Kinder Morgan Energy Partners LP (KMP): 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.

Kinder Morgan Energy Partners ( KMP) 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, Kinder Morgan Energy Partners fell $4.12 (-5.2%) to $74.32 on heavy volume. Throughout the day, 10,527,475 shares of Kinder Morgan Energy Partners exchanged hands as compared to its average daily volume of 1,257,600 shares. The stock 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. Other companies within the Energy industry that declined today were: Mexco Energy Corporation ( MXC), down 8.4%, Lucas Energy ( LEI), down 6.9%, MagneGas Corporation ( MNGA), down 6.2% and Magnum Hunter Resources Corporation ( MHR), down 5.5%.

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.

On the positive front, Camac Energy ( CAK), up 19.1%, KiOR ( KIOR), up 14.9%, Earthstone Energy ( ESTE), up 10.5% and Saratoga Resources ( SARA), up 10.0% , were all gainers within the energy industry with Chevron ( CVX) 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.

If you liked this article you might like

Best Of The Buy-Rated Dividend Stocks: Top 3 Companies: GOV, OHI, KMP

Best Of The Buy-Rated Dividend Stocks: Top 3 Companies: GOV, OHI, KMP

3 Energy Stocks Nudging The Industry Higher

3 Energy Stocks Nudging The Industry Higher

3 Basic Materials Stocks On The Rise

3 Basic Materials Stocks On The Rise

3 Energy Stocks Moving The Industry Upward

3 Energy Stocks Moving The Industry Upward

What to Expect When Kinder Morgan Energy Partners (KMP) Reports Third-Quarter Earnings

What to Expect When Kinder Morgan Energy Partners (KMP) Reports Third-Quarter Earnings