Sectors & IndustriesEnergyOil & 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...
B
Oil & Gas Equipment & Services is Zen Rated B and is the 51st ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Value
Growth
Momentum
Sentiment
Safety
Financials
AI
1w Zen Rating
1m Zen Rating
3m Zen Rating
1y Zen Rating
FET
FORUM ENERGY TECHNOLOGIES INC
ACAACBBCAACC
HAL
HALLIBURTON CO
ACCBBABCBACC
FLOC
FLOWCO HOLDINGS INC
ACCBBCACAACC
NCSM
NCS MULTISTAGE HOLDINGS INC
BCCAACACBBAA
DTI
DRILLING TOOLS INTERNATIONAL CORP
BCCBBCBABBCD

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Use the proven Zen Ratings quant model to find stocks with high potential to beat the market. Stocks Zen-Rated "A" have beaten the market by +32.52% annually. Learn More

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Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Apr 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 +32.52% per year. Learn more.

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

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -15 points lower than the oil & gas equipment & service industry average of 33. 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 308.51% over the past year, overperforming other oil & gas equipment & service stocks by 215 percentage points.

2. Halliburton Co (NYSE:HAL)


Halliburton Co (NYSE:HAL) 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 +32.52% per year. Learn more.

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

Halliburton Co (NYSE:HAL) has a Due Diligence Score of 40, which is 7 points higher than the oil & gas equipment & service industry average of 33.

HAL passed 14 out of 38 due diligence checks and has average fundamentals. Halliburton Co has seen its stock return 90.29% over the past year, underperforming other oil & gas equipment & service stocks by -3 percentage points.

Halliburton Co has an average 1 year price target of $39.94, a downside of -1.05% from Halliburton Co's current stock price of $40.36.

Halliburton Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Halliburton Co, 56.25% have issued a Strong Buy rating, 6.25% have issued a Buy, 31.25% have issued a hold, while 0% have issued a Sell rating, and 6.25% have issued a Strong Sell.

3. Flowco Holdings (NYSE:FLOC)


Flowco Holdings (NYSE:FLOC) is the #3 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 +32.52% 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: A, and AI: C.

Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 35, which is 2 points higher than the oil & gas equipment & service industry average of 33.

FLOC passed 14 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock return 21.76% over the past year, underperforming other oil & gas equipment & service stocks by -72 percentage points.

Flowco Holdings has an average 1 year price target of $28.67, an upside of 19.15% from Flowco Holdings's current stock price of $24.06.

Flowco Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Flowco Holdings, 33.33% have issued a Strong Buy rating, 66.67% 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 7.63%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.58%. 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 247.1% 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 4.77%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 1.58%.

Smart Sand's dividend payout ratio of 500% 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 2.85%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.58%.

Kodiak Gas Services's dividend payout ratio of 208.9% 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 2.38% in the last day, and up 6.99% over the last week. Baker Hughes Co was the among the top gainers in the oil & gas equipment & services industry, gaining 6.9% yesterday.

Baker Hughes shares are trading higher after the company reported better-than-expected Q1 financial results.

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. Bristow Group (NYSE:VTOL)


Bristow Group (NYSE:VTOL) 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.

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

Bristow Group's stock has gained 65.6% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -28 percentage points.

2. Smart Sand (NASDAQ:SND)


Smart Sand (NASDAQ:SND) 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.

Smart Sand has a valuation score of 43, which is 17 points higher than the oil & gas equipment & service industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Smart Sand's stock has gained 154.37% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 61 percentage points.

3. North American Construction Group (NYSE:NOA)


North American Construction Group (NYSE:NOA) 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.

North American Construction Group has a valuation score of 43, which is 17 points higher than the oil & gas equipment & service industry average of 26. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -4.86% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -98 percentage points.

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

42.86% of oil & gas equipment & service stocks rated by analysts are a buy right now. On average, analysts expect oil & gas equipment & service stocks to fall by -1.51% over the next year.

6.98% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 18.6% of oil & gas equipment & service stocks are rated B (Buy), 62.79% are rated C (Hold), 6.98% are rated D (Sell), and 4.65% 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 35.7x.
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.