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Best Oil & Gas Equipment & Service Stocks to Buy Now (2024)
Top oil & gas equipment & service stocks in 2024 ranked by overall Zen Score. See the best oil & gas equipment & service stocks to buy now, according to analyst forecasts for the oil & gas equipment & services industry.

Industry: Oil & Gas Equipment & Ser...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PUMP
PROPETRO HOLDING CORP
NYSE
Oil & Gas Equipment & Services
$1.03B$9.64-0.31%$297.07M13.97x0.54
SDPI
SUPERIOR DRILLING PRODUCTS INC
NYSEMKT
Oil & Gas Equipment & Services
$38.29M$1.261.61%$354.59k9.00x0.72
PFIE
PROFIRE ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$66.18M$1.412.55%$11.99M7.03x0.12
RES
RPC INC
NYSE
Oil & Gas Equipment & Services
$1.46B$6.83-0.58%$313.39M9.76x0.26
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
NYSE
Oil & Gas Equipment & Services
$547.68M$20.49-0.44%$185.22M14.28x3.32
BKR
BAKER HUGHES CO
NASDAQ
Oil & Gas Equipment & Services
$32.86B$32.930.92%$3.80B18.09x1.40
WFRD
WEATHERFORD INTERNATIONAL PLC
NASDAQ
Oil & Gas Equipment & Services
$9.15B$125.100.51%$988.00M19.79x3.66
DNOW
DNOW INC
NYSE
Oil & Gas Equipment & Services
$1.49B$13.941.68%$159.00M6.39x0.48
HAL
HALLIBURTON CO
NYSE
Oil & Gas Equipment & Services
$33.07B$37.36-0.53%$4.73B12.88x1.55
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$45.30M$18.10-0.28%$20.46M3.20x0.31
MRC
MRC GLOBAL INC
NYSE
Oil & Gas Equipment & Services
$1.18B$13.90-0.22%$206.00M15.80x2.88
VAL
VALARIS LTD
NYSE
Oil & Gas Equipment & Services
$5.50B$75.970.40%$286.40M6.65x1.15
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$4.11B$51.610.84%$298.73M20.32x0.53
GEOS
GEOSPACE TECHNOLOGIES CORP
NASDAQ
Oil & Gas Equipment & Services
$134.16M$10.04-0.69%$31.98M8.16x0.11
LBRT
LIBERTY ENERGY INC
NYSE
Oil & Gas Equipment & Services
$3.85B$23.09-1.32%$1.10B8.22x0.64
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$6.47B$34.07-0.90%$761.50M18.12x0.95
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
NYSE
Oil & Gas Equipment & Services
$399.72M$9.08-1.52%$69.62M13.35x0.74
SLB
SCHLUMBERGER LIMITED
NYSE
Oil & Gas Equipment & Services
$69.05B$48.31-0.64%$8.23B15.84x1.25
NOV
NOV INC
NYSE
Oil & Gas Equipment & Services
$7.46B$18.85-0.26%$1.04B7.54x0.80
RNGR
RANGER ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$238.67M$10.43-0.48%$65.90M15.34x0.36
SLCA
US SILICA HOLDINGS INC
NYSE
Oil & Gas Equipment & Services
$1.21B$15.52-0.06%$391.40M10.28x1.37
CLB
CORE LABORATORIES INC
NYSE
Oil & Gas Equipment & Services
$851.70M$18.160.06%$71.76M22.42x1.51
BOOM
DMC GLOBAL INC
NASDAQ
Oil & Gas Equipment & Services
$258.77M$12.95-1.37%$87.78M11.77x0.64
OII
OCEANEERING INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$2.38B$23.490.00%$311.22M21.75x2.57
AESI
ATLAS ENERGY SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$2.54B$23.08-1.20%$222.18M13.42x0.82
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$3.13B$20.00-0.15%$457.77M24.10x2.02
SND
SMART SAND INC
NASDAQ
Oil & Gas Equipment & Services
$92.60M$2.18-1.14%$30.41M9.89x0.44
NGS
NATURAL GAS SERVICES GROUP INC
NYSE
Oil & Gas Equipment & Services
$289.16M$23.253.56%$47.17M30.19x1.02
FTI
TECHNIPFMC PLC
NYSE
Oil & Gas Equipment & Services
$11.45B$26.57-0.45%$885.80M54.22x2.01
KGS
KODIAK GAS SERVICES INC
NYSE
Oil & Gas Equipment & Services
$2.36B$28.02-0.43%$462.28M32.96x1.90
DRQ
DRIL-QUIP INC
NYSE
Oil & Gas Equipment & Services
$660.87M$19.20-0.16%$14.63M-30.48x0.19
DTI
DRILLING TOOLS INTERNATIONAL CORP
NASDAQ
Oil & Gas Equipment & Services
$163.73M$5.503.38%N/A13.10x0.82
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$4.50M$1.70-3.95%-$6.81M-0.40x0.21
FTK
FLOTEK INDUSTRIES INC
NYSE
Oil & Gas Equipment & Services
$102.91M$3.47-1.98%$10.29M28.92x0.50
USAC
USA COMPRESSION PARTNERS LP
NYSE
Oil & Gas Equipment & Services
$2.85B$24.360.04%$509.05M58.00x18.77
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$556.03M$4.241.68%$83.39M26.50x2.34
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$654.35M$7.681.59%$66.32M38.40x0.52
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$5.70B$108.111.46%$388.18M42.23x0.97
EFXT
ENERFLEX LTD
NYSE
Oil & Gas Equipment & Services
$644.58M$5.20-1.89%$264.36M-4.52x1.86
VTOL
BRISTOW GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.02B$35.970.33%$159.74M899.25x1.34
ACDC
PROFRAC HOLDING CORP
NASDAQ
Oil & Gas Equipment & Services
$1.43B$8.952.76%$475.40M-9.62x1.38
FET
FORUM ENERGY TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$223.81M$18.22-1.73%$48.56M-7.75x1.29
XPRO
EXPRO GROUP HOLDINGS NV
NYSE
Oil & Gas Equipment & Services
$2.36B$21.321.57%$215.29M-125.41x0.55
HLX
HELIX ENERGY SOLUTIONS GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.77B$11.630.61%$178.27M-55.38x0.78
OIS
OIL STATES INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$296.03M$4.61-1.28%$67.71M-115.25x0.47
KLXE
KLX ENERGY SERVICES HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$96.23M$5.71-3.96%$105.40M-7.04x28.44
DWSN
DAWSON GEOPHYSICAL CO
NASDAQ
Oil & Gas Equipment & Services
$52.07M$1.697.71%$1.75M-7.04x1.12
ENSV
ENSERVCO CORP
NYSEMKT
Oil & Gas Equipment & Services
$5.86M$0.212.42%-$680.00k-0.68x36.89
NINE
NINE ENERGY SERVICE INC
NYSE
Oil & Gas Equipment & Services
$65.35M$1.85-3.65%$70.25M-1.81x-9.78

