4 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 64 points (0.4%) at 16,322 as of Tuesday, Jan. 14, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,125 issues advancing vs. 788 declining with 156 unchanged.

The Energy industry currently sits up 0.8% versus the S&P 500, which is up 0.7%. Top gainers within the industry include Cimarex Energy Company ( XEC), up 4.7%, Concho Resources ( CXO), up 3.4%, Pioneer Natural Resources Company ( PXD), up 2.6%, Continental Resources ( CLR), up 2.4% and EOG Resources ( EOG), up 2.0%.

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 $0.41 (-1.0%) to $41.37 on average volume. Thus far, 86,731 shares of Imperial Oil exchanged hands as compared to its average daily volume of 166,400 shares. The stock has ranged in price between $41.36-$41.69 after having opened the day at $41.64 as compared to the previous trading day's close of $41.78.

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 $35.9 billion and is part of the basic materials sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are down 5.5% year-to-date as of the close of trading on Monday. 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 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 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, YPF Sociedad Anonima ( YPF) is down $0.75 (-2.3%) to $31.50 on average volume. Thus far, 744,923 shares of YPF Sociedad Anonima exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $31.45-$32.87 after having opened the day at $32.84 as compared to the previous trading day's close of $32.25.

YPF SOCIEDAD ANONIMA, an energy company, engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG) in Argentina. YPF Sociedad Anonima has a market cap of $13.0 billion and is part of the basic materials sector. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. Shares are down 2.1% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates YPF Sociedad Anonima a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates YPF Sociedad Anonima as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, solid stock price performance, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full YPF Sociedad Anonima 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 $0.43 (-1.0%) to $42.60 on light volume. Thus far, 190,919 shares of Enbridge exchanged hands as compared to its average daily volume of 862,800 shares. The stock has ranged in price between $42.60-$43.01 after having opened the day at $43.01 as compared to the previous trading day's close of $43.03.

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 $35.9 billion and is part of the basic materials sector. The company has a P/E ratio of 41.6, above the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year-to-date as of the close of trading on Monday. Currently there are 6 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, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. 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, Canadian Natural Resources ( CNQ) is down $0.22 (-0.7%) to $32.83 on light volume. Thus far, 894,411 shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $32.62-$33.01 after having opened the day at $32.92 as compared to the previous trading day's close of $33.05.

Canadian Natural Resources Limited engages in the exploration, development, production and marketing of crude oil, natural gas liquids, and natural gas. Canadian Natural Resources has a market cap of $36.1 billion and is part of the basic materials sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year-to-date as of the close of trading on Monday. Currently there are 8 analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Canadian Natural Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Canadian Natural Resources 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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