Halliburton Company (HAL): 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.

Halliburton Company ( HAL) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Halliburton Company fell $0.65 (-1.3%) to $49.91 on average volume. Throughout the day, 9,394,806 shares of Halliburton Company exchanged hands as compared to its average daily volume of 8,113,000 shares. The stock ranged in price between $49.73-$50.75 after having opened the day at $50.70 as compared to the previous trading day's close of $50.56. Other companies within the Energy industry that declined today were: Genie Energy Ltd Class B ( GNE), down 22.9%, New Concept Energy ( GBR), down 16.1%, Newfield Exploration Company ( NFX), down 8.0% and Lilis Energy ( LLEX), down 5.7%.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $42.8 billion and is part of the basic materials sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are up 45.8% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Global Geophysical Services ( GGS), up 12.8%, Double Eagle Petroleum Company ( DBLE), up 12.1%, InterOil Corporation ( IOC), up 10.1% and Alon USA Energy ( ALJ), up 7.4% , were all gainers within the energy industry with Range Resources Corporation ( RRC) 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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