4 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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 81 points (-0.5%) at 15,762 as of Thursday, Dec. 12, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,157 issues advancing vs. 1,771 declining with 147 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was BP ( BP), up 1.3%. Top gainers within the industry include Continental Resources ( CLR), up 2.6%, Pioneer Natural Resources Company ( PXD), up 1.5%, EOG Resources ( EOG), up 1.2%, Marathon Oil ( MRO), up 0.8% and ConocoPhillips ( COP), up 0.5%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Imperial Oil ( IMO) is one of the companies pushing the Energy industry lower today. As of noon trading, Imperial Oil is down $0.72 (-1.7%) to $42.51 on average volume. Thus far, 63,716 shares of Imperial Oil exchanged hands as compared to its average daily volume of 152,700 shares. The stock has ranged in price between $42.45-$43.33 after having opened the day at $43.05 as compared to the previous trading day's close of $43.23.

Imperial Oil Limited engages in the exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. Imperial Oil has a market cap of $37.2 billion and is part of the basic materials sector. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 2.0% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Imperial Oil a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Imperial Oil as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Imperial Oil 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.

3. As of noon trading, Cenovus Energy ( CVE) is down $0.44 (-1.5%) to $28.07 on average volume. Thus far, 597,880 shares of Cenovus Energy exchanged hands as compared to its average daily volume of 868,100 shares. The stock has ranged in price between $28.05-$28.53 after having opened the day at $28.51 as compared to the previous trading day's close of $28.51.

Cenovus Energy Inc., an integrated oil company, together with its subsidiaries, engages in the development, production, and marketing of bitumen, crude oil, natural gas, and natural gas liquids (NGLs) in Canada with refining operations in the United States. Cenovus Energy has a market cap of $22.2 billion and is part of the basic materials sector. The company has a P/E ratio of 38.2, above the S&P 500 P/E ratio of 17.7. Shares are down 12.2% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Cenovus Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cenovus Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full Cenovus Energy 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, Statoil ASA ( STO) is down $0.23 (-1.0%) to $22.53 on light volume. Thus far, 377,934 shares of Statoil ASA exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $22.52-$22.61 after having opened the day at $22.57 as compared to the previous trading day's close of $22.76.

Statoil ASA, an integrated energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $73.7 billion and is part of the basic materials sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Statoil ASA as a buy. Get the full Statoil ASA 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, Royal Dutch Shell PLC ADR Class A ( RDS.A) is down $0.67 (-1.0%) to $67.48 on heavy volume. Thus far, 2.0 million shares of Royal Dutch Shell PLC ADR Class A exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $67.48-$68.18 after having opened the day at $68.16 as compared to the previous trading day's close of $68.15.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell PLC ADR Class A has a market cap of $216.3 billion and is part of the basic materials sector. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Royal Dutch Shell PLC ADR Class A as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Royal Dutch Shell PLC ADR Class A 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 4 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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