WallStreetZenWallStreetZen

Sectors & IndustriesEnergyOil & Gas Equipment & Services
Best Oil & Gas Equipment & Service Stocks to Buy Now (2023)
Top oil & gas equipment & service stocks in 2023 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
TH
TARGET HOSPITALITY CORP
NASDAQ
Oil & Gas Equipment & Services
$1.68B$16.61-2.81%$221.08M21.86x2.84
NEX
NEXTIER OILFIELD SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$1.76B$7.53-5.28%$577.17M5.84x1.19
LBRT
LIBERTY ENERGY INC
NYSE
Oil & Gas Equipment & Services
$2.12B$12.04-6.30%$748.29M5.55x0.72
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$9.14M$0.34-3.41%$14.24M0.77x0.18
MRC
MRC GLOBAL INC
NYSE
Oil & Gas Equipment & Services
$757.07M$9.05-2.27%$173.00M14.84x3.91
HAL
HALLIBURTON CO
NYSE
Oil & Gas Equipment & Services
$27.54B$30.46-4.63%$3.40B17.51x1.92
MARPS
MARINE PETROLEUM TRUST
NASDAQ
Oil & Gas Equipment & Services
$14.16M$7.080.85%N/A8.33x0.00
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$2.97B$37.49-2.72%$172.01M20.49x0.71
PFIE
PROFIRE ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$58.23M$1.23-1.60%$6.79M15.38x0.16
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
NYSE
Oil & Gas Equipment & Services
$380.11M$8.05-3.01%$59.88M12.58x0.67
RNGR
RANGER ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$247.72M$9.952.26%$67.70M15.08x0.43
PUMP
PROPETRO HOLDING CORP
NYSE
Oil & Gas Equipment & Services
$818.04M$7.11-5.70%$137.10M355.50x0.40
NINE
NINE ENERGY SERVICE INC
NYSE
Oil & Gas Equipment & Services
$193.05M$5.56-7.64%$96.34M11.83x-19.16
RES
RPC INC
NYSE
Oil & Gas Equipment & Services
$1.72B$7.92-3.41%$373.91M7.84x0.32
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
NYSE
Oil & Gas Equipment & Services
$444.40M$15.97-1.48%$171.62M8.63x2.20
SLB
SCHLUMBERGER LIMITED
NYSE
Oil & Gas Equipment & Services
$67.32B$47.40-1.82%$6.86B19.51x1.42
DNOW
NOW INC
NYSE
Oil & Gas Equipment & Services
$1.15B$10.40-1.23%$157.00M9.12x0.57
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$5.07B$25.50-4.53%$482.30M33.12x1.01
SLCA
US SILICA HOLDINGS INC
NYSE
Oil & Gas Equipment & Services
$859.41M$11.291.35%$322.10M10.86x2.17
WTTR
SELECT ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$753.66M$6.00-5.21%$167.65M11.76x0.44
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$51.96M$21.301.44%$4.58M-47.34x0.32
NOV
NOV INC
NYSE
Oil & Gas Equipment & Services
$6.92B$17.62-3.98%$617.00M44.05x0.98
FET
FORUM ENERGY TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$248.38M$24.12-3.64%$78.85M37.11x1.72
GEOS
GEOSPACE TECHNOLOGIES CORP
NASDAQ
Oil & Gas Equipment & Services
$85.35M$6.503.17%$3.01M-5.20x0.14
CLB
CORE LABORATORIES N V
NYSE
Oil & Gas Equipment & Services
$970.45M$20.81-1.56%$58.48M49.55x2.11
BKR
BAKER HUGHES CO
NASDAQ
Oil & Gas Equipment & Services
$27.34B$27.04-3.57%$1.31B-44.33x1.37
DRQ
DRIL-QUIP INC
NYSE
Oil & Gas Equipment & Services
$954.08M$27.92-2.31%$36.41M2,792.00x0.11
WFRD
WEATHERFORD INTERNATIONAL PLC
NASDAQ
Oil & Gas Equipment & Services
