This week, the overall grades of six Energy Services stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corp. (NYSE:UNT) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Unit is a contract drilling company that engages in land drilling of natural gas and oil wells. In Portfolio Grader’s specific subcategories of Earnings Momentum and Cash Flow, UNT also gets F’s. The stock has a trailing PE Ratio of 97.10. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton (NYSE:HAL) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. For a full analysis of HAL stock, visit Portfolio Grader.
Newpark Resources (NYSE:NR) is having a tough week. The company’s rating falls from C to a D. 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.
ION Geophysical (NYSE:IO) earns a D this week, falling from last week’s grade of C. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. For a full analysis of IO stock, visit Portfolio Grader.
The rating of Nabors Industries (NYSE:NBR) declines this week 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 currently has a trailing PE Ratio of 30.80. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock.
This is a rough week for Gulfmark Offshore (NYSE:GLF). The company’s rating falls to F from the previous week’s D. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock’s trailing PE Ratio is 53.80. For more information, get Portfolio Grader’s complete analysis of GLF 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.