This week, the overall grades of four energy services stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
North American Energy Partners’ (NOA) rating falls this week to an F (“strong sell”), down from last week’s 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. In the past week, trade volume fell significantly to half the previous rate. The trailing PE Ratio for the stock is 31.40. To get an in-depth look at NOA, 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 Aug. 20, 2015, 26.1% of outstanding Basic Energy Services, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of BAS stock.
The rating of Helix Energy Solutions Group, Inc. (HLX) slips 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 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.
Aspen Aerogels Inc (ASPN) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. The stock gets F’s in Equity and Cash Flow. For more information, get Portfolio Grader’s complete analysis of ASPN 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.