Sectors & Industries EnergyOil & 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 +32.52% per year, and are the best oil & gas equipment & service stocks to buy now. Learn More.

Industry: Oil & Gas Equipment & Ser...

Financials Momentum Sentiment Forecast Dividends Due Diligence

Oil & Gas Equipment & Services is Zen Rated C and is the 75th ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Rev. Y/Y	Rev. 5Y	Earn. Y/Y	Earn. 5Y	Earnings Date
FET	FORUM ENERGY TECHNOLOGIES INC	$607.15M	$806.90M	$69.14M	-$6.29M	-$0.58	-0.05%	12.67%	N/A	N/A
FLOC	FLOWCO HOLDINGS INC	$2.24B	$776.90M	$223.66M	$42.67M	$1.52	17.55%	N/A	N/A	N/A
DWSN	DAWSON GEOPHYSICAL CO	$97.51M	$75.63M	$5.20M	-$1.94M	-$0.06	1.98%	-2.56%	N/A	N/A
HAL	HALLIBURTON CO	$33.27B	$22.17B	$3.52B	$1.54B	$1.81	-1.72%	11.51%	-24.58%	N/A
FTI	TECHNIPFMC PLC	$27.97B	$10.19B	$1.91B	$1.08B	$2.66	9.88%	9.15%	37.82%	28.81%
EFXT	ENERFLEX LTD	$3.30B	$2.60B	$449.00M	$83.00M	$0.68	11.81%	N/A	15.25%	N/A
RNGR	RANGER ENERGY SERVICES INC	$375.91M	$570.80M	$74.70M	$14.70M	$0.66	0.25%	31.51%	-25.84%	N/A
WFRD	WEATHERFORD INTERNATIONAL PLC	$7.36B	$4.88B	$903.00M	$463.00M	$6.42	-8.81%	8.11%	-0.16%	N/A
INVX	INNOVEX INTERNATIONAL INC	$1.83B	$976.87M	$161.93M	$51.87M	$0.76	26.34%	22.77%	-65.30%	N/A
VTOL	BRISTOW GROUP INC	$1.25B	$1.53B	$261.44M	$114.82M	$3.97	6.98%	5.35%	-1.73%	-21.67%	2026-05-12
SND	SMART SAND INC	$209.42M	$330.15M	$25.94M	$1.35M	$0.03	6.03%	21.96%	-62.50%	-49.79%	2026-05-12
DTI	DRILLING TOOLS INTERNATIONAL CORP	$105.42M	$154.71M	$34.48M	-$3.63M	-$0.11	-3.52%	N/A	N/A	N/A
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$1.42B	$1.30B	$179.61M	$14.35M	$0.10	-2.91%	12.69%	-82.14%	-13.79%
NPKI	NPK INTERNATIONAL INC	$1.26B	$287.34M	$79.47M	$39.39M	$0.46	23.16%	-9.34%	N/A	N/A
OIS	OIL STATES INTERNATIONAL INC	$521.27M	$654.41M	-$52.57M	-$111.43M	-$1.89	-4.50%	3.77%	N/A	N/A
BKR	BAKER HUGHES CO	$63.38B	$27.89B	$5.07B	$3.12B	$3.16	0.20%	6.81%	7.12%	92.35%
NCSM	NCS MULTISTAGE HOLDINGS INC	$105.93M	$179.26M	$16.61M	$19.32M	$7.46	6.26%	17.24%	121.36%	N/A
USAC	USA COMPRESSION PARTNERS LP	$4.08B	$1.08B	$627.18M	$129.15M	$0.98	12.18%	10.90%	44.12%	N/A
NGS	NATURAL GAS SERVICES GROUP INC	$487.77M	$176.55M	$76.75M	$19.93M	$1.59	7.23%	21.00%	14.39%	62.58%
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$423.10M	$944.33M	$244.59M	$24.88M	$0.87	15.79%	19.11%	-24.41%	-8.91%
SLB	SLB LIMITED	$79.64B	$35.94B	$7.34B	$3.33B	$2.30	-0.37%	10.96%	-22.82%	N/A
WHD	CACTUS INC	$4.34B	$1.19B	$280.43M	$154.70M	$1.08	4.50%	33.61%	-61.97%	13.63%
OII	OCEANEERING INTERNATIONAL INC	$3.64B	$2.80B	$413.34M	$339.49M	$3.39	2.39%	10.14%	87.29%	N/A
TTI	TETRA TECHNOLOGIES INC	$1.32B	$630.05M	$84.77M	$7.28M	$0.04	4.09%	14.34%	-95.29%	-38.91%
LBRT	LIBERTY ENERGY INC	$5.40B	$4.05B	$724.28M	$150.32M	$0.93	-4.02%	31.11%	-39.61%	N/A
RES	RPC INC	$1.51B	$1.75B	$216.48M	$20.91M	$0.10	27.62%	26.62%	-72.22%	N/A
KGS	KODIAK GAS SERVICES INC	$5.98B	$1.31B	$595.38M	$80.52M	$0.90	12.83%	N/A	55.17%	N/A
BOOM	DMC GLOBAL INC	$152.29M	$586.15M	$22.22M	-$20.19M	-$1.27	-7.73%	22.64%	N/A	N/A
AROC	ARCHROCK INC	$6.48B	$1.52B	$868.96M	$325.23M	$1.84	22.66%	13.06%	54.62%	N/A	2026-05-11
STAK	STAK INC	$14.27M	$24.91M	-$5.45M	-$5.71M	-$0.53	31.69%	N/A	N/A	N/A
FTK	FLOTEK INDUSTRIES INC	$577.75M	$251.95M	$28.63M	$29.81M	$0.82	24.72%	40.82%	67.35%	N/A
PUMP	PROPETRO HOLDING CORP	$1.92B	$1.18B	$163.79M	-$12.42M	-$0.11	-15.55%	16.27%	N/A	N/A
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$3.38B	$628.62M	N/A	$6.10M	N/A	80.22%	N/A	N/A	N/A
LB	LANDBRIDGE CO LLC	$7.44B	$206.15M	$89.17M	$32.38M	$1.21	52.83%	N/A	N/A	N/A	2026-05-13
TDW	TIDEWATER INC	$4.04B	$1.35B	$410.95M	$298.15M	$5.97	-0.92%	29.87%	77.15%	N/A	2026-05-11
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$66.20M	$636.60M	$64.10M	-$77.10M	-$4.12	-10.25%	18.12%	N/A	N/A
NOV	NOV INC	$6.91B	$8.69B	$729.00M	$91.00M	$0.25	-1.42%	9.76%	-83.33%	N/A
CLB	CORE LABORATORIES INC	$605.25M	$524.73M	$68.10M	$29.03M	$0.63	1.34%	3.43%	1.61%	8.45%
ACDC	PROFRAC HOLDING CORP	$1.20B	$1.79B	$98.60M	-$438.30M	-$2.55	-18.94%	N/A	N/A	N/A	2026-05-13
NINE	NINE ENERGY SERVICE INC	N/A	$561.91M	$53.32M	-$51.32M	-$1.25	1.41%	N/A	N/A	N/A
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$5.37B	$692.11M	$188.44M	$44.57M	$0.94	86.29%	52.54%	88.00%	N/A
DNOW	DNOW INC	$2.39B	$3.40B	-$84.00M	-$155.00M	-$1.19	41.30%	19.86%	N/A	N/A	2026-05-13
GEOS	GEOSPACE TECHNOLOGIES CORP	$108.66M	$100.89M	-$18.33M	-$29.12M	-$2.27	-13.43%	0.88%	N/A	N/A
AESI	ATLAS ENERGY SOLUTIONS INC	$2.34B	$1.06B	$141.45M	-$98.79M	-$0.79	-8.41%	N/A	N/A	N/A
OMSE	OMS ENERGY TECHNOLOGIES INC	$208.21M	$157.20M	$45.14M	$29.30M	N/A	-37.68%	N/A	N/A	N/A
RCON	RECON TECHNOLOGY LTD	$25.42M	$15.86M	-$2.82M	-$4.04M	-$0.44	72.54%	10.89%	N/A	N/A
LSE	LEISHEN ENERGY HOLDING CO LTD	$84.02M	$48.34M	$1.38M	$1.25M	$0.08	-30.02%	N/A	-84.62%	N/A
XPRO	EXPRO GROUP HOLDINGS NV	$1.74B	$1.58B	$283.75M	$36.70M	$0.32	-7.93%	17.48%	-45.76%	N/A
VAL	VALARIS LTD	$6.58B	$2.21B	$667.10M	$1.00B	$14.22	-9.95%	N/A	230.70%	N/A

