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Best Oil & Gas Equipment & Service Stocks to Buy Now (2024)
Top oil & gas equipment & service stocks in 2024 ranked by overall Zen Score. See the best oil & gas equipment & service stocks to buy now, according to analyst forecasts for the oil & gas equipment & services industry.

Industry: Oil & Gas Equipment & Ser...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
VAL	VALARIS LTD	$69.20	455,686	-17.28%	2.28	2.15	2.19	3.94	7.53	80.87	85.63	78.39	100.00	93.62	0.15	0.00	0.14	0.95
PUMP	PROPETRO HOLDING CORP	$8.98	935,971	-57.77%	8.52	8.45	7.94	8.06	9.01	67.57	85.12	79.15	82.98	69.02	0.22	0.19	0.03	1.43
SDPI	SUPERIOR DRILLING PRODUCTS INC	$1.26	68,085	-75.23%	1.20	1.13	0.94	0.84	0.88	78.04	78.74	79.21	61.86	65.45	0.09	0.08	0.01	0.74
PFIE	PROFIRE ENERGY INC	$1.79	71,372	-60.93%	1.81	1.84	1.70	1.64	1.85	49.52	35.19	41.36	44.48	53.08	0.02	0.03	-0.01	0.66
RNGR	RANGER ENERGY SERVICES INC	$10.25	171,419	-41.81%	10.70	11.18	11.01	10.54	11.25	32.34	7.59	6.90	0.00	0.66	-0.22	-0.07	-0.15	0.22
DTI	DRILLING TOOLS INTERNATIONAL CORP	$5.60	59,677	-11.63%	5.08	4.70	3.67	3.38	3.70	78.84	92.56	90.03	47.74	48.70	0.54	0.49	0.05	0.01
RES	RPC INC	$7.12	2,146,554	-54.28%	7.73	7.82	7.62	7.34	7.81	32.88	37.83	51.73	16.92	41.29	-0.02	0.06	-0.08	0.94
BKR	BAKER HUGHES CO	$32.84	7,496,435	-5.86%	32.56	33.22	31.96	31.80	33.47	50.87	39.71	37.07	36.44	34.36	0.10	0.21	-0.11	1.15
DNOW	DNOW INC	$14.63	401,545	-35.00%	14.76	14.92	14.46	12.44	11.77	49.11	30.08	36.15	11.89	19.93	0.09	0.19	-0.10	1.08
HAL	HALLIBURTON CO	$38.54	5,052,409	-16.78%	38.66	39.64	37.80	36.60	38.11	46.91	21.53	21.82	16.77	16.56	0.10	0.36	-0.27	1.44
WFRD	WEATHERFORD INTERNATIONAL PLC	$127.97	1,077,302	18.00%	117.32	119.63	113.59	103.34	96.36	66.80	89.39	74.75	90.13	74.23	2.23	1.64	0.58	1.06
MRC	MRC GLOBAL INC	$11.60	312,376	-31.04%	11.76	12.15	12.14	11.36	10.78	37.99	8.44	12.66	12.83	18.81	-0.15	-0.07	-0.09	1.39
GEOS	GEOSPACE TECHNOLOGIES CORP	$12.64	39,542	21.59%	12.46	13.02	12.76	13.12	11.95	47.07	31.71	24.77	38.40	28.30	-0.17	-0.11	-0.05	1.13
WHD	CACTUS INC	$51.80	434,406	-31.56%	50.91	51.03	48.63	45.50	47.23	59.55	72.55	75.39	55.07	58.10	0.88	0.93	-0.05	1.22
CHX	CHAMPIONX CORP	$34.86	1,720,352	-36.61%	35.63	36.97	34.14	31.30	32.62	43.83	10.40	8.66	5.35	2.85	0.13	0.66	-0.53	1.48
