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 +28.50% 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 C and is the 68th 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
FET	FORUM ENERGY TECHNOLOGIES INC	$77.62	$37.25	108.38%	29.40x	19.16x	1.02x	2.80x	0.94x	$63.08M	7.09%	$318.19M	27.78	$1.07B	11.33
BOOM	DMC GLOBAL INC	$9.24	N/A	N/A	-38.50x	52.50x	0.31x	0.76x	N/A	$16.33M	8.72%	$249.86M	12.34	$203.52M	5.91
EFXT	ENERFLEX LTD	$22.23	N/A	N/A	50.52x	N/A	1.06x	2.32x	N/A	$255.00M	9.40%	$1.17B	9.58	$3.24B	7.91
NESR	NATIONAL ENERGY SERVICES REUNITED CORP	$20.97	$22.41	-6.44%	22.31x	12.54x	1.31x	2.03x	0.35x	$161.68M	7.64%	$1.04B	10.33	$2.24B	7.83
RNGR	RANGER ENERGY SERVICES INC	$14.11	$10.73	31.54%	22.76x	15.85x	0.55x	1.09x	0.54x	$25.30M	7.57%	$302.90M	12.78	$375.10M	4.65
SND	SMART SAND INC	$4.62	$2.73	69.42%	17.11x	N/A	0.47x	0.82x	0.96x	$34.63M	19.09%	$238.10M	6.07	$229.05M	5.83
OIS	OIL STATES INTERNATIONAL INC	$8.88	N/A	N/A	-4.88x	15.70x	0.79x	0.91x	N/A	$41.22M	8.00%	$583.58M	10.05	$545.65M	-9.65
HOS	HORNBECK OFFSHORE SERVICES INC	$6.45	N/A	N/A	23.89x	5.46x	0.73x	0.60x	N/A	$235.75M	24.82%	$1.58B	10.76	$908.78M	4.39
FTI	TECHNIPFMC PLC	$66.87	$25.46	162.63%	20.64x	20.91x	2.45x	7.81x	1.97x	$1.59B	6.08%	$3.33B	8.51	$26.25B	12.52
WFRD	WEATHERFORD INTERNATIONAL PLC	$89.00	$47.75	86.41%	15.81x	15.43x	1.36x	3.24x	1.26x	$579.00M	9.05%	$1.99B	27.71	$6.88B	8.81
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$11.78	N/A	N/A	14.28x	N/A	0.33x	0.92x	N/A	$16.71M	5.27%	$344.50M	12.80	$1.05B	4.33
WHD	CACTUS INC	$62.22	$30.72	102.52%	42.33x	19.38x	2.84x	3.81x	0.79x	$278.55M	6.40%	$1.31B	18.73	$4.69B	13.16
NOV	NOV INC	$18.68	$9.04	106.55%	45.56x	20.39x	0.77x	1.07x	0.79x	$323.00M	4.84%	$6.25B	17.50	$7.92B	9.57
HMH	HMH HOLDING INC	$17.39	N/A	N/A	0.00x	9.84x	0.27x	3.63x	N/A	$102.31M	50.45%	$210.26M	18.03	$882.62M	6.52
FTK	FLOTEK INDUSTRIES INC	$23.47	$5.32	340.80%	22.35x	29.15x	2.90x	6.58x	18.85x	-$4.11M	-0.49%	$129.21M	3.57	$902.09M	22.03
FLOC	FLOWCO HOLDINGS INC	$19.20	N/A	N/A	12.00x	13.36x	1.00x	4.75x	N/A	$207.57M	25.22%	$365.15M	8.52	$2.06B	8.31
XPRO	EXPRO GROUP HOLDINGS NV	$15.87	$9.74	62.87%	49.59x	16.51x	1.14x	1.19x	0.58x	$93.91M	5.20%	$1.52B	13.34	$1.80B	6.35
DTI	DRILLING TOOLS INTERNATIONAL CORP	$1.48	N/A	N/A	-16.44x	17.98x	0.34x	0.44x	N/A	$6.38M	12.23%	$119.71M	3.39	$129.11M	3.75
INVX	INNOVEX INTERNATIONAL INC	$26.05	$13.97	86.52%	28.94x	15.07x	1.80x	1.72x	0.81x	$221.27M	12.35%	$1.06B	15.39	$1.67B	9.55
VTOL	BRISTOW GROUP INC	$41.22	$34.39	19.86%	11.51x	11.86x	0.78x	1.12x	0.71x	-$34.22M	-2.80%	$1.09B	36.78	$1.88B	7.68
DNOW	DNOW INC	$15.80	N/A	N/A	-10.26x	44.68x	0.70x	1.36x	N/A	$136.00M	4.73%	$2.09B	11.50	$3.33B	-35.38
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$1.01	N/A	N/A	-0.32x	-0.91x	0.03x	-0.21x	N/A	$13.50M	62.87%	-$102.40M	-4.81	$356.59M	4.77
HAL	HALLIBURTON CO	$34.61	$20.97	65.02%	14.54x	14.70x	1.28x	2.57x	1.07x	$1.82B	6.34%	$11.12B	13.38	$34.98B	9.01
TDW	TIDEWATER INC	$79.04	$29.42	168.63%	16.00x	27.41x	2.92x	2.82x	3.87x	$253.85M	6.46%	$1.39B	28.01	$3.97B	10.44
