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 Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PUMP	PROPETRO HOLDING CORP	United States	$907.87M	107,567,074	60.31%	39.69%	Net Selling	Net Selling
VAL	VALARIS LTD	Bermuda	$4.86B	72,410,233	88.77%	0.67%	Net Selling
SDPI	SUPERIOR DRILLING PRODUCTS INC	United States	$34.34M	30,391,240	2.94%	97.06%	Net Selling
PFIE	PROFIRE ENERGY INC	United States	$87.12M	47,094,226	43.61%	52.16%	Net Buying	Net Buying
RNGR	RANGER ENERGY SERVICES INC	United States	$242.72M	22,662,569	30.78%	69.22%	Net Selling	Net Selling
DTI	DRILLING TOOLS INTERNATIONAL CORP	United States	$142.00M	29,768,568	1.98%	98.02%	Net Buying
WFRD	WEATHERFORD INTERNATIONAL PLC	Ireland	$8.02B	72,316,426	97.27%	1.59%	Net Selling	Net Selling
RES	RPC INC	United States	$1.68B	215,445,398	5.48%	94.52%	Net Selling	Net Selling
BKR	BAKER HUGHES CO	United States	$32.23B	1,000,881,406	91.66%	0.67%	Net Selling	Net Selling
HAL	HALLIBURTON CO	United States	$34.40B	890,101,601	85.23%	0.82%	Net Buying	Net Buying
DNOW	DNOW INC	United States	$1.56B	106,166,096	96.87%	3.13%	Net Buying	Net Buying
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	United States	$357.42M	43,011,048	30.76%	69.24%	Net Selling	Net Selling
GEOS	GEOSPACE TECHNOLOGIES CORP	United States	$163.27M	13,317,090	57.12%	19.27%	Net Selling	Net Selling
WHD	CACTUS INC	United States	$3.90B	79,356,709	48.43%	51.57%	Net Selling	Net Selling
SLB	SCHLUMBERGER LIMITED	United States	$72.71B	1,427,394,843	82.00%	2.92%	Net Selling	Net Selling
LBRT	LIBERTY ENERGY INC	United States	$3.68B	166,651,693	65.21%	34.79%	Net Selling	Net Selling
MRC	MRC GLOBAL INC	United States	$987.37M	84,390,297	65.92%	34.08%	Net Selling	Net Selling
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	Canada	$574.63M	27,827,282	61.50%	33.29%
BOOM	DMC GLOBAL INC	United States	$327.66M	19,786,188	82.14%	14.10%	Net Selling	Net Selling
CHX	CHAMPIONX CORP	United States	$6.93B	191,100,000	98.96%	1.04%	Net Selling	Net Selling
SLCA	US SILICA HOLDINGS INC	United States	$990.15M	78,087,577	22.22%	77.78%	Net Selling	Net Selling
NOV	NOV INC	United States	$7.29B	394,003,549	93.25%	1.23%	Net Selling	Net Selling
CLB	CORE LABORATORIES INC	Netherlands	$796.09M	46,856,536	81.39%	18.61%	Net Selling	Net Selling
NGS	NATURAL GAS SERVICES GROUP INC	United States	$290.78M	12,437,074	61.99%	38.01%	Net Buying
FTI	TECHNIPFMC PLC	United Kingdom	$10.89B	432,847,108	97.49%	1.92%	Net Selling	Net Selling
AESI	ATLAS ENERGY SOLUTIONS INC	United States	$2.19B	100,025,584	34.57%	37.62%	Net Selling	Net Selling
OII	OCEANEERING INTERNATIONAL INC	United States	$2.25B	100,813,143	93.53%	3.68%	Net Selling	Net Selling
DRQ	DRIL-QUIP INC	United States	$669.35M	34,413,906	77.95%	22.05%	Net Selling	Net Selling
FTK	FLOTEK INDUSTRIES INC	United States	$105.01M	29,662,759	18.45%	61.53%	Net Buying	Net Selling
TTI	TETRA TECHNOLOGIES INC	United States	$566.00M	130,414,694	70.11%	9.91%	Net Selling	Net Selling
KLXE	KLX ENERGY SERVICES HOLDINGS INC	United States	$117.06M	16,722,318	42.69%	34.44%	Net Selling	Net Selling
USAC	USA COMPRESSION PARTNERS LP	United States	$2.59B	103,001,911	20.15%	79.85%	Net Selling	Net Selling
SND	SMART SAND INC	United States	$86.02M	43,008,960	13.12%	86.88%	Net Selling	Net Selling
OIS	OIL STATES INTERNATIONAL INC	United States	$345.25M	63,582,041	82.06%	17.94%	Net Selling	Net Selling
RCON	RECON TECHNOLOGY LTD	China	$4.67M	47,628,218	8.28%	0.00%
NCSM	NCS MULTISTAGE HOLDINGS INC	United States	$40.91M	2,485,708	1.90%	98.10%	Net Selling	Net Selling
AROC	ARCHROCK INC	United States	$3.14B	165,655,913	58.23%	41.77%	Net Selling	Net Selling
DWSN	DAWSON GEOPHYSICAL CO	United States	$67.48M	30,812,329	6.90%	93.10%	Net Buying
NR	NEWPARK RESOURCES INC	United States	$620.27M	85,201,652	80.86%	12.01%	Net Selling
KGS	KODIAK GAS SERVICES INC	United States	$2.05B	77,434,577	24.52%	75.48%	Net Buying	Net Buying
XPRO	EXPRO GROUP HOLDINGS NV	Netherlands	$2.03B	110,079,739	5.45%	94.55%	Net Selling	Net Selling
EFXT	ENERFLEX LTD	Canada (Federal Level)	$701.60M	123,956,865	46.47%	0.00%
HLX	HELIX ENERGY SOLUTIONS GROUP INC	United States	$1.62B	152,416,382	91.30%	8.70%	Net Selling	Net Selling
FET	FORUM ENERGY TECHNOLOGIES INC	United States	$233.51M	12,283,670	2.47%	97.53%	Net Selling	Net Selling
TDW	TIDEWATER INC	United States	$4.64B	52,271,097	83.31%	16.69%	Net Buying	Net Buying
VTOL	BRISTOW GROUP INC	United States	$709.06M	28,317,000	62.92%	37.08%	Net Selling	Net Selling
ACDC	PROFRAC HOLDING CORP	United States	$1.27B	159,594,192	12.73%	80.30%	Net Buying	Net Buying
ENSV	ENSERVCO CORP	United States	$7.04M	26,879,643	2.88%	97.12%
NINE	NINE ENERGY SERVICE INC	United States	$89.73M	35,324,861	33.22%	66.78%	Net Selling	Net Selling

