5 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 13,964 as of Thursday, Feb. 14, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,524 declining with 153 unchanged.

The Energy industry currently sits up 0.3% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Encana ( ECA), down 5.0%, Total ( TOT), down 2.8%, Eni SpA ( E), down 2.4%, Cenovus Energy ( CVE), down 2.6% and Canadian Natural Resources ( CNQ), down 1.6%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Suncor Energy ( SU) is one of the companies pushing the Energy industry lower today. As of noon trading, Suncor Energy is down $0.46 (-1.4%) to $32.20 on light volume Thus far, 1.0 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $32.20-$32.74 after having opened the day at $32.74 as compared to the previous trading day's close of $32.66.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $49.8 billion and is part of the basic materials sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Suncor Energy 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, feeble growth in the company's earnings per share and deteriorating net income. Get the full Suncor Energy Ratings Report now.

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