5 Stocks Pushing The Energy Industry Higher

TheStreet Ratings group would like to highlight 5 stocks pushing the energy industry higher today, Nov. 15, 2012.

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.4%) at 12,524 as of Thursday, Nov. 15, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 797 issues advancing vs. 2,184 declining with 91 unchanged.

The Energy industry currently sits up 0.4% versus the S&P 500, which is down 0.4%. Top gainers within the industry include Cameron International Corporation ( CAM), up 3.3%, Ecopetrol S.A ( EC), up 1.0%, Eni SpA ( E), up 0.7%, Imperial Oil ( IMO), up 0.6% and Schlumberger ( SLB), up 1.0%. On the negative front, top decliners within the industry include Energy Transfer Equity ( ETE), down 3.2%, Cenovus Energy ( CVE), down 1.4% and PetroChina ( PTR), down 0.8%.

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

5. Nexen ( NXY) is one of the companies pushing the Energy industry higher today. As of noon trading, Nexen is up $0.48 (2.0%) to $25.00 on heavy volume Thus far, 8.0 million shares of Nexen exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $24.60-$25.36 after having opened the day at $24.62 as compared to the previous trading day's close of $24.52.

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 $12.9 billion and is part of the basic materials sector. The company has a P/E ratio of 33.9, above the S&P 500 P/E ratio of 17.7. Shares are up 53.2% year to date as of the close of trading on Wednesday. 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.

4. As of noon trading, Marathon Oil ( MRO) is up $0.29 (1.0%) to $30.34 on average volume Thus far, 4.2 million shares of Marathon Oil exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $29.96-$30.73 after having opened the day at $30.02 as compared to the previous trading day's close of $30.05.

Marathon Oil Corporation operates as an energy company worldwide. The company operates in three segments: Exploration and Production, Oil Sands Mining, and Integrated Gas. Marathon Oil has a market cap of $21.3 billion and is part of the basic materials sector. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are up 3.0% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Marathon Oil a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Marathon Oil as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full Marathon Oil Ratings Report now.

3. As of noon trading, BP ( BP) is up $0.14 (0.3%) to $40.30 on heavy volume Thus far, 4.9 million shares of BP exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $40.29-$41.06 after having opened the day at $40.80 as compared to the previous trading day's close of $40.16.

BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. BP has a market cap of $128.5 billion and is part of the basic materials sector. The company has a P/E ratio of 5.0, below the S&P 500 P/E ratio of 17.7. Shares are down 5.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate BP a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates BP as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full BP Ratings Report now.

2. As of noon trading, Anadarko Petroleum ( APC) is up $0.60 (0.9%) to $69.93 on average volume Thus far, 1.7 million 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 $69.41-$71.00 after having opened the day at $69.52 as compared to the previous trading day's close of $69.33.

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 $35.1 billion and is part of the basic materials sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are down 9.2% year to date as of the close of trading on Wednesday. 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.

1. As of noon trading, Halliburton Company ( HAL) is up $0.32 (1.1%) to $30.27 on average volume Thus far, 5.6 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 12.7 million shares. The stock has ranged in price between $30.22-$30.93 after having opened the day at $30.34 as compared to the previous trading day's close of $29.95.

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 $28.2 billion and is part of the basic materials sector. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are down 11.9% year to date as of the close of trading on Wednesday. Currently there are 19 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 6 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Halliburton Company 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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