5 Stocks Driving 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.5%) at 15,467 as of Wednesday, May 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,746 issues advancing vs. 1,183 declining with 133 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include PetroChina ( PTR), down 1.14, Petroleo Brasileiro SA Petrobras ( PBR.A), down 1.16 and Royal Dutch Shell ( RDS.A), down 0.45.

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

5. Ecopetrol S.A ( EC) is one of the companies pushing the Energy industry higher today. As of noon trading, Ecopetrol S.A is up $0.86 (2.00) to $43.86 on heavy volume Thus far, 608,914 shares of Ecopetrol S.A exchanged hands as compared to its average daily volume of 592,900 shares. The stock has ranged in price between $42.97-$43.92 after having opened the day at $42.97 as compared to the previous trading day's close of $43.00.

Ecopetrol S.A., an integrated oil company, engages in the exploration, development, and production of crude oil and natural gas Colombia. The company operates in four segments: Exploration and Production, Refining and Petrochemicals, Transportation, and Market and Supply. Ecopetrol S.A has a market cap of $89.4 billion and is part of the basic materials sector. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7. Shares are down 27.9% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Ecopetrol S.A a buy, 3 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Ecopetrol S.A as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Ecopetrol S.A Ratings Report now.

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4. As of noon trading, Statoil ASA ( STO) is up $0.30 (1.34) to $22.76 on heavy volume Thus far, 3.7 million shares of Statoil ASA exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $22.43-$22.84 after having opened the day at $22.59 as compared to the previous trading day's close of $22.46.

Statoil ASA, an integrated energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $71.8 billion and is part of the basic materials sector. The company has a P/E ratio of 7.5, below the S&P 500 P/E ratio of 17.7. Shares are down 10.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Statoil ASA Ratings Report now.

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3. As of noon trading, Enterprise Products Partners ( EPD) is up $0.74 (1.18) to $63.34 on average volume Thus far, 610,890 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $62.67-$63.46 after having opened the day at $62.82 as compared to the previous trading day's close of $62.60.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $56.1 billion and is part of the basic materials sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 25.0% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Enterprise Products Partners Ratings Report now.

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2. As of noon trading, Pioneer Natural Resources Company ( PXD) is up $6.71 (4.83) to $145.68 on heavy volume Thus far, 1.8 million shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $143.05-$146.35 after having opened the day at $145.37 as compared to the previous trading day's close of $138.97.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States and South Africa. The company produces and sells oil, natural gas liquid (NGL), and gas. Pioneer Natural Resources Company has a market cap of $19.1 billion and is part of the basic materials sector. The company has a P/E ratio of 637.0, above the S&P 500 P/E ratio of 17.7. Shares are up 30.4% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Pioneer Natural Resources Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Pioneer Natural Resources Company Ratings Report now.

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1. As of noon trading, Chesapeake Energy ( CHK) is up $0.56 (2.70) to $21.41 on heavy volume Thus far, 11.1 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 11.7 million shares. The stock has ranged in price between $20.95-$21.63 after having opened the day at $21.26 as compared to the previous trading day's close of $20.85.

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 $13.9 billion and is part of the basic materials sector. Shares are up 25.5% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 18 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, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, generally higher debt management risk and poor profit margins. Get the full Chesapeake Energy 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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