9 Oil and Gas Stocks to Sell Now

by Portfolio Grader | October 19, 2012 6:59 pm

This week, the ratings of nine Oil and Gas stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, NuSTAR GP Holdings (NYSE:NSH[2]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Nustar operates oil pipelines, terminals, and storage facilities. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions, and Sales Growth, NSH also gets F’s. The trailing PE Ratio for the stock is 84.20. Over the past month, NSH shares have declined 2.2%. This is worse than the S&P 500′s 0.3% drop for the same period. For more information, get Portfolio Grader’s complete analysis of NSH stock[3].

Crestwood Midstream Partner (NYSE:CMLP[4]) experiences a ratings drop this week, going from last week’s C to a D. Crestwood Midstream Partners owns and operates fee-based gathering, processing, treating, and compression assets that serve natural gas producers in the Barnett Shale geologic formation in the Fort Worth Basin of north Texas. In Earnings Growth, Earnings Revisions, Earnings Surprise, and Sales Growth the stock gets F’s. The stock has a trailing PE Ratio of 33.80. To get an in-depth look at CMLP, get Portfolio Grader’s complete analysis of CMLP stock[5].

Approach Resources (NASDAQ:AREX[6]) earns a D this week, moving down from last week’s grade of C. Approach Resources focuses on natural gas and oil reserves in tight sands and shale. The stock receives F’s in Earnings Revisions, Earnings Surprise, Cash Flow, and Margin Growth. As of Oct. 19, 2012, 10.1% of outstanding Approach Resources shares were held short. The stock currently has a trailing PE Ratio of 140.10. Shares of the company have fallen 8.9% since last month. For a full analysis of AREX stock, visit Portfolio Grader[7].

This week, PDC Energy‘s (NASDAQ:PETD[8]) rating worsens to a D from the company’s C rating a week ago. 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 Oct. 19, 2012, 17.3% 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].

Nordic American Tankers (NYSE:NAT[10]) ratings are on the decline this week as the company earns a F (“strong sell”). Last week, it received a D (“sell”). Nordic American Tankers is a shipping company that owns and charters Suezmax tankers for oil transportation. The stock gets F’s in Equity and Cash Flow. The stock price has fallen 14.6% over the past month. For a full analysis of NAT stock, visit Portfolio Grader[11].

This is a rough week for Overseas Shipholding Group (NYSE:OSG[12]). The company’s rating falls to F from the previous week’s D. Overseas Shipholding Group maintains a fleet of marine transport vessels. The stock gets F’s in Earnings Revisions, Equity, and Cash Flow. Wall Street appears to agree with the stock downgrade, with share prices dropping 49.5% over the past month. As of Oct. 19, 2012, 27.1% of outstanding Overseas Shipholding Group shares were held short. For more information, get Portfolio Grader’s complete analysis of OSG stock[13].

Slipping from a C to a D rating, Scorpio Tankers (NYSE:STNG[14]) takes a hit this week. Scorpio Tankers provides seaborne transportation of crude oil and other petroleum products worldwide. The stock gets F’s in Earnings Revisions, Equity, and Cash Flow. The stock price fell 4.4% from the previous month. To get an in-depth look at STNG, get Portfolio Grader’s complete analysis of STNG stock[15].

Gevo (NASDAQ:GEVO[16]) gets weaker ratings this week as last week’s D drops to a F. Gevo operates as a technology development company for biobutanol. The stock gets F’s in Equity, Cash Flow, and Sales Growth. Investors seem to agree with the downgrade and have pushed down the share price 39.4% over the past month. As of Oct. 19, 2012, 12.4% of outstanding Gevo shares were held short. For more information, get Portfolio Grader’s complete analysis of GEVO stock[17].

The rating of Abraxas (NASDAQ:AXAS[18]) declines this week from a D to a F. Abraxas Petroleum is an independent energy company that engages in the acquisition, development, exploration, and production of oil and gas in the United States and Canada. The stock gets F’s in Earnings Revisions, Earnings Surprise, and Cash Flow. The stock price has fallen 7.9% over the past month. As of Oct. 19, 2012, 10.8% of outstanding Abraxas shares were held short. For a full analysis of AXAS stock, visit Portfolio Grader[19].

Louis Navellier’s proprietary Portfolio Grader[20] 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[21].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. NSH: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NSH
  3. For more information, get Portfolio Grader’s complete analysis of NSH stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NSH
  4. CMLP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CMLP
  5. To get an in-depth look at CMLP, get Portfolio Grader’s complete analysis of CMLP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CMLP
  6. AREX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AREX
  7. For a full analysis of AREX stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AREX
  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. NAT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NAT
  11. For a full analysis of NAT stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NAT
  12. OSG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OSG
  13. For more information, get Portfolio Grader’s complete analysis of OSG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OSG
  14. STNG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=STNG
  15. To get an in-depth look at STNG, get Portfolio Grader’s complete analysis of STNG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=STNG
  16. GEVO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GEVO
  17. For more information, get Portfolio Grader’s complete analysis of GEVO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GEVO
  18. AXAS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AXAS
  19. For a full analysis of AXAS stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AXAS
  20. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  21. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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