TTI	TETRA TECHNOLOGIES INC	$5.53	$2.00	175.94%	184.33x	23.84x	1.20x	2.01x	0.89x	-$14.44M	-1.88%	$407.80M	2.93	$888.04M	11.01
OII	OCEANEERING INTERNATIONAL INC	$38.24	N/A	N/A	11.52x	18.68x	1.31x	3.11x	N/A	$289.01M	7.60%	$1.22B	12.28	$3.76B	9.12
AROC	ARCHROCK INC	$30.34	$15.44	96.44%	16.31x	17.29x	3.52x	3.43x	1.37x	$406.04M	7.67%	$1.55B	8.90	$7.67B	8.73
BKR	BAKER HUGHES CO	$53.05	$19.69	169.46%	18.11x	20.35x	1.83x	2.62x	2.71x	$3.43B	6.51%	$20.13B	20.27	$66.88B	13.14
PUMP	PROPETRO HOLDING CORP	$6.99	$1.26	454.88%	349.50x	-70.89x	0.70x	0.88x	1.80x	-$75.53M	-8.80%	$976.32M	7.95	$1.02B	5.45
SLB	SLB LIMITED	$52.31	$23.14	126.07%	25.15x	21.13x	2.10x	2.96x	1.18x	$3.81B	4.92%	$26.05B	17.59	$87.39B	12.12
LB	LANDBRIDGE CORP	$79.40	$20.62	285.13%	59.25x	43.43x	9.85x	25.59x	1.67x	$151.42M	6.82%	$355.53M	12.72	$9.59B	97.06
RES	RPC INC	$5.92	N/A	N/A	-37.00x	21.82x	0.73x	1.23x	N/A	$52.77M	4.02%	$1.07B	4.82	$1.19B	8.49
STAK	STAK INC	$1.65	N/A	N/A	55.00x	N/A	0.94x	1.97x	N/A	-$2.16M	-8.18%	$16.06M	1.00	$39.76M	28.18
KGS	KODIAK GAS SERVICES INC	$44.46	$20.49	117.03%	52.31x	19.08x	3.05x	2.08x	0.81x	$25.17M	0.59%	$2.16B	22.64	$7.16B	11.70
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$28.09	$3.72	656.00%	351.13x	49.58x	1.82x	4.56x	2.53x	-$120.72M	-8.81%	$759.92M	15.59	$5.04B	15.03
NGS	NATURAL GAS SERVICES GROUP INC	$31.09	$17.38	78.89%	19.07x	17.69x	2.05x	1.36x	0.96x	-$31.32M	-7.95%	$294.49M	23.25	$728.92M	8.69
DWSN	DAWSON GEOPHYSICAL CO	$1.71	N/A	N/A	14.25x	N/A	0.51x	2.65x	N/A	-$4.21M	-7.89%	$20.04M	0.65	$67.40M	5.18
EROK	EAGLEROCK LAND LLC	$18.94	N/A	N/A	N/A	49.18x	N/A	1.52x	N/A	N/A	N/A	$327.83M	12.43	$438.88M	N/A
ACDC	PROFRAC HOLDING CORP	$4.37	N/A	N/A	-1.88x	-3.13x	0.45x	1.47x	N/A	-$48.50M	-6.09%	$542.50M	2.98	$1.99B	17.44
CLB	CORE LABORATORIES INC	$10.19	$5.82	75.14%	29.97x	19.86x	0.90x	1.68x	0.73x	$10.35M	2.22%	$277.97M	6.06	$607.53M	11.28
VAL	VALARIS LTD	$94.69	N/A	N/A	7.10x	33.63x	3.07x	2.04x	N/A	-$24.10M	-0.37%	$3.22B	46.48	$7.12B	11.62
NINE	NINE ENERGY SERVICE INC	$7.40	N/A	N/A	N/A	1.59x	N/A	0.80x	N/A	N/A	N/A	$129.57M	9.29	$213.85M	N/A
RCON	RECON TECHNOLOGY LTD	$0.90	N/A	N/A	-0.02x	-0.01x	0.01x	0.22x	N/A	-$16.68M	-16,749.72%	$84.54M	759.66	$19.38M	-5.69
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$65.40	$26.42	147.51%	66.73x	40.69x	6.57x	5.55x	0.90x	-$724.41M	-14.47%	$901.98M	11.78	$6.63B	28.99
LBRT	LIBERTY ENERGY INC	$14.68	$2.23	557.27%	61.17x	41.55x	0.54x	1.25x	4.00x	-$619.94M	-25.88%	$1.92B	11.77	$3.88B	7.18
AESI	ATLAS ENERGY SOLUTIONS INC	$8.23	N/A	N/A	-8.66x	-7.99x	0.96x	0.92x	N/A	-$178.48M	-17.36%	$1.11B	8.91	$1.91B	17.21
GEOS	GEOSPACE TECHNOLOGIES CORP	$4.11	N/A	N/A	-1.33x	N/A	0.58x	0.56x	N/A	-$18.52M	-34.84%	$95.71M	7.40	$49.00M	-1.71
GOW	GOWELL ENERGY TECHNOLOGY	$2.68	N/A	N/A	89.33x	N/A	0.99x	N/A	N/A	N/A	N/A	$45.83M	1.53	N/A	N/A
LSE	LEISHEN ENERGY HOLDING CO LTD	$4.52	N/A	N/A	452.20x	N/A	1.85x	1.73x	N/A	-$1.05M	-1.39%	$44.58M	2.65	$70.25M	799.48
OMSE	OMS ENERGY TECHNOLOGIES INC	$3.92	$4.64	-15.55%	5.09x	6.05x	1.06x	0.88x	1.16x	$52.48M	31.89%	$189.64M	4.52	$18.88M	0.43

