5 Stocks Dragging The Energy Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 3 points (0.0%) at 15,545 as of Thursday, July 25, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,602 declining with 83 unchanged.

The Energy industry currently sits up 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include YPF Sociedad Anonima ( YPF), down 3.5%, National Oilwell Varco ( NOV), down 1.2%, Halliburton Company ( HAL), down 1.2%, Statoil ASA ( STO), down 0.9% and Noble Energy ( NBL), down 1.2%. Top gainers within the industry include Range Resources Corporation ( RRC), up 5.5%, Oceaneering International ( OII), up 4.2%, Encana ( ECA), up 2.2%, Marathon Petroleum ( MPC), up 1.9% and EOG Resources ( EOG), up 1.4%.

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

5. Newfield Exploration Company ( NFX) is one of the companies pushing the Energy industry lower today. As of noon trading, Newfield Exploration Company is down $1.41 (-5.3%) to $25.07 on heavy volume. Thus far, 3.5 million shares of Newfield Exploration Company exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $24.51-$25.99 after having opened the day at $25.81 as compared to the previous trading day's close of $26.48.

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its areas of operation include the Mid-Continent, the Rocky Mountains, and onshore Gulf Coast, as well as Malaysia and China. Newfield Exploration Company has a market cap of $3.6 billion and is part of the basic materials sector. Shares are up 0.4% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Newfield Exploration Company a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Newfield Exploration Company as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Newfield Exploration 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.

4. As of noon trading, Diamond Offshore Drilling ( DO) is down $2.98 (-4.2%) to $68.52 on heavy volume. Thus far, 1.4 million shares of Diamond Offshore Drilling exchanged hands as compared to its average daily volume of 922,900 shares. The stock has ranged in price between $68.17-$70.46 after having opened the day at $70.46 as compared to the previous trading day's close of $71.50.

Diamond Offshore Drilling, Inc. operates as an offshore oil and gas drilling contractor worldwide. It provides offshore drilling services in both the floater market, such as ultra-deepwater, deepwater, and mid-water; and in the non-floater and jack-up markets. Diamond Offshore Drilling has a market cap of $10.0 billion and is part of the basic materials sector. Shares are up 6.2% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Diamond Offshore Drilling a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Diamond Offshore Drilling as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Diamond Offshore Drilling 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, FMC Technologies ( FTI) is down $0.89 (-1.6%) to $55.22 on average volume. Thus far, 991,105 shares of FMC Technologies exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $54.70-$55.49 after having opened the day at $55.27 as compared to the previous trading day's close of $56.11.

FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. FMC Technologies has a market cap of $13.5 billion and is part of the basic materials sector. Shares are up 33.3% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate FMC Technologies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates FMC Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full FMC Technologies 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, Seadrill ( SDRL) is down $0.76 (-1.8%) to $41.79 on average volume. Thus far, 1.4 million shares of Seadrill exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $41.70-$42.44 after having opened the day at $42.12 as compared to the previous trading day's close of $42.55.

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Tender Rigs. Seadrill has a market cap of $20.3 billion and is part of the basic materials sector. Shares are up 17.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Seadrill a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Seadrill as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins and increase in stock price during the past year. 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 Seadrill 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, Cameron International Corporation ( CAM) is down $4.01 (-6.3%) to $59.56 on heavy volume. Thus far, 6.8 million shares of Cameron International Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $59.05-$60.79 after having opened the day at $60.46 as compared to the previous trading day's close of $63.57.

Cameron International Corporation provides flow equipment products, systems, and services worldwide. Cameron International Corporation has a market cap of $16.0 billion and is part of the basic materials sector. Shares are up 14.0% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Cameron International Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cameron International Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Cameron International Corporation 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 5 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).

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