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

Industry: Oil & Gas Equipment & Ser...
C
Oil & Gas Equipment & Services is Zen Rated C and is the 72nd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
FET
FORUM ENERGY TECHNOLOGIES INC
$631.91MN/A0.00%N/AN/AN/AN/A
FLOC
FLOWCO HOLDINGS INC
$2.40B0.30%21.10%$0.0800$0.086%02026-05-152026-05-27
EFXT
ENERFLEX LTD
$3.34B0.11%16.80%$0.0300$0.031%02026-05-202026-06-03
FTI
TECHNIPFMC PLC
$28.98B0.28%7.50%$0.0500$0.204%12026-05-192026-06-03
HAL
HALLIBURTON CO
$34.27B1.66%37.60%$0.1700$0.6838%1
SND
SMART SAND INC
$198.16M5.42%44.60%$0.1000$0.2584%1
DWSN
DAWSON GEOPHYSICAL CO
$105.89MN/A0.00%$0.3720N/AN/A0
RNGR
RANGER ENERGY SERVICES INC
$385.65M1.48%36.40%$0.0600$0.2434%02026-05-22
VTOL
BRISTOW GROUP INC
$1.25B0.30%3.10%$0.1250$0.136%02026-05-152026-05-29
INVX
INNOVEX INTERNATIONAL INC
$1.89BN/A0.00%N/AN/AN/AN/A
WFRD
WEATHERFORD INTERNATIONAL PLC
$7.85B0.96%16.00%$0.2750$1.0522%02026-06-04
NGS
NATURAL GAS SERVICES GROUP INC
$526.61M0.26%18.30%$0.1100$0.114%0
NPKI
NPK INTERNATIONAL INC
$1.32BN/A0.00%N/AN/AN/AN/A
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.49BN/A0.00%N/AN/AN/AN/A
OIS
OIL STATES INTERNATIONAL INC
$542.34MN/A0.00%N/AN/AN/AN/A
USAC
USA COMPRESSION PARTNERS LP
$4.16B7.33%214.80%$0.5300$2.1190%0
BKR
BAKER HUGHES CO
$64.89B1.41%29.10%$0.2300$0.9233%02026-05-15
NCSM
NCS MULTISTAGE HOLDINGS INC
$110.31MN/A0.00%N/AN/AN/AN/A
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$413.30M0.63%39.50%$0.0900$0.0913%3
WHD
CACTUS INC
$4.50B0.98%50.90%$0.1400$0.5523%02026-06-012026-06-18
SLB
SLB LIMITED
$82.80B2.08%50.00%$0.2950$1.1546%12026-06-032026-07-09
OII
OCEANEERING INTERNATIONAL INC
$3.88BN/A0.00%$0.1500N/AN/A1
LBRT
LIBERTY ENERGY INC
$5.46B1.02%36.60%$0.0900$0.3424%02026-06-042026-06-18
TTI
TETRA TECHNOLOGIES INC
$1.44BN/A0.00%N/AN/AN/AN/A
RES
RPC INC
$1.54B2.31%160.00%$0.0400$0.1650%42026-06-10
BOOM
DMC GLOBAL INC
$151.06MN/A0.00%$0.1250N/AN/A0
STAK
STAK INC
$31.18MN/A0.00%N/AN/AN/AN/A
DTI
DRILLING TOOLS INTERNATIONAL CORP
$107.53MN/A0.00%N/AN/AN/AN/A
AROC
ARCHROCK INC
$6.45B2.34%34.80%$0.2200$0.8651%02026-05-19
KGS
KODIAK GAS SERVICES INC
$6.72B1.89%190.70%$0.4900$1.4342%02026-05-182026-05-28
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$85.02MN/A0.00%N/AN/AN/AN/A
FTK
FLOTEK INDUSTRIES INC
$677.24MN/A0.00%N/AN/AN/AN/A
PUMP
PROPETRO HOLDING CORP
$2.03BN/A0.00%N/AN/AN/AN/A
TDW
TIDEWATER INC
$4.03BN/A0.00%N/AN/AN/AN/A
LB
LANDBRIDGE CO LLC
$7.71B0.62%34.70%$0.1200$0.4213%02026-06-042026-06-18
NOV
NOV INC
$7.35B2.56%210.00%$0.0900$0.5355%1
WBI
WATERBRIDGE INFRASTRUCTURE LLC
$3.58B0.17%N/A$0.0500$0.052%0
CLB
CORE LABORATORIES INC
$605.25M0.30%6.30%$0.0100$0.046%22026-06-01
NINE
NINE ENERGY SERVICE INC
$144.80MN/AN/AN/AN/AN/AN/A
GEOS
GEOSPACE TECHNOLOGIES CORP
$103.10MN/A0.00%N/AN/AN/AN/A
SEI
SOLARIS ENERGY INFRASTRUCTURE INC
$5.68B0.47%51.10%$0.1200$0.3610%02026-06-022026-06-12
DNOW
DNOW INC
$2.40BN/A0.00%N/AN/AN/AN/A
ACDC
PROFRAC HOLDING CORP
$1.29BN/A0.00%N/AN/AN/AN/A
AESI
ATLAS ENERGY SOLUTIONS INC
$2.37B2.64%-63.30%$0.2500$0.5056%0
LSE
LEISHEN ENERGY HOLDING CO LTD
$82.06MN/A0.00%N/AN/AN/AN/A
VAL
VALARIS LTD
$6.85BN/A0.00%N/AN/AN/AN/A
OMSE
OMS ENERGY TECHNOLOGIES INC
$200.68MN/AN/AN/AN/AN/AN/A
RCON
RECON TECHNOLOGY LTD
$21.13MN/A0.00%N/AN/AN/AN/A
XPRO
EXPRO GROUP HOLDINGS NV
$1.78BN/A0.00%$0.0750N/AN/A1

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 240.85% over the past year, overperforming other oil & gas equipment & service stocks by 171 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 26, which is -7 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 10 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock return 32.78% over the past year, underperforming other oil & gas equipment & service stocks by -37 percentage points.

Flowco Holdings has an average 1 year price target of $28.67, an upside of 8.06% from Flowco Holdings's current stock price of $26.53.

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. Enerflex (NYSE:EFXT)


Enerflex (NYSE:EFXT) 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 Enerflex (NYSE:EFXT) is: Value: C, Growth: C, Momentum: A, Sentiment: A, Safety: B, Financials: B, and AI: C.

Enerflex (NYSE:EFXT) has a Due Diligence Score of 25, which is -8 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 EFXT as a "B".

EFXT passed 10 out of 38 due diligence checks and has weak fundamentals. Enerflex has seen its stock return 276.75% over the past year, overperforming other oil & gas equipment & service stocks by 207 percentage points.

Enerflex has an average 1 year price target of $28.25, an upside of 3.14% from Enerflex's current stock price of $27.39.

Enerflex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Enerflex, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 7.33%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.56%. 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 5.42%, which is 4 percentage points higher than the oil & gas equipment & service industry average of 1.56%.

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

3. Nov (NYSE:NOV)


Nov (NYSE:NOV) has an annual dividend yield of 2.56%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.56%. 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 0.31% in the last day, and up 1.46% 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 -12.77% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -83 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 39.34% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -31 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 30.8% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -39 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 5.33% 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), 68.18% are rated C (Hold), 11.36% are rated D (Sell), and 2.27% 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 27.55x.
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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.