Halliburton Company (HAL): Today's Featured Energy Winner

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.

Halliburton Company ( HAL) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.3%. By the end of trading, Halliburton Company rose $0.62 (1.4%) to $46.15 on average volume. Throughout the day, 7,692,544 shares of Halliburton Company exchanged hands as compared to its average daily volume of 9,284,200 shares. The stock ranged in a price between $45.83-$46.50 after having opened the day at $45.83 as compared to the previous trading day's close of $45.53. Other companies within the Energy industry that increased today were: GMX Resources ( GMXRQ), up 15.2%, Goodrich Petroleum ( GDP), up 14.7%, Matador Resources ( MTDR), up 14.3% and Solazyme ( SZYM), up 12.9%.

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 $41.9 billion and is part of the basic materials sector. Shares are up 31.2% year to date as of the close of trading on Wednesday. Currently there are 17 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, WSP Holdings ( WH), down 34.2%, Ivanhoe Energy ( IVAN), down 15.7%, Samson Oil & Gas ( SSN), down 13.3% and Halcon Resources ( HK), down 10.9% , were all laggards within the energy industry with Williams Companies ( WMB) being today's energy industry laggard.

For investors not wanting singular stock exposure, 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).

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