Sectors & Industries EnergyOil & Gas Equipment & Services
Best Oil & Gas Equipment & Service Stocks to Buy Now (2026)
Top oil & gas equipment & service stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best oil & gas equipment & service stocks to buy now. Learn More.

Industry: Oil & Gas Equipment & Ser...

Zen Rating Price Value Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Oil & Gas Equipment & Services is Zen Rated C and is the 64th ranked industry out of 145 stock market industries

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E	Country
FET	FORUM ENERGY TECHNOLOGIES INC	NYSE	Oil & Gas Equipment & Services	$637.22M	$56.37	0.50%	$69.14M	-97.19x	1.72	United States
FLOC	FLOWCO HOLDINGS INC	NYSE	Oil & Gas Equipment & Services	$2.47B	$27.31	1.56%	$223.66M	17.97x	1.65	United States
FTI	TECHNIPFMC PLC	NYSE	Oil & Gas Equipment & Services	$28.42B	$71.28	-2.37%	$1.91B	26.80x	2.00	United Kingdom
EFXT	ENERFLEX LTD	NYSE	Oil & Gas Equipment & Services	$3.39B	$27.87	0.69%	$449.00M	40.99x	1.38	Canada (Federal Level)
HAL	HALLIBURTON CO	NYSE	Oil & Gas Equipment & Services	$34.89B	$41.76	1.14%	$3.52B	23.07x	1.33	United States
SND	SMART SAND INC	NASDAQ	Oil & Gas Equipment & Services	$204.18M	$4.75	0.42%	$28.31M	8.48x	0.43	United States
DWSN	DAWSON GEOPHYSICAL CO	NASDAQ	Oil & Gas Equipment & Services	$121.42M	$3.91	1.30%	$12.96M	26.07x	1.76	United States
RNGR	RANGER ENERGY SERVICES INC	NYSE	Oil & Gas Equipment & Services	$390.88M	$16.45	1.36%	$74.70M	24.92x	0.53	United States
VTOL	BRISTOW GROUP INC	NYSE	Oil & Gas Equipment & Services	$1.25B	$42.17	-1.06%	$261.44M	10.62x	1.27	United States
WFRD	WEATHERFORD INTERNATIONAL PLC	NASDAQ	Oil & Gas Equipment & Services	$7.83B	$108.83	-0.33%	$903.00M	16.95x	1.89	Ireland
INVX	INNOVEX INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$1.93B	$28.00	1.41%	$161.93M	36.84x	0.25	United States
HLX	HELIX ENERGY SOLUTIONS GROUP INC	NYSE	Oil & Gas Equipment & Services	$1.48B	$10.05	-0.89%	$179.61M	100.50x	0.65	United States
NGS	NATURAL GAS SERVICES GROUP INC	NYSE	Oil & Gas Equipment & Services	$534.17M	$42.40	0.74%	$81.88M	24.23x	1.10	United States
OIS	OIL STATES INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$542.34M	$9.01	-0.44%	-$52.57M	-4.77x	0.51	United States
NPKI	NPK INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$1.29B	$15.29	-2.67%	$79.47M	33.24x	0.22	United States
KLXE	KLX ENERGY SERVICES HOLDINGS INC	NASDAQ	Oil & Gas Equipment & Services	$78.05M	$3.92	-2.49%	$66.60M	-1.04x	-4.45	United States
NINE	NINE ENERGY SERVICE INC	NYSEMKT	Oil & Gas Equipment & Services	$144.24M	$10.34	-0.58%	N/A	N/A	1.43	United States
NCSM	NCS MULTISTAGE HOLDINGS INC	NASDAQ	Oil & Gas Equipment & Services	$112.04M	$42.69	-2.67%	$16.61M	5.72x	0.25	United States
BKR	BAKER HUGHES CO	NASDAQ	Oil & Gas Equipment & Services	$63.61B	$64.12	-0.76%	$5.07B	20.29x	1.63	United States
USAC	USA COMPRESSION PARTNERS LP	NYSE	Oil & Gas Equipment & Services	$4.30B	$29.67	0.54%	$627.18M	30.28x	10.79	United States
SLB	SLB LIMITED	NYSE	Oil & Gas Equipment & Services	$82.80B	$55.38	-0.66%	$7.34B	24.08x	1.04	United States
WHD	CACTUS INC	NYSE	Oil & Gas Equipment & Services	$4.57B	$56.96	-1.50%	$280.43M	52.74x	0.68	United States
