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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.2%) at 14,513 as of Friday, March 15, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,309 issues advancing vs. 1,578 declining with 140 unchanged.

The Energy industry currently sits up 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Imperial Oil ( IMO), up 1.9%, Petroleo Brasileiro SA Petrobras ( PBR), up 1.7% and Valero Energy Corporation ( VLO), up 1.7%. On the negative front, top decliners within the industry include PetroChina ( PTR), down 1.3%, and Royal Dutch Shell ( RDS.A), down 0.6%.

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

5. Enbridge ( ENB) is one of the companies pushing the Energy industry higher today. As of noon trading, Enbridge is up $0.51 (1.1%) to $45.73 on average volume Thus far, 316,963 shares of Enbridge exchanged hands as compared to its average daily volume of 670,500 shares. The stock has ranged in price between $44.87-$45.77 after having opened the day at $45.15 as compared to the previous trading day's close of $45.22.

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. Enbridge has a market cap of $35.9 billion and is part of the basic materials sector. The company has a P/E ratio of 56.4, above the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Enbridge a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Enbridge 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full Enbridge Ratings Report now.

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4. As of noon trading, Suncor Energy ( SU) is up $0.47 (1.5%) to $31.30 on average volume Thus far, 2.1 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $30.82-$31.32 after having opened the day at $30.88 as compared to the previous trading day's close of $30.83.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $46.2 billion and is part of the basic materials sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Suncor Energy 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Suncor Energy Ratings Report now.

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3. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.34 (1.8%) to $19.60 on light volume Thus far, 3.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 10.1 million shares. The stock has ranged in price between $19.24-$19.65 after having opened the day at $19.46 as compared to the previous trading day's close of $19.26.

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 $124.8 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 0.3% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

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2. As of noon trading, National Oilwell Varco ( NOV) is up $2.30 (3.3%) to $71.08 on heavy volume Thus far, 3.5 million shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $68.74-$71.09 after having opened the day at $68.92 as compared to the previous trading day's close of $68.79.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. National Oilwell Varco has a market cap of $28.8 billion and is part of the basic materials sector. The company has a P/E ratio of 11.6, below the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Thursday. Currently there are 18 analysts that rate National Oilwell Varco a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates National Oilwell Varco as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full National Oilwell Varco Ratings Report now.

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1. As of noon trading, Schlumberger ( SLB) is up $0.90 (1.1%) to $79.65 on average volume Thus far, 4.5 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $78.48-$79.68 after having opened the day at $78.68 as compared to the previous trading day's close of $78.75.

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 $103.0 billion and is part of the basic materials sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 13.6% year to date as of the close of trading on Thursday. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor 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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