5 Energy Stocks Pushing Industry Growth

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 7 points (0.0%) at 14,818 as of Tuesday, Sept. 3, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,623 issues advancing vs. 1,312 declining with 88 unchanged.

The Energy industry currently sits up 0.5% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Marathon Petroleum ( MPC), up 2.6%, Continental Resources ( CLR), up 2.4%, National Oilwell Varco ( NOV), up 2.2%, Canadian Natural Resources ( CNQ), up 1.9% and PetroChina ( PTR), up 1.3%.

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

5. EOG Resources ( EOG) is one of the companies pushing the Energy industry higher today. As of noon trading, EOG Resources is up $1.62 (1.0%) to $158.67 on light volume. Thus far, 463,409 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $158.07-$160.49 after having opened the day at $159.46 as compared to the previous trading day's close of $157.05.

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 $42.8 billion and is part of the basic materials sector. Currently there are 20 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and increase in net income. 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.

4. As of noon trading, Valero Energy Corporation ( VLO) is up $0.90 (2.5%) to $36.42 on average volume. Thus far, 3.4 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $36.06-$36.83 after having opened the day at $36.38 as compared to the previous trading day's close of $35.53.

Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. Valero Energy Corporation has a market cap of $19.3 billion and is part of the basic materials sector. Currently there are 9 analysts that rate Valero Energy Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Valero Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Valero Energy Corporation 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, Anadarko Petroleum ( APC) is up $0.74 (0.8%) to $92.16 on light volume. Thus far, 895,978 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $91.70-$92.87 after having opened the day at $92.43 as compared to the previous trading day's close of $91.42.

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 $45.8 billion and is part of the basic materials sector. Currently there are 17 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 2 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

2. As of noon trading, ConocoPhillips ( COP) is up $0.50 (0.8%) to $66.80 on light volume. Thus far, 2.0 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $66.51-$66.99 after having opened the day at $66.96 as compared to the previous trading day's close of $66.30.

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 $81.1 billion and is part of the basic materials sector. Currently there are 5 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. 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 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, Schlumberger ( SLB) is up $1.23 (1.5%) to $82.17 on average volume. Thus far, 2.6 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $81.68-$82.83 after having opened the day at $81.69 as compared to the previous trading day's close of $80.94.

Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $107.1 billion and is part of the basic materials sector. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger 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 find that the company's profit margins have been poor overall. Get the full Schlumberger 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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