3 Stocks Pulling 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 93 points (0.6%) at 15,285 as of Wednesday, Sept. 11, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,461 declining with 119 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Kinder Morgan ( KMI), down 2.1%, and Petroleo Brasileiro SA Petrobras ( PBR.A), down 0.7%. Top gainers within the industry include Statoil ASA ( STO), up 1.5%, EOG Resources ( EOG), up 1.4%, Royal Dutch Shell ( RDS.B), up 1.1%, Exxon Mobil Corporation ( XOM), up 0.9% and ConocoPhillips ( COP), up 0.8%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. PetroChina ( PTR) is one of the companies pushing the Energy industry lower today. As of noon trading, PetroChina is down $3.87 (-3.4%) to $110.64 on average volume. Thus far, 109,941 shares of PetroChina exchanged hands as compared to its average daily volume of 188,500 shares. The stock has ranged in price between $110.23-$111.45 after having opened the day at $111.32 as compared to the previous trading day's close of $114.51.

PetroChina Company Limited produces and sells oil and gas in the People's Republic of China. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. PetroChina has a market cap of $208.6 billion and is part of the basic materials sector. Shares are down 20.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate PetroChina a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates PetroChina as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PetroChina 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, Enbridge ( ENB) is down $0.64 (-1.5%) to $41.10 on average volume. Thus far, 370,514 shares of Enbridge exchanged hands as compared to its average daily volume of 969,400 shares. The stock has ranged in price between $40.97-$41.78 after having opened the day at $41.78 as compared to the previous trading day's close of $41.74.

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. Enbridge has a market cap of $34.4 billion and is part of the basic materials sector. Shares are down 3.6% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Enbridge a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enbridge as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full Enbridge 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, Enterprise Products Partners ( EPD) is down $0.85 (-1.4%) to $59.11 on light volume. Thus far, 446,117 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $58.91-$59.95 after having opened the day at $59.82 as compared to the previous trading day's close of $59.96.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $54.5 billion and is part of the basic materials sector. Shares are up 19.7% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels 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 Enterprise Products Partners 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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