LBRT	LIBERTY ENERGY INC	$23.01	1,958,677	-43.04%	22.34	22.30	21.46	20.01	18.94	63.53	81.66	74.80	82.71	69.65	0.44	0.40	0.05	1.35
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	$9.64	1,031,771	304.45%	8.55	8.68	8.45	8.08	9.02	68.98	56.17	44.36	61.55	51.12	0.09	0.05	0.04	1.13
SLB	SCHLUMBERGER LIMITED	$49.20	8,247,154	3.59%	50.15	52.20	51.61	50.95	54.15	30.28	9.50	10.05	6.70	3.82	-0.95	-0.47	-0.48	1.18
BOOM	DMC GLOBAL INC	$16.49	187,670	91.08%	16.73	17.73	17.75	17.65	19.16	33.53	9.84	10.98	18.34	19.12	-0.44	-0.30	-0.14	1.10
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$22.07	35,176	-45.42%	21.14	21.80	23.19	22.46	22.24	50.76	56.07	41.66	95.85	80.60	-0.46	-0.59	0.13	0.88
NGS	NATURAL GAS SERVICES GROUP INC	$23.79	91,786	94.47%	23.75	23.36	19.76	17.19	14.88	67.88	69.28	75.74	22.19	28.55	1.24	1.39	-0.15	0.73
NOV	NOV INC	$18.87	8,326,523	128.07%	18.79	19.44	18.56	18.97	19.47	46.53	27.88	25.67	24.78	21.37	-0.06	0.07	-0.12	1.29
AESI	ATLAS ENERGY SOLUTIONS INC	$23.43	642,875	16.22%	1.40	1.59	1.81	1.94	2.65	32.33	8.33	9.17	11.15	8.87	-0.16	-0.12	-0.03	0.55
SLCA	US SILICA HOLDINGS INC	$15.89	14,802,632	1,517.05%	13.12	13.13	12.32	11.59	12.14	78.47	61.49	44.98	53.68	34.68	0.39	0.26	0.13	1.49
DWSN	DAWSON GEOPHYSICAL CO	$1.64	13,610	65.39%	1.80	1.76	1.56	1.60	1.76	48.30	26.12	22.70	7.03	3.28	0.03	0.07	-0.04	0.56
DRQ	DRIL-QUIP INC	$19.91	296,040	-7.16%	19.80	21.41	22.24	21.89	23.90	36.59	13.48	8.66	21.87	11.74	-0.97	-0.75	-0.22	0.99
CLB	CORE LABORATORIES INC	$16.94	522,546	-24.47%	17.00	17.20	16.30	16.46	19.78	50.56	20.58	19.45	19.92	16.71	0.11	0.22	-0.11	1.23
FTK	FLOTEK INDUSTRIES INC	$3.47	50,293	52.23%	3.48	3.60	3.38	3.34	3.90	47.02	54.13	52.28	15.46	12.25	-0.00	0.03	-0.03	1.36
OII	OCEANEERING INTERNATIONAL INC	$24.90	1,099,344	-35.89%	23.22	23.93	22.51	21.50	22.24	64.15	65.19	46.94	65.46	43.69	0.30	0.30	-0.01	1.66
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$7.02	70,875	-65.47%	7.19	7.43	7.73	8.91	9.80	41.23	17.53	23.84	40.65	49.44	-0.19	-0.17	-0.01	1.52
USAC	USA COMPRESSION PARTNERS LP	$24.64	243,914	11.38%	24.90	25.82	26.02	25.22	24.05	34.52	9.08	9.42	10.89	9.73	-0.50	-0.38	-0.13	1.05
FTI	TECHNIPFMC PLC	$26.59	3,542,393	-57.72%	25.66	26.03	24.10	21.81	20.82	64.10	60.66	48.32	47.82	33.58	0.49	0.57	-0.09	1.30
