Top 5 Best Natural Gas Stocks to Buy in 2026
Posted on
Investing
Posted at
Jan 6, 2026
Cheniere Energy (LNG)
Cheniere Energy stands out as a leader in the liquefied natural gas (LNG) industry, operating key terminals like Sabine Pass and Corpus Christi in the United States. The company's focus on LNG exports positions it to capitalize on global demand surges, especially as new export capacities come online in 2026. With American LNG exports expected to support higher natural gas prices, Cheniere is well-placed for growth. Analysts forecast an average price target of around $268-$272, representing approximately 35-37% upside from its current price near $198. This potential stems from projected free cash flow expansion and strategic investments in infrastructure, making it a top pick for investors seeking high-growth exposure in natural gas.
Energy Transfer (ET)
Energy Transfer is a major midstream player with an extensive network of pipelines and storage facilities handling natural gas and other energy products. The company's recent acquisitions and focus on expanding capacity align with rising domestic and international demand. Earnings per unit are expected to grow by 15.25% in 2026, supported by sales increases of over 26%. Analysts see about 30% upside potential over the next couple of years, with the stock currently trading around $16. This growth trajectory is bolstered by stable fee-based revenues and the broader energy transition, positioning Energy Transfer as a strong contender for appreciation in 2026.
ONEOK (OKE)
ONEOK specializes in natural gas liquids (NGLs) transportation and processing, with a vast midstream infrastructure across key U.S. basins. The company's operations benefit from increasing NGL demand tied to petrochemicals and exports. Earnings growth is projected at 9.48% for 2026, with sales rising by nearly 18%. Analysts' median price target of $89 suggests roughly 25% upside from the current level around $71. ONEOK's predictable cash flows and dividend yield make it appealing for growth-oriented investors, especially as natural gas infrastructure expands to meet AI-driven power needs.
EQT Corporation (EQT)
EQT is the largest natural gas producer in the United States, with significant assets in the Appalachian Basin. Its integrated operations provide resilience against price volatility through hedging and midstream involvement. The company is set to benefit from catalysts like data center energy demands and new LNG terminals, driving production growth. While specific 2026 targets vary, analysts anticipate meaningful upside, potentially around 25%, from current prices in the mid-$30s to low $40s, fueled by free cash flow generation and market positioning. EQT's scale and efficiency make it a prime candidate for appreciation as gas demand rises.
Kinder Morgan (KMI)
Kinder Morgan operates one of the largest natural gas pipeline networks in North America, offering stable, fee-based revenues with minimal commodity exposure. About 69% of its earnings come from take-or-pay contracts, ensuring predictability. The company expects its ninth consecutive dividend increase in 2026, with growth from expanding gas infrastructure. Analysts project around 12-13% upside, with targets near $30 from the current price of about $27. While the growth is more moderate compared to peers, Kinder Morgan's lower risk profile and 4.3% yield make it an attractive option for steady gains in the natural gas sector.
