Oil & Gas Equipment & Services Stocks — Fair Value & Margin of Safety

Equity Rank covers 36 Oil & Gas Equipment & Services companies; 31 have a published model fair value, and 12 of those (39%) trade below the model estimate. The median model fair value sits 12.9% below the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Oil & Gas Equipment & Services stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Oil & Gas Equipment & Services stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. RNGR — Ranger Energy Services Inc: model fair value $17.48 vs. price $14.28, a model fair value differential of 22.4% above the current price (as of 2026-10-22)
  2. NGS — Natural Gas Services Group Inc: model fair value $33.39 vs. price $30.04, a model fair value differential of 11.2% above the current price (as of 2026-10-22)
  3. VTOL — Bristow Group Inc: model fair value $40.18 vs. price $38.03, a model fair value differential of 5.7% above the current price (as of 2026-10-22)
  4. HAL — Halliburton Company: model fair value $34.84 vs. price $33.19, a model fair value differential of 5.0% above the current price (as of 2026-10-22)
  5. NESR — National Energy Services Reunited Corp Ordinary Shares: model fair value $20.47 vs. price $19.61, a model fair value differential of 4.4% above the current price (as of 2026-10-22)
  6. RES — RPC Inc: model fair value $6.24 vs. price $6.02, a model fair value differential of 3.6% above the current price (as of 2026-10-22)
  7. NOV — NOV Inc.: model fair value $18.80 vs. price $18.76, a model fair value differential of 0.2% above the current price (as of 2026-10-22)

All 36 Oil & Gas Equipment & Services companies

TickerCompanyPriceModel fair valueGap
SLBSchlumberger NV$49.51$27.96-43.5%
BKRBaker Hughes Co$53.62$39.54-26.3%
TSTenaris SA ADR$56.37$53.46-5.2%
HALHalliburton Company$33.19$34.84+5.0%
FTITechnipFMC PLC$66.82$45.38-32.1%
NOVNOV Inc.$18.76$18.80+0.2%
SEISolaris Energy Infrastructure, Inc.$58.40$59.27+1.5%
WFRDWeatherford International plc$81.18$73.09-10.0%
AROCArchrock Inc$28.40$19.25-32.2%
KGSKodiak Gas Services, Inc.$44.07$36.98-16.1%
OIIOceaneering International Inc$36.62$30.21-17.5%
WHDCactus Inc$60.38$48.65-19.4%
TDWTidewater Inc$79.61$54.37-31.7%
USACUSA Compression Partners LP$25.02$20.85-16.7%
WBIWaterBridge Infrastructure LLC$28.33$28.87+1.9%
EFXTEnerflex Ltd.$22.89$19.34-15.5%
LBRTLiberty Energy Inc.$15.38$18.47+20.1%
WTTRSelect Energy Services Inc$17.25$13.23-23.3%
NESRNational Energy Services Reunited Corp Ordinary Shares$19.61$20.47+4.4%
FLOCFlowco Holdings Inc.$18.81$14.56-22.6%
INVXInnovex International, Inc$27.93$24.33-12.9%
XPROExpro Group Holdings NV$15.66$15.24-2.7%
NEXTNextdecade Corp$5.91Not published—
RESRPC Inc$6.02$6.24+3.6%
AESIAtlas Energy Solutions Inc.$8.60$9.27+7.8%
VTOLBristow Group Inc$38.03$40.18+5.7%
FETForum Energy Technologies Inc$81.56Not published—
PUMPProPetro Holding Corp$7.22$8.28+14.7%
FTKFlotek Industries Inc$23.20$12.43-46.4%
TTITetra Technologies Inc$5.15$4.31-16.3%
OISOil States International Inc$8.04Not published—
CLBCore Laboratories NV$9.40$7.90-16.0%
NGSNatural Gas Services Group Inc$30.04$33.39+11.2%
RNGRRanger Energy Services Inc$14.28$17.48+22.4%
NOANorth American Construction Group Ltd$11.19Not published—
NINENine Energy Service, Inc.$7.66Not published—

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Oil & Gas Equipment & Services peers

SLB vs BKR · SLB vs TS · SLB vs HAL · SLB vs FTI · BKR vs TS · BKR vs HAL · BKR vs FTI · TS vs HAL · TS vs FTI · HAL vs FTI

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