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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Energy industry currently sits down 0.2% versus the S&P 500, which is down 0.0%. Top gainers within the industry include Gulfport Energy Corporation ( GPOR), up 14.5%, Enbridge ( ENB), up 1.4%, Imperial Oil ( IMO), up 0.6% and Eni SpA ( E), up 0.6%. On the negative front, top decliners within the industry include Ensco ( ESV), down 2.2%, Continental Resources ( CLR), down 1.5%, PetroChina ( PTR), down 0.8% and Statoil ASA ( STO), down 0.4%.

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

5. Encana ( ECA) is one of the companies pushing the Energy industry higher today. As of noon trading, Encana is up $0.29 (1.4%) to $21.38 on light volume Thus far, 1.7 million shares of Encana exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $20.81-$21.40 after having opened the day at $20.85 as compared to the previous trading day's close of $21.09.

Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids. Encana has a market cap of $15.7 billion and is part of the basic materials sector. Shares are up 13.8% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Encana a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Encana as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk. Get the full Encana Ratings Report now.

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4. As of noon trading, Total ( TOT) is up $0.33 (0.7%) to $49.40 on light volume Thus far, 514,246 shares of Total exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $48.78-$49.48 after having opened the day at $48.89 as compared to the previous trading day's close of $49.07.

TOTAL S.A., together with its subsidiaries, operates as an integrated oil and gas company worldwide. The company operates in three segments: Upstream, Downstream, and Chemicals. Total has a market cap of $112.7 billion and is part of the basic materials sector. The company has a P/E ratio of 7.2, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Total a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Total as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels 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 Total Ratings Report now.

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3. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.14 (0.8%) to $17.82 on heavy volume Thus far, 8.4 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $17.59-$17.89 after having opened the day at $17.68 as compared to the previous trading day's close of $17.67.

Petroleo Brasileiro S.A. operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $118.1 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 22.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

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2. As of noon trading, ConocoPhillips ( COP) is up $0.30 (0.5%) to $56.48 on light volume Thus far, 2.2 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $55.78-$56.58 after having opened the day at $55.84 as compared to the previous trading day's close of $56.18.

ConocoPhillips explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, liquefied natural gas and bitumen on a worldwide basis. ConocoPhillips has a market cap of $68.9 billion and is part of the basic materials sector. The company has a P/E ratio of 6.2, below the S&P 500 P/E ratio of 17.7. Shares are up 0.8% year to date as of the close of trading on Tuesday. Currently there are 5 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 attractive valuation levels, expanding profit margins, growth in earnings per share, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ConocoPhillips Ratings Report now.

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1. As of noon trading, Chevron ( CVX) is up $0.63 (0.6%) to $104.01 on light volume Thus far, 2.3 million shares of Chevron exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $102.76-$104.14 after having opened the day at $102.98 as compared to the previous trading day's close of $103.38.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. Chevron has a market cap of $205.5 billion and is part of the basic materials sector. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7. Shares are down 1.3% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Chevron a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Chevron Ratings Report now.

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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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