PTR, HES And CHK, 3 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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 1 points (0.0%) at 15,277 as of Thursday, May 16, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,398 issues advancing vs. 1,509 declining with 138 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is down 0.10. On the negative front, top decliners within the industry include Statoil ASA ( STO), down 0.98, and Total ( TOT), down 0.82. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras ( PBR), up 1.13.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. PetroChina ( PTR) is one of the companies pushing the Energy industry lower today. As of noon trading, PetroChina is down $2.00 (-1.6%) to $126.69 on light volume Thus far, 36,280 shares of PetroChina exchanged hands as compared to its average daily volume of 101,800 shares. The stock has ranged in price between $126.18-$126.96 after having opened the day at $126.66 as compared to the previous trading day's close of $128.69.

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 $235.9 billion and is part of the basic materials sector. The company has a P/E ratio of 204.6, above the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year to date as of the close of trading on Wednesday.

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 sub par growth in net income. Get the full PetroChina Ratings Report now.

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2. As of noon trading, Hess ( HES) is down $2.05 (-2.9%) to $68.55 on heavy volume Thus far, 7.0 million shares of Hess exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $68.00-$70.95 after having opened the day at $70.95 as compared to the previous trading day's close of $70.60.

Hess Corporation, together with its subsidiaries, operates as an independent energy company worldwide. It operates in two segments, Exploration and Production (E&P), and Marketing and Refining (M&R). Hess has a market cap of $24.8 billion and is part of the basic materials sector. The company has a P/E ratio of 9.2, below the S&P 500 P/E ratio of 17.7. Shares are up 33.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Hess as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Hess Ratings Report now.

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1. As of noon trading, Chesapeake Energy ( CHK) is down $0.52 (-2.5%) to $20.14 on average volume Thus far, 7.7 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 12.0 million shares. The stock has ranged in price between $19.92-$20.33 after having opened the day at $20.24 as compared to the previous trading day's close of $20.66.

Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services. Chesapeake Energy has a market cap of $13.8 billion and is part of the basic materials sector. Shares are up 24.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Chesapeake Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Chesapeake Energy 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 3 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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