Petroleo Brasileiro SA Petrobras (PBR.A): Today's Featured Energy Laggard

Petroleo Brasileiro SA Petrobras ( PBR.A) 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, Petroleo Brasileiro SA Petrobras fell $0.26 (-1.9%) to $13.75 on average volume. Throughout the day, 8,690,451 shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7,922,000 shares. The stock ranged in price between $13.71-$14.10 after having opened the day at $13.84 as compared to the previous trading day's close of $14.01. Other companies within the Energy industry that declined today were: Gastar Exploration ( GST), down 5.5%, Linn Energy ( LINE), down 4.6%, EPL Oil & Gas ( EPL), down 4.4% and Lucas Energy ( LEI), down 3.8%.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $87.8 billion and is part of the basic materials sector. Shares are down 30.3% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, InterOil Corporation ( IOC), up 10.1%, BPZ Resources ( BPZ), up 5.1%, Alon USA Partners ( ALDW), up 4.9% and Western Refining ( WNR), up 4.2% , were all gainers within the energy industry with Halliburton Company ( HAL) 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.

null

More from Markets

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs