3 Stocks Pushing 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 54 points (-0.3%) at 16,409 as of Thursday, Jan. 9, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,224 issues advancing vs. 1,713 declining with 144 unchanged.

The Energy industry currently sits up 0.4% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Exxon Mobil Corporation ( XOM), up 0.9%. Top gainers within the industry include Tenaris ( TS), up 4.1%, EOG Resources ( EOG), up 0.9% and BP ( BP), up 0.5%.

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

3. China Petroleum & Chemical Corporation ( SNP) is one of the companies pushing the Energy industry lower today. As of noon trading, China Petroleum & Chemical Corporation is down $1.59 (-2.1%) to $74.64 on heavy volume. Thus far, 91,675 shares of China Petroleum & Chemical Corporation exchanged hands as compared to its average daily volume of 113,500 shares. The stock has ranged in price between $74.40-$76.07 after having opened the day at $75.05 as compared to the previous trading day's close of $76.23.

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, engages in the oil and gas, and chemical operations in the People's Republic of China. China Petroleum & Chemical Corporation has a market cap of $89.8 billion and is part of the basic materials sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are down 7.2% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates China Petroleum & Chemical Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates China Petroleum & Chemical Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full China Petroleum & Chemical Corporation 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, PetroChina ( PTR) is down $1.30 (-1.2%) to $102.69 on average volume. Thus far, 77,221 shares of PetroChina exchanged hands as compared to its average daily volume of 151,400 shares. The stock has ranged in price between $102.39-$103.77 after having opened the day at $103.74 as compared to the previous trading day's close of $103.99.

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 $191.6 billion and is part of the basic materials sector. The company has a P/E ratio of 166.2, above the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate PetroChina a buy, 1 analyst rates it a sell, and 1 rates 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, attractive valuation levels, increase in net income and growth in earnings per share. 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.

1. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR) is down $0.14 (-1.1%) to $12.54 on average volume. Thus far, 8.0 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 16.7 million shares. The stock has ranged in price between $12.50-$12.73 after having opened the day at $12.65 as compared to the previous trading day's close of $12.68.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $84.1 billion and is part of the basic materials sector. The company has a P/E ratio of 7.6, below the S&P 500 P/E ratio of 17.7. Shares are down 8.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras 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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