Even with crude oil’s recent push up against the $100 mark, investors need to be judicious in their selection of energy stocks right now. Some companies — particularly those involved with oil exploration, nuclear energy and coal — are seeing headwinds.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve got seven energy stocks to sell.
Here they are, in alphabetical order. Each one of these stocks gets a “D” or “F” according to my research, meaning it is a “sell” or “strong sell.”
Arch Coal (NYSE:ACI) is a coal company that produced approximately 162.8 million tons of coal in 2010. Since the start of 2011, ACI stock is down 60% compared to much smaller losses in the broader markets.
Cameco (NYSE:CCJ) produces uranium used as fuel for nuclear power plants. CCJ stock has dipped 58% since the start of 2011, compared to a loss of just 1% for the Dow Jones.
EXCO Resources (NYSE:XCO) is engaged in the exploration, exploitation, development and production of oil and natural gas properties. Despite oil prices approaching $100, XCO stock has dropped an unimpressive 46% year-to-date.
Hess (NYSE:HES) is an integrated energy company that becomes a household name around the holidays because of its holiday commercials. Despite its name recognition, HES stock is down 28% year-to-date.
Inergy L.P. (NYSE:NRGY) owns a retail business involved with propane supply, marketing and distribution. NRGY stock is down 40% year-to-date.
Newfield Exploration (NYSE:NFX) is involved with the exploration, development and acquisition of oil and gas properties. NFX stock has lost 46% year-to-date.
Quicksilver Resources (NYSE:KWK) is an independent energy company that works with natural gas and natural gas liquids. KWK stock is down 52% since the start of 2011.
Get more analysis of these picks and other publicly traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.