OII	OCEANEERING INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$3.77B	$37.84	-2.27%	$413.34M	11.16x	1.38	United States
LBRT	LIBERTY ENERGY INC	NYSE	Oil & Gas Equipment & Services	$5.38B	$32.95	-1.20%	$724.28M	35.43x	1.28	United States
RES	RPC INC	NYSE	Oil & Gas Equipment & Services	$1.53B	$6.92	-2.26%	$216.48M	69.20x	0.35	United States
TTI	TETRA TECHNOLOGIES INC	NYSE	Oil & Gas Equipment & Services	$1.42B	$10.52	-2.23%	$84.77M	263.00x	1.31	United States
BOOM	DMC GLOBAL INC	NASDAQ	Oil & Gas Equipment & Services	$141.85M	$6.93	-5.97%	$22.22M	-5.46x	0.96	United States
DTI	DRILLING TOOLS INTERNATIONAL CORP	NASDAQ	Oil & Gas Equipment & Services	$105.77M	$3.01	-2.90%	$34.48M	-27.36x	0.87	United States
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	NYSE	Oil & Gas Equipment & Services	$440.68M	$15.29	-2.98%	$244.59M	17.62x	2.99	Canada
AROC	ARCHROCK INC	NYSE	Oil & Gas Equipment & Services	$6.56B	$37.43	0.56%	$868.96M	20.34x	1.89	United States
STAK	STAK INC	NASDAQ	Oil & Gas Equipment & Services	$14.80M	$1.12	27.27%	-$5.45M	-2.11x	1.07	China
KGS	KODIAK GAS SERVICES INC	NYSE	Oil & Gas Equipment & Services	$6.52B	$73.49	-1.00%	$575.38M	97.99x	2.83	United States
PUMP	PROPETRO HOLDING CORP	NYSE	Oil & Gas Equipment & Services	$2.14B	$17.45	2.77%	$163.79M	-158.64x	0.43	United States
LB	LANDBRIDGE CO LLC	NYSE	Oil & Gas Equipment & Services	$7.98B	$69.71	3.27%	$89.17M	57.61x	1.61	United States
FTK	FLOTEK INDUSTRIES INC	NYSE	Oil & Gas Equipment & Services	$709.44M	$19.61	-4.34%	$28.63M	23.91x	0.96	United States
TDW	TIDEWATER INC	NYSE	Oil & Gas Equipment & Services	$4.10B	$82.35	0.73%	$410.95M	13.79x	0.71	United States
NOV	NOV INC	NYSE	Oil & Gas Equipment & Services	$7.31B	$20.37	-1.16%	$729.00M	81.48x	0.79	United States
CLB	CORE LABORATORIES INC	NYSE	Oil & Gas Equipment & Services	$602.48M	$13.07	-2.97%	$68.10M	20.75x	1.16	Netherlands
WBI	WATERBRIDGE INFRASTRUCTURE LLC	NYSE	Oil & Gas Equipment & Services	$3.79B	$30.72	3.09%	N/A	N/A	2.90	United States
GEOS	GEOSPACE TECHNOLOGIES CORP	NASDAQ	Oil & Gas Equipment & Services	$97.28M	$7.52	-5.17%	-$18.33M	-3.31x	0.30	United States
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	NYSE	Oil & Gas Equipment & Services	$5.78B	$78.58	0.40%	$188.44M	83.60x	2.42	United States
DNOW	DNOW INC	NYSE	Oil & Gas Equipment & Services	$2.40B	$13.14	-1.43%	-$84.00M	-11.04x	0.83	United States
ACDC	PROFRAC HOLDING CORP	NASDAQ	Oil & Gas Equipment & Services	$1.32B	$7.28	0.00%	$98.60M	-2.85x	2.86	United States
AESI	ATLAS ENERGY SOLUTIONS INC	NYSE	Oil & Gas Equipment & Services	$2.36B	$18.87	-0.58%	$141.45M	-23.89x	0.97	United States
OMSE	OMS ENERGY TECHNOLOGIES INC	NASDAQ	Oil & Gas Equipment & Services	$202.45M	$4.57	2.93%	$45.14M	N/A	0.20	Singapore
RCON	RECON TECHNOLOGY LTD	NASDAQ	Oil & Gas Equipment & Services	$19.60M	$0.64	3.23%	-$2.82M	-1.47x	0.20	China
LSE	LEISHEN ENERGY HOLDING CO LTD	NASDAQ	Oil & Gas Equipment & Services	$78.66M	$4.62	0.70%	$1.38M	57.75x	0.53	China
XPRO	EXPRO GROUP HOLDINGS NV	NYSE	Oil & Gas Equipment & Services	$1.80B	$15.85	-1.12%	$283.75M	49.53x	0.48	Netherlands
VAL	VALARIS LTD	NYSE	Oil & Gas Equipment & Services	$7.30B	$105.43	2.09%	$667.10M	7.41x	0.70	Bermuda

