3 Stocks Dragging 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 16 points (-0.1%) at 16,836 as of Monday, June 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,605 issues advancing vs. 1,347 declining with 197 unchanged.

The Energy industry currently sits up 0.4% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Ultrapar Participacoes ( UGP), down 1.8%, YPF Sociedad Anonima ( YPF), down 1.6%, China Petroleum & Chemical ( SNP), down 1.2%, Statoil ASA ( STO), down 0.9% and Ecopetrol ( EC), down 0.8%. Top gainers within the industry include Cheniere Energy ( LNG), up 1.9%, Linn Energy ( LINE), up 1.8%, Concho Resources ( CXO), up 1.3%, Transocean ( RIG), up 1.2% and Seadrill ( SDRL), up 1.1%.

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

3. National Oilwell Varco ( NOV) is one of the companies pushing the Energy industry lower today. As of noon trading, National Oilwell Varco is down $0.49 (-0.6%) to $82.14 on average volume. Thus far, 1.5 million shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $82.01-$82.75 after having opened the day at $82.63 as compared to the previous trading day's close of $82.63.

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 $34.7 billion and is part of the basic materials sector. Shares are up 3.9% year-to-date as of the close of trading on Friday. Currently there are 12 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 increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels 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.

2. As of noon trading, Williams Companies ( WMB) is down $0.29 (-0.5%) to $58.27 on average volume. Thus far, 2.2 million shares of Williams Companies exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $58.12-$58.65 after having opened the day at $58.12 as compared to the previous trading day's close of $58.56.

The Williams Companies, Inc. operates as an energy infrastructure company. Williams Companies has a market cap of $39.8 billion and is part of the basic materials sector. Shares are up 51.8% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. 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 Williams Companies 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, Valero Energy ( VLO) is down $1.06 (-2.0%) to $50.61 on average volume. Thus far, 5.1 million shares of Valero Energy exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $50.59-$51.83 after having opened the day at $51.74 as compared to the previous trading day's close of $51.67.

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 $27.9 billion and is part of the basic materials sector. Shares are up 2.5% year-to-date as of the close of trading on Friday. 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.

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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