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 53rd 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
DNOW	DNOW INC	$13.13	$9.12	43.92%	14.75x	12.07x	0.57x	1.17x	1.21x	$177.00M	12.84%	$1.18B	11.26	$1.14B	6.90
EFXT	ENERFLEX LTD	$14.75	$8.65	70.48%	13.41x	13.16x	0.72x	1.56x	2.37x	$186.00M	10.31%	$1.16B	9.45	$2.46B	5.42
NCSM	NCS MULTISTAGE HOLDINGS INC	$38.41	$91.00	-57.79%	8.04x	8.81x	0.56x	0.89x	0.22x	$19.33M	19.40%	$110.14M	42.46	$85.45M	5.09
SND	SMART SAND INC	$3.86	N/A	N/A	35.09x	N/A	0.45x	0.70x	N/A	$12.06M	8.06%	$239.87M	6.18	$201.59M	6.17
FTI	TECHNIPFMC PLC	$49.18	$28.59	72.03%	21.67x	17.35x	2.06x	5.98x	1.17x	$1.54B	7.63%	$3.33B	8.13	$20.36B	11.79
VTOL	BRISTOW GROUP INC	$38.13	$39.77	-4.12%	7.70x	7.16x	0.75x	1.06x	1.26x	-$23.84M	-2.17%	$1.04B	35.91	$1.78B	6.62
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$14.65	$72.21	-79.71%	15.31x	4.59x	0.46x	1.24x	0.08x	$1.55M	0.37%	$336.49M	11.78	$996.63M	4.34
NPKI	NPK INTERNATIONAL INC	$12.10	$6.63	82.54%	30.25x	22.21x	3.94x	3.06x	1.03x	$8.48M	0.83%	$333.92M	3.95	$1.01B	14.41
FET	FORUM ENERGY TECHNOLOGIES INC	$38.25	N/A	N/A	-4.04x	23.16x	0.57x	1.46x	N/A	$80.25M	17.96%	$297.31M	25.45	$628.68M	-15.58
OII	OCEANEERING INTERNATIONAL INC	$25.68	$16.16	58.88%	11.12x	13.76x	0.91x	2.82x	3.36x	$119.71M	4.66%	$907.67M	9.08	$2.83B	6.50
USAC	USA COMPRESSION PARTNERS LP	$23.95	$18.53	29.24%	29.57x	18.80x	2.96x	-38.25x	0.64x	$292.70M	9.96%	-$76.81M	-0.63	$5.48B	9.35
OIS	OIL STATES INTERNATIONAL INC	$7.54	$6.27	20.31%	20.38x	14.83x	0.67x	0.65x	0.67x	$26.40M	6.05%	$688.97M	11.89	$509.65M	6.01
FLOC	FLOWCO HOLDINGS INC	$18.69	N/A	N/A	1.77x	14.37x	0.93x	4.56x	N/A	N/A	N/A	$370.96M	13.52	$1.95B	N/A
BOOM	DMC GLOBAL INC	$6.91	N/A	N/A	-15.02x	338.73x	0.22x	0.56x	N/A	$37.84M	27.48%	$252.97M	12.69	$172.40M	4.02
FTK	FLOTEK INDUSTRIES INC	$19.04	$7.93	139.95%	20.04x	18.45x	3.10x	5.18x	2.87x	-$4.66M	-0.68%	$110.50M	3.08	$621.33M	24.58
HAL	HALLIBURTON CO	$30.38	$23.58	28.81%	19.99x	13.63x	1.17x	2.51x	0.76x	$2.09B	8.09%	$10.20B	12.02	$32.11B	9.47
TTI	TETRA TECHNOLOGIES INC	$9.61	N/A	N/A	10.45x	33.74x	2.07x	4.33x	N/A	$6.80M	0.53%	$296.69M	2.22	$1.43B	14.88
CLB	CORE LABORATORIES INC	$18.03	$8.50	112.07%	25.76x	21.23x	1.61x	3.09x	1.49x	$37.55M	4.50%	$271.35M	5.87	$981.01M	14.25
RES	RPC INC	$5.64	$2.67	111.22%	24.52x	18.85x	0.81x	1.13x	1.55x	$95.57M	7.68%	$1.10B	5.00	$1.16B	5.05
NGS	NATURAL GAS SERVICES GROUP INC	$34.41	$19.14	79.77%	22.94x	17.53x	2.42x	1.59x	1.21x	-$43.01M	-9.97%	$271.42M	21.64	$629.07M	8.74
XPRO	EXPRO GROUP HOLDINGS NV	$14.07	$10.52	33.72%	23.45x	13.09x	0.97x	1.05x	0.73x	$132.57M	8.21%	$1.52B	13.22	$1.59B	5.30
INVX	INNOVEX INTERNATIONAL INC	$22.60	$18.29	23.57%	35.31x	13.86x	1.63x	1.50x	0.57x	$240.97M	15.50%	$1.04B	15.10	$1.48B	7.37
AROC	ARCHROCK INC	$25.70	$21.34	20.46%	17.02x	13.24x	3.12x	3.17x	0.75x	$105.26M	2.35%	$1.42B	8.15	$7.07B	9.25
SLB	SLB LIMITED	$42.37	$27.59	53.59%	16.23x	14.29x	1.77x	2.47x	1.25x	$3.46B	5.55%	$25.64B	17.43	$73.05B	9.45
