6 Energy Services Stocks to Sell Now

by Portfolio Grader | May 23, 2013 11:00 am

6 Energy Services Stocks to Sell Now

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.’s (NYSE:UNT[2]) 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 currently has a trailing PE Ratio of 87.80. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock[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].

Newpark Resources (NYSE:NR[6]) gets weaker ratings this week as last week’s C drops to a D. 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].

ION Geophysical (NYSE:IO[8]) earns a D this week, moving down from last week’s grade of C. 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]) experiences a ratings drop this week, going from last week’s 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 has a trailing PE Ratio of 36.60. For more information, get Portfolio Grader’s complete analysis of NBR stock[11].

Gulfmark Offshore (NYSE:GLF[12]) 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 rates an F in Earnings Surprise. The trailing PE Ratio for the stock is 46.90. For a full analysis of GLF stock, visit Portfolio Grader[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. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock: 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. For more information, 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 a full analysis of NR stock, visit Portfolio Grader: 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. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock: 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. For more information, 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 a full analysis of GLF stock, visit Portfolio Grader: 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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