4 Energy Services Stocks to Sell Now

by Portfolio Grader | February 21, 2013 12:00 pm

The ratings of four 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”).

Hornbeck Offshore Services (NYSE:HOS[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Hornbeck Offshore Services provides marine transportation services to the offshore oil and gas industry. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Revisions, HOS also gets F’s. The stock’s trailing PE Ratio is 42.70. To get an in-depth look at HOS, get Portfolio Grader’s complete analysis of HOS stock[3].

Global Geophysical Services (NYSE:GGS[4]) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Global Geophysical Services provides worldwide land, transition zone and shallow marine seismic data acquisition services. The stock gets F’s in Earnings Momentum, Cash Flow, and Sales Growth. For a full analysis of GGS stock, visit Portfolio Grader[5].

Ocean Rig UDW Inc. (NASDAQ:ORIG[6]) earns a D this week, moving down from last week’s grade of C. Ocean Rig UDW, Inc. engages in the provision of oilfields services. The company is an offshore drilling contractor that mainly engages in offshore oil and gas exploration, development, and production drilling. Its operations are carried out through the Offshore Drilling Operations segment. The compa… The stock receives F’s in Earnings Growth, Earnings Revisions, Earnings Surprise, and Margin Growth. The trailing PE Ratio for the stock is 108.00. For more information, get Portfolio Grader’s complete analysis of ORIG stock[7].

This week, Tesco’s (NASDAQ:TESO[8]) rating worsens to a D from the company’s C rating a week ago. Tesco designs, manufactures, and delivers technology-based solutions for the upstream energy industry. The stock gets F’s in Earnings Momentum and Earnings Surprise. To get an in-depth look at TESO, get Portfolio Grader’s complete analysis of TESO stock[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

Source URL: https://investorplace.com/2013/02/4-energy-services-stocks-to-sell-now-hos-ggs-orig/

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