Energy Stocks On The Rise With Help From 5 Stocks

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 5 points (0.0%) at 15,100 as of Thursday, May 9, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,176 issues advancing vs. 1,742 declining with 136 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is down 0.21. Top gainers within the industry include Energy Transfer Equity ( ETE), up 3.6%, MarkWest Energy Partners ( MWE), up 3.3% and Williams Companies ( WMB), up 2.7%. On the negative front, top decliners within the industry include Eni SpA ( E), down 0.88, PetroChina ( PTR), down 0.86 and Schlumberger ( SLB), down 0.54.

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

5. Energy Transfer Partners L.P ( ETP) is one of the companies pushing the Energy industry higher today. As of noon trading, Energy Transfer Partners L.P is up $1.18 (2.42) to $49.78 on average volume Thus far, 1.1 million shares of Energy Transfer Partners L.P exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $48.25-$49.85 after having opened the day at $48.88 as compared to the previous trading day's close of $48.60.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Energy Transfer Partners L.P has a market cap of $14.5 billion and is part of the basic materials sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Energy Transfer Partners L.P a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, attractive valuation levels, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Energy Transfer Partners L.P Ratings Report now.

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