The ratings of six Energy Services stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corporation (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. The stock’s trailing PE Ratio is 25.40. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock.
This week, Halliburton Company (NYSE:HAL) falls to a D (“sell”), worse than last week’s grade of C (“hold”). 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, Inc. (NYSE:NR) earns a D this week, falling from last week’s grade of C. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. For more information, get Portfolio Grader’s complete analysis of NR stock.
This week, ION Geophysical Corporation’s (NYSE:IO) rating worsens to a D from the company’s C rating a week ago. 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.
Nabors Industries’ (NYSE:NBR) rating weakens this week, dropping to an F versus last week’s D. 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.
This is a rough week for GulfMark Offshore, Inc. Class A (NYSE:GLF). The company’s rating falls to F from the previous week’s D. 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 62.30. 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.