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 52nd ranked industry out of 146 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	$52.96	N/A	N/A	-91.31x	24.28x	0.74x	2.13x	N/A	$59.54M	10.02%	$280.68M	25.03	$801.38M	11.59
FLOC	FLOWCO HOLDINGS INC	$23.73	$10.28	130.88%	15.61x	15.85x	0.97x	6.38x	3.72x	$204.29M	27.23%	$336.22M	10.63	$2.49B	11.15
DWSN	DAWSON GEOPHYSICAL CO	$4.63	N/A	N/A	30.87x	N/A	1.49x	6.16x	N/A	$3.87M	2.70%	$23.33M	0.75	$164.38M	12.68
HAL	HALLIBURTON CO	$39.60	$24.49	61.68%	21.88x	16.56x	1.50x	3.07x	0.91x	$1.86B	5.60%	$10.78B	12.88	$39.16B	11.12
RNGR	RANGER ENERGY SERVICES INC	$15.85	$13.03	21.69%	24.02x	14.39x	0.66x	1.25x	0.57x	$20.20M	5.40%	$300.40M	12.73	$433.12M	5.80
WFRD	WEATHERFORD INTERNATIONAL PLC	$101.31	$57.08	77.50%	15.78x	16.74x	1.49x	4.14x	1.51x	$467.00M	6.41%	$1.76B	24.47	$7.87B	8.71
EFXT	ENERFLEX LTD	$24.30	$6.20	292.02%	35.74x	N/A	1.14x	2.60x	3.21x	$183.00M	6.18%	$1.14B	9.35	$3.53B	7.87
FTI	TECHNIPFMC PLC	$70.79	$28.20	151.00%	26.61x	23.71x	2.78x	8.39x	1.72x	$1.34B	4.75%	$3.36B	8.41	$28.57B	14.93
SND	SMART SAND INC	$5.32	N/A	N/A	9.50x	N/A	0.58x	0.98x	N/A	$28.91M	13.87%	$234.12M	5.98	$248.09M	8.76
INVX	INNOVEX INTERNATIONAL INC	$29.45	$18.29	61.00%	38.75x	18.03x	2.08x	1.96x	0.70x	$245.02M	12.07%	$1.03B	14.95	$1.90B	11.74
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$2.85	N/A	N/A	-0.76x	-0.87x	0.09x	-0.59x	N/A	$17.40M	30.67%	-$96.10M	-4.83	$383.45M	5.76
NGS	NATURAL GAS SERVICES GROUP INC	$42.37	$18.86	124.65%	24.21x	20.43x	2.93x	1.90x	1.51x	-$52.78M	-9.90%	$280.53M	22.29	$757.48M	9.25
HMH	HMH HOLDING INC	$20.87	N/A	N/A	0.00x	14.09x	5.25x	1.30x	N/A	$65.04M	1.56%	$707.66M	3.54	$1.20B	7.81
NPKI	NPK INTERNATIONAL INC	$14.98	$4.67	220.51%	32.57x	27.71x	4.40x	3.52x	2.29x	$34.61M	2.74%	$359.78M	4.26	$1.28B	16.08
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$9.74	$3.67	165.05%	97.40x	32.41x	1.10x	0.92x	1.05x	$167.43M	11.68%	$1.56B	10.58	$1.56B	8.68
BKR	BAKER HUGHES CO	$63.14	$20.35	210.20%	19.98x	26.40x	2.25x	3.24x	6.13x	$2.49B	3.97%	$19.31B	19.47	$64.04B	12.64
VTOL	BRISTOW GROUP INC	$43.96	$38.91	12.99%	11.07x	11.31x	0.84x	1.23x	0.84x	$59.48M	4.62%	$1.06B	36.20	$1.96B	7.49
USAC	USA COMPRESSION PARTNERS LP	$26.73	$13.73	94.73%	27.28x	18.93x	3.52x	12.24x	1.07x	$305.17M	8.00%	$316.67M	2.22	$6.85B	10.93
OIS	OIL STATES INTERNATIONAL INC	$8.50	N/A	N/A	-4.50x	19.34x	0.75x	0.90x	N/A	$78.23M	15.93%	$570.96M	9.88	$526.23M	-10.01
OII	OCEANEERING INTERNATIONAL INC	$39.39	N/A	N/A	11.62x	21.07x	1.40x	3.55x	N/A	$246.52M	6.29%	$1.11B	11.12	$4.04B	9.78
WHD	CACTUS INC	$59.10	$33.38	77.07%	54.72x	20.33x	3.44x	3.98x	0.73x	$312.55M	7.66%	$1.19B	17.25	$4.50B	16.05
SLB	SLB LIMITED	$56.18	$28.17	99.44%	24.43x	21.53x	2.34x	3.21x	1.20x	$3.99B	4.74%	$26.18B	17.46	$92.78B	12.63
RES	RPC INC	$7.19	$2.27	216.58%	71.90x	37.94x	0.91x	1.45x	1.41x	$63.34M	3.98%	$1.10B	4.95	$1.47B	6.78
TTI	TETRA TECHNOLOGIES INC	$10.40	$2.80	272.01%	260.00x	43.05x	2.22x	4.91x	1.37x	$3.27M	0.23%	$286.88M	2.13	$1.60B	18.84
NINE	NINE ENERGY SERVICE INC	$10.41	N/A	N/A	N/A	-9.72x	N/A	1.08x	N/A	N/A	N/A	$133.98M	9.61	$249.88M	N/A
