Today's Stocks Driving Success For The Energy Industry

TheStreet highlights 3 stocks pushing the energy industry higher today.
By TheStreet Wire ,

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 89 points (0.5%) at 17,572 as of Tuesday, Nov. 17, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,707 issues advancing vs. 1,176 declining with 187 unchanged.

The Energy industry currently sits down 0.6% versus the S&P 500, which is up 0.6%. Top gainers within the industry include

Marathon Petroleum

(

MPC

), up 1.1%,

Chevron

(

CVX

), up 0.9%,

Imperial Oil

(

IMO

), up 0.9%,

Enbridge

(

ENB

), up 0.8% and

Total

(

TOT

), up 0.7%. On the negative front, top decliners within the industry include

MPLX

(

MPLX

), down 8.2%,

Ecopetrol

(

EC

), down 3.8%,

EQT

(

EQT

), down 2.6%,

China Petroleum & Chemical

(

SNP

), down 2.3% and

Kinder Morgan

(

KMI

), down 1.4%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3.

Energy Transfer Equity

(

ETE

) is one of the companies pushing the Energy industry higher today. As of noon trading, Energy Transfer Equity is up $0.30 (1.5%) to $20.14 on average volume. Thus far, 5.2 million shares of Energy Transfer Equity exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $19.32-$20.49 after having opened the day at $19.84 as compared to the previous trading day's close of $19.84.

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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 $19.1 billion and is part of the basic materials sector. Shares are down 30.9% 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

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full

Energy Transfer Equity Ratings Report

now.

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2. As of noon trading,

Williams Companies

(

WMB

) is up $0.80 (2.1%) to $38.11 on light volume. Thus far, 2.6 million shares of Williams Companies exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $36.45-$38.24 after having opened the day at $37.23 as compared to the previous trading day's close of $37.31.

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The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services. Williams Companies has a market cap of $26.3 billion and is part of the basic materials sector. Shares are down 17.0% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Williams Companies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Williams Companies

as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

Williams Companies Ratings Report

now.

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1. As of noon trading,

Phillips 66

(

PSX

) is up $0.56 (0.6%) to $91.63 on light volume. Thus far, 736,752 shares of Phillips 66 exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $90.49-$91.85 after having opened the day at $91.03 as compared to the previous trading day's close of $91.07.

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Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). Phillips 66 has a market cap of $47.5 billion and is part of the basic materials sector. Shares are up 27.0% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Phillips 66 a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Phillips 66

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full

Phillips 66 Ratings Report

now.

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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

Energy Select Sector SPDR

(

XLE

) while those bearish on the energy industry could consider

Proshares Short Oil & Gas

(

DDG

).

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