Best Oil & Gas E&P Stocks in Australia for 2026
Top-ranked Oil & Gas E&P stocks in Australia. Upstream E&P operators earn on production volume net of lifting costs; mid-cycle commodity assumptions drive Valuation while Health leverage gates the field.
Oil and Gas E&P (upstream operators of all sizes) earn revenue on production volume at realised prices net of lifting costs. The Valuation pillar uses EV/EBITDA against mid-cycle commodity prices; the Health pillar (net debt to EBITDA through the trough) is the gating factor for composite ranking across the cycle.
Data as of (updated daily)
Top 20 Oil & Gas E&P stocks in Australia by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | FAR.AU | FAR Ltd | 72.4 |
| 2 | OEL.AU | Otto Energy Ltd | 66.1 |
| 3 | BRK.AU | Brookside Energy Ltd | 63.9 |
| 4 | CUE.AU | CUE Energy Resources Ltd | 63.8 |
| 5 | CTP.AU | Central Petroleum Ltd | 63.5 |
| 6 | ECH.AU | Echelon Resources Ltd | 63.4 |
| 7 | VEN.AU | Vintage Energy Ltd | 62.4 |
| 8 | ROG.AU | Red Sky Energy Ltd | 62.3 |
| 9 | MEL.AU | Metgasco Ltd | 60.5 |
| 10 | PVE.AU | Po Valley Energy Ltd | 59.4 |
| 11 | GAS.AU | State GAS Ltd | 58.6 |
| 12 | TEE.AU | Top End Energy Ltd | 57.2 |
| 13 | BLU.AU | Blue Energy Ltd | 57.0 |
| 14 | 88E.AU | 88 Energy Ltd | 56.7 |
| 15 | KAR.AU | Karoon Energy Ltd | 56.5 |
| 16 | BPT.AU | Beach Energy Ltd | 55.5 |
| 17 | CVN.AU | Carnarvon Energy Ltd | 55.2 |
| 18 | VSR.AU | Voltaic Strategic Resources Ltd | 54.4 |
| 19 | IVZ.AU | Invictus Energy Ltd | 54.0 |
| 20 | AEL.AU | Amplitude Energy Ltd | 53.5 |
Customise the Oil & Gas E&P + Australia screen
The full screener applies both filters and lets you stack 30+ more on top: market cap, dividend yield, and the four pillar scores.
Open in screener →Explore related pages
Oil & Gas E&P in other countries
Other industries in Australia
Browse the hub pages
Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within the Oil & Gas E&P industry, Australia. Use the screener for the full ranked list.