Sectors & Industries EnergyOil & Gas Equipment & Services
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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
VAL	VALARIS LTD	$65.06	1,569,294	164.86%	2.55	2.28	2.21	3.78	7.45	73.69	86.85	85.20	85.34	92.33	0.26	0.08	0.17	0.96
PUMP	PROPETRO HOLDING CORP	$8.72	2,390,342	74.22%	8.64	8.55	7.97	8.06	9.01	58.48	79.20	83.07	80.56	86.14	0.23	0.21	0.02	1.43
SDPI	SUPERIOR DRILLING PRODUCTS INC	$1.29	42,587	-74.78%	1.24	1.17	0.97	0.85	0.88	72.95	88.52	84.12	64.25	66.29	0.09	0.09	0.01	0.74
PFIE	PROFIRE ENERGY INC	$1.81	82,492	-43.76%	1.80	1.83	1.71	1.64	1.86	51.15	27.16	30.25	39.55	40.03	0.01	0.03	-0.01	0.66
RNGR	RANGER ENERGY SERVICES INC	$9.84	150,177	-18.01%	10.47	11.04	11.01	10.53	11.25	26.71	6.30	6.94	0.00	0.00	-0.30	-0.14	-0.15	0.22
DTI	DRILLING TOOLS INTERNATIONAL CORP	$5.80	37,338	-63.70%	5.33	4.94	3.78	3.43	3.71	77.43	92.19	92.42	68.34	59.15	0.58	0.52	0.06	0.02
BKR	BAKER HUGHES CO	$32.62	9,519,684	104.70%	32.69	33.16	32.11	31.80	33.46	48.25	41.00	43.13	36.56	38.74	0.09	0.17	-0.09	1.15
WFRD	WEATHERFORD INTERNATIONAL PLC	$123.62	1,106,270	65.25%	119.68	120.20	114.57	104.06	96.87	57.41	86.56	89.06	87.53	90.53	2.79	2.06	0.73	1.06
DNOW	DNOW INC	$14.11	619,206	-1.68%	14.66	14.85	14.56	12.52	11.80	41.02	25.11	29.64	11.14	12.53	0.02	0.14	-0.12	1.08
RES	RPC INC	$6.69	2,694,495	53.36%	7.56	7.73	7.61	7.34	7.80	25.97	13.83	26.11	0.00	5.64	-0.13	0.00	-0.14	0.94
HAL	HALLIBURTON CO	$37.47	7,386,949	87.68%	38.54	39.47	37.91	36.63	38.11	38.60	15.61	20.05	12.85	16.28	-0.04	0.24	-0.28	1.44
GEOS	GEOSPACE TECHNOLOGIES CORP	$12.15	49,190	83.24%	12.42	12.88	12.78	13.13	12.00	40.27	34.37	34.56	35.57	40.18	-0.19	-0.14	-0.05	1.13
MRC	MRC GLOBAL INC	$11.23	402,366	77.99%	11.67	12.04	12.11	11.38	10.79	31.06	9.87	10.34	10.34	12.16	-0.20	-0.11	-0.09	1.39
WHD	CACTUS INC	$49.64	460,162	26.15%	51.09	51.19	48.83	45.68	47.27	46.27	57.02	67.80	39.72	50.48	0.70	0.88	-0.18	1.22
LBRT	LIBERTY ENERGY INC	$22.00	2,760,868	38.96%	22.48	22.43	21.53	20.08	19.01	49.31	70.81	79.80	63.82	80.47	0.38	0.41	-0.02	1.36
CHX	CHAMPIONX CORP	$33.57	2,153,960	-14.18%	35.09	36.65	34.30	31.40	32.62	35.30	6.36	9.01	2.13	4.28	-0.13	0.40	-0.53	1.48
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	$8.81	306,062	-49.99%	8.67	8.71	8.50	8.09	9.02	52.42	71.52	65.19	72.31	68.11	0.12	0.07	0.04	1.13
SLB	SCHLUMBERGER LIMITED	$47.48	14,090,231	57.61%	49.51	51.54	51.60	50.89	54.06	23.11	6.80	8.92	5.51	7.25	-1.14	-0.69	-0.46	1.19
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$21.10	93,816	147.89%	21.28	21.68	23.07	22.49	22.26	39.97	70.09	67.22	84.06	93.30	-0.39	-0.51	0.13	0.88
BOOM	DMC GLOBAL INC	$15.85	207,041	1.48%	16.62	17.42	17.66	17.64	19.14	28.16	5.64	8.38	12.20	16.91	-0.50	-0.36	-0.14	1.10
CLB	CORE LABORATORIES INC	$15.80	417,821	38.84%	16.81	17.11	16.36	16.43	19.71	37.29	19.42	23.17	17.45	22.04	-0.01	0.15	-0.16	1.23
NOV	NOV INC	$18.49	3,153,439	-47.68%	18.77	19.35	18.62	18.97	19.48	42.21	31.16	31.85	31.28	30.59	-0.07	0.03	-0.09	1.29
NGS	NATURAL GAS SERVICES GROUP INC	$22.08	95,663	2.56%	23.59	23.49	20.06	17.35	15.01	47.80	37.31	56.05	0.00	10.77	0.95	1.27	-0.32	0.74
SLCA	US SILICA HOLDINGS INC	$15.43	3,906,325	-23.87%	13.64	13.43	12.50	11.67	12.16	71.95	88.70	76.34	87.55	71.85	0.63	0.38	0.26	1.49
