HollyFrontier Corp (HFC): Today's Featured Energy Laggard

HollyFrontier was a leading decliner within the energy industry, falling $0.44 (-1.0%) to $41.84 on light volume
By TheStreet Wire ,

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.

HollyFrontier

(

HFC

) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.7%. By the end of trading, HollyFrontier fell $0.44 (-1.0%) to $41.84 on light volume. Throughout the day, 1,805,641 shares of HollyFrontier exchanged hands as compared to its average daily volume of 3,433,800 shares. The stock ranged in price between $41.76-$42.65 after having opened the day at $42.49 as compared to the previous trading day's close of $42.28. Other companies within the Energy industry that declined today were:

SMF Energy Corporation

(

FUEL

), down 21.1%,

Sonde Resources

(

SOQ

), down 7.0%,

Andatee China Marine Fuel Services Corporat

(

AMCF

), down 4.7% and

HyperDynamics Corporation

(

HDY

), down 4.4%.

HollyFrontier Corporation operates as an independent petroleum refiner and marketer in the United States. It produces light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, liquefied petroleum gas, fuel oil, and specialty and modified asphalt. HollyFrontier has a market cap of $8.6 billion and is part of the basic materials sector. Shares are down 9.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate HollyFrontier a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

HollyFrontier

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front,

Energy XXI

(

EXXI

), up 14.5%,

Camac Energy

(

CAK

), up 11.7%,

Linn Energy

(

LINE

), up 9.9% and

Pengrowth Energy

(

PGH

), up 8.2% , were all gainers within the energy industry with

Schlumberger

(

SLB

) being today's featured energy industry leader.

For investors not wanting singular stock exposure, 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

).

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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