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$6.81	$5.97	14.02%	23.48x	19.57x	0.76x	0.64x	0.58x	$78.39M	7.84%	$1.57B	10.72	$1.29B	6.82
WHD	CACTUS INC	$49.59	$25.96	91.03%	19.52x	16.99x	3.12x	3.33x	1.62x	$212.68M	6.25%	$1.19B	17.33	$3.55B	11.95
WFRD	WEATHERFORD INTERNATIONAL PLC	$86.36	$59.69	44.68%	15.48x	16.01x	1.25x	3.95x	1.16x	$382.00M	6.15%	$1.57B	21.79	$6.91B	7.44
RNGR	RANGER ENERGY SERVICES INC	$13.87	$14.91	-6.97%	20.40x	10.89x	0.55x	1.11x	0.47x	$56.20M	18.62%	$270.00M	12.40	$284.98M	4.30
NOV	NOV INC	$16.84	$11.41	47.57%	16.84x	14.83x	0.71x	0.95x	1.10x	$877.00M	14.07%	$6.46B	17.45	$7.29B	7.75
PUMP	PROPETRO HOLDING CORP	$9.31	N/A	N/A	-54.76x	-40.50x	0.74x	1.17x	N/A	$51.52M	5.33%	$826.21M	7.95	$1.10B	6.44
VAL	VALARIS LTD	$51.37	N/A	N/A	9.14x	14.49x	1.50x	1.46x	N/A	$249.70M	6.88%	$2.45B	34.62	$3.98B	4.52
BKR	BAKER HUGHES CO	$48.84	$22.90	113.32%	16.67x	18.22x	1.74x	2.65x	3.01x	$2.29B	4.74%	$18.16B	18.40	$51.56B	11.53
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$2.42	N/A	N/A	-0.56x	-0.68x	0.07x	-0.71x	N/A	-$18.60M	-43.10%	-$61.20M	-3.43	$346.47M	5.48
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$51.09	$30.15	69.45%	53.22x	31.76x	6.49x	6.40x	0.76x	-$387.57M	-11.08%	$546.55M	7.98	$3.94B	24.45
TDW	TIDEWATER INC	$52.92	$38.43	37.70%	17.76x	14.34x	1.92x	2.30x	0.92x	$292.30M	11.16%	$1.14B	23.09	$2.85B	6.48
GEOS	GEOSPACE TECHNOLOGIES CORP	$18.54	N/A	N/A	-24.39x	N/A	2.14x	1.89x	N/A	-$8.45M	-3.57%	$125.51M	9.81	$212.33M	216.89
LB	LANDBRIDGE CO LLC	$44.20	N/A	N/A	N/A	22.98x	6.26x	12.53x	N/A	$112.58M	10.05%	$271.99M	10.74	$3.75B	50.01
KGS	KODIAK GAS SERVICES INC	$35.92	$27.40	31.07%	43.28x	15.07x	2.43x	2.49x	0.59x	$234.49M	7.50%	$1.25B	14.35	$5.77B	9.78
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$18.76	N/A	N/A	N/A	44.99x	N/A	3.81x	N/A	N/A	N/A	$607.70M	14.05	$3.68B	N/A
LBRT	LIBERTY ENERGY INC	$18.99	N/A	N/A	16.51x	-36.80x	0.79x	1.49x	N/A	$35.35M	1.15%	$2.07B	12.78	$3.69B	4.68
ACDC	PROFRAC HOLDING CORP	$4.15	N/A	N/A	-2.01x	-2.91x	0.36x	0.87x	N/A	$65.90M	9.30%	$862.00M	5.05	$1.90B	7.77
AESI	ATLAS ENERGY SOLUTIONS INC	$9.81	N/A	N/A	-109.00x	-42.07x	1.09x	0.99x	N/A	-$18.40M	-1.52%	$1.22B	9.89	$1.76B	8.39
LSE	LEISHEN ENERGY HOLDING CO LTD	$4.80	N/A	N/A	34.29x	N/A	1.37x	1.90x	N/A	-$13.32M	-16.98%	$43.05M	2.64	$67.43M	33.89
DWSN	DAWSON GEOPHYSICAL CO	$1.72	N/A	N/A	-15.64x	N/A	0.83x	3.52x	N/A	$585.00k	1.10%	$15.19M	0.49	$61.83M	15.73
NINE	NINE ENERGY SERVICE INC	$0.40	N/A	N/A	-0.40x	-0.37x	0.03x	-0.18x	N/A	-$6.31M	-38.54%	-$95.87M	-2.32	$376.65M	6.09
STAK	STAK INC	$0.44	N/A	N/A	-0.83x	N/A	0.19x	0.45x	N/A	-$2.94M	-62.27%	$12.90M	1.20	$10.92M	-2.00
OMSE	OMS ENERGY TECHNOLOGIES INC	$4.70	N/A	N/A	N/A	4.80x	1.32x	1.22x	N/A	$41.02M	19.70%	$170.87M	3.86	$87.72M	1.94
RCON	RECON TECHNOLOGY LTD	$1.64	N/A	N/A	-2.50x	-1.45x	1.60x	0.77x	N/A	-$6.14M	-41.16%	$65.65M	7.22	$41.18M	-8.69
DTI	DRILLING TOOLS INTERNATIONAL CORP	$2.82	N/A	N/A	-14.10x	50.72x	0.62x	0.82x	N/A	$6.38M	6.38%	$121.11M	3.42	$172.65M	5.38

