3 Stocks Advancing The Energy Industry
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 190 points (1.1%) at 17,825 as of Thursday, March 12, 2015, 1:30 PM ET. The NYSE advances/declines ratio sits at 2,258 issues advancing vs. 752 declining with 137 unchanged.
The Energy industry currently sits down 0.5% versus the S&P 500, which is up 1.0%. Top gainers within the industry include
(
), up 1.9%,
(
), up 0.3%,
(
), up 0.7%,
(
), up 0.8% and
(
), up 0.8%. On the negative front, top decliners within the industry include
(
), down 4.2%,
(
), down 1.9%,
(
), down 1.4%,
(
), down 1.3% and
(
), down 0.8%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Energy industry higher today. As of noon trading, Enbridge is up $0.51 (1.1%) to $46.08 on average volume. Thus far, 485,528 shares of Enbridge exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $45.50-$46.17 after having opened the day at $45.94 as compared to the previous trading day's close of $45.57.
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Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. Enbridge has a market cap of $38.7 billion and is part of the basic materials sector. Shares are down 11.4% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Enbridge a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Enbridge
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
2. As of noon trading,
(
) is up $0.66 (1.1%) to $58.76 on average volume. Thus far, 3.0 million shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $58.54-$59.82 after having opened the day at $59.81 as compared to the previous trading day's close of $58.10.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $186.9 billion and is part of the basic materials sector. Shares are down 13.2% year-to-date as of the close of trading on Wednesday.
TheStreet Ratings rates
Royal Dutch Shell
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full
Royal Dutch Shell Ratings Report
now.
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1. As of noon trading,
(
) is up $0.96 (0.6%) to $154.10 on light volume. Thus far, 835,779 shares of Pioneer Natural Resources exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $153.60-$155.41 after having opened the day at $154.92 as compared to the previous trading day's close of $153.14.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. Pioneer Natural Resources has a market cap of $22.6 billion and is part of the basic materials sector. Shares are up 2.9% year-to-date as of the close of trading on Wednesday. Currently there are 17 analysts who rate Pioneer Natural Resources a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Pioneer Natural Resources
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full
Pioneer Natural Resources Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
) while those bearish on the energy industry could consider
(
).
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