Phillips 66 (PSX): Today's Featured Energy Laggard

Phillips 66 ( PSX) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole was unchanged today. By the end of trading, Phillips 66 fell $1.82 (-3.1%) to $57.08 on average volume. Throughout the day, 4,914,671 shares of Phillips 66 exchanged hands as compared to its average daily volume of 4,382,500 shares. The stock ranged in price between $56.61-$59.21 after having opened the day at $58.90 as compared to the previous trading day's close of $58.90. Other companies within the Energy industry that declined today were: Linn Energy ( LINE), down 18.7%, LinnCo ( LNCO), down 16.6%, BMB Munai ( BMBM), down 13.8% and BreitBurn Energy Partners ( BBEP), down 12.1%.

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 $36.5 billion and is part of the basic materials sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Monday. 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 notable return on equity, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, PrimeEnergy ( PNRG), up 18.1%, Samson Oil & Gas ( SSN), up 11.5%, PostRock Energy ( PSTR), up 10.3% and Tenaris ( TS), up 9.1% , were all gainers within the energy industry with Devon Energy ( DVN) 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).

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