The overall ratings of three energy services stocks are down on Portfolio Grader this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
North American Energy Partners (NOA) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). North American Energy Partners is a resource services provider to oil and natural gas, and other natural resource companies, with a primary focus in the Canadian oil sands. NOA also rates an F in Portfolio Grader’s specific subcategory of Earnings Revisions. For more information, get Portfolio Grader’s complete analysis of NOA stock.
Basic Energy Services, Inc. (BAS) earns an F this week, falling from last week’s grade of D. Basic Energy Services provides oil and gas drilling and production companies with a range of well site services. The stock gets F’s in Earnings Momentum, Earnings Revisions and Earnings Surprise. As of Feb. 24, 2015, 13.6% of outstanding Basic Energy Services, Inc. shares were held short. The stock currently has a trailing PE Ratio of 114.30. To get an in-depth look at BAS, get Portfolio Grader’s complete analysis of BAS stock.
Helix Energy Solutions Group, Inc.’s (HLX) rating weakens this week, dropping to an F versus last week’s D. Helix Energy Solutions is a marine contractor and operator of offshore oil and gas properties and production facilities. The stock receives F’s in Earnings Growth, Earnings Momentum and Earnings Revisions. Earnings Surprise and Sales Growth also get F’s. For more information, get Portfolio Grader’s complete analysis of HLX 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.