PTR, CAM, DVN, NOV And SLB, 5 Energy Stocks Pushing The 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 22 points (-0.2%) at 14,556 as of Monday, April 1, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 762 issues advancing vs. 2,184 declining with 121 unchanged.

The Energy industry currently sits down 1.2% versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the industry include Transocean ( RIG), down 2.1%, Tenaris ( TS), down 2.1%, Baker Hughes ( BHI), down 2.0%, Valero Energy Corporation ( VLO), down 1.7% and Halliburton Company ( HAL), down 1.7%.

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

5. PetroChina ( PTR) is one of the companies pushing the Energy industry lower today. As of noon trading, PetroChina is down $1.77 (-1.4%) to $130.05 on light volume Thus far, 27,130 shares of PetroChina exchanged hands as compared to its average daily volume of 91,200 shares. The stock has ranged in price between $130.05-$131.66 after having opened the day at $131.66 as compared to the previous trading day's close of $131.82.

PetroChina Company Limited produces and sells oil and gas in the People's Republic of China. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. PetroChina has a market cap of $241.3 billion and is part of the basic materials sector. The company has a P/E ratio of 1.7, below the S&P 500 P/E ratio of 17.7. Shares are down 8.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate PetroChina a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates PetroChina as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PetroChina Ratings Report now.

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4. As of noon trading, Cameron International Corporation ( CAM) is down $1.57 (-2.4%) to $63.63 on average volume Thus far, 1.2 million shares of Cameron International Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $63.21-$65.20 after having opened the day at $65.06 as compared to the previous trading day's close of $65.20.

Cameron International Corporation provides flow equipment products, systems, and services worldwide. Cameron International Corporation has a market cap of $16.2 billion and is part of the basic materials sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 15.5% year to date as of the close of trading on Thursday. Currently there are 18 analysts that rate Cameron International Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cameron International Corporation 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Cameron International Corporation Ratings Report now.

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3. As of noon trading, Devon Energy ( DVN) is down $1.00 (-1.8%) to $55.42 on average volume Thus far, 1.6 million shares of Devon Energy exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $55.03-$56.27 after having opened the day at $56.19 as compared to the previous trading day's close of $56.42.

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs). Devon Energy has a market cap of $22.9 billion and is part of the basic materials sector. Shares are up 8.4% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Devon Energy a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Devon 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 deteriorating net income, disappointing return on equity and poor profit margins. Get the full Devon Energy Ratings Report now.

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2. As of noon trading, National Oilwell Varco ( NOV) is down $1.38 (-2.0%) to $69.37 on light volume Thus far, 1.5 million shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $69.04-$71.09 after having opened the day at $70.76 as compared to the previous trading day's close of $70.75.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. National Oilwell Varco has a market cap of $30.2 billion and is part of the basic materials sector. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7. Shares are up 3.5% year to date as of the close of trading on Thursday. Currently there are 18 analysts that rate National Oilwell Varco a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates National Oilwell Varco 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, impressive record of earnings per share growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full National Oilwell Varco Ratings Report now.

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1. As of noon trading, Schlumberger ( SLB) is down $1.17 (-1.6%) to $73.72 on average volume Thus far, 2.9 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $73.36-$75.23 after having opened the day at $75.08 as compared to the previous trading day's close of $74.89.

Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $99.7 billion and is part of the basic materials sector. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Thursday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Schlumberger as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Schlumberger Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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.

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