3 Energy Stocks Pushing Industry Growth - TheStreet

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.

Two out of the three major indices are trading lower today with the

Dow Jones Industrial Average

(

^DJI

) trading down 41 points (-0.2%) at 18,075 as of Tuesday, March 24, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,371 issues advancing vs. 1,586 declining with 175 unchanged.

The Energy industry currently sits up 0.1% versus the S&P 500, which is down 0.2%. A company within the industry that increased today was

China Petroleum & Chemical

(

SNP

), up 0.6%. On the negative front, top decliners within the industry include

PetroChina

(

PTR

), down 2.3%, and

Enterprise Products Partners

(

EPD

), down 1.3%.

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

3.

Canadian Natural Resources

(

CNQ

) is one of the companies pushing the Energy industry higher today. As of noon trading, Canadian Natural Resources is up $0.36 (1.2%) to $30.23 on light volume. Thus far, 1.0 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $29.93-$30.38 after having opened the day at $29.99 as compared to the previous trading day's close of $29.87.

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Canadian Natural Resources Limited explores for, develops, produces, markets, and sells crude oil, natural gas liquids (NGLs), and natural gas in North America. Canadian Natural Resources has a market cap of $32.3 billion and is part of the basic materials sector. Shares are down 3.3% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Canadian Natural Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Canadian Natural Resources

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. 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

Canadian Natural Resources Ratings Report

now.

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2. As of noon trading,

Halliburton

(

HAL

) is up $0.42 (1.0%) to $42.82 on light volume. Thus far, 3.8 million shares of Halliburton exchanged hands as compared to its average daily volume of 16.3 million shares. The stock has ranged in price between $42.28-$42.85 after having opened the day at $42.54 as compared to the previous trading day's close of $42.40.

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Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation. Halliburton has a market cap of $36.4 billion and is part of the basic materials sector. Shares are up 7.8% year-to-date as of the close of trading on Monday. Currently there are 18 analysts who rate Halliburton a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Halliburton

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Halliburton Ratings Report

now.

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1. As of noon trading,

Schlumberger

(

SLB

) is up $0.47 (0.6%) to $82.47 on light volume. Thus far, 3.0 million shares of Schlumberger exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $81.66-$82.47 after having opened the day at $81.90 as compared to the previous trading day's close of $82.00.

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Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments. Schlumberger has a market cap of $105.3 billion and is part of the basic materials sector. Shares are down 4.0% year-to-date as of the close of trading on Monday. Currently there are 20 analysts who rate Schlumberger a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Schlumberger

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full

Schlumberger 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

Energy Select Sector SPDR

(

XLE

) while those bearish on the energy industry could consider

Proshares Short Oil & Gas

(

DDG

).

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