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 45 points (0.3%) at 16,697 as of Thursday, Aug. 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,017 issues advancing vs. 963 declining with 158 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Ecopetrol ( EC), down 2.5%, Pioneer Natural Resources ( PXD), down 0.9%, PetroChina ( PTR), down 1.0%, Halliburton ( HAL), down 1.0% and China Petroleum & Chemical ( SNP), down 0.8%. Top gainers within the industry include Ultrapar Participacoes ( UGP), up 1.7%, Kinder Morgan Energy Partners ( KMP), up 1.8%, Energy Transfer Equity ( ETE), up 1.4%, Enterprise Products Partners ( EPD), up 1.3% and Royal Dutch Shell ( RDS.A), up 0.5%.

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

3. Hess ( HES) is one of the companies pushing the Energy industry lower today. As of noon trading, Hess is down $0.77 (-0.8%) to $98.35 on light volume. Thus far, 862,617 shares of Hess exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $98.32-$99.45 after having opened the day at $99.39 as compared to the previous trading day's close of $99.12.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil and natural gas worldwide. The company operates through 722 wells. As of December 31, 2013, it had total proved reserves of 1,437 million barrels of oil equivalent. Hess has a market cap of $30.5 billion and is part of the basic materials sector. Shares are up 19.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Hess a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Hess as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hess 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, National Oilwell Varco ( NOV) is down $0.96 (-1.2%) to $81.26 on light volume. Thus far, 1.0 million shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $81.22-$82.70 after having opened the day at $82.29 as compared to the previous trading day's close of $82.22.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. National Oilwell Varco has a market cap of $35.2 billion and is part of the basic materials sector. Shares are up 3.4% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate National Oilwell Varco a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates National Oilwell Varco as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full National Oilwell Varco 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, Schlumberger ( SLB) is down $0.53 (-0.5%) to $107.09 on light volume. Thus far, 2.0 million shares of Schlumberger exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $106.90-$108.41 after having opened the day at $107.96 as compared to the previous trading day's close of $107.62.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $139.8 billion and is part of the basic materials sector. Shares are up 19.4% year-to-date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

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