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 B and is the 58th 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	$70.35	N/A	N/A	-703.50x	32.25x	0.95x	2.73x	N/A	$54.33M	6.84%	$289.78M	25.67	$984.97M	14.22
NESR	NATIONAL ENERGY SERVICES REUNITED CORP	$27.78	$22.43	23.85%	42.09x	13.41x	1.96x	2.82x	0.47x	$129.84M	4.64%	$995.21M	9.87	$3.02B	12.19
RNGR	RANGER ENERGY SERVICES INC	$16.21	$12.28	32.02%	26.15x	14.59x	0.63x	1.25x	0.57x	$25.30M	6.59%	$302.90M	12.78	$424.25M	5.26
WHD	CACTUS INC	$63.84	$31.91	100.06%	53.65x	21.50x	3.26x	4.13x	0.79x	$329.74M	7.43%	$1.24B	17.85	$4.81B	15.09
EFXT	ENERFLEX LTD	$21.77	$5.86	271.78%	32.01x	N/A	1.02x	2.33x	2.88x	$183.00M	6.90%	$1.14B	9.35	$3.23B	7.18
DWSN	DAWSON GEOPHYSICAL CO	$4.66	N/A	N/A	31.07x	N/A	1.50x	6.20x	N/A	$3.87M	2.68%	$23.33M	0.75	$165.31M	12.75
BOOM	DMC GLOBAL INC	$7.23	N/A	N/A	-7.77x	-24.44x	0.25x	0.63x	N/A	$15.97M	10.94%	$237.35M	11.75	$179.02M	8.11
HAL	HALLIBURTON CO	$31.89	$22.67	40.70%	16.78x	13.54x	1.19x	2.41x	0.78x	$1.94B	7.28%	$11.01B	13.17	$32.72B	9.13
OII	OCEANEERING INTERNATIONAL INC	$48.72	N/A	N/A	13.92x	24.86x	1.69x	4.17x	N/A	$232.12M	4.78%	$1.16B	11.68	$4.93B	11.64
INVX	INNOVEX INTERNATIONAL INC	$28.30	$15.52	82.37%	37.24x	17.02x	2.00x	1.89x	0.78x	$245.02M	12.56%	$1.03B	14.95	$1.82B	11.25
FTI	TECHNIPFMC PLC	$69.19	$26.64	159.72%	23.61x	22.88x	2.63x	8.29x	1.87x	$1.57B	5.73%	$3.27B	8.26	$27.38B	13.80
SND	SMART SAND INC	$4.32	N/A	N/A	7.71x	N/A	0.47x	0.79x	N/A	$28.91M	17.08%	$234.12M	5.98	$205.11M	7.24
FLOC	FLOWCO HOLDINGS INC	$20.23	$9.87	105.06%	13.31x	13.66x	0.82x	5.44x	2.94x	$204.29M	31.94%	$336.22M	10.63	$2.18B	9.74
RES	RPC INC	$5.76	$2.16	166.06%	57.60x	30.56x	0.71x	1.15x	1.11x	$56.51M	4.43%	$1.11B	5.00	$1.15B	5.32
VTOL	BRISTOW GROUP INC	$45.67	$36.75	24.26%	11.50x	11.75x	0.87x	1.28x	0.88x	$59.48M	4.45%	$1.06B	36.20	$2.01B	7.68
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$9.26	$3.34	177.44%	92.60x	36.07x	1.05x	0.88x	1.05x	$167.43M	12.29%	$1.56B	10.58	$1.49B	8.29
HMH	HMH HOLDING INC	$20.49	N/A	N/A	0.00x	14.22x	5.16x	1.27x	N/A	$65.04M	1.59%	$707.66M	3.54	$1.18B	7.70
NCSM	NCS MULTISTAGE HOLDINGS INC	$47.13	N/A	N/A	8.74x	13.53x	0.70x	1.03x	N/A	$18.59M	14.68%	$120.21M	44.74	$105.16M	9.60
NGS	NATURAL GAS SERVICES GROUP INC	$36.37	$18.39	97.80%	20.78x	17.57x	2.51x	1.63x	1.22x	-$52.78M	-11.53%	$280.53M	22.29	$681.89M	8.33
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$2.16	N/A	N/A	-0.57x	-0.66x	0.07x	-0.45x	N/A	$17.40M	40.46%	-$96.10M	-4.83	$369.71M	5.55
USAC	USA COMPRESSION PARTNERS LP	$25.70	$14.16	81.50%	26.22x	19.70x	3.38x	11.77x	0.90x	$305.17M	8.32%	$316.67M	2.22	$6.71B	10.69
OIS	OIL STATES INTERNATIONAL INC	$8.24	N/A	N/A	-4.48x	12.55x	0.75x	0.85x	N/A	$62.20M	12.91%	$581.38M	9.94	$513.48M	-9.53
SLB	SLB LIMITED	$49.31	$26.37	86.99%	23.71x	19.54x	2.02x	2.81x	1.00x	$4.08B	5.56%	$26.07B	17.50	$83.24B	11.64
NPKI	NPK INTERNATIONAL INC	$13.21	$3.58	269.44%	26.42x	24.44x	3.73x	3.02x	4.02x	$29.28M	2.61%	$371.38M	4.37	$1.13B	13.21
NOV	NOV INC	$19.48	$8.54	128.16%	72.15x	24.15x	0.81x	1.12x	0.87x	$607.00M	8.68%	$6.21B	17.28	$8.11B	10.42
