5 Stocks Pushing The Energy Industry Higher

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 48 points (0.4%) at 12,859 as of Friday, Nov. 9, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,662 issues advancing vs. 1,212 declining with 143 unchanged.

The Energy industry currently sits up 0.3% versus the S&P 500, which is up 0.6%. Top gainers within the industry include Talisman Energy ( TLM), up 3.0%, Cenovus Energy ( CVE), up 1.6%, Petroleo Brasileiro SA Petrobras ( PBR), up 1.7%, Schlumberger ( SLB), up 1.4% and Occidental Petroleum Corporation ( OXY), up 1.2%. On the negative front, top decliners within the industry include Enerplus ( ERF), down 12.5%, Linn Energy ( LINE), down 2.9%, Plains All American Pipeline ( PAA), down 1.8%, Hess ( HES), down 1.5% and Marathon Petroleum ( MPC), down 1.6%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Canadian Natural Resources ( CNQ) is one of the companies pushing the Energy industry higher today. As of noon trading, Canadian Natural Resources is up $0.42 (1.5%) to $28.40 on average volume Thus far, 1.8 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $27.67-$28.41 after having opened the day at $27.73 as compared to the previous trading day's close of $27.99.

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas liquids (NGLs), and natural gas. Canadian Natural Resources has a market cap of $31.9 billion and is part of the basic materials sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are down 22.1% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Canadian Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full Canadian Natural Resources Ratings Report now.

4. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.38 (1.9%) to $20.48 on average volume Thus far, 3.4 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $20.11-$20.53 after having opened the day at $20.19 as compared to the previous trading day's close of $20.10.

Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. Petroleo Brasileiro SA Petrobras has a market cap of $135.4 billion and is part of the basic materials sector. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 10.8% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

3. As of noon trading, Nexen ( NXY) is up $0.65 (2.8%) to $24.16 on heavy volume Thus far, 6.6 million shares of Nexen exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $23.50-$24.18 after having opened the day at $23.51 as compared to the previous trading day's close of $23.51.

Nexen Inc. operates as an independent energy company worldwide. The company's Conventional Oil and Gas segment explores for, develops, and produces crude oil and natural gas from conventional sources. Nexen has a market cap of $12.6 billion and is part of the basic materials sector. The company has a P/E ratio of 33.1, above the S&P 500 P/E ratio of 17.7. Shares are up 49.8% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Nexen a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Nexen as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Nexen Ratings Report now.

2. As of noon trading, Pioneer Natural Resources Company ( PXD) is up $3.34 (3.3%) to $105.69 on average volume Thus far, 702,510 shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $101.67-$105.76 after having opened the day at $102.11 as compared to the previous trading day's close of $102.35.

Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States and South Africa. The company produces and sells oil, natural gas liquids (NGL), and gas. Pioneer Natural Resources Company has a market cap of $13.0 billion and is part of the basic materials sector. The company has a P/E ratio of 48.0, above the S&P 500 P/E ratio of 17.7. Shares are up 18.0% year to date as of the close of trading on Thursday. Currently there are 19 analysts that rate Pioneer Natural Resources Company a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Pioneer Natural Resources Company Ratings Report now.

1. As of noon trading, Anadarko Petroleum ( APC) is up $1.04 (1.5%) to $70.68 on light volume Thus far, 972,417 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $69.31-$70.69 after having opened the day at $69.36 as compared to the previous trading day's close of $69.64.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids(NGLs) in the United States, Algeria, and internationally. Anadarko Petroleum has a market cap of $35.2 billion and is part of the basic materials sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are down 8.8% year to date as of the close of trading on Thursday. Currently there are 21 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Anadarko Petroleum Ratings Report now.

If you are interested in one of these 5 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).

A reminder about TheStreet Ratings group: 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.

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