by Portfolio Grader | October 11, 2013 11:00 am
This week, the ratings of 16 Oil and Gas stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
PDC Energy (NASDAQ:PETD[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. PDC is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. In Portfolio Grader’s specific subcategories of Earnings Revisions and Cash Flow, PETD also gets F’s. As of Oct. 11, 2013, 17.3% of outstanding PDC Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of PETD stock[3].
EOG Resources, Inc. (NYSE:EOG[4]) earns a D this week, falling from last week’s grade of C. EOG Resources is in the business of the exploration, development, production, and marketing of natural gas and crude oil. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. The stock currently has a trailing PE Ratio of 72.40. For a full analysis of EOG stock, visit Portfolio Grader[5].
Suncor Energy (NYSE:SU[6]) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Suncor Energy is an integrated energy company in Canada. The stock gets F’s in Earnings Momentum and Earnings Surprise. The stock’s trailing PE Ratio is 45.50. To get an in-depth look at SU, get Portfolio Grader’s complete analysis of SU stock[7].
Enbridge Energy Partners, L.P. Class A’s (NYSE:EEP[8]) rating weakens this week, dropping to an F versus last week’s D. Enbridge Energy Partners transports crude oil and natural gas liquids to refineries in the midwestern United States and eastern Canada. The stock gets F’s in Earnings Growth, Earnings Revisions, and Earnings Surprise. Cash Flow and Sales Growth also get F’s. The trailing PE Ratio for the stock is 27.20. For more information, get Portfolio Grader’s complete analysis of EEP stock[9].
PVR Partners, L.P. (NYSE:PVR[10]) is having a tough week. The company’s rating falls from a C to a D. Penn Virginia Resource Partners owns and operates a network of natural gas pipelines and processing plants which provide gathering, transportation, compression, processing, dehydration and related services to natural gas producers. The stock gets F’s in Earnings Growth, Earnings Revisions, and Equity. Cash Flow, Margin Growth, and Sales Growth also get F’s. For a full analysis of PVR stock, visit Portfolio Grader[11].
Green Plains Renewable Energy, Inc. (NASDAQ:GPRE[12]) gets weaker ratings this week as last week’s C drops to a D. Green Plains Renewable Energy constructs and operates dry mill, fuel-grade ethanol production facilities. The stock gets F’s in Earnings Growth, Earnings Revisions, and Margin Growth. As of Oct. 11, 2013, 14.3% of outstanding Green Plains Renewable Energy, Inc. shares were held short. To get an in-depth look at GPRE, get Portfolio Grader’s complete analysis of GPRE stock[13].
Slipping from a C to a D rating, Chevron Corporation (NYSE:CVX[14]) takes a hit this week. Chevron gives management and technological support to international subsidiaries that operate petroleum, chemicals, mining, power generation, and energy services. The stock also gets an F in Sales Growth. The stock price has fallen 6.5% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of CVX stock[15].
ONEOK Partners, L.P. (NYSE:OKS[16]) experiences a ratings drop this week, going from last week’s C to a D. ONEOK Partners is engaged in the gathering, processing, storage, and transportation of natural gas in the United States. The stock also gets an F in Sales Growth. The stock’s trailing PE Ratio is 30.30. To get an in-depth look at OKS, get Portfolio Grader’s complete analysis of OKS stock[17].
This week, Continental Resources, Inc.’s (NYSE:CLR[18]) rating worsens to an F from the company’s D rating a week ago. Continental Resources explores for, develops, and produces oil and natural gas properties in the United States. The stock gets F’s in Earnings Growth, Earnings Momentum, Cash Flow, and Sales Growth. The stock has a trailing PE Ratio of 28.80. For a full analysis of CLR stock, visit Portfolio Grader[19].
This is a rough week for Teekay Corporation (NYSE:TK[20]). The company’s rating falls to D from the previous week’s C. Teekay is a provider of international crude oil and petroleum product transportation services. The stock receives F’s in Earnings Momentum, Earnings Revisions, and Earnings Surprise. Equity and Cash Flow also get F’s. To get an in-depth look at TK, get Portfolio Grader’s complete analysis of TK stock[21].
Frontline (NYSE:FRO[22]) earns an F this week, moving down from last week’s grade of D. Frontline owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The stock receives F’s in Earnings Revisions, Equity, Cash Flow, and Sales Growth. As of Oct. 11, 2013, 13% of outstanding Frontline shares were held short. For more information, get Portfolio Grader’s complete analysis of FRO stock[23].
The rating of Endeavour International Corporation (NYSE:END[24]) slips from a D to an F. Endeavour International is an international oil and gas exploration and production company that acquires, explores, and develops energy reserves. The stock gets F’s in Equity and Cash Flow. As of Oct. 11, 2013, 19.2% of outstanding Endeavour International Corporation shares were held short. For a full analysis of END stock, visit Portfolio Grader[25].
North European Oil Royalty Trust (NYSE:NRT[26]) is having a tough week. The company’s rating falls from a D to an F. North European Oil Royalty Trust is involved in gas and oil production. It holds overriding royalty rights in certain concessions or leases in the Federal Republic of Germany. The stock also rates an F in Sales Growth. To get an in-depth look at NRT, get Portfolio Grader’s complete analysis of NRT stock[27].
This is a rough week for SandRidge Energy, Inc. (NYSE:SD[28]). The company’s rating falls to F from the previous week’s D. SandRidge Energy explores and produces natural gas and crude oil. The stock gets F’s in Earnings Growth, Earnings Momentum, and Equity. Cash Flow and Margin Growth also get F’s. For more information, get Portfolio Grader’s complete analysis of SD stock[29].
Gevo (NASDAQ:GEVO[30]) earns an F this week, falling from last week’s grade of D. Gevo operates as a technology development company for biobutanol. The stock gets F’s in Equity, Cash Flow, and Sales Growth. As of Oct. 11, 2013, 16.7% of outstanding Gevo shares were held short. For a full analysis of GEVO stock, visit Portfolio Grader[31].
Teekay Offshore Partners L.P. (NYSE:TOO[32]) experiences a ratings drop this week, going from last week’s C to a D. Teekay Offshore Partners LP provides marine transportation and storage services to the offshore oil industry. The stock also gets an F in Sales Growth. To get an in-depth look at TOO, get Portfolio Grader’s complete analysis of TOO stock[33].
Louis Navellier’s proprietary Portfolio Grader[34] 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[35].
Source URL: https://investorplace.com/2013/10/16-oil-and-gas-stocks-to-sell-now-petd-eog-su-23/
Copyright ©2024 InvestorPlace unless otherwise noted.