Suncor Energy Inc (SU): 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.

Suncor Energy ( SU) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Suncor Energy fell $0.42 (-1.3%) to $31.65 on heavy volume. Throughout the day, 7,687,510 shares of Suncor Energy exchanged hands as compared to its average daily volume of 3,756,400 shares. The stock ranged in price between $31.30-$31.90 after having opened the day at $31.71 as compared to the previous trading day's close of $32.07. Other companies within the Energy industry that declined today were: Rocket Fuel ( FUEL), down 6.6%, Global Geophysical Services ( GGS), down 6.1%, Recon Technology ( RCON), down 5.8% and PrimeEnergy ( PNRG), down 5.4%.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $48.5 billion and is part of the basic materials sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are down 8.5% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Suncor Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, 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.

On the positive front, Clayton Williams Energy ( CWEI), up 11.5%, FX Energy ( FXEN), up 8.7%, Star Gas Partners L.P ( SGU), up 7.7% and Quicksilver Resources ( KWK), up 7.1% , were all gainers within the energy industry with Williams Companies ( WMB) 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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