4 Energy Stocks Pushing The 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 87 points (-0.6%) at 14,874 as of Thursday, June 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,603 declining with 125 unchanged.

The Energy industry currently sits down 0.18 versus the S&P 500, which is down 0.38. A company within the industry that fell today was Petroleo Brasileiro SA Petrobras ( PBR), up 0.53.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Canadian Natural Resources ( CNQ) is one of the companies pushing the Energy industry higher today. As of noon trading, Canadian Natural Resources is up $0.24 (0.83) to $29.06 on average volume Thus far, 1.5 million shares of Canadian Natural Resources exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $28.71-$29.14 after having opened the day at $28.78 as compared to the previous trading day's close of $28.82.

Canadian Natural Resources Limited engages in the exploration, development, production and marketing of crude oil, natural gas liquids, and natural gas. Canadian Natural Resources has a market cap of $32.0 billion and is part of the basic materials sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Canadian Natural Resources a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Canadian Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Canadian Natural Resources Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Weatherford International ( WFT) is up $0.42 (3.04) to $14.04 on heavy volume Thus far, 7.5 million shares of Weatherford International exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $13.52-$14.22 after having opened the day at $13.60 as compared to the previous trading day's close of $13.63.

Weatherford International Ltd. provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. Weatherford International has a market cap of $10.3 billion and is part of the basic materials sector. Shares are up 21.8% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Weatherford International a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Weatherford International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. 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 Weatherford International Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Kinder Morgan ( KMI) is up $0.73 (1.93) to $38.54 on heavy volume Thus far, 2.9 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $37.72-$38.82 after having opened the day at $37.85 as compared to the previous trading day's close of $37.81.

Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company operates in six segments: Natural Gas Pipelines, Products Pipelines KMP, CO2 KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other. Kinder Morgan has a market cap of $39.3 billion and is part of the basic materials sector. The company has a P/E ratio of 62.2, above the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Kinder Morgan Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Marathon Petroleum ( MPC) is up $1.37 (1.71) to $81.30 on light volume Thus far, 1.1 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $79.65-$82.26 after having opened the day at $79.75 as compared to the previous trading day's close of $79.93.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. Marathon Petroleum has a market cap of $26.2 billion and is part of the basic materials sector. The company has a P/E ratio of 7.8, below the S&P 500 P/E ratio of 17.7. Shares are up 26.9% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Marathon Petroleum a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Marathon Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and attractive valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Marathon Petroleum Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 4 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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