3 Stocks Moving The Energy Industry Upward
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 174 points (1.0%) at 17,923 as of Monday, March 16, 2015, 1:15 PM ET. The NYSE advances/declines ratio sits at 1,833 issues advancing vs. 1,164 declining with 150 unchanged.
The Energy industry currently sits down 2.1% versus the S&P 500, which is up 1.0%. Top gainers within the industry include
(
), up 2.5%,
(
), up 2.0%,
(
), up 1.3%,
(
), up 1.0% and
(
), up 1.0%. On the negative front, top decliners within the industry include
(
), down 4.2%,
(
), down 2.1%,
(
), down 1.5% 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, EOG Resources is up $2.03 (2.4%) to $87.42 on average volume. Thus far, 2.8 million shares of EOG Resources exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $85.06-$87.63 after having opened the day at $85.14 as compared to the previous trading day's close of $85.39.
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EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $47.0 billion and is part of the basic materials sector. Shares are down 7.3% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate EOG Resources a buy, 2 analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
EOG Resources
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
now.
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2. As of noon trading,
(
) is up $0.53 (1.3%) to $40.45 on average volume. Thus far, 5.3 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 12.2 million shares. The stock has ranged in price between $39.72-$40.46 after having opened the day at $39.78 as compared to the previous trading day's close of $39.92.
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Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. Kinder Morgan has a market cap of $84.7 billion and is part of the basic materials sector. Shares are down 5.7% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Kinder Morgan a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Kinder Morgan
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. 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.
1. As of noon trading,
(
) is up $0.98 (1.0%) to $102.60 on light volume. Thus far, 3.1 million shares of Chevron exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $101.00-$102.66 after having opened the day at $101.46 as compared to the previous trading day's close of $101.62.
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.
Chevron Corporation, through its subsidiaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $192.6 billion and is part of the basic materials sector. Shares are down 9.4% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Chevron a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Chevron
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow. 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
(
).
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