For the current week, the overall ratings of three energy services stocks are worse, according to the Portfolio Graderdatabase. 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. NOA also rates an F in Portfolio Grader’s specific subcategory of Earnings Revisions. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of NOA stock.
Basic Energy Services, Inc. (BAS) experiences a ratings drop this week, going from last week’s D to an F. 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 16, 2015, 18.3% of outstanding Basic Energy Services, Inc. shares were held short. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. To get an in-depth look at BAS, get Portfolio Grader’s complete analysis of BAS stock.
The rating of Helix Energy Solutions Group, Inc. (HLX) declines this week from a D to an F. 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.