4 Energy Services Stocks to Sell Now

Advertisement

The ratings of four 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”).

Tenaris S.A. Sponsored ADR (TS) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Tenaris manufactures and supplies steel pipe products and related services for the world’s energy industry. TS also rates an F in Portfolio Grader’s specific subcategory of Sales Growth. To get an in-depth look at TS, get Portfolio Grader’s complete analysis of TS stock.

Helix Energy Solutions Group, Inc. (HLX) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a 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. For a full analysis of HLX stock, visit Portfolio Grader.

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. The stock has a trailing PE Ratio of 26.60. For more information, get Portfolio Grader’s complete analysis of DRQ stock.

This week, Hornbeck Offshore Services, Inc.’s (HOS) rating worsens to an F from the company’s D rating a week ago. 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 $39.73, the stock is below the 50-day moving average of $40.88. To get an in-depth look at HOS, 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.


Article printed from InvestorPlace Media, https://investorplace.com/2014/04/4-energy-services-stocks-to-sell-now-ts-hlx-drq-8/.

©2024 InvestorPlace Media, LLC