Sectors & IndustriesEnergyOil & 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...
B
Oil & Gas Equipment & Services is Zen Rated B and is the 42nd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Financials
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
FET
FORUM ENERGY TECHNOLOGIES INC
$619.31M-3.10%-1.20%6.39%5.70%1.582.1727.70%-1.20%4.41%
NCSM
NCS MULTISTAGE HOLDINGS INC
$164.65M21.30%14.50%9.68%14.20%0.304.2741.10%12.90%8.05%
DTI
DRILLING TOOLS INTERNATIONAL CORP
$119.98M-3.10%-1.60%1.15%1.00%0.812.1174.10%-2.40%1.38%
FLOC
FLOWCO HOLDINGS INC
$2.00B43.60%2.50%3.79%4.80%1.263.3454.40%5.40%7.83%
OIS
OIL STATES INTERNATIONAL INC
$727.29M-16.60%-11.30%-15.36%-15.20%0.541.8619.90%-16.30%-14.17%
HAL
HALLIBURTON CO
$29.18B12.40%5.10%10.88%9.20%1.392.0415.70%5.80%9.53%
WFRD
WEATHERFORD INTERNATIONAL PLC
$6.10B28.10%8.30%16.91%15.40%2.062.1931.20%8.80%12.59%
EFXT
ENERFLEX LTD
$2.56B5.80%2.30%15.59%13.80%1.471.1322.60%2.50%11.01%
VTOL
BRISTOW GROUP INC
$1.25B12.90%5.70%9.80%7.40%1.181.9026.00%8.70%12.80%
FTI
TECHNIPFMC PLC
$25.01B29.60%9.50%25.91%26.50%2.001.1322.00%9.70%13.57%
BKR
BAKER HUGHES CO
$55.24B14.40%6.60%11.34%16.00%1.161.3623.60%9.30%11.04%
WHD
CACTUS INC
$3.67B14.20%9.10%12.54%23.20%0.365.8137.00%15.40%19.84%
RNGR
RANGER ENERGY SERVICES INC
$396.82M4.40%3.20%5.43%6.00%0.401.7516.50%2.20%3.47%
SLB
SLB LIMITED
$66.63B14.70%6.50%11.89%17.20%1.061.3318.20%9.40%13.36%
SND
SMART SAND INC
$161.74M0.60%0.40%-1.42%-1.30%0.421.7711.50%0.40%-1.25%
AROC
ARCHROCK INC
$6.14B22.70%7.50%14.17%9.30%1.921.5465.80%21.60%39.50%
INVX
INNOVEX INTERNATIONAL INC
$1.67B8.20%6.70%11.70%15.60%0.204.9131.00%8.50%13.40%
OII
OCEANEERING INTERNATIONAL INC
$3.52B39.40%14.40%16.94%17.10%1.491.9920.40%12.70%11.60%
CLB
CORE LABORATORIES INC
$740.36M12.40%5.40%10.94%10.00%1.162.3719.90%6.20%10.47%
USAC
USA COMPRESSION PARTNERS LP
$3.95B-178.70%4.20%12.48%6.30%-24.291.2767.10%11.20%30.42%
NGS
NATURAL GAS SERVICES GROUP INC
$454.62M7.10%3.60%6.86%5.50%1.071.8461.00%10.50%20.59%
TTI
TETRA TECHNOLOGIES INC
$1.11B1.10%0.50%8.21%6.60%1.392.0224.70%0.50%6.76%
FTK
FLOTEK INDUSTRIES INC
$551.86M30.70%17.60%14.45%14.40%0.931.7725.80%14.50%10.24%
XPRO
EXPRO GROUP HOLDINGS NV
$1.82B3.40%2.20%5.54%8.20%0.472.1723.90%3.20%6.26%
TDW
TIDEWATER INC
$3.79B28.10%15.50%13.88%14.00%0.752.9049.20%24.70%21.26%
NPKI
NPK INTERNATIONAL INC
$1.11B11.60%9.60%13.17%17.40%0.261.4336.40%14.10%18.28%
NOV
NOV INC
$6.75B2.30%1.30%5.14%5.70%0.792.4220.20%1.70%5.23%
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$345.77M8.60%2.10%7.63%5.10%2.970.9112.90%3.00%8.70%
PUMP
PROPETRO HOLDING CORP
$1.76B0.10%0.10%1.55%1.50%0.561.2923.70%0.10%1.27%
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.29B2.00%1.20%2.82%2.50%0.662.7512.30%2.40%5.05%
KGS
KODIAK GAS SERVICES INC
$4.67B6.30%1.80%7.90%5.10%2.590.8463.30%6.20%23.76%
DNOW
DNOW INC
$2.10B-6.20%-4.00%-3.42%-9.50%0.762.3417.00%-3.20%-3.58%
LBRT
LIBERTY ENERGY INC
$4.91B7.30%4.30%8.30%7.10%0.711.2220.90%3.70%5.88%
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$52.14MN/A-21.30%-14.53%-5.80%-5.591.1921.20%-12.10%-4.89%
RES
RPC INC
$1.46B2.90%2.20%4.76%6.40%0.343.2424.20%2.00%3.66%
LB
LANDBRIDGE CO LLC
$2.02B9.10%2.70%5.31%5.00%1.684.8799.00%15.10%36.11%
WBI
WATERBRIDGE INFRASTRUCTURE LLC
$3.13BN/AN/AN/AN/A3.423.36N/AN/AN/A
BOOM
DMC GLOBAL INC
$99.46M-5.40%-2.10%-0.55%-0.70%0.852.5122.20%-2.20%-0.47%
SEI
SOLARIS ENERGY INFRASTRUCTURE INC
$3.65B6.20%1.80%3.66%4.10%2.332.9640.30%4.60%11.64%
ACDC
PROFRAC HOLDING CORP
$1.26B-35.80%-11.50%-8.51%-6.00%2.000.9125.70%-17.10%-9.32%
GEOS
GEOSPACE TECHNOLOGIES CORP
$155.69M-21.90%-18.70%-22.97%-25.30%0.253.0415.60%-28.10%-27.58%
AESI
ATLAS ENERGY SOLUTIONS INC
$1.68B-4.00%-2.20%-0.50%-0.50%0.841.4613.80%-4.60%-0.93%
OMSE
OMS ENERGY TECHNOLOGIES INC
$199.35M20.60%14.20%21.00%59.40%0.207.1331.30%18.60%25.11%
VAL
VALARIS LTD
$6.42B38.70%20.90%14.19%14.40%0.671.7731.20%41.50%27.64%
STAK
STAK INC
$10.34M-48.70%-25.10%-43.66%-37.70%1.071.7530.90%-22.90%-23.34%
RCON
RECON TECHNOLOGY LTD
$37.98M-8.80%-7.90%-8.92%-9.90%0.155.8823.00%-64.30%-62.57%
LSE
LEISHEN ENERGY HOLDING CO LTD
$84.12M2.90%1.80%1.77%2.10%0.532.5417.60%2.60%1.69%
DWSN
DAWSON GEOPHYSICAL CO
$133.20M-19.70%-8.80%-12.86%-13.70%1.670.8018.10%-5.10%-4.81%

