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 72nd 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	$82.30	N/A	N/A	-823.00x	20.32x	1.11x	3.19x	N/A	$54.33M	5.85%	$289.78M	25.67	$1.12B	16.16
NESR	NATIONAL ENERGY SERVICES REUNITED CORP	$24.94	$23.74	5.05%	26.53x	12.96x	1.55x	2.41x	0.37x	$161.68M	6.43%	$1.04B	10.33	$2.64B	9.23
RNGR	RANGER ENERGY SERVICES INC	$15.41	$10.61	45.19%	24.85x	15.29x	0.60x	1.19x	0.57x	$25.30M	6.93%	$302.90M	12.78	$405.53M	5.03
SND	SMART SAND INC	$5.16	$2.62	96.99%	19.11x	N/A	0.52x	0.92x	1.07x	$34.63M	17.09%	$238.10M	6.07	$251.95M	6.42
WHD	CACTUS INC	$62.19	$29.55	110.48%	52.26x	19.83x	3.17x	4.02x	0.74x	$329.74M	7.63%	$1.24B	17.85	$4.68B	14.67
BOOM	DMC GLOBAL INC	$5.63	N/A	N/A	-6.05x	-100.27x	0.19x	0.49x	N/A	$15.97M	14.06%	$237.35M	11.75	$146.06M	6.62
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$12.11	N/A	N/A	14.68x	N/A	0.34x	0.95x	N/A	$16.71M	5.13%	$344.50M	12.80	$1.06B	4.37
DTI	DRILLING TOOLS INTERNATIONAL CORP	$2.31	N/A	N/A	-25.67x	21.47x	0.53x	0.68x	N/A	$6.38M	7.84%	$119.71M	3.39	$158.39M	4.60
OII	OCEANEERING INTERNATIONAL INC	$44.36	N/A	N/A	12.67x	21.46x	1.54x	3.79x	N/A	$232.12M	5.25%	$1.16B	11.68	$4.49B	10.61
USAC	USA COMPRESSION PARTNERS LP	$25.27	$12.08	109.17%	23.62x	19.78x	3.11x	12.76x	1.01x	$312.53M	8.53%	$287.07M	1.98	$6.61B	9.88
FTI	TECHNIPFMC PLC	$68.85	$24.75	178.21%	23.50x	21.53x	2.62x	8.25x	1.73x	$1.57B	5.76%	$3.27B	8.26	$27.25B	13.73
HAL	HALLIBURTON CO	$31.88	$20.59	54.80%	16.78x	13.52x	1.19x	2.41x	0.77x	$1.94B	7.29%	$11.01B	13.17	$32.71B	9.13
FLOC	FLOWCO HOLDINGS INC	$18.28	N/A	N/A	11.43x	12.80x	0.96x	4.52x	N/A	$207.57M	26.49%	$365.15M	8.52	$1.97B	7.97
OIS	OIL STATES INTERNATIONAL INC	$8.19	N/A	N/A	-4.45x	14.48x	0.74x	0.85x	N/A	$62.20M	12.99%	$581.38M	9.94	$510.46M	-9.47
INVX	INNOVEX INTERNATIONAL INC	$27.52	$13.50	103.86%	30.58x	15.57x	1.90x	1.82x	0.84x	$221.27M	11.69%	$1.06B	15.39	$1.78B	10.13
FTK	FLOTEK INDUSTRIES INC	$29.79	$5.15	478.15%	28.37x	36.75x	3.68x	8.35x	21.62x	-$4.11M	-0.38%	$129.21M	3.57	$1.13B	27.62
HMH	HMH HOLDING INC	$17.36	N/A	N/A	0.00x	11.46x	0.27x	3.63x	N/A	$102.31M	50.54%	$210.26M	18.03	$881.30M	6.51
EFXT	ENERFLEX LTD	$25.44	N/A	N/A	57.82x	N/A	1.21x	2.65x	N/A	$255.00M	8.21%	$1.17B	9.58	$3.63B	8.87
VTOL	BRISTOW GROUP INC	$40.30	$33.12	21.68%	11.26x	11.59x	0.76x	1.10x	0.69x	-$34.22M	-2.87%	$1.09B	36.78	$1.85B	7.57
RES	RPC INC	$5.72	$2.30	148.90%	57.20x	21.11x	0.71x	1.14x	0.90x	$56.51M	4.46%	$1.11B	5.00	$1.14B	5.28
HOS	HORNBECK OFFSHORE SERVICES INC	$7.79	$3.89	100.42%	28.85x	28.86x	0.88x	0.72x	0.84x	$235.75M	20.55%	$1.58B	10.76	$1.11B	5.34
SLB	SLB LIMITED	$48.66	$23.21	109.62%	23.39x	19.50x	1.99x	2.77x	1.02x	$4.08B	5.63%	$26.07B	17.50	$82.27B	11.51
LB	LANDBRIDGE CO LLC	$80.77	$21.15	281.87%	60.28x	39.17x	10.02x	26.03x	1.55x	$151.42M	6.71%	$355.53M	12.72	$9.75B	98.65
XPRO	EXPRO GROUP HOLDINGS NV	$16.30	$9.41	73.20%	50.94x	16.85x	1.17x	1.22x	0.59x	$93.91M	5.07%	$1.52B	13.34	$1.85B	6.52
DNOW	DNOW INC	$15.28	N/A	N/A	-9.92x	43.21x	0.68x	1.32x	N/A	$136.00M	4.89%	$2.09B	11.50	$3.23B	-34.38
