6 Energy Services Stocks to Sell Now

by Portfolio Grader | October 17, 2013 10:45 am

6 Energy Services Stocks to Sell Now

The overall ratings of six Energy Services stocks are down on Portfolio Grader[1] this week. 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 56.80. For a full analysis of UNT stock, visit Portfolio Grader[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. The stock has a trailing PE Ratio of 37.30. For more information, get Portfolio Grader’s complete analysis of HAL stock[5].

Newpark Resources, Inc. (NYSE:NR[6]) gets weaker ratings this week as last week’s C drops to a D. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. The stock’s trailing PE Ratio is 28.10. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock[7].

This is a rough week for ION Geophysical Corporation (NYSE:IO[8]). The company’s rating falls to D from the previous week’s C. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. The stock price has dropped 10.1% 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 IO stock[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. The trailing PE Ratio for the stock is 42.50. For a full analysis of NBR stock, visit Portfolio Grader[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 has a trailing PE Ratio of 175.10. 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. For a full analysis of UNT stock, visit Portfolio Grader: 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 more information, get Portfolio Grader’s complete analysis of HAL stock: 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. To get an in-depth look at NR, 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 more information, get Portfolio Grader’s complete analysis of IO stock: 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. For a full analysis of NBR stock, visit Portfolio Grader: 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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