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Mar 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. Forum Energy Technologies (NYSE:FET)


Forum Energy Technologies (NYSE:FET) is the #1 top oil & gas equipment & service stock out of 48 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 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 18, which is -15 points lower than the oil & gas equipment & service industry average of 33. 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 213.33% over the past year, overperforming other oil & gas equipment & service stocks by 162 percentage points.

2. Ncs Multistage Holdings (NASDAQ:NCSM)


Ncs Multistage Holdings (NASDAQ:NCSM) is the #2 top oil & gas equipment & service stock out of 48 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 Ncs Multistage Holdings (NASDAQ:NCSM) is: Value: B, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: B.

Ncs Multistage Holdings (NASDAQ:NCSM) has a Due Diligence Score of 64, which is 31 points higher than the oil & gas equipment & service industry average of 33.

NCSM passed 20 out of 33 due diligence checks and has strong fundamentals. Ncs Multistage Holdings has seen its stock return 128.71% over the past year, overperforming other oil & gas equipment & service stocks by 77 percentage points.

3. Drilling Tools International (NASDAQ:DTI)


Drilling Tools International (NASDAQ:DTI) is the #3 top oil & gas equipment & service stock out of 48 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 Drilling Tools International (NASDAQ:DTI) is: Value: C, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: A.

Drilling Tools International (NASDAQ:DTI) has a Due Diligence Score of 16, which is -17 points lower than the oil & gas equipment & service industry average of 33. Although this number is below the industry average, our proven quant model rates DTI as a "A".

DTI passed 5 out of 33 due diligence checks and has weak fundamentals. Drilling Tools International has seen its stock return 20.07% 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 21 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 7.71%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.84%. 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 247.1% 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 4.04%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 1.84%.

Smart Sand's dividend payout ratio of 500% 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 3.46%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 1.84%.

Kodiak Gas Services's dividend payout ratio of 208.9% 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 -2.98% in the last day, and down -0.89% over the last week. North American Construction Group was the among the top losers in the oil & gas equipment & services industry, dropping -27.76% yesterday.

North American Construction Group shares are trading lower. The company reported Q4 financial results.

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. Bristow Group (NYSE:VTOL)


Bristow Group (NYSE:VTOL) 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.

Bristow Group has a valuation score of 71, which is 44 points higher than the oil & gas equipment & service industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 36.22% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -15 percentage points.

2. North American Construction Group (NYSE:NOA)


North American Construction Group (NYSE:NOA) 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.

North American Construction Group has a valuation score of 43, which is 16 points higher than the oil & gas equipment & service industry average of 27. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -25.77% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -77 percentage points.

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 14, which is -13 points higher than the oil & gas equipment & service industry average of 27. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates SND a Valuation Rating of "B".

Smart Sand's stock has gained 65.11% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 14 percentage points.

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

48.57% of oil & gas equipment & service stocks rated by analysts are a buy right now. On average, analysts expect oil & gas equipment & service stocks to rise by 7.46% over the next year.

9.52% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 21.43% of oil & gas equipment & service stocks are rated B (Buy), 54.76% are rated C (Hold), 9.52% 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 33.67x.
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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.