7 Energy Services Stocks to Sell Now

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This week, the ratings of seven 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’s trailing PE Ratio is 201.70. For a full analysis of UNT stock, visit Portfolio Grader.

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. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock.

SAExploration Holdings Inc. (NASDAQ:SAEX) experiences a ratings drop this week, going from last week’s C to a D. For more information, get Portfolio Grader’s complete analysis of SAEX stock.

Newpark Resources’ (NYSE:NR) rating weakens this week, dropping to a D versus last week’s C. 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 a full analysis of IO stock, visit Portfolio Grader.

Slipping from a D to an F rating, Nabors Industries (NYSE:NBR) takes a hit this week. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. The stock price has fallen 9.5% 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 35.40. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock.

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 trailing PE Ratio for the stock is 52.20. For a full analysis of GLF stock, visit Portfolio Grader.

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/2013/07/7-energy-services-stocks-to-sell-now-unt-hal-saex/.

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