3 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 47 points (0.3%) at 15,382 as of Tuesday, May 21, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,570 issues advancing vs. 1,367 declining with 136 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Ecopetrol S.A ( EC), up 1.63. Top gainers within the industry include Enterprise Products Partners ( EPD), up 1.6%, Enbridge ( ENB), up 1.4%, Royal Dutch Shell ( RDS.A), up 1.0%, Total ( TOT), up 1.0% and Petroleo Brasileiro SA Petrobras ( PBR), up 0.9%.

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 $0.81 (-0.6%) to $127.45 on light volume Thus far, 30,851 shares of PetroChina exchanged hands as compared to its average daily volume of 100,300 shares. The stock has ranged in price between $126.42-$127.59 after having opened the day at $126.89 as compared to the previous trading day's close of $128.26.

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 $232.2 billion and is part of the basic materials sector. The company has a P/E ratio of 201.4, above the S&P 500 P/E ratio of 17.7. Shares are down 10.8% year to date as of the close of trading on Monday.

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, Eni SpA ( E) is down $0.26 (-0.5%) to $47.53 on heavy volume Thus far, 970,364 shares of Eni SpA exchanged hands as compared to its average daily volume of 408,800 shares. The stock has ranged in price between $46.97-$47.62 after having opened the day at $47.29 as compared to the previous trading day's close of $47.79.

Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. Eni SpA has a market cap of $89.0 billion and is part of the basic materials sector. The company has a P/E ratio of 5.0, below the S&P 500 P/E ratio of 17.7. Shares are down 2.7% year to date as of the close of trading on Monday.

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

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1. As of noon trading, Halliburton Company ( HAL) is down $0.48 (-1.1%) to $45.07 on heavy volume Thus far, 10.2 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 11.5 million shares. The stock has ranged in price between $43.90-$45.75 after having opened the day at $45.58 as compared to the previous trading day's close of $45.55.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $42.2 billion and is part of the basic materials sector. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 31.3% year to date as of the close of trading on Monday.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Halliburton Company 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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