6 Energy Equipment & Services Stocks to Sell Now

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This week, the overall grades of 6 Energy Equipment & Services stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Slipping from a D to a F rating, FMC Technologies, Inc. (FTI) takes a hit this week. FMC Technologies, Inc. designs, manufactures, and services systems and products used in offshore, particularly deepwater, exploration and production of crude oil and natural gas. The company also gets F’s in sales growth, earnings growth, earnings revisions, and earnings surprise. For more information, get Portfolio Grader’s complete analysis of FTI stock.

Ensco plc (ESV) is having a tough week. The company’s rating falls from a D to a F. Ensco plc is an international offshore contract drilling company. The company also gets F’s in sales growth, earnings momentum, and free cash flow. For more information, get Portfolio Grader’s complete analysis of ESV stock.

Nordic American Offshore Ltd. (NAO) gets weaker ratings this week as last week’s D drops to a F. The company also gets F’s in sales growth, operating margin growth, earnings revisions, earnings surprise, and free cash flow. For more information, get Portfolio Grader’s complete analysis of NAO stock.

This week, Precision Drilling Corporation’s (PDS) rating worsens to a D from the company’s C rating a week ago. Precision Drilling Corporation is an integrated oilfield drilling and energy service company providing services to the oil and gas industry. The company also gets F’s in sales growth, earnings growth, and free cash flow. For more information, get Portfolio Grader’s complete analysis of PDS stock.

This is a rough week for Parker Drilling Company (PKD). The company’s rating falls to D from the previous week’s C. Parker Drilling Company provides contract drilling and related services. The company also gets F’s in sales growth, operating margin growth, earnings growth, earnings revisions, earnings momentum, and return on equity. For more information, get Portfolio Grader’s complete analysis of PKD stock.

Ocean Rig UDW Inc (ORIG) experiences a ratings drop this week, going from last week’s D to a F. Ocean Rig UDW Inc engages in the provision of oilfields services. The company also gets F’s in operating margin growth, earnings growth, earnings momentum, and free cash flow. For more information, get Portfolio Grader’s complete analysis of ORIG 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/2016/05/6-energy-equipment-services-stocks-to-sell-now-4/.

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