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BP

(

BP

) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 3.4%. By the end of trading, BP rose $2.01 (5.2%) to $40.54 on heavy volume. Throughout the day, 10.3 million shares of BP exchanged hands as compared to its average daily volume of 6.6 million shares. The stock ranged in a price between $39.62-$40.59 after having opened the day at $40 as compared to the previous trading day's close of $38.53. Other companies within the Energy industry that increased today were:

Renewable Energy Group

(

REGI

), up 16.8%,

Hallador Energy

(

HNRG

), up 13.4%,

Cal Dive International

(

DVR

), up 12.4%, and

TheStreet Recommends

Recovery Energy

(

RECV

), up 12.2%.

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BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. BP has a market cap of $121.22 billion and is part of the

basic materials

sector. The company has a P/E ratio of 4.7, below the average energy industry P/E ratio of five and below the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate BP a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates BP as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself.

On the negative front,

Ivanhoe Energy

(

IVAN

), down 27%,

Houston American Energy Corporation

(

HUSA

), down 4.3%,

New Concept Energy

(

GBR

), down 3.7%, and

Venoco Incorporated

(

VQ

), down 3.1%, were all losers within the energy industry with

Cabot Oil & Gas Corporation

(

COG

) being today's energy industry loser.

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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