3 Stocks Pushing The Energy Industry Lower

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 146 points (0.9%) at 16,972 as of Tuesday, July 1, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,159 issues advancing vs. 828 declining with 170 unchanged.

The Energy industry currently sits up 0.1% versus the S&P 500, which is up 0.8%. On the negative front, top decliners within the industry include Chesapeake Energy ( CHK), down 6.3%, and Kinder Morgan ( KMI), down 0.7%. Top gainers within the industry include YPF Sociedad Anonima ( YPF), up 4.0%, Cheniere Energy ( LNG), up 2.3%, Imperial Oil ( IMO), up 0.7%, PetroChina ( PTR), up 0.7% and Statoil ASA ( STO), up 0.6%.

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

3. Western Gas Equity Partners ( WGP) is one of the companies pushing the Energy industry lower today. As of noon trading, Western Gas Equity Partners is down $1.83 (-2.9%) to $60.87 on heavy volume. Thus far, 4.1 million shares of Western Gas Equity Partners exchanged hands as compared to its average daily volume of 97,800 shares. The stock has ranged in price between $60.40-$61.10 after having opened the day at $60.50 as compared to the previous trading day's close of $62.70.

Western Gas Equity Partners, LP is engaged in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil in the United States. Western Gas Equity Partners has a market cap of $13.6 billion and is part of the basic materials sector. Shares are up 58.7% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate Western Gas Equity Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Western Gas Equity Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally high debt management risk. Get the full Western Gas Equity Partners 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, Continental Resources ( CLR) is down $1.57 (-1.0%) to $156.47 on light volume. Thus far, 299,221 shares of Continental Resources exchanged hands as compared to its average daily volume of 963,200 shares. The stock has ranged in price between $156.27-$159.24 after having opened the day at $159.08 as compared to the previous trading day's close of $158.04.

Continental Resources, Inc. is engaged in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $29.3 billion and is part of the basic materials sector. Shares are up 40.5% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate Continental Resources a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Continental Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, growth in earnings per share and increase in net income. 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 Continental 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.

1. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR) is down $0.19 (-1.3%) to $14.44 on light volume. Thus far, 6.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 22.2 million shares. The stock has ranged in price between $14.36-$14.81 after having opened the day at $14.70 as compared to the previous trading day's close of $14.63.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $95.4 billion and is part of the basic materials sector. Shares are up 6.2% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras 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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