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 15 points (0.1%) at 12,980 as of Tuesday, Dec. 4, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,319 issues advancing vs. 1,553 declining with 162 unchanged.

The Energy industry currently sits down 0.4% versus the S&P 500, which is down 0.1%. A company within the industry that increased today was PetroChina ( PTR), up 1.0%. On the negative front, top decliners within the industry include Seadrill ( SDRL), down 4.3%, Enterprise Products Partners ( EPD), down 0.9%, Occidental Petroleum Corporation ( OXY), down 0.7%, Imperial Oil ( IMO), down 0.7% and BP ( BP), down 0.6%.

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

5. Eni SpA ( E) is one of the companies pushing the Energy industry higher today. As of noon trading, Eni SpA is up $0.42 (0.9%) to $47.57 on light volume Thus far, 212,221 shares of Eni SpA exchanged hands as compared to its average daily volume of 578,000 shares. The stock has ranged in price between $47.36-$47.62 after having opened the day at $47.50 as compared to the previous trading day's close of $47.15.

Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. Eni SpA has a market cap of $85.9 billion and is part of the basic materials sector. The company has a P/E ratio of 4.8, below the S&P 500 P/E ratio of 17.7. Shares are up 14.2% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Eni SpA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Eni SpA as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year 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 Eni SpA Ratings Report now.

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4. As of noon trading, Total ( TOT) is up $0.39 (0.8%) to $50.36 on light volume Thus far, 681,297 shares of Total exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $50.28-$50.69 after having opened the day at $50.52 as compared to the previous trading day's close of $49.97.

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 $113.2 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 1.9% year to date as of the close of trading on Monday. 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 somewhat disappointing return on equity. Get the full Total Ratings Report now.

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3. As of noon trading, Noble Corporation ( NE) is up $1.33 (3.9%) to $35.58 on heavy volume Thus far, 2.9 million shares of Noble Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $34.11-$35.75 after having opened the day at $34.25 as compared to the previous trading day's close of $34.25.

Noble Corporation operates as an offshore drilling contractor for the oil and gas industry. The company offers contract drilling services for oil and gas wells. Noble Corporation has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Monday. Currently there are 21 analysts that rate Noble Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Noble Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust 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, relatively poor performance when compared with the S&P 500 during the past year and feeble growth in the company's earnings per share. Get the full Noble Corporation Ratings Report now.

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2. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.14 (0.8%) to $17.98 on average volume Thus far, 4.1 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 $17.89-$18.11 after having opened the day at $17.98 as compared to the previous trading day's close of $17.84.

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 $114.5 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 24.6% year to date as of the close of trading on Monday.

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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1. As of noon trading, Schlumberger ( SLB) is up $0.39 (0.6%) to $71.41 on light volume Thus far, 1.4 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $70.74-$71.97 after having opened the day at $70.92 as compared to the previous trading day's close of $71.02.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $95.1 billion and is part of the basic materials sector. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are up 4.8% year to date as of the close of trading on Monday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Schlumberger as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Schlumberger 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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