Suncor Energy Inc (SU): 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.

Suncor Energy ( SU) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Suncor Energy fell 47 cents (-1.5%) to $30.35 on average volume. Throughout the day, 4.5 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in price between $30.32-$30.85 after having opened the day at $30.79 as compared to the previous trading day's close of $30.82. Other companies within the Energy industry that declined today were: BMB Munai ( BMBM), down 17.2%, Gasco Energy ( GSX), down 10%, CVR Energy ( CVI), down 8.3%, and Endeavour International ( END), down 7.8%.
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Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $46.87 billion and is part of the basic materials sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year to date as of the close of trading on Tuesday. 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. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the positive front, HyperDynamics Corporation ( HDY), up 8.9%, GeoPetro Resources Company ( GPR), up 8.3%, Cubic Energy ( QBC), up 6.9%, and Midstates Petroleum ( MPO), up 6.5%, were all gainers within the energy industry with Ensco PLC Class A ( ESV) 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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