Sectors & Industries EnergyOil & Gas Equipment & Services
Best Oil & Gas Equipment & Service Stocks to Buy Now (2023)
Top oil & gas equipment & service stocks in 2023 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	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
TH	TARGET HOSPITALITY CORP	$1.46B	$14.45	$20.00	38.41%	Buy	2	8.14%	65.00%	60.84%	22.63%
RNGR	RANGER ENERGY SERVICES INC	$286.60M	$11.52	$14.00	21.53%	Hold	1	N/A	N/A	N/A	N/A
PUMP	PROPETRO HOLDING CORP	$820.45M	$7.12	$14.00	96.63%	Strong Buy	1	7.33%	117.22%	N/A	N/A
NEX	NEXTIER OILFIELD SOLUTIONS INC	$1.86B	$8.05	$10.60	31.68%	Buy	5	9.18%	-14.96%	45.49%	21.97%
LBRT	LIBERTY ENERGY INC	$2.19B	$12.53	$17.70	41.26%	Hold	5	4.62%	-10.61%	32.27%	18.59%
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	$363.16M	$7.93	$8.00	0.88%	Hold	1	N/A	N/A	40.76%	17.91%
RES	RPC INC	$1.53B	$7.09	$29.13	310.79%	Hold	2	-10.77%	-39.37%	24.49%	19.13%
SDPI	SUPERIOR DRILLING PRODUCTS INC	$33.63M	$1.15	$2.00	73.91%	Strong Buy	1	N/A	N/A	N/A	N/A
HAL	HALLIBURTON CO	$27.25B	$30.20	$50.17	66.12%	Strong Buy	12	5.20%	18.71%	N/A	N/A
ACDC	PROFRAC HOLDING CORP	$1.86B	$11.72	$23.00	96.25%	Strong Buy	4	14.86%	84.90%	708.13%	23.32%
MRC	MRC GLOBAL INC	$770.54M	$9.15	$13.50	47.54%	Strong Buy	2	2.90%	20.70%	N/A	N/A
WHD	CACTUS INC	$2.68B	$33.72	$51.75	53.47%	Buy	4	8.12%	2.79%	28.98%	14.05%
MARPS	MARINE PETROLEUM TRUST	$14.98M	$7.49	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CHX	CHAMPIONX CORP	$5.27B	$26.63	$40.00	50.21%	Strong Buy	1	0.63%	48.38%	N/A	N/A
NINE	NINE ENERGY SERVICE INC	$104.50M	$3.01	$7.00	132.56%	Strong Buy	2	2.20%	124.00%	-529.58%	14.08%
PFIE	PROFIRE ENERGY INC	$61.56M	$1.30	N/A	N/A	N/A	N/A	-21.52%	N/A	N/A	N/A
NOV	NOV INC	$5.93B	$15.05	$24.56	63.16%	Strong Buy	9	7.04%	28.89%	N/A	N/A
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$143.89M	$8.77	$24.00	173.66%	Strong Buy	1	N/A	N/A	N/A	N/A
OIS	OIL STATES INTERNATIONAL INC	$442.07M	$6.88	$10.00	45.35%	Hold	1	8.16%	700.00%	11.09%	7.34%
SLB	SCHLUMBERGER LIMITED	$63.40B	$44.48	$67.00	50.63%	Strong Buy	10	6.38%	13.53%	N/A	N/A
DNOW	NOW INC	$1.04B	$9.76	$14.00	43.44%	Buy	2	2.32%	-3.92%	N/A	N/A
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$510.91M	$18.36	N/A	N/A	N/A	N/A	-7.52%	-16.83%	19.32%	6.63%
CLB	CORE LABORATORIES INC	$1.08B	$23.13	$22.88	-1.10%	Hold	4	12.21%	86.27%	36.54%	12.03%
WTTR	SELECT WATER SOLUTIONS INC	$915.82M	$7.52	$10.00	32.98%	Buy	2	N/A	N/A	11.77%	7.01%
AROC	ARCHROCK INC	$1.46B	$9.33	$14.00	50.05%	Buy	2	N/A	N/A	N/A	N/A
DRQ	DRIL-QUIP INC	$816.73M	$23.90	$25.00	4.60%	Strong Sell	1	14.09%	N/A	5.82%	5.26%
WFRD	WEATHERFORD INTERNATIONAL PLC	$4.26B	$59.07	$89.40	51.35%	Strong Buy	5	1.34%	-71.08%	24.78%	2.98%
