3 Stocks Pushing The Energy Industry Lower

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 17 points (0.1%) at 13,052 as of Thursday, Dec. 6, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,459 issues advancing vs. 1,413 declining with 145 unchanged.

The Energy industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Eni SpA ( E), down 2.0%, Apache Corporation ( APA), down 1.9%, Hess ( HES), down 1.8%, Continental Resources ( CLR), down 1.5% and Total ( TOT), down 0.8%. A company within the industry that increased today was Cabot Oil & Gas Corporation ( COG), up 2.5%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Tenaris ( TS) is one of the companies pushing the Energy industry lower today. As of noon trading, Tenaris is down $0.34 (-0.8%) to $39.48 on light volume Thus far, 407,743 shares of Tenaris exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $39.20-$39.62 after having opened the day at $39.36 as compared to the previous trading day's close of $39.82.

Tenaris S.A., through its subsidiaries, engages in the manufacture and sale of steel pipe products. Tenaris has a market cap of $23.3 billion and is part of the basic materials sector. The company has a P/E ratio of 34.9, above the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Tenaris a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Tenaris Ratings Report now.

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2. As of noon trading, Williams Companies ( WMB) is down $0.29 (-0.9%) to $31.99 on light volume Thus far, 1.4 million shares of Williams Companies exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $31.95-$32.41 after having opened the day at $32.24 as compared to the previous trading day's close of $32.28.

The Williams Companies, Inc. operates as an energy infrastructure company in the United States. Williams Companies has a market cap of $20.2 billion and is part of the basic materials sector. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Williams Companies Ratings Report now.

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1. As of noon trading, Anadarko Petroleum ( APC) is down $0.46 (-0.6%) to $74.28 on light volume Thus far, 987,599 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $73.86-$74.70 after having opened the day at $74.42 as compared to the previous trading day's close of $74.74.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids(NGLs) in the United States, Algeria, and internationally. Anadarko Petroleum has a market cap of $36.7 billion and is part of the basic materials sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are down 2.1% year to date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, expanding profit margins, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Anadarko Petroleum Ratings Report now.

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If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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