Sectors & Industries EnergyOil & 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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
VAL	VALARIS LTD	$4.89B	N/A	0.00%	N/A	N/A	N/A	N/A
PUMP	PROPETRO HOLDING CORP	$931.53M	N/A	0.00%	N/A	N/A	N/A	N/A
SDPI	SUPERIOR DRILLING PRODUCTS INC	$37.99M	N/A	0.00%	N/A	N/A	N/A	N/A
PFIE	PROFIRE ENERGY INC	$87.12M	N/A	0.00%	N/A	N/A	N/A	N/A
RNGR	RANGER ENERGY SERVICES INC	$235.01M	1.45%	10.30%	$0.0500	$0.15	29%	0
WFRD	WEATHERFORD INTERNATIONAL PLC	$9.14B	N/A	0.00%	N/A	N/A	N/A	N/A
BKR	BAKER HUGHES CO	$32.60B	2.45%	44.00%	$0.2100	$0.80	47%	0	2024-05-03	2024-05-16
DTI	DRILLING TOOLS INTERNATIONAL CORP	$160.45M	N/A	0.00%	N/A	N/A	N/A	N/A
RES	RPC INC	$1.71B	2.02%	17.80%	$0.0400	$0.16	41%	5
DNOW	DNOW INC	$1.57B	N/A	0.00%	N/A	N/A	N/A	N/A
HAL	HALLIBURTON CO	$34.28B	1.68%	22.40%	$0.1700	$0.65	34%	1
MRC	MRC GLOBAL INC	$984.83M	N/A	0.00%	N/A	N/A	N/A	N/A
WHD	CACTUS INC	$4.15B	0.90%	17.90%	$0.1200	$0.47	16%	0
GEOS	GEOSPACE TECHNOLOGIES CORP	$166.20M	N/A	0.00%	N/A	N/A	N/A	N/A
LBRT	LIBERTY ENERGY INC	$3.79B	1.05%	8.50%	$0.0700	$0.24	19%	0	2024-06-06	2024-06-20
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	$365.59M	5.41%	57.70%	$0.1200	$0.46	81%	0
SLCA	US SILICA HOLDINGS INC	$1.00B	N/A	0.00%	$0.0200	N/A	N/A	2
BOOM	DMC GLOBAL INC	$330.23M	N/A	0.00%	$0.1250	N/A	N/A	1
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$596.06M	1.50%	18.30%	$0.1000	$0.32	30%	2
CHX	CHAMPIONX CORP	$6.62B	1.01%	21.20%	$0.0950	$0.35	18%	0		2024-04-26
SLB	SCHLUMBERGER LIMITED	$70.19B	2.09%	33.60%	$0.2750	$1.03	42%	1	2024-06-05	2024-07-11
NGS	NATURAL GAS SERVICES GROUP INC	$301.85M	N/A	0.00%	N/A	N/A	N/A	N/A
NOV	NOV INC	$7.42B	1.06%	7.90%	$0.0500	$0.20	19%	1
CLB	CORE LABORATORIES INC	$774.54M	0.24%	5.10%	$0.0100	$0.04	3%	2
AESI	ATLAS ENERGY SOLUTIONS INC	$2.25B	0.89%	23.30%	$0.2000	$0.20	16%	0
FTI	TECHNIPFMC PLC	$11.13B	0.58%	76.90%	$0.0500	$0.15	9%	1	2024-05-20	2024-06-05
DWSN	DAWSON GEOPHYSICAL CO	$47.45M	20.78%	0.00%	$0.3200	$0.32	99%	1
OII	OCEANEERING INTERNATIONAL INC	$2.32B	N/A	0.00%	$0.1500	N/A	N/A	1
DRQ	DRIL-QUIP INC	$657.31M	N/A	0.00%	N/A	N/A	N/A	N/A
FTK	FLOTEK INDUSTRIES INC	$103.23M	N/A	0.00%	N/A	N/A	N/A	N/A
TTI	TETRA TECHNOLOGIES INC	$580.35M	N/A	0.00%	N/A	N/A	N/A	N/A
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$119.23M	N/A	0.00%	N/A	N/A	N/A	N/A
USAC	USA COMPRESSION PARTNERS LP	$2.55B	8.48%	1,000.00%	$0.5250	$2.10	91%	0		2024-05-03
SND	SMART SAND INC	$89.89M	N/A	0.00%	N/A	N/A	N/A	N/A
OIS	OIL STATES INTERNATIONAL INC	$333.81M	N/A	0.00%	N/A	N/A	N/A	N/A
RCON	RECON TECHNOLOGY LTD	$4.14M	N/A	0.00%	N/A	N/A	N/A	N/A
AROC	ARCHROCK INC	$3.29B	3.15%	93.30%	$0.1650	$0.63	57%	1
NCSM	NCS MULTISTAGE HOLDINGS INC	$40.65M	N/A	0.00%	N/A	N/A	N/A	N/A
XPRO	EXPRO GROUP HOLDINGS NV	$2.12B	N/A	0.00%	$0.0750	N/A	N/A	1
NR	NEWPARK RESOURCES INC	$618.56M	N/A	0.00%	N/A	N/A	N/A	N/A
EFXT	ENERFLEX LTD	$709.03M	N/A	0.00%	N/A	N/A	N/A	N/A
KGS	KODIAK GAS SERVICES INC	$2.14B	N/A	0.00%	N/A	N/A	N/A	N/A
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$1.68B	N/A	0.00%	N/A	N/A	N/A	N/A
FET	FORUM ENERGY TECHNOLOGIES INC	$238.92M	N/A	0.00%	N/A	N/A	N/A	N/A
TDW	TIDEWATER INC	$4.84B	N/A	0.00%	$8.0645	N/A	N/A	0
VTOL	BRISTOW GROUP INC	$739.36M	N/A	0.00%	N/A	N/A	N/A	N/A
ACDC	PROFRAC HOLDING CORP	$1.29B	N/A	0.00%	N/A	N/A	N/A	N/A
TRSG	TUNGRAY TECHNOLOGIES INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A
ENSV	ENSERVCO CORP	$6.85M	N/A	0.00%	N/A	N/A	N/A	N/A
NINE	NINE ENERGY SERVICE INC	$81.25M	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 Apr 2024?