WFRD	WEATHERFORD INTERNATIONAL PLC	$88.35	$57.20	54.45%	17.32x	15.70x	1.33x	3.54x	0.90x	$526.00M	8.28%	$1.79B	24.88	$6.82B	8.58
BKR	BAKER HUGHES CO	$60.81	$18.97	220.61%	19.37x	25.31x	2.18x	3.03x	6.21x	$3.36B	5.56%	$19.91B	20.06	$60.89B	12.05
STAK	STAK INC	$1.97	N/A	N/A	-3.34x	N/A	0.96x	1.74x	N/A	-$765.08k	-2.94%	$14.96M	1.13	$32.10M	-5.73
EROK	EAGLEROCK LAND LLC	$22.10	N/A	N/A	N/A	37.51x	N/A	-14.09x	N/A	N/A	N/A	-$38.35M	-1.57	$833.88M	N/A
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$13.48	N/A	N/A	15.93x	N/A	0.42x	1.11x	N/A	$10.04M	2.59%	$348.51M	12.09	$1.01B	4.14
DTI	DRILLING TOOLS INTERNATIONAL CORP	$2.40	N/A	N/A	-21.82x	17.60x	0.54x	0.70x	N/A	$6.80M	8.08%	$120.42M	3.43	$158.21M	4.59
FTK	FLOTEK INDUSTRIES INC	$26.76	$5.87	355.92%	32.63x	45.15x	3.83x	8.19x	4.95x	-$2.48M	-0.26%	$118.18M	3.27	$1.01B	35.39
AROC	ARCHROCK INC	$35.12	$17.74	98.01%	19.09x	18.26x	4.03x	4.05x	1.33x	$383.76M	6.28%	$1.52B	8.72	$8.54B	9.83
LB	LANDBRIDGE CO LLC	$75.06	$21.83	243.85%	62.03x	35.93x	10.14x	24.95x	1.53x	$147.35M	7.05%	$344.50M	12.38	$9.10B	102.07
KGS	KODIAK GAS SERVICES INC	$58.06	$20.81	178.99%	77.41x	23.15x	3.77x	4.40x	1.10x	$224.58M	4.50%	$1.17B	13.63	$7.89B	13.72
TTI	TETRA TECHNOLOGIES INC	$7.80	$2.64	194.99%	195.00x	30.65x	1.67x	3.68x	1.03x	$3.27M	0.31%	$286.88M	2.13	$1.24B	14.69
TDW	TIDEWATER INC	$71.48	N/A	N/A	11.97x	23.58x	2.63x	2.60x	N/A	$281.93M	7.95%	$1.37B	27.59	$3.66B	8.90
PUMP	PROPETRO HOLDING CORP	$11.16	N/A	N/A	-101.45x	234.95x	1.18x	1.43x	N/A	-$1.17M	-0.09%	$957.43M	7.80	$1.44B	8.61
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$33.83	N/A	N/A	N/A	49.71x	2.36x	6.36x	N/A	N/A	N/A	$656.65M	14.96	$5.59B	N/A
NINE	NINE ENERGY SERVICE INC	$11.10	N/A	N/A	N/A	2.19x	N/A	1.16x	N/A	N/A	N/A	$133.98M	9.61	$259.50M	N/A
CLB	CORE LABORATORIES INC	$10.71	N/A	N/A	20.21x	21.84x	0.95x	1.80x	N/A	$14.64M	2.97%	$272.67M	5.92	$633.80M	10.17
GEOS	GEOSPACE TECHNOLOGIES CORP	$7.52	N/A	N/A	-3.31x	N/A	0.96x	0.93x	N/A	-$4.39M	-4.52%	$105.13M	8.14	$84.69M	-4.62
LBRT	LIBERTY ENERGY INC	$18.98	N/A	N/A	25.31x	44.29x	0.74x	1.58x	N/A	-$282.45M	-9.13%	$1.96B	12.05	$4.16B	6.30
DNOW	DNOW INC	$14.24	N/A	N/A	-11.97x	40.14x	0.78x	1.22x	N/A	$53.00M	2.00%	$2.14B	11.50	$3.17B	-37.77
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$55.52	$25.08	121.37%	59.06x	43.16x	5.90x	5.23x	0.88x	-$580.01M	-14.21%	$781.07M	10.62	$5.36B	28.43
ACDC	PROFRAC HOLDING CORP	$4.11	N/A	N/A	-1.61x	-3.13x	0.42x	1.20x	N/A	$13.80M	1.85%	$617.20M	3.39	$1.92B	19.48
AESI	ATLAS ENERGY SOLUTIONS INC	$10.93	N/A	N/A	-13.84x	-15.66x	1.28x	1.17x	N/A	$21.97M	1.61%	$1.17B	9.38	$2.02B	14.27
OMSE	OMS ENERGY TECHNOLOGIES INC	$4.30	$7.73	-44.38%	5.58x	4.68x	1.16x	0.96x	0.36x	$52.48M	29.07%	$189.64M	4.52	$35.01M	0.80
XPRO	EXPRO GROUP HOLDINGS NV	$15.96	$10.11	57.88%	49.88x	16.78x	1.14x	1.19x	0.60x	$93.91M	5.18%	$1.52B	13.34	$1.81B	6.38
RCON	RECON TECHNOLOGY LTD	$0.42	N/A	N/A	-0.97x	-0.71x	0.25x	0.19x	N/A	-$7.77M	-195.24%	$67.40M	7.11	$7.44M	-2.64
VAL	VALARIS LTD	$76.82	N/A	N/A	5.40x	23.54x	2.40x	1.68x	N/A	$121.10M	2.28%	$3.16B	45.68	$5.83B	8.74
LSE	LEISHEN ENERGY HOLDING CO LTD	$4.62	N/A	N/A	57.75x	N/A	1.59x	1.73x	N/A	-$2.99M	-3.87%	$45.43M	2.72	$72.27M	52.52

