9 Energy Services Stocks to Sell Now

by Portfolio Grader | November 15, 2012 11:00 am

9 Energy Services Stocks to Sell Now

This week, the overall grades of nine Energy Services stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Core Laboratories‘ (NYSE:CLB[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Core Laboratories serves the oil and gas industry by providing it with proprietary and patented reservoir description, production enhancement, and reservoir management services. The stock price has dropped 6% over the past month, worse than the 5.9% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of CLB stock[3].

Nabors Industries (NYSE:NBR[4]) ratings are on the decline this week as the company earns a F (“strong sell”). Last week, it received a D (“sell”). Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Momentum and Cash Flow. Share prices fell 7.3% over the past month. The stock’s trailing PE Ratio is 121.90. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[5].

RPC Inc. (NYSE:RES[6]) is having a tough week. The company’s rating falls from a C to a D rating. RPC provides specialized oilfield services and equipment to independent and major oilfield companies. The stock price has fallen 6.9% over the past month. For a full analysis of RES stock, visit Portfolio Grader[7].

This is a rough week for Newpark Resources (NYSE:NR[8]). The company’s rating falls to F from the previous week’s D. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. As of Nov. 15, 2012, 10.2% of outstanding Newpark Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of NR stock[9].

Dril-Quip‘s (NYSE:DRQ[10]) rating weakens this week, dropping to a D versus last week’s C. Dril-Quip designs, manufactures, sells, and services offshore drilling and production equipment to be used in deepwater, harsh environment, and severe service applications. To get an in-depth look at DRQ, get Portfolio Grader’s complete analysis of DRQ stock[11].

This week, Hornbeck Offshore Services‘ (NYSE:HOS[12]) rating worsens to a D from the company’s C rating a week ago. Hornbeck Offshore Services provides marine transportation services to the offshore oil and gas industry. The stock also rates an F in Earnings Surprise. The stock currently has a trailing PE Ratio of 26.50. For a full analysis of HOS stock, visit Portfolio Grader[13].

Dresser-Rand Group (NYSE:DRC[14]) gets weaker ratings this week as last week’s C drops to a D. Dresser-Rand Group engages in the design, manufacture, sale, and servicing of custom-engineered rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power, military, and other industries worldwide. To get an in-depth look at DRC, get Portfolio Grader’s complete analysis of DRC stock[15].

Slipping from a C to a D rating, Oil States International (NYSE:OIS[16]) takes a hit this week. Oil States International provides specialty products and services to oil and gas drilling and production companies. Wall Street appears to agree with the stock downgrade, with share prices dropping 12.2% over the past month. For more information, get Portfolio Grader’s complete analysis of OIS stock[17].

Gulf Island Fabrication (NASDAQ:GIFI[18]) earns a F this week, moving down from last week’s grade of D. Gulf Island Fabrication makes offshore drilling and production platforms and other specialized structures used in the development and production of offshore oil and gas reserves. The stock gets F’s in Earnings Momentum and Earnings Revisions. The stock price has fallen 22.8% over the past month. The stock has a trailing PE Ratio of 52.80. For a full analysis of GIFI stock, visit Portfolio Grader[19].

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[20].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. CLB: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLB
  3. For more information, get Portfolio Grader’s complete analysis of CLB stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLB
  4. NBR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  5. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  6. RES: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RES
  7. For a full analysis of RES stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RES
  8. NR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  9. For more information, get Portfolio Grader’s complete analysis of NR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  10. DRQ: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRQ
  11. To get an in-depth look at DRQ, get Portfolio Grader’s complete analysis of DRQ stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRQ
  12. HOS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HOS
  13. For a full analysis of HOS stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HOS
  14. DRC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRC
  15. To get an in-depth look at DRC, get Portfolio Grader’s complete analysis of DRC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRC
  16. OIS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OIS
  17. For more information, get Portfolio Grader’s complete analysis of OIS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OIS
  18. GIFI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GIFI
  19. For a full analysis of GIFI stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GIFI
  20. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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