5 Most Undervalued Oil Stocks to Buy According to Analysts

In this article, we will list the 5 most undervalued stocks to buy according to analysts. Please visit the 8 Most Undervalued Stocks to Buy According to Analysts if you’d like to see an extended list and how we came up with the list of most undervalued oil stocks.

5. Antero Resources Corporation (NYSE:AR)

On March 13, Goldman Sachs raised the price target on Antero Resources Corporation (NYSE:AR) stock from $39 to $44. Prior to that, on March 5, Benchmark analyst Subash Chandra upgraded Antero Resources Corporation (NYSE:AR) from Hold to Buy and assigned a price target of $44. The analyst noted that the shares have significantly underperformed other oil and gas producers, largely because natural gas prices pulled back from multi-year highs as supply increased. Analyst Subash Chandra said he is not trying to call a bottom in natural gas prices, but his outlook on natural gas exporters is turning more positive. According to the analyst, the conflict involving Iran could increase demand for reliable energy suppliers, which may benefit exporters from the United States. He also pointed out that the United States is the third-largest exporter of propane behind Qatar and the United Arab Emirates, both located in the region affected by conflict.

Subash Chandra further explained that natural gas liquids (NLGs) make up a smaller portion of Antero Resources Corporation’s (NYSE:AR) business following its acquisition of HG Energy II. Even so, the company remains the largest publicly traded NGL exporter. He said that Antero’s dry gas operations could deliver a lower breakeven cost while maintaining favorable pricing dynamics, supported by the company’s access to the LNG export corridor.

Antero Resources Corporation (NYSE:AR) is an independent oil and natural gas company that develops, produces, explores, and acquires natural gas, natural gas liquids (NGLs), and oil properties in the U.S.

4. Gulfport Energy Corporation (NYSE:GPOR)

UBS analyst Josh Silverstein increased the firm’s price target on Gulfport Energy Corporation (NYSE:GPOR) from $264 to $267 while keeping a Buy rating on March 5. The firm highlighted that the energy sector continues to offer an attractive risk/reward profile. The increase in the price target is based on higher 2026 oil price assumptions. WTI is projected at $68 per barrel and Brent at $72 per barrel, representing a $10-per-barrel uplift. It must be added, however, that oil prices are currently hovering around the $100 mark, so future forecast revisions can be expected.

Additionally, the firm also incorporated a modest expansion of the company’s valuation multiple, influenced by geopolitical risks affecting global energy markets. According to the analyst, markets appear to be underestimating the potential impact of a prolonged Middle East conflict and possible disruptions to Qatar’s gas supply. These events could raise both oil and natural gas prices and offer the greatest free cash flow upside for the companies that produce both commodities.

Based on the Q4 2025 earnings report released on February 25, Gulfport Energy Corporation (NYSE:GPOR) closed the year with a leverage ratio of 0.9x and liquidity of $806 million. During the quarter, the company repurchased 665,000 shares for about $135 million. Since the start of its share buyback program, the company has repurchased approximately 7.4 million shares, with an average purchase price of $125.19.

Gulfport Energy Corporation (NYSE:GPOR) is involved in the production, acquisition, and exploration of crude oil, natural gas, and natural gas liquids across the United States. The company was founded in 1997 and is based in Oklahoma City, Oklahoma.

3. TORM plc (NASDAQ:TRMD)

On March 10, TORM plc (NASDAQ:TRMD) disclosed that Oaktree Capital Group was now a major shareholder of the company, owning 23.39% of the firm’s total share capital. This shareholding is likely going to shape the company’s corporate strategy going forward.

On February 27, Evercore ISI analyst Jonathan Chappell reiterated an Outperform rating on TORM plc (NASDAQ:TRMD). The analyst also increased the firm’s price target on the stock from $28 to $34.

