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 33 points higher than the oil & gas drilling industry average of 28. It passed 23 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock return 1.1% over the past year, underperforming other oil & gas drilling stocks by -1 percentage points.
Patterson Uti Energy has an average 1 year
price target of $16.30, an upside of 36.52% from Patterson Uti Energy's current stock price of $11.94.
Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Patterson Uti Energy, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% 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 39, which is 11 points higher than the oil & gas drilling industry average of 28. It passed 16 out of 38 due diligence checks and has average fundamentals. Noble has seen its stock return 21.8% over the past year, overperforming other oil & gas drilling stocks by 19 percentage points.
Noble has an average 1 year
price target of $56.50, an upside of 16.52% from Noble's current stock price of $48.49.
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 37, which is 9 points higher than the oil & gas drilling industry average of 28. It passed 14 out of 38 due diligence checks and has average fundamentals. Helmerich & Payne has seen its stock return 14.48% over the past year, overperforming other oil & gas drilling stocks by 12 percentage points.
Helmerich & Payne has an average 1 year
price target of $43.71, an upside of 3.93% from Helmerich & Payne's current stock price of $42.06.
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, 42.86% have issued a hold, while 0% have issued a Sell rating, and 28.57% have issued a Strong Sell.