4 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 13,964 as of Thursday, Feb. 14, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,524 declining with 153 unchanged.

The Energy industry currently sits up 0.3% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Valero Energy Corporation ( VLO), up 1.8%, and National Oilwell Varco ( NOV), up 1.7%. On the negative front, top decliners within the industry include Encana ( ECA), down 4.8%, Total ( TOT), down 2.9%, Eni SpA ( E), down 2.5%, Cenovus Energy ( CVE), down 2.5% and Canadian Natural Resources ( CNQ), down 1.5%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Enterprise Products Partners ( EPD) is one of the companies pushing the Energy industry higher today. As of noon trading, Enterprise Products Partners is up $0.83 (1.5%) to $57.42 on average volume Thus far, 996,619 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $56.55-$57.69 after having opened the day at $56.58 as compared to the previous trading day's close of $56.59.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $50.2 billion and is part of the basic materials sector. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Shares are up 11.9% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations 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 Enterprise Products Partners Ratings Report now.

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3. As of noon trading, Baker Hughes ( BHI) is up $1.24 (2.7%) to $47.37 on average volume Thus far, 2.1 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $46.02-$47.43 after having opened the day at $46.10 as compared to the previous trading day's close of $46.13.

Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $20.1 billion and is part of the basic materials sector. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are up 12.2% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 17 rate it a hold.

TheStreet Ratings rates Baker Hughes as a hold. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Baker Hughes Ratings Report now.

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2. As of noon trading, Halliburton Company ( HAL) is up $1.60 (3.9%) to $42.44 on average volume Thus far, 7.6 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 10.5 million shares. The stock has ranged in price between $40.72-$42.64 after having opened the day at $40.74 as compared to the previous trading day's close of $40.84.

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 $37.9 billion and is part of the basic materials sector. The company has a P/E ratio of 14.6, below the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Halliburton Company a buy, no analysts rate 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, good cash flow from operations 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 Halliburton Company Ratings Report now.

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1. As of noon trading, Schlumberger ( SLB) is up $1.63 (2.1%) to $80.26 on average volume Thus far, 4.2 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $78.14-$80.43 after having opened the day at $78.54 as compared to the previous trading day's close of $78.63.

Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $104.3 billion and is part of the basic materials sector. The company has a P/E ratio of 19.3, above 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 Wednesday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Schlumberger as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full Schlumberger Ratings Report now.

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If you are interested in one of these 4 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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