$3.86B$54.52-2.78%$641.00M147.35x7.79
GIFI
GULF ISLAND FABRICATION INC
NASDAQ
Oil & Gas Equipment & Services
$65.29M$4.10-0.73%-$4.78M-6.51x0.33
NGS
NATURAL GAS SERVICES GROUP INC
NYSE
Oil & Gas Equipment & Services
$123.37M$9.932.58%$17.29M-23.64x0.30
SDPI
SUPERIOR DRILLING PRODUCTS INC
NYSEMKT
Oil & Gas Equipment & Services
$26.61M$0.912.59%$3.47M22.75x1.18
USAC
USA COMPRESSION PARTNERS LP
NYSE
Oil & Gas Equipment & Services
$1.99B$20.22-1.56%$406.06M-106.42x-19.82
OII
OCEANEERING INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$1.70B$16.94-4.78%$238.24M65.15x2.90
SND
SMART SAND INC
NASDAQ
Oil & Gas Equipment & Services
$78.83M$1.72-1.71%$24.98M-86.00x0.48
KLXE
KLX ENERGY SERVICES HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$196.89M$12.00-2.60%$89.30M-44.44x-30.49
XPRO
EXPRO GROUP HOLDINGS NV
NYSE
Oil & Gas Equipment & Services
$1.96B$17.97-3.75%$161.11M-99.83x0.51
AESI
ATLAS ENERGY SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
N/A$16.410.31%$263.02MN/A0.47
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$1.49B$9.50-2.96%$329.31M33.93x2.02
MTRX
MATRIX SERVICE CO
NASDAQ
Oil & Gas Equipment & Services
$130.86M$4.84-3.78%-$44.55M-2.15x1.29
CCLP
CSI COMPRESSCO LP
NASDAQ
Oil & Gas Equipment & Services
$184.06M$1.301.56%$111.43M-8.13x-29.58
BOOM
DMC GLOBAL INC
NASDAQ
Oil & Gas Equipment & Services
$416.65M$21.23-2.17%$79.02M29.49x0.82
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$2.11B$41.74-3.42%$98.85M-85.18x0.50
DWSN
DAWSON GEOPHYSICAL CO
NASDAQ
Oil & Gas Equipment & Services
$44.53M$1.877.78%-$10.52M-2.17x0.47
OIS
OIL STATES INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$488.86M$7.65-4.49%$73.85M-51.00x0.54
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$331.95M$2.58-3.73%$60.06M43.00x3.05
TUSK
MAMMOTH ENERGY SERVICES INC
NASDAQ
Oil & Gas Equipment & Services
$203.44M$4.30-6.93%$88.77M-430.00x0.57
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$350.73M$3.91-2.25%$29.19M-17.77x0.69
HHRS
HAMMERHEAD ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$673.91M$7.01-5.01%$218.12M7.15x0.31
VTOL
BRISTOW GROUP INC
NYSE
Oil & Gas Equipment & Services
$585.46M$20.90-0.76%$124.26M-38.00x1.30
IONR
IONEER LTD
NASDAQ
Oil & Gas Equipment & Services
$415.16M$7.91-0.89%-$5.44M-0.51x0.03
VAL
VALARIS LTD
NYSE
Oil & Gas Equipment & Services
$4.70B$62.58-3.23%$347.10M26.63x1.21
FTI
TECHNIPFMC PLC
NYSE
Oil & Gas Equipment & Services
$5.76B$13.03-3.77%$514.10M-54.29x1.90
HLX
HELIX ENERGY SOLUTIONS GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.13B$7.42-2.75%$86.46M-12.79x0.58
FTK
FLOTEK INDUSTRIES INC
NYSE
Oil & Gas Equipment & Services
$60.84M$0.79-6.55%-$33.83M-1.48x7.00
ACDC
PROFRAC HOLDING CORP
NASDAQ
Oil & Gas Equipment & Services
$1.78B$11.50-3.60%N/AN/A-1.29
ENSV
ENSERVCO CORP
NYSEMKT
Oil & Gas Equipment & Services
$5.52M$0.478.60%-$706.00k-0.75x7.09
ATLX
ATLAS LITHIUM CORP
NASDAQ
Oil & Gas Equipment & Services
N/A$16.11-3.76%-$3.05MN/A2.48

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Mar 2023?

