For the current week, the overall ratings of six Energy Services stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Gulfmark Offshore (NYSE:GLF) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). GulfMark Offshore provides marine support services to the energy industry. For Portfolio Grader’s specific subcategory of Earnings Surprise, GLF also gets an F. For a full analysis of GLF stock, visit Portfolio Grader.
This week, Unit Corp. (NYSE:UNT) drops from a D to an F rating. Unit is a contract drilling company that engages in land drilling of natural gas and oil wells. The stock gets F’s in Earnings Momentum and Cash Flow. The stock price has fallen 7.6% over the past month, worse than the 0.5% increase the S&P 500 has seen over the same period of time. The stock’s trailing PE Ratio is 95.20. For more information, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton’s (NYSE:HAL) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock.
This is a rough week for Newpark Resources (NYSE:NR). The company’s rating falls to D from the previous week’s C. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. For more information, get Portfolio Grader’s complete analysis of NR stock.
The rating of ION Geophysical (NYSE:IO) declines this week from C to a D. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. Share prices fell 5.9% over the past month. For a full analysis of IO stock, visit Portfolio Grader.
Nabors Industries (NYSE:NBR) is having a tough week. The company’s rating falls from a D to an F. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. The stock has a trailing PE Ratio of 29.20. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR 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.