ConocoPhillips

(

COP

) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 4.1%. By the end of trading, ConocoPhillips rose $3.09 (4.5%) to $71.23 on average volume. Throughout the day, 9.3 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 9.4 million shares. The stock ranged in a price between $70.01-$71.37 after having opened the day at $70.01 as compared to the previous trading day's close of $68.14. Other companies within the Energy industry that increased today were:

GeoMet Inc

(

GMET

), up 17.6%,

Pioneer Drilling Company

(

PDC

), up 16.3%,

Voyager Oil & Gas Inc

(

VOG

), up 15.4%, and

Goodrich Petroleum

(

GDP

), up 14.9%.

ConocoPhillips operates as an integrated energy company worldwide. The company's Exploration and Production (E&P) segment explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. ConocoPhillips has a market cap of $89.32 billion and is part of the

basic materials

sector. The company has a P/E ratio of 8.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates ConocoPhillips as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, 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 has had sub par growth in net income.

On the negative front,

Cano Petroleum Inc

(

CFW

), down 42.7%,

WSP Holdings

(

WH

), down 9.8%,

Andatee China Marine Fuel Services Corporat

(

AMCF

), down 9.5%, and

Tri-Valley Corporation

(

TIV

), down 7.4%, were all losers within the energy industry with

Linn Energy

(

LINE

) being today's energy industry loser.

For investors not wanting singular stock exposure, 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

).

null