Schlumberger NV (SLB): 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.

Schlumberger ( SLB) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Schlumberger fell $2.92 (-3.1%) to $89.81 on average volume. Throughout the day, 7,199,467 shares of Schlumberger exchanged hands as compared to its average daily volume of 5,934,800 shares. The stock ranged in price between $89.50-$92.70 after having opened the day at $92.46 as compared to the previous trading day's close of $92.73. Other companies within the Energy industry that declined today were: Recon Technology ( RCON), down 16.9%, Basic Energy Services ( BAS), down 8.3%, Rocket Fuel ( FUEL), down 6.2% and VOC Energy ( VOC), down 6.1%.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $119.9 billion and is part of the basic materials sector. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7. Shares are up 33.8% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Harvest Natural Resources ( HNR), up 20.6%, Camac Energy ( CAK), up 19.8%, Genie Energy Ltd Class B ( GNE), up 10.3% and Miller Energy Resources ( MILL), up 6.6% , were all gainers within the energy industry with Kinder Morgan ( KMI) 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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