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 32 points higher than the oil & gas drilling industry average of 29. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -6.17% over the past year, underperforming other oil & gas drilling stocks by -10 percentage points.
Patterson Uti Energy has an average 1 year
price target of $15.75, an upside of 50% from Patterson Uti Energy's current stock price of $10.50.
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. Helmerich & Payne (NYSE:HP)
Helmerich & Payne (NYSE:HP) is the second best oil & gas drilling stock with a Zen Score of 41, which is 12 points higher than the oil & gas drilling industry average of 29. It passed 15 out of 38 due diligence checks and has strong fundamentals. Helmerich & Payne has seen its stock return 15.72% over the past year, overperforming other oil & gas drilling stocks by 11 percentage points.
Helmerich & Payne has an average 1 year
price target of $43.43, an upside of 13.66% from Helmerich & Payne's current stock price of $38.21.
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.
3. Precision Drilling (NYSE:PDS)
Precision Drilling (NYSE:PDS) is the third best oil & gas drilling stock with a Zen Score of 40, which is 11 points higher than the oil & gas drilling industry average of 29. It passed 16 out of 38 due diligence checks and has average fundamentals. Precision Drilling has seen its stock return 42.01% over the past year, overperforming other oil & gas drilling stocks by 38 percentage points.
Precision Drilling has an average 1 year
price target of $81.00, an upside of 17.63% from Precision Drilling's current stock price of $68.86.
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.