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 63, which is 34 points higher than the oil & gas drilling industry average of 29. It passed 24 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock lose -3.68% 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 39.88% from Patterson Uti Energy's current stock price of $11.26.
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. Precision Drilling (NYSE:PDS)
Precision Drilling (NYSE:PDS) is the second 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 38.28% over the past year, overperforming other oil & gas drilling stocks by 34 percentage points.
Precision Drilling has an average 1 year
price target of $81.00, an upside of 17.77% from Precision Drilling's current stock price of $68.78.
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.
3. Noble (NYSE:NE)
Noble (NYSE:NE) is the third best oil & gas drilling stock with a Zen Score of 39, which is 10 points higher than the oil & gas drilling industry average of 29. It passed 16 out of 38 due diligence checks and has average fundamentals. Noble has seen its stock return 20.11% over the past year, overperforming other oil & gas drilling stocks by 16 percentage points.
Noble has an average 1 year
price target of $58.25, an upside of 28.13% from Noble's current stock price of $45.46.
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.