AESI	ATLAS ENERGY SOLUTIONS INC	$22.21	432,067	10.69%	1.34	1.54	1.77	1.92	2.61	30.89	9.45	9.95	19.12	16.99	-0.16	-0.14	-0.02	0.59
DRQ	DRIL-QUIP INC	$18.18	338,281	99.01%	19.38	20.97	22.15	21.83	23.84	26.83	13.36	14.63	31.65	29.13	-1.04	-0.84	-0.20	0.99
FTK	FLOTEK INDUSTRIES INC	$3.44	33,590	-4.61%	3.47	3.57	3.40	3.35	3.89	45.22	53.80	54.59	12.79	15.93	-0.01	0.02	-0.03	1.36
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$6.63	452,525	275.68%	7.07	7.35	7.62	8.85	9.76	35.77	12.00	15.45	26.14	35.72	-0.22	-0.19	-0.03	1.52
OII	OCEANEERING INTERNATIONAL INC	$22.91	1,238,019	23.90%	23.30	23.88	22.58	21.57	22.25	46.69	66.17	70.51	66.25	71.15	0.24	0.30	-0.05	1.66
USAC	USA COMPRESSION PARTNERS LP	$24.23	138,791	13.26%	24.78	25.52	26.03	25.24	24.09	31.07	6.89	8.63	8.30	11.52	-0.53	-0.43	-0.11	1.05
FTI	TECHNIPFMC PLC	$25.62	4,090,658	5.93%	25.81	26.05	24.36	21.92	20.91	51.60	60.67	64.67	43.77	51.39	0.44	0.53	-0.10	1.30
DWSN	DAWSON GEOPHYSICAL CO	$1.58	310	-94.61%	1.73	1.75	1.56	1.61	1.76	45.94	30.00	28.78	11.04	9.78	0.01	0.05	-0.04	0.55
SND	SMART SAND INC	$2.09	392,146	21.56%	2.09	2.09	2.00	1.94	2.00	52.05	64.06	65.52	72.24	74.28	0.05	0.04	0.01	1.12
RCON	RECON TECHNOLOGY LTD	$0.10	1,785,736	-15.90%	0.10	0.12	0.14	0.18	0.25	38.22	19.62	16.40	26.57	16.65	-0.01	-0.01	-0.00	0.53
AROC	ARCHROCK INC	$19.19	1,731,730	70.36%	19.63	20.07	19.26	17.41	15.12	43.98	49.34	53.53	43.63	48.72	0.12	0.22	-0.10	1.14
TTI	TETRA TECHNOLOGIES INC	$4.29	2,158,111	121.15%	4.43	4.58	4.32	4.31	4.82	41.40	21.86	24.92	25.90	29.01	0.00	0.03	-0.03	1.42
NR	NEWPARK RESOURCES INC	$6.94	376,187	56.69%	7.26	7.41	7.09	6.79	6.57	36.72	12.12	16.79	0.77	1.82	-0.00	0.06	-0.07	1.21
KGS	KODIAK GAS SERVICES INC	$27.18	421,745	75.19%	17.20	17.51	18.51	18.07	18.64	37.11	32.41	33.54	53.41	57.70	-0.41	-0.40	-0.00	0.14
EFXT	ENERFLEX LTD	$5.83	122,539	-35.01%	5.80	5.95	5.89	5.34	5.45	48.00	51.21	41.87	58.30	46.72	-0.01	-0.00	-0.01	1.04
FET	FORUM ENERGY TECHNOLOGIES INC	$18.65	32,524	42.89%	19.32	19.53	19.23	20.07	21.94	39.77	31.14	37.58	35.19	42.55	-0.03	0.04	-0.07	1.93
TDW	TIDEWATER INC	$91.85	641,752	33.55%	92.12	94.62	87.46	77.47	70.85	49.91	55.94	54.98	40.90	40.42	1.29	1.82	-0.53	0.98
XPRO	EXPRO GROUP HOLDINGS NV	$18.76	769,075	-13.51%	19.19	19.45	19.10	17.93	19.28	44.43	44.30	52.74	39.52	48.71	0.06	0.10	-0.04	1.54
OIS	OIL STATES INTERNATIONAL INC	$3.99	2,400,532	-29.32%	5.02	5.57	5.68	6.03	6.92	19.23	2.91	5.43	0.00	2.33	-0.41	-0.22	-0.20	1.30
NCSM	NCS MULTISTAGE HOLDINGS INC	$16.40	412	-77.24%	16.34	16.31	15.92	15.89	15.89	54.83	71.24	70.17	40.10	33.15	0.12	0.14	-0.02	1.30
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$10.74	1,263,244	13.61%	10.97	11.27	10.50	10.11	10.02	45.66	35.78	42.14	26.13	33.73	0.10	0.18	-0.08	1.54
VTOL	BRISTOW GROUP INC	$26.31	144,740	51.24%	25.90	26.09	26.40	26.61	27.30	51.43	83.21	77.80	88.05	93.38	0.00	-0.15	0.15	1.24
TRSG	TUNGRAY TECHNOLOGIES INC	$6.88	240,964	7.53%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2.67
ACDC	PROFRAC HOLDING CORP	$7.27	1,351,650	139.45%	7.95	8.27	8.11	7.91	9.12	36.10	27.43	36.55	42.00	51.20	-0.10	-0.02	-0.08	1.20
ENSV	ENSERVCO CORP	$0.22	245,159	-25.80%	0.25	0.26	0.23	0.23	0.30	43.46	8.38	9.95	0.00	0.00	0.00	0.01	-0.01	0.95
NINE	NINE ENERGY SERVICE INC	$2.16	455,660	75.35%	2.41	2.57	2.33	2.37	3.11	38.02	4.68	5.13	2.15	1.92	-0.03	0.04	-0.07	1.23

