The ratings of seven 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”).
SAExploration Holdings, Inc.’s (SAEX) 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 Portfolio Grader’s specific subcategory of Earnings Revisions, SAEX also gets an F. To get an in-depth look at SAEX, get Portfolio Grader’s complete analysis of SAEX stock.
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. The stock gets F’s in Earnings Momentum and Cash Flow. The stock’s trailing PE Ratio is 31.80. For a full analysis of UNT stock, visit Portfolio Grader.
The rating of Halliburton Company (HAL) slips from a C to a D. Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock.
Newpark Resources, Inc.’s (NR) rating weakens this week, dropping to a D versus last week’s C. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. For more information, get Portfolio Grader’s complete analysis of NR stock.
ION Geophysical Corporation (IO) earns a D this week, moving down from last week’s grade of C. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. For a full analysis of IO stock, visit Portfolio Grader.
This is a rough week for Nabors Industries (NBR). The company’s rating falls to F from the previous 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 279.80. For more information, get Portfolio Grader’s complete analysis of NBR stock.
This week, GulfMark Offshore, Inc. Class A’s (GLF) rating worsens to an F from the company’s D rating a week ago. 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 31.80. 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.