6 Energy Services Stocks to Buy Now

by Portfolio Grader | December 20, 2012 3:10 pm

Six Energy Services stocks are moving up in their overall rating this week, according to the Portfolio Grader[1] database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Seadrill (NYSE:SDRL[2]) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Seadrill is an offshore drilling contractor that provides drilling and well services to the offshore industry. In Portfolio Grader’s specific subcategories of Earnings Growth and Earnings Momentum, SDRL also gets A’s. The stock’s dividend yield is 7%. For more information, get Portfolio Grader’s complete analysis of SDRL stock[3].

Geospace Technologies Corp. (NASDAQ:GEOS[4]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Shares of GEOS have increased 17% over the past month, better than the 4.4% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of GEOS stock[5].

This week, Diamond Offshore Drilling (NYSE:DO[6]) pushes up from a C to a B rating. Diamond Offshore Drilling is a global offshore oil and gas drilling contractor. For more information, get Portfolio Grader’s complete analysis of DO stock[7].

This week, Exterran Holdings’ (NYSE:EXH[8]) ratings are up from a B last week to a A. Exterran Holdings provides natural gas compression services as well as provides service, fabrication and equipment for oil and natural gas production, processing and transportation applications. Wall Street seems to agree with the upgrade and has propelled the stock up 8.4% over the past month. For more information, get Portfolio Grader’s complete analysis of EXH stock[9].

Willbros Group (NYSE:WG[10]) gets a higher grade this week, advancing from a C last week to a B. Willbros Group provides engineering and construction services to the oil, gas, refinery, petrochemical and power industries with a focus on infrastructure such as oil and gas pipeline systems, electric transmission and distribution services and refinery downstream markets. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 15.8% over the past month. For more information, get Portfolio Grader’s complete analysis of WG stock[11].

RigNet Inc. (NASDAQ:RNET[12]) shows solid improvement this week. The company’s rating rises from a C to a B. RigNet is a data network infrastructure provider serving the remote communications needs of the oil and gas industry. Investors have pushed the stock price up 11.4% over the past month. For more information, get Portfolio Grader’s complete analysis of RNET stock[13].

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[14].

Source URL: https://investorplace.com/2012/12/6-energy-services-stocks-to-buy-now-sdrl-geos-do/

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