Valuation

Highest free cash flow yield Energy stocks

Free cash flow as a share of market value: how much cash the business produced for each dollar of stock. Energy companies worth over $1 billion, highest first.

Top of the list: Plains GP Holdings LP (PAGP) 34.5%; Diversified Energy Company (DEC) 27.1%; Ultrapar Participacoes SA ADR (UGP) 18.4%.

The median fcf yield across these 50 companies is 9.7%.

#CompanyFCF yieldP/FCFP/EMarket capRevenue growth
1 Plains GP Holdings LPPAGP 34.5%2.90x36.5x$6.6B+66.3%
2 Diversified Energy Company plcDEC 27.1%3.68x2.38x$1.0B+38.4%
3 Ultrapar Participacoes SA ADRUGP 18.4%5.44x13.6x$8.3B+5.9%
4 Vermilion Energy Inc.VET 17.8%5.61x—$1.8B+14.1%
5 Peabody Energy CorpBTU 17.5%5.73x—$3.0B+12.7%
6 SunocoCorp LLCSUNC 16.9%5.90x—$3.8B+11.1%
7 Crescent Energy CoCRGY 16.8%5.94x24.3x$4.3B+55.3%
8 Talos EnergyTALO 15.3%6.54x—$3.0B+56.5%
9 Kimbell Royalty Partners LPKRP 14.2%7.02x33.2x$1.7B+30.0%
10 Precision Drilling CorporationPDS 13.1%7.65x—$1.1B-3.1%
11 Mach Natural Resources LPMNR 12.6%7.96x15.1x$1.9B+40.7%
12 Plains All American Pipeline LPPAA 12.3%8.11x23.7x$18.6B+66.3%
13 NOV Inc.NOV 12.3%8.14x78.3x$7.0B-2.4%
14 Alliance Resource Partners LPARLP 12.1%8.27x13.1x$3.2B+0.8%
15 Scorpio Tankers IncSTNG 11.8%8.45x12.1x$4.2B-24.6%
16 Natural Resource Partners LPNRP 11.8%8.49x12.5x$1.4B-21.8%
17 California Resources CorpCRC 11.2%8.93x14.3x$4.8B+50.4%
18 CNX Resources CorpCNX 10.9%9.15x4.61x$4.9B-35.7%
19 Global Partners LPGLP 10.9%9.18x14.5x$1.8B+46.8%
20 Antero Resources CorpAR 10.7%9.31x12.1x$11.6B+20.2%
21 Hess Midstream Partners LPHESM 10.5%9.53x11.6x$6.9B-3.8%
22 APA CorporationAPA 10.4%9.61x11.3x$17.1B—
23 Transocean LtdRIG 9.9%10.1x—$6.3B-2.2%
24 ConocoPhillipsCOP 9.8%10.2x23.7x$170.3B+36.8%
25 Petroleo Brasileiro Petrobras SA ADRPBR 9.8%10.2x43.6x$169.9B-10.7%
26 Diamondback Energy IncFANG 9.6%10.4x197.0x$54.3B+51.2%
27 BP PLC ADRBP 9.4%10.6x37.5x$119.7B-1.1%
28 Black Stone Minerals LPBSM 9.2%10.9x12.0x$3.2B+14.4%
29 Northern Oil & Gas IncNOG 9.1%11.0x—$2.8B+5.4%
30 Dorchester Minerals LPDMLP 9.0%11.1x21.9x$1.5B+73.1%
31 Gulfport Energy Operating CorpGPOR 9.0%11.1x5.60x$3.1B-27.8%
32 BW LPG LimitedBWLP 8.7%11.5x16.2x$4.1B—
33 Pembina Pipeline CorpPBA 8.6%11.6x25.7x$28.9B+5.3%
34 Patterson-UTI Energy IncPTEN 8.5%11.8x—$4.4B+0.7%
35 Magnolia Oil & Gas CorpMGY 8.4%11.8x14.7x$4.8B+50.1%
36 Expand Energy CorporationEXE 8.4%11.9x6.80x$21.9B-19.8%
37 Borr Drilling LtdBORR 8.4%11.9x28.1x$1.5B+1.0%
38 Chord Energy CorpCHRD 8.3%12.0x188.8x$8.3B+84.0%
39 Cheniere Energy Partners LPCQP 8.3%12.1x15.0x$31.1B+5.2%
40 Tidewater IncTDW 8.0%12.4x14.9x$4.4B+0.2%
41 EQT CorporationEQT 8.0%12.4x10.7x$35.3B-29.2%
42 Canadian Natural Resources LtdCNQ 8.0%12.5x12.4x$105.3B+8.7%
43 Ovintiv IncOVV 8.0%12.6x22.1x$18.9B+29.7%
44 Teekay CorporationTK 7.9%12.7x13.0x$1.4B-22.2%
45 Weatherford International plcWFRD 7.9%12.7x12.5x$5.7B-8.2%
46 Western Midstream Partners LPWES 7.8%12.8x15.6x$18.7B+22.5%
47 Flowco Holdings Inc.FLOC 7.8%12.8x16.3x$2.1B+13.3%
48 FLEX LNG LtdFLNG 7.8%12.8x22.3x$1.7B-2.4%
49 Enerflex Ltd.EFXT 7.8%12.9x46.2x$3.0B+6.5%
50 Suncor Energy IncSU 7.7%13.0x19.9x$89.9B-4.6%

Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.

Questions

Which company ranks first on the highest free cash flow yield energy stocks list?

Plains GP Holdings LP (PAGP), with a fcf yield of 34.5%, as of October 12, 2026.

How is this list built?

Free cash flow as a share of market value: how much cash the business produced for each dollar of stock. US companies worth over $1 billion, highest first. It shows the top 50 and is rebuilt every day.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.