These 3 Beaten-Down Oil Stocks Could Make A Big Comeback

Author: Rishabh Mishra | October 15, 2025 07:18am

Three Oil & Gas equipment stocks surged into the top decile of the value rankings this week, marking a notable shift in investor sentiment toward undervalued industrial players.

3 Oil & Gas Equipment Stocks In Focus

North American Construction Group Ltd. (NYSE:NOA), Nov Inc. (NYSE:NOV), and Ranger Energy Services Inc. (NYSE:RNGR) all advanced steadily in their value percentile scores, underscoring renewed interest in the sector's improving fundamentals and discounted valuations.

North American Construction Group

• NOA rose to an 89.48 value percentile. This steady improvement signals increasing relative value compared with sector peers. As a major contractor serving the energy and mining industries, NOA benefits from capital expenditure recovery in resource projects.

• The stock was down 33.66% year-to-date and declined 17.52% over the past year.

• It maintains a stronger price trend over the short term but a weaker trend in the medium and long terms, with a moderate growth ranking. Additional performance details are available here.

Nov

• NOV, a global leader in oilfield equipment manufacturing, recorded a 0.78-point week-on-week rise in its value percentile, moving from 89.76 to 90.54. Its broad portfolio across drilling and completion technologies has positioned it to capture demand as global exploration spending revives.

• Lower by 14.63% YTD, the stock declined 19.96% over the year.

• It had a weaker price over the short, medium, and long terms, with a moderate growth ranking. Additional performance details are available here.

See Also: As Gold Nears $4,200 Mark, These Two Miners Are Quietly Upgrading Their Game

Ranger Energy Services

• RNGR moved to 89.79th value percentile this week. Specializing in well service and completion operations, Ranger's improved ranking highlights its operational leverage in an upturn.

• The stock was down 22.43% year-to-date and advanced 3.43% over a year.

• It maintains a weaker price trend over the short, medium, and long terms, with a robust growth ranking. Additional performance details are available here.

Understanding Value Rankings

According to Benzinga Edge Stock Ranking descriptions, the value score is a percentile-ranked composite measure comparing a stock's market price to its financial fundamentals—such as assets, sales, earnings, and operating performance.

The percentile system places stocks relative to peers, meaning higher values denote greater relative undervaluation. The week-on-week climb of these three players demonstrates enhanced comparative worth amid stabilizing commodity prices and demand dynamics.

Price Action

The S&P 500 index ended 0.16% lower at 6,644.31 on Tuesday, whereas the Nasdaq 100 index declined 0.69% to 24,579.32. On the other hand, Dow Jones gained 0.44% to 46,270.46.

On Wednesday, the futures of the S&P 500, Dow Jones, and Nasdaq 100 indices were trading higher.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Posted In: NOA NOV RNGR