According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best oil & gas drilling stocks to buy right now are:
1. Helmerich & Payne (NYSE:HP)
The Component Grade breakdown for Helmerich & Payne (NYSE:HP) is: Value: B, Growth: C, Momentum: D, Sentiment: D, Safety: C, Financials: C, and AI: C.
Helmerich & Payne (NYSE:HP) has a Due Diligence Score of 40, which is 12 points higher than the oil & gas drilling industry average of 28.
HP passed 15 out of 38 due diligence checks and has average fundamentals. Helmerich & Payne has seen its stock lose -37.07% over the past year, underperforming other oil & gas drilling stocks by -1 percentage points.
Helmerich & Payne has an average 1 year
price target of $34.50, an upside of 32.59% from Helmerich & Payne's current stock price of $26.02.
Helmerich & Payne stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Helmerich & Payne, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Precision Drilling (NYSE:PDS)
The Component Grade breakdown for Precision Drilling (NYSE:PDS) is: Value: A, Growth: D, Momentum: D, Sentiment: D, Safety: C, Financials: C, and AI: C.
Precision Drilling (NYSE:PDS) has a Due Diligence Score of 41, which is 13 points higher than the oil & gas drilling industry average of 28.
PDS passed 17 out of 38 due diligence checks and has strong fundamentals. Precision Drilling has seen its stock lose -28.57% over the past year, overperforming other oil & gas drilling stocks by 7 percentage points.
3. Nabors Industries (NYSE:NBR)
The Component Grade breakdown for Nabors Industries (NYSE:NBR) is: Value: C, Growth: B, Momentum: F, Sentiment: F, Safety: C, Financials: C, and AI: D.
Nabors Industries (NYSE:NBR) has a Due Diligence Score of 10, which is -18 points lower than the oil & gas drilling industry average of 28.
NBR passed 4 out of 38 due diligence checks and has weak fundamentals. Nabors Industries has seen its stock lose -47.73% over the past year, underperforming other oil & gas drilling stocks by -12 percentage points.
Nabors Industries has an average 1 year
price target of $73.00, an upside of 64.86% from Nabors Industries's current stock price of $44.28.
Nabors Industries stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Nabors Industries, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.