3 Energy Stocks Moving The Industry Upward

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 down 14 points (-0.1%) at 15,098 as of Friday, Aug. 16, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,393 issues advancing vs. 1,555 declining with 92 unchanged.

The Energy industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Tenaris ( TS), up 1.2%, Suncor Energy ( SU), up 1.3% and Total ( TOT), up 1.0%. On the negative front, top decliners within the industry include PetroChina ( PTR), down 1.4%, and Ecopetrol S.A ( EC), down 0.5%.

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

3. Cenovus Energy ( CVE) is one of the companies pushing the Energy industry higher today. As of noon trading, Cenovus Energy is up $0.39 (1.4%) to $28.79 on heavy volume. Thus far, 968,822 shares of Cenovus Energy exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $28.32-$29.04 after having opened the day at $28.37 as compared to the previous trading day's close of $28.40.

Cenovus Energy Inc., an integrated oil company, together with its subsidiaries, engages in the development, production, and marketing of bitumen, crude oil, natural gas, and natural gas liquids (NGLs) in Canada with refining operations in the United States. Cenovus Energy has a market cap of $21.4 billion and is part of the basic materials sector. Shares are down 15.3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Cenovus Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cenovus Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full Cenovus 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.

2. As of noon trading, Royal Dutch Shell ( RDS.A) is up $0.36 (0.6%) to $63.98 on average volume. Thus far, 1.6 million shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $63.91-$64.11 after having opened the day at $64.10 as compared to the previous trading day's close of $63.62.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $201.1 billion and is part of the basic materials sector. Shares are down 7.7% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Royal Dutch Shell as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels 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 Royal Dutch Shell 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, Anadarko Petroleum ( APC) is up $1.95 (2.2%) to $91.15 on heavy volume. Thus far, 2.6 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $89.45-$91.94 after having opened the day at $90.27 as compared to the previous trading day's close of $89.20.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $44.6 billion and is part of the basic materials sector. Shares are up 20.0% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum 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, compelling growth in net income and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Anadarko 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 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).

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