The overall ratings of six Energy Services stocks are down on Portfolio Grader this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corp. (NYSE:UNT) earns an F (“strong sell”) this week, moving down from last week’s grade of 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. Shares of the stock have been exchanging at an usually rapid pace, twice the rate of the week prior. The trailing PE Ratio for the stock is 209.00. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton’s (NYSE:HAL) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. 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.
This is a rough week for Newpark Resources (NYSE:NR). The company’s rating falls to D from the previous week’s 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) slips from a C to a D. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. To get an in-depth look at IO, get Portfolio Grader’s complete analysis of IO stock.
This week, Nabors Industries (NYSE:NBR) drops from a D to an F rating. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. At $15.09, the stock is under the 50-day moving average of $15.98. The stock currently has a trailing PE Ratio of 36.30. For a full analysis of NBR stock, visit Portfolio Grader.
Gulfmark Offshore (NYSE:GLF) earns an F this week, falling 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 has a trailing PE Ratio of 53.60. 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.