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Best Oil & Gas Equipment & Service Stocks to Buy Now (2022)
Top oil & gas equipment & service stocks in 2022 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
$1.23B$12.66-1.86%$150.17M36.17x3.39
NEX
NEXTIER OILFIELD SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$2.17B$8.904.22%$286.70M46.84x1.57
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
NYSE
Oil & Gas Equipment & Services
$494.14M$10.613.41%$43.22M33.16x0.66
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$4.45B$21.923.15%$481.55M27.40x0.92
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$17.91M$0.66-1.35%$16.48M1.20x0.27
WTTR
SELECT ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$924.97M$8.096.59%$124.93M44.94x0.48
HAL
HALLIBURTON CO
NYSE
Oil & Gas Equipment & Services
$26.52B$29.243.98%$2.64B18.39x2.15
SLB
SCHLUMBERGER LIMITED
NYSE
Oil & Gas Equipment & Services
$58.80B$41.576.26%$5.84B22.47x1.61
RES
RPC INC
NYSE
Oil & Gas Equipment & Services
$1.72B$7.964.87%$189.92M22.11x0.37
PFIE
PROFIRE ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$42.42M$0.900.78%$1.78M45.10x0.13
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$3.45B$45.526.85%$133.02M35.56x0.82
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$533.54M$4.163.48%$58.86M52.00x2.92
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
NYSE
Oil & Gas Equipment & Services
$297.65M$10.424.30%$144.83M7.65x2.12
DNOW
NOW INC
NYSE
Oil & Gas Equipment & Services
$1.26B$11.410.62%$103.00M17.29x0.55
MARPS
MARINE PETROLEUM TRUST
NASDAQ
Oil & Gas Equipment & Services
$16.83M$8.412.41%N/A14.02x0.00
RNGR
RANGER ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$241.47M$9.73-0.82%$54.80M6.40x0.59
PUMP
PROPETRO HOLDING CORP
NYSE
Oil & Gas Equipment & Services
$1.03B$9.887.39%$76.89M-21.48x0.31
NESR
NATIONAL ENERGY SERVICES REUNITED CORP
NASDAQ
Oil & Gas Equipment & Services
$597.50M$6.542.99%$183.58M15.57x0.79
BKR
BAKER HUGHES CO
NASDAQ
Oil & Gas Equipment & Services
$24.15B$23.712.24%$1.74B-62.39x1.25
CLB
CORE LABORATORIES N V
NYSE
Oil & Gas Equipment & Services
$760.65M$16.424.65%$49.54M86.42x2.39
FET
FORUM ENERGY TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$130.55M$22.826.39%$40.14M-4.13x1.62
SDPI
SUPERIOR DRILLING PRODUCTS INC
NYSEMKT
Oil & Gas Equipment & Services
$23.10M$0.799.72%$3.02M19.75x1.33
GIFI
GULF ISLAND FABRICATION INC
NASDAQ
Oil & Gas Equipment & Services
$71.18M$4.473.47%-$231.00k-13.55x0.33
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$60.21M$25.001.30%$1.79M-24.04x0.33
LBRT
LIBERTY ENERGY INC
NYSE
Oil & Gas Equipment & Services
$2.79B$14.916.50%$318.16MN/A0.76
WFRD
WEATHERFORD INTERNATIONAL PLC
NASDAQ
Oil & Gas Equipment & Services
$2.44B$34.531.47%$364.00M-7.32x9.11
SND
SMART SAND INC
NASDAQ
Oil & Gas Equipment & Services
$78.81M$1.740.87%-$3.23M-2.90x0.58
USAC
USA COMPRESSION PARTNERS LP
NYSE
Oil & Gas Equipment & Services
$1.77B$18.03-0.22%$387.08M-60.10x-186.88
MTRX
MATRIX SERVICE CO
NASDAQ
Oil & Gas Equipment & Services
$116.54M$4.352.11%-$69.57M-1.32x0.94
BOOM
DMC GLOBAL INC
NASDAQ
Oil & Gas Equipment & Services
$361.27M$18.50-0.54%$41.41M-28.03x0.88
DRQ
DRIL-QUIP INC
NYSE
Oil & Gas Equipment & Services
$745.91M$21.700.93%-$55.96M-8.58x0.12
NOV
NOV INC
NYSE
Oil & Gas Equipment & Services
$7.24B$18.445.01%$316.00M-76.83x0.96
OIS
OIL STATES INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$284.53M$4.594.32%$37.94M-5.81x0.57
XPRO
EXPRO GROUP HOLDINGS NV
NYSE
Oil & Gas Equipment & Services
$1.61B$14.820.88%$81.21M-18.07x0.43
GEOS
GEOSPACE TECHNOLOGIES CORP
NASDAQ
Oil & Gas Equipment & Services
$59.38M$4.56-1.08%$802.00k-3.00x0.10
NGS
NATURAL GAS SERVICES GROUP INC
NYSE
Oil & Gas Equipment & Services
$131.45M$10.662.01%$16.34M-20.90x0.28
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$279.18M$2.975.69%$30.52M-14.85x0.70
MRC
MRC GLOBAL INC
NYSE
Oil & Gas Equipment & Services
$709.79M$8.492.17%$90.00M-77.18x4.37
NINE
NINE ENERGY SERVICE INC
NYSE
Oil & Gas Equipment & Services
$113.08M$3.3911.88%$42.24M-2.59x-9.54
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$1.02B$24.241.04%$109.00k-9.85x0.53
HLX
HELIX ENERGY SOLUTIONS GROUP INC
NYSE
Oil & Gas Equipment & Services
$666.09M$4.390.92%$39.64M-5.63x0.45
DWSN
DAWSON GEOPHYSICAL CO
NASDAQ
Oil & Gas Equipment & Services
$39.77M$1.672.45%-$13.78M-1.61x0.19
FTK
FLOTEK INDUSTRIES INC
NYSE
Oil & Gas Equipment & Services
$91.15M$1.199.17%-$16.77M-4.41x3.24
OII
OCEANEERING INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$961.49M$9.591.59%$153.71M-15.98x2.97
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$1.11B$7.120.56%$324.12M32.36x1.98
SLCA
US SILICA HOLDINGS INC
NYSE
Oil & Gas Equipment & Services
$932.36M$12.342.15%$191.60M-37.39x2.63
FTI
TECHNIPFMC PLC
NYSE
Oil & Gas Equipment & Services
$4.19B$9.261.87%$385.00M-16.84x1.79
EXTN
EXTERRAN CORP
NYSE
Oil & Gas Equipment & Services
$164.90M$4.952.70%$154.45M-1.93x7.82
VTOL
BRISTOW GROUP INC
NYSE
Oil & Gas Equipment & Services
$747.29M$26.756.57%$148.54M297.22x1.32
TUSK
MAMMOTH ENERGY SERVICES INC
NASDAQ
Oil & Gas Equipment & Services
$200.60M$4.249.56%$17.36M-2.94x0.56
VAL
VALARIS LTD
NYSE
Oil & Gas Equipment & Services
$4.31B$57.304.58%$229.40M92.42x1.42
PFHC
PROFRAC HOLDING CORP
NASDAQ
Oil & Gas Equipment & Services
$2.69B$18.906.78%N/AN/A-0.68
CCLP
CSI COMPRESSCO LP
NASDAQ
Oil & Gas Equipment & Services
$188.66M$1.345.20%$98.17M-3.61x-51.19
IONR
IONEER LTD
NASDAQ
Oil & Gas Equipment & Services
N/A$16.481.48%N/AN/A0.01
KLXE
KLX ENERGY SERVICES HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$122.85M$10.2613.37%N/AN/A-6.99
ENSV
ENSERVCO CORP
NYSEMKT
Oil & Gas Equipment & Services
$17.24M$1.5011.11%-$1.65M-2.03x3.71

