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HES, APA, APC, PXD And SLB, Pushing Energy Industry Downward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 16,095 as of Wednesday, Nov. 27, 2013, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,757 issues advancing vs. 1,109 declining with 149 unchanged.

The Energy industry currently sits down 0.3% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Continental Resources ( CLR), down 2.8%, Weatherford International ( WFT), down 2.7%, Enbridge ( ENB), down 2.6%, Cenovus Energy ( CVE), down 1.4% and Imperial Oil ( IMO), down 1.1%. Top gainers within the industry include CVR Energy ( CVI), up 6.7%, Valero Energy Corporation ( VLO), up 4.3%, Marathon Petroleum ( MPC), up 4.4%, China Petroleum & Chemical Corporation ( SNP), up 1.3% and Kinder Morgan ( KMI), up 1.0%.

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

5. Hess ( HES) is one of the companies pushing the Energy industry lower today. As of noon trading, Hess is down $1.75 (-2.1%) to $81.86 on light volume. Thus far, 980,242 shares of Hess exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $81.75-$83.54 after having opened the day at $83.54 as compared to the previous trading day's close of $83.61.

Hess Corporation, together with its subsidiaries, operates as an independent energy company worldwide. It operates in two segments, Exploration and Production (E&P), and Marketing and Refining (M&R). Hess has a market cap of $27.9 billion and is part of the basic materials sector. The company has a P/E ratio of 8.3, below the S&P 500 P/E ratio of 17.7. Shares are up 56.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Hess a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Hess as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hess 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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