Sector ยท Oct 2026
Energy stocks ranked by gap to the model's fair value
Faircurve's model values 72 energy stocks. 61 of them are ranked below by the gap between the model's fair value and the last close, as of 31 Oct 2026: 24 read as Undervalued, 34 as Fairly valued and 3 as Overvalued. The median gap across the ranked names is +10.3%. The widest gaps above the price are MTDR (+57.9%), APA (+54.0%), CHRD (+39.6%). The widest below it are ENPH (-21.7%), WMB (-17.8%), VNOM (-17.1%).
Valuations as of . Prices are the closes of 3 Nov 2026. The gap is the model's fair value against the price: a positive gap means the fair value is above the price. It states what the model concluded, not where the price goes next.
The ranking
| Rank | Company | Last close | Model fair value | Gap | Model verdict | Quality score | Market value |
|---|---|---|---|---|---|---|---|
| 1 | MTDR Matador Resources CompanyOil & Gas Exploration & Production | $54.31 | $85.78 | +57.9% | Undervalued | 63 | $7.5B |
| 2 | APA APA CorporationOil & Gas Exploration & Production | $47.77 | $73.57 | +54.0% | Undervalued | 71 | $18.5B |
| 3 | CHRD Chord Energy CorporationOil & Gas Exploration & Production | $143.83 | $200.83 | +39.6% | Undervalued | 69 | $8.6B |
| 4 | OVV Ovintiv Inc.Oil & Gas Exploration & Production | $66.43 | $90.81 | +36.7% | Undervalued | 73 | $20.1B |
| 5 | VTOL Bristow Group Inc.Oil & Gas Equipment & Services | $40.64 | $54.59 | +34.3% | Undervalued | 60 | $1.2B |
| 6 | VLO Valero Energy CorporationOil & Gas Refining & Marketing | $387.65 | $501.71 | +29.4% | Undervalued | 75 | $115.1B |
| 7 | PR Permian Resources CorporationOil & Gas Exploration & Production | $24.00 | $30.87 | +28.6% | Undervalued | 64 | $21.8B |
| 8 | EXE Expand Energy CorporationOil & Gas Exploration & Production | $89.93 | $115.56 | +28.5% | Undervalued | 71 | $20.9B |
| 9 | EOG EOG Resources, Inc.Oil & Gas Exploration & Production | $155.17 | $196.15 | +26.4% | Undervalued | 76 | $86.8B |
| 10 | RES RPC, Inc.Oil & Gas Equipment & Services | $5.98 | $7.54 | +26.1% | Undervalued | 59 | $1.4B |
| 11 | PBF PBF Energy Inc.Oil & Gas Refining & Marketing | $77.81 | $98.09 | +26.1% | Undervalued | 64 | $9.2B |
| 12 | PTEN Patterson-UTI Energy, Inc.Oil & Gas Drilling | $11.75 | $14.77 | +25.7% | Undervalued | 45 | $5.1B |
| 13 | HP Helmerich & Payne, Inc.Oil & Gas Drilling | $37.88 | $47.17 | +24.5% | Undervalued | 43 | $4.3B |
| 14 | DINO HF Sinclair CorporationOil & Gas Refining & Marketing | $113.36 | $140.56 | +24.0% | Undervalued | 82 | $19.7B |
| 15 | CRGY Crescent Energy CompanyOil & Gas Exploration & Production | $13.01 | $16.06 | +23.4% | Undervalued | 56 | $4.7B |
| 16 | KGS Kodiak Gas Services, Inc.Oil & Gas Equipment & Services | $46.54 | $56.77 | +22.0% | Undervalued | 55 | $4.7B |
| 17 | WFRD Weatherford International plcOil & Gas Equipment & Services | $87.70 | $106.05 | +20.9% | Undervalued | 64 | $6.6B |
| 18 | COP ConocoPhillipsOil & Gas Exploration & Production | $144.40 | $174.22 | +20.7% | Undervalued | 81 | $185.0B |
| 19 | BTU Peabody Energy CorporationCoal | $20.68 | $24.92 | +20.5% | Undervalued | 52 | $2.7B |
| 20 | OXY Occidental Petroleum CorporationOil & Gas Exploration & Production | $60.43 | $71.01 | +17.5% | Undervalued | 44 | $64.0B |
