6 Energy Services Stocks to Sell Now

by Portfolio Grader | August 15, 2013 10:30 am

This week, the overall grades of six Energy Services stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corporation (NYSE:UNT[2]) 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. The stock’s trailing PE Ratio is 25.50. For more information, get Portfolio Grader’s complete analysis of UNT stock[3].

Halliburton Company (NYSE:HAL[4]) 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[5].

Newpark Resources, Inc. (NYSE:NR[6]) 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. The stock price has fallen 6.7% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. For a full analysis of NR stock, visit Portfolio Grader[7].

Slipping from a C to a D rating, ION Geophysical Corporation (NYSE:IO[8]) takes a hit this week. 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]) 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. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[11].

The rating of GulfMark Offshore, Inc. Class A (NYSE:GLF[12]) declines this week from a D to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also rates an F in Earnings Surprise. The trailing PE Ratio for the stock is 62.00. For a full analysis of GLF stock, visit Portfolio Grader[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].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. UNT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNT
  3. For more information, get Portfolio Grader’s complete analysis of UNT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNT
  4. HAL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HAL
  5. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HAL
  6. NR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  7. For a full analysis of NR stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  8. IO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IO
  9. For more information, get Portfolio Grader’s complete analysis of IO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IO
  10. NBR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  11. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  12. GLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  13. For a full analysis of GLF stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  14. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  15. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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