SND	SMART SAND INC	$2.30	637,989	638.38%	2.05	2.06	1.99	1.94	1.99	71.49	61.59	47.60	65.91	45.49	0.05	0.03	0.02	1.11
TTI	TETRA TECHNOLOGIES INC	$4.56	1,139,195	10.11%	4.44	4.60	4.31	4.31	4.81	54.54	24.10	20.88	27.46	22.90	0.02	0.05	-0.03	1.42
RCON	RECON TECHNOLOGY LTD	$0.09	12,116,869	1,394.69%	0.10	0.12	0.14	0.18	0.25	35.48	13.44	12.27	6.45	7.60	-0.02	-0.01	-0.00	0.53
AROC	ARCHROCK INC	$20.20	1,025,837	-1.28%	19.63	20.12	19.16	17.31	15.02	57.99	51.58	44.55	47.22	39.21	0.18	0.26	-0.07	1.14
NCSM	NCS MULTISTAGE HOLDINGS INC	$16.35	2,411	8,213.79%	16.33	16.28	15.89	15.82	15.93	53.82	69.10	69.15	26.22	26.06	0.13	0.15	-0.02	1.30
NR	NEWPARK RESOURCES INC	$7.27	354,485	-22.75%	7.34	7.44	7.06	6.80	6.55	48.80	18.89	17.64	2.35	3.31	0.04	0.10	-0.05	1.21
KGS	KODIAK GAS SERVICES INC	$27.89	210,847	-11.82%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.12
EFXT	ENERFLEX LTD	$5.96	101,375	-15.55%	5.81	5.95	5.86	5.31	5.47	53.35	29.47	24.32	31.78	23.79	-0.03	0.00	-0.03	1.03
FET	FORUM ENERGY TECHNOLOGIES INC	$19.53	24,572	12.35%	19.41	19.59	19.27	20.13	22.01	51.70	40.64	40.40	44.11	39.24	0.04	0.06	-0.02	1.93
TDW	TIDEWATER INC	$95.72	451,035	-7.06%	91.91	94.65	86.45	76.79	70.51	59.94	49.79	43.07	35.90	29.98	1.42	2.06	-0.64	0.98
XPRO	EXPRO GROUP HOLDINGS NV	$20.15	836,429	-44.39%	19.20	19.50	19.09	17.86	19.30	60.03	55.27	45.71	52.40	43.55	0.13	0.11	0.02	1.54
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$11.32	1,569,491	-55.39%	10.97	11.30	10.46	10.08	9.99	58.10	43.81	38.52	36.40	31.20	0.15	0.21	-0.06	1.54
OIS	OIL STATES INTERNATIONAL INC	$4.31	6,571,150	279.56%	5.36	5.78	5.77	6.09	6.96	21.84	6.94	7.17	3.49	6.17	-0.26	-0.12	-0.14	1.30
VTOL	BRISTOW GROUP INC	$27.08	99,363	5.15%	25.57	26.11	26.43	26.61	27.33	60.53	69.52	56.83	93.42	81.17	-0.10	-0.23	0.13	1.24
TRSG	TUNGRAY TECHNOLOGIES INC	$7.25	326,902	-58.12%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-3.65
ACDC	PROFRAC HOLDING CORP	$8.23	591,924	-14.62%	8.07	8.36	8.10	7.92	9.17	50.74	42.02	41.89	52.85	47.54	-0.02	0.02	-0.04	1.19
ENSV	ENSERVCO CORP	$0.23	450,779	291.10%	0.27	0.26	0.23	0.23	0.30	45.07	13.63	22.25	0.00	2.17	0.01	0.02	-0.01	0.95
NINE	NINE ENERGY SERVICE INC	$2.31	237,621	26.68%	2.51	2.58	2.33	2.37	3.14	43.29	4.55	5.50	1.46	0.49	0.00	0.07	-0.06	1.23

