by Portfolio Grader | July 26, 2013 2:15 pm
This week, the ratings of 16 Oil and Gas stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, PDC Energy (NASDAQ:PETD[2]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). PDC is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. In Portfolio Grader’s specific subcategories of Earnings Revisions and Cash Flow, PETD also gets F’s. As of July 25, 2013, 20.2% of outstanding PDC Energy shares were held short. To get an in-depth look at PETD, get Portfolio Grader’s complete analysis of PETD stock[3].
EOG Resources (NYSE:EOG[4]) is having a tough week. The company’s rating falls from a C to a D. EOG Resources is in the business of the exploration, development, production, and marketing of natural gas and crude oil. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. The stock currently has a trailing PE Ratio of 54.40. For a full analysis of EOG stock, visit Portfolio Grader[5].
Suncor Energy (NYSE:SU[6]) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Suncor Energy is an integrated energy company in Canada. The stock gets F’s in Earnings Momentum and Earnings Surprise. To get an in-depth look at SU, get Portfolio Grader’s complete analysis of SU stock[7].
Enbridge Energy Partners (NYSE:EEP[8]) earns an F this week, falling from last week’s grade of D. Enbridge Energy Partners transports crude oil and natural gas liquids to refineries in the midwestern United States and eastern Canada. The stock receives F’s in Earnings Growth, Earnings Revisions, and Earnings Surprise. Cash Flow and Sales Growth also get F’s. The trailing PE Ratio for the stock is 51.40. For a full analysis of EEP stock, visit Portfolio Grader[9].
PVR Partners L.P. (NYSE:PVR[10]) experiences a ratings drop this week, going from last week’s C to a D. Penn Virginia Resource Partners owns and operates a network of natural gas pipelines and processing plants which provide gathering, transportation, compression, processing, dehydration and related services to natural gas producers. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of PVR stock[11].
This is a rough week for Green Plains Renewable Energy (NASDAQ:GPRE[12]). The company’s rating falls to D from the previous week’s C. Green Plains Renewable Energy engages in the production, marketing, and distribution of ethanol in the United States. The stock gets F’s in Earnings Growth, Earnings Revisions, and Margin Growth. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. To get an in-depth look at GPRE, get Portfolio Grader’s complete analysis of GPRE stock[13].
Chevron (NYSE:CVX[14]) gets weaker ratings this week as last week’s C drops to a D. Chevron gives management and technological support to international subsidiaries that operate petroleum, chemicals, mining, power generation, and energy services. The stock also gets an F in Sales Growth. For a full analysis of CVX stock, visit Portfolio Grader[15].
This is a rough week for ONEOK Partners (NYSE:OKS[16]). The company’s rating falls to D from the previous week’s C. ONEOK Partners is engaged in the gathering, processing, storage, and transportation of natural gas in the United States. The stock also gets an F in Sales Growth. For more information, get Portfolio Grader’s complete analysis of OKS stock[17].
The rating of Continental Resources (NYSE:CLR[18]) declines this week from a D to an F. Continental Resources explores for, develops, and produces oil and natural gas properties in the United States. The stock gets F’s in Earnings Growth, Earnings Momentum, Cash Flow, and Sales Growth. For a full analysis of CLR stock, visit Portfolio Grader[19].
The rating of Teekay Corp. (NYSE:TK[20]) slips from a C to a D. Teekay is a provider of international crude oil and petroleum product transportation services. The stock gets F’s in Earnings Momentum, Earnings Revisions, and Earnings Surprise. Equity and Cash Flow also get F’s. For more information, get Portfolio Grader’s complete analysis of TK stock[21].
Frontline (NYSE:FRO[22]) is having a tough week. The company’s rating falls from a D to an F. Frontline owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The stock receives F’s in Earnings Revisions, Equity, Cash Flow, and Sales Growth. As of July 25, 2013, 12.8% of outstanding Frontline shares were held short. To get an in-depth look at FRO, get Portfolio Grader’s complete analysis of FRO stock[23].
Slipping from a D to an F rating, Endeavour International (NYSE:END[24]) takes a hit this week. Endeavour International is an international oil and gas exploration and production company that acquires, explores, and develops energy reserves. The stock gets F’s in Equity and Cash Flow. As of July 25, 2013, 24.3% of outstanding Endeavour International shares were held short. For a full analysis of END stock, visit Portfolio Grader[25].
North European Oil Royalty Trust (NYSE:NRT[26]) earns an F this week, moving down from last week’s grade of D. North European Oil Royalty Trust is involved in gas and oil production. It holds overriding royalty rights in certain concessions or leases in the Federal Republic of Germany. The stock also gets an F in Sales Growth. For more information, get Portfolio Grader’s complete analysis of NRT stock[27].
This week, SandRidge Energy (NYSE:SD[28]) drops from a D to an F rating. SandRidge Energy explores and produces natural gas and crude oil. The stock receives F’s in Earnings Growth, Earnings Momentum, and Equity. Cash Flow and Margin Growth also get F’s. As of July 25, 2013, 10.1% of outstanding SandRidge Energy shares were held short. To get an in-depth look at SD, get Portfolio Grader’s complete analysis of SD stock[29].
Gevo (NASDAQ:GEVO[30]) gets weaker ratings this week as last week’s D drops to an F. Gevo operates as a technology development company for biobutanol. The stock gets F’s in Equity, Cash Flow, and Sales Growth. At $1.80, the stock is below the 50-day moving average of $1.89. As of July 25, 2013, 19.5% of outstanding Gevo shares were held short. For a full analysis of GEVO stock, visit Portfolio Grader[31].
Teekay Offshore Partners’ (NYSE:TOO[32]) rating weakens this week, dropping to a D versus last week’s C. Teekay Offshore Partners LP provides marine transportation and storage services to the offshore oil industry. The stock also rates an F in Sales Growth. The stock has a trailing PE Ratio of 36.10. To get an in-depth look at TOO, get Portfolio Grader’s complete analysis of TOO stock[33].
Louis Navellier’s proprietary Portfolio Grader[34] 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[35].
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