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) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a 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. In Portfolio Grader’s specific subcategory of Earnings Revisions, NOA also gets an F. Shares of the stock have been trading at an exceptionally rapid pace, up fourfold from the week prior. To get an in-depth look at NOA, get Portfolio Grader’s complete analysis of NOA stock.
Basic Energy Services, Inc. (BAS) earns an F this week, moving down 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 March 12, 2015, 10% of outstanding Basic Energy Services, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of BAS stock.
This week, Helix Energy Solutions Group, Inc.’s (HLX) rating worsens to an F from the company’s D rating a week ago. Helix Energy Solutions is a marine contractor and operator of offshore oil and gas properties and production facilities. The stock gets F’s in Earnings Growth, Earnings Momentum and Earnings Revisions. Earnings Surprise and Sales Growth also get F’s. To get an in-depth look at HLX, 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.