4 Stocks Dragging In The Energy Industry

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

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 31 points (-0.2%) at 14,506 as of Friday, April 19, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,094 issues advancing vs. 778 declining with 149 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is up 0.7%. Top gainers within the industry include PetroChina ( PTR), up 1.8%, Statoil ASA ( STO), up 1.6% and Ecopetrol S.A ( EC), up 0.6%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Suncor Energy ( SU) is one of the companies pushing the Energy industry lower today. As of noon trading, Suncor Energy is down $0.46 (-1.7%) to $27.15 on average volume Thus far, 1.6 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $27.10-$27.67 after having opened the day at $27.56 as compared to the previous trading day's close of $27.61.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $41.5 billion and is part of the basic materials sector. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are down 16.3% year to date as of the close of trading on Thursday.

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. Get the full Suncor Energy Ratings Report now.

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3. As of noon trading, Devon Energy ( DVN) is down $1.41 (-2.7%) to $51.69 on average volume Thus far, 2.1 million shares of Devon Energy exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $51.68-$53.44 after having opened the day at $53.36 as compared to the previous trading day's close of $53.10.

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 $21.4 billion and is part of the basic materials sector. Shares are up 2.0% year to date as of the close of trading on Thursday.

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, Apache Corporation ( APA) is down $1.74 (-2.5%) to $69.08 on heavy volume Thus far, 2.8 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $68.93-$71.30 after having opened the day at $71.25 as compared to the previous trading day's close of $70.82.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $28.0 billion and is part of the basic materials sector. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7. Shares are down 9.8% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Apache Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Apache Corporation Ratings Report now.

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1. As of noon trading, Schlumberger ( SLB) is down $0.93 (-1.3%) to $70.07 on heavy volume Thus far, 7.6 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $69.30-$73.70 after having opened the day at $73.70 as compared to the previous trading day's close of $71.00.

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 $94.5 billion and is part of the basic materials sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Thursday.

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.

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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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