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 +28.50% per year, and are the best oil & gas equipment & service stocks to buy now. Learn More.

Industry: Oil & Gas Equipment & Ser...

Overview Zen Rating Price Value Growth Financials Momentum Sentiment Forecast Dividends

Oil & Gas Equipment & Services is Zen Rated C and is the 72nd ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)
FET	FORUM ENERGY TECHNOLOGIES INC	$964.03M	N/A	0.00%	N/A	N/A	N/A	N/A
NESR	NATIONAL ENERGY SERVICES REUNITED CORP	$2.11B	N/A	0.00%	N/A	N/A	N/A	N/A
RNGR	RANGER ENERGY SERVICES INC	$358.28M	1.57%	38.70%	$0.0600	$0.24	32%	0
SND	SMART SAND INC	$223.87M	4.73%	92.60%	$0.1000	$0.25	79%	1
BOOM	DMC GLOBAL INC	$115.03M	N/A	0.00%	$0.1250	N/A	N/A	0
FLOC	FLOWCO HOLDINGS INC	$1.74B	2.08%	20.60%	$0.0900	$0.40	43%	1
WHD	CACTUS INC	$5.05B	0.91%	47.10%	$0.1500	$0.57	17%	0
OII	OCEANEERING INTERNATIONAL INC	$4.42B	N/A	0.00%	$0.1500	N/A	N/A	0
DTI	DRILLING TOOLS INTERNATIONAL CORP	$69.51M	N/A	0.00%	N/A	N/A	N/A	N/A
HOS	HORNBECK OFFSHORE SERVICES INC	$1.09B	N/A	0.00%	N/A	N/A	N/A	N/A
FTI	TECHNIPFMC PLC	$27.35B	0.29%	6.80%	$0.0500	$0.20	4%	1
HAL	HALLIBURTON CO	$27.16B	2.09%	35.80%	$0.1700	$0.68	43%	1
OIS	OIL STATES INTERNATIONAL INC	$493.44M	N/A	0.00%	N/A	N/A	N/A	N/A
INVX	INNOVEX INTERNATIONAL INC	$2.00B	N/A	0.00%	N/A	N/A	N/A	N/A
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$315.70M	2.25%	42.50%	$0.0860	$0.26	45%	3
RES	RPC INC	$1.32B	2.68%	160.00%	$0.0400	$0.16	53%	4
NOV	NOV INC	$6.73B	2.30%	155.60%	$0.0900	$0.44	46%	1
HMH	HMH HOLDING INC	$827.28M	N/A	0.00%	N/A	N/A	N/A	N/A
FTK	FLOTEK INDUSTRIES INC	$929.05M	N/A	0.00%	N/A	N/A	N/A	N/A
VTOL	BRISTOW GROUP INC	$1.21B	0.92%	7.00%	$0.1250	$0.38	18%	0
XPRO	EXPRO GROUP HOLDINGS NV	$1.84B	N/A	0.00%	$0.0750	N/A	N/A	0
SLB	SLB LIMITED	$72.38B	2.41%	56.00%	$0.2950	$1.18	48%	1
EFXT	ENERFLEX LTD	$2.94B	0.38%	26.90%	$0.0303	$0.09	5%	0
DNOW	DNOW INC	$2.74B	N/A	0.00%	N/A	N/A	N/A	N/A
WFRD	WEATHERFORD INTERNATIONAL PLC	$5.50B	1.40%	20.60%	$0.2750	$1.08	30%	0
BKR	BAKER HUGHES CO	$55.77B	1.64%	29.30%	$0.2300	$0.92	34%	0
CLB	CORE LABORATORIES INC	$459.30M	0.40%	7.50%	$0.0100	$0.04	6%	2
TDW	TIDEWATER INC	$4.30B	N/A	0.00%	N/A	N/A	N/A	N/A
LB	LANDBRIDGE CO LLC	$10.03B	0.53%	32.80%	$0.1200	$0.46	9%	0
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$27.65M	N/A	0.00%	N/A	N/A	N/A	N/A
TTI	TETRA TECHNOLOGIES INC	$904.72M	N/A	0.00%	N/A	N/A	N/A	N/A
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$3.78B	0.49%	125.00%	$0.0500	$0.15	7%	0
AROC	ARCHROCK INC	$5.32B	2.90%	47.30%	$0.2300	$0.88	58%	0
STAK	STAK INC	$14.60M	N/A	0.00%	N/A	N/A	N/A	N/A
KGS	KODIAK GAS SERVICES INC	$5.31B	3.73%	172.90%	$0.4900	$1.96	70%	0
NGS	NATURAL GAS SERVICES GROUP INC	$424.35M	1.25%	22.70%	$0.1500	$0.41	26%	0
DWSN	DAWSON GEOPHYSICAL CO	$79.50M	N/A	0.00%	$0.3720	N/A	N/A	0
VAL	VALARIS LTD	$5.90B	N/A	0.00%	N/A	N/A	N/A	N/A
EROK	EAGLEROCK LAND LLC	$571.12M	N/A	N/A	N/A	N/A	N/A	N/A
ACDC	PROFRAC HOLDING CORP	$814.09M	N/A	0.00%	N/A	N/A	N/A	N/A
PUMP	PROPETRO HOLDING CORP	$1.07B	N/A	0.00%	N/A	N/A	N/A	N/A
NINE	NINE ENERGY SERVICE INC	$112.02M	N/A	N/A	N/A	N/A	N/A	N/A
RCON	RECON TECHNOLOGY LTD	$20.56M	N/A	0.00%	N/A	N/A	N/A	N/A
LBRT	LIBERTY ENERGY INC	$3.10B	1.90%	46.70%	$0.0900	$0.36	39%	0
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$6.07B	0.61%	49.00%	$0.1200	$0.48	10%	0
AESI	ATLAS ENERGY SOLUTIONS INC	$1.50B	N/A	-26.30%	$0.2500	N/A	N/A	0
GEOS	GEOSPACE TECHNOLOGIES CORP	$59.63M	N/A	0.00%	N/A	N/A	N/A	N/A
LSE	LEISHEN ENERGY HOLDING CO LTD	$84.94M	N/A	0.00%	N/A	N/A	N/A	N/A
OMSE	OMS ENERGY TECHNOLOGIES INC	$185.50M	N/A	0.00%	N/A	N/A	N/A	N/A

