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 was unchanged today. By the end of trading, Petroleo Brasileiro SA Petrobras fell 29 cents (-1.6%) to $18.28 on average volume. Throughout the day, 20.3 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 13.6 million shares. The stock ranged in price between $18.12-$18.37 after having opened the day at $18.31 as compared to the previous trading day's close of $18.57. Other companies within the Energy industry that declined today were: Zion Oil & Gas ( ZN), down 14.8%, GeoGlobal Resources ( GGR), down 11.3%, Energy XXI ( EXXI), down 8.2%, and Crimson Exploration ( CXPO), down 7.5%.
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Petroleo Brasileiro S.A. operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $127.25 billion and is part of the basic materials sector. The company has a P/E ratio of 6.3, below the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.

On the positive front, Core Laboratories N.V ( CLB), up 8.9%, Carbo Ceramics ( CRR), up 6.8%, Renewable Energy Group ( REGI), up 4.8%, and Berry Petroleum ( BRY), up 4.6%, were all gainers within the energy industry with Marathon Petroleum ( MPC) 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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