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7 Energy Services Stocks to Sell Now

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


The ratings of seven Energy Services stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unit Corporation (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. For more information, get Portfolio Grader’s complete analysis of UNT stock.

Halliburton Company’s (NYSE:HAL) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Halliburton provides energy services and engineering and construction services, as well as manufactures products for the energy industry. To get an in-depth look at HAL, get Portfolio Grader’s complete analysis of HAL stock.

This is a rough week for Newpark Resources, Inc. (NYSE:NR). The company’s rating falls to D from the previous week’s C. Newpark Resources provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. The stock price has dropped 6.8% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. For a full analysis of NR stock, visit Portfolio Grader.

ION Geophysical Corporation (NYSE:IO) gets weaker ratings this week as last week’s C drops 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.

Nabors Industries (NYSE:NBR) earns an F this week, moving down from last week’s grade of D. Nabors Industries conducts oil, gas, and geothermal land drilling operations worldwide. The stock gets F’s in Earnings Revisions and Cash Flow. To get an in-depth look at NBR, get Portfolio Grader’s complete analysis of NBR stock.

GulfMark Offshore, Inc. Class A (NYSE:GLF) experiences a ratings drop this week, going from last week’s D to an F. GulfMark Offshore provides marine support services to the energy industry. The stock also rates an F in Earnings Surprise. The stock’s trailing PE Ratio is 61.30. For a full analysis of GLF stock, visit Portfolio Grader.

Slipping from a C to a D rating, Forum Energy Technologies, Inc. (NYSE:FET) takes a hit this week. Forum Energy Technologies, Inc. is a global oilfield products company, serving the subsea, drilling, completion, production and process sectors of the oil and natural gas industry. It designs and manufactures products, and engages in aftermarket services, parts supply and related services that compl… For more information, get Portfolio Grader’s complete analysis of FET 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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