AROC	ARCHROCK INC	$36.61	$18.04	102.98%	19.90x	19.35x	4.20x	4.23x	1.51x	$383.76M	6.02%	$1.52B	8.72	$8.80B	10.13
LBRT	LIBERTY ENERGY INC	$28.87	N/A	N/A	31.04x	-120.95x	1.16x	2.42x	N/A	-$157.47M	-3.37%	$1.95B	12.02	$5.64B	7.78
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$13.51	N/A	N/A	15.97x	N/A	0.42x	1.12x	N/A	$10.04M	2.58%	$348.51M	12.09	$1.01B	4.14
DTI	DRILLING TOOLS INTERNATIONAL CORP	$2.63	N/A	N/A	-23.91x	20.82x	0.60x	0.77x	N/A	$6.80M	7.38%	$120.42M	3.43	$166.29M	4.82
KGS	KODIAK GAS SERVICES INC	$69.08	$24.11	186.50%	92.11x	29.13x	4.48x	5.23x	1.17x	$224.58M	3.78%	$1.17B	13.63	$8.87B	15.42
BOOM	DMC GLOBAL INC	$7.10	N/A	N/A	-5.59x	-23.99x	0.24x	0.62x	N/A	$38.01M	26.69%	$235.20M	11.72	$167.67M	7.55
FTK	FLOTEK INDUSTRIES INC	$24.64	$5.97	312.70%	30.05x	42.69x	3.53x	7.54x	5.25x	-$2.48M	-0.28%	$118.18M	3.27	$936.68M	32.71
PUMP	PROPETRO HOLDING CORP	$15.51	N/A	N/A	-141.00x	436.90x	1.54x	1.92x	N/A	$9.13M	0.50%	$988.67M	8.46	$1.93B	11.80
EROK	EAGLEROCK LAND LLC	$21.25	N/A	N/A	2,125.00x	N/A	3.75x	N/A	N/A	N/A	N/A	$290.09M	11.62	N/A	N/A
LB	LANDBRIDGE CO LLC	$69.29	$22.18	212.40%	57.26x	34.96x	9.36x	23.03x	1.50x	$147.35M	7.64%	$344.50M	12.38	$8.44B	94.66
TDW	TIDEWATER INC	$76.91	$34.19	124.97%	12.88x	24.12x	2.83x	2.80x	11.15x	$281.93M	7.39%	$1.37B	27.59	$3.93B	9.56
NOV	NOV INC	$21.13	$8.80	140.19%	84.52x	26.69x	0.88x	1.22x	0.96x	$734.00M	9.62%	$6.21B	17.21	$8.58B	11.77
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$32.44	N/A	N/A	N/A	41.92x	2.26x	6.10x	N/A	N/A	N/A	$656.65M	14.96	$5.42B	N/A
CLB	CORE LABORATORIES INC	$13.16	$3.38	288.80%	20.89x	20.86x	1.16x	2.26x	180.52x	$21.57M	3.56%	$268.89M	5.84	$751.66M	11.04
ACDC	PROFRAC HOLDING CORP	$7.55	N/A	N/A	-2.96x	-5.61x	0.77x	2.21x	N/A	$13.80M	1.01%	$617.20M	3.39	$2.54B	25.79
GEOS	GEOSPACE TECHNOLOGIES CORP	$7.26	N/A	N/A	-3.20x	N/A	0.93x	0.89x	N/A	-$4.39M	-4.68%	$105.13M	8.14	$81.32M	-4.44
DNOW	DNOW INC	$14.03	N/A	N/A	-11.79x	37.42x	0.77x	1.20x	N/A	$53.00M	2.03%	$2.14B	11.50	$3.13B	-37.31
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$74.01	$27.68	167.33%	78.73x	49.84x	7.86x	6.97x	1.11x	-$580.01M	-10.66%	$781.07M	10.62	$6.72B	35.64
AESI	ATLAS ENERGY SOLUTIONS INC	$16.97	N/A	N/A	-21.48x	-30.97x	1.99x	1.81x	N/A	$21.97M	1.04%	$1.17B	9.38	$2.77B	19.60
OMSE	OMS ENERGY TECHNOLOGIES INC	$4.50	N/A	N/A	N/A	4.90x	1.27x	1.17x	N/A	$41.02M	20.58%	$170.87M	3.86	$78.81M	1.75
VAL	VALARIS LTD	$89.95	N/A	N/A	6.33x	25.91x	2.81x	1.97x	N/A	$121.10M	1.95%	$3.16B	45.68	$6.74B	10.10
LSE	LEISHEN ENERGY HOLDING CO LTD	$3.95	N/A	N/A	49.31x	N/A	1.36x	1.48x	N/A	-$2.99M	-4.54%	$45.43M	2.72	$60.78M	44.17
STAK	STAK INC	$5.13	N/A	N/A	-8.69x	N/A	2.49x	4.53x	N/A	-$765.08k	-1.13%	$14.96M	1.13	$73.84M	-13.17
XPRO	EXPRO GROUP HOLDINGS NV	$16.46	$10.94	50.52%	51.44x	16.99x	1.18x	1.23x	0.61x	$93.91M	5.02%	$1.52B	13.34	$1.87B	6.58
NCSM	NCS MULTISTAGE HOLDINGS INC	$54.33	N/A	N/A	7.28x	12.39x	0.80x	1.14x	N/A	$24.46M	17.12%	$124.83M	47.48	$120.25M	7.24
RCON	RECON TECHNOLOGY LTD	$0.54	N/A	N/A	-1.24x	-0.93x	0.32x	0.25x	N/A	-$7.77M	-151.57%	$67.40M	7.11	$11.15M	-3.95

