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Best Oil & Gas Equipment & Service Stocks to Buy Now (2024)
Top oil & gas equipment & service stocks in 2024 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
PUMP
PROPETRO HOLDING CORP
NYSE
Oil & Gas Equipment & Services
$1.04B$9.680.62%$297.07M14.03x0.54
SDPI
SUPERIOR DRILLING PRODUCTS INC
NYSEMKT
Oil & Gas Equipment & Services
$38.29M$1.261.61%$354.59k9.00x0.72
PFIE
PROFIRE ENERGY INC
NASDAQ
Oil & Gas Equipment & Services
$65.00M$1.38-2.82%$11.99M6.90x0.12
RES
RPC INC
NYSE
Oil & Gas Equipment & Services
$1.50B$6.981.16%$313.39M9.97x0.26
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
NYSE
Oil & Gas Equipment & Services
$532.72M$19.93-1.48%$185.22M13.89x3.32
BKR
BAKER HUGHES CO
NASDAQ
Oil & Gas Equipment & Services
$33.39B$33.461.33%$3.80B18.38x1.40
WFRD
WEATHERFORD INTERNATIONAL PLC
NASDAQ
Oil & Gas Equipment & Services
$9.06B$123.800.77%$988.00M19.59x3.66
DNOW
DNOW INC
NYSE
Oil & Gas Equipment & Services
$1.45B$13.62-2.71%$159.00M6.25x0.48
HAL
HALLIBURTON CO
NYSE
Oil & Gas Equipment & Services
$33.55B$37.901.12%$4.73B13.07x1.55
VAL
VALARIS LTD
NYSE
Oil & Gas Equipment & Services
$5.55B$76.600.05%$286.40M6.71x1.15
MRC
MRC GLOBAL INC
NYSE
Oil & Gas Equipment & Services
$1.15B$13.48-2.18%$206.00M15.32x2.88
WHD
CACTUS INC
NYSE
Oil & Gas Equipment & Services
$4.13B$51.961.66%$298.73M20.46x0.53
GEOS
GEOSPACE TECHNOLOGIES CORP
NASDAQ
Oil & Gas Equipment & Services
$132.42M$9.91-3.51%$31.98M8.06x0.11
CHX
CHAMPIONX CORP
NASDAQ
Oil & Gas Equipment & Services
$6.53B$34.360.50%$761.50M18.28x0.95
LBRT
LIBERTY ENERGY INC
NYSE
Oil & Gas Equipment & Services
$3.95B$23.682.96%$1.10B8.43x0.64
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
NYSE
Oil & Gas Equipment & Services
$402.81M$9.15-0.54%$69.62M13.46x0.74
SLB
SCHLUMBERGER LIMITED
NYSE
Oil & Gas Equipment & Services
$69.45B$48.590.35%$8.23B15.93x1.25
NCSM
NCS MULTISTAGE HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$44.82M$17.915.73%$20.46M3.17x0.31
NOV
NOV INC
NYSE
Oil & Gas Equipment & Services
$7.54B$19.060.90%$1.04B7.62x0.80
RNGR
RANGER ENERGY SERVICES INC
NYSE
Oil & Gas Equipment & Services
$238.67M$10.430.77%$65.90M15.34x0.36
SLCA
US SILICA HOLDINGS INC
NYSE
Oil & Gas Equipment & Services
$1.21B$15.520.06%$391.40M10.28x1.37
CLB
CORE LABORATORIES INC
NYSE
Oil & Gas Equipment & Services
$846.07M$18.040.78%$71.76M22.27x1.51
BOOM
DMC GLOBAL INC
NASDAQ
Oil & Gas Equipment & Services
$261.77M$13.100.61%$87.78M11.91x0.64
OII
OCEANEERING INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$2.40B$23.720.81%$311.22M21.96x2.57
AESI
ATLAS ENERGY SOLUTIONS INC
NYSE
Oil & Gas Equipment & Services
$2.58B$23.531.64%$222.18M13.68x0.82
AROC
ARCHROCK INC
NYSE
Oil & Gas Equipment & Services
$3.22B$20.601.13%$457.77M24.82x2.02
NGS
NATURAL GAS SERVICES GROUP INC
NYSE
Oil & Gas Equipment & Services
$295.38M$23.75-0.59%$47.17M30.84x1.02
FTI
TECHNIPFMC PLC
NYSE
Oil & Gas Equipment & Services
$11.42B$26.490.08%$885.80M54.06x2.01
SND
SMART SAND INC
NASDAQ
Oil & Gas Equipment & Services
$94.09M$2.214.74%$30.41M10.05x0.44
DRQ
DRIL-QUIP INC
NYSE
Oil & Gas Equipment & Services
$662.59M$19.25-0.52%$14.63M-30.56x0.19
KGS
KODIAK GAS SERVICES INC
NYSE
Oil & Gas Equipment & Services
$2.40B$28.490.64%$462.28M33.52x1.90
DTI
DRILLING TOOLS INTERNATIONAL CORP
NASDAQ
Oil & Gas Equipment & Services
$171.47M$5.763.97%N/A13.71x0.82
RCON
RECON TECHNOLOGY LTD
NASDAQ
Oil & Gas Equipment & Services
$4.47M$1.69-3.98%-$6.81M-0.39x0.21
USAC
USA COMPRESSION PARTNERS LP
NYSE
Oil & Gas Equipment & Services
$2.84B$24.27-0.33%$509.05M57.79x18.77
TTI
TETRA TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$552.09M$4.213.69%$83.39M26.31x2.34
NR
NEWPARK RESOURCES INC
NYSE
Oil & Gas Equipment & Services
$650.09M$7.63-1.68%$66.32M38.15x0.52
TDW
TIDEWATER INC
NYSE
Oil & Gas Equipment & Services
$5.57B$105.50-1.15%$388.18M41.21x0.97
FTK
FLOTEK INDUSTRIES INC
NYSE
Oil & Gas Equipment & Services
$114.18M$3.856.35%$10.29M32.08x0.50
EFXT
ENERFLEX LTD
NYSE
Oil & Gas Equipment & Services
$645.82M$5.212.76%$264.36M-4.53x1.86
VTOL
BRISTOW GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.06B$37.172.26%$159.74M929.25x1.34
ACDC
PROFRAC HOLDING CORP
NASDAQ
Oil & Gas Equipment & Services
$1.44B$9.015.38%$475.40M-9.69x1.38
FET
FORUM ENERGY TECHNOLOGIES INC
NYSE
Oil & Gas Equipment & Services
$228.60M$18.610.70%$48.56M-7.92x1.29
XPRO
EXPRO GROUP HOLDINGS NV
NYSE
Oil & Gas Equipment & Services
$2.41B$21.780.74%$215.29M-128.12x0.55
HLX
HELIX ENERGY SOLUTIONS GROUP INC
NYSE
Oil & Gas Equipment & Services
$1.78B$11.680.34%$178.27M-55.62x0.78
OIS
OIL STATES INTERNATIONAL INC
NYSE
Oil & Gas Equipment & Services
$303.10M$4.722.61%$67.71M-118.00x0.47
KLXE
KLX ENERGY SERVICES HOLDINGS INC
NASDAQ
Oil & Gas Equipment & Services
$99.01M$5.870.69%$105.40M-7.25x28.44
DWSN
DAWSON GEOPHYSICAL CO
NASDAQ
Oil & Gas Equipment & Services
$54.23M$1.76-0.56%$1.75M-7.33x1.12
ENSV
ENSERVCO CORP
NYSEMKT
Oil & Gas Equipment & Services
$7.24M$0.260.38%-$680.00k-0.85x36.89
NINE
NINE ENERGY SERVICE INC
NYSE
Oil & Gas Equipment & Services
$66.06M$1.872.75%$70.25M-1.83x-9.78

