The ratings of six Energy Services stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corporation (NYSE:UNT) 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. 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 32.10. For a full analysis of UNT stock, visit Portfolio Grader.
This week, Halliburton Company (NYSE:HAL) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The trailing PE Ratio for the stock is 25.30. For more information, get Portfolio Grader’s complete analysis of HAL stock.
Newpark Resources, Inc. (NYSE:NR) earns a D this week, moving down from last week’s grade of C. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. The stock price has dropped 5.4% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock.
ION Geophysical Corporation (NYSE:IO) gets weaker ratings this week as last week’s C drops to a D. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. For more information, get Portfolio Grader’s complete analysis of IO stock.
Nabors Industries (NYSE:NBR) earns an F this week, falling from last week’s grade of 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 285.10. For a full analysis of NBR stock, visit Portfolio Grader.
GulfMark Offshore, Inc. Class A (NYSE:GLF) is having a tough week. The company’s rating falls from a D to an F. 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 33.60. For more information, get Portfolio Grader’s complete analysis of GLF stock.
Louis Navellier’s proprietary Portfolio Grader 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.
