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.

The Energy industry as a whole closed the day down 1.1% versus the S&P 500, which was up 0.1%. Laggards within the Energy industry included New Concept Energy ( GBR), down 9.5%, Enerjex Resources ( ENRJ), down 7.3%, Tengasco ( TGC), down 5.9%, Lilis Energy ( LLEX), down 9.7% and Saratoga Resources ( SARA), down 16.4%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

China Petroleum & Chemical ( SNP) is one of the companies that pushed the Energy industry lower today. China Petroleum & Chemical was down $2.14 (2.6%) to $80.69 on light volume. Throughout the day, 75,386 shares of China Petroleum & Chemical exchanged hands as compared to its average daily volume of 161,900 shares. The stock ranged in price between $80.22-$80.89 after having opened the day at $80.41 as compared to the previous trading day's close of $82.83.

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, is engaged in the oil and gas, and chemical operations in the People's Republic of China. China Petroleum & Chemical has a market cap of $96.7 billion and is part of the basic materials sector. Shares are up 0.8% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates China Petroleum & Chemical a buy, no analysts rate it a sell, and 2 rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates China Petroleum & Chemical as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from TheStreet Ratings analysis on SNP go as follows:

  • The revenue growth came in higher than the industry average of 6.4%. Since the same quarter one year prior, revenues slightly increased by 5.9%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Net operating cash flow has slightly increased to $8,251.64 million or 7.90% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -2.19%.
  • The current debt-to-equity ratio, 0.57, is low and is below the industry average, implying that there has been successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.23 is very weak and demonstrates a lack of ability to pay short-term obligations.
  • CHINA PETROLEUM & CHEM CORP's earnings per share declined by 7.4% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, CHINA PETROLEUM & CHEM CORP reported lower earnings of $8.47 versus $8.73 in the prior year. This year, the market expects an improvement in earnings ($8.89 versus $8.47).

You can view the full analysis from the report here: China Petroleum & Chemical Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close, Saratoga Resources ( SARA) was down $0.10 (16.4%) to $0.51 on heavy volume. Throughout the day, 195,241 shares of Saratoga Resources exchanged hands as compared to its average daily volume of 78,400 shares. The stock ranged in price between $0.50-$0.60 after having opened the day at $0.60 as compared to the previous trading day's close of $0.61.

Saratoga Resources, Inc., an independent oil and natural gas company, acquires, exploits, produces, and develops crude oil and natural gas properties in the United States. Saratoga Resources has a market cap of $19.5 million and is part of the basic materials sector. Shares are down 44.7% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Saratoga Resources as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk.

Highlights from TheStreet Ratings analysis on SARA go as follows:

  • SARATOGA RESOURCES INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, SARATOGA RESOURCES INC reported poor results of -$0.85 versus -$0.13 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 187.5% when compared to the same quarter one year ago, falling from -$2.31 million to -$6.65 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, SARATOGA RESOURCES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to $2.23 million or 79.54% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 65.58%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 200.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.

You can view the full analysis from the report here: Saratoga Resources Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Enerjex Resources ( ENRJ) was another company that pushed the Energy industry lower today. Enerjex Resources was down $0.31 (7.3%) to $3.94 on heavy volume. Throughout the day, 18,596 shares of Enerjex Resources exchanged hands as compared to its average daily volume of 5,000 shares. The stock ranged in price between $3.81-$4.00 after having opened the day at $4.00 as compared to the previous trading day's close of $4.25.

Enerjex Resources has a market cap of $31.3 million and is part of the basic materials sector. Shares are down 50.3% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.