Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelAll three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 23 points (-0.2%) at 13,146 as of Friday, Dec. 14, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,517 declining with 152 unchanged.The Energy industry currently sits up 0.1% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras (PBR), up 2.9%.TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:3. PetroChina (PTR) is one of the companies pushing the Energy industry higher today. As of noon trading, PetroChina is up $1.59 (1.1%) to $139.54 on average volume Thus far, 53,017 shares of PetroChina exchanged hands as compared to its average daily volume of 113,200 shares. The stock has ranged in price between $139.47-$140.09 after having opened the day at $140.09 as compared to the previous trading day's close of $137.95. PetroChina Company Limited produces and sells oil and gas in the People's Republic of China. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. PetroChina has a market cap of $253.9 billion and is part of the basic materials sector. The company has a P/E ratio of 1.8, below the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate PetroChina a buy, no analysts rate it a sell, and 1 rates it a hold.TheStreet Ratings rates PetroChina 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full PetroChina Ratings Report now.EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Latest Headlines about E
Latest from TheStreet Wire
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV