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5 Stocks Pulling The Energy Industry Downward

All three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Energy industry currently sits down 0.4% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include El Paso Pipeline Partners (EPB), down 3.0%, Phillips 66 (PSX), down 2.7%, Energy Transfer Partners L.P (ETP), down 2.1%, Energy Transfer Equity (ETE), down 1.9% and Enterprise Products Partners (EPD), down 1.3%. A company within the industry that increased today was EOG Resources (EOG), up 0.8%.

TheStreet 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 $0.48 (-1.2%) to $39.83 on light volume. Thus far, 756,541 shares of Kinder Morgan exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $39.70-$40.45 after having opened the day at $40.23 as compared to the previous trading day's close of $40.31.

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 $41.5 billion and is part of the basic materials sector. Shares are up 13.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Kinder Morgan Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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