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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
PFIE
PROFIRE ENERGY INC
$81.94M$58.21M$13.56M$10.78M$0.2326.71%5.00%187.50%12.09%2024-05-07
VAL
VALARIS LTD
$4.92B$1.78B$252.80M$865.40M$11.6811.34%N/A397.02%N/A2024-05-02
PUMP
PROPETRO HOLDING CORP
$880.97M$1.63B$301.70M$85.63M$0.7627.40%-0.89%3,700.00%-18.24%2024-05-01
SDPI
SUPERIOR DRILLING PRODUCTS INC
$34.34M$20.97M$3.64M$7.44M$0.259.82%2.83%525.00%N/A2024-05-09
RNGR
RANGER ENERGY SERVICES INC
$245.89M$636.60M$74.40M$23.80M$0.974.62%16.00%46.97%N/A2024-04-30
LBRT
LIBERTY ENERGY INC
$3.59B$4.75B$1.19B$556.32M$3.2414.43%17.11%49.31%11.98%2024-04-18
DTI
DRILLING TOOLS INTERNATIONAL CORP
$139.91M$152.03M$45.76M$14.43M$0.6717.35%N/A-59.64%N/A
WFRD
WEATHERFORD INTERNATIONAL PLC
$7.98B$5.14B$924.00M$417.00M$5.7918.56%N/A1,464.86%N/A2024-04-24
RES
RPC INC
$1.65B$1.62B$364.71M$195.11M$0.900.98%-1.23%-10.89%1.88%2024-04-25
BKR
BAKER HUGHES CO
$32.05B$25.51B$3.93B$1.94B$1.9320.56%2.20%N/A33.22%
DNOW
DNOW INC
$1.55B$2.32B$163.00M$247.00M$2.268.66%-5.79%98.25%36.90%2024-05-10
HAL
HALLIBURTON CO
$33.86B$23.02B$4.73B$2.64B$2.9313.41%-0.83%68.39%9.16%2024-04-23
WHD
CACTUS INC
$3.92B$1.10B$288.23M$169.17M$2.6259.36%15.05%43.17%10.37%2024-05-02
MRC
MRC GLOBAL INC
$982.30M$3.41B$225.00M$90.00M$1.071.46%-3.94%75.41%14.24%2024-05-09
GEOS
GEOSPACE TECHNOLOGIES CORP
$163.13M$143.43M$41.55M$24.98M$1.9040.11%12.67%N/AN/A2024-05-09
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$350.97M$292.95M$71.65M$24.34M$0.78-8.46%8.24%21.88%-13.38%2024-04-26
SLB
SCHLUMBERGER LIMITED
$72.53B$33.14B$8.03B$4.20B$2.9517.96%0.19%21.40%13.88%2024-04-19
BOOM
DMC GLOBAL INC
$330.03M$719.19M$87.40M$26.26M$1.089.95%17.11%50.00%-12.03%2024-05-02
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$578.53M$703.84M$186.93M$46.43M$1.7528.13%18.83%-0.39%31.67%2024-04-24
CHX
CHAMPIONX CORP
$6.89B$3.76B$709.84M$314.24M$1.60-1.25%25.27%107.79%5.92%2024-04-24
SLCA
US SILICA HOLDINGS INC
$980.00M$1.55B$434.97M$146.93M$1.911.76%-0.32%83.65%N/A2024-04-26
NGS
NATURAL GAS SERVICES GROUP INC
$288.29M$121.17M$37.25M$4.75M$0.3942.84%13.10%N/AN/A2024-05-13
NOV
NOV INC
$7.28B$8.58B$1.01B$993.00M$2.5318.60%0.31%532.50%N/A2024-04-26
CLB
CORE LABORATORIES INC
$782.04M$509.79M$70.07M$36.68M$0.794.10%-6.17%88.10%-15.19%2024-04-24
FTI
TECHNIPFMC PLC
$10.97B$7.82B$710.90M$56.20M$0.1316.77%-9.02%N/AN/A2024-04-25
AESI
ATLAS ENERGY SOLUTIONS INC
$2.20B$613.96M$186.13M$105.43M$1.5027.19%N/AN/AN/A2024-05-06
OII
OCEANEERING INTERNATIONAL INC
$2.27B$2.42B$302.54M$97.40M$0.9717.36%4.89%273.08%N/A2024-04-25
DRQ
DRIL-QUIP INC
$683.46M$424.06M$35.60M$604.00k$0.0217.17%1.97%N/AN/A2024-05-06
FTK
FLOTEK INDUSTRIES INC
$102.34M$188.06M$31.47M$24.71M$1.0038.18%1.13%N/AN/A2024-05-08
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$117.06M$888.40M$131.50M$19.20M$1.2313.66%12.40%N/A-19.33%2024-05-08
TTI
TETRA TECHNOLOGIES INC
$566.00M$626.26M$88.68M$25.78M$0.2013.20%2.26%233.33%N/A2024-04-29
USAC
USA COMPRESSION PARTNERS LP
$2.57B$846.18M$485.65M$20.49M$0.2120.09%7.69%N/AN/A2024-05-07
SND
SMART SAND INC
$85.16M$295.97M$27.29M$4.65M$0.1215.73%6.85%N/A-24.83%2024-05-07
OIS
OIL STATES INTERNATIONAL INC
$344.61M$782.28M$86.17M$12.89M$0.206.04%-6.39%N/AN/A2024-04-25
RCON
RECON TECHNOLOGY LTD
$4.76M$9.19M-$6.81M-$8.11M-$0.24-25.86%-6.30%N/AN/A
NCSM
NCS MULTISTAGE HOLDINGS INC
$39.90M$142.47M$1.82M-$3.15M-$1.27-8.46%-8.89%N/AN/A2024-05-07
AROC
ARCHROCK INC
$3.16B$990.34M$423.30M$105.00M$0.6717.12%1.83%139.29%28.67%2024-04-30
DWSN
DAWSON GEOPHYSICAL CO
$66.25M$96.85M-$3.65M-$12.15M-$0.4587.58%-8.88%N/AN/A2024-05-13
NR
NEWPARK RESOURCES INC
$621.97M$749.60M$64.74M$14.52M$0.17-8.09%-4.56%N/A-13.93%2024-04-30
EFXT
ENERFLEX LTD
$722.67M$2.34B$241.02M-$82.17M-$0.6783.22%N/AN/AN/A2024-05-01
XPRO
EXPRO GROUP HOLDINGS NV
$2.05B$1.51B$197.15M-$23.36M-$0.2118.24%23.69%N/AN/A2024-04-25
KGS
KODIAK GAS SERVICES INC
$2.02B$850.38M$444.98M$20.07M$0.2920.13%N/A-83.89%N/A
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.63B$1.29B$188.97M-$10.84M-$0.0747.72%11.76%N/AN/A2024-04-24
FET
FORUM ENERGY TECHNOLOGIES INC
$235.60M$738.86M$45.21M-$18.88M-$1.855.57%-7.04%N/AN/A
TDW
TIDEWATER INC
$4.71B$1.01B$317.74M$97.19M$1.8855.94%19.96%N/AN/A2024-05-06
VTOL
BRISTOW GROUP INC
$701.70M$1.30B$145.16M-$6.78M-$0.247.23%42.39%N/AN/A2024-04-23
ACDC
PROFRAC HOLDING CORP
$1.20B$2.63B$496.80M-$107.50M-$0.828.43%N/AN/AN/A2024-05-10
ENSV
ENSERVCO CORP
$7.61M$22.06M-$2.22M-$8.52M-$0.421.91%-12.40%N/AN/A2024-05-13
NINE
NINE ENERGY SERVICE INC
$92.20M$609.53M$72.67M-$32.21M-$0.972.72%-5.92%N/AN/A2024-05-07

