3 Stocks Underperforming Today 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 78 points (0.5%) at 16,438 as of Thursday, March 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,775 issues advancing vs. 1,148 declining with 152 unchanged.

The Energy industry currently sits up 0.6% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Petroleo Brasileiro SA Petrobras ( PBR), up 2.4%, Ecopetrol S.A ( EC), up 2.1%, Halliburton Company ( HAL), up 1.5%, Canadian Natural Resources ( CNQ), up 1.2% and Schlumberger ( SLB), up 1.0%.

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

3. Enterprise Products Partners ( EPD) is one of the companies pushing the Energy industry lower today. As of noon trading, Enterprise Products Partners is down $0.43 (-0.6%) to $67.31 on light volume. Thus far, 310,537 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $67.24-$68.02 after having opened the day at $67.71 as compared to the previous trading day's close of $67.74.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $63.2 billion and is part of the basic materials sector. Shares are up 1.9% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Enterprise Products 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.

2. As of noon trading, Continental Resources ( CLR) is down $1.14 (-0.9%) to $120.85 on light volume. Thus far, 398,505 shares of Continental Resources exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $120.10-$121.49 after having opened the day at $121.03 as compared to the previous trading day's close of $121.99.

Continental Resources, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $23.0 billion and is part of the basic materials sector. Shares are up 9.9% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Continental Resources a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Continental Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Continental Resources 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, Seadrill ( SDRL) is down $0.52 (-1.4%) to $35.70 on average volume. Thus far, 2.0 million shares of Seadrill exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $35.67-$36.19 after having opened the day at $36.17 as compared to the previous trading day's close of $36.22.

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 $17.3 billion and is part of the basic materials sector. Shares are down 10.3% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Seadrill a buy, 2 analysts rate it a sell, and 4 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, expanding profit margins, good cash flow from operations and compelling growth in net income. 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.

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).

null

More from Markets

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Global Stocks Ease as Investors Focus on Dollar, Oil, Italy After US-China Truce

Global Stocks Ease as Investors Focus on Dollar, Oil, Italy After US-China Truce

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes