by Louis Navellier | February 14, 2012 11:30 am
The United States in increasing its role in the energy industry at a surprising rate. Natural gas exploration, fracking and oil exports are filling the airwaves. However, not all companies with a focus in energy are created equal.
I watch more than 5,000 publicly traded companies with my Portfolio Grader[1] tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve got seven energy equipment stocks that aren’t making the cut.
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.”
Baker Hughes (NYSE:BHI[2]) supplies oilfield services, products, technology and systems to oil and natural gas companies. In the past year, BHI stock has dipped 29% compared to a gain of 4% for the Dow Jones. BHI stock gets a “D” for earnings momentum, a “D” for its ability to exceed the consensus earnings estimates on Wall Street and a “D” for the magnitude in which earnings projections have increased over the past month in my Portfolio Grader tool. For more information, view my complete analysis of BHI stock[3].
McDermott International (NYSE:MDR[4]) is an engineering, procurement, construction and installation company. MDR has posted a significant loss of 40% since last February. MDR stock gets a “D” for operating margin growth, an “F” for earnings growth, a “D” for earnings momentum, an “F” for its ability to exceed the consensus earnings estimates on Wall Street and a “D” for the magnitude in which earnings projections have increased over the past month in my Portfolio Grader tool. For more information, view my complete analysis of MDR stock[5].
Patterson-UTI Energy (NASDAQ:PTEN[6]) owns an abundance of land-based drilling rigs in the United States. A 31% drop for PTEN in the last 12 months has shareholders dissatisfied. PTEN stock gets a “D” for earnings momentum, an “F” for its ability to exceed the consensus earnings estimates on Wall Street, a “D” for the magnitude in which earnings projections have increased of the past month and a “D” for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of PTEN stock[7].
Superior Energy Services (NYSE:SPN[8]) supplies specialized oilfield services and equipment to its clients. SPN stock has slid almost 21% in the last 52 weeks. SPN stock gets an “F” for earnings momentum a “D” for its ability to exceed the consensus earnings estimates on Wall Street and a “D” for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of SPN stock[9].
Transocean (NYSE:RIG[10]) is involved with offshore contract drilling services for oil and gas wells, as its ticker would suggest. RIG has been anything but inspiring in the last year, down 38%. RIG stock gets a “D” for sales growth, an “F” for operating margin growth, an “F” for earnings growth, a “D” for earnings momentum, an “F” for its ability to exceed the consensus earnings estimates on Wall Street, an “F” for the magnitude in which earnings projections have increased over the past month, a “D” for cash flow and an “F” for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of RIG stock[11].
Tenaris (NYSE:TS[12]) is involved with the manufacture of steel pipe and distribution operations. TS stock is down 14%, compared a gain of 4% for the Dow Jones in the past year. TS stock gets a “D” for the magnitude in which earnings projections have increased over the past month in my Portfolio Grader tool. For more information, view my complete analysis of TS stock[13].
Weaterford International (NYSE:WFT[14]) is a provider equipment for use in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. WFT rounds out the list with a loss of 29% this year. WFT stock gets a “D” for its ability to exceed the consensus earnings estimates on Wall Street, a “D” for the magnitude in which earnings projections have increased over the past month, a “D” for cash flow and a “D” for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of WFT stock[15].
Get more analysis of these picks and other publicly traded stocks with Louis Navellier’s Portfolio Grader[16] tool, a 100% free stock rating tool that measures both quantitative buying pressure and eight fundamental factors.
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