Baker Hughes

(

BHI

) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day down 0.7%. By the end of trading, Baker Hughes fell 47 cents (-1.1%) to $41.25 on average volume. Throughout the day, six million shares of Baker Hughes exchanged hands as compared to its average daily volume of 7.3 million shares. The stock ranged in price between $40.62-$41.72 after having opened the day at $41.65 as compared to the previous trading day's close of $41.72. Other company's within the Energy industry that declined today were:

Recon Technology

(

RCON

), down 11.3%,

Mexco Energy Corporation

(

MXC

), down 6.4%,

GeoPetro Resources Company

(

GPR

), down 6.3%, and

Cubic Energy

(

QBC

), down 6.3%.

Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $18.18 billion and is part of the

basic materials

sector. The company has a P/E ratio of 10.5, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 14.2% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Baker Hughes a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Baker Hughes as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Tri-Valley Corporation

(

TIV

), up 16.7%,

Houston American Energy Corporation

(

HUSA

), up 13.7%,

YPF Sociedad Anonima

(

YPF

), up 7.8%, and

GeoMet

(

GMET

), up 7.7%, were all gainers within the energy industry with

Chevron

(

CVX

) being today's featured energy industry winner.

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

).

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