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 +28.50% 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 55th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Growth
Market Cap
Revenue
EBITDA
Earnings
EPS
Rev. Y/Y
Rev. 5Y
Earn. Y/Y
Earn. 5Y
Earnings Date
FET
FORUM ENERGY TECHNOLOGIES INC
$834.81M$833.35M$69.25M-$1.58M-$0.103.93%12.21%N/AN/A
NESR
NATIONAL ENERGY SERVICES REUNITED CORP
$2.93B$1.43B$247.87M$64.57M$0.668.99%17.47%-18.52%-3.29%2026-08-10
RNGR
RANGER ENERGY SERVICES INC
$376.77M$606.70M$80.60M$14.30M$0.6238.93%29.84%-36.73%N/A
DWSN
DAWSON GEOPHYSICAL CO
$135.08M$96.25M$12.96M$4.73M$0.1564.11%10.33%N/AN/A2026-08-11
WHD
CACTUS INC
$5.44B$1.36B$318.71M$81.86M$1.1921.79%33.52%-55.60%13.56%
INVX
INNOVEX INTERNATIONAL INC
$1.97B$997.53M$175.41M$61.56M$0.9015.03%23.98%-57.14%N/A
BOOM
DMC GLOBAL INC
$157.34M$587.61M$22.07M-$19.80M-$0.93-5.16%20.27%N/AN/A
HAL
HALLIBURTON CO
$26.57B$22.37B$3.58B$1.60B$1.900.63%10.85%-11.63%62.05%
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.41B$1.30B$207.15M$39.67M$0.276.18%13.93%-18.18%27.54%2026-08-12
FLOC
FLOWCO HOLDINGS INC
$1.97B$776.90M$223.66M$42.67M$1.5217.55%N/AN/AN/A2026-08-11
SND
SMART SAND INC
$194.30M$357.71M$28.31M$21.72M$0.5621.72%28.45%N/A-8.22%2026-08-11
OII
OCEANEERING INTERNATIONAL INC
$4.77B$2.87B$423.45M$350.06M$3.503.84%9.80%74.13%N/A
FTI
TECHNIPFMC PLC
$27.30B$10.42B$1.98B$1.18B$2.939.87%9.47%36.28%52.95%
RES
RPC INC
$1.30B$1.79B$216.05M$22.83M$0.1025.36%22.95%-61.54%N/A
HMH
HMH HOLDING INC
$863.31M$762.01M$135.37M$38.82M$17.24k-9.71%N/A-43.58%N/A
EFXT
ENERFLEX LTD
$2.44B$2.57B$409.00M$53.00M$0.4410.35%N/A-57.69%N/A
NGS
NATURAL GAS SERVICES GROUP INC
$466.27M$182.24M$81.88M$21.84M$1.757.86%21.59%28.68%N/A2026-08-10
USAC
USA COMPRESSION PARTNERS LP
$3.74B$1.18B$669.18M$146.24M$1.0719.87%13.15%59.70%N/A
FTK
FLOTEK INDUSTRIES INC
$1.28B$292.97M$40.95M$38.00M$1.0536.77%44.95%123.40%N/A
NOV
NOV INC
$7.00B$8.64B$778.00M$95.00M$0.27-1.72%9.95%-77.87%N/A
NCSM
NCS MULTISTAGE HOLDINGS INC
$125.32M$181.17M$10.95M$13.79M$5.393.25%14.10%9.11%N/A
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$41.02M$627.30M$66.60M-$73.20M-$3.77-8.90%17.12%N/AN/A
VTOL
BRISTOW GROUP INC
$1.36B$1.56B$244.26M$104.23M$3.588.19%5.29%-13.73%N/A
NPKI
NPK INTERNATIONAL INC
$1.14B$300.69M$85.75M$42.68M$0.5028.09%-10.01%N/AN/A
OIS
OIL STATES INTERNATIONAL INC
$491.03M$645.67M-$53.89M-$108.33M-$1.84-2.80%3.51%N/AN/A
SLB
SLB LIMITED
$74.99B$36.37B$7.15B$3.10B$2.082.50%10.93%-29.49%23.30%
WFRD
WEATHERFORD INTERNATIONAL PLC
$6.22B$4.78B$795.00M$366.00M$5.10-7.17%7.14%-22.61%N/A
BKR
BAKER HUGHES CO
$61.10B$27.73B$5.05B$3.10B$3.140.42%6.26%1.95%55.99%
DTI
DRILLING TOOLS INTERNATIONAL CORP
$80.44M$153.36M$34.45M-$3.02M-$0.09-5.48%N/AN/AN/A
TDW
TIDEWATER INC
$4.12B$1.35B$380.33M$246.88M$4.94-1.02%30.79%27.32%N/A
STAK
STAK INC
$22.46M$27.19M-$5.61M-$5.90M-$0.5922.21%N/AN/AN/A
TTI
TETRA TECHNOLOGIES INC
$1.26B$641.83M$80.67M$6.21M$0.035.70%14.33%-96.55%-44.89%
LB
LANDBRIDGE CO LLC
$8.64B$225.45M$98.85M$37.17M$1.3444.09%N/AN/AN/A
EROK
EAGLEROCK LAND LLC
$561.75MN/AN/AN/AN/AN/AN/AN/AN/A2026-08-10
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$420.22M$928.44M$243.01M$24.43M$0.858.93%19.36%-16.11%-9.59%2026-08-12
DNOW
DNOW INC
$2.99B$4.08B-$94.00M-$201.00M-$1.5469.84%23.77%N/AN/A
AROC
ARCHROCK INC
$5.80B$1.50B$879.44M$328.53M$1.8611.54%13.58%39.85%50.61%
KGS
KODIAK GAS SERVICES INC
$6.06B$1.39B$612.49M$80.39M$0.858.23%N/A-8.60%N/A
CLB
CORE LABORATORIES INC
$520.79M$519.18M$62.31M$24.35M$0.530.35%3.07%-18.46%-5.94%
PUMP
PROPETRO HOLDING CORP
$1.35B$1.16B$167.74M-$13.38M-$0.11-15.14%11.73%N/AN/A
WBI
WATERBRIDGE INFRASTRUCTURE LLC
$3.95B$750.88M$335.21M$4.09M$0.08102.70%N/AN/AN/A
NINE
NINE ENERGY SERVICE INC
$141.73MN/AN/AN/AN/AN/AN/AN/AN/A
GEOS
GEOSPACE TECHNOLOGIES CORP
$75.67M$91.85M-$28.64M-$39.58M-$3.08-20.50%-1.08%N/AN/A
LBRT
LIBERTY ENERGY INC
$3.25B$4.20B$659.44M$122.42M$0.752.29%22.22%-43.61%N/A
ACDC
PROFRAC HOLDING CORP
$786.77M$1.79B$114.40M-$412.10M-$2.33-16.18%N/AN/AN/A
SEI
SOLARIS ENERGY INFRASTRUCTURE INC
$4.44B$762.18M$228.58M$53.02M$0.9870.52%47.37%63.33%N/A
AESI
ATLAS ENERGY SOLUTIONS INC
$1.41B$1.07B$110.94M-$118.33M-$0.95-8.11%N/AN/AN/A
OMSE
OMS ENERGY TECHNOLOGIES INC
$187.20M$155.91M$43.50M$32.21M$0.77-23.43%N/A-34.75%N/A
RCON
RECON TECHNOLOGY LTD
$1.07M$15.86M-$2.82M-$4.04M-$0.4472.54%10.89%N/AN/A
XPRO
EXPRO GROUP HOLDINGS NV
$1.92B$1.58B$283.75M$36.70M$0.32-7.93%17.48%-45.76%N/A
VAL
VALARIS LTD
$5.47B$2.14B$612.80M$939.60M$13.33-13.22%N/A246.23%N/A
LSE
LEISHEN ENERGY HOLDING CO LTD
$75.08M$48.34M$1.38M$1.25M$0.08-30.02%N/A-84.62%N/A

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Aug 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 52 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Forum Energy Technologies (NYSE:FET) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: C.

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 17, which is -16 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 308.76% over the past year, overperforming other oil & gas equipment & service stocks by 249 percentage points.

2. National Energy Services Reunited (NASDAQ:NESR)


National Energy Services Reunited (NASDAQ:NESR) is the #2 top oil & gas equipment & service stock out of 52 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for National Energy Services Reunited (NASDAQ:NESR) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.

National Energy Services Reunited (NASDAQ:NESR) has a Due Diligence Score of 47, which is 14 points higher than the oil & gas equipment & service industry average of 33.

NESR passed 16 out of 33 due diligence checks and has strong fundamentals. National Energy Services Reunited has seen its stock return 332.49% over the past year, overperforming other oil & gas equipment & service stocks by 272 percentage points.

National Energy Services Reunited has an average 1 year price target of $34.50, an upside of 18.88% from National Energy Services Reunited's current stock price of $29.02.

National Energy Services Reunited stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering National Energy Services Reunited, 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. Ranger Energy Services (NYSE:RNGR)


Ranger Energy Services (NYSE:RNGR) is the #3 top oil & gas equipment & service stock out of 52 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year. Learn more.

The Component Grade breakdown for Ranger Energy Services (NYSE:RNGR) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: A.

Ranger Energy Services (NYSE:RNGR) has a Due Diligence Score of 46, which is 13 points higher than the oil & gas equipment & service industry average of 33.

RNGR passed 17 out of 38 due diligence checks and has strong fundamentals. Ranger Energy Services has seen its stock return 28.7% over the past year, underperforming other oil & gas equipment & service stocks by -32 percentage points.

Ranger Energy Services has an average 1 year price target of $20.00, an upside of 24.22% from Ranger Energy Services's current stock price of $16.10.

Ranger Energy Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ranger Energy Services, 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 23 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 8.15%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.78%. 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 196.7% 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 5.53%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 1.78%.

Smart Sand's dividend payout ratio of 44.6% indicates that its high dividend yield is sustainable for the long-term.

3. Rpc (NYSE:RES)


Rpc (NYSE:RES) has an annual dividend yield of 2.73%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.78%. Rpc's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Rpc's dividend has not shown consistent growth over the last 10 years.

Rpc's dividend payout ratio of 160% 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 -0.79% in the last day, and up 2.86% 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 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. North American Construction Group (NYSE:NOA)


North American Construction Group (NYSE:NOA) 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.

North American Construction Group has a valuation score of 29, which is 7 points higher than the oil & gas equipment & service industry average of 22. It passed 2 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -8.99% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -69 percentage points.

2. Hmh Holding (NASDAQ:HMH)


Hmh Holding (NASDAQ:HMH) 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.

Hmh Holding has a valuation score of 57, which is 35 points higher than the oil & gas equipment & service industry average of 22. It passed 4 out of 7 valuation due diligence checks.

3. Ncs Multistage Holdings (NASDAQ:NCSM)


Ncs Multistage Holdings (NASDAQ:NCSM) 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.

Ncs Multistage Holdings has a valuation score of 43, which is 21 points higher than the oil & gas equipment & service industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has gained 40.94% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -19 percentage points.

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

56.76% 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 21.43% over the next year.

4.26% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 19.15% of oil & gas equipment & service stocks are rated B (Buy), 63.83% are rated C (Hold), 8.51% are rated D (Sell), and 4.26% 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 29.26x.
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.