WFRD	WEATHERFORD INTERNATIONAL PLC	$78.44	$50.99	53.85%	15.38x	14.78x	1.18x	3.14x	0.81x	$526.00M	9.33%	$1.79B	24.88	$6.11B	7.68
TDW	TIDEWATER INC	$82.18	$28.51	188.22%	16.64x	27.96x	3.04x	2.94x	3.86x	$253.85M	6.21%	$1.39B	28.01	$4.13B	10.86
NOV	NOV INC	$18.91	$7.51	151.76%	70.04x	20.80x	0.79x	1.09x	0.87x	$607.00M	8.94%	$6.21B	17.28	$7.90B	10.16
CLB	CORE LABORATORIES INC	$9.76	N/A	N/A	18.42x	19.25x	0.87x	1.64x	N/A	$14.64M	3.26%	$272.67M	5.92	$590.21M	9.47
BKR	BAKER HUGHES CO	$55.62	$18.87	194.70%	17.71x	21.86x	1.99x	2.77x	3.45x	$3.36B	6.08%	$19.91B	20.06	$55.74B	11.03
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$1.41	N/A	N/A	-0.45x	-0.43x	0.05x	-0.29x	N/A	$13.50M	45.04%	-$102.40M	-4.81	$365.10M	4.88
TTI	TETRA TECHNOLOGIES INC	$5.83	$1.97	195.88%	194.33x	23.25x	1.26x	2.12x	0.92x	-$14.44M	-1.78%	$407.80M	2.93	$932.47M	11.56
AROC	ARCHROCK INC	$30.42	$14.86	104.66%	16.35x	17.34x	3.53x	3.44x	1.36x	$406.04M	7.65%	$1.55B	8.90	$7.69B	8.74
KGS	KODIAK GAS SERVICES INC	$53.56	$20.10	166.52%	63.01x	22.80x	3.67x	2.51x	0.95x	$25.17M	0.49%	$2.16B	22.64	$8.08B	13.20
STAK	STAK INC	$1.11	N/A	N/A	-1.88x	N/A	0.54x	0.98x	N/A	-$765.08k	-5.23%	$14.96M	1.13	$20.74M	-3.70
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$28.13	$3.79	642.33%	351.63x	49.19x	1.83x	4.57x	2.37x	-$120.72M	-8.80%	$759.92M	15.59	$5.04B	15.04
NGS	NATURAL GAS SERVICES GROUP INC	$32.75	$16.69	96.18%	20.09x	18.64x	2.16x	1.43x	1.02x	-$31.32M	-7.55%	$294.49M	23.25	$750.33M	8.95
DWSN	DAWSON GEOPHYSICAL CO	$2.60	N/A	N/A	21.67x	N/A	0.77x	4.03x	N/A	-$4.21M	-5.19%	$20.04M	0.65	$95.04M	7.30
EROK	EAGLEROCK LAND LLC	$21.23	N/A	N/A	N/A	36.73x	N/A	1.71x	N/A	N/A	N/A	$327.83M	12.43	$499.24M	N/A
ACDC	PROFRAC HOLDING CORP	$4.40	N/A	N/A	-1.89x	-3.13x	0.45x	1.48x	N/A	-$48.50M	-6.05%	$542.50M	2.98	$2.00B	17.48
PUMP	PROPETRO HOLDING CORP	$9.00	N/A	N/A	-81.82x	-84.59x	0.95x	1.15x	N/A	-$1.17M	-0.11%	$957.43M	7.80	$1.18B	7.03
NINE	NINE ENERGY SERVICE INC	$7.42	N/A	N/A	N/A	1.60x	N/A	0.80x	N/A	N/A	N/A	$129.57M	9.29	$214.13M	N/A
RCON	RECON TECHNOLOGY LTD	$1.30	N/A	N/A	-0.03x	-0.01x	0.01x	0.31x	N/A	-$16.68M	-11,531.54%	$84.54M	759.66	$27.62M	-8.10
LBRT	LIBERTY ENERGY INC	$18.47	N/A	N/A	24.63x	44.69x	0.72x	1.53x	N/A	-$282.45M	-9.38%	$1.96B	12.05	$4.07B	6.17
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$71.38	$20.99	240.13%	72.84x	58.43x	7.17x	6.06x	1.25x	-$724.41M	-13.25%	$901.98M	11.78	$7.09B	31.00
AESI	ATLAS ENERGY SOLUTIONS INC	$11.69	N/A	N/A	-12.31x	-12.21x	1.37x	1.31x	N/A	-$178.48M	-12.22%	$1.11B	8.91	$2.34B	21.11
GEOS	GEOSPACE TECHNOLOGIES CORP	$4.77	N/A	N/A	-1.55x	N/A	0.67x	0.64x	N/A	-$18.52M	-30.02%	$95.71M	7.40	$57.53M	-2.01
OMSE	OMS ENERGY TECHNOLOGIES INC	$4.43	$4.46	-0.64%	5.75x	6.79x	1.19x	0.99x	1.32x	$52.48M	28.22%	$189.64M	4.52	$40.53M	0.93
VAL	VALARIS LTD	$79.56	N/A	N/A	5.97x	28.69x	2.58x	1.72x	N/A	-$24.10M	-0.44%	$3.22B	46.48	$6.07B	9.91
LSE	LEISHEN ENERGY HOLDING CO LTD	$4.60	N/A	N/A	460.00x	N/A	1.88x	1.76x	N/A	-$1.05M	-1.37%	$44.58M	2.65	$71.57M	814.59

