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 C and is the 61st 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
NESR	NATIONAL ENERGY SERVICES REUNITED CORP	$32.58	$25.12	29.72%	34.66x	16.93x	2.03x	3.15x	0.48x	$161.68M	4.92%	$1.04B	10.33	$3.41B	11.92
FET	FORUM ENERGY TECHNOLOGIES INC	$82.08	N/A	N/A	-820.80x	20.27x	1.11x	3.19x	N/A	$54.33M	5.86%	$289.78M	25.67	$1.12B	16.13
SND	SMART SAND INC	$5.38	$2.77	94.12%	19.93x	N/A	0.55x	0.96x	1.11x	$34.63M	16.39%	$238.10M	6.07	$261.27M	6.66
RNGR	RANGER ENERGY SERVICES INC	$16.26	$10.53	54.45%	26.23x	17.05x	0.64x	1.26x	0.66x	$25.30M	6.57%	$302.90M	12.78	$425.42M	5.28
WHD	CACTUS INC	$66.68	$30.69	117.30%	56.03x	22.95x	3.40x	4.31x	0.82x	$329.74M	7.11%	$1.24B	17.85	$5.04B	15.80
BOOM	DMC GLOBAL INC	$6.16	N/A	N/A	-6.62x	-109.80x	0.21x	0.53x	N/A	$15.97M	12.84%	$237.35M	11.75	$157.05M	7.12
USAC	USA COMPRESSION PARTNERS LP	$26.87	$12.73	111.01%	25.11x	20.87x	3.31x	13.57x	1.08x	$312.53M	8.02%	$287.07M	1.98	$6.84B	10.23
HAL	HALLIBURTON CO	$33.64	$21.55	56.07%	17.71x	14.28x	1.26x	2.55x	0.83x	$1.94B	6.91%	$11.01B	13.17	$34.18B	9.54
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$12.70	N/A	N/A	15.39x	N/A	0.35x	0.99x	N/A	$16.71M	4.89%	$344.50M	12.80	$1.07B	4.43
FLOC	FLOWCO HOLDINGS INC	$20.25	N/A	N/A	12.66x	14.46x	1.06x	5.01x	N/A	$207.57M	23.92%	$365.15M	8.52	$2.15B	8.69
FTI	TECHNIPFMC PLC	$72.02	$26.40	172.81%	24.58x	22.47x	2.74x	8.63x	1.78x	$1.57B	5.51%	$3.27B	8.26	$28.49B	14.36
OII	OCEANEERING INTERNATIONAL INC	$46.29	N/A	N/A	13.23x	22.39x	1.61x	3.96x	N/A	$232.12M	5.03%	$1.16B	11.68	$4.69B	11.07
DTI	DRILLING TOOLS INTERNATIONAL CORP	$2.47	N/A	N/A	-27.44x	22.96x	0.57x	0.73x	N/A	$6.38M	7.33%	$119.71M	3.39	$164.04M	4.76
OIS	OIL STATES INTERNATIONAL INC	$8.41	N/A	N/A	-4.57x	14.87x	0.76x	0.87x	N/A	$62.20M	12.65%	$581.38M	9.94	$523.73M	-9.72
FTK	FLOTEK INDUSTRIES INC	$31.40	$5.90	432.26%	29.90x	40.19x	3.87x	8.80x	11.05x	-$4.11M	-0.36%	$129.21M	3.57	$1.19B	29.05
RES	RPC INC	$5.86	$2.45	138.73%	58.60x	21.41x	0.73x	1.17x	0.91x	$56.51M	4.35%	$1.11B	5.00	$1.17B	5.42
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$1.52	N/A	N/A	-0.48x	-0.47x	0.05x	-0.32x	N/A	$13.50M	41.78%	-$102.40M	-4.81	$367.44M	4.91
HMH	HMH HOLDING INC	$18.85	N/A	N/A	0.00x	11.24x	0.29x	3.94x	N/A	$102.31M	46.54%	$210.26M	18.03	$946.76M	6.99
HOS	HORNBECK OFFSHORE SERVICES INC	$8.41	$4.11	104.49%	31.15x	31.16x	0.95x	0.78x	0.91x	$235.75M	19.04%	$1.58B	10.76	$1.20B	5.78
VTOL	BRISTOW GROUP INC	$41.73	$35.04	19.08%	11.66x	12.01x	0.79x	1.14x	0.71x	-$34.22M	-2.77%	$1.09B	36.78	$1.89B	7.75
NOV	NOV INC	$20.07	$7.95	152.36%	74.33x	22.07x	0.83x	1.15x	0.92x	$607.00M	8.43%	$6.21B	17.28	$8.32B	10.69
EFXT	ENERFLEX LTD	$22.74	N/A	N/A	51.68x	N/A	1.08x	2.37x	N/A	$255.00M	9.19%	$1.17B	9.58	$3.30B	8.07
XPRO	EXPRO GROUP HOLDINGS NV	$16.46	$10.14	62.36%	51.44x	16.70x	1.18x	1.23x	0.58x	$93.91M	5.02%	$1.52B	13.34	$1.87B	6.58
LB	LANDBRIDGE CO LLC	$85.96	$22.66	279.41%	64.15x	41.15x	10.66x	27.70x	1.62x	$151.42M	6.30%	$355.53M	12.72	$10.35B	104.66
