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5 Stocks Pushing The Energy Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 15,304 as of Thursday, May 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 979 issues advancing vs. 1,985 declining with 110 unchanged.

The Energy industry currently sits down 0.53 versus the S&P 500, which is down 0.37. On the negative front, top decliners within the industry include Apache Corporation ( APA), down 2.65, Energy Transfer Partners L.P ( ETP), down 2.19, Plains All American Pipeline ( PAA), down 1.90, Halliburton Company ( HAL), down 1.95 and Enterprise Products Partners ( EPD), down 1.20.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Kinder Morgan ( KMI) is one of the companies pushing the Energy industry lower today. As of noon trading, Kinder Morgan is down $0.64 (-1.6%) to $40.36 on average volume Thus far, 2.1 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $40.15-$40.63 after having opened the day at $40.59 as compared to the previous trading day's close of $40.99.

Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company operates in six segments: Natural Gas Pipelines, Products Pipelines KMP, CO2 KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other. Kinder Morgan has a market cap of $42.6 billion and is part of the basic materials sector. The company has a P/E ratio of 67.4, above the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Kinder Morgan as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Kinder Morgan Ratings Report now.

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