Skip to main content

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.

ConocoPhillips

(

COP

) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 1.4%. By the end of trading, ConocoPhillips rose $0.80 (1.2%) to $69.88 on heavy volume. Throughout the day, 7,948,994 shares of ConocoPhillips exchanged hands as compared to its average daily volume of 4,697,100 shares. The stock ranged in a price between $69.05-$70.49 after having opened the day at $69.11 as compared to the previous trading day's close of $69.08. Other companies within the Energy industry that increased today were:

TransAtlantic Petroleum

(

TAT

), up 50.7%,

Ivanhoe Energy

(

IVAN

), up 13.3%,

Global Geophysical Services

(

GGS

TheStreet Recommends

), up 12.3% and

HyperDynamics Corporation

(

HDY

), up 12.2%.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids on a worldwide basis. ConocoPhillips has a market cap of $85.0 billion and is part of the basic materials sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.1% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

ConocoPhillips

as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, attractive valuation levels, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front,

PostRock Energy

(

PSTR

), down 9.8%,

InterOil Corporation

(

IOC

), down 4.0%,

Eagle Rock Energy Partners

(

EROC

), down 4.0% and

Recon Technology

(

RCON

), down 3.8% , were all laggards within the energy industry with

Petroleo Brasileiro SA Petrobras

(

PBR

) being today's energy industry laggard.

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

).

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