Nabors Industries Ltd (NBR): 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.

Nabors Industries ( NBR) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Nabors Industries fell $0.18 (-1.1%) to $15.96 on light volume. Throughout the day, 2,701,358 shares of Nabors Industries exchanged hands as compared to its average daily volume of 3,744,200 shares. The stock ranged in price between $15.90-$16.24 after having opened the day at $16.14 as compared to the previous trading day's close of $16.14. Other companies within the Energy industry that declined today were: Constellation Energy Partners ( CEP), down 16.3%, KiOR ( KIOR), down 13.4%, Harvest Natural Resources ( HNR), down 4.7% and Buckeye Partners L.P ( BPL), down 3.9%.

Nabors Industries Ltd., together with its subsidiaries, operates as a land drilling contractor in the United States, Canada, and internationally. Nabors Industries has a market cap of $4.6 billion and is part of the basic materials sector. Shares are up 11.7% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Nabors Industries a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Nabors Industries as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, Mexco Energy Corporation ( MXC), up 12.7%, Recovery Energy ( RECV), up 9.0%, Gastar Exploration ( GST), up 7.7% and Jones Energy Inc Class A ( JONE), up 7.6% , were all gainers within the energy industry with Suncor Energy ( SU) 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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