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...

Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Oil & Gas Equipment & Services is Zen Rated B and is the 54th ranked industry out of 145 stock market industries

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
EFXT	ENERFLEX LTD	$14.88	$8.65	71.98%	13.53x	13.27x	0.73x	1.57x	2.39x	$186.00M	10.22%	$1.16B	9.45	$2.47B	5.46
DNOW	DNOW INC	$13.57	$9.12	48.74%	15.25x	12.47x	0.59x	1.21x	1.26x	$177.00M	12.42%	$1.18B	11.26	$1.18B	7.18
NCSM	NCS MULTISTAGE HOLDINGS INC	$39.01	$91.00	-57.13%	8.16x	8.95x	0.57x	0.90x	0.23x	$19.33M	19.10%	$110.14M	42.46	$86.97M	5.19
SND	SMART SAND INC	$3.81	N/A	N/A	34.64x	N/A	0.44x	0.69x	N/A	$12.06M	8.16%	$239.87M	6.18	$199.41M	6.10
FTI	TECHNIPFMC PLC	$48.34	$28.59	69.09%	21.30x	17.06x	2.02x	5.88x	1.15x	$1.54B	7.76%	$3.33B	8.13	$20.02B	11.60
VTOL	BRISTOW GROUP INC	$39.37	$39.77	-1.00%	7.95x	7.39x	0.77x	1.10x	1.30x	-$23.84M	-2.10%	$1.04B	35.91	$1.81B	6.76
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$15.28	$72.21	-78.84%	15.97x	4.79x	0.48x	1.30x	0.08x	$1.55M	0.35%	$336.49M	11.78	$1.01B	4.42
USAC	USA COMPRESSION PARTNERS LP	$23.80	$18.53	28.43%	29.38x	18.68x	2.94x	-38.01x	0.63x	$292.70M	10.03%	-$76.81M	-0.63	$5.46B	9.32
NPKI	NPK INTERNATIONAL INC	$12.45	$6.63	87.82%	31.13x	22.86x	4.06x	3.15x	1.06x	$8.48M	0.80%	$333.92M	3.95	$1.04B	14.84
FET	FORUM ENERGY TECHNOLOGIES INC	$39.04	N/A	N/A	-4.13x	23.64x	0.58x	1.49x	N/A	$80.25M	17.59%	$297.31M	25.45	$637.67M	-15.80
OII	OCEANEERING INTERNATIONAL INC	$26.57	$16.16	64.39%	11.50x	14.24x	0.94x	2.92x	3.47x	$119.71M	4.51%	$907.67M	9.08	$2.92B	6.70
OIS	OIL STATES INTERNATIONAL INC	$7.47	$6.27	19.19%	20.19x	14.69x	0.66x	0.65x	0.67x	$26.40M	6.10%	$688.97M	11.89	$505.47M	5.96
FLOC	FLOWCO HOLDINGS INC	$19.16	N/A	N/A	1.82x	14.73x	0.96x	4.68x	N/A	N/A	N/A	$370.96M	13.52	$1.99B	N/A
BOOM	DMC GLOBAL INC	$7.01	N/A	N/A	-15.24x	343.63x	0.23x	0.57x	N/A	$37.84M	27.09%	$252.97M	12.69	$174.46M	4.07
CLB	CORE LABORATORIES INC	$18.16	$8.50	113.60%	25.94x	21.38x	1.62x	3.12x	1.50x	$37.55M	4.47%	$271.35M	5.87	$987.06M	14.34
FTK	FLOTEK INDUSTRIES INC	$19.36	$7.93	143.99%	20.38x	18.76x	3.15x	5.27x	2.91x	-$4.66M	-0.67%	$110.50M	3.08	$630.95M	24.96
HAL	HALLIBURTON CO	$30.83	$23.58	30.72%	20.28x	13.83x	1.18x	2.54x	0.77x	$2.09B	7.97%	$10.20B	12.02	$32.49B	9.58
TTI	TETRA TECHNOLOGIES INC	$9.73	N/A	N/A	10.58x	34.16x	2.10x	4.39x	N/A	$6.80M	0.52%	$296.69M	2.22	$1.45B	15.05
NGS	NATURAL GAS SERVICES GROUP INC	$34.81	$19.14	81.86%	23.21x	17.73x	2.45x	1.61x	1.22x	-$43.01M	-9.85%	$271.42M	21.64	$634.10M	8.81
RES	RPC INC	$5.66	$2.67	111.96%	24.61x	18.92x	0.81x	1.13x	1.55x	$95.57M	7.65%	$1.10B	5.00	$1.17B	5.07
XPRO	EXPRO GROUP HOLDINGS NV	$14.19	$10.52	34.86%	23.65x	13.20x	0.98x	1.06x	0.74x	$132.57M	8.14%	$1.52B	13.22	$1.60B	5.35
AROC	ARCHROCK INC	$25.86	$21.34	21.21%	17.13x	13.32x	3.14x	3.19x	0.76x	$105.26M	2.33%	$1.42B	8.15	$7.10B	9.29
INVX	INNOVEX INTERNATIONAL INC	$23.03	$18.29	25.92%	35.98x	14.12x	1.66x	1.53x	0.58x	$240.97M	15.21%	$1.04B	15.10	$1.51B	7.52
