6 Energy Services Stocks to Sell Now

by Portfolio Grader | January 30, 2014 7:45 pm

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

SAExploration Holdings, Inc. (SAEX[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. 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. In Portfolio Grader’s specific subcategory of Earnings Revisions, SAEX also gets an F. For a full analysis of SAEX stock, visit Portfolio Grader[3].

Schlumberger NV (SLB[4]) earns a D this week, falling from last week’s grade of C. Schlumberger is a global oilfield services company that supplies technology, integrated project management and information solutions to consumers in the oil and gas industry. To get an in-depth look at SLB, get Portfolio Grader’s complete analysis of SLB stock[5].

Halliburton Company (HAL[6]) experiences a ratings drop this week, going from last week’s C 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].

Key Energy Services, Inc. (KEG[8]) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Key Energy Services offers rig-based services, including the maintenance, workover, and recompletion of existing oil and gas wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, as well as specialty drilling services to oil and natural gas producers. The stock receives F’s in Earnings Growth, Earnings Momentum and Earnings Revisions. Margin Growth and Sales Growth also get F’s. The stock price has dropped 7.6% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. The stock currently has a trailing PE Ratio of 245.00. To get an in-depth look at KEG, get Portfolio Grader’s complete analysis of KEG stock[9].

Superior Energy Services, Inc.’s (SPN[10]) rating weakens this week, dropping to an F versus last week’s D. Superior Energy Services is a provider of specialized oilfield services and equipment focusing on serving the production- and drilling-related needs of oil and gas companies. For a full analysis of SPN stock, visit Portfolio Grader[11].

This is a rough week for Seadrill (SDRL[12]). The company’s rating falls to D from the previous week’s C. Seadrill is an offshore drilling contractor that provides drilling and well services to the offshore industry. The stock also rates an F in Earnings Surprise. To get an in-depth look at SDRL, get Portfolio Grader’s complete analysis of SDRL stock[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].

Source URL: https://investorplace.com/2014/01/6-energy-services-stocks-to-sell-now-saex-slb-hal/

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