5 Stocks Pulling The Energy Industry Downward

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 46 points (-0.3%) at 14,513 as of Wednesday, March 27, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,149 issues advancing vs. 1,749 declining with 144 unchanged.

The Energy industry currently sits down 0.3% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Eni SpA ( E), down 2.1%, Total ( TOT), down 1.5%, Tenaris ( TS), down 1.4% and Royal Dutch Shell ( RDS.B), down 0.7%. A company within the industry that increased today was National Oilwell Varco ( NOV), up 1.7%.

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

5. Ecopetrol S.A ( EC) is one of the companies pushing the Energy industry lower today. As of noon trading, Ecopetrol S.A is down $0.44 (-0.8%) to $54.91 on light volume Thus far, 147,523 shares of Ecopetrol S.A exchanged hands as compared to its average daily volume of 494,900 shares. The stock has ranged in price between $54.60-$55.17 after having opened the day at $55.17 as compared to the previous trading day's close of $55.35.

Ecopetrol S.A., an integrated oil company, engages in the exploration, development, and production of crude oil and natural gas. As of December 31, 2011, its proved reserves of crude oil and natural gas totaled 1,856.7 million barrels of oil equivalent. Ecopetrol S.A has a market cap of $112.1 billion and is part of the basic materials sector. The company has a P/E ratio of 9.1, below the S&P 500 P/E ratio of 17.7. Shares are down 7.2% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Ecopetrol S.A a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ecopetrol S.A as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Ecopetrol S.A Ratings Report now.

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