Sectors & Industries EnergyOil & 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...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
TH	TARGET HOSPITALITY CORP	NASDAQ	Oil & Gas Equipment & Services	$1.68B	$16.61	-2.81%	$221.08M	21.86x	2.84
NEX	NEXTIER OILFIELD SOLUTIONS INC	NYSE	Oil & Gas Equipment & Services	$1.76B	$7.53	-5.28%	$577.17M	5.84x	1.19
LBRT	LIBERTY ENERGY INC	NYSE	Oil & Gas Equipment & Services	$2.12B	$12.04	-6.30%	$748.29M	5.55x	0.72
RCON	RECON TECHNOLOGY LTD	NASDAQ	Oil & Gas Equipment & Services	$9.14M	$0.34	-3.41%	$14.24M	0.77x	0.18
MRC	MRC GLOBAL INC	NYSE	Oil & Gas Equipment & Services	$757.07M	$9.05	-2.27%	$173.00M	14.84x	3.91
HAL	HALLIBURTON CO	NYSE	Oil & Gas Equipment & Services	$27.54B	$30.46	-4.63%	$3.40B	17.51x	1.92
MARPS	MARINE PETROLEUM TRUST	NASDAQ	Oil & Gas Equipment & Services	$14.16M	$7.08	0.85%	N/A	8.33x	0.00
WHD	CACTUS INC	NYSE	Oil & Gas Equipment & Services	$2.97B	$37.49	-2.72%	$172.01M	20.49x	0.71
PFIE	PROFIRE ENERGY INC	NASDAQ	Oil & Gas Equipment & Services	$58.23M	$1.23	-1.60%	$6.79M	15.38x	0.16
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	NYSE	Oil & Gas Equipment & Services	$380.11M	$8.05	-3.01%	$59.88M	12.58x	0.67
RNGR	RANGER ENERGY SERVICES INC	NYSE	Oil & Gas Equipment & Services	$247.72M	$9.95	2.26%	$67.70M	15.08x	0.43
PUMP	PROPETRO HOLDING CORP	NYSE	Oil & Gas Equipment & Services	$818.04M	$7.11	-5.70%	$137.10M	355.50x	0.40
NINE	NINE ENERGY SERVICE INC	NYSE	Oil & Gas Equipment & Services	$193.05M	$5.56	-7.64%	$96.34M	11.83x	-19.16
RES	RPC INC	NYSE	Oil & Gas Equipment & Services	$1.72B	$7.92	-3.41%	$373.91M	7.84x	0.32
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	NYSE	Oil & Gas Equipment & Services	$444.40M	$15.97	-1.48%	$171.62M	8.63x	2.20
SLB	SCHLUMBERGER LIMITED	NYSE	Oil & Gas Equipment & Services	$67.32B	$47.40	-1.82%	$6.86B	19.51x	1.42
DNOW	NOW INC	NYSE	Oil & Gas Equipment & Services	$1.15B	$10.40	-1.23%	$157.00M	9.12x	0.57
CHX	CHAMPIONX CORP	NASDAQ	Oil & Gas Equipment & Services	$5.07B	$25.50	-4.53%	$482.30M	33.12x	1.01
SLCA	US SILICA HOLDINGS INC	NYSE	Oil & Gas Equipment & Services	$859.41M	$11.29	1.35%	$322.10M	10.86x	2.17
WTTR	SELECT ENERGY SERVICES INC	NYSE	Oil & Gas Equipment & Services	$753.66M	$6.00	-5.21%	$167.65M	11.76x	0.44
NCSM	NCS MULTISTAGE HOLDINGS INC	NASDAQ	Oil & Gas Equipment & Services	$51.96M	$21.30	1.44%	$4.58M	-47.34x	0.32
NOV	NOV INC	NYSE	Oil & Gas Equipment & Services	$6.92B	$17.62	-3.98%	$617.00M	44.05x	0.98
FET	FORUM ENERGY TECHNOLOGIES INC	NYSE	Oil & Gas Equipment & Services	$248.38M	$24.12	-3.64%	$78.85M	37.11x	1.72
GEOS	GEOSPACE TECHNOLOGIES CORP	NASDAQ	Oil & Gas Equipment & Services	$85.35M	$6.50	3.17%	$3.01M	-5.20x	0.14
CLB	CORE LABORATORIES N V	NYSE	Oil & Gas Equipment & Services	$970.45M	$20.81	-1.56%	$58.48M	49.55x	2.11
BKR	BAKER HUGHES CO	NASDAQ	Oil & Gas Equipment & Services	$27.34B	$27.04	-3.57%	$1.31B	-44.33x	1.37
DRQ	DRIL-QUIP INC	NYSE	Oil & Gas Equipment & Services	$954.08M	$27.92	-2.31%	$36.41M	2,792.00x	0.11
