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 +32.52% 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

Oil & Gas Equipment & Services is Zen Rated C and is the 63rd ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
FET	FORUM ENERGY TECHNOLOGIES INC	$669.89M	11,304,286	3.14%	96.86%	Net Selling	Net Selling
FLOC	FLOWCO HOLDINGS INC	$2.26B	89,662,755	24.94%	6.55%	Net Selling	Net Selling
OIS	OIL STATES INTERNATIONAL INC	$579.66M	60,193,415	78.11%	21.89%	Net Selling	Net Selling
DTI	DRILLING TOOLS INTERNATIONAL CORP	$121.39M	35,185,760	9.28%	90.72%	Net Selling	Net Selling
HAL	HALLIBURTON CO	$34.85B	835,397,735	87.22%	0.95%	Net Selling	Net Selling
DWSN	DAWSON GEOPHYSICAL CO	$113.65M	31,052,840	6.28%	93.72%	Net Buying
EFXT	ENERFLEX LTD	$3.38B	121,801,779	63.73%	0.00%
RNGR	RANGER ENERGY SERVICES INC	$400.38M	23,761,623	38.43%	61.57%	Net Selling	Net Selling
FTI	TECHNIPFMC PLC	$29.91B	398,701,897	98.09%	1.91%	Net Selling	Net Selling
VTOL	BRISTOW GROUP INC	$1.43B	29,191,000	66.49%	33.51%	Net Selling	Net Selling
WFRD	WEATHERFORD INTERNATIONAL PLC	$7.81B	71,925,332	97.86%	2.14%	Net Selling	Net Selling
SND	SMART SAND INC	$226.83M	43,538,189	19.55%	80.45%	Net Selling	Net Selling
FTK	FLOTEK INDUSTRIES INC	$609.87M	36,172,491	31.01%	63.75%	Net Buying	Net Selling
NPKI	NPK INTERNATIONAL INC	$1.33B	84,447,036	86.50%	13.50%	Net Selling	Net Selling
HLX	HELIX ENERGY SOLUTIONS GROUP INC	$1.51B	147,296,092	86.75%	9.30%	Net Selling
NCSM	NCS MULTISTAGE HOLDINGS INC	$107.42M	2,624,523	2.01%	97.99%	Net Selling	Net Selling
USAC	USA COMPRESSION PARTNERS LP	$3.96B	144,972,358	25.67%	74.33%	Net Selling	Net Selling
BKR	BAKER HUGHES CO	$67.24B	992,068,697	99.31%	0.69%	Net Selling	Net Selling
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	$426.85M	28,821,481	58.05%	32.14%
NGS	NATURAL GAS SERVICES GROUP INC	$516.85M	12,587,628	67.61%	32.39%	Net Selling	Net Selling
INVX	INNOVEX INTERNATIONAL INC	$1.83B	68,759,676	42.85%	57.15%	Net Selling	Net Selling
SLB	SLB LIMITED	$83.72B	1,495,057,661	85.24%	2.80%	Net Selling	Net Selling
TTI	TETRA TECHNOLOGIES INC	$1.32B	135,389,986	87.41%	11.23%	Net Selling	Net Selling
OII	OCEANEERING INTERNATIONAL INC	$3.76B	99,745,249	96.46%	3.54%	Net Selling	Net Selling
WHD	CACTUS INC	$4.37B	79,858,276	53.22%	46.78%	Net Selling	Net Selling
AROC	ARCHROCK INC	$6.97B	174,945,882	62.71%	37.29%	Net Selling	Net Selling
LBRT	LIBERTY ENERGY INC	$5.50B	163,191,416	64.78%	35.22%	Net Selling	Net Selling
KGS	KODIAK GAS SERVICES INC	$6.09B	85,869,390	99.04%	0.96%	Net Selling	Net Buying
BOOM	DMC GLOBAL INC	$156.38M	20,468,807	81.50%	15.93%	Net Selling	Net Selling
STAK	STAK INC	$12.81M	13,210,349	0.74%	69.64%
ACDC	PROFRAC HOLDING CORP	$1.36B	180,920,753	10.94%	89.06%	Net Buying	Net Selling
RES	RPC INC	$1.73B	221,639,270	5.84%	94.16%	Net Selling
LB	LANDBRIDGE CO LLC	$1.84B	27,838,199	33.05%	66.95%	Net Selling	Net Selling
TDW	TIDEWATER INC	$4.23B	49,730,652	84.33%	15.67%	Net Buying	Net Buying
WBI	WATERBRIDGE INFRASTRUCTURE LLC	$3.78B	123,455,000	14.01%	85.99%	Net Buying
DNOW	DNOW INC	$2.54B	186,346,145	97.75%	2.25%	Net Selling	Net Selling
PUMP	PROPETRO HOLDING CORP	$2.04B	122,616,976	55.23%	44.77%	Net Selling	Net Selling
KLXE	KLX ENERGY SERVICES HOLDINGS INC	$72.84M	19,529,046	25.77%	32.92%	Net Selling	Net Selling
NOV	NOV INC	$7.22B	358,888,480	98.39%	1.61%	Net Selling	Net Selling
CLB	CORE LABORATORIES INC	$655.96M	46,096,682	81.39%	18.61%	Net Selling	Net Selling
NINE	NINE ENERGY SERVICE INC	N/A	43,310,777	0.00%	0.00%
SEI	SOLARIS ENERGY INFRASTRUCTURE INC	$5.57B	73,541,989	56.15%	43.85%	Net Selling	Net Selling
GEOS	GEOSPACE TECHNOLOGIES CORP	$114.57M	12,887,918	55.48%	20.92%
AESI	ATLAS ENERGY SOLUTIONS INC	$2.40B	124,905,584	70.20%	28.80%	Net Selling	Net Selling
OMSE	OMS ENERGY TECHNOLOGIES INC	$203.78M	44,300,556	0.78%	61.29%
RCON	RECON TECHNOLOGY LTD	$27.26M	30,627,426	0.28%	34.33%
LSE	LEISHEN ENERGY HOLDING CO LTD	$84.61M	17,025,000	0.01%	74.65%
XPRO	EXPRO GROUP HOLDINGS NV	$2.02B	113,395,283	6.08%	93.92%	Net Selling	Net Selling
VAL	VALARIS LTD	$6.43B	69,251,780	82.95%	1.02%	Net Selling	Net Selling

