5 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 up 4 points (0.0%) at 14,823 as of Tuesday, April 30, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,672 issues advancing vs. 1,218 declining with 158 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is unchanged. A company within the industry that fell today was Petroleo Brasileiro SA Petrobras ( PBR.A), up 0.93. Top gainers within the industry include Oil States International ( OIS), up 16.8%, Statoil ASA ( STO), up 2.2% and Royal Dutch Shell ( RDS.A), up 0.8%.

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

5. Imperial Oil ( IMO) is one of the companies pushing the Energy industry lower today. As of noon trading, Imperial Oil is down $0.54 (-1.4%) to $39.05 on average volume Thus far, 171,846 shares of Imperial Oil exchanged hands as compared to its average daily volume of 294,900 shares. The stock has ranged in price between $38.80-$39.53 after having opened the day at $39.53 as compared to the previous trading day's close of $39.59.

Imperial Oil Limited engages in the exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. Imperial Oil has a market cap of $33.6 billion and is part of the basic materials sector. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are down 7.7% year to date as of the close of trading on Monday.

TheStreet Ratings rates Imperial Oil as a buy. 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Imperial Oil Ratings Report now.

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