6 Energy Services Stocks to Sell Now

by Portfolio Grader | June 27, 2013 5:00 pm

6 Energy Services Stocks to Sell Now

This week, the overall grades of six Energy Services stocks are lower, 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 price has dropped 6.9% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. The stock has a trailing PE Ratio of 195.50. For a full analysis of UNT stock, visit Portfolio Grader[3].

Halliburton (NYSE:HAL[4]) 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[5].

Newpark Resources (NYSE:NR[6]) 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 more information, get Portfolio Grader’s complete analysis of NR stock[7].

ION Geophysical (NYSE:IO[8]) gets weaker ratings this week as last week’s C drops to a D. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. The stock price has fallen 7.2% over the past month. For a full analysis of IO stock, visit Portfolio Grader[9].

The rating of Nabors Industries (NYSE:NBR[10]) declines this week 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 stock’s trailing PE Ratio is 36.80. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[11].

Gulfmark Offshore (NYSE:GLF[12]) 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. Share prices fell 6.5% over the past month. The trailing PE Ratio for the stock is 46.30. For more information, get Portfolio Grader’s complete analysis of GLF stock[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 a full analysis of UNT stock, visit Portfolio Grader: 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. To get an in-depth look at HAL, 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 more information, 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 a full analysis of IO stock, visit Portfolio Grader: 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 more information, get Portfolio Grader’s complete analysis of GLF stock: 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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