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
DTI
DRILLING TOOLS INTERNATIONAL CORP
$130.84M$147.83M$41.80M$11.60M$0.36-2.69%N/A-77.78%N/A
WFRD
WEATHERFORD INTERNATIONAL PLC
$6.59B$5.44B$1.12B$500.00M$6.8913.55%N/A94.08%N/A2024-10-22
WHD
CACTUS INC
$4.39B$1.13B$317.59M$190.32M$2.9124.35%12.78%39.90%6.54%2024-11-06
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$482.48M$787.33M$203.48M$39.14M$1.4722.92%12.56%-34.20%14.31%
CHX
CHAMPIONX CORP
$5.48B$3.70B$736.89M$320.40M$1.67-4.73%24.51%32.54%7.56%2024-10-22
LBRT
LIBERTY ENERGY INC
$3.17B$4.52B$1.07B$431.30M$2.58-7.12%16.49%-24.78%13.50%2024-10-16
TDW
TIDEWATER INC
$3.91B$1.26B$445.23M$161.24M$3.0860.48%22.51%196.15%N/A2024-11-04
VAL
VALARIS LTD
$4.03B$2.07B$417.80M$1.02B$13.8820.86%N/A762.11%N/A2024-11-05
AROC
ARCHROCK INC
$3.24B$1.05B$472.59M$138.82M$0.8915.61%2.27%106.98%15.13%2024-10-30
BKR
BAKER HUGHES CO
$33.72B$27.03B$4.01B$1.99B$1.9916.00%2.81%73.04%39.26%2024-10-23
DNOW
DNOW INC
$1.28B$2.34B$159.00M$227.00M$2.081.61%-5.76%69.11%27.80%2024-10-31
HAL
HALLIBURTON CO
$25.24B$23.18B$4.89B$2.69B$3.023.42%-0.51%10.62%14.72%2024-10-22
TTI
TETRA TECHNOLOGIES INC
$372.00M$627.50M$75.34M$10.09M$0.083.87%-0.18%-52.94%N/A2024-10-28
PFIE
PROFIRE ENERGY INC
$76.79M$58.01M$11.26M$8.83M$0.183.51%6.14%0.00%10.35%2024-11-06
SLB
SCHLUMBERGER LIMITED
$57.67B$35.15B$8.42B$4.42B$3.1012.68%1.37%11.91%15.47%2024-10-18
FTK
FLOTEK INDUSTRIES INC
$121.63M$175.98M$11.84M$6.93M$0.19-8.55%0.10%N/A-39.16%2024-11-05
USAC
USA COMPRESSION PARTNERS LP
$2.56B$906.72M$528.82M$60.77M$0.5317.18%5.76%1,225.00%N/A2024-10-29
FTI
TECHNIPFMC PLC
$10.29B$8.50B$1.16B$486.60M$1.1219.46%-7.88%N/AN/A
NCSM
NCS MULTISTAGE HOLDINGS INC
$52.21M$147.07M$48.61M$43.02M$17.46-6.92%-6.47%N/AN/A2024-10-28
NOV
NOV INC
$6.41B$8.90B$1.17B$1.06B$2.6811.00%0.63%152.83%N/A2024-10-24
NR
NEWPARK RESOURCES INC
$622.55M$714.43M$73.02M$22.53M$0.27-13.75%-4.74%N/A4.18%2024-10-29
RNGR
RANGER ENERGY SERVICES INC
$258.67M$590.90M$66.50M$15.40M$0.64-9.37%11.69%-53.28%-2.60%2024-10-29
PUMP
PROPETRO HOLDING CORP
$763.51M$1.53B$251.01M$33.91M$0.32-0.41%-4.53%-60.98%-32.18%2024-10-30
RES
RPC INC
$1.28B$1.47B$273.13M$118.46M$0.55-20.02%-0.58%-59.26%10.76%2024-10-23
GEOS
GEOSPACE TECHNOLOGIES CORP
$124.95M$129.48M$26.16M$10.72M$0.826.95%8.16%N/AN/A
BOOM
DMC GLOBAL INC
$219.22M$684.23M$73.80M$18.22M$0.64-5.30%11.94%-61.68%-29.01%2024-10-31
NGS
NATURAL GAS SERVICES GROUP INC
$238.12M$142.99M$55.99M$13.22M$1.0745.70%15.21%N/AN/A
AESI
ATLAS ENERGY SOLUTIONS INC
$2.22B$778.94M$227.35M$106.80M$1.1828.38%N/AN/AN/A2024-10-28
MRC
MRC GLOBAL INC
$1.04B$3.29B$211.00M$81.00M$0.95-6.66%-3.97%1.06%9.63%2024-11-05
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$502.95M$274.80M$67.29M$19.07M$0.64-18.29%3.33%-23.81%-18.77%2024-10-24
KGS
KODIAK GAS SERVICES INC
$2.25B$982.11M$462.12M$51.35M$0.6229.94%N/A-31.11%N/A
OII
OCEANEERING INTERNATIONAL INC
$2.39B$2.56B$327.99M$124.47M$1.2314.65%5.00%92.19%N/A2024-10-23
CLB
CORE LABORATORIES INC
$829.89M$513.77M$68.62M$23.71M$0.520.78%-5.83%-38.82%-25.33%
RCON
RECON TECHNOLOGY LTD
$26.52M$9.22M-$5.84M-$7.15M-$2.74-12.34%-2.46%N/AN/A
VTOL
BRISTOW GROUP INC
$1.04B$1.37B$211.09M$31.14M$1.0910.52%45.11%373.91%-20.02%
DRQ
DRIL-QUIP INC
$530.91M$474.23M$7.37M-$26.99M-$0.7829.83%4.06%N/AN/A2024-10-24
FET
FORUM ENERGY TECHNOLOGIES INC
$196.54M$772.06M$58.60M-$25.82M-$2.253.37%-6.10%N/AN/A2024-10-31
ACDC
PROFRAC HOLDING CORP
$1.03B$2.22B$371.40M-$192.70M-$1.33-27.25%N/AN/AN/A
XPRO
EXPRO GROUP HOLDINGS NV
$2.15B$1.63B$229.74M-$13.70M-$0.1314.65%23.17%N/AN/A
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.48B$1.39B$220.78M-$6.77M-$0.0524.35%13.48%N/AN/A2024-10-21
EFXT
ENERFLEX LTD
$694.49M$2.40B$228.01M-$102.39M-$0.8320.87%N/AN/AN/A2024-11-06
SND
SMART SAND INC
$88.43M$295.70M$29.93M$1.30M$0.04-2.26%4.69%-80.00%-43.42%2024-11-05
DWSN
DAWSON GEOPHYSICAL CO
$46.98M$91.32M$1.90M-$5.00M-$0.1822.48%-8.63%N/AN/A2024-11-07
OIS
OIL STATES INTERNATIONAL INC
$296.61M$756.20M$66.09M-$1.90M-$0.03-1.99%-6.60%N/AN/A2024-10-25
NINE
NINE ENERGY SERVICE INC
$46.11M$559.21M$58.60M-$45.66M-$1.34-15.13%-9.38%N/AN/A2024-11-04
ENSV
ENSERVCO CORP
$5.59M$22.97M-$1.24M-$6.55M-$0.253.24%-12.85%N/AN/A
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$104.90M$769.70M$93.30M-$31.80M-$2.01-16.20%5.90%N/AN/A2024-11-04