WFRD	WEATHERFORD INTERNATIONAL PLC	$82.03	$53.95	52.06%	16.08x	15.46x	1.23x	3.29x	0.85x	$526.00M	8.92%	$1.79B	24.88	$6.37B	8.01
INVX	INNOVEX INTERNATIONAL INC	$28.80	$14.34	100.77%	32.00x	16.85x	1.99x	1.90x	0.88x	$221.27M	11.17%	$1.06B	15.39	$1.87B	10.64
TDW	TIDEWATER INC	$86.69	$29.85	190.46%	17.55x	29.27x	3.20x	3.10x	4.29x	$253.85M	5.89%	$1.39B	28.01	$4.35B	11.45
SLB	SLB LIMITED	$51.12	$24.48	108.84%	24.58x	20.49x	2.09x	2.91x	1.08x	$4.08B	5.36%	$26.07B	17.50	$85.92B	12.02
TTI	TETRA TECHNOLOGIES INC	$6.08	$2.29	165.17%	202.67x	24.00x	1.32x	2.21x	0.86x	-$14.44M	-1.71%	$407.80M	2.93	$969.48M	12.02
DNOW	DNOW INC	$15.59	N/A	N/A	-10.12x	44.09x	0.69x	1.35x	N/A	$136.00M	4.79%	$2.09B	11.50	$3.29B	-34.97
AROC	ARCHROCK INC	$31.56	$15.73	100.67%	16.97x	17.99x	3.66x	3.57x	1.41x	$406.04M	7.38%	$1.55B	8.90	$7.89B	8.97
BKR	BAKER HUGHES CO	$57.25	$19.97	186.62%	18.23x	22.50x	2.05x	2.85x	3.55x	$3.36B	5.91%	$19.91B	20.06	$57.36B	11.35
STAK	STAK INC	$1.07	N/A	N/A	-1.81x	N/A	0.52x	0.94x	N/A	-$765.08k	-5.42%	$14.96M	1.13	$20.21M	-3.61
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$30.86	$4.01	669.67%	385.75x	53.96x	2.00x	5.01x	2.60x	-$120.72M	-8.02%	$759.92M	15.59	$5.38B	16.05
KGS	KODIAK GAS SERVICES INC	$58.73	$21.25	176.42%	69.09x	25.56x	4.03x	2.75x	1.04x	$25.17M	0.45%	$2.16B	22.64	$8.61B	14.05
CLB	CORE LABORATORIES INC	$11.25	N/A	N/A	21.23x	22.19x	1.00x	1.89x	N/A	$14.64M	2.83%	$272.67M	5.92	$658.58M	10.57
NGS	NATURAL GAS SERVICES GROUP INC	$35.37	$17.66	100.24%	21.70x	20.13x	2.33x	1.55x	1.10x	-$31.32M	-6.99%	$294.49M	23.25	$784.13M	9.35
DWSN	DAWSON GEOPHYSICAL CO	$3.25	N/A	N/A	27.08x	N/A	0.97x	5.04x	N/A	-$4.21M	-4.15%	$20.04M	0.65	$115.22M	8.85
RCON	RECON TECHNOLOGY LTD	$1.30	N/A	N/A	-0.01x	-0.01x	0.00x	0.00x	N/A	-$7.79M	-12,650.00%	$67.60M	1,426.95	-$5.24M	1.85
EROK	EAGLEROCK LAND LLC	$23.65	N/A	N/A	N/A	40.15x	N/A	1.90x	N/A	N/A	N/A	$327.83M	12.43	$563.02M	N/A
ACDC	PROFRAC HOLDING CORP	$5.17	N/A	N/A	-2.22x	-3.67x	0.53x	1.74x	N/A	-$48.50M	-5.15%	$542.50M	2.98	$2.14B	18.71
LBRT	LIBERTY ENERGY INC	$19.33	N/A	N/A	25.77x	45.26x	0.75x	1.61x	N/A	-$282.45M	-8.97%	$1.96B	12.05	$4.21B	6.39
NINE	NINE ENERGY SERVICE INC	$10.55	N/A	N/A	N/A	2.08x	N/A	1.14x	N/A	N/A	N/A	$129.57M	9.29	$257.79M	N/A
PUMP	PROPETRO HOLDING CORP	$10.48	N/A	N/A	-95.27x	-173.80x	1.11x	1.34x	N/A	-$1.17M	-0.10%	$957.43M	7.80	$1.36B	8.11
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$69.66	$22.13	214.73%	71.08x	55.96x	7.00x	5.91x	1.22x	-$724.41M	-13.58%	$901.98M	11.78	$6.95B	30.42
AESI	ATLAS ENERGY SOLUTIONS INC	$13.55	N/A	N/A	-14.26x	-14.82x	1.59x	1.52x	N/A	-$178.48M	-10.55%	$1.11B	8.91	$2.57B	23.21
GEOS	GEOSPACE TECHNOLOGIES CORP	$5.10	N/A	N/A	-1.66x	N/A	0.72x	0.69x	N/A	-$18.52M	-28.08%	$95.71M	7.40	$61.80M	-2.16
LSE	LEISHEN ENERGY HOLDING CO LTD	$4.62	N/A	N/A	462.00x	N/A	1.89x	1.76x	N/A	-$1.05M	-1.36%	$44.58M	2.65	$71.92M	818.47
VAL	VALARIS LTD	$83.76	N/A	N/A	6.28x	26.89x	2.72x	1.81x	N/A	-$24.10M	-0.42%	$3.22B	46.48	$6.36B	10.38
OMSE	OMS ENERGY TECHNOLOGIES INC	$4.37	$4.72	-7.37%	5.68x	5.64x	1.18x	0.98x	1.30x	$52.48M	28.60%	$189.64M	4.52	$37.98M	0.87

