3 Stocks Advancing 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 3 points (0.0%) at 15,304 as of Thursday, May 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 979 issues advancing vs. 1,985 declining with 110 unchanged.

The Energy industry currently sits down 0.53 versus the S&P 500, which is down 0.37. Top gainers within the industry include Chesapeake Energy ( CHK), up 1.8%, and Ecopetrol S.A ( EC), up 0.6%. On the negative front, top decliners within the industry include Apache Corporation ( APA), down 2.46, Energy Transfer Partners L.P ( ETP), down 2.26, Plains All American Pipeline ( PAA), down 1.81, Halliburton Company ( HAL), down 1.64 and Enterprise Products Partners ( EPD), down 1.24.

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

3. Total ( TOT) is one of the companies pushing the Energy industry higher today. As of noon trading, Total is up $0.43 (0.85) to $50.85 on average volume Thus far, 809,374 shares of Total exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $50.29-$50.99 after having opened the day at $50.44 as compared to the previous trading day's close of $50.42.

TOTAL S.A., together with its subsidiaries, operates as a oil and gas company worldwide. The company operates in three segments: Upstream, Refining and Chemicals, and Marketing and Services. Total has a market cap of $115.3 billion and is part of the basic materials sector. The company has a P/E ratio of 7.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.8% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Total a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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

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2. As of noon trading, Encana ( ECA) is up $0.40 (2.07) to $19.71 on average volume Thus far, 2.4 million shares of Encana exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $19.00-$19.78 after having opened the day at $19.10 as compared to the previous trading day's close of $19.31.

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 $14.4 billion and is part of the basic materials sector. Shares are down 0.6% 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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1. As of noon trading, Cabot Oil & Gas Corporation ( COG) is up $1.01 (1.43) to $71.58 on average volume Thus far, 1.0 million shares of Cabot Oil & Gas Corporation exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $68.70-$72.28 after having opened the day at $69.81 as compared to the previous trading day's close of $70.57.

Cabot Oil & Gas Corporation, an independent oil and gas company, engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids in the United States. Cabot Oil & Gas Corporation has a market cap of $15.0 billion and is part of the basic materials sector. The company has a P/E ratio of 97.4, above the S&P 500 P/E ratio of 17.7. Shares are up 41.9% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Cabot Oil & Gas Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Cabot Oil & Gas Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Cabot Oil & Gas 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 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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