Today's Stocks Driving Success For The Energy Industry

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 6 points (0.0%) at 14,695 as of Friday, April 26, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 953 issues advancing vs. 1,941 declining with 134 unchanged.

The Energy industry currently sits down 1.36 versus the S&P 500, which is down 0.43. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras ( PBR), up 0.39. On the negative front, top decliners within the industry include Noble Energy ( NBL), down 2.25, Valero Energy Corporation ( VLO), down 1.75, Ecopetrol S.A ( EC), down 1.69, Anadarko Petroleum ( APC), down 1.36 and Enterprise Products Partners ( EPD), down 1.18.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Superior Energy Services ( SPN) is one of the companies pushing the Energy industry higher today. As of noon trading, Superior Energy Services is up $1.46 (6.02) to $25.78 on heavy volume Thus far, 2.7 million shares of Superior Energy Services exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $23.96-$25.91 after having opened the day at $23.96 as compared to the previous trading day's close of $24.32.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to oil and gas companies. The company operates in four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Subsea and Technical Solutions. Superior Energy Services has a market cap of $3.9 billion and is part of the basic materials sector. The company has a P/E ratio of 9.7, 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 Thursday.

TheStreet Ratings rates Superior Energy Services 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, attractive valuation levels, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Superior Energy Services Ratings Report now.

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2. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.13 (0.68) to $19.34 on light volume Thus far, 3.5 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $19.13-$19.48 after having opened the day at $19.18 as compared to the previous trading day's close of $19.21.

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 $126.3 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 0.5% 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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1. As of noon trading, Chevron ( CVX) is up $0.87 (0.73) to $119.38 on average volume Thus far, 2.8 million shares of Chevron exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $118.68-$120.27 after having opened the day at $119.00 as compared to the previous trading day's close of $118.51.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $229.3 billion and is part of the basic materials sector. The company has a P/E ratio of 8.9, below the S&P 500 P/E ratio of 17.7. Shares are up 9.6% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Chevron Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you are interested in one of these 3 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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