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9 Energy Services Stocks to Sell Now

CLB, NBR, RES, NR, DRQ, HOS, DRC, OIS, GIFI slump in weekly rankings

   

This week, the ratings of nine Energy Services stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Core Laboratories‘s (NYSE:CLB) 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. For a full analysis of CLB stock, visit Portfolio Grader.

Nabors Industries (NYSE:NBR) 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. The stock has a trailing PE Ratio of 128.10. For more information, get Portfolio Grader’s complete analysis of NBR stock.

RPC Inc. (NYSE:RES) gets weaker ratings this week as last week’s C drops to a D. RPC provides specialized oilfield services and equipment to independent and major oilfield companies. To get an in-depth look at RES, get Portfolio Grader’s complete analysis of RES stock.

The rating of Newpark Resources (NYSE:NR) declines this week from a D to a F. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. As of Nov. 8, 2012, 10.4% of outstanding Newpark Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of NR stock.

Dril-Quip (NYSE:DRQ) experiences a ratings drop this week, going from last week’s C to a D. Dril-Quip designs, manufactures, sells, and services offshore drilling and production equipment to be used in deepwater, harsh environment, and severe service applications. The stock currently has a trailing PE Ratio of 25.80. For a full analysis of DRQ stock, visit Portfolio Grader.

Hornbeck Offshore Services (NYSE:HOS) earns a D this week, moving down from last week’s grade of C. Hornbeck Offshore Services provides marine transportation services to the offshore oil and gas industry. The stock also gets an F in Earnings Surprise. The trailing PE Ratio for the stock is 29.20. For more information, get Portfolio Grader’s complete analysis of HOS stock.

Dresser-Rand Group (NYSE:DRC) is having a tough week. The company’s rating falls from a C to a D rating. 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. The stock also gets an F in Earnings Surprise. For a full analysis of DRC stock, visit Portfolio Grader.

The rating of Oil States International (NYSE:OIS) slips from a C to a D. Oil States International provides specialty products and services to oil and gas drilling and production companies. The stock price has dropped 6.3% over the past month, worse than the 4.2% decrease the S&P 500 has seen over the same period of time. To get an in-depth look at OIS, get Portfolio Grader’s complete analysis of OIS stock.

Gulf Island Fabrication (NASDAQ:GIFI) earns a F this week, falling 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. Share prices fell 19.8% over the past month. The stock’s trailing PE Ratio is 57.10. For more information, get Portfolio Grader’s complete analysis of GIFI stock.

Louis Navellier’s proprietary Portfolio Grader 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.


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/9-energy-services-stocks-to-sell-now-clb-nbr-res/.

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