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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...
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
PUMP
PROPETRO HOLDING CORP
$8.443.05%-1.75%12.38%9.47%-21.63%19.72%-16.19%-64.42%N/A$11.37$6.3325.77%33.33%1.433,673,94848.91%
VAL
VALARIS LTD
$67.06-1.28%-5.68%-5.66%1.04%-5.03%0.15%N/AN/AN/A$78.92$54.1315.03%23.89%0.95442,261-30.47%
SDPI
SUPERIOR DRILLING PRODUCTS INC
$1.130.00%0.00%24.18%46.56%36.64%10.78%41.60%3.67%N/A$2.21$0.5848.87%94.83%0.7465,579-86.66%
PFIE
PROFIRE ENERGY INC
$1.856.32%-0.54%2.78%23.33%-20.94%58.80%60.87%8.19%-57.86%$3.29$1.0943.77%69.72%0.66201,51291.40%
RNGR
RANGER ENERGY SERVICES INC
$10.71-1.29%-9.39%-5.89%11.80%-23.61%-7.59%97.24%44.73%N/A$14.64$9.2726.84%15.53%0.22101,581-16.98%
DTI
DRILLING TOOLS INTERNATIONAL CORP
$4.771.49%0.21%66.78%72.83%23.74%-54.46%N/AN/AN/A$10.58$2.4354.91%96.30%0.0139,939-21.67%
WFRD
WEATHERFORD INTERNATIONAL PLC
$110.930.47%-8.08%-1.68%17.39%17.44%71.27%944.54%N/AN/A$127.45$55.8112.96%98.75%1.06595,343-24.00%
RES
RPC INC
$7.801.96%-2.01%3.31%20.74%-14.29%1.69%55.07%-37.40%-63.65%$9.42$6.3417.15%23.03%0.941,895,91572.54%
BKR
BAKER HUGHES CO
$32.200.56%-5.27%-0.59%4.31%-9.85%9.15%60.76%25.78%N/A$37.58$26.8114.30%20.10%1.155,714,1381.80%
HAL
HALLIBURTON CO
$38.651.60%-5.59%2.49%16.03%-10.39%14.08%86.99%24.16%-38.57%$43.85$27.8411.86%38.83%1.446,797,56244.61%
DNOW
DNOW INC
$14.730.75%-1.73%4.54%50.92%24.51%38.18%53.92%-4.66%N/A$15.58$8.835.43%66.82%1.08865,90539.23%
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$8.311.84%-5.68%-2.12%23.29%-20.10%3.49%-25.60%-54.91%N/A$11.33$6.5926.62%26.10%1.13223,774-68.56%
GEOS
GEOSPACE TECHNOLOGIES CORP
$12.260.08%-8.85%-1.68%-19.82%-7.96%54.60%48.97%-11.48%-81.42%$17.09$6.6128.26%85.48%1.1341,91652.73%
WHD
CACTUS INC
$49.17-0.47%-5.89%3.71%27.42%-5.50%15.29%69.79%30.29%N/A$57.00$31.3713.74%56.77%1.22440,696-0.85%
SLB
SCHLUMBERGER LIMITED
$50.940.26%-5.67%-4.66%4.90%-15.93%-2.36%92.01%11.81%-49.96%$62.12$42.7318.00%19.21%1.198,405,7527.57%
LBRT
LIBERTY ENERGY INC
$22.102.70%-2.04%8.65%27.82%12.87%69.74%107.71%32.81%N/A$23.31$11.625.19%90.19%1.364,549,71572.15%
MRC
MRC GLOBAL INC
$11.700.52%-6.10%-6.40%14.37%10.17%26.90%28.01%-36.03%-59.15%$13.00$8.1510.00%43.56%1.39370,724-12.80%
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$20.65-0.67%-5.28%-10.45%-9.43%-4.22%13.96%82.58%62.60%162.06%$26.30$18.0221.48%14.62%0.8767,89737.63%
BOOM
DMC GLOBAL INC
$16.56-0.72%-8.41%-7.85%-3.21%-18.94%-15.60%-70.73%-74.94%-15.77%$27.16$14.8939.03%11.22%1.10175,3177.85%
CHX
CHAMPIONX CORP
$36.280.58%-5.77%9.91%37.11%4.79%29.66%75.86%-11.51%N/A$39.95$24.989.19%45.24%1.492,487,102-0.12%
SLCA
US SILICA HOLDINGS INC
$12.681.04%-4.88%-0.39%21.34%-6.14%0.71%6.73%-28.48%-69.98%$14.64$10.0913.39%25.67%1.48704,85425.60%
NOV
NOV INC
$18.500.16%-7.91%-0.38%-4.98%-11.14%0.05%38.89%-31.41%-77.56%$21.91$14.0515.54%31.67%1.292,185,6271.48%
CLB
CORE LABORATORIES INC