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in May 2024?

According to Zen Score, the 3 best oil & gas equipment & service stocks to buy right now are:

1. Propetro Holding (NYSE:PUMP)


Propetro Holding (NYSE:PUMP) is the top oil & gas equipment & service stock with a Zen Score of 58, which is 24 points higher than the oil & gas equipment & service industry average of 34. It passed 18 out of 33 due diligence checks and has strong fundamentals. Propetro Holding has seen its stock return 43.45% over the past year, overperforming other oil & gas equipment & service stocks by 9 percentage points.

Propetro Holding has an average 1 year price target of $12.00, an upside of 24.48% from Propetro Holding's current stock price of $9.64.

Propetro Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Propetro Holding, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Superior Drilling Products (NYSEMKT:SDPI)


Superior Drilling Products (NYSEMKT:SDPI) is the second best oil & gas equipment & service stock with a Zen Score of 54, which is 20 points higher than the oil & gas equipment & service industry average of 34. It passed 17 out of 33 due diligence checks and has strong fundamentals. Superior Drilling Products has seen its stock return 28.57% over the past year, underperforming other oil & gas equipment & service stocks by -6 percentage points.

3. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the third best oil & gas equipment & service stock with a Zen Score of 53, which is 19 points higher than the oil & gas equipment & service industry average of 34. It passed 16 out of 33 due diligence checks and has strong fundamentals. Profire Energy has seen its stock return 2.55% over the past year, underperforming other oil & gas equipment & service stocks by -32 percentage points.

What are the oil & gas equipment & service stocks with highest dividends?

Out of 15 oil & gas equipment & service stocks that have issued dividends in the past year, the 3 oil & gas equipment & service stocks with the highest dividend yields are:

1. Usa Compression Partners (NYSE:USAC)


Usa Compression Partners (NYSE:USAC) has an annual dividend yield of 8.62%, which is 7 percentage points higher than the oil & gas equipment & service industry average of 2.05%. Usa Compression Partners's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Usa Compression Partners's dividend has shown consistent growth over the last 10 years.

Usa Compression Partners's dividend payout ratio of 500% indicates that its high dividend yield might not be sustainable for the long-term.

2. Solaris Oilfield Infrastructure (NYSE:SOI)


Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 5.07%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.05%. Solaris Oilfield Infrastructure's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Solaris Oilfield Infrastructure's dividend has shown consistent growth over the last 10 years.

Solaris Oilfield Infrastructure's dividend payout ratio of 67.6% indicates that its high dividend yield is sustainable for the long-term.

3. Archrock (NYSE:AROC)


Archrock (NYSE:AROC) has an annual dividend yield of 3.2%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.05%. Archrock's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Archrock's dividend has shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 75.3% indicates that its dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks up?

Oil & gas equipment & service stocks were up 0.21% in the last day, and up 1.51% over the last week.

We couldn't find a catalyst for why oil & gas equipment & service stocks are up.

What are the most undervalued oil & gas equipment & service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued oil & gas equipment & service stocks right now are:

1. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Profire Energy has a valuation score of 86, which is 53 points higher than the oil & gas equipment & service industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 2.55% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -32 percentage points.

2. Ncs Multistage Holdings (NASDAQ:NCSM)


Ncs Multistage Holdings (NASDAQ:NCSM) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Ncs Multistage Holdings has a valuation score of 71, which is 38 points higher than the oil & gas equipment & service industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has dropped -3.26% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -38 percentage points.

3. Us Silica Holdings (NYSE:SLCA)


Us Silica Holdings (NYSE:SLCA) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Us Silica Holdings has a valuation score of 71, which is 38 points higher than the oil & gas equipment & service industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Us Silica Holdings's stock has gained 27.11% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -8 percentage points.

Are oil & gas equipment & service stocks a good buy now?

61.11% of oil & gas equipment & service stocks rated by analysts are a strong buy right now. On average, analysts expect oil & gas equipment & service stocks to rise by 18.82% over the next year.

What is the average p/e ratio of the oil & gas equipment & services industry?

The average P/E ratio of the oil & gas equipment & services industry is 20.34x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.