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in May 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best oil & gas equipment & service stocks to buy right now are:

1. Forum Energy Technologies (NYSE:FET)

Forum Energy Technologies (NYSE:FET) is the #1 top oil & gas equipment & service stock out of 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Forum Energy Technologies (NYSE:FET) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -15 points lower than the oil & gas equipment & service industry average of 33. Although this number is below the industry average, our proven quant model rates FET as a "A".

FET passed 5 out of 33 due diligence checks and has weak fundamentals. Forum Energy Technologies has seen its stock return 254.97% over the past year, overperforming other oil & gas equipment & service stocks by 182 percentage points.

2. Flowco Holdings (NYSE:FLOC)

Flowco Holdings (NYSE:FLOC) is the #2 top oil & gas equipment & service stock out of 49 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Flowco Holdings (NYSE:FLOC) is: Value: C, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 26, which is -7 points lower than the oil & gas equipment & service industry average of 33. Although this number is below the industry average, our proven quant model rates FLOC as a "B".

FLOC passed 10 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock return 40.92% over the past year, underperforming other oil & gas equipment & service stocks by -32 percentage points.

Flowco Holdings has an average 1 year price target of $28.67, an upside of 4.97% from Flowco Holdings's current stock price of $27.31.

Flowco Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Flowco Holdings, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Technipfmc (NYSE:FTI)

Technipfmc (NYSE:FTI) is the #3 top oil & gas equipment & service stock out of 49 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Technipfmc (NYSE:FTI) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: A, Financials: A, and AI: C.

Technipfmc (NYSE:FTI) has a Due Diligence Score of 45, which is 12 points higher than the oil & gas equipment & service industry average of 33.

FTI passed 18 out of 38 due diligence checks and has strong fundamentals. Technipfmc has seen its stock return 125.93% over the past year, overperforming other oil & gas equipment & service stocks by 53 percentage points.

Technipfmc has an average 1 year price target of $75.60, an upside of 6.06% from Technipfmc's current stock price of $71.28.

Technipfmc stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Technipfmc, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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

Out of 23 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 7.09%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.51%. 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 214.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Smart Sand (NASDAQ:SND)

Smart Sand (NASDAQ:SND) has an annual dividend yield of 5.26%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 1.51%.

Smart Sand's dividend payout ratio of 44.6% indicates that its high dividend yield is sustainable for the long-term.

3. Nov (NYSE:NOV)

Nov (NYSE:NOV) has an annual dividend yield of 2.58%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.51%. Nov's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Nov's dividend has shown consistent growth over the last 10 years.

Nov's dividend payout ratio of 210% indicates that its dividend yield might not be sustainable for the long-term.

Why are oil & gas equipment & service stocks down?

Oil & gas equipment & service stocks were down -0.14% in the last day, and up 4.93% over the last week.

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

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

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued oil & gas equipment & service stocks right now are:

1. North American Construction Group (NYSE:NOA)

North American Construction Group (NYSE:NOA) is the most undervalued oil & gas equipment & service stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

North American Construction Group has a valuation score of 43, which is 21 points higher than the oil & gas equipment & service industry average of 22. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -11.36% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -84 percentage points.

2. Bristow Group (NYSE:VTOL)

Bristow Group (NYSE:VTOL) is the second most undervalued oil & gas equipment & service stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Bristow Group has a valuation score of 71, which is 49 points higher than the oil & gas equipment & service industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 40.71% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -32 percentage points.

3. Ncs Multistage Holdings (NASDAQ:NCSM)

Ncs Multistage Holdings (NASDAQ:NCSM) is the third most undervalued oil & gas equipment & service stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Ncs Multistage Holdings has a valuation score of 43, which is 21 points higher than the oil & gas equipment & service industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has gained 31.76% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -41 percentage points.

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

41.18% 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 4.52% over the next year.

2.27% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 15.91% of oil & gas equipment & service stocks are rated B (Buy), 70.45% are rated C (Hold), 9.09% are rated D (Sell), and 2.27% are rated F (Strong Sell).

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 27.36x.

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.