This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

7 Top-Rated Energy Stocks With Upside

NEW YORK ( TheStreet) -- Chesapeake Energy (CHK - Get Report), Marathon Oil Corporation (MRO - Get Report), Chevron (CVX - Get Report), Gran Tierra Energy (GTE - Get Report), Advantage Oil & Gas (AAV - Get Report), Halliburton (HAL - Get Report) and Denbury Resources (DNR - Get Report) are attractive and are positioning for long-term appreciation.

These stocks outperformed the Dow in the last month, gaining 13% vs. the Dow's 7.5% increase. Besides, they could generate a mean return of 40% over the next year and, according to a Bloomberg consensus, have average buy ratings of 74%. We list these stocks in ascending order of buy ratings, with Halliburton leading the pack, having 89% buy ratings from the covering analysts.

7. Chesapeake Energy is an Oklahoma-based energy player developing unconventional natural gas and oilfields onshore in the U.S.

Net income for the second quarter was $510 million, up from $255 million in the same period last year. Increased profitability resulted from higher operating income that doubled to $985 million from the corresponding quarter of 2010. Revenue grew 50% during this period to $3.3 billion.

For the second quarter of 2011, the company reported average daily production of 3.049 billion cubic equivalent of natural gas, a 9% increase year-over-year, but down 2% sequentially following the sale of its assets in Fayetteville Shale.

Oil price inflation and the proposed drilling program in the Utica Shale have amplified the company's capital expenditure for fiscal 2011 and 2012 by $500 million, to $6.5 billion each year. Recently, Sterne Agee initiated a buy on the stock. Analysts expect the stock to deliver 34% upside over the next year. With 58% buy ratings, the stock is trading at 9.9 times its estimated 2011 earnings.

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAV $5.31 0.38%
CHK $4.60 -19.00%
CVX $101.87 0.44%
DNR $3.63 0.55%
HAL $39.45 -1.20%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs