SNP, SU And VLO, 3 Energy Stocks Pushing The Industry Lower

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 86 points (-0.5%) at 16,084 as of Friday, April 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,941 declining with 158 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Seadrill ( SDRL), down 2.2%, BP ( BP), down 1.4%, Marathon Petroleum ( MPC), down 1.1%, Canadian Natural Resources ( CNQ), down 1.0% and Ecopetrol S.A ( EC), down 0.9%. Top gainers within the industry include Energy Transfer Partners L.P ( ETP), up 1.8%, Energy Transfer Equity ( ETE), up 1.7%, Williams Partners ( WPZ), up 1.5%, Phillips 66 ( PSX), up 0.9% and Enterprise Products Partners ( EPD), up 0.8%.

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

3. China Petroleum & Chemical Corporation ( SNP) is one of the companies pushing the Energy industry lower today. As of noon trading, China Petroleum & Chemical Corporation is down $0.55 (-0.6%) to $93.43 on light volume. Thus far, 66,537 shares of China Petroleum & Chemical Corporation exchanged hands as compared to its average daily volume of 238,900 shares. The stock has ranged in price between $92.63-$93.49 after having opened the day at $92.74 as compared to the previous trading day's close of $93.98.

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, is engaged in the oil and gas, and chemical operations in the People's Republic of China. China Petroleum & Chemical Corporation has a market cap of $110.0 billion and is part of the basic materials sector. Shares are up 14.4% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates China Petroleum & Chemical Corporation a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates China Petroleum & Chemical Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, 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 China Petroleum & Chemical 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, Suncor Energy ( SU) is down $0.35 (-1.0%) to $35.79 on average volume. Thus far, 2.0 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $35.73-$36.36 after having opened the day at $36.02 as compared to the previous trading day's close of $36.14.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $53.6 billion and is part of the basic materials sector. Shares are up 3.1% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Suncor Energy 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, increase in stock price during the past year, reasonable 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 Suncor 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.

1. As of noon trading, Valero Energy Corporation ( VLO) is down $0.62 (-1.2%) to $51.32 on light volume. Thus far, 2.3 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8.4 million shares. The stock has ranged in price between $50.88-$52.32 after having opened the day at $51.44 as compared to the previous trading day's close of $51.93.

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 $28.2 billion and is part of the basic materials sector. Shares are up 3.0% year-to-date as of the close of trading on Thursday. 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.

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

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%