6 Energy Services Stocks to Sell Now

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This week, the ratings of six Energy Services stocks on Portfolio Grader are down. 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 currently has a trailing PE Ratio of 198.50. For more information, get Portfolio Grader’s complete analysis of UNT stock.

Halliburton (NYSE:HAL) 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. For a full analysis of HAL stock, visit Portfolio Grader.

Newpark Resources (NYSE:NR) experiences a ratings drop this week, going from last week’s 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.

The rating of ION Geophysical (NYSE:IO) slips 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) earns an F this week, falling from last week’s grade of D. 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 37.20. For a full analysis of NBR stock, visit Portfolio Grader.

Gulfmark Offshore (NYSE:GLF) earns an F this week, moving down from last week’s grade of D. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock’s trailing PE Ratio is 52.00. To get an in-depth look at GLF, 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/2013/07/6-energy-services-stocks-to-sell-now-unt-hal-nr-19/.

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