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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
PUMP
PROPETRO HOLDING CORP
$1.04B$1.61B$297.07M$76.83M$0.6913.52%-2.87%331.25%-21.67%
SDPI
SUPERIOR DRILLING PRODUCTS INC
$38.29M$19.64M$354.59k$4.10M$0.14-7.58%1.00%75.00%N/A
PFIE
PROFIRE ENERGY INC
$65.00M$57.30M$11.99M$9.62M$0.2012.08%5.29%53.85%9.00%
RES
RPC INC
$1.50B$1.52B$313.39M$151.06M$0.70-15.34%-1.28%-44.88%3.83%
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$532.72M$733.07M$185.22M$38.16M$1.4422.62%15.48%-28.73%33.92%
BKR
BAKER HUGHES CO
$33.39B$26.21B$3.80B$1.82B$1.8218.93%2.56%N/A39.06%2024-07-17
WFRD
WEATHERFORD INTERNATIONAL PLC
$9.06B$5.31B$988.00M$457.00M$6.3215.90%N/A153.82%N/A2024-06-14
DNOW
DNOW INC
$1.45B$2.30B$159.00M$237.00M$2.182.36%-6.08%89.57%29.01%
HAL
HALLIBURTON CO
$33.55B$23.15B$4.73B$2.59B$2.906.71%-0.72%33.64%7.61%2024-07-17
VAL
VALARIS LTD
$5.55B$1.88B$286.40M$844.20M$11.429.62%N/A227.22%N/A
MRC
MRC GLOBAL INC
$1.15B$3.33B$206.00M$75.00M$0.88-4.93%-4.21%6.02%9.46%
WHD
CACTUS INC
$4.13B$1.14B$298.73M$165.24M$2.5448.23%14.22%18.14%3.58%
GEOS
GEOSPACE TECHNOLOGIES CORP
$132.42M$136.33M$31.98M$16.02M$1.2325.03%9.69%N/AN/A
CHX
CHAMPIONX CORP
$6.53B$3.73B$761.50M$363.63M$1.88-4.02%24.74%108.89%10.33%
LBRT
LIBERTY ENERGY INC
$3.95B$4.56B$1.10B$475.55M$2.81-1.29%15.74%-9.65%9.68%2024-07-17
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$402.81M$278.12M$69.62M$20.81M$0.68-19.58%5.16%-10.53%-17.60%
SLB
SCHLUMBERGER LIMITED
$69.45B$34.11B$8.23B$4.34B$3.0514.20%0.74%12.13%15.87%2024-07-19
NCSM
NCS MULTISTAGE HOLDINGS INC
$44.82M$142.78M$20.46M$13.89M$5.65-10.81%-7.35%N/AN/A2024-05-23
NOV
NOV INC
$7.54B$8.78B$1.04B$986.00M$2.5014.70%0.41%194.12%N/A
RNGR
RANGER ENERGY SERVICES INC
$238.67M$616.00M$65.90M$16.80M$0.68-4.11%13.38%-38.18%5.11%
SLCA
US SILICA HOLDINGS INC
$1.21B$1.44B$391.40M$115.97M$1.51-13.64%-1.98%-12.21%N/A
CLB
CORE LABORATORIES INC
$846.07M$511.07M$71.76M$37.52M$0.811.65%-6.10%58.82%-17.96%
BOOM
DMC GLOBAL INC
$261.77M$701.72M$87.78M$27.91M$1.100.29%14.33%-5.98%-17.10%
OII
OCEANEERING INTERNATIONAL INC
$2.40B$2.49B$311.22M$108.48M$1.0815.29%4.59%120.41%N/A
AESI
ATLAS ENERGY SOLUTIONS INC
$2.58B$653.21M$222.18M$130.48M$1.7213.35%N/AN/AN/A
AROC
ARCHROCK INC
$3.22B$1.03B$457.77M$129.05M$0.8317.17%2.08%118.42%17.54%
NGS
NATURAL GAS SERVICES GROUP INC
$295.38M$131.45M$47.17M$9.48M$0.7744.28%13.84%N/AN/A2024-06-13
FTI
TECHNIPFMC PLC
$11.42B$8.15B$885.80M$212.90M$0.4918.75%-7.97%N/AN/A
SND
SMART SAND INC
$94.09M$296.68M$30.41M$8.03M$0.220.06%6.01%633.33%-17.62%
DRQ
DRIL-QUIP INC
$662.59M$443.49M$14.63M-$21.69M-$0.6319.98%3.15%N/AN/A
KGS
KODIAK GAS SERVICES INC
$2.40B$875.76M$462.28M$62.64M$0.8520.02%N/A13.33%N/A
DTI
DRILLING TOOLS INTERNATIONAL CORP
$171.47M$148.21MN/A$12.17M$0.422.65%N/A-79.21%N/A
RCON
RECON TECHNOLOGY LTD
$4.47M$9.19M-$6.81M-$8.11M-$4.29-25.86%-6.30%N/AN/A
USAC
USA COMPRESSION PARTNERS LP
$2.84B$878.33M$509.05M$40.92M$0.4218.96%5.30%N/AN/A
TTI
TETRA TECHNOLOGIES INC
$552.09M$631.03M$83.39M$20.66M$0.1610.83%0.86%300.00%N/A2024-05-21
NR
NEWPARK RESOURCES INC
$650.09M$718.68M$66.32M$16.19M$0.20-14.36%-5.04%N/A-7.16%
TDW
TIDEWATER INC
$5.57B$1.14B$388.18M$133.47M$2.5654.82%21.09%N/AN/A
FTK
FLOTEK INDUSTRIES INC
$114.18M$180.42M$10.29M$4.93M$0.125.37%0.05%N/AN/A
EFXT
ENERFLEX LTD
$645.82M$2.98B$264.36M-$142.45M-$1.1544.09%N/AN/AN/A
VTOL
BRISTOW GROUP INC
$1.06B$1.33B$159.74M$1.35M$0.048.81%43.94%-90.70%-49.35%
ACDC
PROFRAC HOLDING CORP
$1.44B$2.35B$475.40M-$127.70M-$0.93-19.88%N/AN/AN/A
FET
FORUM ENERGY TECHNOLOGIES INC
$228.60M$752.30M$48.56M-$25.71M-$2.352.54%-7.08%N/AN/A
XPRO
EXPRO GROUP HOLDINGS NV
$2.41B$1.56B$215.29M-$19.69M-$0.1716.35%23.08%N/AN/A2024-05-23
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.78B$1.34B$178.27M-$31.96M-$0.2137.28%12.47%N/AN/A
OIS
OIL STATES INTERNATIONAL INC
$303.10M$753.35M$67.71M-$2.64M-$0.04-2.15%-7.04%N/AN/A
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$99.01M$823.50M$105.40M-$12.40M-$0.81-5.22%9.18%N/AN/A
DWSN
DAWSON GEOPHYSICAL CO
$54.23M$99.02M$1.75M-$5.89M-$0.2467.54%-8.62%N/AN/A2024-06-18
ENSV
ENSERVCO CORP
$7.24M$22.94M-$680.00k-$6.77M-$0.314.39%-13.47%N/AN/A2024-06-28
NINE
NINE ENERGY SERVICE INC
$66.06M$588.24M$70.25M-$34.16M-$1.02-8.07%-7.80%N/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.
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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.