3 Energy Stocks Dragging The Industry Down

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 14 points (-0.1%) at 16,929 as of Tuesday, June 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 966 issues advancing vs. 1,989 declining with 165 unchanged.

The Energy industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Tenaris ( TS), down 3.5%, Range Resources ( RRC), down 3.2%, Weatherford International ( WFT), down 1.9%, Energy Transfer Equity ( ETE), down 0.9% and Statoil ASA ( STO), down 0.8%. A company within the industry that increased today was China Petroleum & Chemical ( SNP), up 1.8%.

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

3. Marathon Petroleum ( MPC) is one of the companies pushing the Energy industry lower today. As of noon trading, Marathon Petroleum is down $2.23 (-2.5%) to $85.27 on average volume. Thus far, 2.1 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $85.20-$87.55 after having opened the day at $87.50 as compared to the previous trading day's close of $87.50.

Marathon Petroleum Corporation, together with its subsidiaries, is engaged in refining, transporting, and marketing petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Pipeline Transportation. Marathon Petroleum has a market cap of $25.3 billion and is part of the basic materials sector. Shares are down 4.6% year-to-date as of the close of trading on Monday. Currently there are 9 analysts that rate Marathon Petroleum a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Marathon Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Marathon Petroleum 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 $1.51 (-2.8%) to $53.33 on average volume. Thus far, 4.1 million shares of Valero Energy exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $53.29-$54.67 after having opened the day at $54.55 as compared to the previous trading day's close of $54.84.

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 $29.5 billion and is part of the basic materials sector. Shares are up 8.8% 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, EOG Resources ( EOG) is down $0.89 (-0.8%) to $108.62 on light volume. Thus far, 917,694 shares of EOG Resources exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $108.50-$109.75 after having opened the day at $109.39 as compared to the previous trading day's close of $109.51.

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 $59.7 billion and is part of the basic materials sector. Shares are up 30.5% year-to-date as of the close of trading on Monday. Currently there are 19 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 4 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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.

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

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing