Halliburton Company (HAL): Today's Featured Energy Winner

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.

Halliburton Company ( HAL) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 1.1%. By the end of trading, Halliburton Company rose 67 cents (1.6%) to $42.08 on average volume. Throughout the day, 11 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 11.2 million shares. The stock ranged in a price between $41.48-$42.22 after having opened the day at $41.78 as compared to the previous trading day's close of $41.41. Other companies within the Energy industry that increased today were: Willbros Group ( WG), up 22.3%, Quicksilver Resources ( KWK), up 14.6%, Gasco Energy ( GSX), up 14.2%, and Cubic Energy ( QBC), up 12.5%.
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Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $38.02 billion and is part of the basic materials sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Thursday. Currently there are 22 analysts that rate Halliburton Company a buy, no analysts rate it a sell, and five 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.

On the negative front, BMB Munai ( BMBM), down 12.1%, HyperDynamics Corporation ( HDY), down 11.9%, Callon Petroleum ( CPE), down 7.8%, and CKX Lands ( CKX), down 5.4%, were all laggards within the energy industry with Valero Energy Corporation ( VLO) being today's energy industry laggard.

For investors not wanting singular stock exposure, 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).

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