EPD, KMI, BHI, PSX And HAL, Pushing Energy Industry Downward

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 68 points (0.4%) at 15,371 as of Thursday, May 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,814 issues advancing vs. 1,135 declining with 104 unchanged.

The Energy industry currently sits down 0.38 versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include Boardwalk Pipeline Partners ( BWP), down 4.84, Energy Transfer Equity ( ETE), down 2.14 and Plains All American Pipeline ( PAA), down 1.98.

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

5. Enterprise Products Partners ( EPD) is one of the companies pushing the Energy industry lower today. As of noon trading, Enterprise Products Partners is down $1.34 (-2.2%) to $60.09 on heavy volume Thus far, 1.7 million shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $59.34-$61.26 after having opened the day at $61.16 as compared to the previous trading day's close of $61.43.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $56.9 billion and is part of the basic materials sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 24.7% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Enterprise Products Partners Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Kinder Morgan ( KMI) is down $0.87 (-2.2%) to $38.71 on average volume Thus far, 1.5 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $38.60-$39.75 after having opened the day at $39.54 as compared to the previous trading day's close of $39.58.

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 $41.9 billion and is part of the basic materials sector. The company has a P/E ratio of 66.3, above the S&P 500 P/E ratio of 17.7. Shares are up 14.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Baker Hughes ( BHI) is down $1.02 (-2.1%) to $46.39 on heavy volume Thus far, 2.9 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $45.86-$46.97 after having opened the day at $46.24 as compared to the previous trading day's close of $47.41.

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 $21.1 billion and is part of the basic materials sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Baker Hughes a buy, 1 analyst rates it a sell, and 16 rate it a hold.

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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Phillips 66 ( PSX) is down $0.86 (-1.3%) to $65.98 on light volume Thus far, 1.5 million shares of Phillips 66 exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $65.68-$66.71 after having opened the day at $66.35 as compared to the previous trading day's close of $66.84.

Phillips 66 operates as an independent downstream energy company. The company operates in three segments: Refining and Marketing (R&M), Midstream, and Chemicals. Phillips 66 has a market cap of $41.2 billion and is part of the basic materials sector. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7. Shares are up 25.3% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Phillips 66 a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Phillips 66 as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Phillips 66 Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Halliburton Company ( HAL) is down $0.82 (-1.9%) to $42.75 on heavy volume Thus far, 10.1 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 $42.03-$43.06 after having opened the day at $42.56 as compared to the previous trading day's close of $43.57.

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 $40.4 billion and is part of the basic materials sector. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 25.6% year to date as of the close of trading on Wednesday. Currently there are 22 analysts that rate Halliburton Company a buy, no analysts rate it a sell, and 4 rate it a hold.

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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 4 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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