Suncor Energy Inc (SU): Today's Featured Energy Laggard

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

Suncor Energy ( SU) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Suncor Energy fell $0.39 (-1.2%) to $31.97 on average volume. Throughout the day, 4,228,885 shares of Suncor Energy exchanged hands as compared to its average daily volume of 4,821,300 shares. The stock ranged in price between $31.84-$32.48 after having opened the day at $32.11 as compared to the previous trading day's close of $32.36. Other companies within the Energy industry that declined today were: Sonde Resources ( SOQ), down 7.5%, Kosmos Energy ( KOS), down 6.5%, Hercules Offshore ( HERO), down 5.3% and Whiting USA Trust I ( WHX), down 5.1%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $48.4 billion and is part of the basic materials sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Suncor Energy 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 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.

On the positive front, FX Energy ( FXEN), down 38.0%, BMB Munai ( BMBM), down 31.6%, Torch Energy Royalty ( TRU), down 30.4% and GeoPetro Resources Company ( GPR), down 13.3% , were all gainers within the energy industry with Energy Transfer Partners L.P ( ETP) 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).

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.

null

More from Markets

Asian Markets Decline in Morning Trading

Asian Markets Decline in Morning Trading

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Three Big Factors That Rocked the Stock Market Tuesday

Three Big Factors That Rocked the Stock Market Tuesday

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call