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 89 points (-0.5%) at 16,857 as of Wednesday, June 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,007 issues advancing vs. 1,935 declining with 173 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is down 0.3%. A company within the industry that fell today was China Petroleum & Chemical ( SNP), up 1.1%. Top gainers within the industry include Devon Energy ( DVN), up 3.1%, Concho Resources ( CXO), up 2.4%, Petroleo Brasileiro SA Petrobras ( PBR), up 2.1%, Continental Resources ( CLR), up 1.4% and EOG Resources ( EOG), up 1.4%.

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

3. Total ( TOT) is one of the companies pushing the Energy industry lower today. As of noon trading, Total is down $0.44 (-0.6%) to $70.08 on light volume. Thus far, 239,760 shares of Total exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $69.93-$70.27 after having opened the day at $70.21 as compared to the previous trading day's close of $70.52.

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 $160.3 billion and is part of the basic materials sector. Shares are up 15.1% 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 2 rate 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, compelling growth in net income, 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 shows low profit margins. 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.

2. As of noon trading, Energy Transfer Equity ( ETE) is down $0.79 (-1.5%) to $53.14 on light volume. Thus far, 423,620 shares of Energy Transfer Equity exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $52.77-$54.00 after having opened the day at $53.52 as compared to the previous trading day's close of $53.93.

Energy Transfer Equity, L.P., through its subsidiaries, provides diversified energy-related services in the Unites States. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Energy Transfer Equity has a market cap of $29.8 billion and is part of the basic materials sector. Shares are up 32.0% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Energy Transfer Equity a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Transfer Equity as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Energy Transfer Equity 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, National Oilwell Varco ( NOV) is down $1.44 (-1.9%) to $76.56 on average volume. Thus far, 2.6 million shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $75.91-$76.91 after having opened the day at $76.18 as compared to the previous trading day's close of $78.00.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. National Oilwell Varco has a market cap of $33.5 billion and is part of the basic materials sector. Shares are down 1.4% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts that rate National Oilwell Varco a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates National Oilwell Varco 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, attractive valuation levels, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full National Oilwell Varco 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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