Top 3 Picks
2026 Outlook
The Oilfield Services sector is poised for moderate growth through 2026, driven by increasing global energy demand and advancements in drilling technologies that improve efficiency and reduce environmental impact. Despite challenges from the shift to renewables and potential oil price fluctuations, projections indicate a rebound in upstream activities, with market caps of top players like SLB at $52.4B suggesting resilience. Overall, the sector could see 5-10% annual growth, supported by emerging market expansions and digital innovations.
Complete Rankings
| Rank | Stock | Score | Price | Market Cap |
|---|---|---|---|---|
|
1
|
Aris Water Solutions, Inc.
|
67.3 | -- | $806M |
|
2
|
National Energy Services Reunited Corp. Ordinary Shares
|
63.6 | $15.79 | $1.0B |
|
3
|
Ranger Energy Services, Inc.
|
60.4 | $14.06 | $305M |
|
4
|
Schlumberger Limited
|
60.4 | $40.20 | $52.4B |
|
5
|
KLX Energy Services Holdings, Inc. Common Stock
|
58.7 | $1.94 | $34M |
|
6
|
Liberty Energy Inc.
|
58.2 | $18.88 | $2.0B |
|
7
|
Halliburton Company
|
57.9 | $29.60 | $21.2B |
|
8
|
Natural Gas Services Group, Inc.
|
57.8 | $34.39 | $352M |
|
9
|
RPC, Inc.
|
57.8 | $5.53 | $1.1B |
|
10
|
Select Water Solutions, Inc.
|
57.8 | $11.09 | $1.1B |
|
11
|
Oceaneering International Inc.
|
57.1 | $24.85 | $2.5B |
|
12
|
Recon Technology, Ltd. Class A Ordinary Shares
|
56.3 | $1.55 | $61M |
|
13
|
Mammoth Energy Services, Inc. Common Stock
|
55.2 | $1.97 | $110M |
|
14
|
Helix Energy Solutions Group, Inc.
|
54.6 | $6.40 | $980M |
|
15
|
ProPetro Holding Corp.
|
53.9 | $9.82 | $565M |
In-Depth Analysis: Top Oilfield Services Stocks
ARIS
Aris Water Solutions Inc is an environmental infrastructure and solutions company delivering full-cycle water handling and recycling solutions. Its integrated pipelines and related infrastructure create long-term value by delivering high-capacity, comprehensive produced water management, recycling, and supply solutions to operators in the core areas of the Permian Basin. The company manages its business through a single operating segment comprising two …
Aris Water Solutions matters in the Oilfield Services sector due to its specialized focus on water handling and recycling, which addresses critical environmental challenges like water scarcity and regulatory compliance in oil and gas operations. Its integrated pipelines and high-capacity infrastructure for produced water management create long-term value by enhancing efficiency and sustainability for industry players.
With a Tradestie Score of 67.2/100, Aris Water Solutions exhibits moderate financial health, indicating potential resilience in a volatile sector despite limited available data. The company's emphasis on recycling solutions positions it to capitalize on growing demand for eco-friendly services, potentially improving profitability as operational efficiencies scale.
By 2026, Aris Water Solutions is likely to benefit from rising oilfield activity and stricter environmental regulations, increasing demand for its water management expertise and driving revenue growth. The company's integrated infrastructure investments will generate stable, recurring income from long-term contracts, enhancing its competitive edge. Additionally, as ESG-focused investing gains momentum, ARIS's sustainability focus could lead to stock re-rating and superior returns for investors.
NESR
National Energy Services Reunited Corp is a British Virgin Islands-based company engaged in providing products and services to the oil and gas industry in the Middle East and North Africa and the Asia Pacific regions. The company has two reportable segments: Production Services including coil tubing, stimulation, and pumping, nitrogen services, completions, pipelines, cementing, laboratory services and filtration services; and …
National Energy Services Reunited Corp. matters in the Oilfield Services sector due to its specialized focus on providing essential production services, such as coil tubing, to the oil and gas industry in high-demand regions like the Middle East, North Africa, and Asia Pacific, where energy production is critical for global supply.
NESR's profitability shows moderate financial health with a 5.5% profit margin and 7.7% ROE, indicating efficient equity utilization despite a -12.2% revenue growth that reflects recent sector challenges.
By 2026, NESR could benefit from a potential rebound in oil prices and demand in its core regions, reversing the -12.2% revenue decline and leveraging its 7.7% ROE for improved returns. The company's P/E ratio of 21.7 suggests market optimism for future growth, positioning it as an attractive investment in the expanding Oilfield Services sector. Additionally, its strategic presence in high-growth areas like the Middle East and Asia Pacific could drive increased service demand as global energy needs rise.
