WallStreetZenWallStreetZen

Sectors & IndustriesEnergyOil & 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...
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
PUMP
PROPETRO HOLDING CORP
$1.04BN/A0.00%N/AN/AN/AN/A
SDPI
SUPERIOR DRILLING PRODUCTS INC
$38.29MN/A0.00%N/AN/AN/AN/A
PFIE
PROFIRE ENERGY INC
$65.00MN/A0.00%N/AN/AN/AN/A
RES
RPC INC
$1.50B2.29%22.90%$0.0400$0.1646%52024-06-10
NOA
NORTH AMERICAN CONSTRUCTION GROUP LTD
$532.72M1.61%22.40%$0.1000$0.3234%22024-05-312024-07-05
BKR
BAKER HUGHES CO
$33.39B3.02%44.00%$0.2100$1.0157%0
WFRD
WEATHERFORD INTERNATIONAL PLC
$9.06BN/A0.00%N/AN/AN/AN/A
DNOW
DNOW INC
$1.45BN/A0.00%N/AN/AN/AN/A
HAL
HALLIBURTON CO
$33.55B1.72%22.40%$0.1700$0.6536%12024-06-052024-06-26
VAL
VALARIS LTD
$5.55BN/A0.00%N/AN/AN/AN/A
MRC
MRC GLOBAL INC
$1.15BN/A0.00%N/AN/AN/AN/A
WHD
CACTUS INC
$4.13B0.90%18.50%$0.1200$0.4717%02024-05-282024-06-13
GEOS
GEOSPACE TECHNOLOGIES CORP
$132.42MN/A0.00%N/AN/AN/AN/A
CHX
CHAMPIONX CORP
$6.53B1.02%18.60%$0.0950$0.3520%02024-07-052024-07-26
LBRT
LIBERTY ENERGY INC
$3.95B1.01%8.50%$0.0700$0.2419%02024-06-062024-06-20
SOI
SOLARIS OILFIELD INFRASTRUCTURE INC
$402.81M5.03%67.60%$0.1200$0.4680%02024-06-072024-06-17
SLB
SCHLUMBERGER LIMITED
$69.45B2.11%33.60%$0.2750$1.0343%12024-06-052024-07-11
NCSM
NCS MULTISTAGE HOLDINGS INC
$44.82MN/A0.00%N/AN/AN/AN/A
NOV
NOV INC
$7.54B1.05%8.00%$0.0500$0.2020%12024-06-142024-06-28
RNGR
RANGER ENERGY SERVICES INC
$238.67M1.92%22.10%$0.0500$0.2040%02024-05-31
SLCA
US SILICA HOLDINGS INC
$1.21BN/A0.00%$0.0200N/AN/A2
CLB
CORE LABORATORIES INC
$846.07M0.22%4.90%$0.0100$0.042%22024-05-28
BOOM
DMC GLOBAL INC
$261.77MN/A0.00%$0.1250N/AN/A1
OII
OCEANEERING INTERNATIONAL INC
$2.40BN/A0.00%$0.1500N/AN/A1
AESI
ATLAS ENERGY SOLUTIONS INC
$2.58B0.85%20.30%$0.2000$0.2016%0
AROC
ARCHROCK INC
$3.22B3.11%75.30%$0.1650$0.6458%1
NGS
NATURAL GAS SERVICES GROUP INC
$295.38MN/A0.00%N/AN/AN/AN/A
FTI
TECHNIPFMC PLC
$11.42B0.57%30.60%$0.0500$0.159%12024-05-202024-06-05
SND
SMART SAND INC
$94.09MN/A0.00%N/AN/AN/AN/A
DRQ
DRIL-QUIP INC
$662.59MN/A0.00%N/AN/AN/AN/A
KGS
KODIAK GAS SERVICES INC
$2.40BN/A0.00%N/AN/AN/AN/A
DTI
DRILLING TOOLS INTERNATIONAL CORP
$171.47MN/A0.00%N/AN/AN/AN/A
RCON
RECON TECHNOLOGY LTD
$4.47MN/A0.00%N/AN/AN/AN/A
USAC
USA COMPRESSION PARTNERS LP
$2.84B8.65%500.00%$0.5250$2.1092%0
TTI
TETRA TECHNOLOGIES INC
$552.09MN/A0.00%N/AN/AN/AN/A
NR
NEWPARK RESOURCES INC
$650.09MN/A0.00%N/AN/AN/AN/A
TDW
TIDEWATER INC
$5.57BN/A0.00%$8.0645N/AN/A0
FTK
FLOTEK INDUSTRIES INC
$114.18MN/A0.00%N/AN/AN/AN/A
EFXT
ENERFLEX LTD
$645.82MN/A0.00%N/AN/AN/AN/A
VTOL
BRISTOW GROUP INC
$1.06BN/A0.00%N/AN/AN/AN/A
ACDC
PROFRAC HOLDING CORP
$1.44BN/A0.00%N/AN/AN/AN/A
FET
FORUM ENERGY TECHNOLOGIES INC
$228.60MN/A0.00%N/AN/AN/AN/A
XPRO
EXPRO GROUP HOLDINGS NV
$2.41BN/A0.00%$0.0750N/AN/A1
HLX
HELIX ENERGY SOLUTIONS GROUP INC
$1.78BN/A0.00%N/AN/AN/AN/A
OIS
OIL STATES INTERNATIONAL INC
$303.10MN/A0.00%N/AN/AN/AN/A
KLXE
KLX ENERGY SERVICES HOLDINGS INC
$99.01MN/A0.00%N/AN/AN/AN/A
DWSN
DAWSON GEOPHYSICAL CO
$54.23M0.00%-133.30%$0.3720$0.00N/A0
ENSV
ENSERVCO CORP
$7.24MN/A0.00%N/AN/AN/AN/A
NINE
NINE ENERGY SERVICE INC
$66.06MN/A0.00%N/AN/AN/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.
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.