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 0.15% over the past year, underperforming other oil & gas equipment & service stocks by -17 percentage points.

Valaris has an average 1 year price target of $99.00, an upside of 47.63% from Valaris's current stock price of $67.06.

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 19.72% over the past year, overperforming other oil & gas equipment & service stocks by 2 percentage points.

Propetro Holding has an average 1 year price target of $11.00, an upside of 30.33% from Propetro Holding's current stock price of $8.44.

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 10.78% over the past year, underperforming other oil & gas equipment & service stocks by -6 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 8.35%, which is 6 percentage points higher than the oil & gas equipment & service industry average of 2.14%. 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.

2. Solaris Oilfield Infrastructure (NYSE:SOI)

Solaris Oilfield Infrastructure (NYSE:SOI) has an annual dividend yield of 5.54%, which is 3 percentage points higher than the oil & gas equipment & service industry average of 2.14%. 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.

3. Archrock (NYSE:AROC)

Archrock (NYSE:AROC) has an annual dividend yield of 3.3%, which is 1 percentage points higher than the oil & gas equipment & service industry average of 2.14%. 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 93.3% 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 0.11% in the last day, and down -6.33% 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 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 58.8% in the past year. It has overperformed other stocks in the oil & gas equipment & service industry by 42 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 -15.6% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -33 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 -54.46% in the past year. It has underperformed other stocks in the oil & gas equipment & service industry by -72 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 23.48% 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 27.37x.

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.