SE, CHK And VLO, 3 Energy Stocks Pushing The 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 74 points (-0.4%) at 17,027 as of Monday, July 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 889 issues advancing vs. 2,085 declining with 146 unchanged.

The Energy industry currently sits down 0.3% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Cenovus Energy ( CVE), down 1.2%, Tenaris ( TS), down 1.2%, Imperial Oil ( IMO), down 1.2%, China Petroleum & Chemical ( SNP), down 0.9% and Total ( TOT), down 0.8%.

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

3. Spectra Energy ( SE) is one of the companies pushing the Energy industry lower today. As of noon trading, Spectra Energy is down $0.49 (-1.1%) to $42.32 on average volume. Thus far, 932,461 shares of Spectra Energy exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $42.26-$42.72 after having opened the day at $42.61 as compared to the previous trading day's close of $42.81.

Spectra Energy Corp., through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. Spectra Energy has a market cap of $28.6 billion and is part of the basic materials sector. Shares are up 20.2% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Spectra Energy a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Spectra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. 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 Spectra 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.

2. As of noon trading, Chesapeake Energy ( CHK) is down $0.41 (-1.5%) to $26.59 on light volume. Thus far, 2.8 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $26.58-$26.99 after having opened the day at $26.99 as compared to the previous trading day's close of $27.00.

Chesapeake Energy Corporation is engaged in the acquisition, exploration, and development of properties for the production of natural gas, oil, and natural gas liquids (NGL) from underground reservoirs in the United States. Chesapeake Energy has a market cap of $18.5 billion and is part of the basic materials sector. Shares are down 1.2% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Chesapeake 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, Valero Energy ( VLO) is down $0.69 (-1.4%) to $48.12 on average volume. Thus far, 3.3 million shares of Valero Energy exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $47.84-$48.78 after having opened the day at $48.77 as compared to the previous trading day's close of $48.81.

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 $26.7 billion and is part of the basic materials sector. Shares are down 3.1% 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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