increased its price target on Ecopetrol S.A. (NYSE:EC) from $8.70 to $13, while keeping a ‘Neutral’ rating on the shares. The raised target still indicates a downside of over 13% from the current share price.
Ecopetrol S.A. (NYSE:EC) received another boost earlier on March 18 when the company, along with Petrobras, confirmed a significant natural gas discovery off the Colombian coast. According to the two partners, the find confirms the ‘presence beyond the primary objective, making this an even more significant discovery’. The Sirius area holds estimated reserves of more than 6 Tcf, making it the largest ever gas discovery in Colombia. The area is expected to produce up to 249 mcf/d of gas from 2030.
With a robust annual dividend yield of 11.07%, Ecopetrol S.A. (NYSE:EC) was recently included in our list of the 13 Oil Stocks with Highest Dividends.
While we acknowledge the potential of EC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EC and that has 100x upside potential, check out our report about the cheapest AI stock.
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