3 Stocks Dragging In The Energy Industry

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 188 points (1.2%) at 16,291 as of Monday, Feb. 24, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,259 issues advancing vs. 706 declining with 145 unchanged.

The Energy industry currently sits up 1.6% versus the S&P 500, which is up 1.1%. A company within the industry that fell today was PetroChina ( PTR), up 1.7%. Top gainers within the industry include Noble Energy ( NBL), up 5.4%, Continental Resources ( CLR), up 4.9%, Phillips 66 ( PSX), up 3.5%, Baker Hughes ( BHI), up 3.2% and ConocoPhillips ( COP), up 2.9%.

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 $0.67 (-0.8%) to $83.63 on light volume. Thus far, 50,702 shares of China Petroleum & Chemical Corporation exchanged hands as compared to its average daily volume of 165,800 shares. The stock has ranged in price between $83.08-$83.71 after having opened the day at $83.31 as compared to the previous trading day's close of $84.30.

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 $101.0 billion and is part of the basic materials sector. Shares are up 5.5% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate China Petroleum & Chemical Corporation a buy, 1 analyst rates it a sell, and none rate 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, Kinder Morgan Energy Partners ( KMP) is down $3.00 (-3.8%) to $75.44 on heavy volume. Thus far, 5.7 million shares of Kinder Morgan Energy Partners exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $73.25-$76.00 after having opened the day at $75.73 as compared to the previous trading day's close of $78.44.

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. Kinder Morgan Energy Partners has a market cap of $24.6 billion and is part of the basic materials sector. Shares are down 2.6% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate Kinder Morgan Energy Partners a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Kinder Morgan Energy Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Kinder Morgan Energy Partners 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, Kinder Morgan ( KMI) is down $0.62 (-1.9%) to $32.41 on heavy volume. Thus far, 12.3 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $31.45-$32.48 after having opened the day at $32.34 as compared to the previous trading day's close of $33.03.

Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company operates in six segments: Natural Gas Pipelines, Products Pipelines KMP, CO2 KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other. Kinder Morgan has a market cap of $34.4 billion and is part of the basic materials sector. Shares are down 8.2% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, growth in earnings per share, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Kinder Morgan 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 3 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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