Petroleo Brasileiro SA Petrobras (PBR): 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.

Petroleo Brasileiro SA Petrobras ( PBR) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Petroleo Brasileiro SA Petrobras fell $0.38 (-2.7%) to $13.75 on average volume. Throughout the day, 18,025,386 shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 18,484,500 shares. The stock ranged in price between $13.75-$14.22 after having opened the day at $14.10 as compared to the previous trading day's close of $14.13. Other companies within the Energy industry that declined today were: Aegean Marine Petroleum Network ( ANW), down 9.4%, Ivanhoe Energy ( IVAN), down 9.0%, GeoPetro Resources Company ( GPR), down 8.9% and Houston American Energy Corporation ( HUSA), down 6.2%.

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 $94.1 billion and is part of the basic materials sector. Shares are down 27.4% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 7 rate it a hold.

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 disappointing return on equity, poor profit margins and weak operating cash flow.

On the positive front, Lone Pine Resources ( LPR), up 26.3%, Renewable Energy Group ( REGI), up 11.8%, Goodrich Petroleum ( GDP), up 11.1% and Miller Energy Resources ( MILL), up 6.8% , 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

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2