Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 7 stocks made the list for top value stocks in the Oil, Gas & Consumable Fuels industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.

Why Focus on Undervalued Oil, Gas & Consumable Fuels Stocks?

Value investors seek to buy stocks at a discount to their intrinsic value. Long-term returns show that such strategies are advantageous. Value stocks, as a group, tend to outperform growth stocks over extended periods of time. Typically, value investors perform financial analysis of numerous metrics, don’t follow the herd and are long-term investors.

AAII’s A+ Investor Value Grade is derived from a stock’s Value Score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

What Goes Into AAII’s Value Grade?

Stock evaluation requires access to huge amounts of data as well as the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movement. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors with that task.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for more than just value. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others. Some stocks may even have null values for certain metrics like the price-earnings ratio or the price-to-book ratio but not others. An example of this would be a company with losses instead of profits or a negative book value because of heavy borrowing. Negative earnings or book value result in non-meaningful ratios that are left blank or null.

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7 Undervalued Oil, Gas & Consumable Fuels Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 7 undervalued stocks in the Oil, Gas & Consumable Fuels industry for Tuesday, June 23, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Oil, Gas & Consumable Fuels industry median.

The Value Grade is assigned based on how each stock’s composite valuation compares to all other stocks.

The process for assigning grades starts with each variable for a given stock. The percentile rankings for all valid ratios that a stock has are calculated. So, for instance, a stock could have a price-to-book ranking in the 43rd percentile, a price-earnings ranking in the 67th percentile, a price-to-sales ranking in the 23rd percentile, etc. Then, those rankings are averaged for each stock. (A minimum of two valid variables are required, though all six will be used if available.)

Once the average of the individual variables is calculated, that average is ranked against all stocks. Put another way, each stock’s composite valuation is compared to all other stocks. These ranks are then sorted into quintiles from the cheapest 20% (a grade of A) to the most expensive 20% (a grade of F).

As always, we recommend that you conduct proper due diligence and research before investing in any security. We also suggest that investors utilize numerous grades, not just value, when it comes to deciding whether a company is a good fit for their allocation needs.

APA Corporation’s Value Grade

Value Grade:

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The company has oil and gas operations in the United States, Egypt, and North Sea. It also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

APA Corporation has a Value Score of 91, which is considered to be undervalued.

When you look at APA Corporation’s price-to-sales ratio at 1.47 compared to the industry median at 1.76, this company has a lower price relative to revenue compared to its peers. This could make APA Corporation’s stock more attractive for value investors.

APA Corporation’s price-earnings ratio is 8.00 compared to the industry median at 14.20. This means it has a lower share price relative to earnings compared to its peers. This could make APA Corporation more attractive for value investors.

Now, let’s assess APA Corporation’s EV/EBITDA ratio, also known as enterprise multiple. At 3.2, when compared to the industry median of 6.9, the company may be considered undervalued in relation to its peers. Value investors could use the enterprise multiple to identify stocks that are considered overvalued or undervalued relative to their industry.

Shareholder yield is the sum of a stock’s dividend yield (paid over previous 12 months minus special dividends) and the percentage of net share buybacks over the previous 12 months. APA Corporation’s shareholder yield is higher than its industry median ratio of 1.80%. Value investors may look for an attractive shareholder yield because it can be a powerful tool for identifying if the company has a good management team.

As one of the most common value metrics, the price-to-book ratio evaluates a company’s current market price relative to its book value. APA Corporation’s price-to-book ratio is higher than its industry median ratio of 1.84. This could make APA Corporation less attractive to investors looking for a new addition to their portfolio.

Lastly, let’s take a look at APA Corporation’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. APA Corporation’s price-to-free-cash-flow ratio is lower than its industry median ratio of 19.10. This could make APA Corporation more attractive because the lower P/FCF ratio indicates that APA Corporation is undervalued. The P/FCF ratio metric can also be viewed over a long-term time frame to see if the company's cash flow to share price value is generally improving or worsening.

Comstock Resources, Inc.’s Value Grade

Value Grade:

Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Comstock Resources, Inc. has a Value Score of 81, which is considered to be undervalued.

Comstock Resources, Inc.’s price-earnings ratio is 6.4 compared to the industry median at 14.2. This means that it has a lower price relative to its earnings compared to its peers. This makes Comstock Resources, Inc. more attractive for value investors.

Comstock Resources, Inc.’s price-to-book ratio is higher than its peers. This could make Comstock Resources, Inc. less attractive for value investors when compared to the industry median at 1.84.

You can read more about Comstock Resources, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

HF Sinclair Corporation’s Value Grade

Value Grade:

HF Sinclair Corporation operates as an independent energy company in the United States. It operates through five segments: Refining, Renewables, Marketing, Lubricants & Specialties, and Midstream. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, commodity and modified asphalt products, and others. It also owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah, as well as markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states. In addition, the company supplies fuels to 1,700 branded stations and licenses the use of the Sinclair brand at approximately 350 additional locations, as well as provision of other marketing activities. Further, the company produces base oils and other specialized lubricants; and provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum sector. Additionally, it offers hydrocarbon chemicals, including white oils, petrolatums, and waxes. The company also exports its products. HF Sinclair Corporation was incorporated in 1947 and is headquartered in Dallas, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

HF Sinclair Corporation has a Value Score of 96, which is considered to be undervalued.

HF Sinclair Corporation’s price-earnings ratio is 9.9 compared to the industry median at 14.2. This means that it has a lower price relative to its earnings compared to its peers. This makes HF Sinclair Corporation more attractive for value investors.

HF Sinclair Corporation’s price-to-book ratio is higher than its peers. This could make HF Sinclair Corporation less attractive for value investors when compared to the industry median at 1.84.

