Zacks Investment Research
3 Oil & Gas Equipment Stocks to Benefit From Strong Industry Prospects
The oil and gas equipment industry is poised for growth driven by robust oil prices ($88.21/barrel WTI expected in 2026), rising backlogs, and strong demand for drilling and production equipment. Three key players—NOV Inc., Oil States International, and Natural Gas Services Group—are well-positioned to benefit from these favorable industry dynamics, supported by strong balance sheets and decarbonization initiatives.
