3 Energy Stocks Dragging The Industry Down

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 11 points (0.1%) at 16,218 as of Tuesday, Feb. 25, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,600 issues advancing vs. 1,298 declining with 186 unchanged.

The Energy industry currently sits down 0.5% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Seadrill ( SDRL), down 5.8%, Transocean ( RIG), down 2.9%, Tenaris ( TS), down 1.6%, Ecopetrol S.A ( EC), down 1.4% and China Petroleum & Chemical Corporation ( SNP), down 1.2%. Top gainers within the industry include Kinder Morgan Energy Partners ( KMP), up 1.7%, Kinder Morgan ( KMI), up 1.6%, Energy Transfer Equity ( ETE), up 1.1%, Total ( TOT), up 0.9% and Chevron ( CVX), up 0.9%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Apache Corporation ( APA) is one of the companies pushing the Energy industry lower today. As of noon trading, Apache Corporation is down $1.34 (-1.6%) to $82.99 on average volume. Thus far, 1.2 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $82.51-$84.06 after having opened the day at $84.06 as compared to the previous trading day's close of $84.33.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $33.8 billion and is part of the basic materials sector. Shares are down 1.9% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Apache Corporation as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Apache 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, Baker Hughes ( BHI) is down $1.13 (-1.8%) to $61.95 on light volume. Thus far, 1.4 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $61.51-$62.72 after having opened the day at $62.70 as compared to the previous trading day's close of $63.08.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $26.7 billion and is part of the basic materials sector. Shares are up 14.2% year-to-date as of the close of trading on Monday. Currently there are 15 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Baker Hughes 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, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Baker Hughes 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, Halliburton Company ( HAL) is down $1.21 (-2.1%) to $55.16 on average volume. Thus far, 5.8 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $54.80-$56.06 after having opened the day at $56.04 as compared to the previous trading day's close of $56.37.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $47.1 billion and is part of the basic materials sector. Shares are up 11.1% year-to-date as of the close of trading on Monday. Currently there are 20 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Halliburton Company 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, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Halliburton Company 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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