Petroleo Brasileiro SA Petrobras (PBR): Today's Featured Energy Laggard

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.

Petroleo Brasileiro SA Petrobras ( PBR) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 3%. By the end of trading, Petroleo Brasileiro SA Petrobras fell 59 cents (-2.7%) to $21.38 on average volume. Throughout the day, 10.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 11.3 million shares. The stock ranged in price between $21.30-$21.79 after having opened the day at $21.74 as compared to the previous trading day's close of $21.97. Other companies within the Energy industry that declined today were: BMB Munai ( BMBM), down 19.4%, Petroquest Energy ( PQ), down 17.8%, Recon Technology ( RCON), down 12.6%, and Emerald Oil ( EOX), down 12.2%.
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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 $141.66 billion and is part of the basic materials sector. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 11.8% 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 hold. 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 a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

On the positive front, HyperDynamics Corporation ( HDY), up 13.5%, PostRock Energy ( PSTR), up 8.8%, Andatee China Marine Fuel Services Corporat ( AMCF), up 7.9%, and KiOR ( KIOR), up 7.5%, were all gainers within the energy industry with HollyFrontier ( HFC) 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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