Enbridge Inc. (ENB): 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.

Enbridge ( ENB) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Enbridge fell $0.50 (-1.2%) to $42.53 on average volume. Throughout the day, 843,006 shares of Enbridge exchanged hands as compared to its average daily volume of 862,800 shares. The stock ranged in price between $42.38-$43.01 after having opened the day at $43.01 as compared to the previous trading day's close of $43.03. Other companies within the Energy industry that declined today were: Ivanhoe Energy ( IVAN), down 8.9%, KiOR ( KIOR), down 8.7%, Barnwell Industries ( BRN), down 5.0% and PostRock Energy ( PSTR), down 3.8%.

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.

On the positive front, Magellan Petroleum Corporation ( MPET), up 8.7%, Basic Energy Services ( BAS), up 8.4%, Penn Virginia Corporation ( PVA), up 8.3% and Miller Energy Resources ( MILL), up 8.2% , were all gainers within the energy industry with EOG Resources ( EOG) 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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