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Nov 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 +28.5% per year. Learn more.

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

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 32, which is -2 points lower than the oil & gas equipment & service industry average of 34. Although this number is below the industry average, our proven quant model rates FET as a "A".

FET passed 10 out of 33 due diligence checks and has average fundamentals. Forum Energy Technologies has seen its stock return 168.95% over the past year, overperforming other oil & gas equipment & service stocks by 175 percentage points.

2. DMC Global (NASDAQ:BOOM)

DMC Global (NASDAQ:BOOM) 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 +28.5% per year. Learn more.

The Component Grade breakdown for DMC Global (NASDAQ:BOOM) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: B, Financials: B, and AI: A.

DMC Global (NASDAQ:BOOM) has a Due Diligence Score of 23, which is -11 points lower than the oil & gas equipment & service industry average of 34. Although this number is below the industry average, our proven quant model rates BOOM as a "A".

BOOM passed 9 out of 38 due diligence checks and has weak fundamentals. DMC Global has seen its stock return 15.36% over the past year, overperforming other oil & gas equipment & service stocks by 22 percentage points.

DMC Global has an average 1 year price target of $8.00, a downside of -13.42% from DMC Global's current stock price of $9.24.

DMC Global stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering DMC Global, 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.

3. Enerflex (NYSE:EFXT)

Enerflex (NYSE:EFXT) 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 +17.17% per year. Learn more.

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

Enerflex (NYSE:EFXT) has a Due Diligence Score of 23, which is -11 points lower than the oil & gas equipment & service industry average of 34. Although this number is below the industry average, our proven quant model rates EFXT as a "B".

EFXT passed 9 out of 38 due diligence checks and has weak fundamentals. Enerflex has seen its stock return 71.26% over the past year, overperforming other oil & gas equipment & service stocks by 78 percentage points.

Enerflex has an average 1 year price target of $32.50, an upside of 46.2% from Enerflex's current stock price of $22.23.

Enerflex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Enerflex, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 22 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. Smart Sand (NASDAQ:SND)

Smart Sand (NASDAQ:SND) has an annual dividend yield of 5.41%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.03%.

Smart Sand's dividend payout ratio of 92.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Kodiak Gas Services (NYSE:KGS)

Kodiak Gas Services (NYSE:KGS) has an annual dividend yield of 3.31%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.03%.

Kodiak Gas Services's dividend payout ratio of 172.9% indicates that its dividend yield might not be sustainable for the long-term.

3. Archrock (NYSE:AROC)

Archrock (NYSE:AROC) has an annual dividend yield of 2.9%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.03%. Archrock's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Archrock's dividend has shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 47.3% indicates that its dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks down?

Oil & gas equipment & service stocks were down -5.77% in the last day, and down -3.32% over the last week. Liberty Energy was the among the top losers in the oil & gas equipment & services industry, dropping -13.03% yesterday.

Shares of oil and gas-related companies are trading lower as oil prices decline following reports that the U.S. and Iran are exploring diplomatic efforts to end the Middle East conflict, easing concerns about further supply disruptions

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 B. 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 12 points higher than the oil & gas equipment & service industry average of 31. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -23.7% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -17 percentage points.

2. Hmh Holding (NASDAQ:HMH)

Hmh Holding (NASDAQ:HMH) 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.

Hmh Holding has a valuation score of 57, which is 26 points higher than the oil & gas equipment & service industry average of 31. It passed 4 out of 7 valuation due diligence checks.

3. Smart Sand (NASDAQ:SND)

Smart Sand (NASDAQ:SND) 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.

Smart Sand has a valuation score of 86, which is 55 points higher than the oil & gas equipment & service industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Smart Sand's stock has gained 114.88% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 121 percentage points.

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

64.71% 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 33.83% over the next year.

4.26% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 10.64% of oil & gas equipment & service stocks are rated B (Buy), 70.21% are rated C (Hold), 10.64% are rated D (Sell), and 4.26% 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 29.37x.

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.