6 Energy Services Stocks to Sell Now

by Portfolio Grader | December 26, 2013 8:15 am

6 Energy Services Stocks to Sell Now

This week, the ratings of six energy services stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corporation (UNT[2]) 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 has a trailing PE Ratio of 32.60. For a full analysis of UNT stock, visit Portfolio Grader[3].

Halliburton Company (HAL[4]) 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. The stock price has fallen 5.4% 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 HAL stock[5].

Newpark Resources, Inc. (NR[6]) 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. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock[7].

The rating of ION Geophysical Corporation (IO[8]) declines this week from a C 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[9].

Nabors Industries (NBR[10]) 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 trailing PE Ratio for the stock is 274.80. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock[11].

The rating of GulfMark Offshore, Inc. Class A (GLF[12]) slips 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 currently has a trailing PE Ratio of 30.50. For a full analysis of GLF stock, visit Portfolio Grader[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. 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 a full analysis of GLF stock, visit Portfolio Grader: 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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