Halliburton Company (HAL): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Halliburton Company ( HAL) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.2%. By the end of trading, Halliburton Company rose 40 cents (1.2%) to $34.07 on average volume. Throughout the day, 14.8 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 13.1 million shares. The stock ranged in a price between $33.55-$34.08 after having opened the day at $33.78 as compared to the previous trading day's close of $33.67. Other companies within the Energy industry that increased today were: Lone Pine Resources ( LPR), up 6.6%, HKN ( HKN), up 6.4%, Rose Rock Midstream ( RRMS), up 5.8%, and Recovery Energy ( RECV), up 5.4%.
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Halliburton Company provides various products and services to the energy industry for exploring, developing, and producing oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $31.26 billion and is part of the basic materials sector. The company has a P/E ratio of 9.9, below the average energy industry P/E ratio of 10.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate Halliburton Company a buy, one analyst rates it a sell, and four rate it a hold.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Andatee China Marine Fuel Services Corporat ( AMCF), down 19%, Core Laboratories N.V ( CLB), down 16.3%, Torch Energy Royalty ( TRU), down 15%, and GeoPetro Resources Company ( GPR), down 8.9%, were all laggards within the energy industry with Occidental Petroleum Corporation ( OXY) 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).

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