5 Stocks Pushing The Energy 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 15,304 as of Thursday, May 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 979 issues advancing vs. 1,985 declining with 110 unchanged.

The Energy industry currently sits down 0.53 versus the S&P 500, which is down 0.37. On the negative front, top decliners within the industry include Apache Corporation ( APA), down 2.65, Energy Transfer Partners L.P ( ETP), down 2.19, Plains All American Pipeline ( PAA), down 1.90, Halliburton Company ( HAL), down 1.95 and Enterprise Products Partners ( EPD), down 1.20.

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

5. Kinder Morgan ( KMI) is one of the companies pushing the Energy industry lower today. As of noon trading, Kinder Morgan is down $0.64 (-1.6%) to $40.36 on average volume Thus far, 2.1 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $40.15-$40.63 after having opened the day at $40.59 as compared to the previous trading day's close of $40.99.

Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company operates in six segments: Natural Gas Pipelines, Products Pipelines KMP, CO2 KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other. Kinder Morgan has a market cap of $42.6 billion and is part of the basic materials sector. The company has a P/E ratio of 67.4, above the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Kinder Morgan as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Kinder Morgan Ratings Report now.

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4. As of noon trading, Baker Hughes ( BHI) is down $0.76 (-1.6%) to $46.64 on average volume Thus far, 1.6 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $46.16-$47.01 after having opened the day at $46.57 as compared to the previous trading day's close of $47.40.

Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $21.2 billion and is part of the basic materials sector. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7. Shares are up 17.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Baker Hughes as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Baker Hughes Ratings Report now.

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3. As of noon trading, Devon Energy ( DVN) is down $0.90 (-1.5%) to $58.25 on heavy volume Thus far, 3.4 million shares of Devon Energy exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $57.29-$58.68 after having opened the day at $57.91 as compared to the previous trading day's close of $59.15.

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs). Devon Energy has a market cap of $24.4 billion and is part of the basic materials sector. Shares are up 15.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Devon Energy as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Devon Energy Ratings Report now.

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2. As of noon trading, Anadarko Petroleum ( APC) is down $0.86 (-1.0%) to $88.35 on average volume Thus far, 1.5 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $86.96-$89.06 after having opened the day at $87.69 as compared to the previous trading day's close of $89.21.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $45.8 billion and is part of the basic materials sector. The company has a P/E ratio of 66.7, above the S&P 500 P/E ratio of 17.7. Shares are up 23.0% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Anadarko Petroleum Ratings Report now.

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1. As of noon trading, Schlumberger ( SLB) is down $0.83 (-1.1%) to $74.75 on average volume Thus far, 3.5 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $73.82-$75.07 after having opened the day at $74.44 as compared to the previous trading day's close of $75.58.

Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $102.5 billion and is part of the basic materials sector. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are up 9.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Schlumberger 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, unimpressive growth in net income and disappointing return on equity. Get the full Schlumberger 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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