6 Energy Services Stocks to Sell Now

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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) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a 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. 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.

Newpark Resources (NYSE:NR) earns a D this week, falling from last week’s grade of C. 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.

The rating of ION Geophysical (NYSE:IO) declines this week from a C to a D. 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.

Nabors Industries (NYSE:NBR) is having a tough week. The company’s rating falls 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 trailing PE Ratio for the stock is 36.60. To get an in-depth look at NBR, 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 rates an F in Earnings Surprise. The stock’s trailing PE Ratio is 46.90. For more information, get Portfolio Grader’s complete analysis of GLF stock.

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.


Article printed from InvestorPlace Media, https://investorplace.com/2013/06/6-energy-services-stocks-to-sell-now-unt-hal-nr-15/.

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