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 down 0.1%. By the end of trading, Petroleo Brasileiro SA Petrobras fell $1.18 (-5.3%) to $21.22 on average volume. Throughout the day, 15.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 12.4 million shares. The stock ranged in price between $21.10-$21.70 after having opened the day at $21.61 as compared to the previous trading day's close of $22.40. Other companies within the Energy industry that declined today were:
), down 94.2%,
), down 17.2%,
), down 10.7%, and
), down 7.9%.
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Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. Petroleo Brasileiro SA Petrobras has a market cap of $146.1 billion and is part of the basic materials sector. The company has a P/E ratio of 7.3, below the average energy industry P/E ratio of 12.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a
. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full Petroleo Brasileiro SA Petrobras Ratings Report.
On the positive front,
), up 55.1%,
), up 29.9%,
), up 23.6%, and
), up 21.8%, 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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