5 Stocks Driving The Energy Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 26 points (0.2%) at 15,572 as of Tuesday, July 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,636 issues advancing vs. 1,285 declining with 117 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the industry include Halliburton Company ( HAL), up 1.6%, Petroleo Brasileiro SA Petrobras ( PBR.A), up 1.4% and BP ( BP), up 0.7%.

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

5. Statoil ASA ( STO) is one of the companies pushing the Energy industry higher today. As of noon trading, Statoil ASA is up $0.15 (0.7%) to $22.50 on light volume. Thus far, 482,347 shares of Statoil ASA exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $22.43-$22.55 after having opened the day at $22.46 as compared to the previous trading day's close of $22.35.

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 $71.0 billion and is part of the basic materials sector. Shares are down 11.1% year to date as of the close of trading on Monday. 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 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.

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, Suncor Energy ( SU) is up $0.49 (1.5%) to $32.45 on average volume. Thus far, 2.4 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $31.93-$32.48 after having opened the day at $31.99 as compared to the previous trading day's close of $31.96.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $48.0 billion and is part of the basic materials sector. Shares are down 3.1% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Suncor Energy 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 reasonable valuation levels. 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 Suncor Energy 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, Marathon Petroleum ( MPC) is up $2.11 (3.0%) to $71.95 on average volume. Thus far, 1.4 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $69.93-$72.25 after having opened the day at $70.05 as compared to the previous trading day's close of $69.84.

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 $22.6 billion and is part of the basic materials sector. Shares are up 10.9% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Marathon Petroleum a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Marathon Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. 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.

2. As of noon trading, Phillips 66 ( PSX) is up $1.65 (2.9%) to $59.61 on average volume. Thus far, 2.2 million shares of Phillips 66 exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $58.35-$59.71 after having opened the day at $58.47 as compared to the previous trading day's close of $57.96.

Phillips 66 operates as an independent downstream energy company. The company operates in three segments: Refining and Marketing (R&M), Midstream, and Chemicals. Phillips 66 has a market cap of $35.6 billion and is part of the basic materials sector. Shares are up 9.2% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Phillips 66 a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Phillips 66 as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Phillips 66 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, Petroleo Brasileiro SA Petrobras ( PBR) is up $0.26 (1.8%) to $14.58 on average volume. Thus far, 10.4 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 18.2 million shares. The stock has ranged in price between $14.36-$14.63 after having opened the day at $14.39 as compared to the previous trading day's close of $14.32.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $91.1 billion and is part of the basic materials sector. Shares are down 26.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its 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, disappointing return on equity and poor profit margins. Get the full Petroleo Brasileiro SA Petrobras 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).

null

More from Markets

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Foxconn Chairman Terry Gou: US and China Are Waging a Global 'Tech War'

Foxconn Chairman Terry Gou: US and China Are Waging a Global 'Tech War'