RNGR
Ranger Energy Services Inc is a provider of onshore high-specification (high-spec) well service rigs, wireline services, and additional processing solutions and ancillary services in the United States. It offers a range of well-site services to U.S. exploration and production (E&P) companies that are fundamental to establishing and enhancing the flow of oil and natural gas throughout the productive life of …
Ranger Energy Services Inc. matters in the Oilfield Services sector due to its specialized provision of high-spec well service rigs and wireline services, which are essential for efficient onshore oil and gas operations in the United States. By serving E&P companies with comprehensive well-site solutions, the company plays a critical role in supporting energy production and operational reliability amid fluctuating market conditions.
Ranger's profitability is modest, with a profit margin of 2.7% indicating slim earnings relative to revenue, while an ROE of 5.5% reflects moderate efficiency in generating returns on shareholder equity. However, the negative revenue growth of -15.8% highlights potential financial vulnerabilities, compounded by a P/E ratio of 21.2 that suggests the stock may be priced for future growth despite current challenges.
By 2026, Ranger Energy Services could benefit from a potential rebound in oil prices and increased demand for high-spec services, potentially reversing the -15.8% revenue decline and improving financial performance. The company's P/E ratio of 21.2 indicates room for valuation growth if profitability enhances, supported by a Tradestie Score of 60.4, signaling moderate investment appeal. Furthermore, its focus on essential onshore services positions it well to capitalize on U.S. E&P activities amid energy sector recovery.
SLB
SLB is the world's premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies in which it operates. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today, it's most known as a …
SLB, as the world's premier oilfield-services company by market share, plays a critical role in the sector by delivering essential technologies and services that enhance energy exploration and production efficiency. With its first or second position in many differentiated oligopolies and a legacy dating back to 1926, SLB sets industry benchmarks for innovation and reliability in a fragmented market.
SLB exhibits strong financial health with a 10.3% profit margin and a 15.2% ROE, demonstrating effective profitability and efficient use of shareholder equity in the oilfield services sector. However, the -2.5% revenue growth highlights recent challenges, though the 15.0 P/E ratio indicates a reasonable valuation relative to earnings.
By 2026, SLB's leading market position is poised to benefit from anticipated rebounds in oil demand and prices, potentially reversing the -2.5% revenue decline and leveraging its 15.2% ROE for sustained growth. The company's 15.0 P/E ratio suggests undervaluation compared to peers, offering investors a compelling entry point in a recovering sector. Additionally, SLB's Tradestie Score of 60.4 indicates moderate upside potential amid global energy transitions.
KLXE
KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control …
KLX Energy Services Holdings Inc is a key provider of essential completion, intervention, and production services for onshore oil and gas exploration and development in the United States, supporting the efficiency of unconventional energy projects. Its role in serving major oil and gas companies makes it a critical component of the Oilfield Services sector, where demand for specialized services directly influences operational productivity and cost management.
KLXE's profitability is weak, evidenced by a negative profit margin of -11.9%, indicating that the company is not generating profits from its revenues. Furthermore, a ROE of -374.6% highlights significant financial distress and poor equity utilization, while a revenue growth decline of -11.8% underscores challenges in sustaining sales amid sector volatility.
By 2026, KLXE could benefit from a potential rebound in oil and gas demand, driven by global energy needs and U.S. onshore production growth, potentially reversing the current -11.8% revenue decline. The company's specialized services position it to capitalize on increased drilling activities if oil prices stabilize above $70 per barrel, as forecasted by industry analysts. Additionally, with a Tradestie Score of 58.7 indicating moderate investment appeal, KLXE's operational expertise in key U.S. regions may lead to improved financial metrics and stock appreciation.
LBRT
Liberty Energy Inc is a integrated energy services and technology company focused on providing hydraulic fracturing services and related technologies to onshore oil and natural gas exploration and production (E&P) companies. The Company offers customers with hydraulic fracturing services, together with complementary services including wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data …
Liberty Energy Inc. matters in the Oilfield Services sector as a leading provider of hydraulic fracturing services and related technologies, which are critical for enhancing onshore oil and natural gas production efficiency. Its integrated approach supports E&P companies in optimizing operations, positioning it to capitalize on sector growth amid energy transition challenges.
Liberty Energy's profit margin of 4.8% reflects modest profitability in a competitive sector, while its ROE of 9.2% indicates reasonable efficiency in utilizing shareholder equity. However, the -16.8% revenue growth highlights recent declines possibly due to market volatility, underscoring the need for cost management to maintain financial health.
By 2026, rising global energy demands and potential oil price recoveries could boost demand for Liberty Energy's hydraulic fracturing services, leveraging its technological expertise for growth. The stock's P/E ratio of 16.5 suggests it is attractively valued relative to industry peers, offering upside potential if revenue stabilizes. Additionally, with a Tradestie Score of 58.2/100, the company's operational focus could lead to improved margins and returns as the sector rebounds.
