6 Energy Services Stocks to Sell Now

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This week, the overall grades of six Energy Services stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Dawson Geophysical (NASDAQ:DWSN) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Dawson Geophysical provides onshore seismic data acquisition and processing services in the United States. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions, and Earnings Surprise, DWSN also gets an F. The stock price has fallen 8.4% over the past month, worse than the 4.6% increase the Nasdaq has seen over the same period of time. To get an in-depth look at DWSN, get Portfolio Grader’s complete analysis of DWSN stock.

RPC Inc.‘s (NYSE:RES) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. RPC provides specialized oilfield services and equipment to independent and major oilfield companies. For more information, get Portfolio Grader’s complete analysis of RES stock.

Slipping from a C to a D rating, Hercules Offshore (NASDAQ:HERO) takes a hit this week. Hercules Offshore offers offshore contract drilling, liftboat, and inland barge services. The stock gets F’s in Earnings Momentum, Earnings Revisions, and Equity. For a full analysis of HERO stock, visit Portfolio Grader.

The rating of Atwood Oceanics (NYSE:ATW) slips from a C to a D. Atwood Oceanics is engaged in the international offshore drilling, exploration, and development of oil and gas wells. To get an in-depth look at ATW, get Portfolio Grader’s complete analysis of ATW stock.

CGG Veritas (NYSE:CGV) earns a D this week, falling from last week’s grade of C. CGG Veritas manufactures geophysical equipment and provides a range of services including seismic data acquisition and related processing and interpretation software mainly to clients in the oil and gas exploration and production industry. The stock’s trailing PE Ratio is 60.2. For a full analysis of CGV stock, visit Portfolio Grader.

Willbros Group (NYSE:WG) experiences a ratings drop this week, going from last week’s C to a D. Willbros Group provides engineering and construction services to the oil, gas, refinery, petrochemical and power industries with a focus on infrastructure such as oil and gas pipeline systems, electric transmission and distribution services and refinery downstream markets. The stock gets F’s in Earnings Growth, Earnings Revisions, Equity, and Cash Flow. Investors seem to agree with the downgrade and have pushed down the share price 22.4% over the past month. For more information, get Portfolio Grader’s complete analysis of WG 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.


Article printed from InvestorPlace Media, https://investorplace.com/2012/08/6-energy-services-stocks-to-sell-now-dwsn-res-hero/.

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