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 down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 123 points (-0.7%) at 17,854 as of Tuesday, March 17, 2015, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,105 issues advancing vs. 1,894 declining with 134 unchanged.
The Energy industry currently sits down 0.5% versus the S&P 500, which is down 0.4%. Top gainers within the industry include
(
), up 1.3%,
(
), up 1.0%,
(
), up 1.0% and
(
), up 0.7%. On the negative front, top decliners within the industry include
(
), down 3.5%,
(
), down 1.9%,
(
), down 1.7%,
(
), down 0.8% and
(
), down 0.5%.
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, Energy Transfer Equity is up $0.67 (1.1%) to $61.37 on light volume. Thus far, 439,037 shares of Energy Transfer Equity exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $60.19-$61.51 after having opened the day at $60.76 as compared to the previous trading day's close of $60.70.
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.
Energy Transfer Equity, L.P., through its subsidiaries, provides diversified energy-related services in the Unites States. Energy Transfer Equity has a market cap of $32.5 billion and is part of the basic materials sector. Shares are up 5.8% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Energy Transfer Equity a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Energy Transfer Equity
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Energy Transfer Equity 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.
2. As of noon trading,
Petroleo Brasileiro SA Petrobras
(
) is up $0.09 (1.7%) to $5.29 on light volume. Thus far, 6.5 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 20.7 million shares. The stock has ranged in price between $5.10-$5.30 after having opened the day at $5.11 as compared to the previous trading day's close of $5.20.
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.
Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $33.3 billion and is part of the basic materials sector. Shares are down 31.4% year-to-date as of the close of trading on Monday.
TheStreet Ratings rates
Petroleo Brasileiro SA Petrobras
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 and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. Get the full
Petroleo Brasileiro SA Petrobras Ratings Report
now.
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1. As of noon trading,
(
) is up $0.75 (1.3%) to $58.52 on average volume. Thus far, 1.6 million shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $58.17-$58.57 after having opened the day at $58.45 as compared to the previous trading day's close of $57.77.
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 $180.2 billion and is part of the basic materials sector. Shares are down 13.7% year-to-date as of the close of trading on Monday.
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.
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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