| 21 | PARR Par Pacific Holdings, Inc.Oil & Gas Refining & Marketing | $71.28 | $83.75 | +17.5% | Undervalued | 71 | $3.8B |
| 22 | FSLR First Solar, Inc.Solar | $185.90 | $215.58 | +16.0% | Undervalued | 61 | $18.7B |
| 23 | MPC Marathon Petroleum CorporationOil & Gas Refining & Marketing | $427.34 | $493.61 | +15.5% | Undervalued | 77 | $124.9B |
| 24 | CNX CNX Resources CorporationOil & Gas Exploration & Production | $36.58 | $42.14 | +15.2% | Undervalued | 56 | $5.5B |
| 25 | HAL Halliburton CompanyOil & Gas Equipment & Services | $34.07 | $38.81 | +13.9% | Fairly valued | 49 | $29.9B |
| 26 | MGY Magnolia Oil & Gas CorporationOil & Gas Exploration & Production | $24.66 | $28.04 | +13.7% | Fairly valued | 87 | $7.1B |
| 27 | TDW Tidewater Inc.Oil & Gas Equipment & Services | $77.44 | $87.85 | +13.4% | Fairly valued | 54 | $4.3B |
| 28 | PSX Phillips 66Oil & Gas Refining & Marketing | $271.94 | $305.34 | +12.3% | Fairly valued | 67 | $110.3B |
| 29 | LPG Dorian LPG Ltd.Oil & Gas Midstream | $51.96 | $58.16 | +11.9% | Fairly valued | 74 | $2.3B |
| 30 | MUR Murphy Oil CorporationOil & Gas Exploration & Production | $39.46 | $43.60 | +10.5% | Fairly valued | 47 | $6.3B |
| 31 | FANG Diamondback Energy, Inc.Oil & Gas Exploration & Production | $192.34 | $212.10 | +10.3% | Fairly valued | 53 | $59.4B |
| 32 | OII Oceaneering International, Inc.Oil & Gas Equipment & Services | $38.17 | $41.98 | +10.0% | Fairly valued | 67 | $4.1B |
| 33 | OKE ONEOK, Inc.Oil & Gas Midstream | $91.94 | $100.54 | +9.4% | Fairly valued | 51 | $61.2B |
| 34 | AM Antero Midstream CorporationOil & Gas Midstream | $20.94 | $22.50 | +7.4% | Fairly valued | 69 | $10.1B |
| 35 | AMR Alpha Metallurgical Resources, Inc.Coal | $152.63 | $162.65 | +6.6% | Fairly valued | 45 | $2.0B |
| 36 | CNR Core Natural Resources, Inc.Coal | $83.34 | $87.82 | +5.4% | Fairly valued | 50 | $4.3B |
| 37 | CVX Chevron CorporationOil & Gas Integrated | $225.27 | $237.28 | +5.3% | Fairly valued | 77 | $465.3B |
| 38 | NOV NOV Inc.Oil & Gas Equipment & Services | $18.49 | $19.39 | +4.9% | Fairly valued | 42 | $6.9B |
| 39 | HCC Warrior Met Coal, Inc.Coal | $80.66 | $84.28 | +4.5% | Fairly valued | 47 | $4.5B |
| 40 | WHD Cactus, Inc.Oil & Gas Equipment & Services | $62.03 | $64.49 | +4.0% | Fairly valued | 66 | $4.6B |
| 41 | CRC California Resources CorpOil & Gas Exploration & Production | $51.38 | $53.24 | +3.6% | Fairly valued | 64 | $4.9B |
| 42 | FTI TechnipFMC plcOil & Gas Equipment & Services | $66.74 | $69.13 | +3.6% | Fairly valued | 84 | $27.0B |
| 43 | SLB Slb N.V.Oil & Gas Equipment & Services | $52.13 | $53.47 | +2.6% | Fairly valued | 51 | $79.3B |
| 44 | CVI CVR Energy, Inc.Oil & Gas Refining & Marketing | $48.60 | $49.49 | +1.8% | Fairly valued | 60 | $5.9B |
| 45 | XOM Exxonmobil Holdings CorporationOil & Gas Integrated | $177.46 | $177.60 | +0.1% | Fairly valued | 73 | $770.0B |
| 46 | SM SM Energy CompanyOil & Gas Exploration & Production | $36.67 | $36.29 | -1.0% | Fairly valued | 40 | $9.6B |
| 47 | VAL Valaris LimitedOil & Gas Drilling | $89.99 | $87.91 | -2.3% | Fairly valued | 38 | $7.3B |
| 48 | DTM DT Midstream, Inc.Oil & Gas Midstream | $122.58 | $113.90 | -7.1% | Fairly valued | 52 | $12.7B |
| 49 | AROC Archrock, Inc.Oil & Gas Equipment & Services | $31.45 | $29.20 | -7.2% | Fairly valued | 46 | $5.6B |
| 50 | NXT Nextpower Inc.Solar | $96.02 | $88.92 | -7.4% | Fairly valued | 83 | $12.0B |
