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 1.2%. By the end of trading, Western Refining fell 54 cents (-1.8%) to $29.05 on heavy volume. Throughout the day, 2.7 million shares of Western Refining exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $28.93-$29.63 after having opened the day at $29.59 as compared to the previous trading day's close of $29.59. Other companies within the Energy industry that declined today were:
), down 16.3%,
), down 9.6%,
), down 5.7%, and
), down 5.6%.
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Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in three segments: Refining Group, Wholesale Group, and Retail Group. Western Refining has a market cap of $2.62 billion and is part of the basic materials sector. The company has a P/E ratio of 23.9, above the S&P 500 P/E ratio of 17.7. Shares are up 5% year to date as of the close of trading on Friday. Currently there are four analysts that rate Western Refining a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates Western Refining as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Western Refining Ratings Report.
On the positive front,
), up 22.1%,
), up 17.2%,
), up 10.4%, and
), up 8.8%, 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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