Sectors & Industries EnergyOil & Gas Equipment & Services
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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

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
PUMP	PROPETRO HOLDING CORP	$9.68	$26.07	-62.87%	14.03x	5.50x	0.65x	1.04x	0.15x	$94.50M	9.00%	$998.15M	9.20	$1.16B	3.91
SDPI	SUPERIOR DRILLING PRODUCTS INC	$1.26	$3.88	-67.52%	9.00x	N/A	1.95x	2.54x	0.14x	-$446.47k	-1.19%	$15.07M	0.50	$42.66M	120.32
PFIE	PROFIRE ENERGY INC	$1.38	$1.56	-11.36%	6.90x	N/A	1.13x	1.12x	1.05x	$2.30M	3.55%	$58.25M	1.24	$57.92M	4.83
RES	RPC INC	$6.98	$13.77	-49.29%	9.97x	6.65x	0.99x	1.45x	0.25x	$167.89M	11.22%	$1.03B	4.82	$1.31B	4.18
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$19.93	$15.30	30.27%	13.89x	11.79x	0.73x	2.01x	0.94x	$18.94M	3.56%	$265.18M	9.92	$1.02B	5.51
BKR	BAKER HUGHES CO	$33.46	$15.69	113.24%	18.38x	16.65x	1.27x	2.17x	2.05x	$2.35B	7.04%	$15.39B	15.42	$36.68B	9.65
WFRD	WEATHERFORD INTERNATIONAL PLC	$123.80	N/A	N/A	19.59x	63.49x	1.70x	8.30x	N/A	$675.00M	7.48%	$1.09B	14.97	$10.02B	10.14
DNOW	DNOW INC	$13.62	N/A	N/A	6.25x	14.49x	0.63x	1.35x	N/A	$262.00M	18.15%	$1.08B	10.15	$1.30B	8.17
HAL	HALLIBURTON CO	$37.90	$24.92	52.07%	13.07x	11.84x	1.46x	3.48x	1.47x	$2.59B	7.67%	$9.64B	10.84	$40.45B	8.56
VAL	VALARIS LTD	$76.60	$724.80	-89.43%	6.71x	N/A	2.95x	2.74x	0.04x	-$649.00M	-11.70%	$2.02B	27.91	$6.12B	21.36
MRC	MRC GLOBAL INC	$13.48	$12.01	12.24%	15.32x	10.29x	0.34x	2.32x	0.66x	$232.00M	20.32%	$495.00M	5.84	$1.51B	7.31
WHD	CACTUS INC	$51.96	$18.53	180.34%	20.46x	19.32x	2.97x	4.63x	3.96x	$334.96M	9.86%	$893.37M	13.67	$3.98B	13.32
GEOS	GEOSPACE TECHNOLOGIES CORP	$9.91	N/A	N/A	8.06x	N/A	0.97x	0.93x	N/A	$28.50M	21.55%	$142.19M	10.66	$112.31M	3.51
CHX	CHAMPIONX CORP	$34.36	$15.27	124.96%	18.28x	14.38x	1.76x	3.82x	2.43x	$487.13M	7.43%	$1.71B	8.97	$6.84B	8.98
LBRT	LIBERTY ENERGY INC	$23.68	$19.13	23.81%	8.43x	8.08x	0.86x	2.09x	2.24x	$381.31M	9.68%	$1.88B	11.33	$4.37B	3.96
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	$9.15	N/A	N/A	13.46x	N/A	1.45x	2.01x	N/A	$43.30M	10.75%	$200.13M	4.55	$446.27M	6.41
SLB	SCHLUMBERGER LIMITED	$48.59	$26.34	84.46%	15.93x	14.42x	2.04x	3.35x	1.77x	$4.08B	5.87%	$20.74B	14.49	$78.83B	9.58
NCSM	NCS MULTISTAGE HOLDINGS INC	$17.91	N/A	N/A	3.17x	N/A	0.31x	0.48x	N/A	$3.11M	6.91%	$93.72M	37.37	$44.62M	2.18
NOV	NOV INC	$19.06	N/A	N/A	7.62x	13.52x	0.86x	1.21x	N/A	-$28.00M	-0.37%	$6.25B	15.85	$9.54B	9.21
RNGR	RANGER ENERGY SERVICES INC	$10.43	$4.62	125.81%	15.34x	N/A	0.38x	0.91x	4.12x	$51.10M	21.54%	$261.70M	11.51	$260.57M	3.95
SLCA	US SILICA HOLDINGS INC	$15.52	$29.86	-48.02%	10.28x	6.60x	0.84x	1.40x	0.25x	$225.72M	18.72%	$864.18M	11.13	$1.86B	4.75
CLB	CORE LABORATORIES INC	$18.04	$21.46	-15.92%	22.27x	11.79x	1.65x	3.64x	0.37x	$23.04M	2.73%	$232.16M	4.95	$1.04B	14.54
BOOM	DMC GLOBAL INC	$13.10	N/A	N/A	11.91x	N/A	0.37x	0.64x	N/A	$55.93M	21.77%	$409.91M	20.90	$329.33M	3.75
