6 Energy Services Stocks to Sell Now

by Portfolio Grader | October 3, 2013 1:00 pm

6 Energy Services Stocks to Sell Now

For the current week, the overall ratings of six Energy Services stocks are worse, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corporation (NYSE:UNT[2]) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a 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 currently 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[3].

Halliburton Company’s (NYSE:HAL[4]) 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 a full analysis of HAL stock, visit Portfolio Grader[5].

Newpark Resources, Inc. (NYSE:NR[6]) experiences a ratings drop this week, going from last week’s C to a D. 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[7].

ION Geophysical Corporation (NYSE:IO[8]) earns a D this week, falling from last week’s grade of C. 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[9].

This week, Nabors Industries’ (NYSE:NBR[10]) rating worsens to an F from the company’s D rating a week ago. 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[11].

This week, GulfMark Offshore, Inc. Class A (NYSE:GLF[12]) drops from a D to an F rating. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock’s trailing PE Ratio is 64.40. For more information, get Portfolio Grader’s complete analysis of GLF stock[13].

Louis Navellier’s proprietary Portfolio Grader[14] 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[15].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. UNT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNT
  3. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UNT
  4. HAL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HAL
  5. For a full analysis of HAL stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HAL
  6. NR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  7. For more information, get Portfolio Grader’s complete analysis of NR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NR
  8. IO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IO
  9. For a full analysis of IO stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IO
  10. NBR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  11. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  12. GLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  13. For more information, get Portfolio Grader’s complete analysis of GLF stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  14. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  15. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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