6 Energy Services Stocks to Sell Now

by Portfolio Grader | July 4, 2013 3:00 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]) 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. At $43.44, the stock is under the 50-day moving average of $44.19. The trailing PE Ratio for the stock is 198.80. 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].

The rating of Newpark Resources (NYSE:NR[6]) slips 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. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock[7].

ION Geophysical (NYSE:IO[8]) experiences a ratings drop this week, going from last week’s 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[9].

This week, Nabors Industries’ (NYSE:NBR[10]) rating worsens to an F from the company’s D rating a week ago. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. At $15.78, the stock is below the 50-day moving average of $15.93. The stock’s trailing PE Ratio is 37.20. For a full analysis of NBR stock, visit Portfolio Grader[11].

Gulfmark Offshore (NYSE:GLF[12]) gets weaker ratings this week as last week’s D drops to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock has a trailing PE Ratio of 49.40. To get an in-depth look at GLF, 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].

Source URL: https://investorplace.com/2013/07/6-energy-services-stocks-to-sell-now-unt-hal-nr-18/

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