Transocean Ltd (RIG): 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.

Transocean ( RIG) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Transocean fell $1.07 (-2.2%) to $47.51 on heavy volume. Throughout the day, 4,427,773 shares of Transocean exchanged hands as compared to its average daily volume of 2,673,600 shares. The stock ranged in price between $47.24-$48.50 after having opened the day at $48.50 as compared to the previous trading day's close of $48.58. Other companies within the Energy industry that declined today were: Lone Pine Resources ( LPR), down 27.3%, GMX Resources ( GMXRQ), down 13.2%, SMF Energy Corporation ( FUEL), down 11.1% and Triangle Petroleum ( TPLM), down 9.6%.

Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services, as well as logistics services. Transocean has a market cap of $17.5 billion and is part of the basic materials sector. Shares are up 8.6% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Transocean a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Transocean as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the positive front, New Concept Energy ( GBR), up 32.2%, Willbros Group ( WG), up 19.6%, GeoPetro Resources Company ( GPR), up 14.0% and Samson Oil & Gas ( SSN), up 9.6% , were all gainers within the energy industry with Statoil ASA ( STO) 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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