Linn Energy

(

LINE

) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day up 4.1%. By the end of trading, Linn Energy fell 20 cents (-0.6%) to $36.41 on average volume. Throughout the day, 874,119 shares of Linn Energy exchanged hands as compared to its average daily volume of 784,000 shares. The stock ranged in price between $36.34-$37.25 after having opened the day at $37.21 as compared to the previous trading day's close of $36.61. Other company's within the Energy industry that declined today were:

Cano Petroleum Inc

(

CFW

), down 42.7%,

WSP Holdings

(

WH

), down 9.8%,

Andatee China Marine Fuel Services Corporat

(

AMCF

), down 9.5%, and

Tri-Valley Corporation

(

TIV

), down 7.4%.

Linn Energy, LLC, an independent oil and natural gas company, engages in the development and acquisition of oil and gas properties in the United States. Linn Energy has a market cap of $6.22 billion and is part of the

basic materials

sector. The company has a P/E ratio of 19, below the average energy industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Linn Energy as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,

GeoMet Inc

(

GMET

), up 17.6%,

Pioneer Drilling Company

(

PDC

), up 16.3%,

Voyager Oil & Gas Inc

(

VOG

), up 15.4%, and

Goodrich Petroleum

(

GDP

), up 14.9%, were all gainers within the energy industry with

ConocoPhillips

(

COP

) 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

).

null