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 WPX Energy Inc A (
WPX) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.7%. By the end of trading, WPX Energy Inc A fell $0.36 (-2.2%) to $16.02 on light volume. Throughout the day, 2,129,961 shares of WPX Energy Inc A exchanged hands as compared to its average daily volume of 3,337,400 shares. The stock ranged in price between $15.68-$16.40 after having opened the day at $16.28 as compared to the previous trading day's close of $16.38. Other companies within the Energy industry that declined today were:
GeoPetro Resources Company (
GPR), down 14.3%,
Andatee China Marine Fuel Services Corporat (
AMCF), down 8.8%,
Barnwell Industries (
BRN), down 7.1% and
Houston American Energy Corporation (
HUSA), down 5.1%.
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WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties. WPX Energy Inc A has a market cap of $3.3 billion and is part of the basic materials sector. Shares are up 10.1% year to date as of the close of trading on Friday.
TheStreet Ratings rates WPX Energy Inc A as a
hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, increase in stock price during the past year and growth in earnings per share. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.
On the positive front,
Constellation Energy Partners (
CEP), down 12.0%,
Cubic Energy (
QBC), down 10.3%,
Camac Energy (
CAK), down 8.2% and
Apco Oil and Gas International (
APAGF), down 7.4% , were all gainers within the energy industry with
Petroleo Brasileiro SA Petrobras (
PBR.A) 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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