HAL
Halliburton is North America's largest oilfield service company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as …
Halliburton matters in the Oilfield Services sector as North America's largest company by market share, holding a dominant position in hydraulic fracturing and completions, which constitutes nearly half of its revenue. This leadership enables it to set industry benchmarks and maintain a competitive edge in essential services amid sector fragmentation.
Halliburton's profit margin of 5.9% reflects moderate efficiency in converting revenue to profit, while its ROE of 12.8% indicates strong returns on shareholder equity, demonstrating solid financial health. Despite a revenue growth of -1.7%, the P/E ratio of 18.9 suggests the stock is reasonably valued relative to earnings, supporting its stability in a volatile sector.
Investors should consider buying Halliburton stock in 2026 given its leading market share in hydraulic fracturing, which positions it to capitalize on potential oil demand recovery and increased exploration activities. The company's ROE of 12.8% highlights efficient profit generation, and with a P/E of 18.9, it offers an attractive valuation for anticipated growth. As the sector rebounds, Halliburton's strong service offerings could drive revenue expansion, enhancing shareholder returns.
NGS
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufactures, fabricates, rents, sells, and maintains natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Rental, Sales, and Aftermarket services. The company generates the majority of its revenue by renting out low- …
Natural Gas Services Group Inc. matters in the Oilfield Services sector as a key provider of natural gas compression equipment and services, essential for efficient oil and natural gas production and plant operations. Its comprehensive offerings in manufacturing, renting, selling, and maintaining compressors and flare systems support the energy industry's infrastructure needs, positioning it as a vital enabler in a sector driven by increasing natural gas demand.
NGS exhibits moderate profitability with a 11.2% profit margin, indicating effective cost management in its operations, while a 7.1% ROE reflects reasonable returns on shareholder equity. The company's 6.7% revenue growth demonstrates financial health and expansion potential, though a P/E ratio of 23.1 suggests the stock is valued at a premium compared to industry averages.
Investors should consider buying NGS stock in 2026 given its 6.7% revenue growth, which signals ongoing demand for natural gas services amid rising global energy needs. The company's profitability, evidenced by a 11.2% profit margin, could improve with sector tailwinds like increased natural gas production and energy transition trends. Additionally, with a Tradestie Score of 57.8, NGS has potential for upside if oilfield services continue to expand, driven by projected increases in U.S. shale activity by 2026.
RES
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment to independent and oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment nclude …
RPC Inc. matters in the Oilfield Services sector as a key provider of specialized services and equipment that support exploration, production, and development of oil and gas properties across the United States, enabling efficient operations for independent and major energy companies.
RPC Inc.'s profitability is modest, with a 3.1% profit margin and 4.4% ROE indicating limited efficiency in generating profits from revenue and equity, but its 32.4% revenue growth highlights strong business expansion and potential for improved financial health.
RPC Inc.'s 32.4% revenue growth reflects robust demand in the Oilfield Services sector, driven by increasing U.S. oil and gas activities, which could lead to sustained earnings growth by 2026. The company's P/E ratio of 24.9 suggests it is reasonably valued for its growth trajectory, offering potential upside as energy demands rise. With a Tradestie Score of 57.8/100, indicating moderate appeal, investors may benefit from RPC's specialized role in a recovering market environment.
WTTR
Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities. Its reportable segments are Water Services, Water Infrastructure and Chemical Technologies. It generates the majority of its revenue from Water Services segment.
Select Water Solutions matters in the Oilfield Services sector as a key provider of sustainable water and chemical solutions, addressing critical needs for water recycling and treatment amid growing environmental regulations and resource scarcity. Its water infrastructure assets and chemical manufacturing capabilities enable efficient support for energy operations, positioning it as an essential player in enhancing operational sustainability and compliance.
Select Water Solutions' profitability is weak, evidenced by a low profit margin of 1.4% and an ROE of 2.3%, indicating limited efficiency in generating profits from sales and equity. Despite a revenue decline of 13.2%, the elevated P/E ratio of 56.0 suggests market expectations of future growth, though current financial health remains constrained by these metrics.
By 2026, Select Water Solutions is poised for growth due to escalating demand for sustainable water services in the oilfield sector, driven by regulatory pressures and the global energy transition, potentially reversing the current -13.2% revenue decline. The company's specialized infrastructure and chemical capabilities could enable it to capture a larger market share as oil and gas firms prioritize environmental compliance. With a Tradestie Score of 57.8, the stock offers potential upside for investors anticipating sector recovery and improved profitability.
Methodology
Stocks are ranked using the Tradestie Score, a proprietary 0-100 rating that combines fundamental quality (profitability, balance sheet strength), growth metrics (revenue and earnings growth), valuation (P/E, PEG ratio), and momentum factors. Scores are updated daily based on the latest market data. Learn more about our methodology.