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Jan 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. Now (NYSE:DNOW)

Now (NYSE:DNOW) 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 Now (NYSE:DNOW) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: A, Financials: B, and AI: C.

Now (NYSE:DNOW) has a Due Diligence Score of 37, which is 3 points higher than the oil & gas equipment & service industry average of 34.

DNOW passed 11 out of 33 due diligence checks and has average fundamentals. Now has seen its stock return 1.47% over the past year, underperforming other oil & gas equipment & service stocks by -5 percentage points.

Now has an average 1 year price target of $17.33, an upside of 32.01% from Now's current stock price of $13.13.

Now stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Now, 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.

2. Enerflex (NYSE:EFXT)

Enerflex (NYSE:EFXT) 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 Enerflex (NYSE:EFXT) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: A.

Enerflex (NYSE:EFXT) has a Due Diligence Score of 38, which is 4 points higher than the oil & gas equipment & service industry average of 34.

EFXT passed 12 out of 33 due diligence checks and has average fundamentals. Enerflex has seen its stock return 44.75% over the past year, overperforming other oil & gas equipment & service stocks by 38 percentage points.

Enerflex has an average 1 year price target of $17.00, an upside of 15.25% from Enerflex's current stock price of $14.75.

Enerflex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Enerflex, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Ncs Multistage Holdings (NASDAQ:NCSM)

Ncs Multistage Holdings (NASDAQ:NCSM) is the #3 top oil & gas equipment & service stock out of 49 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 Ncs Multistage Holdings (NASDAQ:NCSM) is: Value: B, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: A.

Ncs Multistage Holdings (NASDAQ:NCSM) has a Due Diligence Score of 48, which is 14 points higher than the oil & gas equipment & service industry average of 34.

NCSM passed 15 out of 33 due diligence checks and has strong fundamentals. Ncs Multistage Holdings has seen its stock return 33.74% over the past year, overperforming other oil & gas equipment & service stocks by 27 percentage points.

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

Out of 17 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 6.58%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 2.44%. 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 194.4% 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 3.89%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.44%.

Smart Sand's dividend payout ratio of 90.9% indicates that its 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 3.87%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.44%.

Kodiak Gas Services's dividend payout ratio of 157.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are oil & gas equipment & service stocks down?

Oil & gas equipment & service stocks were down -1.63% in the last day, and up 4.25% over the last week.

We couldn't find a catalyst for why oil & gas equipment & service stocks are down.

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. Now (NYSE:DNOW)

Now (NYSE:DNOW) 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.

Now has a valuation score of 43, which is 15 points higher than the oil & gas equipment & service industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Now's stock has gained 1.47% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -5 percentage points.

2. Ncs Multistage Holdings (NASDAQ:NCSM)

Ncs Multistage Holdings (NASDAQ:NCSM) 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.

Ncs Multistage Holdings has a valuation score of 71, which is 43 points higher than the oil & gas equipment & service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has gained 33.74% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 27 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 71, which is 43 points higher than the oil & gas equipment & service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -33.5% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -40 percentage points.

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

41.18% 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 12.85% over the next year.

4.76% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 19.05% of oil & gas equipment & service stocks are rated B (Buy), 66.67% are rated C (Hold), 4.76% are rated D (Sell), and 4.76% 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 16.87x.

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.

Oil & Gas Equipment & Service Stocks FAQ

1. Now (NYSE:DNOW)

2. Enerflex (NYSE:EFXT)

3. Ncs Multistage Holdings (NASDAQ:NCSM)

1. Usa Compression Partners (NYSE:USAC)

2. Smart Sand (NASDAQ:SND)

3. Kodiak Gas Services (NYSE:KGS)

1. Now (NYSE:DNOW)

2. Ncs Multistage Holdings (NASDAQ:NCSM)

3. North American Construction Group (NYSE:NOA)

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