Weatherford International Ltd (WFT): Today's Featured Energy Winner

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.

Weatherford International ( WFT) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.4%. By the end of trading, Weatherford International rose 52 cents (4%) to $13.52 on heavy volume. Throughout the day, 29.3 million shares of Weatherford International exchanged hands as compared to its average daily volume of 10.3 million shares. The stock ranged in a price between $12.59-$13.66 after having opened the day at $13.20 as compared to the previous trading day's close of $13. Other companies within the Energy industry that increased today were: GeoPetro Resources Company ( GPR), up 10.3%, Union Drilling ( UDRL), up 10.1%, BMB Munai ( BMBM), up 10%, and Syntroleum Corporation ( SYNM), up 7.8%.
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Weatherford International Ltd. provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. Weatherford International has a market cap of $10.03 billion and is part of the basic materials sector. The company has a P/E ratio of 29.3, above the average energy industry P/E ratio of 24 and above the S&P 500 P/E ratio of 17.7. Shares are down 9.8% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Weatherford International a buy, three analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Weatherford International as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, Geokinetics ( GOK), down 12.7%, Longwei Petroleum Investment Holding Limite ( LPH), down 10.4%, Lucas Energy ( LEI), down 7.1%, and Magellan Petroleum Corporation ( MPET), down 6.8%, were all laggards within the energy industry with Enterprise Products Partners ( EPD) being today's energy industry laggard.

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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