by Portfolio Grader | November 28, 2013 12:00 pm
This week, the ratings of six energy services stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Unit Corporation (UNT) 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 price has dropped 5.8% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. The stock has a trailing PE Ratio of 30.90. To get an in-depth look at UNT, get Portfolio Grader’s complete analysis of UNT stock.
Halliburton Company (HAL) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. 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.
Newpark Resources, Inc. (NR) is having a tough week. The company’s rating falls 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. Investors seem to agree with the downgrade and have pushed down the share price 8.3% over the past month. For more information, get Portfolio Grader’s complete analysis of NR stock.
ION Geophysical Corporation (IO) 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. Share prices fell 20.2% over the past month. For a full analysis of IO stock, visit Portfolio Grader.
Nabors Industries (NBR) experiences a ratings drop this week, going from last week’s D to an F. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. At $16.65, the stock is under the 50-day moving average of $17.15. The stock’s trailing PE Ratio is 264.20. For more information, get Portfolio Grader’s complete analysis of NBR stock.
GulfMark Offshore, Inc. Class A (GLF) gets weaker ratings this week as last week’s D drops to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. At $49.19, the stock is below the 50-day moving average of $50.76. The stock currently has a trailing PE Ratio of 32.30. To get an in-depth look at GLF, 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.
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