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Oct 2022?

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 66, which is 35 points higher than the oil & gas equipment & service industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Target Hospitality has seen its stock return 214.93% over the past year, overperforming other oil & gas equipment & service stocks by 212 percentage points.

Target Hospitality has an average 1 year price target of $18.00, an upside of 42.18% from Target Hospitality's current stock price of $12.66.

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 60, which is 29 points higher than the oil & gas equipment & service industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Nextier Oilfield Solutions has seen its stock return 84.27% over the past year, overperforming other oil & gas equipment & service stocks by 81 percentage points.

Nextier Oilfield Solutions has an average 1 year price target of $13.07, an upside of 46.87% from Nextier Oilfield Solutions's current stock price of $8.90.

Nextier Oilfield Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Nextier Oilfield Solutions, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Solaris Oilfield Infrastructure (NYSE:SOI)


Solaris Oilfield Infrastructure (NYSE:SOI) is the third best oil & gas equipment & service stock with a Zen Score of 57, which is 26 points higher than the oil & gas equipment & service industry average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Solaris Oilfield Infrastructure has seen its stock return 27.37% over the past year, overperforming other oil & gas equipment & service stocks by 24 percentage points.

Solaris Oilfield Infrastructure has an average 1 year price target of $12.00, an upside of 13.1% from Solaris Oilfield Infrastructure's current stock price of $10.61.

Solaris Oilfield Infrastructure stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Solaris Oilfield Infrastructure, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 14 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 11.65%, which is 8 percentage points higher than the oil & gas equipment & service industry average of 3.28%. 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 -700% indicates that its high dividend yield might not be sustainable for the long-term.

2. Archrock (NYSE:AROC)


Archrock (NYSE:AROC) has an annual dividend yield of 8.15%, which is 5 percentage points higher than the oil & gas equipment & service industry average of 3.28%. 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 263.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Marine Petroleum Trust (NASDAQ:MARPS)


Marine Petroleum Trust (NASDAQ:MARPS) has an annual dividend yield of 8%, which is 5 percentage points higher than the oil & gas equipment & service industry average of 3.28%. Marine Petroleum Trust's dividend payout is not stable, having dropped more than 10% fifteen 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 112.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are oil & gas equipment & service stocks up?

Oil & gas equipment & service stocks were up 3.59% in the last day, and up 12.81% over the last week. Klx Energy Services Holdings was the among the top gainers in the oil & gas equipment & services industry, gaining 13.37% yesterday.

Shares of several oil and energy companies are trading higher after the OPEC+ JMMC reportedly agreed to production cuts of 2 million barrels per day. Additionally, better-than-expected crude inventories data has also helped life the sector in today's session.

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 45 points higher than the oil & gas equipment & service industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Recon Technology's stock has dropped -75.59% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -79 percentage points.

2. Championx (NASDAQ:CHX)


Championx (NASDAQ:CHX) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Championx has a valuation score of 57, which is 31 points higher than the oil & gas equipment & service industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Championx's stock has dropped -11.26% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -14 percentage points.

3. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Profire Energy has a valuation score of 57, which is 31 points higher than the oil & gas equipment & service industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Profire Energy's stock has dropped -20.18% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -23 percentage points.

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

50% 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 37.77% 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 3.78x.
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.