Quality

Highest profit margin Energy stocks

Net income as a share of revenue, highest first. Companies worth over $1 billion.

Top of the list: CMB.TECH NV (CMBT) 92.6%; International Seaways (INSW) 62.0%; Texas Pacific Land (TPL) 60.3%.

The median net margin across these 50 companies is 26.6%.

#CompanyNet marginOperating marginGross marginP/EMarket cap
1 CMB.TECH NVCMBT 92.6%106.6%—4.49x$5.8B
2 International Seaways IncINSW 62.0%64.2%—10.7x$5.8B
3 Texas Pacific Land CorporationTPL 60.3%74.9%—49.4x$24.9B
4 Black Stone Minerals LPBSM 56.9%66.2%—12.0x$3.2B
5 Dorian LPG LtdLPG 55.0%57.6%—7.63x$2.9B
6 Dorchester Minerals LPDMLP 45.5%45.5%—21.9x$1.5B
7 Valaris LtdVAL 44.0%11.3%24.8%6.63x$6.5B
8 DHT Holdings IncDHT 42.4%45.1%—18.8x$3.9B
9 Teekay Tankers LtdTNK 36.9%32.5%66.7%10.1x$3.5B
10 Scorpio Tankers IncSTNG 36.7%37.9%—12.1x$4.2B
11 CNX Resources CorpCNX 36.5%44.5%—4.61x$4.9B
12 MPLX LPMPLX 36.1%44.4%—12.4x$57.9B
13 DT Midstream IncDTM 35.7%49.6%—27.8x$12.8B
14 Occidental Petroleum CorporationOXY 33.7%——85.1x$62.6B
15 Antero Midstream Partners LPAM 32.4%52.8%—24.9x$10.2B
16 Gulfport Energy Operating CorpGPOR 32.3%45.0%76.3%5.60x$3.1B
17 Transportadora de Gas del Sur SA ADRTGS 30.4%45.9%52.8%12.6x$4.0B
18 Western Midstream Partners LPWES 30.2%41.0%93.4%15.6x$18.7B
19 Kimbell Royalty Partners LPKRP 29.7%40.1%—33.2x$1.7B
20 Vista Oil Gas ADRVIST 29.0%38.0%49.6%14.1x$7.6B
21 Magnolia Oil & Gas CorpMGY 28.8%38.0%—14.7x$4.8B
22 EQT CorporationEQT 28.4%42.5%83.7%10.7x$35.3B
23 Canadian Natural Resources LtdCNQ 27.9%——12.4x$105.3B
24 Cheniere Energy Partners LPCQP 27.3%33.6%49.8%15.0x$31.1B
25 National Fuel Gas CompanyNFG 26.9%40.3%87.7%11.1x$7.8B
26 Range Resources CorpRRC 26.3%28.6%93.6%11.3x$10.1B
27 EOG Resources IncEOG 25.4%33.0%—15.6x$84.4B
28 Williams Companies IncWMB 25.2%38.2%—32.8x$91.4B
29 Comstock Resources IncCRK 23.3%28.8%—6.31x$4.1B
30 Hess Midstream Partners LPHESM 23.3%62.3%—11.6x$6.9B
31 TC Energy CorpTRP 23.1%52.7%98.6%25.2x$64.7B
32 Diversified Energy Company plcDEC 22.6%32.6%—2.38x$1.0B
33 Archrock IncAROC 21.8%—48.9%17.0x$5.5B
34 South Bow CorporationSOBO 21.8%36.0%84.2%16.0x$7.2B
35 Pembina Pipeline CorpPBA 21.8%36.1%41.0%25.7x$28.9B
36 Permian Resources CorporationPR 21.5%35.8%—26.7x$20.5B
37 FLEX LNG LtdFLNG 21.5%50.6%—22.3x$1.7B
38 Torm PLC Class ATRMD 21.3%26.6%—14.0x$4.1B
39 Woodside Energy Group LtdWDS 20.9%29.9%34.9%15.9x$44.5B
40 Expand Energy CorporationEXE 20.5%26.9%—6.80x$21.9B
41 Tsakos Energy Navigation LimitedTEN 20.1%31.6%—11.2x$1.5B
42 Venture Global, Inc.VG 19.6%37.6%53.5%14.9x$35.6B
43 BKV CorporationBKV 19.5%34.0%—7.39x$2.7B
44 SM Energy CoSM 19.4%31.6%72.4%17.2x$9.8B
45 Kinder Morgan IncKMI 19.3%29.1%66.6%22.8x$75.6B
46 Frontline LtdFRO 19.2%30.4%—33.0x$12.3B
47 Matador Resources CompanyMTDR 18.9%30.6%—14.8x$7.2B
48 Navigator Holdings LtdNVGS 18.6%30.7%—16.3x$1.5B
49 Tidewater IncTDW 18.3%18.4%—14.9x$4.4B
50 Antero Resources CorpAR 17.7%24.7%—12.1x$11.6B

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 profit margin energy stocks list?

CMB.TECH NV (CMBT), with a net margin of 92.6%, as of October 12, 2026.

How is this list built?

Net income as a share of revenue, highest first. Companies worth over $1 billion. 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.