7 Oil and Gas Stocks to Sell Now

by Portfolio Grader | August 10, 2012 9:02 am

7 Oil and Gas Stocks to Sell Now

For the current week, the overall ratings of seven Oil and Gas stocks are worse, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Cenovus Energy‘s (NYSE:CVE[2]) rating declines to a D (“sell”) this week from a C (“hold”) the week prior. Cenovus Energy operates in oil projects and in the production of natural gas and crude oil. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Surprise, CVE also gets F’s. To get an in-depth look at CVE, get Portfolio Grader’s complete analysis of CVE stock[3].

Chesapeake Energy‘s (NYSE:CHK[4]) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”) last week. Chesapeake Energy explores, develops and acquires properties for the production of natural gas and crude oil from underground reservoirs. The stock gets F’s in Earnings Revisions, Earnings Surprise, and Cash Flow. As of August 10, 13.3% of outstanding Chesapeake Energy shares were held short. For a full analysis of CHK stock, visit Portfolio Grader[5].

Cloud Peak Energy (NYSE:CLD[6]) earns a D this week, moving down from last week’s grade of C. Cloud Peak Energy engages in the coal mining operations in the Powder River Basin and the United States. The stock also gets an F in Earnings Momentum. For more information, get Portfolio Grader’s complete analysis of CLD stock[7].

PDC Energy‘s (NASDAQ:PETD[8]) rating weakens this week, dropping to a D versus last week’s C. PDC is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. The stock gets F’s in Earnings Revisions and Cash Flow. As of August 10, 18.3% of outstanding PDC Energy shares were held short. To get an in-depth look at PETD, get Portfolio Grader’s complete analysis of PETD stock[9].

Slipping from a D to an F rating, BPZ Resources (NYSE:BPZ[10]) takes a hit this week. BPZ Resources is an independent oil and gas company focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. The stock gets F’s in Earnings Momentum, Earnings Revisions, and Equity. Cash Flow and Sales Growth also get F’s. As of August 10, 23.5% of outstanding BPZ Resources shares were held short. For a full analysis of BPZ stock, visit Portfolio Grader[11].

Teekay Tankers (NYSE:TNK[12]) is having a tough week. The company’s rating falls from a D to an F rating. Teekay Tankers owns oil tankers and transports crude oil. The stock gets F’s in Earnings Surprise and Margin Growth. For more information, get Portfolio Grader’s complete analysis of TNK stock[13].

The rating of Nexen Inc. (NYSE:NXY[14]) slips from a D to an F. Nexen is an independent global energy company that is based in Canada. The stock receives F’s in Earnings Growth, Earnings Momentum, and Earnings Revisions. Earnings Surprise and Cash Flow also get F’s. The stock has a trailing PE Ratio of 28. To get an in-depth look at NXY, get Portfolio Grader’s complete analysis of NXY stock[15].

Louis Navellier’s proprietary Portfolio Grader[1] stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here[16].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. CVE: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVE
  3. To get an in-depth look at CVE, get Portfolio Grader’s complete analysis of CVE stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVE
  4. CHK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CHK
  5. For a full analysis of CHK stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CHK
  6. CLD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLD
  7. For more information, get Portfolio Grader’s complete analysis of CLD stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLD
  8. PETD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PETD
  9. To get an in-depth look at PETD, get Portfolio Grader’s complete analysis of PETD stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PETD
  10. BPZ: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BPZ
  11. For a full analysis of BPZ stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BPZ
  12. TNK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TNK
  13. For more information, get Portfolio Grader’s complete analysis of TNK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TNK
  14. NXY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NXY
  15. To get an in-depth look at NXY, get Portfolio Grader’s complete analysis of NXY stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NXY
  16. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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