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Sep 2024?

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

1. Drilling Tools International (NASDAQ:DTI)


Drilling Tools International (NASDAQ:DTI) 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 19 out of 33 due diligence checks and has strong fundamentals. Drilling Tools International has seen its stock lose -15.85% over the past year, underperforming other oil & gas equipment & service stocks by -4 percentage points.

Drilling Tools International has an average 1 year price target of $7.50, an upside of 98.94% from Drilling Tools International's current stock price of $3.77.

Drilling Tools International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Drilling Tools International, 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. Weatherford International (NASDAQ:WFRD)


Weatherford International (NASDAQ:WFRD) is the second best oil & gas equipment & service stock with a Zen Score of 52, which is 16 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. Weatherford International has seen its stock lose -2.82% over the past year, overperforming other oil & gas equipment & service stocks by 9 percentage points.

Weatherford International has an average 1 year price target of $159.13, an upside of 76.71% from Weatherford International's current stock price of $90.05.

Weatherford International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Weatherford International, 87.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. North American Construction Group (NYSE:NOA)


North American Construction Group (NYSE:NOA) is the third best oil & gas equipment & service stock with a Zen Score of 51, which is 15 points higher than the oil & gas equipment & service industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. North American Construction Group has seen its stock lose -25.35% over the past year, underperforming other oil & gas equipment & service stocks by -13 percentage points.

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 9.62%, which is 8 percentage points higher than the oil & gas equipment & service industry average of 2.09%. 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 396.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Archrock (NYSE:AROC)


Archrock (NYSE:AROC) has an annual dividend yield of 3.39%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.09%. 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 71.9% indicates that its dividend yield is sustainable for the long-term.

3. Solaris Oilfield Infrastructure (NYSE:SOI)


Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 3.15%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.09%. 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 54.7% indicates that its dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks down?

Oil & gas equipment & service stocks were down -2.28% in the last day, and down -9.26% 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. Drilling Tools International (NASDAQ:DTI)


Drilling Tools International (NASDAQ:DTI) is the most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Drilling Tools International 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.

Drilling Tools International's stock has dropped -15.85% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -4 percentage points.

2. Profire Energy (NASDAQ:PFIE)


Profire Energy (NASDAQ:PFIE) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Profire Energy 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.

Profire Energy's stock has dropped -38.58% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -27 percentage points.

3. Dmc Global (NASDAQ:BOOM)


Dmc Global (NASDAQ:BOOM) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Dmc Global has a valuation score of 57, which is 30 points higher than the oil & gas equipment & service industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Dmc Global's stock has dropped -59.06% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -47 percentage points.

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

59.46% 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 45.2% 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 11.16x.
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.