Oil & Gas Equipment & Services IPOs

Performance analysis and trends for 9 IPOs in the oil & gas equipment & services sector.

Total IPOs

9

Avg Return

+55.7%

Success Rate

55.6%

5 of 9 positive

Total Market Cap

$13.8B

Recent IPOs (2024+)

CompanyDateIPO PriceCurrentReturnMarket Cap
WBI
WaterBridge Infrastructure LLC
9/17/2025$20.00$28.60+43.0%$1.3B
OMSE
OMS Energy Technologies Inc.
5/13/2025$9.00$4.85-46.1%$205.9M
STAK
STAK Inc.
2/26/2025$4.00$0.83-79.1%$8.4M
FLOC
Flowco Holdings Inc.
1/16/2025$24.00$24.33+1.4%$989.6M
LSE
Leishen Energy Holding Co., Ltd.
12/19/2024$4.00$5.19+29.8%$22.4M
LB
LandBridge Company LLC
6/28/2024$17.00$67.93+299.6%$1.9B

Best Performers

CompanyReturnIPO Date
KGS
Kodiak Gas Services, Inc.
+316.9%6/29/2023
LB
LandBridge Company LLC
+299.6%6/28/2024
WBI
WaterBridge Infrastructure LLC
+43.0%9/17/2025
LSE
Leishen Energy Holding Co., Ltd.
+29.8%12/19/2024
FLOC
Flowco Holdings Inc.
+1.4%1/16/2025

Worst Performers

CompanyReturnIPO Date
STAK
STAK Inc.
-79.1%2/26/2025
ACDC
ProFrac Holding Corp.
-59.5%5/13/2022
OMSE
OMS Energy Technologies Inc.
-46.1%5/13/2025
AESI
Atlas Energy Solutions Inc.
-5.0%3/9/2023
FLOC
Flowco Holdings Inc.
+1.4%1/16/2025

Activity by Year

2025
4 IPOs
-20.2%
2024
2 IPOs
+164.7%
2023
2 IPOs
+156.0%
2022
1 IPOs
-59.5%

All Oil & Gas Equipment & Services IPOs

CompanyDateIPO PriceCurrentReturnExchange
WBI
WaterBridge Infrastructure LLC
9/17/2025$20.00$28.60+43.0%NYSE
OMSE
OMS Energy Technologies Inc.
5/13/2025$9.00$4.85-46.1%NASDAQ
STAK
STAK Inc.
2/26/2025$4.00$0.83-79.1%NASDAQ
FLOC
Flowco Holdings Inc.
1/16/2025$24.00$24.33+1.4%NYSE
LSE
Leishen Energy Holding Co., Ltd.
12/19/2024$4.00$5.19+29.8%NASDAQ
LB
LandBridge Company LLC
6/28/2024$17.00$67.93+299.6%NYSE
KGS
Kodiak Gas Services, Inc.
6/29/2023$16.00$66.71+316.9%NYSE
AESI
Atlas Energy Solutions Inc.
3/9/2023$18.00$17.10-5.0%NYSE
ACDC
ProFrac Holding Corp.
5/13/2022$18.00$7.29-59.5%NASDAQ