3 Stocks Dragging The Energy Industry Downward

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 94 points (0.5%) at 17,814 as of Tuesday, Dec. 1, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,841 issues advancing vs. 1,103 declining with 158 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include Western Gas Equity Partners ( WGP), down 3.9%, Kinder Morgan ( KMI), down 2.8%, Enterprise Products Partners ( EPD), down 2.7% and Tenaris ( TS), down 2.1%. Top gainers within the industry include Cenovus Energy ( CVE), up 3.2%, China Petroleum & Chemical ( SNP), up 1.7%, PetroChina ( PTR), up 1.5%, Halliburton ( HAL), up 1.1% and Chevron ( CVX), up 1.1%.

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

3. MPLX ( MPLX) is one of the companies pushing the Energy industry lower today. As of noon trading, MPLX is down $5.51 (-12.8%) to $37.43 on heavy volume. Thus far, 770,914 shares of MPLX exchanged hands as compared to its average daily volume of 430,300 shares. The stock has ranged in price between $37.05-$43.80 after having opened the day at $43.04 as compared to the previous trading day's close of $42.94.

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MPLX LP owns, operates, develops, and acquires pipelines and other midstream assets related to the transportation and storage of crude oil, refined product, and other hydrocarbon-based products in the United States. MPLX has a market cap of $3.3 billion and is part of the basic materials sector. Shares are down 41.6% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate MPLX a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates MPLX as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow. Get the full MPLX Ratings Report now.

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2. As of noon trading, Plains All American Pipeline ( PAA) is down $0.77 (-3.1%) to $24.01 on average volume. Thus far, 1.2 million shares of Plains All American Pipeline exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $23.90-$24.76 after having opened the day at $24.65 as compared to the previous trading day's close of $24.78.

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Plains All American Pipeline, L.P., through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Plains All American Pipeline has a market cap of $9.5 billion and is part of the basic materials sector. Shares are down 51.7% year-to-date as of the close of trading on Monday. Currently there are 14 analysts that rate Plains All American Pipeline a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Plains All American Pipeline as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and disappointing return on equity. Get the full Plains All American Pipeline Ratings Report now.

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1. As of noon trading, MarkWest Energy Partners ( MWE) is down $1.90 (-4.0%) to $46.10 on heavy volume. Thus far, 2.8 million shares of MarkWest Energy Partners exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $45.64-$49.98 after having opened the day at $47.99 as compared to the previous trading day's close of $48.00.

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MarkWest Energy Partners, L.P. engages in the gathering, processing, and transportation of natural gas. The company is also involved in the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering and transportation of crude oil. MarkWest Energy Partners has a market cap of $9.1 billion and is part of the basic materials sector. Shares are down 28.6% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate MarkWest Energy Partners a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MarkWest Energy Partners as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full MarkWest Energy Partners Ratings Report now.

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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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