4 Energy Equipment & Services Stocks to Sell Now

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This week, 4 Energy Equipment & Services stocks are worse, according to the Portfolio Graderdatabase. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Patterson-UTI Energy, Inc. (PTEN) declines this week from a C to a D. Patterson-UTI Energy, Inc. provides land-based drilling services to major and independent oil and natural gas companies. The company also gets F’s in sales growth, operating margin growth, earnings growth, and earnings momentum. For more information, get Portfolio Grader’s complete analysis of PTEN stock.

This week, CARBO Ceramics Inc.’s (CRR) rating worsens to a F from the company’s D rating a week ago. CARBO Ceramics Inc. manufactures and supplies resin-coated ceramic and resin-coated sand proppants primarily used in the hydraulic fracturing of natural gas and oil wells in the United States and internationally. The company also gets F’s in sales growth, operating margin growth, earnings growth, earnings revisions, earnings momentum, return on equity, and free cash flow. For more information, get Portfolio Grader’s complete analysis of CRR stock.

Transocean Partners LLC (RIGP) experiences a ratings drop this week, going from last week’s C to a D. The company also gets F’s in operating margin growth, earnings momentum, and free cash flow. For more information, get Portfolio Grader’s complete analysis of RIGP stock.

This is a rough week for Pioneer Energy Services Corp. (PES). The company’s rating falls to D from the previous week’s C. Pioneer Energy Services Corp. provides land contract drilling services and production services to independent and major oil and gas exploration and production companies in the United States and Colombia. The company also gets F’s in sales growth, return on equity, and free cash flow. For more information, get Portfolio Grader’s complete analysis of PES 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/2016/04/4-energy-equipment-services-stocks-to-sell-now-4/.

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