5 Stocks Underperforming Today In The Energy Industry
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.All three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 82 points (-0.5%) at 15,473 as of Friday, July 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,028 issues advancing vs. 1,878 declining with 105 unchanged.The Energy industry currently sits down 0.5% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Cameron International Corporation (CAM), down 3.7%, Statoil ASA (STO), down 1.9%, Chevron (CVX), down 1.0%, PetroChina (PTR), down 0.9% and Petroleo Brasileiro SA Petrobras (PBR), down 0.7%.TheStreet would like to highlight 5 stocks pushing the industry lower today:5. Ecopetrol S.A (EC) is one of the companies pushing the Energy industry lower today. As of noon trading, Ecopetrol S.A is down $0.44 (-0.9%) to $45.72 on light volume. Thus far, 112,509 shares of Ecopetrol S.A exchanged hands as compared to its average daily volume of 525,300 shares. The stock has ranged in price between $45.29-$46.14 after having opened the day at $45.92 as compared to the previous trading day's close of $46.16. Ecopetrol S.A., an integrated oil company, engages in the exploration, development, and production of crude oil and natural gas Colombia. The company operates in four segments: Exploration and Production, Refining and Petrochemicals, Transportation, and Market and Supply. Ecopetrol S.A has a market cap of $95.3 billion and is part of the basic materials sector. Shares are down 22.6% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Ecopetrol S.A a buy, 2 analysts rate it a sell, and 1 rates it a hold.TheStreet Ratings rates Ecopetrol S.A as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Ecopetrol S.A 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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