6 Energy Services Stocks to Sell Now

by Portfolio Grader | April 4, 2013 10:00 am

The ratings of six 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”).

Unit Corp. (NYSE:UNT[2]) 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 currently has a trailing PE Ratio of 94.10. For a full analysis of UNT stock, visit Portfolio Grader[3].

Halliburton’s (NYSE:HAL[4]) 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. For more information, get Portfolio Grader’s complete analysis of HAL stock[5].

The rating of Newpark Resources (NYSE:NR[6]) declines this week 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. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock[7].

ION Geophysical (NYSE:IO[8]) gets weaker ratings this week as last week’s C drops to a D. 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[9].

This week, Nabors Industries (NYSE:NBR[10]) drops from a D to an F rating. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. The stock’s trailing PE Ratio is 28.00. For more information, get Portfolio Grader’s complete analysis of NBR stock[11].

This week, Gulfmark Offshore’s (NYSE:GLF[12]) rating worsens to an F from the company’s D rating a week ago. GulfMark Offshore provides marine support services to the energy industry. The stock also rates an F in Earnings Surprise. The stock has a trailing PE Ratio of 54.40. 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].

Source URL: https://investorplace.com/2013/04/6-energy-services-stocks-to-sell-now-unt-hal-nr-5/

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