5 Stocks Raising The Energy Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Energy industry currently sits up 0.4% versus the S&P 500, which is up 0.4%. Top gainers within the industry include PetroChina ( PTR), up 3.0%, Occidental Petroleum Corporation ( OXY), up 1.2%, Chevron ( CVX), up 0.7% and Exxon Mobil Corporation ( XOM), up 0.6%.

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

5. Imperial Oil ( IMO) is one of the companies pushing the Energy industry higher today. As of noon trading, Imperial Oil is up $0.69 (1.8%) to $39.12 on heavy volume. Thus far, 222,990 shares of Imperial Oil exchanged hands as compared to its average daily volume of 271,800 shares. The stock has ranged in price between $38.22-$39.21 after having opened the day at $38.39 as compared to the previous trading day's close of $38.43.

Imperial Oil Limited engages in the exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. Imperial Oil has a market cap of $32.4 billion and is part of the basic materials sector. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are down 11.1% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Imperial Oil a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Imperial Oil as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins. Get the full Imperial Oil 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.

4. As of noon trading, Baker Hughes ( BHI) is up $1.20 (2.6%) to $47.89 on average volume. Thus far, 2.0 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $46.61-$48.01 after having opened the day at $46.63 as compared to the previous trading day's close of $46.69.

Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $20.4 billion and is part of the basic materials sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 14.3% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Baker Hughes a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Baker Hughes as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Baker Hughes 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, EOG Resources ( EOG) is up $3.69 (2.7%) to $139.00 on average volume. Thus far, 1.0 million shares of EOG Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $135.24-$139.27 after having opened the day at $135.24 as compared to the previous trading day's close of $135.31.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources has a market cap of $35.8 billion and is part of the basic materials sector. The company has a P/E ratio of 48.0, above the S&P 500 P/E ratio of 17.7. Shares are up 9.0% year to date as of the close of trading on Monday. Currently there are 21 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, 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 EOG 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.

2. As of noon trading, ConocoPhillips ( COP) is up $0.72 (1.2%) to $61.94 on average volume. Thus far, 3.2 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $61.05-$62.18 after having opened the day at $61.21 as compared to the previous trading day's close of $61.23.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids on a worldwide basis. ConocoPhillips has a market cap of $74.0 billion and is part of the basic materials sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 4.3% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ConocoPhillips 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, Halliburton Company ( HAL) is up $0.71 (1.7%) to $43.16 on light volume. Thus far, 3.5 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 10.6 million shares. The stock has ranged in price between $42.41-$43.34 after having opened the day at $42.44 as compared to the previous trading day's close of $42.45.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $38.9 billion and is part of the basic materials sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 20.3% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Halliburton Company 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 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).

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