SLB	SLB LIMITED	$43.63	$27.59	58.16%	16.72x	14.72x	1.82x	2.54x	1.28x	$3.46B	5.39%	$25.64B	17.43	$74.93B	9.69
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$6.92	$5.97	15.87%	23.86x	19.89x	0.77x	0.65x	0.59x	$78.39M	7.72%	$1.57B	10.72	$1.30B	6.91
WHD	CACTUS INC	$49.93	$25.96	92.34%	19.66x	17.11x	3.15x	3.35x	1.63x	$212.68M	6.20%	$1.19B	17.33	$3.58B	12.04
NOV	NOV INC	$16.90	$11.41	48.10%	16.90x	14.88x	0.71x	0.95x	1.11x	$877.00M	14.02%	$6.46B	17.45	$7.31B	7.77
RNGR	RANGER ENERGY SERVICES INC	$14.57	$14.91	-2.27%	21.43x	11.44x	0.58x	1.17x	0.49x	$56.20M	17.72%	$270.00M	12.40	$300.11M	4.53
WFRD	WEATHERFORD INTERNATIONAL PLC	$89.38	$59.69	49.74%	16.02x	16.57x	1.29x	4.09x	1.20x	$382.00M	5.94%	$1.57B	21.79	$7.12B	7.67
PUMP	PROPETRO HOLDING CORP	$9.44	N/A	N/A	-55.53x	-41.06x	0.76x	1.19x	N/A	$51.52M	5.25%	$826.21M	7.95	$1.12B	6.52
VAL	VALARIS LTD	$53.04	N/A	N/A	9.44x	14.96x	1.55x	1.51x	N/A	$249.70M	6.66%	$2.45B	34.62	$4.10B	4.65
BKR	BAKER HUGHES CO	$49.38	$22.90	115.68%	16.85x	18.42x	1.76x	2.68x	3.05x	$2.29B	4.69%	$18.16B	18.40	$52.09B	11.65
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$52.85	$30.15	75.29%	55.05x	32.86x	6.71x	6.62x	0.79x	-$387.57M	-10.71%	$546.55M	7.98	$4.06B	25.20
TDW	TIDEWATER INC	$53.26	$38.43	38.58%	17.87x	14.43x	1.94x	2.31x	0.92x	$292.30M	11.09%	$1.14B	23.09	$2.87B	6.52
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$2.39	N/A	N/A	-0.56x	-0.67x	0.07x	-0.70x	N/A	-$18.60M	-43.64%	-$61.20M	-3.43	$345.93M	5.47
GEOS	GEOSPACE TECHNOLOGIES CORP	$18.43	N/A	N/A	-24.25x	N/A	2.13x	1.88x	N/A	-$8.45M	-3.59%	$125.51M	9.81	$210.92M	215.45
LB	LANDBRIDGE CO LLC	$45.55	N/A	N/A	N/A	23.69x	6.45x	12.91x	N/A	$112.58M	9.75%	$271.99M	10.74	$3.85B	51.40
KGS	KODIAK GAS SERVICES INC	$35.67	$27.40	30.16%	42.98x	14.96x	2.42x	2.47x	0.58x	$234.49M	7.55%	$1.25B	14.35	$5.75B	9.74
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$18.99	N/A	N/A	N/A	45.54x	N/A	3.86x	N/A	N/A	N/A	$607.70M	14.05	$3.71B	N/A
LBRT	LIBERTY ENERGY INC	$19.00	N/A	N/A	16.52x	-36.81x	0.79x	1.49x	N/A	$35.35M	1.15%	$2.07B	12.78	$3.69B	4.69
ACDC	PROFRAC HOLDING CORP	$4.21	N/A	N/A	-2.04x	-2.95x	0.37x	0.88x	N/A	$65.90M	9.17%	$862.00M	5.05	$1.91B	7.82
AESI	ATLAS ENERGY SOLUTIONS INC	$10.01	N/A	N/A	-111.22x	-42.92x	1.11x	1.01x	N/A	-$18.40M	-1.49%	$1.22B	9.89	$1.78B	8.50
OMSE	OMS ENERGY TECHNOLOGIES INC	$4.59	N/A	N/A	N/A	4.69x	1.29x	1.19x	N/A	$41.02M	20.17%	$170.87M	3.86	$82.84M	1.84
NINE	NINE ENERGY SERVICE INC	$0.42	N/A	N/A	-0.42x	-0.39x	0.03x	-0.19x	N/A	-$6.31M	-36.60%	-$95.87M	-2.32	$377.56M	6.11
RCON	RECON TECHNOLOGY LTD	$1.62	N/A	N/A	-2.47x	-1.43x	1.58x	0.76x	N/A	-$6.14M	-41.67%	$65.65M	7.22	$40.57M	-8.56
DTI	DRILLING TOOLS INTERNATIONAL CORP	$2.84	N/A	N/A	-14.20x	51.08x	0.62x	0.83x	N/A	$6.38M	6.34%	$121.11M	3.42	$173.35M	5.40
LSE	LEISHEN ENERGY HOLDING CO LTD	$4.86	N/A	N/A	34.71x	N/A	1.38x	1.92x	N/A	-$13.32M	-16.77%	$43.05M	2.64	$68.45M	34.40
DWSN	DAWSON GEOPHYSICAL CO	$1.68	N/A	N/A	-15.27x	N/A	0.81x	3.43x	N/A	$585.00k	1.13%	$15.19M	0.49	$60.59M	15.41
STAK	STAK INC	$0.40	N/A	N/A	-0.76x	N/A	0.17x	0.41x	N/A	-$2.94M	-68.33%	$12.90M	1.20	$10.40M	-1.91

