3 Oil And Gas Stocks For Higher Oil Prices

War spending on Iran now above US$38b, a tighter oil market from the Strait of Hormuz blockage, and rising funding costs for a heavily indebted US government are reshaping the risk and reward balance for global energy exposure. Price shocks can punish some holdings while lifting others. This article unpacks the backdrop and discusses 3 integrated oil and gas stocks that screens flag as positively exposed to these headlines.

The three integrated oil and gas stocks below are just a starting sample, with the full screen surfacing 34 more large producers and refiners that carry equally interesting stories and risk profiles not covered here. To explore this theme in more detail, head straight into the Global Integrated Oil & Gas Producers and Refiners screener to identify, filter, and analyze the highest conviction ideas for your watchlist.

Granite Ridge Resources (GRNT)

Granite Ridge Resources gives this integrated oil and gas screen direct exposure to US shale output with a non-operated model that leans heavily on existing operators and links results closely to the commodity price moves driving today’s headlines.

Granite Ridge Resources is a Dallas based non-operated oil and gas explorer that earned about US$472 million from development, exploration and production, all in the US, and currently carries a market value of roughly US$702 million.

"The rapid expansion and maturation of Granite Ridge's proprietary operator partnership model, now adding additional high-caliber teams and capturing off-market deals, has created a flywheel for repeatable high-return investment, which could drive outperformance in earnings growth and asset value well beyond what current forecasts imply."

What happens if a single assumption about how long that growth flywheel can run meets the harsher side of the oil price cycle?

If you want to see how that growth flywheel could still accelerate, read the full narrative for Granite Ridge Resources for the risks, catalysts and what the market may be missing.

Surge Energy (TSX:SGY)

Surge Energy is a Calgary based oil and gas producer in the Global Integrated Oil & Gas Producers and Refiners theme, with pure upstream exposure in Western Canada. The business generated about CA$534 million from exploration and production, entirely in Canada, and carries a market value near CA$1.2b.

Surge Energy gives you direct leverage to higher crude in a world where war related supply disruptions are squeezing barrels. The stock offers 100% upstream revenue, a 4.4% dividend and a CA$1.2b equity value, yet its appeal still hinges on how one pressure point in its payout and funding mix plays out.

That trade off deserves a closer look in the analysis report for Surge Energy so you can see where Surge Energy’s payout and funding mix could be heading next.

Gaztransport & Technigaz (ENXTPA:GTT)

Gaztransport & Technigaz plugs into this integrated producers and refiners screen as a specialist behind LNG transport and storage, giving exposure to the infrastructure side of higher gas prices while still being paid through long contracts and equipment on every tank and vessel.

Gaztransport & Technigaz is a €8.2b French engineering group that supplies membrane tanks and digital tools for LNG carriers and onshore storage, with about €799 million tied to its core operations and a smaller €2.2 million hydrogen line reflecting early stage diversification.

"New international emissions regulations are accelerating fleet renewal and retrofitting cycles. This is incentivizing shipowners to replace older, higher-emission vessels with LNG and ammonia-ready carriers, which supports multi-year order visibility and underpins recurring licensing revenue."

The key variable is how one LNG project cycle risk affects pricing power and the margins currently available to investors.

That LNG project risk is exactly what full narrative for Gaztransport & Technigaz unpacks, separating short term cycle noise from the areas where Gaztransport & Technigaz earnings power could be quietly accelerating.

Seeking Fresh Alternatives Before They Fly

Markets move fast and fresh opportunities do not wait. New themes gain momentum, forgotten sectors get caught, and prices start breaking away under the radar for now. Consider acting while these moves are still developing.

• Spot early leaders in future-facing niches and track them using the 16 high quality undiscovered gems while the stories are still underfollowed and pricing risk has not fully reset.
• Target resilient cash generators by scanning the list of solid balance sheet and fundamentals (22 results) to focus on stronger finances, durable cash flows, and fewer funding surprises when conditions get rough.
• Position for infrastructure tailwinds by filtering through the 38 power grid technology and infrastructure stocks where capital spending, electrification trends, and grid upgrades could reshape earnings profiles before the crowd notices.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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