This week, the overall grades of six Energy Services stocks are lower, according to the Portfolio Grader database. 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 has a trailing PE Ratio of 87.80. For more information, 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. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock.
Newpark Resources (NYSE:NR) is having a tough week. The company’s rating falls from a 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 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. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock.
Slipping from a D to an F rating, Nabors Industries (NYSE:NBR) 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 36.60. For more information, get Portfolio Grader’s complete analysis of NBR stock.
Gulfmark Offshore (NYSE:GLF) earns an F this week, moving down from last week’s grade of D. GulfMark Offshore provides marine support services to the energy industry. The stock also rates an F in Earnings Surprise. The stock currently has a trailing PE Ratio of 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.