3 Stocks Dragging The Energy Industry Downward

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 16,556 as of Thursday, April 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,086 issues advancing vs. 1,855 declining with 176 unchanged.

The Energy industry currently sits up 0.1% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Ultrapar Participacoes ( UGP), down 1.6%, China Petroleum & Chemical Corporation ( SNP), down 1.3%, TransCanada ( TRP), down 1.3% and Statoil ASA ( STO), down 0.7%. Top gainers within the industry include Range Resources Corporation ( RRC), up 2.6%, Southwestern Energy Company ( SWN), up 2.6%, EQT ( EQT), up 1.9%, Devon Energy ( DVN), up 1.5% and EOG Resources ( EOG), up 1.6%.

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

3. Cheniere Energy ( LNG) is one of the companies pushing the Energy industry lower today. As of noon trading, Cheniere Energy is down $0.96 (-1.7%) to $56.71 on average volume. Thus far, 1.6 million shares of Cheniere Energy exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $56.46-$57.60 after having opened the day at $57.11 as compared to the previous trading day's close of $57.67.

Cheniere Energy, Inc., an energy company, is engaged in the liquefied natural gas (LNG) related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. Cheniere Energy has a market cap of $13.7 billion and is part of the basic materials sector. Shares are up 33.6% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Cheniere Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Cheniere Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Cheniere Energy 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, Petroleo Brasileiro SA Petrobras ( PBR) is down $0.10 (-0.8%) to $13.25 on heavy volume. Thus far, 18.9 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 22.2 million shares. The stock has ranged in price between $12.84-$13.33 after having opened the day at $13.29 as compared to the previous trading day's close of $13.35.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $86.2 billion and is part of the basic materials sector. Shares are down 0.5% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Petroleo Brasileiro SA Petrobras 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, ConocoPhillips ( COP) is down $0.37 (-0.5%) to $70.52 on light volume. Thus far, 1.7 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $70.45-$70.92 after having opened the day at $70.92 as compared to the previous trading day's close of $70.89.

ConocoPhillips explores for, develops, and produces crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. ConocoPhillips has a market cap of $86.3 billion and is part of the basic materials sector. Shares are up 0.3% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate ConocoPhillips a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full ConocoPhillips 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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