3 Stocks Dragging 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 117 points (-0.7%) at 16,295 as of Monday, April 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 843 issues advancing vs. 2,136 declining with 146 unchanged.

The Energy industry currently sits down 1.1% versus the S&P 500, which is down 0.8%. On the negative front, top decliners within the industry include Cheniere Energy ( LNG), down 5.2%, Baker Hughes ( BHI), down 2.4%, Williams Companies ( WMB), down 1.8%, Kinder Morgan ( KMI), down 1.6% and Marathon Petroleum ( MPC), down 2.2%. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras ( PBR), up 4.3%.

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

3. EOG Resources ( EOG) is one of the companies pushing the Energy industry lower today. As of noon trading, EOG Resources is down $1.85 (-1.9%) to $97.92 on light volume. Thus far, 1.3 million shares of EOG Resources exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $97.82-$99.98 after having opened the day at $99.72 as compared to the previous trading day's close of $99.77.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $55.0 billion and is part of the basic materials sector. Shares are up 18.9% year-to-date as of the close of trading on Friday. Currently there are 22 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EOG Resources 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full EOG 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.

2. As of noon trading, Valero Energy Corporation ( VLO) is down $2.24 (-4.1%) to $52.14 on average volume. Thus far, 4.1 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8.5 million shares. The stock has ranged in price between $52.12-$54.51 after having opened the day at $54.37 as compared to the previous trading day's close of $54.38.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. Valero Energy Corporation has a market cap of $29.7 billion and is part of the basic materials sector. Shares are up 7.9% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Valero Energy Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Valero Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Valero Energy 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.

1. As of noon trading, Halliburton Company ( HAL) is down $0.91 (-1.5%) to $58.40 on average volume. Thus far, 3.7 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $58.39-$59.26 after having opened the day at $59.15 as compared to the previous trading day's close of $59.31.

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 $50.9 billion and is part of the basic materials sector. Shares are up 16.9% year-to-date as of the close of trading on Friday. Currently there are 20 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 6 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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