3 Stocks Advancing The Energy Industry
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 8 points (0.0%) at 18,524 as of Monday, July 18, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,660 issues advancing vs. 1,244 declining with 151 unchanged.
The Energy industry currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the industry include
Petroleo Brasileiro SA Petrobras
(
), up 1.7%,
(
), up 0.5% and
(
), up 0.5%. On the negative front, top decliners within the industry include
(
), down 2.2%,
(
), down 1.6%,
(
), down 1.5%,
(
), down 1.2% and
(
), down 0.9%.
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, Marathon Petroleum is up $0.76 (2.1%) to $37.30 on average volume. Thus far, 3.4 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $35.97-$37.48 after having opened the day at $36.55 as compared to the previous trading day's close of $36.55.
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Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. Marathon Petroleum has a market cap of $19.8 billion and is part of the basic materials sector. Shares are down 29.5% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Marathon Petroleum a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Marathon Petroleum
as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. Get the full
Marathon Petroleum Ratings Report
now.
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2. As of noon trading,
(
) is up $0.80 (1.6%) to $50.74 on average volume. Thus far, 2.3 million shares of Valero Energy exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $49.40-$50.90 after having opened the day at $49.82 as compared to the previous trading day's close of $49.94.
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Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. Valero Energy has a market cap of $23.7 billion and is part of the basic materials sector. Shares are down 29.4% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Valero Energy a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Valero Energy
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
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1. As of noon trading,
(
) is up $0.69 (3.3%) to $21.72 on heavy volume. Thus far, 15.6 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 16.5 million shares. The stock has ranged in price between $20.86-$21.88 after having opened the day at $21.00 as compared to the previous trading day's close of $21.03.
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Kinder Morgan, Inc. operates as an energy infrastructure company in North America. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. Kinder Morgan has a market cap of $46.6 billion and is part of the basic materials sector. Shares are up 41.0% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Kinder Morgan a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Kinder Morgan
as a
. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity. 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.
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
(
).