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Aug 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 52 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: B, Sentiment: B, Safety: B, Financials: B, and AI: C.

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 20, which is -13 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 6 out of 33 due diligence checks and has weak fundamentals. Forum Energy Technologies has seen its stock return 272.22% over the past year, overperforming other oil & gas equipment & service stocks by 216 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 52 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 National Energy Services Reunited (NASDAQ:NESR) is: Value: C, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

National Energy Services Reunited (NASDAQ:NESR) has a Due Diligence Score of 50, which is 17 points higher than the oil & gas equipment & service industry average of 33.

NESR passed 17 out of 33 due diligence checks and has strong fundamentals. National Energy Services Reunited has seen its stock return 336.11% over the past year, overperforming other oil & gas equipment & service stocks by 280 percentage points.

National Energy Services Reunited has an average 1 year price target of $34.50, an upside of 24.19% from National Energy Services Reunited's current stock price of $27.78.

National Energy Services Reunited stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering National Energy Services Reunited, 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. Ranger Energy Services (NYSE:RNGR)

Ranger Energy Services (NYSE:RNGR) is the #3 top oil & gas equipment & service stock out of 52 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: A.

Ranger Energy Services (NYSE:RNGR) has a Due Diligence Score of 43, which is 10 points higher than the oil & gas equipment & service industry average of 33.

RNGR passed 16 out of 38 due diligence checks and has strong fundamentals. Ranger Energy Services has seen its stock return 26.94% over the past year, underperforming other oil & gas equipment & service stocks by -29 percentage points.

Ranger Energy Services has an average 1 year price target of $20.00, an upside of 23.38% from Ranger Energy Services's current stock price of $16.21.

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 8.19%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.81%. 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 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 5.79%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 1.81%.

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

3. Rpc (NYSE:RES)

Rpc (NYSE:RES) has an annual dividend yield of 2.78%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.81%. Rpc's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Rpc's dividend has not shown consistent growth over the last 10 years.

Rpc's dividend payout ratio of 160% 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 0.25% in the last day, and up 1.14% over the last week. Flotek Industries was the among the top gainers in the oil & gas equipment & services industry, gaining 13.68% yesterday.

Flotek shares are trading higher after the company announced a 10-year agreement to support natural gas-fired grid enhancement initiatives for the Puerto Rico Electric Power Authority.

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 7 points higher than the oil & gas equipment & service industry average of 22. It passed 2 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -7.54% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -64 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 35 points higher than the oil & gas equipment & service industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 34.6% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -22 percentage points.

3. Ncs Multistage Holdings (NASDAQ:NCSM)

Ncs Multistage Holdings (NASDAQ:NCSM) 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.

Ncs Multistage Holdings has a valuation score of 43, which is 21 points higher than the oil & gas equipment & service industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has gained 59.71% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 3 percentage points.

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

56.76% 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 24.57% over the next year.

4.26% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 23.4% of oil & gas equipment & service stocks are rated B (Buy), 59.57% are rated C (Hold), 10.64% are rated D (Sell), and 2.13% 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 23.39x.

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.