The overall ratings of eight Energy Services stocks are down on Portfolio Grader this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, SAExploration Holdings, Inc. (NASDAQ:SAEX) falls to a D (“sell”), worse than last week’s grade of C (“hold”). For a full analysis of SAEX stock, visit Portfolio Grader.
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. The stock gets F’s in Earnings Momentum and Cash Flow. For more information, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton Company’s (NYSE:HAL) rating weakens this week, dropping to a D versus last week’s C. 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.
This week, Nuverra Environmental Solutions, Inc. (NYSE:NES) drops from a D to an F rating. The stock gets F’s in Earnings Growth, Earnings Revisions, and Margin Growth. The stock price has dropped 15.1% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. As of Sept. 5, 2013, 15.3% of outstanding Nuverra Environmental Solutions, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of NES stock.
This week, Newpark Resources, Inc.’s (NYSE:NR) rating worsens to a D from the company’s C rating a week ago. 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.
ION Geophysical Corporation (NYSE:IO) gets weaker ratings this week as last week’s C drops 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.
This is a rough week for Nabors Industries (NYSE:NBR). The company’s rating falls to F from the previous 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.
GulfMark Offshore, Inc. Class A (NYSE:GLF) experiences a ratings drop this week, going from last week’s D to an F. 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 58.20. 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.
