by Portfolio Grader | April 26, 2013 9:00 am
This week, the ratings of six Energy Services stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corp.’s (NYSE:UNT) 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 fallen 8.9% over the past month, worse than the 1% increase the S&P 500 has seen over the same period of time. The trailing PE Ratio for the stock is 85.70. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock.
This week, Halliburton (NYSE:HAL) 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. For more information, get Portfolio Grader’s complete analysis of HAL stock.
This week, Newpark Resources (NYSE:NR) drops from a C to a D rating. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. Share prices fell 8.4% over the past month. For a full analysis of NR stock, visit Portfolio Grader.
ION Geophysical (NYSE:IO) experiences a ratings drop this week, going from last week’s C to a D. 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 8.5% over the past month. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock.
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 price has fallen 5.4% over the past month. The stock currently has a trailing PE Ratio of 26.20. For more information, get Portfolio Grader’s complete analysis of NBR stock.
Gulfmark Offshore (NYSE:GLF) is having a tough week. The company’s rating falls 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 has a trailing PE Ratio of 50.40. For a full analysis of GLF stock, visit Portfolio Grader.
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.
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