TORM plc (NASDAQ:TRMD) announced its full-year 2025 results on February 26, reporting strong operational performance despite a challenging geopolitical environment. Global trade was disrupted, and energy flows shifted, creating challenges for the shipping sector. The company highlighted that its resilient business model, strong corporate culture, and integrated platform are key competitive advantages. These factors, it said, reinforce TORM plc’s (NASDAQ:TRMD) position as a dependable leader in the product tanker market.

For the full year, the company generated time charter equivalent (TCE) earnings of USD 910 million. Adjusted EBITDA for the year was USD 578 million. Net profit fell to USD 286 million, compared with USD 612 million in 2024. This decline was mainly due to lower average TCE rates, which dropped to USD 28,783 per day. The company ended the year with positive momentum in the fourth quarter. It also maintained a high dividend payout ratio of 74% for 2025. Looking ahead, TORM plc (NASDAQ:TRMD) expressed confidence in a favorable market environment for 2026.

TORM plc (NASDAQ:TRMD) is a shipping company. The company operates and owns a fleet of product tankers. The company operates through the Tanker and Marine Engineering segments. It was founded by Ditlev E. Torm and Christian Schmiegelow in 1889.

2. Expand Energy Corporation (NASDAQ:EXE)

On March 12, Piper Sandler raised its price target on Expand Energy Corporation (NASDAQ:EXE) shares from $136 to $138. The firm expects crude oil supply chain issues to persist and has increased its mid-cycle crude oil price expectation to $75 per barrel from $70.

Prior to the above, multiple analysts updated their bullish stance on the stock. Benchmark increased its price target on Expand Energy Corporation (NASDAQ:EXE) while reaffirming a Buy rating on March 5. The firm’s analyst Subash Chandra raised the firm’s price target on the stock from $112 to $124, and highlighted that the company’s reserves grew organically by 24% last year. This growth was mainly driven by positive performance revisions. Benchmark also said that its forecast assumes reserves will remain at similar levels, while gas price realizations are expected to rise in the future.

On the same day as the Benchmark update, Piper Sandler also issued a rating on Expand Energy Corporation (NASDAQ:EXE). Piper Sandler analyst Mark Lear lowered the firm’s price target on EXE from $137 to $136 while keeping a Neutral rating. The firm said the rotation trade received a boost this week, as the conflict with Iran has put around 20% of global oil, gas, and product supply at risk. Although the geopolitical situation has drawn attention away from the companies’ fourth-quarter results and fiscal 2026 outlook, Piper Sandler expects minimal changes from U.S. operators despite the ongoing tensions.

Expand Energy Corporation (NASDAQ:EXE) is an independent natural gas production company operating in the United States. It is involved in the exploration, acquisition, and development of properties to produce natural gas, oil, and natural gas liquids. The company is headquartered in Oklahoma City, Oklahoma.

1. Mach Natural Resources LP (NYSE:MNR)

On March 16, Tim Rezvan of KeyBanc maintained his Hold rating on the Mach Natural Resources LP (NYSE:MNR) stock. On the same day, Northland Securities’ Jeff Grampp maintained his Buy rating and the price target of $20. This price target offers a further 47% upside from here on.

Mach Natural Resources announced its Q4 2025 results on March 13, reporting a revenue of $388 million. Oil and Gas accounted for $331 million of this amount, with 42% from oil sales, 44% from gas, and natural gas liquids accounting for the rest.

Going forward, the company intends to maintain its current reinvestment rate while also nudging barrels of oil equivalent (Boe) higher. In the last quarter, the firm reported 154,000 Boe per day, with 68% of it coming from natural gas alone. At the end of the year, the company sat on reserves of over 705 million Boe.

Mach Natural Resources LP (NYSE:MNR) is an upstream oil & gas company that acquires oil and gas reserves and then develops and produces related products. The company’s current operations span across Oklahoma, Southern Kansas, Texas, New Mexico, and Colorado.

While we acknowledge the potential of MNR to grow, 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 MNR and that has 100x upside potential, check out our report about the cheapest AI stock.

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