Chevron Corp (CVX): Today's Featured Energy Laggard

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.

Chevron ( CVX) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Chevron fell $1.49 (-1.2%) to $124.95 on average volume. Throughout the day, 7,454,712 shares of Chevron exchanged hands as compared to its average daily volume of 6,003,900 shares. The stock ranged in price between $123.30-$125.10 after having opened the day at $124.87 as compared to the previous trading day's close of $126.44. Other companies within the Energy industry that declined today were: Samson Oil & Gas ( SSN), down 25.3%, Sonde Resources ( SOQ), down 8.9%, Lone Pine Resources ( LPR), down 8.1% and Ivanhoe Energy ( IVAN), down 7.8%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $244.0 billion and is part of the basic materials sector. Shares are up 16.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Chevron a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Chevron 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, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Dejour Energy ( DEJ), up 12.7%, Double Eagle Petroleum Company ( DBLE), up 10.7%, Dril-Quip ( DRQ), up 8.0% and KiOR ( KIOR), up 6.1% , were all gainers within the energy industry with Seadrill ( SDRL) 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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