5 Stocks Pushing The Energy Industry Downward

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 56 points (-0.3%) at 15,939 as of Wednesday, Feb. 12, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,598 issues advancing vs. 1,323 declining with 154 unchanged.

The Energy industry currently sits up 0.5% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Spectra Energy ( SE), down 0.9%, Kinder Morgan Energy Partners ( KMP), down 1.0%, Petroleo Brasileiro SA Petrobras ( PBR.A), down 0.7% and Chevron ( CVX), down 0.6%. Top gainers within the industry include Talisman Energy ( TLM), up 3.7%, Energy Transfer Equity ( ETE), up 2.3%, Imperial Oil ( IMO), up 2.0%, Enbridge ( ENB), up 2.0% and Ecopetrol S.A ( EC), up 1.8%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Seadrill ( SDRL) is one of the companies pushing the Energy industry lower today. As of noon trading, Seadrill is down $1.37 (-3.7%) to $36.10 on heavy volume. Thus far, 3.2 million shares of Seadrill exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $35.90-$37.25 after having opened the day at $36.81 as compared to the previous trading day's close of $37.47.

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Tender Rigs. Seadrill has a market cap of $17.2 billion and is part of the basic materials sector. Shares are down 8.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Seadrill a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Seadrill as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Seadrill Ratings Report now.

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