NEW YORK ( TheStreet) -- Energy XXI (Bermuda) (EXXI - Get Report), Halliburton (HAL - Get Report), Chevron (CVX - Get Report), El Paso Pipeline Partners (EPB), Complete Production Services (CPX), Sinopec (SNP - Get Report), Schlumberger (SLB - Get Report) and InterOil Corporation (IOC) have up to 100% buy ratings, as per a Bloomberg consensus estimate.
Improved consumer spending has eased the concerns of declining demand for oil from the world's largest economy. Crude oil gained over 2% to settle at two-week highs with WTI prices hovering at around $87.3 per barrel at close Monday. Oil prices firmed during the last one week, getting a push from Hurricane Irene.
These eight stocks from the energy sector could generate a mean return of 47% over the next one year. They have outperformed the Dow in the last one year gaining 34% compared to the latter's 14% increase. The stocks are arranged in the ascending order of buy ratings.