4 Energy Services Stocks to Sell Now

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This week, the ratings of four energy services stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

RigNet, Inc. (RNET) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. RigNet is a data network infrastructure provider serving the remote communications needs of the oil and gas industry. For Portfolio Grader’s specific subcategory of Earnings Surprise, RNET also gets an F. The stock’s trailing PE Ratio is 32.70. For more information, get Portfolio Grader’s complete analysis of RNET stock.

Tesco Corporation (TESO) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Tesco designs, manufactures, and delivers technology-based solutions for the upstream energy industry. The stock gets F’s in Earnings Revisions and Earnings Surprise. To get an in-depth look at TESO, get Portfolio Grader’s complete analysis of TESO stock.

This week, Gulf Island Fabrication, Inc.’s (GIFI) rating worsens to a D from the company’s C rating a week ago. Gulf Island Fabrication makes offshore drilling and production platforms and other specialized structures used in the development and production of offshore oil and gas reserves. The stock gets F’s in Earnings Momentum and Sales Growth. For more information, get Portfolio Grader’s complete analysis of GIFI stock.

Schlumberger NV’s (SLB) rating weakens this week, dropping to a D versus last week’s 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.

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/2015/01/4-energy-services-stocks-to-sell-now-rnet-teso-gifi/.

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