The Houston area specifically has benefited greatly lately.

Once viewed primarily as cyclical or speculative, modern oil and gas is increasingly evaluated by investors as a cash-flowing real asset.

Natural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks to replace flows from Russia.

Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, pumps about 4.5% of global oil supplies. Iran's output is about 3.3 million barrels per day of crude, plus 1.3 million bpd of condensate and other liquids.

With that in mind, here are the top oil and gas stocks to buy for 2026:

This story was originally published by Capital & Main. A unique aerial measurement campaign found that emission inventories compiled by energy companies to account for planet-warming methane leaking