$16.991.80%-5.03%5.72%8.01%-30.82%-22.77%-37.90%-76.99%-92.15%$27.95$13.8239.20%22.94%1.23434,716-2.89%
NGS
NATURAL GAS SERVICES GROUP INC
$23.380.86%-0.04%38.10%64.19%55.76%122.67%153.85%32.17%-27.39%$24.39$9.554.14%144.82%0.73131,58066.98%
FTI
TECHNIPFMC PLC
$25.16-0.71%-4.55%2.36%32.07%20.61%88.89%245.60%2.90%-54.52%$27.26$12.647.70%99.05%1.313,023,547-10.31%
AESI
ATLAS ENERGY SOLUTIONS INC
$21.92-0.23%-7.74%0.97%30.63%9.00%22.25%N/AN/AN/A$24.69$15.2811.22%43.46%0.57347,963-21.76%
OII
OCEANEERING INTERNATIONAL INC
$22.28-1.11%-9.10%2.25%11.23%-13.51%22.48%105.72%29.16%-69.48%$27.46$14.9918.86%48.63%1.66698,302-2.05%
DRQ
DRIL-QUIP INC
$19.45-2.06%-15.10%-18.04%-7.78%-25.85%-32.95%-34.56%-56.27%-82.74%$30.93$18.9337.12%2.75%0.99268,1571.72%
FTK
FLOTEK INDUSTRIES INC
$3.542.61%-4.58%-4.07%14.19%-13.24%-20.59%-59.03%-82.18%-98.00%$5.70$2.6437.89%33.99%1.3623,083-4.00%
TTI
TETRA TECHNOLOGIES INC
$4.340.00%-9.77%3.33%4.08%-33.13%42.76%77.87%77.87%-66.77%$6.77$2.5635.88%69.53%1.42822,77517.87%
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$7.000.00%-7.77%-4.63%-29.15%-34.70%-34.55%-12.83%-94.94%N/A$13.42$6.9147.84%1.30%1.52122,619-50.04%
USAC
USA COMPRESSION PARTNERS LP
$25.150.72%-3.05%-8.31%-0.04%-4.15%17.69%59.48%44.29%-6.89%$28.47$18.4811.66%36.09%1.05324,1912.16%
SND
SMART SAND INC
$2.001.01%-5.66%6.95%11.11%-8.68%20.48%-20.63%-50.74%N/A$2.48$1.4419.35%38.89%1.1162,13628.14%
OIS
OIL STATES INTERNATIONAL INC
$5.430.18%-11.71%-7.65%-9.50%-31.09%-33.62%-5.73%-69.77%-94.42%$9.02$5.2239.80%4.12%1.31992,299-19.88%
RCON
RECON TECHNOLOGY LTD
$0.10-2.00%-32.41%-28.47%-56.05%-69.85%-78.13%-98.78%-98.02%-99.61%$0.45$0.0978.22%7.69%0.53394,671-65.20%
NCSM
NCS MULTISTAGE HOLDINGS INC
$16.462.55%2.55%3.85%9.88%9.51%-28.12%-31.47%-83.99%N/A$22.66$12.0227.36%36.94%1.30115-44.44%
AROC
ARCHROCK INC
$18.94-0.68%-7.79%2.32%26.44%45.69%90.16%100.64%81.59%-57.18%$21.40$8.7811.50%115.69%1.141,049,791-1.24%
DWSN
DAWSON GEOPHYSICAL CO
$2.191.86%23.38%56.43%36.88%-5.81%19.67%-8.75%-19.78%-87.06%$2.65$1.2717.39%72.44%0.5553,422165.75%
NR
NEWPARK RESOURCES INC
$7.28-0.27%-4.96%2.39%20.53%3.70%84.77%125.39%-17.18%-39.28%$7.84$3.407.14%114.12%1.21630,86924.37%
KGS
KODIAK GAS SERVICES INC
$26.461.22%-3.71%1.26%22.27%51.81%N/AN/AN/AN/A$29.00$15.058.76%75.81%0.11194,767-48.15%
XPRO
EXPRO GROUP HOLDINGS NV
$18.43-1.02%-10.62%-0.75%9.83%-11.73%-3.86%-7.20%-51.17%-88.21%$25.04$14.3426.40%28.57%1.54771,84527.73%
EFXT
ENERFLEX LTD
$5.66-2.92%-8.71%-4.55%11.64%31.63%-6.29%N/AN/AN/A$8.36$3.9432.30%43.65%1.0380,700-45.34%
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$10.63-0.56%-9.99%5.77%10.73%-2.30%39.14%123.79%26.85%-53.19%$12.14$6.1912.44%71.87%1.54936,955-41.04%
FET
FORUM ENERGY TECHNOLOGIES INC
$19.01-0.89%-3.40%4.16%-7.13%-20.79%-18.59%2.98%-82.03%-96.92%$28.73$17.6533.83%7.71%1.9436,41666.33%
TDW
TIDEWATER INC
$88.78-1.42%-9.60%1.40%29.87%25.06%90.19%614.24%278.92%-94.41%$101.10$39.4112.19%125.27%0.98575,01729.16%
VTOL
BRISTOW GROUP INC
$25.041.05%-5.08%-2.42%-3.28%-10.64%11.79%-3.66%-6.43%-70.50%$31.89$20.0821.48%24.70%1.24116,19012.81%