WFRD	WEATHERFORD INTERNATIONAL PLC	NASDAQ	Oil & Gas Equipment & Services	$3.86B	$54.52	-2.78%	$641.00M	147.35x	7.79
GIFI	GULF ISLAND FABRICATION INC	NASDAQ	Oil & Gas Equipment & Services	$65.29M	$4.10	-0.73%	-$4.78M	-6.51x	0.33
NGS	NATURAL GAS SERVICES GROUP INC	NYSE	Oil & Gas Equipment & Services	$123.37M	$9.93	2.58%	$17.29M	-23.64x	0.30
SDPI	SUPERIOR DRILLING PRODUCTS INC	NYSEMKT	Oil & Gas Equipment & Services	$26.61M	$0.91	2.59%	$3.47M	22.75x	1.18
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%	$238.24M	65.15x	2.90
SND	SMART SAND INC	NASDAQ	Oil & Gas Equipment & Services	$78.83M	$1.72	-1.71%	$24.98M	-86.00x	0.48
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	-99.83x	0.51
AESI	ATLAS ENERGY SOLUTIONS INC	NYSE	Oil & Gas Equipment & Services	N/A	$16.41	0.31%	$263.02M	N/A	0.47
AROC	ARCHROCK INC	NYSE	Oil & Gas Equipment & Services	$1.49B	$9.50	-2.96%	$329.31M	33.93x	2.02
MTRX	MATRIX SERVICE CO	NASDAQ	Oil & Gas Equipment & Services	$130.86M	$4.84	-3.78%	-$44.55M	-2.15x	1.29
CCLP	CSI COMPRESSCO LP	NASDAQ	Oil & Gas Equipment & Services	$184.06M	$1.30	1.56%	$111.43M	-8.13x	-29.58
BOOM	DMC GLOBAL INC	NASDAQ	Oil & Gas Equipment & Services	$416.65M	$21.23	-2.17%	$79.02M	29.49x	0.82
TDW	TIDEWATER INC	NYSE	Oil & Gas Equipment & Services	$2.11B	$41.74	-3.42%	$98.85M	-85.18x	0.50
DWSN	DAWSON GEOPHYSICAL CO	NASDAQ	Oil & Gas Equipment & Services	$44.53M	$1.87	7.78%	-$10.52M	-2.17x	0.47
OIS	OIL STATES INTERNATIONAL INC	NYSE	Oil & Gas Equipment & Services	$488.86M	$7.65	-4.49%	$73.85M	-51.00x	0.54
TTI	TETRA TECHNOLOGIES INC	NYSE	Oil & Gas Equipment & Services	$331.95M	$2.58	-3.73%	$60.06M	43.00x	3.05
TUSK	MAMMOTH ENERGY SERVICES INC	NASDAQ	Oil & Gas Equipment & Services	$203.44M	$4.30	-6.93%	$88.77M	-430.00x	0.57
NR	NEWPARK RESOURCES INC	NYSE	Oil & Gas Equipment & Services	$350.73M	$3.91	-2.25%	$29.19M	-17.77x	0.69
HHRS	HAMMERHEAD ENERGY INC	NASDAQ	Oil & Gas Equipment & Services	$673.91M	$7.01	-5.01%	$218.12M	7.15x	0.31
VTOL	BRISTOW GROUP INC	NYSE	Oil & Gas Equipment & Services	$585.46M	$20.90	-0.76%	$124.26M	-38.00x	1.30
IONR	IONEER LTD	NASDAQ	Oil & Gas Equipment & Services	$415.16M	$7.91	-0.89%	-$5.44M	-0.51x	0.03
VAL	VALARIS LTD	NYSE	Oil & Gas Equipment & Services	$4.70B	$62.58	-3.23%	$347.10M	26.63x	1.21
FTI	TECHNIPFMC PLC	NYSE	Oil & Gas Equipment & Services	$5.76B	$13.03	-3.77%	$514.10M	-54.29x	1.90
HLX	HELIX ENERGY SOLUTIONS GROUP INC	NYSE	Oil & Gas Equipment & Services	$1.13B	$7.42	-2.75%	$86.46M	-12.79x	0.58
FTK	FLOTEK INDUSTRIES INC	NYSE	Oil & Gas Equipment & Services	$60.84M	$0.79	-6.55%	-$33.83M	-1.48x	7.00
ACDC	PROFRAC HOLDING CORP	NASDAQ	Oil & Gas Equipment & Services	$1.78B	$11.50	-3.60%	N/A	N/A	-1.29
ENSV	ENSERVCO CORP	NYSEMKT	Oil & Gas Equipment & Services	$5.52M	$0.47	8.60%	-$706.00k	-0.75x	7.09
ATLX	ATLAS LITHIUM CORP	NASDAQ	Oil & Gas Equipment & Services	N/A	$16.11	-3.76%	-$3.05M	N/A	2.48

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.