| 51 | DVN Devon Energy CorporationOil & Gas Exploration & Production | $47.62 | $43.93 | -7.7% | Fairly valued | 42 | $57.4B |
| 52 | NFG National Fuel Gas CompanyOil & Gas Integrated | $78.63 | $72.33 | -8.0% | Fairly valued | 52 | $7.6B |
| 53 | EQT EQT CorporationOil & Gas Exploration & Production | $54.25 | $49.85 | -8.1% | Fairly valued | 49 | $34.6B |
| 54 | RRC Range Resources CorporationOil & Gas Exploration & Production | $54.01 | $49.37 | -8.6% | Fairly valued | 74 | $12.8B |
| 55 | CLB Core Laboratories N.V.Oil & Gas Equipment & Services | $9.77 | $8.90 | -8.9% | Fairly valued | 53 | $488M |
| 56 | KMI Kinder Morgan, Inc.Oil & Gas Midstream | $32.87 | $29.27 | -11.0% | Fairly valued | 36 | $75.5B |
| 57 | SEDG SolarEdge Technologies, Inc.Solar | $32.88 | $28.46 | -13.4% | Fairly valued | 48 | $1.8B |
| 58 | TRGP Targa Resources Corp.Oil & Gas Midstream | $298.56 | $256.04 | -14.2% | Fairly valued | 57 | $67.5B |
| 59 | VNOM Viper Energy, Inc.Oil & Gas Midstream | $44.17 | $36.62 | -17.1% | Overvalued | 50 | $17.1B |
| 60 | WMB The Williams Companies, Inc.Oil & Gas Midstream | $72.47 | $59.55 | -17.8% | Overvalued | 35 | $90.9B |
| 61 | ENPH Enphase Energy, Inc.Solar | $30.42 | $23.81 | -21.7% | Overvalued | 56 | $3.4B |
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Valued but not ranked
These 11 names are valued but not ranked, for one of four reasons: the model grades the evidence as low or has not graded it yet, the inputs are under review, the gap is wider than 60%, or the valuation is more than three weeks old. The numbers are shown for reference.
| Company | Last close | Model fair value | Gap | Why it is not ranked | Quality score | Market value |
|---|---|---|---|---|---|---|
| AESI Atlas Energy Solutions Inc.Oil & Gas Equipment & Services | $8.14 | $7.70 | -5.4% | Low evidence grade | 22 | $1.2B |
| AR Antero Resources CorporationOil & Gas Exploration & Production | $39.93 | $36.31 | -9.1% | Low evidence grade | 52 | $12.9B |
| BKR Baker Hughes CompanyOil & Gas Equipment & Services | $52.79 | $51.31 | -2.8% | Low evidence grade | 43 | $54.8B |
| CRK Comstock Resources, Inc.Oil & Gas Exploration & Production | $13.84 | $9.11 | -34.2% | Low evidence grade | 31 | $4.3B |
| INVX Innovex International, Inc.Oil & Gas Equipment & Services | $25.87 | $33.67 | +30.2% | Low evidence grade | 80 | $2.0B |
| KNTK Kinetik Holdings Inc.Oil & Gas Midstream | $54.24 | $44.68 | -17.6% | Low evidence grade | 33 | $4.6B |
| LBRT Liberty Energy Inc.Oil & Gas Equipment & Services | $14.81 | $17.17 | +15.9% | Low evidence grade | 30 | $2.8B |
| NOG Northern Oil and Gas, Inc.Oil & Gas Exploration & Production | $24.98 | $37.20 | +48.9% | Low evidence grade | 57 | $3.0B |
| RUN Sunrun Inc.Solar | $8.68 | $15.68 | +80.6% | Gap wider than 60% | 25 | $1.8B |
| TALO Talos Energy Inc.Oil & Gas Exploration & Production | $16.10 | $27.42 | +70.3% | Gap wider than 60% | 51 | $3.0B |
| TPL Texas Pacific Land CorporationOil & Gas Exploration & Production | $332.00 | $345.86 | +4.2% | Low evidence grade | 76 | $22.9B |
Energy industries
Other sectors
- Basic Materials 77
- Communication Services 41
- Consumer Cyclical 186
- Consumer Defensive 80
- Financial Services 226
- Healthcare 159
- Industrials 216
- Real Estate 109
- Technology 223
- Utilities 56