3 Stocks Pulling 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 4 points (0.0%) at 16,511 as of Wednesday, April 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,280 declining with 133 unchanged.

The Energy industry currently sits up 0.7% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Ecopetrol ( EC), up 0.9%. Top gainers within the industry include FMC Technologies ( FTI), up 5.1%, Suncor Energy ( SU), up 2.9%, Halliburton ( HAL), up 2.4%, EOG Resources ( EOG), up 2.0% and Cenovus Energy ( CVE), up 1.5%.

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

3. China Petroleum & Chemical ( SNP) is one of the companies pushing the Energy industry lower today. As of noon trading, China Petroleum & Chemical is down $0.75 (-0.8%) to $92.03 on light volume. Thus far, 52,045 shares of China Petroleum & Chemical exchanged hands as compared to its average daily volume of 240,800 shares. The stock has ranged in price between $91.52-$92.30 after having opened the day at $92.30 as compared to the previous trading day's close of $92.78.

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 has a market cap of $105.0 billion and is part of the basic materials sector. Shares are up 12.9% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates China Petroleum & Chemical a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates China Petroleum & Chemical 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 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, Statoil ASA ( STO) is down $0.39 (-1.4%) to $28.55 on heavy volume. Thus far, 1.0 million shares of Statoil ASA exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $28.46-$28.60 after having opened the day at $28.50 as compared to the previous trading day's close of $28.94.

Statoil ASA, an integrated energy company, is engaged in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $93.1 billion and is part of the basic materials sector. Shares are up 19.9% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, solid stock price performance, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Statoil ASA 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, Total ( TOT) is down $0.85 (-1.2%) to $67.80 on average volume. Thus far, 447,861 shares of Total exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $67.76-$68.65 after having opened the day at $68.58 as compared to the previous trading day's close of $68.65.

TOTAL S.A., together with its subsidiaries, operates as an oil and gas company worldwide. The company operates in three segments: Upstream, Refining & Chemicals, and Marketing & Services. Total has a market cap of $162.2 billion and is part of the basic materials sector. Shares are up 12.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Total a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Total as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Total 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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