WallStreetZenWallStreetZen

Sectors & IndustriesEnergyOil & 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...
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
PUMP
PROPETRO HOLDING CORP
$1.04B$9.68$12.0023.97%Strong Buy22.09%102.52%N/AN/A
SDPI
SUPERIOR DRILLING PRODUCTS INC
$38.29M$1.26N/AN/AN/AN/AN/AN/AN/AN/A
PFIE
PROFIRE ENERGY INC
$65.00M$1.38N/AN/AN/AN/A0.18%N/AN/AN/A
RES
RPC INC
$1.50B$6.98$7.000.29%Hold15.28%50.00%N/AN/A
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$532.72M$19.93N/AN/AN/AN/A17.33%16.42%N/AN/A
BKR
BAKER HUGHES CO
$33.39B$33.46$40.4020.74%Strong Buy55.53%9.95%N/AN/A
WFRD
WEATHERFORD INTERNATIONAL PLC
$9.06B$123.80$157.1326.92%Strong Buy88.76%-69.15%N/AN/A
DNOW
DNOW INC
$1.45B$13.62$16.5021.15%Buy26.15%-20.39%N/AN/A
HAL
HALLIBURTON CO
$33.55B$37.90$48.5628.12%Strong Buy96.28%9.86%N/AN/A
VAL
VALARIS LTD
$5.55B$76.60$98.7528.92%Strong Buy422.19%N/AN/AN/A
MRC
MRC GLOBAL INC
$1.15B$13.48$16.5022.40%Strong Buy23.65%23.31%N/AN/A
WHD
CACTUS INC
$4.13B$51.96$53.002.00%Buy32.68%5.74%N/AN/A
GEOS
GEOSPACE TECHNOLOGIES CORP
$132.42M$9.91N/AN/AN/AN/AN/AN/AN/AN/A
CHX
CHAMPIONX CORP
$6.53B$34.36$40.7518.60%Buy45.54%N/AN/AN/A
LBRT
LIBERTY ENERGY INC
$3.95B$23.68$24.503.46%Buy83.69%4.18%N/AN/A
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$402.81M$9.15$10.009.29%Strong Buy1-5.06%N/AN/AN/A
SLB
SCHLUMBERGER LIMITED
$69.45B$48.59$67.5539.01%Strong Buy119.65%9.99%N/AN/A
NCSM
NCS MULTISTAGE HOLDINGS INC
$44.82M$17.91N/AN/AN/AN/A7.16%N/AN/AN/A
NOV
NOV INC
$7.54B$19.06$24.8630.41%Strong Buy75.30%-64.22%N/AN/A
RNGR
RANGER ENERGY SERVICES INC
$238.67M$10.43N/AN/AN/AN/A-5.68%N/AN/AN/A
SLCA
US SILICA HOLDINGS INC
$1.21B$15.52$15.50-0.13%Hold1-0.17%45.35%N/AN/A
CLB
CORE LABORATORIES INC
$846.07M$18.04$17.00-5.76%Sell26.80%66.67%N/AN/A
BOOM
DMC GLOBAL INC
$261.77M$13.10$24.0083.21%Strong Buy1-2.90%N/AN/AN/A
OII
OCEANEERING INTERNATIONAL INC
$2.40B$23.72$26.3311.02%Hold34.09%N/AN/AN/A
AESI
ATLAS ENERGY SOLUTIONS INC
$2.58B$23.53$25.508.37%Strong Buy489.78%N/AN/AN/A
AROC
ARCHROCK INC
$3.22B$20.60$22.006.80%Strong Buy26.11%N/AN/AN/A
NGS
NATURAL GAS SERVICES GROUP INC
$295.38M$23.75$26.009.47%Strong Buy115.93%N/AN/AN/A
FTI
TECHNIPFMC PLC
$11.42B$26.49$30.8716.54%Strong Buy79.84%38.44%N/AN/A
SND
SMART SAND INC
$94.09M$2.21$3.0035.75%Hold1-4.86%N/AN/AN/A
DRQ
DRIL-QUIP INC
$662.59M$19.25$30.5058.44%Sell210.87%N/AN/AN/A
KGS
KODIAK GAS SERVICES INC
$2.40B$28.49$29.503.55%Strong Buy633.31%N/AN/AN/A
DTI
DRILLING TOOLS INTERNATIONAL CORP
$171.47M$5.76N/AN/AN/AN/A12.05%N/AN/AN/A
RCON
RECON TECHNOLOGY LTD
$4.47M$1.69N/AN/AN/AN/AN/AN/AN/AN/A
USAC
USA COMPRESSION PARTNERS LP
$2.84B$24.27$26.509.19%Hold24.61%-46.55%N/AN/A
TTI
TETRA TECHNOLOGIES INC
$552.09M$4.21$7.6782.11%Strong Buy34.58%N/AN/AN/A
NR
NEWPARK RESOURCES INC
$650.09M$7.63$11.0044.17%Strong Buy3-2.81%N/AN/AN/A
TDW
TIDEWATER INC
$5.57B$105.50$102.33-3.00%Strong Buy320.31%N/AN/AN/A
FTK
FLOTEK INDUSTRIES INC
$114.18M$3.85$7.0081.82%Strong Buy1N/AN/AN/AN/A
EFXT
ENERFLEX LTD
$645.82M$5.21N/AN/AN/AN/A-9.16%N/AN/AN/A
VTOL
BRISTOW GROUP INC
$1.06B$37.17$39.004.92%Strong Buy2N/AN/AN/AN/A
ACDC
PROFRAC HOLDING CORP
$1.44B$9.01$9.758.21%Buy210.72%N/AN/AN/A
FET
FORUM ENERGY TECHNOLOGIES INC
$228.60M$18.61N/AN/AN/AN/A15.18%N/AN/AN/A
XPRO
EXPRO GROUP HOLDINGS NV
$2.41B$21.78$27.0023.97%Strong Buy17.49%N/AN/AN/A
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.78B$11.68$11.00-5.82%Strong Buy1-1.34%N/AN/AN/A
OIS
OIL STATES INTERNATIONAL INC
$303.10M$4.72$7.3355.36%Buy32.10%N/AN/AN/A
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$99.01M$5.87$11.5095.91%Hold1-4.12%N/A1,497.09%50.86%
DWSN
DAWSON GEOPHYSICAL CO
$54.23M$1.76N/AN/AN/AN/AN/AN/AN/AN/A
ENSV
ENSERVCO CORP
$7.24M$0.26N/AN/AN/AN/AN/AN/AN/AN/A
NINE
NINE ENERGY SERVICE INC
$66.06M$1.87N/AN/AN/AN/A1.39%N/AN/AN/A

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.