The ratings of five 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”).
Newpark Resources, Inc. (NR) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. For Portfolio Grader’s specific subcategory of Earnings Surprise, NR also gets an F. 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. For a full analysis of NR stock, visit Portfolio Grader.
This is a rough week for Bristow Group (BRS). The company’s rating falls to D from the previous week’s C. Bristow Group provides helicopter services to the worldwide offshore energy industry. The stock gets F’s in Earnings Surprise and Cash Flow. At $72.25, the stock is below the 50-day moving average of $73.58. For more information, get Portfolio Grader’s complete analysis of BRS stock.
Key Energy Services, Inc.’s (KEG) rating falls this week to an F (“strong sell”), down from last week’s 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 Revisions, Margin Growth and Sales Growth. Shares of the stock have been exchanging at an usually rapid pace, twice the rate of the week prior. To get an in-depth look at KEG, get Portfolio Grader’s complete analysis of KEG stock.
The rating of Cal Dive International, Inc. (DVR) declines this week from a D to an F. Cal Dive is a marine contracting company that provides manned diving, pipelay and pipe burial, platform installation, and platform salvage services to the offshore oil and natural gas industry. The stock gets F’s in Equity and Cash Flow. At $1.76, the stock is under the 50-day moving average of $1.81. As of Feb. 20, 2014, 23.1% of outstanding Cal Dive International, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of DVR stock.
Transocean (RIG) earns an F this week, moving down from last week’s grade of D. Transocean provides offshore contract drilling services for oil and gas wells. The stock also gets an F in Earnings Momentum. For a full analysis of RIG stock, visit Portfolio Grader.
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.