6 Energy Services Stocks to Sell Now

by Portfolio Grader | April 11, 2013 2:00 pm

This week, the ratings of six Energy Services stocks on Portfolio Grader[1] are down. 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’s trailing PE Ratio is 88.20. For a full analysis of UNT stock, visit Portfolio Grader[3].

This week, Halliburton (NYSE:HAL[4]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The stock price has dropped 6.5% over the past month, worse than the 2.3% increase the S&P 500 has seen over the same period of time. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock[5].

Newpark Resources (NYSE:NR[6]) experiences a ratings drop this week, going from last week’s 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[7].

ION Geophysical’s (NYSE:IO[8]) rating weakens this week, dropping to a D versus last week’s C. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. Wall Street appears to agree with the stock downgrade, with share prices dropping 5.4% over the past month. For a full analysis of IO stock, visit Portfolio Grader[9].

Slipping from a D to an F rating, Nabors Industries (NYSE:NBR[10]) takes a hit this week. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. The trailing PE Ratio for the stock is 28.90. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[11].

The rating of Gulfmark Offshore (NYSE:GLF[12]) declines this week from a D to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock currently has a trailing PE Ratio of 50.80. For more information, 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 a full analysis of UNT stock, visit Portfolio Grader: 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. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock: 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. For a full analysis of IO stock, visit Portfolio Grader: 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. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock: 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. For more information, 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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