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 27 points higher than the oil & gas drilling industry average of 27. It passed 20 out of 38 due diligence checks and has strong fundamentals. Patterson Uti Energy has seen its stock return 7.94% 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 $14.86, an upside of 34.94% from Patterson Uti Energy's current stock price of $11.01.
Patterson Uti Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Patterson Uti Energy, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% 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 15 points higher than the oil & gas drilling industry average of 27. It passed 17 out of 38 due diligence checks and has strong fundamentals. Precision Drilling has seen its stock return 50.85% over the past year, overperforming other oil & gas drilling stocks by 36 percentage points.
Precision Drilling has an average 1 year
price target of $101.00, an upside of 41.85% from Precision Drilling's current stock price of $71.20.
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 14 points higher than the oil & gas drilling industry average of 27. It passed 15 out of 38 due diligence checks and has strong fundamentals. Helmerich & Payne has seen its stock return 21.3% over the past year, overperforming other oil & gas drilling stocks by 6 percentage points.
Helmerich & Payne has an average 1 year
price target of $42.00, an upside of 9.09% from Helmerich & Payne's current stock price of $38.50.
Helmerich & Payne stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Helmerich & Payne, 16.67% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.