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: B.
Helmerich & Payne (NYSE:HP) has a Due Diligence Score of 24, which is -3 points lower than the oil & gas drilling industry average of 27.
HP passed 10 out of 38 due diligence checks and has weak fundamentals. Helmerich & Payne has seen its stock lose -49.6% over the past year, underperforming other oil & gas drilling stocks by -3 percentage points.
Helmerich & Payne has an average 1 year
price target of $30.00, an upside of 45.7% from Helmerich & Payne's current stock price of $20.59.
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.
2. 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 16, which is -11 points lower than the oil & gas drilling industry average of 27.
NBR passed 7 out of 38 due diligence checks and has weak fundamentals. Nabors Industries has seen its stock lose -58.84% over the past year, underperforming other oil & gas drilling stocks by -12 percentage points.
Nabors Industries has an average 1 year
price target of $65.00, an upside of 110.29% from Nabors Industries's current stock price of $30.91.
Nabors Industries stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Nabors Industries, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Precision Drilling (NYSE:PDS)
The Component Grade breakdown for Precision Drilling (NYSE:PDS) is: Value: C, Growth: D, Momentum: D, Sentiment: F, Safety: C, Financials: C, and AI: C.
Precision Drilling (NYSE:PDS) has a Due Diligence Score of 37, which is 10 points higher than the oil & gas drilling industry average of 27.
PDS passed 15 out of 38 due diligence checks and has average fundamentals. Precision Drilling has seen its stock lose -36.3% over the past year, overperforming other oil & gas drilling stocks by 10 percentage points.