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Jun 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 51 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 Forum Energy Technologies (NYSE:FET) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -14 points lower than the oil & gas equipment & service industry average of 32. 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 178.74% over the past year, overperforming other oil & gas equipment & service stocks by 119 percentage points.

2. Flowco Holdings (NYSE:FLOC)

Flowco Holdings (NYSE:FLOC) is the #2 top oil & gas equipment & service stock out of 51 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 Flowco Holdings (NYSE:FLOC) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.

Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 23, which is -9 points lower than the oil & gas equipment & service industry average of 32. Although this number is below the industry average, our proven quant model rates FLOC as a "B".

FLOC passed 9 out of 38 due diligence checks and has weak fundamentals. Flowco Holdings has seen its stock return 34.22% over the past year, underperforming other oil & gas equipment & service stocks by -26 percentage points.

Flowco Holdings has an average 1 year price target of $29.25, an upside of 23.26% from Flowco Holdings's current stock price of $23.73.

Flowco Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Flowco Holdings, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Dawson Geophysical Co (NASDAQ:DWSN)

Dawson Geophysical Co (NASDAQ:DWSN) is the #3 top oil & gas equipment & service stock out of 51 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 Dawson Geophysical Co (NASDAQ:DWSN) is: Value: C, Growth: A, Momentum: A, Sentiment: C, Safety: D, Financials: C, and AI: C.

Dawson Geophysical Co (NASDAQ:DWSN) has a Due Diligence Score of 22, which is -10 points lower than the oil & gas equipment & service industry average of 32. Although this number is below the industry average, our proven quant model rates DWSN as a "B".

DWSN passed 9 out of 38 due diligence checks and has weak fundamentals. Dawson Geophysical Co has seen its stock return 237.96% over the past year, overperforming other oil & gas equipment & service stocks by 178 percentage points.

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 7.88%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.62%. 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 214.8% 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 4.7%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 1.62%.

Smart Sand's dividend payout ratio of 44.6% indicates that its high dividend yield is sustainable for the long-term.

3. Kodiak Gas Services (NYSE:KGS)

Kodiak Gas Services (NYSE:KGS) has an annual dividend yield of 2.78%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.62%.

Kodiak Gas Services's dividend payout ratio of 190.7% 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 0.9% in the last day, and up 4.12% 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 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 A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

North American Construction Group has a valuation score of 29, which is 9 points higher than the oil & gas equipment & service industry average of 20. It passed 2 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -24.69% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -85 percentage points.

2. Bristow Group (NYSE:VTOL)

Bristow Group (NYSE:VTOL) 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.

Bristow Group has a valuation score of 57, which is 37 points higher than the oil & gas equipment & service industry average of 20. It passed 4 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 30.41% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -30 percentage points.

3. Hmh Holding (NASDAQ:HMH)

Hmh Holding (NASDAQ:HMH) is the third most undervalued oil & gas equipment & service stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Hmh Holding has a valuation score of 43, which is 23 points higher than the oil & gas equipment & service industry average of 20. It passed 3 out of 7 valuation due diligence checks.

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

47.22% 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 11.48% over the next year.

2.27% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 18.18% of oil & gas equipment & service stocks are rated B (Buy), 65.91% are rated C (Hold), 11.36% are rated D (Sell), and 2.27% 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 27.12x.

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.