OII	OCEANEERING INTERNATIONAL INC	$23.72	$39.11	-39.35%	21.96x	474.40x	0.96x	3.86x	0.25x	$83.07M	3.47%	$623.08M	6.17	$2.85B	9.17
AESI	ATLAS ENERGY SOLUTIONS INC	$23.53	N/A	N/A	13.68x	N/A	3.71x	2.42x	N/A	-$115.68M	-4.78%	$1.07B	10.36	$2.88B	12.96
AROC	ARCHROCK INC	$20.60	$8.27	149.10%	24.82x	N/A	3.09x	3.65x	1.94x	$103.36M	3.25%	$882.08M	5.72	$4.80B	10.48
NGS	NATURAL GAS SERVICES GROUP INC	$23.75	N/A	N/A	30.84x	N/A	2.24x	1.22x	N/A	-$111.19M	-37.81%	$241.27M	19.49	$450.63M	9.55
FTI	TECHNIPFMC PLC	$26.49	$9.28	185.40%	54.06x	35.80x	1.41x	3.80x	1.41x	$732.60M	6.38%	$3.01B	6.93	$12.64B	14.27
SND	SMART SAND INC	$2.21	N/A	N/A	10.05x	N/A	0.29x	0.39x	N/A	$1.49M	1.76%	$242.53M	6.29	$135.61M	4.46
DRQ	DRIL-QUIP INC	$19.25	N/A	N/A	-30.56x	12.83x	1.49x	0.77x	N/A	$38.28M	5.78%	$857.36M	24.91	$477.13M	32.62
KGS	KODIAK GAS SERVICES INC	$28.49	$7.56	276.99%	33.52x	N/A	2.52x	2.10x	3.45x	$64.63M	2.93%	$1.14B	14.79	$4.25B	9.20
DTI	DRILLING TOOLS INTERNATIONAL CORP	$5.76	N/A	N/A	13.71x	N/A	1.16x	1.87x	N/A	N/A	N/A	$91.51M	3.07	$200.78M	N/A
RCON	RECON TECHNOLOGY LTD	$1.69	N/A	N/A	-0.39x	N/A	0.35x	0.07x	N/A	-$7.21M	-226.21%	$61.54M	32.65	-$5.02M	0.74
USAC	USA COMPRESSION PARTNERS LP	$24.27	N/A	N/A	57.79x	89.89x	2.83x	20.02x	N/A	$4.56M	0.19%	$141.83M	1.38	$5.32B	10.44
TTI	TETRA TECHNOLOGIES INC	$4.21	N/A	N/A	26.31x	N/A	0.87x	3.75x	N/A	$12.83M	2.33%	$147.40M	1.13	$731.02M	8.77
NR	NEWPARK RESOURCES INC	$7.63	N/A	N/A	38.15x	N/A	0.90x	1.54x	N/A	$50.48M	7.76%	$421.59M	4.95	$707.31M	10.67
TDW	TIDEWATER INC	$105.50	N/A	N/A	41.21x	N/A	4.85x	5.27x	N/A	$112.80M	2.04%	$1.06B	20.20	$6.00B	15.46
FTK	FLOTEK INDUSTRIES INC	$3.85	N/A	N/A	32.08x	N/A	0.63x	1.10x	N/A	-$9.56M	-8.44%	$103.90M	3.53	$121.38M	11.80
EFXT	ENERFLEX LTD	$5.21	N/A	N/A	-4.53x	N/A	0.22x	0.63x	N/A	$301.36M	46.66%	$1.03B	8.27	$1.46B	5.53
VTOL	BRISTOW GROUP INC	$37.17	N/A	N/A	929.25x	N/A	0.79x	1.29x	N/A	-$62.43M	-5.93%	$820.69M	28.97	$1.74B	10.90
ACDC	PROFRAC HOLDING CORP	$9.01	N/A	N/A	-9.69x	1.69x	0.61x	1.19x	N/A	$167.20M	11.63%	$1.21B	7.61	$2.54B	5.35
FET	FORUM ENERGY TECHNOLOGIES INC	$18.61	N/A	N/A	-7.92x	N/A	0.30x	0.51x	N/A	$27.85M	12.26%	$446.20M	36.57	$527.46M	10.86
XPRO	EXPRO GROUP HOLDINGS NV	$21.78	N/A	N/A	-128.12x	18.15x	1.54x	1.86x	N/A	$24.86M	1.04%	$1.29B	11.75	$2.37B	11.00
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$11.68	N/A	N/A	-55.62x	N/A	1.33x	1.21x	N/A	$205.81M	11.57%	$1.47B	9.63	$2.14B	12.03
OIS	OIL STATES INTERNATIONAL INC	$4.72	N/A	N/A	-118.00x	3.93x	0.39x	0.44x	N/A	$24.28M	8.22%	$692.32M	11.08	$443.03M	6.54
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$5.87	N/A	N/A	-7.25x	N/A	0.12x	5.86x	N/A	$67.70M	68.38%	$16.90M	1.00	$374.01M	3.55
DWSN	DAWSON GEOPHYSICAL CO	$1.76	N/A	N/A	-7.33x	N/A	0.55x	1.99x	N/A	$2.07M	3.81%	$27.26M	0.89	$43.66M	24.98
ENSV	ENSERVCO CORP	$0.26	N/A	N/A	-0.85x	N/A	0.31x	20.69x	N/A	$1.04M	14.50%	$350.00k	0.01	$15.85M	-23.31
NINE	NINE ENERGY SERVICE INC	$1.87	N/A	N/A	-1.83x	1.08x	0.11x	-1.53x	N/A	$9.37M	14.81%	-$43.31M	-1.28	$416.05M	5.92

