7 Energy Equipment & Services Stocks to Buy Now

Advertisement

This week, 7 Energy Equipment & Services stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This is a strong week for Patterson-UTI Energy, Inc. (PTEN). The company’s rating climbs to B from the previous week’s C. Patterson-UTI Energy, Inc. provides land-based drilling services to major and independent oil and natural gas companies. For more information, get Portfolio Grader’s complete analysis of PTEN stock.

Unit Corporation (UNT) shows solid improvement this week. The company’s rating rises from a C to a B. Unit Corporation is a contract drilling company that engages in land drilling of natural gas and oil wells. The company also gets A’s in earnings revisions, earnings surprise, and earnings momentum. For more information, get Portfolio Grader’s complete analysis of UNT stock.

RPC, Inc. (RES) boosts its rating from a C to a B this week. RPC, Inc. provides specialized oilfield services and equipment to independent and major oilfield companies. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of RES stock.

Pioneer Energy Services Corp. (PES) earns a B this week, jumping up from last week’s grade of 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 A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of PES stock.

This week, North American Energy Partners Inc.’s (NOA) ratings are up from a C last week to a B. North American Energy Partners Inc. is a resource services provider to oil and natural gas, and other natural resource companies, with a primary focus in the Canadian oil sands. The company also gets A’s in free cash flow. For more information, get Portfolio Grader’s complete analysis of NOA stock.

The rating of ENGlobal Corporation (ENG) moves up this week, rising from a C to a B. ENGlobal Corporation provides engineering and professional services principally to the energy sector in the United States and internationally. The company also gets A’s in operating margin growth, earnings momentum, and return on equity. For more information, get Portfolio Grader’s complete analysis of ENG stock.

Profire Energy, Inc. (PFIE) improves from a C to a B rating this week. For more information, get Portfolio Grader’s complete analysis of PFIE 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/2016/08/7-energy-equipment-services-stocks-to-buy-now/.

©2024 InvestorPlace Media, LLC