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	$1.04B	107,039,149	52.76%	47.24%	Net Selling	Net Selling
SDPI	SUPERIOR DRILLING PRODUCTS INC	United States	$38.29M	30,391,244	2.73%	97.27%	Net Selling	Net Selling
PFIE	PROFIRE ENERGY INC	United States	$65.00M	47,101,232	43.54%	52.15%	Net Buying	Net Buying
RES	RPC INC	United States	$1.50B	214,347,062	5.66%	94.34%	Net Selling
NOA	NORTH AMERICAN CONSTRUCTION GROUP LTD	Canada	$532.72M	26,729,342	66.19%	33.81%
BKR	BAKER HUGHES CO	United States	$33.39B	997,997,634	89.51%	0.67%	Net Selling	Net Selling
WFRD	WEATHERFORD INTERNATIONAL PLC	Ireland	$9.06B	73,154,140	93.81%	1.55%	Net Selling	Net Selling
DNOW	DNOW INC	United States	$1.45B	106,802,549	96.84%	3.13%	Net Buying	Net Buying
HAL	HALLIBURTON CO	United States	$33.55B	885,301,252	85.21%	0.82%	Net Buying	Net Buying
VAL	VALARIS LTD	Bermuda	$5.55B	72,410,818	88.18%	0.67%	Net Selling
MRC	MRC GLOBAL INC	United States	$1.15B	85,076,144	65.48%	34.52%	Net Selling	Net Selling
WHD	CACTUS INC	United States	$4.13B	79,554,827	49.68%	50.32%	Net Selling	Net Selling
GEOS	GEOSPACE TECHNOLOGIES CORP	United States	$132.42M	13,362,090	61.07%	19.36%	Net Selling	Net Selling
CHX	CHAMPIONX CORP	United States	$6.53B	190,000,000	98.94%	1.06%	Net Selling	Net Selling
LBRT	LIBERTY ENERGY INC	United States	$3.95B	166,651,693	65.83%	34.17%	Net Selling	Net Selling
SOI	SOLARIS OILFIELD INFRASTRUCTURE INC	United States	$402.81M	44,022,505	31.37%	68.63%	Net Selling	Net Selling
SLB	SCHLUMBERGER LIMITED	United States	$69.45B	1,429,337,724	80.06%	2.92%	Net Selling	Net Selling
NCSM	NCS MULTISTAGE HOLDINGS INC	United States	$44.82M	2,502,564	1.90%	98.10%	Net Selling	Net Selling
NOV	NOV INC	United States	$7.54B	395,535,931	92.11%	1.25%	Net Selling	Net Selling
RNGR	RANGER ENERGY SERVICES INC	United States	$238.67M	22,883,296	31.12%	68.88%	Net Selling	Net Selling
SLCA	US SILICA HOLDINGS INC	United States	$1.21B	78,133,202	23.27%	76.73%	Net Selling	Net Selling
CLB	CORE LABORATORIES INC	Netherlands	$846.07M	46,899,863	81.40%	18.60%	Net Selling	Net Selling
BOOM	DMC GLOBAL INC	United States	$261.77M	19,982,074	75.99%	14.25%	Net Selling	Net Selling
OII	OCEANEERING INTERNATIONAL INC	United States	$2.40B	101,389,229	93.85%	3.73%	Net Selling	Net Selling
AESI	ATLAS ENERGY SOLUTIONS INC	United States	$2.58B	109,850,496	46.73%	34.12%	Net Selling	Net Selling
AROC	ARCHROCK INC	United States	$3.22B	156,286,457	58.48%	41.52%	Net Selling	Net Selling
NGS	NATURAL GAS SERVICES GROUP INC	United States	$295.38M	12,437,074	62.79%	37.21%	Net Selling	Net Selling
FTI	TECHNIPFMC PLC	United Kingdom	$11.42B	430,973,995	94.55%	1.93%	Net Selling	Net Selling
SND	SMART SAND INC	United States	$94.09M	42,574,948	13.42%	86.58%	Net Selling	Net Selling
DRQ	DRIL-QUIP INC	United States	$662.59M	34,420,419	77.76%	22.24%	Net Selling	Net Selling
KGS	KODIAK GAS SERVICES INC	United States	$2.40B	84,294,141	23.25%	70.60%	Net Buying	Net Buying
DTI	DRILLING TOOLS INTERNATIONAL CORP	United States	$171.47M	29,768,568	3.08%	96.92%	Net Buying
RCON	RECON TECHNOLOGY LTD	China	$4.47M	2,646,012	100.00%	0.00%
USAC	USA COMPRESSION PARTNERS LP	United States	$2.84B	116,993,865	20.50%	79.50%	Net Selling	Net Selling
TTI	TETRA TECHNOLOGIES INC	United States	$552.09M	131,138,795	68.89%	9.86%	Net Selling	Net Selling
NR	NEWPARK RESOURCES INC	United States	$650.09M	85,201,652	79.77%	12.45%	Net Selling
TDW	TIDEWATER INC	United States	$5.57B	52,762,223	84.50%	15.50%	Net Selling	Net Selling
FTK	FLOTEK INDUSTRIES INC	United States	$114.18M	29,656,821	20.77%	61.54%	Net Buying	Net Selling
EFXT	ENERFLEX LTD	Canada (Federal Level)	$645.82M	123,956,865	48.32%	0.00%
VTOL	BRISTOW GROUP INC	United States	$1.06B	28,393,000	63.07%	36.93%	Net Selling	Net Buying
ACDC	PROFRAC HOLDING CORP	United States	$1.44B	159,936,049	12.80%	80.13%	Net Buying	Net Buying
FET	FORUM ENERGY TECHNOLOGIES INC	United States	$228.60M	12,283,670	2.90%	97.10%	Net Selling	Net Selling
XPRO	EXPRO GROUP HOLDINGS NV	Netherlands	$2.41B	110,537,436	5.63%	94.37%	Net Selling	Net Selling
HLX	HELIX ENERGY SOLUTIONS GROUP INC	United States	$1.78B	152,453,000	88.13%	8.69%	Net Selling	Net Selling
OIS	OIL STATES INTERNATIONAL INC	United States	$303.10M	64,215,204	81.05%	18.95%	Net Selling	Net Buying
KLXE	KLX ENERGY SERVICES HOLDINGS INC	United States	$99.01M	16,867,243	44.41%	34.14%	Net Selling	Net Selling
DWSN	DAWSON GEOPHYSICAL CO	United States	$54.23M	30,812,329	6.50%	93.50%	Net Buying
ENSV	ENSERVCO CORP	United States	$7.24M	27,636,500	1.93%	98.07%
NINE	NINE ENERGY SERVICE INC	United States	$66.06M	35,324,861	32.21%	67.79%	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 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.