6 Energy Services Stocks to Sell Now

by Portfolio Grader | April 18, 2013 9:00 am

This week, the overall grades of six Energy Services stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corp. (NYSE:UNT[2]) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a 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 fallen 7.8% over the past month, worse than the S&P 500, which has remained flat over the same period of time. The stock’s trailing PE Ratio is 88.00. 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. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock[5].

Slipping from a C to a D rating, Newpark Resources (NYSE:NR[6]) takes a hit this week. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. For a full analysis of NR stock, visit Portfolio Grader[7].

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

Nabors Industries (NYSE:NBR[10]) gets weaker ratings this week as last week’s D drops 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 26.90. For a full analysis of NBR stock, visit Portfolio Grader[11].

This week, Gulfmark Offshore (NYSE:GLF[12]) drops from a D to an F rating. GulfMark Offshore provides marine support services to the energy industry. The stock also rates an F in Earnings Surprise. The trailing PE Ratio for the stock is 52.20. 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].

Source URL: https://investorplace.com/2013/04/6-energy-services-stocks-to-sell-now-unt-hal-nr-7/

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