CNQ, PBR.A And BP, 3 Energy Stocks Pushing The Industry Lower

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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.

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 $0.24 (-1.4%) to $16.97 on heavy volume. Thus far, 11.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $16.18-$17.51 after having opened the day at $17.41 as compared to the previous trading day's close of $17.21.

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 $115.2 billion and is part of the basic materials sector. Shares are up 17.1% year-to-date as of the close of trading on Tuesday.

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, BP ( BP) is down $0.28 (-0.6%) to $47.16 on average volume. Thus far, 2.3 million shares of BP exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $46.92-$47.28 after having opened the day at $47.19 as compared to the previous trading day's close of $47.44.

BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products worldwide. BP has a market cap of $145.5 billion and is part of the basic materials sector. Shares are down 2.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate BP a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates BP as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full BP 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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