The 3 Best Oil and Gas Stocks to Buy for 2026

Valuation and Performance - GeoPark is currently undervalued, trading at 12.7 times forward adjusted earnings and 0.70 times sales, which is below sector norms and its own five-year average [1] - The stock has experienced a decline of 40% from its 52-week high of $11.67, but has shown a 10% increase over the past three months [2] - GeoPark's revenue for the latest quarter was $125.1 million, a 4% sequential increase but a 21% decrease year-over-year, with EPS at $0.31 [8] Production and Financial Health - GeoPark's consolidated average oil and gas output reached 28,136 barrels of oil equivalent per day (boepd), nearly 3% higher than the previous quarter [9] - Adjusted EBITDA was $71.4 million, reflecting a strong 57% margin, with operating costs steady at $12.50 per boe [10] - The company has over $197 million in cash and a net debt of $373.4 million, resulting in a low leverage ratio of 1.2 [10] Future Outlook - GeoPark aims for production of 42,000 to 46,000 barrels per day by 2030, with adjusted EBITDA projected between $520 million and $550 million [11] - Analysts expect Q4 earnings to be $0.28 per share, with fiscal 2025 EPS projected at $0.70 and fiscal 2026 EPS at $0.58 [11] - The stock has a consensus "Moderate Buy" rating, with an average price target of $9.50, indicating a potential upside of 38% [12]