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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4. As of noon trading, Encana ( ECA) is up $0.31 (1.69) to $18.66 on light volume Thus far, 1.9 million shares of Encana exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $18.22-$18.69 after having opened the day at $18.31 as compared to the previous trading day's close of $18.35.

Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. Encana has a market cap of $13.4 billion and is part of the basic materials sector. Shares are down 7.1% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Encana a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Encana as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and weak operating cash flow. Get the full Encana Ratings Report now.

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3. As of noon trading, Range Resources Corporation ( RRC) is up $1.48 (1.99) to $75.80 on average volume Thus far, 806,727 shares of Range Resources Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $74.09-$75.86 after having opened the day at $74.32 as compared to the previous trading day's close of $74.32.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. It engages in the acquisition, exploration, and development of natural gas and oil properties. Range Resources Corporation has a market cap of $12.3 billion and is part of the basic materials sector. The company has a P/E ratio of 1077.1, above the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Range Resources Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Range Resources Corporation 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Range Resources Corporation Ratings Report now.

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2. As of noon trading, Chesapeake Energy ( CHK) is up $0.54 (2.81) to $19.73 on average volume Thus far, 6.6 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 11.9 million shares. The stock has ranged in price between $19.15-$19.73 after having opened the day at $19.19 as compared to the previous trading day's close of $19.19.

Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services. Chesapeake Energy has a market cap of $12.8 billion and is part of the basic materials sector. Shares are up 15.1% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 17 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Chesapeake Energy Ratings Report now.

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1. As of noon trading, Apache Corporation ( APA) is up $3.23 (4.15) to $80.99 on heavy volume Thus far, 5.7 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $78.51-$81.65 after having opened the day at $78.54 as compared to the previous trading day's close of $77.76.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $30.1 billion and is part of the basic materials sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are down 0.9% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Apache Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Apache Corporation 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 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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