RANKINGS

Lowest EV/EBITDA — Energy

Enterprise Value to EBITDA. Lower ratios may indicate undervaluation.

80 companies with EV/EBITDA data.

Ranked by EV/EBITDA(80)

#	Ticker	Name	Industry	Market Cap	EV/EBITDA
1	NBR	NABORS INDUSTRIES LTD FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$1.2B	2.8
2	EXE	EXPAND ENERGY CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$20.6B	3.2
3	APA	APA CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$16.4B	3.3
4	FLOC	Flowco Holdings Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$847M	3.5
5	PARR	Par Pacific Holdings, Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$4.2B	3.6
6	GTE	GRAN TIERRA ENERGY INC. FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$372M	3.7
7	GPOR	Gulfport Energy Corp TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$2.9B	3.8
8	CNX	CNX Resources Corporation TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$5.1B	3.9
9	NOA	North American Construction Group Ltd. FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$316M	3.9
10	HPK	HighPeak Energy, Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$1.2B	4.0
11	OXY	OCCIDENTAL PETROLEUM CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$61.1B	4.1
12	REPX	Riley Exploration Permian, Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$1.0B	4.4
13	MTDR	Matador Resources Company FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$6.8B	4.5
14	PBF	PBF ENERGY INC. TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$10.1B	4.6
15	PAGP	PLAINS GP HOLDINGS LP TTM · 2026-06-30 Analysis WACC DCF	Pipelines	$5.3B	4.9
16	TALO	Talos Energy Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$2.9B	5.0
17	MUR	MURPHY OIL CORPORATION FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$5.6B	5.2
18	CHRD	Chord Energy Corporation FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$7.9B	5.3
19	RNGR	RANGER ENERGY SERVICES, INC. TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$363M	5.4
20	MMLP	MARTIN MIDSTREAM PARTNERS L.P. TTM · 2026-06-30 Analysis WACC DCF	Energy Distribution	$76M	5.4
21	KLXE	KLX Energy Services Holdings, Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$137M	5.6
22	CRK	COMSTOCK RESOURCES, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$4.0B	5.6
23	RES	RPC, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$1.3B	5.7
24	EQT	EQT CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$33.3B	5.8
25	EOG	EOG RESOURCES, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$78.9B	6.0
26	AR	ANTERO RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$11.2B	6.0
27	XPRO	Expro Group Holdings N.V. TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$1.8B	6.5
28	MGY	Magnolia Oil & Gas Corp TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$6.6B	6.6
29	WFRD	Weatherford International plc TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$5.5B	6.6
30	WTI	W&T OFFSHORE, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$566M	6.6
31	COP	ConocoPhillips TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$165.3B	6.7
32	HP	HELMERICH & PAYNE, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$3.9B	6.7
33	PUMP	ProPetro Holding Corp. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$1.1B	6.8
34	DWSN	DAWSON GEOPHYSICAL COMPANY TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$80M	7.0
35	BORR	Borr Drilling Limited FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$1.5B	7.0
36	DVN	DEVON ENERGY CORP/DE TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$53.9B	7.1
37	DK	DELEK US HOLDINGS, INC. TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$4.7B	7.3
38	LBRT	Liberty Energy Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$3.1B	7.3
39	CVX	Chevron Corp TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$421.7B	8.1
40	CAPL	CROSSAMERICA PARTNERS LP TTM · 2026-06-30 Analysis WACC DCF	Energy Distribution	$823M	8.3
41	GEL	GENESIS ENERGY LP TTM · 2026-06-30 Analysis WACC DCF	Pipelines	$1.8B	8.3
42	SDRL	SEADRILL LIMITED TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$2.9B	8.6
43	CLB	CORE LABORATORIES INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$459M	8.8
44	HAL	HALLIBURTON COMPANY TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$27.2B	8.8
45	MPC	Marathon Petroleum Corporation TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$128.8B	8.8
46	NESR	NATIONAL ENERGY SERVICES REUNITED CORP. FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$2.1B	9.3
47	PAA	PLAINS ALL AMERICAN PIPELINE LP TTM · 2026-06-30 Analysis WACC DCF	Pipelines	$17.3B	9.4
48	SUN	SUNOCO LP TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$14.2B	9.5
49	NOV	NOV INC. TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$6.7B	9.5
50	TTI	TETRA Technologies, Inc. FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$905M	10.0
51	SUNC	SUNOCOCORP LLC FY · 2025-12-31 Analysis WACC DCF	Petroleum Refining	$3.9B	10.1
52	VAL	Valaris Limited FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$5.9B	10.3
53	OII	OCEANEERING INTERNATIONAL INC TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$4.4B	10.6
54	FANG	Diamondback Energy, Inc. FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$54.6B	10.6
55	SLB	SLB LIMITED/NV TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$72.4B	10.8
56	VVV	VALVOLINE INC. FY · 2025-09-30 Analysis WACC DCF	Petroleum Refining	$3.8B	10.8
57	BKR	Baker Hughes Company TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$55.8B	11.0
58	INVX	INNOVEX INTERNATIONAL, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$2.0B	11.0
59	SOBO	SOUTH BOW CORPORATION FY · 2025-12-31 Analysis WACC DCF	Pipelines	$7.0B	11.4
60	XOM	Exxon Mobil Corporation TTM · 2026-03-31 Analysis WACC DCF	Petroleum Refining	$707.9B	11.5
61	EGY	VAALCO ENERGY INC /DE/ TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$642M	11.7
62	CVI	CVR ENERGY, INC FY · 2025-12-31 Analysis WACC DCF	Petroleum Refining	$5.9B	11.9
63	VLO	VALERO ENERGY CORP/TX TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$125.5B	12.7
64	FTI	TechnipFMC plc TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$27.4B	12.8
65	PSX	Phillips 66 TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$112.3B	12.9
66	CRC	California Resources Corp TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$4.8B	13.0
67	IMO	IMPERIAL OIL LIMITED TTM · 2026-03-31 Analysis WACC DCF	Petroleum Refining	$60.2B	13.4
68	WBI	WaterBridge Infrastructure LLC FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$1.7B	14.1
69	ENB	ENBRIDGE INC. TTM · 2026-06-30 Analysis WACC DCF	Pipelines	$104.6B	14.5
70	ACDC	ProFrac Holding Corp. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$814M	14.6
71	KWR	QUAKER CHEMICAL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$2.7B	15.4
72	FET	FORUM ENERGY TECHNOLOGIES, INC. TTM · 2026-03-31 Analysis WACC DCF	Oil & Gas	$983M	16.5
73	DKL	DELEK LOGISTICS PARTNERS, LP TTM · 2026-06-30 Analysis WACC DCF	Pipelines	$3.3B	17.1
74	NINE	Nine Energy Service, Inc. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$112M	18.6
75	SEI	SOLARIS ENERGY INFRASTRUCTURE, INC. FY · 2025-12-31 Analysis WACC DCF	Oil & Gas	$5.2B	27.3
76	CLMT	Calumet, Inc. /DE TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$5.0B	42.5
77	WTTR	SELECT WATER SOLUTIONS, INC. TTM · 2026-06-30 Analysis WACC DCF	Oil & Gas	$2.5B	49.4
78	WKC	WORLD KINECT CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Energy Distribution	$1.8B	87.2
79	IEP	ICAHN ENTERPRISES L.P. TTM · 2026-06-30 Analysis WACC DCF	Petroleum Refining	$4.7B	133.3
80	TMDE	TMD ENERGY LIMITED FY · 2025-06-30 Analysis WACC DCF	Energy Distribution	$15M	162.9