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 | ROG.AU | Red Sky Energy Ltd | 68.7 |
| 2 | ECH.AU | Echelon Resources Ltd | 67.9 |
| 3 | OEL.AU | Otto Energy Ltd | 65.7 |
| 4 | CTP.AU | Central Petroleum Ltd | 64.6 |
| 5 | BRK.AU | Brookside Energy Ltd | 63.4 |
| 6 | VEN.AU | Vintage Energy Ltd | 62.2 |
| 7 | CUE.AU | CUE Energy Resources Ltd | 61.6 |
| 8 | MEL.AU | Metgasco Ltd | 61.1 |
| 9 | PVE.AU | Po Valley Energy Ltd | 59.6 |
| 10 | STO.AU | Santos Ltd | 58.8 |
| 11 | GAS.AU | State GAS Ltd | 58.5 |
| 12 | TEE.AU | Top End Energy Ltd | 57.3 |
| 13 | FAR.AU | FAR Ltd | 57.1 |
| 14 | BLU.AU | Blue Energy Ltd | 56.5 |
| 15 | BPT.AU | Beach Energy Ltd | 55.8 |
| 16 | 88E.AU | 88 Energy Ltd | 55.6 |
| 17 | CVN.AU | Carnarvon Energy Ltd | 55.0 |
| 18 | IVZ.AU | Invictus Energy Ltd | 55.0 |
| 19 | VSR.AU | Voltaic Strategic Resources Ltd | 54.9 |
| 20 | KAR.AU | Karoon Energy Ltd | 54.6 |
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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.