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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 17,122 as of Wednesday, Aug. 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,632 issues advancing vs. 1,319 declining with 192 unchanged.

The Energy industry currently sits up 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Talisman Energy ( TLM), down 3.6%, and China Petroleum & Chemical ( SNP), down 1.5%. Top gainers within the industry include Petroleo Brasileiro SA Petrobras ( PBR), up 3.1%, Ecopetrol ( EC), up 1.4% and TransCanada ( TRP), up 1.3%.

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

3. EOG Resources ( EOG) is one of the companies pushing the Energy industry lower today. As of noon trading, EOG Resources is down $0.70 (-0.6%) to $108.70 on light volume. Thus far, 955,511 shares of EOG Resources exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $108.07-$109.45 after having opened the day at $109.38 as compared to the previous trading day's close of $109.40.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $59.1 billion and is part of the basic materials sector. Shares are up 30.4% year-to-date as of the close of trading on Tuesday. Currently there are 22 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full EOG 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, Anadarko Petroleum ( APC) is down $1.48 (-1.3%) to $110.58 on light volume. Thus far, 921,214 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $110.45-$112.29 after having opened the day at $112.29 as compared to the previous trading day's close of $112.05.

Anadarko Petroleum Corporation is engaged in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. Anadarko Petroleum has a market cap of $56.7 billion and is part of the basic materials sector. Shares are up 41.3% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Anadarko Petroleum 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, Halliburton ( HAL) is down $1.21 (-1.7%) to $68.60 on heavy volume. Thus far, 9.8 million shares of Halliburton exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $68.07-$69.81 after having opened the day at $69.81 as compared to the previous trading day's close of $69.81.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton has a market cap of $58.3 billion and is part of the basic materials sector. Shares are up 37.6% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts that rate Halliburton a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Halliburton as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Halliburton 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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