6 Energy Services Stocks to Sell Now

by Portfolio Grader | March 7, 2013 12:00 pm

The overall ratings of six Energy Services stocks are down on Portfolio Grader[1] this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corp.’s (NYSE:UNT[2]) rating falls this week to an F (“strong sell”), down from last week’s 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 price has dropped 8.4% over the past month, worse than the 2% increase the S&P 500 has seen over the same period of time. The stock currently has a trailing PE Ratio of 92.20. For more information, get Portfolio Grader’s complete analysis of UNT stock[3].

Halliburton (NYSE:HAL[4]) 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[5].

This week, Newpark Resources’ (NYSE:NR[6]) rating worsens to a D from the company’s C rating a week ago. 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[7].

This week, ION Geophysical (NYSE:IO[8]) drops from C to a D rating. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. Share prices fell 8% over the past month. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock[9].

Nabors Industries’ (NYSE:NBR[10]) rating weakens this week, dropping to an F versus last week’s D. 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 28.30. For a full analysis of NBR stock, visit Portfolio Grader[11].

Gulfmark Offshore (NYSE:GLF[12]) gets weaker ratings this week as last week’s D drops to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also rates an F in Earnings Surprise. The stock price has fallen 8.5% over the past month. To get an in-depth look at GLF, get Portfolio Grader’s complete analysis of GLF stock[13].

Louis Navellier’s proprietary Portfolio Grader[14] 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[15].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. UNT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNT
  3. For more information, get Portfolio Grader’s complete analysis of UNT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNT
  4. HAL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HAL
  5. For a full analysis of HAL stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HAL
  6. NR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  7. For more information, get Portfolio Grader’s complete analysis of NR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  8. IO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IO
  9. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IO
  10. NBR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  11. For a full analysis of NBR stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  12. GLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  13. To get an in-depth look at GLF, get Portfolio Grader’s complete analysis of GLF stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  14. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  15. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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