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 61, which is 34 points higher than the oil & gas drilling industry average of 27. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -6.98% 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 $15.75, an upside of 35.78% from Patterson Uti Energy's current stock price of $11.60.
Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Patterson Uti Energy, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% 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 37, which is 10 points higher than the oil & gas drilling industry average of 27. It passed 15 out of 38 due diligence checks and has average fundamentals. Noble has seen its stock return 20.39% over the past year, overperforming other oil & gas drilling stocks by 19 percentage points.
Noble has an average 1 year
price target of $58.25, an upside of 23.65% from Noble's current stock price of $47.11.
Noble stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Noble, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Helmerich & Payne (NYSE:HP)
Helmerich & Payne (NYSE:HP) is the third best oil & gas drilling stock with a Zen Score of 34, which is 7 points higher than the oil & gas drilling industry average of 27. It passed 13 out of 38 due diligence checks and has average fundamentals. Helmerich & Payne has seen its stock return 14.04% over the past year, overperforming other oil & gas drilling stocks by 13 percentage points.
Helmerich & Payne has an average 1 year
price target of $43.71, an upside of 3.29% from Helmerich & Payne's current stock price of $42.32.
Helmerich & Payne stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Helmerich & Payne, 28.57% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.