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 down 57 points (-0.4%) at 13,942 as of Monday, Feb. 25, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,301 issues advancing vs. 1,576 declining with 144 unchanged.

The Energy industry currently sits down 0.4% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Occidental Petroleum Corporation ( OXY), up 1.0%, Ecopetrol S.A ( EC), up 0.9% and Total ( TOT), up 0.6%. On the negative front, top decliners within the industry include Tenaris ( TS), down 1.5%, Royal Dutch Shell ( RDS.B), down 0.9% and Anadarko Petroleum ( APC), down 0.8%.

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

5. Cenovus Energy ( CVE) is one of the companies pushing the Energy industry higher today. As of noon trading, Cenovus Energy is up $0.36 (1.1%) to $32.47 on average volume Thus far, 468,945 shares of Cenovus Energy exchanged hands as compared to its average daily volume of 918,000 shares. The stock has ranged in price between $32.25-$32.63 after having opened the day at $32.25 as compared to the previous trading day's close of $32.11.

Cenovus Energy Inc., an integrated oil company, together with its subsidiaries, engages in the development, production, and marketing of bitumen, crude oil, natural gas, and natural gas liquids (NGLs) in Canada with refining operations in the United States. Cenovus Energy has a market cap of $24.0 billion and is part of the basic materials sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are down 5.3% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Cenovus Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cenovus Energy as a buy. 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Cenovus Energy Ratings Report now.

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4. As of noon trading, Magellan Midstream Partners L.P ( MMP) is up $1.04 (2.1%) to $50.41 on light volume Thus far, 189,567 shares of Magellan Midstream Partners L.P exchanged hands as compared to its average daily volume of 626,600 shares. The stock has ranged in price between $49.53-$50.51 after having opened the day at $49.71 as compared to the previous trading day's close of $49.37.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. Magellan Midstream Partners L.P has a market cap of $11.2 billion and is part of the basic materials sector. The company has a P/E ratio of 25.7, above the S&P 500 P/E ratio of 17.7. Shares are up 14.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Magellan Midstream Partners L.P a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Magellan Midstream Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Magellan Midstream Partners L.P Ratings Report now.

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3. As of noon trading, Enterprise Products Partners ( EPD) is up $0.55 (1.0%) to $56.40 on light volume Thus far, 460,050 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 $56.00-$56.59 after having opened the day at $56.08 as compared to the previous trading day's close of $55.85.

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 $50.1 billion and is part of the basic materials sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Friday. 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 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 Enterprise Products Partners Ratings Report now.

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2. As of noon trading, Canadian Natural Resources ( CNQ) is up $0.36 (1.2%) to $30.12 on average volume Thus far, 1.4 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $29.90-$30.35 after having opened the day at $30.00 as compared to the previous trading day's close of $29.76.

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 $32.2 billion and is part of the basic materials sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 1.9% year to date as of the close of trading on Friday. 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.

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1. As of noon trading, Southwestern Energy Company ( SWN) is up $0.88 (2.6%) to $34.23 on heavy volume Thus far, 4.0 million shares of Southwestern Energy Company exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $33.99-$34.60 after having opened the day at $34.35 as compared to the previous trading day's close of $33.35.

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil primarily in the United States. The company operates through two segments, Exploration and Production, and Midstream Services. Southwestern Energy Company has a market cap of $11.6 billion and is part of the basic materials sector. Shares are down 0.2% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Southwestern Energy Company a buy, 1 analyst rates it a sell, and 18 rate it a hold.

TheStreet Ratings rates Southwestern Energy Company as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Southwestern Energy Company 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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