Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Enterprise Products Partners fell 70 cents (-1.3%) to $53.99 on heavy volume. Throughout the day, 1.9 million shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 844,900 shares. The stock ranged in price between $53.89-$54.88 after having opened the day at $54.80 as compared to the previous trading day's close of $54.69. Other companies within the Energy industry that declined today were:
), down 12.7%,
), down 10.4%,
), down 7.1%, and
), down 6.8%.
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Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $48.09 billion and is part of the
sector. The company has a P/E ratio of 19.8, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and one rates it a hold.
TheStreet Ratings rates Enterprise Products Partners as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Enterprise Ratings Report.
On the positive front,
), up 10.3%,
), up 10.1%,
), up 10%, and
), up 7.8%, were all gainers within the energy industry with
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.
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