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 47, which is 19 points higher than the oil & gas drilling industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock return 31.68% over the past year, underperforming other oil & gas drilling stocks by -11 percentage points.
Patterson Uti Energy has an average 1 year
price target of $18.00, an upside of 23.03% from Patterson Uti Energy's current stock price of $14.63.
Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Patterson Uti Energy, 70% have issued a Strong Buy rating, 10% have issued a Buy, 20% 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 38, which is 10 points higher than the oil & gas drilling industry average of 28. It passed 15 out of 38 due diligence checks and has average fundamentals. Precision Drilling has seen its stock return 42.61% over the past year.
Precision Drilling has an average 1 year
price target of $115.67, an upside of 69.4% from Precision Drilling's current stock price of $68.28.
Precision Drilling stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Precision Drilling, 66.67% have issued a Strong Buy rating, 33.33% 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 34, which is 6 points higher than the oil & gas drilling industry average of 28. It passed 14 out of 38 due diligence checks and has average fundamentals. Noble has seen its stock return 89.29% over the past year, overperforming other oil & gas drilling stocks by 46 percentage points.
Noble has an average 1 year
price target of $60.00, an upside of 17.05% from Noble's current stock price of $51.26.
Noble stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Noble, 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.