This week, the overall grades of four energy services stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, Tenaris S.A. Sponsored ADR (TS) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Tenaris manufactures and supplies steel pipe products and related services for the world’s energy industry. For Portfolio Grader’s specific subcategory of Sales Growth, TS also gets an F. The stock price has dropped 8.7% 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 TS stock.
Helix Energy Solutions Group, Inc. (HLX) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Helix Energy Solutions is a marine contractor and operator of offshore oil and gas properties and production facilities. The stock gets F’s in Cash Flow and Margin Growth. To get an in-depth look at HLX, get Portfolio Grader’s complete analysis of HLX stock.
Dril-Quip, Inc. (DRQ) earns a D this week, falling from last week’s grade of C. Dril-Quip designs, manufactures, sells, and services offshore drilling and production equipment to be used in deepwater, harsh environment, and severe service applications. At $96.61, the stock is under the 50-day moving average of $104.59. The stock currently has a trailing PE Ratio of 26.50. For a full analysis of DRQ stock, visit Portfolio Grader.
Hornbeck Offshore Services, Inc. (HOS) is having a tough week. The company’s rating falls from a D to an F. Hornbeck Offshore Services provides marine transportation services to the offshore oil and gas industry. The stock gets F’s in Earnings Revisions and Cash Flow. At $40.93, the stock is below the 50-day moving average of $44.95. For more information, get Portfolio Grader’s complete analysis of HOS 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.