Oil & Gas Equipment & Service Stocks FAQ

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

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

1. Propetro Holding (NYSE:PUMP)

Propetro Holding (NYSE:PUMP) is the top oil & gas equipment & service stock with a Zen Score of 58, which is 24 points higher than the oil & gas equipment & service industry average of 34. It passed 18 out of 33 due diligence checks and has strong fundamentals. Propetro Holding has seen its stock return 34.63% over the past year, underperforming other oil & gas equipment & service stocks by -1 percentage points.

Propetro Holding has an average 1 year price target of $12.00, an upside of 23.97% from Propetro Holding's current stock price of $9.68.

Propetro Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts 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.

2. Superior Drilling Products (NYSEMKT:SDPI)

Superior Drilling Products (NYSEMKT:SDPI) is the second best oil & gas equipment & service stock with a Zen Score of 54, which is 20 points higher than the oil & gas equipment & service industry average of 34. It passed 17 out of 33 due diligence checks and has strong fundamentals. Superior Drilling Products has seen its stock return 27.27% over the past year, underperforming other oil & gas equipment & service stocks by -8 percentage points.

3. Profire Energy (NASDAQ:PFIE)

Profire Energy (NASDAQ:PFIE) is the third best oil & gas equipment & service stock with a Zen Score of 53, which is 19 points higher than the oil & gas equipment & service industry average of 34. It passed 16 out of 33 due diligence checks and has strong fundamentals. Profire Energy has seen its stock return 4.55% over the past year, underperforming other oil & gas equipment & service stocks by -31 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 8.65%, which is 7 percentage points higher than the oil & gas equipment & service industry average of 2.06%. 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 500% 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 5.03%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.06%. 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.

3. Archrock (NYSE:AROC)

Archrock (NYSE:AROC) has an annual dividend yield of 3.11%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.06%. 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 75.3% indicates that its dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks up?

Oil & gas equipment & service stocks were up 0.56% in the last day, and up 2.16% 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 54 points higher than the oil & gas equipment & service industry average of 32. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 4.55% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -31 percentage points.

2. Us Silica Holdings (NYSE:SLCA)

Us Silica Holdings (NYSE:SLCA) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Us Silica Holdings has a valuation score of 71, which is 39 points higher than the oil & gas equipment & service industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Us Silica Holdings's stock has gained 27.74% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -8 percentage points.

3. Propetro Holding (NYSE:PUMP)

Propetro Holding (NYSE:PUMP) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Propetro Holding has a valuation score of 71, which is 39 points higher than the oil & gas equipment & service industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Propetro Holding's stock has gained 34.63% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -1 percentage points.

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

61.11% 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 18.37% 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 20.57x.

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.