InterOil Corporation (IOC): Today's Featured Energy Laggard

InterOil Corporation ( IOC) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 1.6%. By the end of trading, InterOil Corporation fell 54 cents (-0.6%) to $86.83 on light volume. Throughout the day, 282,246 shares of InterOil Corporation exchanged hands as compared to its average daily volume of 615,900 shares. The stock ranged in price between $86.61-$87.92 after having opened the day at $87.72 as compared to the previous trading day's close of $87.37. Other company's within the Energy industry that declined today were: Camac Energy ( CAK), down 10.7%, Voyager Oil & Gas ( VOG), down 6.3%, BMB Munai ( BMBM), down 4.9%, and HKN ( HKN), down 4.5%.

InterOil Corporation operates as an integrated oil and gas company in Papua New Guinea. The company engages in the exploration, appraisal, and development of crude oil and natural gas structures. InterOil Corporation has a market cap of $4.21 billion and is part of the basic materials sector. The company has a P/E ratio of 161.9, below the average energy industry P/E ratio of 164.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 71% year to date as of the close of trading on Monday. Currently there are two analysts that rate InterOil Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates InterOil Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow.

On the positive front, GeoMet ( GMET), up 26.7%, Exterran Holdings ( EXH), up 17.4%, Goodrich Petroleum ( GDP), up 16.2%, and Recovery Energy ( RECV), up 13.1%, were all gainers within the energy industry with Chesapeake Energy ( CHK) being today's featured energy industry leader.

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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