6 Energy Services Stocks to Sell Now

by Portfolio Grader | May 2, 2013 12:00 pm

This week, the ratings of six Energy Services stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corp. (NYSE:UNT[2]) 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 stock currently has a trailing PE Ratio of 87.80. For more information, get Portfolio Grader’s complete analysis of UNT stock[3].

This week, Halliburton (NYSE:HAL[4]) 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 a full analysis of HAL stock, visit Portfolio Grader[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. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock[7].

ION Geophysical’s (NYSE:IO[8]) 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. For more information, 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 33.70. To get an in-depth look at NBR, 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 stock’s trailing PE Ratio is 57.80. 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. For more information, 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 a full analysis of HAL stock, visit Portfolio Grader: 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. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock: 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. For more information, 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. To get an in-depth look at NBR, 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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