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: A, Sentiment: C, Safety: B, Financials: C, and AI: C.

Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -14 points lower than the oil & gas equipment & service industry average of 32. 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 328.8% over the past year, overperforming other oil & gas equipment & service stocks by 244 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 A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Flowco Holdings (NYSE:FLOC) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: C.

Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 35, which is 3 points higher than the oil & gas equipment & service industry average of 32.

FLOC passed 14 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock return 18.11% over the past year, underperforming other oil & gas equipment & service stocks by -67 percentage points.

Flowco Holdings has an average 1 year price target of $28.67, an upside of 13.85% from Flowco Holdings's current stock price of $25.18.

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. Oil States International (NYSE:OIS)

Oil States International (NYSE:OIS) 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 Oil States International (NYSE:OIS) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: A.

Oil States International (NYSE:OIS) has a Due Diligence Score of 21, which is -11 points lower than the oil & gas equipment & service industry average of 32. Although this number is below the industry average, our proven quant model rates OIS as a "B".

OIS passed 6 out of 33 due diligence checks and has weak fundamentals. Oil States International has seen its stock return 130.94% over the past year, overperforming other oil & gas equipment & service stocks by 46 percentage points.

Oil States International has an average 1 year price target of $14.00, an upside of 45.38% from Oil States International's current stock price of $9.63.

Oil States International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Oil States International, 50% have issued a Strong Buy rating, 0% 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 7.7%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 1.5%. 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 247.1% 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 4.8%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 1.5%.

Smart Sand's dividend payout ratio of 500% indicates that its high dividend yield might not be sustainable for the long-term.

3. Nov (NYSE:NOV)

Nov (NYSE:NOV) has an annual dividend yield of 2.61%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 1.5%. 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 down?

Oil & gas equipment & service stocks were down -0.61% in the last day, and down -2.91% over the last week. Bristow Group was the among the top losers in the oil & gas equipment & services industry, dropping -1.05% yesterday.

Bristow Group shares are trading lower. The company reported Q1 financial results.

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 29, which is 12 points higher than the oil & gas equipment & service industry average of 17. It passed 2 out of 7 valuation due diligence checks.

North American Construction Group's stock has dropped -3.27% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -88 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 57, which is 40 points higher than the oil & gas equipment & service industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Bristow Group's stock has gained 65.43% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -20 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 26 points higher than the oil & gas equipment & service industry average of 17. It passed 3 out of 7 valuation due diligence checks.

Ncs Multistage Holdings's stock has gained 38.75% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -46 percentage points.

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

38.24% 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 1.8% over the next year.

4.55% of oil & gas equipment & service stocks have a Zen Rating of A (Strong Buy), 18.18% of oil & gas equipment & service stocks are rated B (Buy), 65.91% are rated C (Hold), 6.82% are rated D (Sell), and 4.55% 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 22.52x.

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.