TTI	TETRA TECHNOLOGIES INC	$354.55M	$2.74	$8.00	191.97%	Strong Buy	1	N/A	N/A	31.97%	8.62%
SND	SMART SAND INC	$63.85M	$1.55	N/A	N/A	N/A	N/A	N/A	N/A	0.53%	0.35%
FET	FORUM ENERGY TECHNOLOGIES INC	$245.62M	$24.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BKR	BAKER HUGHES CO	$28.23B	$27.89	$37.46	34.30%	Strong Buy	11	6.30%	N/A	N/A	N/A
GIFI	GULF ISLAND FABRICATION INC	$51.84M	$3.21	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SLCA	US SILICA HOLDINGS INC	$950.97M	$12.34	$16.00	29.66%	Hold	3	2.23%	9.88%	24.67%	8.75%
TUSK	MAMMOTH ENERGY SERVICES INC	$180.83M	$3.79	$6.00	58.31%	Strong Buy	2	N/A	N/A	N/A	N/A
NR	NEWPARK RESOURCES INC	$325.02M	$3.82	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BOOM	DMC GLOBAL INC	$333.01M	$16.89	$35.00	107.22%	Buy	2	N/A	N/A	11.24%	4.75%
MTRX	MATRIX SERVICE CO	$147.41M	$5.45	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
RCON	RECON TECHNOLOGY LTD	$13.59M	$0.40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
OII	OCEANEERING INTERNATIONAL INC	$1.64B	$16.31	$23.50	44.08%	Buy	2	-0.02%	73.47%	0.97%	0.25%
USAC	USA COMPRESSION PARTNERS LP	$1.85B	$18.82	$21.00	11.58%	Sell	3	N/A	N/A	-15.75%	1.00%
NCSM	NCS MULTISTAGE HOLDINGS INC	$44.39M	$18.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GEOS	GEOSPACE TECHNOLOGIES CORP	$109.26M	$8.30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
VAL	VALARIS LTD	$4.59B	$60.99	$88.50	45.11%	Buy	2	N/A	N/A	N/A	N/A
XPRO	EXPRO GROUP HOLDINGS NV	$1.90B	$17.50	$22.00	25.71%	Strong Buy	1	2.61%	N/A	10.26%	6.73%
CCLP	CSI COMPRESSCO LP	$150.51M	$1.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TDW	TIDEWATER INC	$2.39B	$47.01	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ATLX	ATLAS LITHIUM CORP	$208.78M	$21.51	$56.33	161.89%	Strong Buy	3	N/A	N/A	N/A	N/A
DWSN	DAWSON GEOPHYSICAL CO	$51.00M	$2.04	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FTI	TECHNIPFMC PLC	$6.15B	$13.93	$18.50	32.81%	Strong Buy	6	7.07%	N/A	N/A	N/A
IONR	IONEER LTD	$476.85M	$9.09	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NGS	NATURAL GAS SERVICES GROUP INC	$130.89M	$10.47	$26.00	148.33%	Strong Buy	1	N/A	N/A	N/A	N/A
FTK	FLOTEK INDUSTRIES INC	$60.02M	$0.68	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$1.00B	$6.61	N/A	N/A	N/A	N/A	N/A	N/A	2.20%	1.41%
VTOL	BRISTOW GROUP INC	$662.95M	$23.67	$40.00	68.99%	Strong Buy	1	N/A	N/A	N/A	N/A
ENSV	ENSERVCO CORP	$6.36M	$0.34	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HHRS	HAMMERHEAD ENERGY INC	$648.34M	$7.13	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AESI	ATLAS ENERGY SOLUTIONS INC	$1.63B	$16.29	$24.50	50.40%	Strong Buy	8	N/A	N/A	N/A	N/A