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in May 2024?

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

1. Propetro Holding (NYSE:PUMP)


Propetro Holding (NYSE:PUMP) is the top oil & gas equipment & service stock with a Zen Score of 58, which is 24 points higher than the oil & gas equipment & service industry average of 34. It passed 18 out of 33 due diligence checks and has strong fundamentals. Propetro Holding has seen its stock return 34.63% over the past year, underperforming other oil & gas equipment & service stocks by -1 percentage points.

Propetro Holding has an average 1 year price target of $12.00, an upside of 23.97% from Propetro Holding's current stock price of $9.68.

Propetro Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Propetro Holding, 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.

2. Superior Drilling Products (NYSEMKT:SDPI)


Superior Drilling Products (NYSEMKT:SDPI) is the second best oil & gas equipment & service stock with a Zen Score of 54, which is 20 points higher than the oil & gas equipment & service industry average of 34. It passed 17 out of 33 due diligence checks and has strong fundamentals. Superior Drilling Products has seen its stock return 27.27% over the past year, underperforming other oil & gas equipment & service stocks by -8 percentage points.

3. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the third best oil & gas equipment & service stock with a Zen Score of 53, which is 19 points higher than the oil & gas equipment & service industry average of 34. It passed 16 out of 33 due diligence checks and has strong fundamentals. Profire Energy has seen its stock return 4.55% over the past year, underperforming other oil & gas equipment & service stocks by -31 percentage points.

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

Out of 15 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 8.65%, which is 7 percentage points higher than the oil & gas equipment & service industry average of 2.06%. 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 500% indicates that its high dividend yield might not be sustainable for the long-term.

2. Solaris Oilfield Infrastructure (NYSE:SOI)


Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 5.03%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.06%. Solaris Oilfield Infrastructure's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Solaris Oilfield Infrastructure's dividend has shown consistent growth over the last 10 years.

Solaris Oilfield Infrastructure's dividend payout ratio of 67.6% indicates that its high dividend yield is sustainable for the long-term.

3. Archrock (NYSE:AROC)


Archrock (NYSE:AROC) has an annual dividend yield of 3.11%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.06%. Archrock's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Archrock's dividend has shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 75.3% indicates that its dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks up?

Oil & gas equipment & service stocks were up 0.56% in the last day, and up 2.16% over the last week.

We couldn't find a catalyst for why oil & gas equipment & service stocks are up.

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. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Profire Energy has a valuation score of 86, which is 54 points higher than the oil & gas equipment & service industry average of 32. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 4.55% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -31 percentage points.

2. Us Silica Holdings (NYSE:SLCA)


Us Silica Holdings (NYSE:SLCA) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Us Silica Holdings has a valuation score of 71, which is 39 points higher than the oil & gas equipment & service industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Us Silica Holdings's stock has gained 27.74% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -8 percentage points.

3. Propetro Holding (NYSE:PUMP)


Propetro Holding (NYSE:PUMP) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Propetro Holding has a valuation score of 71, which is 39 points higher than the oil & gas equipment & service industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Propetro Holding's stock has gained 34.63% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -1 percentage points.

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

61.11% 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 18.37% 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 20.57x.
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.