RIG, PXD And COP, 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 5 points (0.0%) at 17,810 as of Wednesday, Nov. 26, 2014, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,661 issues advancing vs. 1,320 declining with 162 unchanged.

The Energy industry currently sits down 1.0% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Diamond Offshore Drilling ( DO), down 9.1%, Schlumberger ( SLB), down 1.6%, Halliburton ( HAL), down 1.5%, Statoil ASA ( STO), down 1.4% and EOG Resources ( EOG), down 1.3%.

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

3. Transocean ( RIG) is one of the companies pushing the Energy industry lower today. As of noon trading, Transocean is down $1.49 (-5.9%) to $23.82 on heavy volume. Thus far, 11.6 million shares of Transocean exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $23.68-$24.72 after having opened the day at $24.70 as compared to the previous trading day's close of $25.31.

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

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company provides deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. Transocean has a market cap of $9.3 billion and is part of the basic materials sector. Shares are down 48.8% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Transocean a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Transocean as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full Transocean 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, Pioneer Natural Resources ( PXD) is down $3.18 (-1.9%) to $163.53 on average volume. Thus far, 1.3 million shares of Pioneer Natural Resources exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $160.50-$165.89 after having opened the day at $165.89 as compared to the previous trading day's close of $166.71.

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

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGL), and gas. Pioneer Natural Resources has a market cap of $24.5 billion and is part of the basic materials sector. Shares are down 9.4% year-to-date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Pioneer Natural Resources a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, expanding profit margins, growth in earnings per share 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 Pioneer 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.

1. As of noon trading, ConocoPhillips ( COP) is down $0.19 (-0.3%) to $71.54 on average volume. Thus far, 2.9 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $70.55-$71.75 after having opened the day at $71.75 as compared to the previous trading day's close of $71.73.

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

ConocoPhillips explores for, develops, and produces crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. ConocoPhillips has a market cap of $90.3 billion and is part of the basic materials sector. Shares are up 1.5% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate ConocoPhillips a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, expanding profit margins, 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 ConocoPhillips 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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