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

1. Valaris (NYSE:VAL)

Valaris (NYSE:VAL) is the top oil & gas equipment & service stock with a Zen Score of 58, which is 22 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. Valaris has seen its stock return 7.06% over the past year, underperforming other oil & gas equipment & service stocks by -14 percentage points.

Valaris has an average 1 year price target of $99.00, an upside of 46.73% from Valaris's current stock price of $67.47.

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

2. Propetro Holding (NYSE:PUMP)

Propetro Holding (NYSE:PUMP) is the second best oil & gas equipment & service stock with a Zen Score of 58, which is 22 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. Propetro Holding has seen its stock return 19.78% 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 $11.00, an upside of 27.02% from Propetro Holding's current stock price of $8.66.

Propetro Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.

3. Superior Drilling Products (NYSEMKT:SDPI)

Superior Drilling Products (NYSEMKT:SDPI) is the third best oil & gas equipment & service stock with a Zen Score of 57, which is 21 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. Superior Drilling Products has seen its stock return 23.76% over the past year, overperforming other oil & gas equipment & service stocks by 3 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. Dawson Geophysical Co (NASDAQ:DWSN)

Dawson Geophysical Co (NASDAQ:DWSN) has an annual dividend yield of 20.78%, which is 18 percentage points higher than the oil & gas equipment & service industry average of 3.22%. Dawson Geophysical Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Dawson Geophysical Co's dividend has shown consistent growth over the last 10 years.

Dawson Geophysical Co's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

2. Usa Compression Partners (NYSE:USAC)

Usa Compression Partners (NYSE:USAC) has an annual dividend yield of 8.48%, which is 5 percentage points higher than the oil & gas equipment & service industry average of 3.22%. 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 1,000% indicates that its high dividend yield might not be sustainable for the long-term.

3. Solaris Oilfield Infrastructure (NYSE:SOI)

Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 5.41%, which is 2 percentage points higher than the oil & gas equipment & service industry average of 3.22%. 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 57.7% indicates that its high dividend yield is sustainable for the long-term.

Why are oil & gas equipment & service stocks down?

Oil & gas equipment & service stocks were down -0.07% in the last day, and up 2.97% 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. 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 49 points higher than the oil & gas equipment & service industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Profire Energy's stock has gained 55.46% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 34 percentage points.

2. Dmc Global (NASDAQ:BOOM)

Dmc Global (NASDAQ:BOOM) is the second most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Dmc Global has a valuation score of 71, which is 34 points higher than the oil & gas equipment & service industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Dmc Global's stock has dropped -19.1% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -40 percentage points.

3. Drilling Tools International (NASDAQ:DTI)

Drilling Tools International (NASDAQ:DTI) is the third most undervalued oil & gas equipment & service stock based on WallStreetZen's Valuation Score. Drilling Tools International has a valuation score of 71, which is 34 points higher than the oil & gas equipment & service industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Drilling Tools International's stock has dropped -48.62% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -70 percentage points.

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

57.58% 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 19.84% 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 27.48x.

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.