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Jan 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. Enerflex (NYSE:EFXT)

Enerflex (NYSE:EFXT) 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 Enerflex (NYSE:EFXT) is: Value: C, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: A.

Enerflex (NYSE:EFXT) has a Due Diligence Score of 38, which is 4 points higher than the oil & gas equipment & service industry average of 34.

EFXT passed 12 out of 33 due diligence checks and has average fundamentals. Enerflex has seen its stock return 44.61% over the past year, overperforming other oil & gas equipment & service stocks by 36 percentage points.

Enerflex has an average 1 year price target of $17.00, an upside of 14.25% from Enerflex's current stock price of $14.88.

Enerflex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Enerflex, 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. Now (NYSE:DNOW)

Now (NYSE:DNOW) is the #2 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 Now (NYSE:DNOW) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: A, Financials: B, and AI: C.

Now (NYSE:DNOW) has a Due Diligence Score of 37, which is 3 points higher than the oil & gas equipment & service industry average of 34.

DNOW passed 11 out of 33 due diligence checks and has average fundamentals. Now has seen its stock return 4.22% over the past year, underperforming other oil & gas equipment & service stocks by -5 percentage points.

Now has an average 1 year price target of $17.33, an upside of 27.73% from Now's current stock price of $13.57.

Now stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Now, 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.

3. Ncs Multistage Holdings (NASDAQ:NCSM)

Ncs Multistage Holdings (NASDAQ:NCSM) 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 Ncs Multistage Holdings (NASDAQ:NCSM) is: Value: B, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: A.

Ncs Multistage Holdings (NASDAQ:NCSM) has a Due Diligence Score of 48, which is 14 points higher than the oil & gas equipment & service industry average of 34.

NCSM passed 15 out of 33 due diligence checks and has strong fundamentals. Ncs Multistage Holdings has seen its stock return 36.66% over the past year, overperforming other oil & gas equipment & service stocks by 28 percentage points.

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

Out of 17 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 6.62%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 2.42%. 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 not shown consistent growth over the last 10 years.

Usa Compression Partners's dividend payout ratio of 194.4% 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 3.94%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 2.42%.

Smart Sand's dividend payout ratio of 90.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kodiak Gas Services (NYSE:KGS)

Kodiak Gas Services (NYSE:KGS) has an annual dividend yield of 3.9%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.42%.

Kodiak Gas Services's dividend payout ratio of 157.8% 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 -0.38% in the last day, and up 4.96% over the last week. Halliburton Co was the among the top losers in the oil & gas equipment & services industry, dropping -3.41% yesterday.

Shares of energy stocks are trading lower. Oil prices have pulled back as investors assess US operations in Venezuela while natural gas has dipped amid reports of warmer weather forecasts.

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. Now (NYSE:DNOW)

Now (NYSE:DNOW) 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.

Now has a valuation score of 43, which is 15 points higher than the oil & gas equipment & service industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Now's stock has gained 4.22% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -5 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 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 71, which is 43 points higher than the oil & gas equipment & service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has gained 36.66% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 28 percentage points.

3. North American Construction Group (NYSE:NOA)

North American Construction Group (NYSE:NOA) 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.

North American Construction Group has a valuation score of 71, which is 43 points higher than the oil & gas equipment & service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -29.71% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -39 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 10.22% over the next year.

4.76% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 14.29% of oil & gas equipment & service stocks are rated B (Buy), 71.43% are rated C (Hold), 4.76% are rated D (Sell), and 4.76% 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 17.08x.

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.