3 Stocks Pushing 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 29 points (-0.2%) at 16,714 as of Tuesday, June 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,066 issues advancing vs. 1,889 declining with 193 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Williams Partners ( WPZ), down 1.4%, Spectra Energy ( SE), down 1.0% and Total ( TOT), down 0.6%. Top gainers within the industry include National Oilwell Varco ( NOV), up 1.4%, Petroleo Brasileiro SA Petrobras ( PBR), up 1.3%, Ecopetrol ( EC), up 0.8% and Royal Dutch Shell ( RDS.B), up 0.7%.

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

3. Apache Corporation ( APA) is one of the companies pushing the Energy industry lower today. As of noon trading, Apache Corporation is down $0.72 (-0.8%) to $91.92 on average volume. Thus far, 1.6 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $91.53-$92.52 after having opened the day at $92.30 as compared to the previous trading day's close of $92.64.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $36.0 billion and is part of the basic materials sector. Shares are up 7.8% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Apache Corporation as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Apache 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, Valero Energy ( VLO) is down $1.05 (-1.9%) to $55.46 on average volume. Thus far, 2.7 million shares of Valero Energy exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $55.19-$56.33 after having opened the day at $56.25 as compared to the previous trading day's close of $56.51.

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 has a market cap of $29.9 billion and is part of the basic materials sector. Shares are up 12.1% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate Valero Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Valero Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Valero 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, Schlumberger ( SLB) is down $0.58 (-0.6%) to $103.32 on light volume. Thus far, 2.0 million shares of Schlumberger exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $102.92-$103.93 after having opened the day at $103.93 as compared to the previous trading day's close of $103.91.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $135.5 billion and is part of the basic materials sector. Shares are up 15.3% year-to-date as of the close of trading on Monday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger 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, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Schlumberger 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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