ACDC
PROFRAC HOLDING CORP
$7.935.87%-4.34%1.41%11.38%-16.00%-33.81%N/AN/AN/A$14.32$6.4644.62%22.76%1.191,591,509100.00%
ENSV
ENSERVCO CORP
$0.26-7.42%-1.50%37.89%41.62%-41.78%-51.21%-81.42%-95.84%-99.21%$0.50$0.1747.60%53.22%0.96634,089-18.82%
NINE
NINE ENERGY SERVICE INC
$2.54-2.68%-10.88%17.05%10.43%-37.28%-47.52%22.71%-87.81%N/A$5.59$1.7954.52%42.30%1.23205,562-54.53%

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 0.15% over the past year, underperforming other oil & gas equipment & service stocks by -17 percentage points.

Valaris has an average 1 year price target of $99.00, an upside of 47.63% from Valaris's current stock price of $67.06.

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 19.72% 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 30.33% from Propetro Holding's current stock price of $8.44.

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 10.78% over the past year, underperforming other oil & gas equipment & service stocks by -6 percentage points.

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

Out of 15 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 8.35%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 2.14%. 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.

2. Solaris Oilfield Infrastructure (NYSE:SOI)


Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 5.54%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.14%. 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 57.7% indicates that its high dividend yield is sustainable for the long-term.

3. Archrock (NYSE:AROC)


Archrock (NYSE:AROC) has an annual dividend yield of 3.3%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.14%. Archrock's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Archrock's dividend has shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 93.3% 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 0.11% in the last day, and down -6.33% over the last week.

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

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 49 points higher than the oil & gas equipment & service industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 58.8% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 42 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 34 points higher than the oil & gas equipment & service industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Dmc Global's stock has dropped -15.6% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -33 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 34 points higher than the oil & gas equipment & service industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Drilling Tools International's stock has dropped -54.46% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -72 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 23.48% 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 27.37x.
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.