CNQ, PBR.A And BP, 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 92 points (0.6%) at 16,652 as of Wednesday, Aug. 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,209 issues advancing vs. 757 declining with 152 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is up 0.6%. A company within the industry that fell today was Petroleo Brasileiro SA Petrobras ( PBR), up 0.9%. Top gainers within the industry include Western Gas Equity Partners ( WGP), up 2.4%, China Petroleum & Chemical ( SNP), up 1.9%, Magellan Midstream Partners L.P ( MMP), up 1.4% and Exxon Mobil Corporation ( XOM), up 0.5%.

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

3. Canadian Natural Resources ( CNQ) is one of the companies pushing the Energy industry lower today. As of noon trading, Canadian Natural Resources is down $0.57 (-1.4%) to $41.27 on light volume. Thus far, 549,308 shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $41.23-$42.08 after having opened the day at $41.98 as compared to the previous trading day's close of $41.84.

Canadian Natural Resources Limited explores for, develops, produces, markets, and sells crude oil, natural gas liquids (NGLs), and natural gas in North America. Canadian Natural Resources has a market cap of $46.1 billion and is part of the basic materials sector. Shares are up 23.6% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Canadian Natural Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Canadian Natural Resources Ratings Report now.

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