by Portfolio Grader | February 7, 2014 9:30 am
The overall ratings of 12 oil and gas stocks are down on Portfolio Grader[1] this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, PDC Energy (PETD[2]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). PDC is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin and Michigan. In Portfolio Grader’s specific subcategories of Earnings Revisions and Cash Flow, PETD also gets F’s. As of Feb. 7, 2014, 12.6% of outstanding PDC Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of PETD stock[3].
Midstates Petroleum Company, Inc. (MPO[4]) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Midstates Petroleum is an independent exploration and production company. The stock gets F’s in Earnings Revisions and Cash Flow. The stock price has fallen 31.7% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. For a full analysis of MPO stock, visit Portfolio Grader[5].
This week, Hallador Energy Company (HNRG[6]) drops from a C to a D rating. Hallador Energy processes, mines and sells coal to producers of electric power. The stock also gets an F in Earnings Revisions. To get an in-depth look at HNRG, get Portfolio Grader’s complete analysis of HNRG stock[7].
This is a rough week for Eagle Rock Energy Partners, L.P. (EROC[8]). The company’s rating falls to F from the previous week’s D. Eagle Rock Energy engages in gathering, compressing, treating, processing, transporting, marketing, and trading natural gas, as well as fractionating and transporting natural gas liquids. The stock gets F’s in Equity and Cash Flow. For a full analysis of EROC stock, visit Portfolio Grader[9].
This week, Hess Corporation’s (HES[10]) rating worsens to a D from the company’s C rating a week ago. Hess discovers, develops, manufactures, and markets companion animal health products, primarily for dogs, cats, and horses. The stock gets F’s in Earnings Revisions, Earnings Surprise and Sales Growth. To get an in-depth look at HES, get Portfolio Grader’s complete analysis of HES stock[11].
The rating of Triangle Petroleum Corporation. (TPLM[12]) declines this week from a C to a D. Triangle Petroleum acquires, explores, and develops mineral properties. The stock gets F’s in Earnings Revisions, Earnings Surprise and Cash Flow. The stock currently has a trailing PE Ratio of 34.80. For more information, get Portfolio Grader’s complete analysis of TPLM stock[13].
Chevron Corporation (CVX[14]) gets weaker ratings this week as last week’s D drops to an F. Chevron gives management and technological support to international subsidiaries that operate petroleum, chemicals, mining, power generation, and energy services. To get an in-depth look at CVX, get Portfolio Grader’s complete analysis of CVX stock[15].
Slipping from a C to a D rating, Scorpio Tankers (STNG[16]) takes a hit this week. Scorpio Tankers provides seaborne transportation of crude oil and other petroleum products worldwide. The stock gets F’s in Earnings Momentum, Earnings Revisions and Cash Flow. For more information, get Portfolio Grader’s complete analysis of STNG stock[17].
Approach Resources (AREX[18]) experiences a ratings drop this week, going from last week’s D to an F. Approach Resources focuses on natural gas and oil reserves in tight sands and shale. The stock gets F’s in Earnings Revisions and Cash Flow. As of Feb. 7, 2014, 14.1% of outstanding Approach Resources shares were held short. The stock has a trailing PE Ratio of 113.30. For a full analysis of AREX stock, visit Portfolio Grader[19].
North European Oil Royalty Trust (NRT[20]) earns a D this week, moving down from last week’s grade of C. North European Oil Royalty Trust is involved in gas and oil production, and it holds overriding royalty rights in certain concessions or leases in the Federal Republic of Germany. To get an in-depth look at NRT, get Portfolio Grader’s complete analysis of NRT stock[21].
This is a rough week for Gevo (GEVO[22]). The company’s rating falls to F from the previous week’s D. Gevo operates as a technology development company for biobutanol. The stock gets F’s in Equity, Cash Flow and Sales Growth. For a full analysis of GEVO stock, visit Portfolio Grader[23].
The rating of Teekay Tankers Ltd. Class A (TNK[24]) slips from a C to a D. Teekay Tankers owns oil tankers and transports crude oil. The stock gets F’s in Equity, Cash Flow and Sales Growth. For more information, get Portfolio Grader’s complete analysis of TNK stock[25].
Louis Navellier’s proprietary Portfolio Grader[26] 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[27].
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