3 Stocks Underperforming Today In The Energy Industry

TheStreet highlights 3 stocks pushing the energy industry lower today.
By TheStreet Wire ,

One out of the three major indices are trading lower today with the

Dow Jones Industrial Average

(

^DJI

) trading down 56 points (-0.3%) at 17,863 as of Thursday, July 7, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,647 issues advancing vs. 1,277 declining with 139 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include

Canadian Natural Resources

(

CNQ

), down 1.8%,

Enbridge

(

ENB

), down 1.8%,

Phillips 66

(

PSX

), down 0.9%,

Total

(

TOT

), down 0.8% and

China Petroleum & Chemical

(

SNP

), down 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.

EOG Resources

(

EOG

) is one of the companies pushing the Energy industry lower today. As of noon trading, EOG Resources is down $0.73 (-0.9%) to $82.03 on light volume. Thus far, 857,794 shares of EOG Resources exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $81.61-$83.86 after having opened the day at $83.84 as compared to the previous trading day's close of $82.76.

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EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $46.7 billion and is part of the basic materials sector. Shares are up 16.9% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate EOG Resources a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates

EOG Resources

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full

EOG Resources Ratings Report

now.

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2. As of noon trading,

Chevron

(

CVX

) is down $1.27 (-1.2%) to $103.31 on average volume. Thus far, 2.9 million shares of Chevron exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $102.94-$105.00 after having opened the day at $104.89 as compared to the previous trading day's close of $104.58.

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Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $196.3 billion and is part of the basic materials sector. Shares are up 16.2% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Chevron a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Chevron

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. Get the full

Chevron Ratings Report

now.

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1. As of noon trading,

Exxon Mobil

(

XOM

) is down $0.82 (-0.9%) to $93.27 on average volume. Thus far, 6.1 million shares of Exxon Mobil exchanged hands as compared to its average daily volume of 10.8 million shares. The stock has ranged in price between $92.58-$94.49 after having opened the day at $94.34 as compared to the previous trading day's close of $94.09.

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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil has a market cap of $389.1 billion and is part of the basic materials sector. Shares are up 20.7% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Exxon Mobil a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Exxon Mobil

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, poor profit margins and weak operating cash flow. Get the full

Exxon Mobil Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the energy industry could consider

Energy Select Sector SPDR

(

XLE

) while those bearish on the energy industry could consider

Proshares Short Oil & Gas

(

DDG

).

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