by Portfolio Grader | October 4, 2013 11:45 am
The overall ratings of 17 Oil and Gas stocks are down on Portfolio Grader[1] this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Pacific Coast Oil Trust Units of Beneficial Interest (NYSE:ROYT[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. ROYT also rates an F in Portfolio Grader’s specific subcategory of Earnings Surprise. The stock price has fallen 13.6% 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 ROYT stock, visit Portfolio Grader[3].
The rating of PDC Energy (NASDAQ:PETD[4]) slips from a C to a D. PDC is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. The stock gets F’s in Earnings Revisions and Cash Flow. As of Oct. 4, 2013, 17.5% of outstanding PDC Energy shares were held short. To get an in-depth look at PETD, get Portfolio Grader’s complete analysis of PETD stock[5].
The rating of EOG Resources, Inc. (NYSE:EOG[6]) declines this week from a C to a D. 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 has a trailing PE Ratio of 46.80. For more information, get Portfolio Grader’s complete analysis of EOG stock[7].
Suncor Energy’s (NYSE:SU[8]) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). Suncor Energy is an integrated energy company in Canada. The stock gets F’s in Earnings Momentum and Earnings Surprise. To get an in-depth look at SU, get Portfolio Grader’s complete analysis of SU stock[9].
This is a rough week for Enbridge Energy Partners, L.P. Class A (NYSE:EEP[10]). The company’s rating falls to F from the previous 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 receives 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 27.90. For more information, get Portfolio Grader’s complete analysis of EEP stock[11].
PVR Partners, L.P. (NYSE:PVR[12]) experiences a ratings drop this week, going from last week’s 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. For a full analysis of PVR stock, visit Portfolio Grader[13].
Green Plains Renewable Energy, Inc. (NASDAQ:GPRE[14]) gets weaker ratings this week as last week’s C drops to a D. Green Plains Renewable Energy, Inc. was formed in June 2004 to construct and operate dry mill, fuel-grade ethanol production facilities. Ethanol is a renewable, environmentally clean fuel source that is produced at numerous facilities in the United States, mostly in the Midwest. The stock gets F’s in Earnings Growth, Earnings Revisions, and Margin Growth. As of Oct. 4, 2013, 10.8% 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[15].
This week, Chevron Corporation (NYSE:CVX[16]) drops from a C to a D rating. Chevron gives management and technological support to international subsidiaries that operate petroleum, chemicals, mining, power generation, and energy services. The stock also rates an F in Sales Growth. For more information, get Portfolio Grader’s complete analysis of CVX stock[17].
ONEOK Partners, L.P. (NYSE:OKS[18]) earns a D this week, falling from last week’s grade of C. 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. For a full analysis of OKS stock, visit Portfolio Grader[19].
Slipping from a D to an F rating, Continental Resources, Inc. (NYSE:CLR[20]) takes a hit this week. Continental Resources explores for, develops, and produces oil and natural gas properties in the United States. The stock receives F’s in Earnings Growth, Earnings Momentum, Cash Flow, and Sales Growth. The stock has a trailing PE Ratio of 27.10. For more information, get Portfolio Grader’s complete analysis of CLR stock[21].
Teekay Corporation (NYSE:TK[22]) earns a D this week, moving down from last week’s grade of C. Teekay is a provider of international crude oil and petroleum product transportation services. The stock gets 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[23].
This week, Frontline’s (NYSE:FRO[24]) rating worsens to an F from the company’s D rating a week ago. Frontline owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The stock gets F’s in Earnings Revisions, Equity, Cash Flow, and Sales Growth. As of Oct. 4, 2013, 12.6% of outstanding Frontline shares were held short. For a full analysis of FRO stock, visit Portfolio Grader[25].
Endeavour International Corporation’s (NYSE:END[26]) rating weakens this week, dropping to an F versus last week’s D. 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. 4, 2013, 20.7% of outstanding Endeavour International Corporation shares were held short. To get an in-depth look at END, get Portfolio Grader’s complete analysis of END stock[27].
North European Oil Royalty Trust (NYSE:NRT[28]) 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 gets an F in Sales Growth. For more information, get Portfolio Grader’s complete analysis of NRT stock[29].
This week, SandRidge Energy, Inc. (NYSE:SD[30]) drops from a D to an F rating. SandRidge Energy explores and produces natural gas and crude oil. The stock receives F’s in Earnings Growth, Earnings Momentum, and Equity. Cash Flow and Margin Growth also get F’s. As of Oct. 4, 2013, 10.9% of outstanding SandRidge Energy, Inc. shares were held short. For a full analysis of SD stock, visit Portfolio Grader[31].
The rating of Gevo (NASDAQ:GEVO[32]) slips from a D to an F. Gevo operates as a technology development company for biobutanol. The stock gets F’s in Equity, Cash Flow, and Sales Growth. As of Oct. 4, 2013, 16.7% of outstanding Gevo shares were held short. For more information, get Portfolio Grader’s complete analysis of GEVO stock[33].
Teekay Offshore Partners L.P. (NYSE:TOO[34]) earns a D this week, falling from last week’s grade of C. Teekay Offshore Partners LP provides marine transportation and storage services to the offshore oil industry. The stock also gets an F in Sales Growth. For a full analysis of TOO stock, visit Portfolio Grader[35].
Louis Navellier’s proprietary Portfolio Grader[36] 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[37].
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