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. Valaris (NYSE:VAL)

Valaris (NYSE:VAL) is the top oil & gas equipment & service stock with a Zen Score of 58, which is 23 points higher than the oil & gas equipment & service industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. Valaris has seen its stock return 9.33% over the past year, underperforming other oil & gas equipment & service stocks by -12 percentage points.

Valaris has an average 1 year price target of $99.00, an upside of 52.17% from Valaris's current stock price of $65.06.

Valaris stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Valaris, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Propetro Holding (NYSE:PUMP)

Propetro Holding (NYSE:PUMP) is the second best oil & gas equipment & service stock with a Zen Score of 58, which is 23 points higher than the oil & gas equipment & service industry average of 35. It passed 18 out of 33 due diligence checks and has strong fundamentals. Propetro Holding has seen its stock return 21.45% over the past year.

Propetro Holding has an average 1 year price target of $11.00, an upside of 26.15% from Propetro Holding's current stock price of $8.72.

Propetro Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.

3. Superior Drilling Products (NYSEMKT:SDPI)

Superior Drilling Products (NYSEMKT:SDPI) is the third best oil & gas equipment & service stock with a Zen Score of 57, which is 22 points higher than the oil & gas equipment & service industry average of 35. It passed 18 out of 33 due diligence checks and has strong fundamentals. Superior Drilling Products has seen its stock return 31.63% over the past year, overperforming other oil & gas equipment & service stocks by 10 percentage points.

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

Out of 16 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. Dawson Geophysical Co (NASDAQ:DWSN)

Dawson Geophysical Co (NASDAQ:DWSN) has an annual dividend yield of 20.2%, which is 17 percentage points higher than the oil & gas equipment & service industry average of 3.24%. Dawson Geophysical Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Dawson Geophysical Co's dividend has shown consistent growth over the last 10 years.

Dawson Geophysical Co's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

2. Usa Compression Partners (NYSE:USAC)

Usa Compression Partners (NYSE:USAC) has an annual dividend yield of 8.67%, which is 5 percentage points higher than the oil & gas equipment & service industry average of 3.24%. 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 1,000% indicates that its high dividend yield might not be sustainable for the long-term.

3. Solaris Oilfield Infrastructure (NYSE:SOI)

Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 5.22%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 3.24%. 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.

Why are oil & gas equipment & service stocks down?

Oil & gas equipment & service stocks were down -4.2% in the last day, and down -2.4% over the last week. Valaris was the among the top losers in the oil & gas equipment & services industry, dropping -5.82% yesterday.

Shares of oil and gas companies are trading lower amid reports of Middle East peace talks.

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 52 points higher than the oil & gas equipment & service industry average of 34. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 57.39% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 36 percentage points.

2. Drilling Tools International (NASDAQ:DTI)

Drilling Tools International (NASDAQ:DTI) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Drilling Tools International has a valuation score of 71, which is 37 points higher than the oil & gas equipment & service industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Drilling Tools International's stock has dropped -44.74% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -67 percentage points.

3. Dmc Global (NASDAQ:BOOM)

Dmc Global (NASDAQ:BOOM) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Dmc Global has a valuation score of 71, which is 37 points higher than the oil & gas equipment & service industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Dmc Global's stock has dropped -16.49% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -38 percentage points.

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

61.76% 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 24.76% 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 20.02x.

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.