For the current week, the overall ratings of six Energy Services stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corp. (NYSE:UNT) 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 trailing PE Ratio for the stock is 87.80. For more information, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton (NYSE:HAL) 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.
Slipping from a C to a D rating, Newpark Resources (NYSE:NR) 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.
ION Geophysical’s (NYSE:IO) 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. The stock price has dropped 12.1% over the past month, worse than the 2.8% increase the S&P 500 has seen over the same period of time. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock.
Nabors Industries (NYSE:NBR) 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 36.60. For more information, get Portfolio Grader’s complete analysis of NBR stock.
Gulfmark Offshore (NYSE:GLF) experiences a ratings drop this week, going from last week’s 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’s trailing PE Ratio is 46.90. 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.