You can read more about HF Sinclair Corporation’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Genesis Energy, L.P.’s Value Grade

Value Grade:

Genesis Energy, L.P. engages in the midstream segment of the crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation; Marine Transportation; and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as provision of a suite of services to integrated and large independent energy companies. This segment also owns interests in offshore crude oil and natural gas pipeline systems, platforms, and related infrastructure. The Marine Transportation segment includes inland marine fleet, which transports intermediate refined petroleum products, such as asphalt; offshore marine fleet, which transports crude oil and refined petroleum products; and M/T American Phoenix, a modern, double-hulled tanker. The Onshore Facilities and Transportation segment provides transportation and facilities services to crude oil refiners and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products; and owns a portfolio of logistical assets consisting of pipelines, trucks, tanks and terminals, barges and rail unloading facilities. This segment also owns and operates onshore common carrier crude oil pipeline systems and operational crude oil rail unloading facilities; and is involved in processing of high sulfur gas streams for refineries, as well as selling of related by-product, sodium hydrosulfide. Genesis Energy, L.P. was incorporated in 1996 and is headquartered in Houston, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Genesis Energy, L.P. has a Value Score of 62, which is considered to be undervalued.

You can read more about Genesis Energy, L.P.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

ONEOK, Inc.’s Value Grade

Value Grade:

ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines, fractionation, terminal and storage facilities; and transports refined products, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities; it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases buildings, warehouses, office space, land, and equipment, including pipeline equipment, pipeline capacity, rail cars, and information technology equipment. Further, the company transports, stores, and distributes refined products, purity NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and diluent users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

ONEOK, Inc. has a Value Score of 60, which is considered to be fairly valued.

ONEOK, Inc.’s price-earnings ratio is 15.4 compared to the industry median at 14.2. This means that it has a higher price relative to its earnings compared to its peers. This makes ONEOK, Inc. less attractive for value investors.

ONEOK, Inc.’s price-to-book ratio is lower than its peers. This could make ONEOK, Inc. more attractive for value investors when compared to the industry median at 1.84.

You can read more about ONEOK, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Range Resources Corporation’s Value Grade

Value Grade:

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas, NGLs, and oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, refiners, marketers/traders, and natural gas processors; and oil to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in July 1992. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Range Resources Corporation has a Value Score of 81, which is considered to be undervalued.

Range Resources Corporation’s price-earnings ratio is 9.7 compared to the industry median at 14.2. This means that it has a lower price relative to its earnings compared to its peers. This makes Range Resources Corporation more attractive for value investors.

Range Resources Corporation’s price-to-book ratio is lower than its peers. This could make Range Resources Corporation more attractive for value investors when compared to the industry median at 1.84.

You can read more about Range Resources Corporation’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

TORM plc’s Value Grade

Value Grade:

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude oil. The Marine Engineering segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

TORM plc has a Value Score of 87, which is considered to be undervalued.

TORM plc’s price-earnings ratio is 8.8 compared to the industry median at 14.2. This means that it has a lower price relative to its earnings compared to its peers. This makes TORM plc more attractive for value investors.

TORM plc’s price-to-book ratio is higher than its peers. This could make TORM plc less attractive for value investors when compared to the industry median at 1.84.

You can read more about TORM plc’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Other Oil, Gas & Consumable Fuels Stock Grades

Value is just one of the five Stock Grades included in our A+ Investor service. AAII members can see the top-graded stocks—those with grades of A or B for value, growth, momentum, earnings estimate revisions and quality—on the A+ Stock Grades Screener.

Also, if you want full access to all of AAII’s premium services, you can subscribe to one convenient bundled plan called AAII Platinum where you can try out A+ Investor, AAII Dividend Investing, the Stock Superstars Report, Growth Investing and VMQ Stocks. With the other premium services, you can dive deep into additional metrics, portfolios, commentary and information about Oil, Gas & Consumable Fuels stocks as well as other industrys.

Choosing Which of the 7 Best Oil, Gas & Consumable Fuels Stocks Is Right for You

Choosing which value stocks to invest in will ultimately depend on your individual goals and allocation; however, comparing similar value stocks in the same industry can help you analyze which might be better investments for you in the long run. So, let’s take a look at the Value Grade for all of our stocks.

• APA Corporation stock has a Value Grade of A.
• Comstock Resources, Inc. stock has a Value Grade of A.
• HF Sinclair Corporation stock has a Value Grade of A.
• Genesis Energy, L.P. stock has a Value Grade of B.
• ONEOK, Inc. stock has a Value Grade of C.
• Range Resources Corporation stock has a Value Grade of A.
• TORM plc stock has a Value Grade of A.

Now that you have a bit more background about each of the 7 undervalued stocks in the Oil, Gas & Consumable Fuels industry as well as their overall grades, it’s time for you to conduct additional research to see if these could fit your portfolio needs based on your goals and risk tolerance. AAII can help you figure out both and identify which investments align with what works best for you.

We do so through a program of education that teaches you to invest for yourself and become an effective manager of your own wealth—no more relying on others for your financial independence. You can rely on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.

A+ Investor adds to that qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

Additional Resources About Oil, Gas & Consumable Fuels Stocks

Want to learn more about Oil, Gas & Consumable Fuels stocks to see if they could be the right investment for you? Check out some additional resources and articles to help you on your financial journey.

• 7 Undervalued Oil, Gas & Consumable Fuels Stocks for Monday, June 22
• Is Chevron Corporation (CVX) Overvalued?
• Is ConocoPhillips (COP) Overvalued?
• Is Exxon Mobil Corporation (XOM) Overvalued?

AAII Disclaimer

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