According to Zen Score, the 3 best oil & gas drilling stocks to buy right now are:
1. Patterson Uti Energy (NASDAQ:PTEN)
Patterson Uti Energy (NASDAQ:PTEN) is the top oil & gas drilling stock with a Zen Score of 54, which is 27 points higher than the oil & gas drilling industry average of 27. It passed 20 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -41.06% over the past year, underperforming other oil & gas drilling stocks by -8 percentage points.
Patterson Uti Energy has an average 1 year
price target of $18.00, an upside of 63.04% from Patterson Uti Energy's current stock price of $11.04.
Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Patterson Uti Energy, 71.43% have issued a Strong Buy rating, 0% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Noble (NYSE:NE)
Noble (NYSE:NE) is the second best oil & gas drilling stock with a Zen Score of 46, which is 19 points higher than the oil & gas drilling industry average of 27. It passed 15 out of 33 due diligence checks and has strong fundamentals. Noble has seen its stock return 10.57% over the past year, overperforming other oil & gas drilling stocks by 44 percentage points.
Noble has an average 1 year
price target of $51.50, an upside of 26.23% from Noble's current stock price of $40.80.
Noble stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Noble, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Precision Drilling (NYSE:PDS)
Precision Drilling (NYSE:PDS) is the third best oil & gas drilling stock with a Zen Score of 42, which is 15 points higher than the oil & gas drilling industry average of 27. It passed 17 out of 38 due diligence checks and has strong fundamentals. Precision Drilling has seen its stock lose -43.91% over the past year, underperforming other oil & gas drilling stocks by -11 percentage points.
Precision Drilling has an average 1 year
price target of $91.00, an upside of 97.96% from Precision Drilling's current stock price of $45.97.
Precision Drilling stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Precision Drilling, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.