Spectra Energy Corp (SE): 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.

Spectra Energy ( SE) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.7%. By the end of trading, Spectra Energy rose $0.45 (1.3%) to $34.46 on light volume. Throughout the day, 2,024,214 shares of Spectra Energy exchanged hands as compared to its average daily volume of 3,637,800 shares. The stock ranged in a price between $34.05-$34.46 after having opened the day at $34.06 as compared to the previous trading day's close of $34.01. Other companies within the Energy industry that increased today were: KiOR ( KIOR), up 57.9%, Andatee China Marine Fuel Services Corporat ( AMCF), up 37.0%, Emerald Oil ( EOX), up 8.7% and Magnum Hunter Resources Corportion ( MHR), up 7.5%.

Spectra Energy Corp, through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company's U.S. Spectra Energy has a market cap of $22.9 billion and is part of the basic materials sector. Shares are up 24.8% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Spectra Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Spectra Energy 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 and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, MagneGas Corporation ( MNGA), down 9.6%, Enduro Royalty ( NDRO), down 6.9%, Syntroleum Corporation ( SYNM), down 5.4% and Global Geophysical Services ( GGS), down 4.8% , were all laggards within the energy industry with Tesoro Corporation ( TSO) 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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