Oil & Gas Equipment & Service Stocks FAQ

What are the best oil & gas equipment & service stocks to buy right now in Oct 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 +28.5% per year. Learn more.

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

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 17, which is -17 points lower than the oil & gas equipment & service industry average of 34. 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 219.37% over the past year, overperforming other oil & gas equipment & service stocks by 216 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 49 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 National Energy Services Reunited (NASDAQ:NESR) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.

National Energy Services Reunited (NASDAQ:NESR) has a Due Diligence Score of 75, which is 41 points higher than the oil & gas equipment & service industry average of 34.

NESR passed 24 out of 33 due diligence checks and has strong fundamentals. National Energy Services Reunited has seen its stock return 103.51% over the past year, overperforming other oil & gas equipment & service stocks by 100 percentage points.

National Energy Services Reunited has an average 1 year price target of $41.80, an upside of 100% from National Energy Services Reunited's current stock price of $20.90.

National Energy Services Reunited stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering National Energy Services Reunited, 80% have issued a Strong Buy rating, 20% 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 49 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: D, Safety: C, Financials: C, and AI: A.

Ranger Energy Services (NYSE:RNGR) has a Due Diligence Score of 49, which is 15 points higher than the oil & gas equipment & service industry average of 34.

RNGR passed 18 out of 38 due diligence checks and has strong fundamentals. Ranger Energy Services has seen its stock return 23.17% over the past year, overperforming other oil & gas equipment & service stocks by 20 percentage points.

Ranger Energy Services has an average 1 year price target of $20.00, an upside of 30.63% from Ranger Energy Services's current stock price of $15.31.

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 22 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. Smart Sand (NASDAQ:SND)

Smart Sand (NASDAQ:SND) has an annual dividend yield of 4.73%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 1.98%.

Smart Sand's dividend payout ratio of 92.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Kodiak Gas Services (NYSE:KGS)

Kodiak Gas Services (NYSE:KGS) has an annual dividend yield of 3.73%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 1.98%.

Kodiak Gas Services's dividend payout ratio of 172.9% indicates that its dividend yield might not be sustainable for the long-term.

3. Archrock (NYSE:AROC)

Archrock (NYSE:AROC) has an annual dividend yield of 2.9%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.98%. Archrock's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Archrock's dividend has shown consistent growth over the last 10 years.

Archrock's dividend payout ratio of 47.3% 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 -0.02% in the last day, and down -1.16% 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 43, which is 13 points higher than the oil & gas equipment & service industry average of 30. It passed 3 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -13.88% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -17 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 27 points higher than the oil & gas equipment & service industry average of 30. It passed 4 out of 7 valuation due diligence checks.

3. Smart Sand (NASDAQ:SND)

Smart Sand (NASDAQ:SND) 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.

Smart Sand has a valuation score of 71, which is 41 points higher than the oil & gas equipment & service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Smart Sand's stock has gained 149.06% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 146 percentage points.

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

62.86% 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 29.57% over the next year.

2.13% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 12.77% of oil & gas equipment & service stocks are rated B (Buy), 70.21% are rated C (Hold), 10.64% 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 27.94x.

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.