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in May 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 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -15 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 271.7% over the past year, overperforming other oil & gas equipment & service stocks by 198 percentage points.

2. Flowco Holdings (NYSE:FLOC)

Flowco Holdings (NYSE:FLOC) is the #2 top oil & gas equipment & service stock out of 49 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Flowco Holdings (NYSE:FLOC) is: Value: C, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 28, which is -5 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 FLOC as a "B".

FLOC passed 11 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock return 15.48% over the past year, underperforming other oil & gas equipment & service stocks by -59 percentage points.

Flowco Holdings has an average 1 year price target of $28.67, an upside of 15.41% from Flowco Holdings's current stock price of $24.84.

Flowco Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Flowco Holdings, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Dawson Geophysical Co (NASDAQ:DWSN)

Dawson Geophysical Co (NASDAQ:DWSN) is the #3 top oil & gas equipment & service stock out of 49 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Dawson Geophysical Co (NASDAQ:DWSN) is: Value: C, Growth: A, Momentum: A, Sentiment: C, Safety: D, Financials: C, and AI: C.

Dawson Geophysical Co (NASDAQ:DWSN) has a Due Diligence Score of 13, which is -20 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 DWSN as a "B".

DWSN passed 5 out of 38 due diligence checks and has weak fundamentals. Dawson Geophysical Co has seen its stock return 149.21% over the past year, overperforming other oil & gas equipment & service stocks by 75 percentage points.

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 7.48%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.54%. 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 214.8% 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 5.2%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 1.54%.

Smart Sand's dividend payout ratio of 500% indicates that its high dividend yield might not be sustainable for the long-term.

3. Nov (NYSE:NOV)

Nov (NYSE:NOV) has an annual dividend yield of 2.73%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.54%. Nov's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Nov's dividend has shown consistent growth over the last 10 years.

Nov's dividend payout ratio of 210% indicates that its dividend yield might not be sustainable for the long-term.

Why are oil & gas equipment & service stocks up?

Oil & gas equipment & service stocks were up 0.12% in the last day, and down -5.4% 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 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 B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

North American Construction Group 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.

North American Construction Group's stock has dropped -7.9% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -82 percentage points.

2. Bristow Group (NYSE:VTOL)

Bristow Group (NYSE:VTOL) 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.

Bristow Group has a valuation score of 71, which is 49 points higher than the oil & gas equipment & service industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 47.44% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -27 percentage points.

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 23.39% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -51 percentage points.

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

41.18% 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 8.68% over the next year.

2.27% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 15.91% of oil & gas equipment & service stocks are rated B (Buy), 65.91% are rated C (Hold), 11.36% are rated D (Sell), and 4.55% 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 26.07x.

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.