Zacks Equity Research identifies APA Corp., W&T Offshore and Ring Energy as attractive stocks within the U.S. oil and gas exploration and production industry, backed by rising 2026 earnings estimates. The industry's aggregate 2026 earnings estimates have climbed 34.6% over the past year, and its Zacks Industry Rank of 104 places it in the top 42% of 247 Zacks industries. W&T Offshore's 2026 loss estimate has narrowed from 32 cents to 12 cents per share over the past 60 days, implying 67.6% year-over-year growth, while Ring Energy's 2026 earnings estimate has risen from 22 cents to 30 cents per share, indicating 57.9% growth. APA Corp.'s 2026 earnings estimate has increased from $4.28 to $5.60 per share, reflecting 48.5% growth. The industry benefits from firm crude prices that lift cash flow, though rising costs and weak natural gas prices pose headwinds.
APA Corporation2026 earnings estimate raised from $4.28 to $5.60 per share, reflecting 48.5% growth.
Ring Energy Inc2026 earnings estimate raised from 22 cents to 30 cents per share, indicating 57.9% growth.
W&T Offshore Inc2026 loss estimate narrowed from 32 cents to 12 cents per share, implying 67.6% year-over-year growth.