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4 Stocks Boosting The Energy Industry Higher

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 model

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 68 points (0.4%) at 15,371 as of Thursday, May 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,814 issues advancing vs. 1,135 declining with 104 unchanged.

The Energy industry currently sits down 0.38 versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include Boardwalk Pipeline Partners ( BWP), down 4.84, Energy Transfer Equity ( ETE), down 2.14 and Plains All American Pipeline ( PAA), down 1.98.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Talisman Energy ( TLM) is one of the companies pushing the Energy industry higher today. As of noon trading, Talisman Energy is up $0.26 (2.21) to $12.01 on heavy volume Thus far, 5.1 million shares of Talisman Energy exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $11.69-$12.38 after having opened the day at $11.70 as compared to the previous trading day's close of $11.75.

Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. Talisman Energy has a market cap of $12.1 billion and is part of the basic materials sector. Shares are up 3.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Talisman Energy a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Talisman Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk. Get the full Talisman Energy Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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