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Oct 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 50 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 17, which is -17 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 5 out of 33 due diligence checks and has weak fundamentals. Forum Energy Technologies has seen its stock return 209.17% over the past year, overperforming other oil & gas equipment & service stocks by 211 percentage points.

2. National Energy Services Reunited (NASDAQ:NESR)

National Energy Services Reunited (NASDAQ:NESR) is the #2 top oil & gas equipment & service stock out of 50 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 National Energy Services Reunited (NASDAQ:NESR) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.

National Energy Services Reunited (NASDAQ:NESR) has a Due Diligence Score of 69, which is 35 points higher than the oil & gas equipment & service industry average of 34.

NESR passed 22 out of 33 due diligence checks and has strong fundamentals. National Energy Services Reunited has seen its stock return 139.99% over the past year, overperforming other oil & gas equipment & service stocks by 142 percentage points.

National Energy Services Reunited has an average 1 year price target of $41.00, an upside of 64.43% from National Energy Services Reunited's current stock price of $24.94.

National Energy Services Reunited stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering National Energy Services Reunited, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Ranger Energy Services (NYSE:RNGR)

Ranger Energy Services (NYSE:RNGR) is the #3 top oil & gas equipment & service stock out of 50 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 Ranger Energy Services (NYSE:RNGR) is: Value: C, Growth: B, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: B.

Ranger Energy Services (NYSE:RNGR) has a Due Diligence Score of 49, which is 15 points higher than the oil & gas equipment & service industry average of 34.

RNGR passed 18 out of 38 due diligence checks and has strong fundamentals. Ranger Energy Services has seen its stock return 10.23% over the past year, overperforming other oil & gas equipment & service stocks by 12 percentage points.

Ranger Energy Services has an average 1 year price target of $20.00, an upside of 29.79% from Ranger Energy Services's current stock price of $15.41.

Ranger Energy Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ranger Energy Services, 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.

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

Out of 23 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 8.33%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 2.01%. 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 196.7% 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 4.84%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.01%.

Smart Sand's dividend payout ratio of 92.6% 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 3.66%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 2.01%.

Kodiak Gas Services's dividend payout ratio of 172.9% indicates that its 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 0.78% in the last day, and down -3.37% over the last week. Enerflex was the among the top gainers in the oil & gas equipment & services industry, gaining 11.63% yesterday.

Enerflex shares are trading higher after the company announced a contract award to deliver 450 MW of natural gas power generation units for a data center developer.

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 14 points higher than the oil & gas equipment & service industry average of 29. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -17.11% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -15 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 28 points higher than the oil & gas equipment & service industry average of 29. 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 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.

Smart Sand's stock has gained 143.4% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 146 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 31.05% over the next year.

2.13% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 12.77% 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 26.79x.

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.