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 down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 173.45 points (-1.1%) at 16,142 as of Wednesday, Oct. 15, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,470 issues advancing vs. 1,677 declining with 92 unchanged.

The Energy industry as a whole closed the day up 2.0% versus the S&P 500, which was down 0.8%. Top gainers within the Energy industry included

Enerjex Resources

(

ENRJ

), up 6.7%,

PrimeEnergy

(

PNRG

), up 1.6%,

Saratoga Resources

(

SARA

), up 15.4%,

Zion Oil & Gas

(

ZN

), up 17.8% and

Superior Drilling Products

(

SDPI

), up 10.9%.

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

Superior Drilling Products

(

SDPI

) is one of the companies that pushed the Energy industry higher today. Superior Drilling Products was up $0.49 (10.9%) to $5.00 on heavy volume. Throughout the day, 72,810 shares of Superior Drilling Products exchanged hands as compared to its average daily volume of 36,600 shares. The stock ranged in a price between $4.46-$5.00 after having opened the day at $4.60 as compared to the previous trading day's close of $4.51.

Superior Drilling Products has a market cap of $77.8 million and is part of the basic materials sector. Shares are unchanged year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close,

Saratoga Resources

(

SARA

) was up $0.11 (15.4%) to $0.80 on average volume. Throughout the day, 71,863 shares of Saratoga Resources exchanged hands as compared to its average daily volume of 80,700 shares. The stock ranged in a price between $0.67-$0.80 after having opened the day at $0.70 as compared to the previous trading day's close of $0.69.

Saratoga Resources, Inc., an independent oil and natural gas company, acquires, exploits, produces, and develops crude oil and natural gas properties in the United States. Saratoga Resources has a market cap of $22.3 million and is part of the basic materials sector. Shares are down 36.8% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Saratoga Resources a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Saratoga Resources as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk.

Highlights from TheStreet Ratings analysis on SARA go as follows:

  • SARATOGA RESOURCES INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, SARATOGA RESOURCES INC reported poor results of -$0.85 versus -$0.13 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 187.5% when compared to the same quarter one year ago, falling from -$2.31 million to -$6.65 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, SARATOGA RESOURCES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to $2.23 million or 79.54% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 61.77%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 200.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.

You can view the full analysis from the report here:

Saratoga Resources Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Enerjex Resources

(

ENRJ

) was another company that pushed the Energy industry higher today. Enerjex Resources was up $0.36 (6.7%) to $5.77 on light volume. Throughout the day, 150 shares of Enerjex Resources exchanged hands as compared to its average daily volume of 6,600 shares. The stock ranged in a price between $5.77-$5.77 after having opened the day at $5.77 as compared to the previous trading day's close of $5.41.

Enerjex Resources has a market cap of $43.9 million and is part of the basic materials sector. Shares are down 30.3% year-to-date as of the close of trading on Tuesday.

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.