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6 Energy Services Stocks to Sell Now

UNT, HAL, NR, IO, NBR, GLF slump in weekly rankings


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

Unit Corp. (NYSE:UNT) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Unit is a contract drilling company that engages in land drilling of natural gas and oil wells. In Portfolio Grader’s specific subcategories of Earnings Momentum and Cash Flow, UNT also gets F’s. At $43.44, the stock is under the 50-day moving average of $44.19. The trailing PE Ratio for the stock is 198.80. For more information, get Portfolio Grader’s complete analysis of UNT stock.

This week, Halliburton (NYSE:HAL) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. For a full analysis of HAL stock, visit Portfolio Grader.

The rating of Newpark Resources (NYSE:NR) slips from a C to a D. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. To get an in-depth look at NR, get Portfolio Grader’s complete analysis of NR stock.

ION Geophysical (NYSE:IO) experiences a ratings drop this week, going from last week’s C to a D. ION Geophysical provides geophysical technology, services, and solutions for the global oil and gas industry. For more information, get Portfolio Grader’s complete analysis of IO stock.

This week, Nabors Industries’ (NYSE:NBR) rating worsens to an F from the company’s D rating a week ago. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. At $15.78, the stock is below the 50-day moving average of $15.93. The stock’s trailing PE Ratio is 37.20. For a full analysis of NBR stock, visit Portfolio Grader.

Gulfmark Offshore (NYSE:GLF) gets weaker ratings this week as last week’s D drops to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also gets an F in Earnings Surprise. The stock has a trailing PE Ratio of 49.40. To get an in-depth look at GLF, get Portfolio Grader’s complete analysis of GLF 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.

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