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 Corporation’s (NYSE:UNT) rating falls this week to an F (“strong sell”), down from last week’s 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 has a trailing PE Ratio of 25.40. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton Company’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.
Newpark Resources, Inc.’s (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 Corporation (NYSE:IO) declines this week from a C to a D. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. The stock price has dropped 27.4% 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 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. For more information, get Portfolio Grader’s complete analysis of NBR stock.
GulfMark Offshore, Inc. Class A (NYSE:GLF) is having a tough week. The company’s rating falls from a D to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock currently has a trailing PE Ratio of 61.30. 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.