7 Energy Services Stocks to Sell Now

by Portfolio Grader | October 24, 2013 10:00 am

This week, the overall grades of seven Energy Services stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

SAExploration Holdings, Inc.’s (NASDAQ:SAEX[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. SAExploration is a geophysical services company, provides seismic data acquisition services to the oil and gas industry in North and South America, and Southeast Asia. For more information, get Portfolio Grader’s complete analysis of SAEX stock[3].

Unit Corporation (NYSE:UNT[4]) earns an F (“strong sell”) this week, moving down from last week’s grade of 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. The stock has a trailing PE Ratio of 58.60. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock[5].

Halliburton Company (NYSE:HAL[6]) gets weaker ratings this week as last week’s C drops to a D. Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. For more information, get Portfolio Grader’s complete analysis of HAL stock[7].

The rating of Newpark Resources, Inc. (NYSE:NR[8]) slips from a C 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 currently has a trailing PE Ratio of 28.30. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock[9].

This is a rough week for ION Geophysical Corporation (NYSE:IO[10]). 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 fallen 8.8% 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 IO stock, visit Portfolio Grader[11].

Nabors Industries’ (NYSE:NBR[12]) rating weakens this week, dropping to an F versus last 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. The stock has a trailing PE Ratio of 43.10. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[13].

Slipping from a D to an F rating, GulfMark Offshore, Inc. Class A (NYSE:GLF[14]) takes a hit this week. 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 178.40. For more information, get Portfolio Grader’s complete analysis of GLF stock[15].

Louis Navellier’s proprietary Portfolio Grader[16] 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[17].

Source URL: https://investorplace.com/2013/10/7-energy-services-stocks-to-sell-now-saex-unt-hal/

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