Energy Industry's Featured Straggler Of The Day: BP PLC (BP)

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.

BP ( BP) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.4%. By the end of trading, BP fell 62 cents (-1.5%) to $41.28 on average volume. Throughout the day, six million shares of BP exchanged hands as compared to its average daily volume of 7.1 million shares. The stock ranged in price between $41.18-$41.61 after having opened the day at $41.45 as compared to the previous trading day's close of $41.90. Other companies within the Energy industry that declined today were: Genie Energy ( GNE), down 13.1%, Midstates Petroleum ( MPO), down 9.6%, Royale Energy ( ROYL), down 8.2%, and Global Geophysical Services ( GGS), down 7.5%.
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BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. BP has a market cap of $134.4 billion and is part of the basic materials sector. The company has a P/E ratio of 421.4, above the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate BP a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates BP as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, GeoPetro Resources Company ( GPR), up 12.5%, Torch Energy Royalty ( TRU), up 12.1%, Gastar Exploration ( GST), up 5.1%, and Alon USA Energy ( ALJ), up 5%, were all gainers within the energy industry with Valero Energy Corporation ( VLO) 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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