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in May 2023?

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

1. Target Hospitality (NASDAQ:TH)

Target Hospitality (NASDAQ:TH) is the top oil & gas equipment & service stock with a Zen Score of 75, which is 40 points higher than the oil & gas equipment & service industry average of 35. It passed 25 out of 33 due diligence checks and has strong fundamentals. Target Hospitality has seen its stock return 137.66% over the past year, overperforming other oil & gas equipment & service stocks by 144 percentage points.

Target Hospitality has an average 1 year price target of $20.00, an upside of 38.41% from Target Hospitality's current stock price of $14.45.

Target Hospitality stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Target Hospitality, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Ranger Energy Services (NYSE:RNGR)

Ranger Energy Services (NYSE:RNGR) is the second best oil & gas equipment & service stock with a Zen Score of 57, which is 22 points higher than the oil & gas equipment & service industry average of 35. It passed 18 out of 33 due diligence checks and has strong fundamentals. Ranger Energy Services has seen its stock return 6.86% over the past year, overperforming other oil & gas equipment & service stocks by 14 percentage points.

Ranger Energy Services has an average 1 year price target of $14.00, an upside of 21.53% from Ranger Energy Services's current stock price of $11.52.

Ranger Energy Services stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ranger Energy Services, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Propetro Holding (NYSE:PUMP)

Propetro Holding (NYSE:PUMP) is the third best oil & gas equipment & service stock with a Zen Score of 56, which is 21 points higher than the oil & gas equipment & service industry average of 35. It passed 17 out of 33 due diligence checks and has strong fundamentals. Propetro Holding has seen its stock lose -44.29% over the past year, underperforming other oil & gas equipment & service stocks by -38 percentage points.

Propetro Holding has an average 1 year price target of $14.00, an upside of 96.63% from Propetro Holding's current stock price of $7.12.

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.

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. Usa Compression Partners (NYSE:USAC)

Usa Compression Partners (NYSE:USAC) has an annual dividend yield of 11.16%, which is 8 percentage points higher than the oil & gas equipment & service industry average of 3.22%. 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 -1,909.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Marine Petroleum Trust (NASDAQ:MARPS)

Marine Petroleum Trust (NASDAQ:MARPS) has an annual dividend yield of 8.89%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 3.22%. Marine Petroleum Trust's dividend payout is not stable, having dropped more than 10% sixteen times in the last 10 years. Marine Petroleum Trust's dividend has not shown consistent growth over the last 10 years.

Marine Petroleum Trust's dividend payout ratio of 112.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Archrock (NYSE:AROC)

Archrock (NYSE:AROC) has an annual dividend yield of 6.32%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 3.22%. Archrock's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Archrock's dividend has not shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 153.9% 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 -0.39% in the last day, and down -0.91% 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 WallStreetZen's Valuation Score, the 3 most undervalued oil & gas equipment & service stocks right now are:

1. Klx Energy Services Holdings (NASDAQ:KLXE)

Klx Energy Services Holdings (NASDAQ:KLXE) is the most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Klx Energy Services Holdings 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.

Klx Energy Services Holdings's stock has gained 53.59% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 60 percentage points.

2. Gulf Island Fabrication (NASDAQ:GIFI)

Gulf Island Fabrication (NASDAQ:GIFI) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Gulf Island Fabrication 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.

Gulf Island Fabrication's stock has dropped -3.6% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 3 percentage points.

3. Mrc Global (NYSE:MRC)

Mrc Global (NYSE:MRC) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Mrc 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.

Mrc Global's stock has dropped -18.23% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -12 percentage points.

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

52.63% 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 56.33% 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 -100.72x.

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.