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 26 points higher than the oil & gas drilling industry average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock return 3.88% over the past year, underperforming other oil & gas drilling stocks by -7 percentage points.
Patterson Uti Energy has an average 1 year
price target of $15.00, an upside of 36.74% from Patterson Uti Energy's current stock price of $10.97.
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 42, which is 14 points higher than the oil & gas drilling industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Precision Drilling has seen its stock return 50.01% over the past year, overperforming other oil & gas drilling stocks by 39 percentage points.
Precision Drilling has an average 1 year
price target of $101.00, an upside of 39.54% from Precision Drilling's current stock price of $72.38.
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. Helmerich & Payne (NYSE:HP)
Helmerich & Payne (NYSE:HP) is the third best oil & gas drilling stock with a Zen Score of 41, which is 13 points higher than the oil & gas drilling industry average of 28. It passed 15 out of 38 due diligence checks and has strong fundamentals. Helmerich & Payne has seen its stock return 20.95% over the past year, overperforming other oil & gas drilling stocks by 10 percentage points.
Helmerich & Payne has an average 1 year
price target of $42.71, an upside of 11.09% from Helmerich & Payne's current stock price of $38.45.
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.