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 39th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
FET
FORUM ENERGY TECHNOLOGIES INC
18
14
57
0
0
FLOC
FLOWCO HOLDINGS INC
33
29
43
33
40
20
OIS
OIL STATES INTERNATIONAL INC
14
14
43
0
0
HAL
HALLIBURTON CO
40
43
71
44
0
40
NCSM
NCS MULTISTAGE HOLDINGS INC
60
71
86
11
70

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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 48 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: B, 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 191.7% over the past year, overperforming other oil & gas equipment & service stocks by 139 percentage points.

2. Flowco Holdings (NYSE:FLOC)


Flowco Holdings (NYSE:FLOC) is the #2 top oil & gas equipment & service stock out of 48 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: A, Safety: C, Financials: A, and AI: B.

Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 33, which is equal to the oil & gas equipment & service industry average of 33.

FLOC passed 13 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock lose -19.69% 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 39.16% from Flowco Holdings's current stock price of $20.60.

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.

3. Oil States International (NYSE:OIS)


Oil States International (NYSE:OIS) is the #3 top oil & gas equipment & service stock out of 48 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 Oil States International (NYSE:OIS) is: Value: C, Growth: B, Momentum: A, Sentiment: B, Safety: A, Financials: C, and AI: A.

Oil States International (NYSE:OIS) has a Due Diligence Score of 14, which is -19 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 OIS as a "B".

OIS passed 4 out of 33 due diligence checks and has weak fundamentals. Oil States International has seen its stock return 126.02% over the past year, overperforming other oil & gas equipment & service stocks by 74 percentage points.

Oil States International has an average 1 year price target of $14.00, an upside of 20.27% from Oil States International's current stock price of $11.64.

Oil States International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Oil States International, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 7.74%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.63%. 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. Kodiak Gas Services (NYSE:KGS)


Kodiak Gas Services (NYSE:KGS) has an annual dividend yield of 3.22%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 1.63%.

Kodiak Gas Services's dividend payout ratio of 208.9% indicates that its dividend yield might not be sustainable for the long-term.

3. Smart Sand (NASDAQ:SND)


Smart Sand (NASDAQ:SND) has an annual dividend yield of 2.93%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.63%.

Smart Sand's dividend payout ratio of 500% 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 1.32% in the last day, and down -1.89% over the last week. Dawson Geophysical Co was the among the top gainers in the oil & gas equipment & services industry, gaining 31.06% yesterday.

Dawson Geophysical shares are trading higher after the company reported a year-over-year increase in Q4 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 32 points higher than the oil & gas equipment & service industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 48.48% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -4 percentage points.

2. North American Construction Group (NYSE:NOA)


North American Construction Group (NYSE:NOA) 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.

North American Construction Group has a valuation score of 43, which is 18 points higher than the oil & gas equipment & service industry average of 25. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -14.63% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -67 percentage points.

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 43, which is 18 points higher than the oil & gas equipment & service industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Smart Sand's stock has gained 97.68% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 45 percentage points.

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

45.71% of oil & gas equipment & service stocks rated by analysts are a buy right now. On average, analysts expect oil & gas equipment & service stocks to rise by 3.91% over the next year.

4.65% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 20.93% 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 31.71x.
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