3 Stocks Pulling 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 16,507 as of Monday, Aug. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,334 issues advancing vs. 1,665 declining with 161 unchanged.

The Energy industry currently sits up 0.5% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Chevron ( CVX), up 1.0%. Top gainers within the industry include Energy Transfer Equity ( ETE), up 2.8%, Magellan Midstream Partners L.P ( MMP), up 2.7%, Concho Resources ( CXO), up 2.4%, Enterprise Products Partners ( EPD), up 2.4% and Cheniere Energy ( LNG), up 2.1%.

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

3. Williams Partners ( WPZ) is one of the companies pushing the Energy industry lower today. As of noon trading, Williams Partners is down $0.56 (-1.1%) to $49.75 on average volume. Thus far, 557,057 shares of Williams Partners exchanged hands as compared to its average daily volume of 802,900 shares. The stock has ranged in price between $49.48-$50.41 after having opened the day at $50.30 as compared to the previous trading day's close of $50.31.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments. Williams Partners has a market cap of $22.2 billion and is part of the basic materials sector. Shares are down 1.1% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate Williams Partners a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Williams Partners as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Williams 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, Petroleo Brasileiro SA Petrobras ( PBR.A) is down $0.11 (-0.7%) to $16.76 on light volume. Thus far, 1.9 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $16.65-$16.94 after having opened the day at $16.92 as compared to the previous trading day's close of $16.87.

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 $109.7 billion and is part of the basic materials sector. Shares are up 14.8% year-to-date as of the close of trading on Friday.

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, solid stock price performance 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.

1. As of noon trading, Transocean ( RIG) is down $1.14 (-2.8%) to $39.30 on heavy volume. Thus far, 5.5 million shares of Transocean exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $39.10-$39.76 after having opened the day at $39.39 as compared to the previous trading day's close of $40.44.

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company provides deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. Transocean has a market cap of $14.6 billion and is part of the basic materials sector. Shares are down 18.2% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate Transocean a buy, 3 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Transocean as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Transocean 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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