3 Energy Services Stocks to Sell Now

by Portfolio Grader | December 20, 2012 9:00 am

The ratings of three Energy Services stocks are down this week, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Gulf Island Fabrication’s (NASDAQ:GIFI[2]) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). 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. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, and Earnings Revisions, GIFI also gets an F. The stock currently has a trailing PE Ratio of 64.90. For a full analysis of GIFI stock, visit Portfolio Grader[3].

This is a rough week for Nabors Industries (NYSE:NBR[4]). The company’s rating falls to F from the previous week’s D. 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 131.90. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[5].

This week, Hercules Offshore (NASDAQ:HERO[6]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Hercules Offshore offers offshore contract drilling, liftboat, and inland barge services. In Earnings Momentum, Earnings Revisions, Equity, and Cash Flow the stock gets F’s. For more information, get Portfolio Grader’s complete analysis of HERO stock[7].

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[8].

Source URL: https://investorplace.com/2012/12/3-energy-services-stocks-to-sell-now-gifi-nbr-hero/

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