The ratings of three 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”).
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 changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of NOA stock.
This week, Basic Energy Services, Inc. (BAS) drops from a D to an F rating. 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 April 9, 2015, 12% of outstanding Basic Energy Services, Inc. shares were held short. To get an in-depth look at BAS, get Portfolio Grader’s complete analysis of BAS stock.
Helix Energy Solutions Group, Inc. (HLX) earns an F this week, falling from last week’s grade of 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.