This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Oil Services Stocks: Hold 'Em or Fold 'Em?

OV / UN Valued: 12 oil services stocks are undervalued with Transocean (RIG - Get Report) the most undervalued by 13.9%. The most overvalued stock is Oil States International (OIS - Get Report) by 24.7%.

VE Rating: Tenaris (TS - Get Report) is the only stock in the table with a "4-Engine" buy rating after being upgraded from hold this morning. McDermott International (MDR - Get Report) was upgraded to hold from sell. Tidewater (TDW - Get Report) is only "2-Engine" sell rated stock in the table. All other stocks in the table have "3-Engine" or hold ratings. Patterson-UTI Energy (PTEN - Get Report) has been downgraded to hold from buy this morning.

Last 12-Month Return (%): 12 oil services stocks declined over the last 12 months with Weatherford (WFT - Get Report) the biggest loser down 20.2%. The biggest winner of the 12 risers is Patterson-UTI Energy with a gain of 29.6%.

Forecast 1-Year Return: The biggest potential loser is Tidewater with a projected loss of 7.6% over the next 12 months. The projected winners are expected to be up only slightly between 0.5% and 4.7%.

12 Month Trailing P/E Ratios: P/E ratios range from 10.1 for Oil States to 28.7 for Core Labs (CLB - Get Report).

200-Day Simple Moving Averages: We began the week with only two oil services stocks below their 200-day SMAs. The reversion to the mean spread to four additional names this week. Those below are; Diamond Offshore (DO - Get Report), McDermott (MDR - Get Report), Noble (NE - Get Report), National Oilwell (NOV - Get Report), Rowan Companies (RDC), and Seadrill (SDRL). This means that the other 19 stocks are still at risk of reversion to the mean.

Here's how to use the Value Levels and Risky Levels for stocks in today's table:

Value Level: is the price at which to enter a GTC Limit Order to buy on weakness. The letters mean; W-Weekly, M-Monthly, Q-Quarterly, S-Semiannual and A- Annual.

Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.

Risky Level: is the price at which to enter a GTC Limit Order to sell on strength.

The author has no positions in the stocks mentioned today.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
WFT $6.47 0.00%
MDR $2.38 0.00%
NE $7.36 0.00%
BHI $39.90 0.00%
CLB $99.38 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs