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 or Stephanie Link.

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 137 points (0.8%) at 16,460 as of Monday, March 31, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,329 issues advancing vs. 681 declining with 134 unchanged.

The Energy industry currently sits up 0.4% versus the S&P 500, which is up 0.9%. Top gainers within the industry include

YPF Sociedad Anonima

(

YPF

), up 2.3%,

Cenovus Energy

(

CVE

), up 1.1%,

Spectra Energy

(

SE

), up 0.8%,

Tenaris

(

TS

), up 0.8% and

TransCanada

(

TRP

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

Continental Resources

(

CLR

), down 1.9%,

Concho Resources

(

CXO

), down 1.8%,

Range Resources Corporation

(

RRC

), down 1.8%,

Chesapeake Energy

(

CHK

), down 1.3% and

Energy Transfer Partners L.P

(

ETP

), down 1.2%.

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

3.

Devon Energy

(

DVN

) is one of the companies pushing the Energy industry higher today. As of noon trading, Devon Energy is up $0.61 (0.9%) to $66.40 on average volume. Thus far, 2.1 million shares of Devon Energy exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $65.62-$66.84 after having opened the day at $66.00 as compared to the previous trading day's close of $65.79.

Devon Energy Corporation, an independent energy company, is engaged primarily in the exploration, development, and production of oil, natural gas, and natural gas liquids. Devon Energy has a market cap of $26.4 billion and is part of the basic materials sector. Shares are up 6.3% year-to-date as of the close of trading on Friday. Currently there are 12 analysts who rate Devon Energy a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates

Devon Energy

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 company has favored debt over equity in the management of its balance sheet. Get the full

Devon Energy Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading,

Kinder Morgan

(

KMI

) is up $0.38 (1.2%) to $32.52 on light volume. Thus far, 1.5 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $32.04-$32.59 after having opened the day at $32.24 as compared to the previous trading day's close of $32.14.

Kinder Morgan, Inc. operates as a midstream and energy company in North America. It operates through Natural Gas Pipelines, CO2 KMP, Products Pipelines KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other segments. Kinder Morgan has a market cap of $33.3 billion and is part of the basic materials sector. Shares are down 10.7% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Kinder Morgan a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Kinder Morgan

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, growth in earnings per share 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

Kinder Morgan Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading,

Phillips 66

(

PSX

) is up $0.72 (0.9%) to $77.37 on light volume. Thus far, 1.0 million shares of Phillips 66 exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $76.87-$77.56 after having opened the day at $77.30 as compared to the previous trading day's close of $76.65.

Phillips 66 operates as an energy manufacturing and logistics company. It operates in four segments: Midstream, Chemicals, Refining, Marketing and Specialties. Phillips 66 has a market cap of $45.2 billion and is part of the basic materials sector. Shares are down 0.6% year-to-date as of the close of trading on Friday. 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

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, 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 poor profit margins, weak operating cash flow and disappointing return on equity. Get the full

Phillips 66 Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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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