Best ASX Energy Stocks to Invest In
AI-curated Energy stock ideas for the Australian (ASX) market, each with a buy signal, future-value target and a short thesis. Refreshed every weekday from end-of-day data.
20 picks · prices as of close 2026-10-27
Woodside Energy Group Ltd
Large-scale LNG exposure, improving earnings, and Scarborough nearing first cargo support upside.
▸Strong year-to-date momentum and Scarborough project catalyst.
Santos Limited
Strong cash generation, LNG exposure, and potential energy-security rerating offer attractive forward value.
▸Positive sector momentum and potential breakout above A$8.
Ampol Limited
Defensive fuel retail, refining-margin recovery, and valuation rerating support durable upside.
▸UBS upgraded shares and raised its price target.
Origin Energy Limited
Integrated generation and retail earnings provide resilience amid rising electricity demand from data centres.
▸Steady uptrend, strong volume, and potential breakout above A$12.
AGL Energy Limited
Improving earnings, generation exposure, and renewed momentum support further valuation expansion.
▸Breakout followed strong earnings and elevated trading volume.
Whitehaven Coal Limited
Large coal production base and supportive commodity pricing create cash-flow upside.
▸Energy-sector leadership and commodity-price support.
Beach Energy Limited
Oil and gas production growth offers recovery potential after operational weakness.
▸Strong daily momentum but technically overbought.
Amplitude Energy Limited
Domestic production growth and valuation discount create substantial recovery potential.
▸Morgans reiterated Buy with substantial target upside.
South32 Limited
Diversified commodities exposure and improving energy-related prices support earnings recovery.
▸Commodity recovery and diversified operating portfolio.
New Hope Corporation Limited
Coal exposure, strong balance sheet, and shareholder distributions offer value support.
▸Cash generation and supportive thermal-coal pricing.
Yancoal Australia Ltd
Low-cost coal operations and substantial cash returns provide attractive cyclical upside.
▸Strong coal prices and robust shareholder distributions.
News Corporation
Energy exposure through Dow Jones and diversified assets adds defensive earnings support.
▸Diversified cash flows, but direct energy exposure remains limited.
Magellan Financial Group Limited
Energy-sector holdings and potential funds-management recovery provide valuation optionality.
▸Potential funds-flow recovery, though momentum remains mixed.
Strike Energy Limited
Domestic gas development offers high operating leverage to tightening Australian supply.
▸Gas-development milestones could trigger substantial re-rating.
Bass Oil Limited
Small-cap production growth offers leveraged upside if operations and oil prices improve.
▸High operational leverage, but limited liquidity increases risk.
Elixir Energy Limited
Gas exploration and development assets provide asymmetric upside from successful drilling outcomes.
▸Exploration milestones provide near-term speculative catalyst.
Province Resources Limited
Hydrogen and renewable-energy development offers long-term optionality despite execution risk.
▸Project approvals and financing could re-rate the stock.
Morphic Ethical Equities Fund Limited
Energy-transition mineral exposure may benefit from improving critical-minerals sentiment.
▸Exploration updates could attract speculative institutional interest.
Horizon Oil Limited
Oil production and development assets offer value leverage to sustained crude prices.
▸Higher oil prices improve cash-flow and development economics.
EVE Health Group Limited
Energy-adjacent resource optionality provides speculative upside from asset development progress.
▸Very small-cap catalyst profile with limited liquidity.