Transocean Ltd (RIG): 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.

Transocean ( RIG) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Transocean fell $0.91 (-2.2%) to $40.58 on average volume. Throughout the day, 5,771,668 shares of Transocean exchanged hands as compared to its average daily volume of 5,623,400 shares. The stock ranged in price between $40.35-$41.47 after having opened the day at $41.39 as compared to the previous trading day's close of $41.49. Other companies within the Energy industry that declined today were: Compressco Partners ( GSJK), down 5.1%, PrimeEnergy ( PNRG), down 4.1%, New Concept Energy ( GBR), down 3.3% and Lucas Energy ( LEI), down 3.3%.

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company provides deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. Transocean has a market cap of $14.9 billion and is part of the basic materials sector. Shares are down 16.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Transocean a buy, 4 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Transocean as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

On the positive front, Sonde Resources ( SOQ), up 9.5%, FX Energy ( FXEN), up 8.0%, Dejour Energy ( DEJ), up 7.4% and Penn Virginia Corporation ( PVA), up 7.2% , were all gainers within the energy industry with Chevron ( CVX) 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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