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best oil & gas equipment & service stocks to buy right now are:

1. Valaris (NYSE:VAL)

Valaris (NYSE:VAL) is the top oil & gas equipment & service stock with a Zen Score of 58, which is 22 points higher than the oil & gas equipment & service industry average of 36. It passed 19 out of 33 due diligence checks and has strong fundamentals. Valaris has seen its stock return 17.93% over the past year, underperforming other oil & gas equipment & service stocks by -12 percentage points.

Valaris has an average 1 year price target of $99.00, an upside of 43.06% from Valaris's current stock price of $69.20.

Valaris stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Valaris, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Propetro Holding (NYSE:PUMP)

Propetro Holding (NYSE:PUMP) is the second best oil & gas equipment & service stock with a Zen Score of 58, which is 22 points higher than the oil & gas equipment & service industry average of 36. It passed 18 out of 33 due diligence checks and has strong fundamentals. Propetro Holding has seen its stock return 32.06% over the past year, overperforming other oil & gas equipment & service stocks by 2 percentage points.

Propetro Holding has an average 1 year price target of $11.00, an upside of 22.49% from Propetro Holding's current stock price of $8.98.

Propetro Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Propetro Holding, 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. Superior Drilling Products (NYSEMKT:SDPI)

Superior Drilling Products (NYSEMKT:SDPI) is the third best oil & gas equipment & service stock with a Zen Score of 57, which is 21 points higher than the oil & gas equipment & service industry average of 36. It passed 18 out of 33 due diligence checks and has strong fundamentals. Superior Drilling Products has seen its stock return 26% over the past year, underperforming other oil & gas equipment & service stocks by -4 percentage points.

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

Out of 16 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. Dawson Geophysical Co (NASDAQ:DWSN)

Dawson Geophysical Co (NASDAQ:DWSN) has an annual dividend yield of 19.51%, which is 16 percentage points higher than the oil & gas equipment & service industry average of 3.11%. Dawson Geophysical Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Dawson Geophysical Co's dividend has shown consistent growth over the last 10 years.

Dawson Geophysical Co's dividend payout ratio of 0% indicates that its high 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 8.52%, which is 5 percentage points higher than the oil & gas equipment & service industry average of 3.11%. 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 shown consistent growth over the last 10 years.

Usa Compression Partners's dividend payout ratio of 1,000% indicates that its high dividend yield might not be sustainable for the long-term.

3. Solaris Oilfield Infrastructure (NYSE:SOI)

Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 4.77%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 3.11%. Solaris Oilfield Infrastructure's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Solaris Oilfield Infrastructure's dividend has shown consistent growth over the last 10 years.

Solaris Oilfield Infrastructure's dividend payout ratio of 67.6% indicates that its high dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks up?

Oil & gas equipment & service stocks were up 1.39% in the last day, and up 3.74% over the last week. Us Silica Holdings was the among the top gainers in the oil & gas equipment & services industry, gaining 21.67% yesterday.

U.S. Silica Holdings shares are trading higher after the company reported Q1 financial results and entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo.

What are the most undervalued oil & gas equipment & service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued oil & gas equipment & service stocks right now are:

1. Profire Energy (NASDAQ:PFIE)

Profire Energy (NASDAQ:PFIE) is the most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Profire Energy has a valuation score of 86, which is 51 points higher than the oil & gas equipment & service industry average of 35. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 57.71% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 27 percentage points.

2. Dmc Global (NASDAQ:BOOM)

Dmc Global (NASDAQ:BOOM) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Dmc Global has a valuation score of 71, which is 36 points higher than the oil & gas equipment & service industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Dmc Global's stock has dropped -11.68% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -42 percentage points.

3. Drilling Tools International (NASDAQ:DTI)

Drilling Tools International (NASDAQ:DTI) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Drilling Tools International has a valuation score of 71, which is 36 points higher than the oil & gas equipment & service industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Drilling Tools International's stock has dropped -46.72% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -77 percentage points.

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

57.58% 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 18.89% over the next year.

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 20.84x.

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.