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 64 points (0.5%) at 13,945 as of Friday, Feb. 22, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,966 issues advancing vs. 866 declining with 154 unchanged.

The Energy industry currently sits up 0.6% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Energy Transfer Equity ( ETE), up 2.4%, Anadarko Petroleum ( APC), up 1.2%, PetroChina ( PTR), up 1.0%, Ecopetrol S.A ( EC), up 1.0% and Eni SpA ( E), up 0.8%.

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

3. World Fuel Services Corporation ( INT) is one of the companies pushing the Energy industry lower today. As of noon trading, World Fuel Services Corporation is down $4.48 (-10.2%) to $39.50 on heavy volume Thus far, 868,506 shares of World Fuel Services Corporation exchanged hands as compared to its average daily volume of 286,800 shares. The stock has ranged in price between $38.51-$42.44 after having opened the day at $42.00 as compared to the previous trading day's close of $43.98.

World Fuel Services Corporation, a fuel logistics company, engages in marketing, selling, and distributing aviation, marine, and land fuel products and related services worldwide. The company operates in three segments: Aviation, Marine, and Land. World Fuel Services Corporation has a market cap of $3.2 billion and is part of the basic materials sector. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Thursday. Currently there are no analysts that rate World Fuel Services Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates World Fuel Services Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full World Fuel Services Corporation Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, Statoil ASA ( STO) is down $0.15 (-0.6%) to $25.20 on heavy volume Thus far, 1.5 million shares of Statoil ASA exchanged hands as compared to its average daily volume of 837,200 shares. The stock has ranged in price between $25.03-$25.20 after having opened the day at $25.09 as compared to the previous trading day's close of $25.35.

Statoil ASA, an integrated energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $81.8 billion and is part of the basic materials sector. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Statoil ASA Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Ensco PLC Class A ( ESV) is down $0.82 (-1.3%) to $61.41 on average volume Thus far, 1.1 million shares of Ensco PLC Class A exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $60.76-$62.64 after having opened the day at $62.46 as compared to the previous trading day's close of $62.23.

Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. Ensco PLC Class A has a market cap of $14.7 billion and is part of the basic materials sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Ensco PLC Class A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ensco PLC Class A as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Ensco PLC Class A Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you are interested in one of these 5 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.

null

More from Markets

Short Seller Chanos Slams Tesla's Musk, Accuses Him of 'Incinerating' Capital

Short Seller Chanos Slams Tesla's Musk, Accuses Him of 'Incinerating' Capital

Stocks Rise, Nasdaq Jumps as Facebook Rallies

Stocks Rise, Nasdaq Jumps as Facebook Rallies

AMD Shares Explode After Solid Q1, Robust Outlook That Defies Chip Sector Gloom

AMD Shares Explode After Solid Q1, Robust Outlook That Defies Chip Sector Gloom

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Earnings, Earnings and More Earnings - Your Midweek Update From Facebook to Ford

Earnings, Earnings and More Earnings - Your Midweek Update From Facebook to Ford