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The Energy industry as a whole closed the day down 2.1% versus the S&P 500, which was down 0.7%. Laggards within the Energy industry included

Sonde Resources

(

SOQ

), down 1.5%,

Enerjex Resources

(

ENRJ

), down 3.9%,

WSP Holdings

(

WH

), down 5.2%,

Tengasco

(

TGC

), down 3.4% and

Lucas Energy

(

LEI

), down 4.2%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

WSP Holdings

(

WH

) is one of the companies that pushed the Energy industry lower today. WSP Holdings was down $0.05 (5.2%) to $0.91 on average volume. Throughout the day, 48,871 shares of WSP Holdings exchanged hands as compared to its average daily volume of 53,800 shares. The stock ranged in price between $0.89-$0.96 after having opened the day at $0.91 as compared to the previous trading day's close of $0.96.

WSP Holdings Limited, together with its subsidiaries, manufactures and sells seamless oil country tubular goods. WSP Holdings has a market cap of $19.4 million and is part of the basic materials sector. Shares are down 64.8% year-to-date as of the close of trading on Monday.

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

TheStreet Ratings rates

WSP Holdings

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on WH go as follows:

  • WSP HOLDINGS LTD has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, WSP HOLDINGS LTD reported poor results of -$4.12 versus -$3.30 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Energy Equipment & Services industry. The net income has significantly decreased by 55.5% when compared to the same quarter one year ago, falling from -$16.61 million to -$25.83 million.
  • The debt-to-equity ratio is very high at 6.75 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.33, which clearly demonstrates the inability to cover short-term cash needs.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Energy Equipment & Services industry and the overall market, WSP HOLDINGS LTD's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for WSP HOLDINGS LTD is rather low; currently it is at 20.56%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, WH's net profit margin of -21.64% significantly underperformed when compared to the industry average.

You can view the full analysis from the report here:

WSP Holdings Ratings Report

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

At the close,

Enerjex Resources

(

ENRJ

) was down $0.30 (3.9%) to $7.40 on heavy volume. Throughout the day, 17,735 shares of Enerjex Resources exchanged hands as compared to its average daily volume of 4,600 shares. The stock ranged in price between $7.27-$7.68 after having opened the day at $7.42 as compared to the previous trading day's close of $7.70.

Enerjex Resources has a market cap of $57.7 million and is part of the basic materials sector. Shares are down 6.7% year-to-date as of the close of trading on Monday.

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

Highlights from TheStreet Ratings analysis on ENRJ go as follows:

You can view the full analysis from the report here:

Enerjex Resources Ratings Report

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

Sonde Resources

(

SOQ

) was another company that pushed the Energy industry lower today. Sonde Resources was down $0.01 (1.5%) to $0.34 on light volume. Throughout the day, 22,761 shares of Sonde Resources exchanged hands as compared to its average daily volume of 37,400 shares. The stock ranged in price between $0.34-$0.36 after having opened the day at $0.34 as compared to the previous trading day's close of $0.35.

Sonde Resources has a market cap of $19.8 million and is part of the basic materials sector. Shares are down 49.3% year-to-date as of the close of trading on Monday.

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

Highlights from TheStreet Ratings analysis on SOQ go as follows:

You can view the full analysis from the report here:

Sonde Resources Ratings Report

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