Dril-Quip Inc. (DRQ): 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.

Dril-Quip ( DRQ) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 1.3%. By the end of trading, Dril-Quip fell $1.56 (-1.5%) to $105.40 on average volume. Throughout the day, 495,405 shares of Dril-Quip exchanged hands as compared to its average daily volume of 380,500 shares. The stock ranged in price between $105.20-$108.32 after having opened the day at $108.17 as compared to the previous trading day's close of $106.96. Other companies within the Energy industry that declined today were: McDermott International ( MDR), down 8.3%, Forest Oil ( FST), down 6.7%, Alon USA Partners ( ALDW), down 5.0% and Compressco Partners ( GSJK), down 3.7%.

Dril-Quip, Inc. designs, manufactures, sells, and services engineered offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates in three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. Dril-Quip has a market cap of $4.4 billion and is part of the basic materials sector. Shares are down 2.7% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Dril-Quip a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Dril-Quip as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, BPZ Resources ( BPZ), up 14.6%, Saratoga Resources ( SARA), up 10.4%, Adams Resources & Energy ( AE), up 10.4% and Warren Resources ( WRES), up 9.5% , were all gainers within the energy industry with Exxon Mobil Corporation ( XOM) 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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