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Sep 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. National Energy Services Reunited (NASDAQ:NESR)

National Energy Services Reunited (NASDAQ:NESR) is the #1 top oil & gas equipment & service stock out of 50 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: B, Safety: C, Financials: C, and AI: C.

National Energy Services Reunited (NASDAQ:NESR) has a Due Diligence Score of 65, which is 31 points higher than the oil & gas equipment & service industry average of 34.

NESR passed 21 out of 33 due diligence checks and has strong fundamentals. National Energy Services Reunited has seen its stock return 212.97% over the past year, overperforming other oil & gas equipment & service stocks by 209 percentage points.

National Energy Services Reunited has an average 1 year price target of $41.25, an upside of 26.61% from National Energy Services Reunited's current stock price of $32.58.

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.

2. Forum Energy Technologies (NYSE:FET)

Forum Energy Technologies (NYSE:FET) is the #2 top oil & gas equipment & service stock out of 50 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: A, Sentiment: B, Safety: B, Financials: B, and AI: C.

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 17, which is -17 points lower than the oil & gas equipment & service industry average of 34. 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 199.78% over the past year, overperforming other oil & gas equipment & service stocks by 196 percentage points.

3. Smart Sand (NASDAQ:SND)

Smart Sand (NASDAQ:SND) is the #3 top oil & gas equipment & service stock out of 50 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 Smart Sand (NASDAQ:SND) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Smart Sand (NASDAQ:SND) has a Due Diligence Score of 49, which is 15 points higher than the oil & gas equipment & service industry average of 34.

SND passed 18 out of 38 due diligence checks and has strong fundamentals. Smart Sand has seen its stock return 153.77% over the past year, overperforming other oil & gas equipment & service stocks by 150 percentage points.

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

Out of 24 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. Atlas Energy Solutions (NYSE:AESI)

Atlas Energy Solutions (NYSE:AESI) has an annual dividend yield of N/A, which is N/A percentage points lower than the oil & gas equipment & service industry average of 1.9%.

Atlas Energy Solutions's dividend payout ratio of -26.3% indicates that its dividend yield might not be sustainable for the long-term.

2. Usa Compression Partners (NYSE:USAC)

Usa Compression Partners (NYSE:USAC) has an annual dividend yield of 7.83%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.9%. 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 196.7% indicates that its high 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 4.65%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 1.9%.

Smart Sand's dividend payout ratio of 92.6% indicates that its high 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 -0.23% in the last day, and down -3.98% 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. 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 43, which is 14 points higher than the oil & gas equipment & service industry average of 29. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -7.5% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -12 percentage points.

2. Hmh Holding (NASDAQ:HMH)

Hmh Holding (NASDAQ:HMH) 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.

Hmh Holding has a valuation score of 57, which is 28 points higher than the oil & gas equipment & service industry average of 29. It passed 4 out of 7 valuation due diligence checks.

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 71, which is 42 points higher than the oil & gas equipment & service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Smart Sand's stock has gained 153.77% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 150 percentage points.

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

58.33% 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 23.98% over the next year.

4.26% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 12.77% of oil & gas equipment & service stocks are rated B (Buy), 68.09% are rated C (Hold), 8.51% are rated D (Sell), and 6.38% 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 28.6x.

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. National Energy Services Reunited (NASDAQ:NESR)

2. Forum Energy Technologies (NYSE:FET)

3. Smart Sand (NASDAQ:SND)

1. Atlas Energy Solutions (NYSE:AESI)

2. Usa Compression Partners (NYSE:USAC)

3. Smart Sand (NASDAQ:SND)

1. North American Construction Group (NYSE:NOA)

2. Hmh Holding (NASDAQ:HMH)

3. Smart Sand (NASDAQ:SND)

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