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

1. Target Hospitality (NASDAQ:TH)


Target Hospitality (NASDAQ:TH) is the top oil & gas equipment & service stock with a Zen Score of 74, which is 41 points higher than the oil & gas equipment & service industry average of 33. It passed 25 out of 33 due diligence checks and has strong fundamentals. Target Hospitality has seen its stock return 203.1% over the past year, overperforming other oil & gas equipment & service stocks by 210 percentage points.

Target Hospitality has an average 1 year price target of $22.00, an upside of 32.45% from Target Hospitality's current stock price of $16.61.

Target Hospitality stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Target Hospitality, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Nextier Oilfield Solutions (NYSE:NEX)


Nextier Oilfield Solutions (NYSE:NEX) is the second best oil & gas equipment & service stock with a Zen Score of 70, which is 37 points higher than the oil & gas equipment & service industry average of 33. It passed 23 out of 33 due diligence checks and has strong fundamentals. Nextier Oilfield Solutions has seen its stock lose -14.04% over the past year, underperforming other oil & gas equipment & service stocks by -7 percentage points.

Nextier Oilfield Solutions has an average 1 year price target of $13.38, an upside of 77.62% from Nextier Oilfield Solutions's current stock price of $7.53.

Nextier Oilfield Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Nextier Oilfield Solutions, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Liberty Energy (NYSE:LBRT)


Liberty Energy (NYSE:LBRT) is the third best oil & gas equipment & service stock with a Zen Score of 65, which is 32 points higher than the oil & gas equipment & service industry average of 33. It passed 25 out of 38 due diligence checks and has strong fundamentals. Liberty Energy has seen its stock lose -16.1% over the past year, underperforming other oil & gas equipment & service stocks by -9 percentage points.

Liberty Energy has an average 1 year price target of $21.50, an upside of 78.57% from Liberty Energy's current stock price of $12.04.

Liberty Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Liberty Energy, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% 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 16 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. Marine Petroleum Trust (NASDAQ:MARPS)


Marine Petroleum Trust (NASDAQ:MARPS) has an annual dividend yield of 12.19%, which is 9 percentage points higher than the oil & gas equipment & service industry average of 3.25%. Marine Petroleum Trust's dividend payout is not stable, having dropped more than 10% sixteen times in the last 10 years. Marine Petroleum Trust's dividend has not shown consistent growth over the last 10 years.

Marine Petroleum Trust's dividend payout ratio of 95.4% indicates that its high dividend yield might not be sustainable for the long-term.

2. Usa Compression Partners (NYSE:USAC)


Usa Compression Partners (NYSE:USAC) has an annual dividend yield of 10.39%, which is 7 percentage points higher than the oil & gas equipment & service industry average of 3.25%. 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 -1,105.3% indicates that its high dividend yield might not be sustainable for the long-term.

3. Archrock (NYSE:AROC)


Archrock (NYSE:AROC) has an annual dividend yield of 6.16%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 3.25%. Archrock's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Archrock's dividend has not shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 208.9% indicates that its high 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 -2.66% in the last day, and up 0.12% 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 WallStreetZen's Valuation Score, the 3 most undervalued oil & gas equipment & service stocks right now are:

1. Recon Technology (NASDAQ:RCON)


Recon Technology (NASDAQ:RCON) is the most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Recon Technology has a valuation score of 71, which is 42 points higher than the oil & gas equipment & service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Recon Technology's stock has dropped -70.18% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -63 percentage points.

2. Marine Petroleum Trust (NASDAQ:MARPS)


Marine Petroleum Trust (NASDAQ:MARPS) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Marine Petroleum Trust has a valuation score of 71, which is 42 points higher than the oil & gas equipment & service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Marine Petroleum Trust's stock has dropped -42.49% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -36 percentage points.

3. Mrc Global (NYSE:MRC)


Mrc Global (NYSE:MRC) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Mrc Global has a valuation score of 71, which is 42 points higher than the oil & gas equipment & service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Mrc Global's stock has dropped -22.32% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -15 percentage points.

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

44.9% 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 44.85% 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 22.18x.
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.