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. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the top oil & gas equipment & service stock with a Zen Score of 59, which is 23 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. Profire Energy has seen its stock return 48.72% over the past year, overperforming other oil & gas equipment & service stocks by 32 percentage points.

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 11.28% over the past year, underperforming other oil & gas equipment & service stocks by -6 percentage points.

Propetro Holding has an average 1 year price target of $11.00, an upside of 34.31% from Propetro Holding's current stock price of $8.19.

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. Valaris (NYSE:VAL)


Valaris (NYSE:VAL) is the third 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 19 out of 33 due diligence checks and has strong fundamentals. Valaris has seen its stock return 1.8% over the past year, underperforming other oil & gas equipment & service stocks by -15 percentage points.

Valaris has an average 1 year price target of $99.00, an upside of 45.74% from Valaris's current stock price of $67.93.

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.

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 8.41%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 2.15%. 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 5.64%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.15%. 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 3.28%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.15%. 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 down?

Oil & gas equipment & service stocks were down -1.6% in the last day, and down -6.91% 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. 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 100, which is 62 points higher than the oil & gas equipment & service industry average of 38. It passed 7 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 48.72% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 32 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 33 points higher than the oil & gas equipment & service industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Dmc Global's stock has dropped -14.77% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -32 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 33 points higher than the oil & gas equipment & service industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Drilling Tools International's stock has dropped -55.11% 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 23.6% 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 27.58x.
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.